Economics

• Econometrics (200-level): This course is concerned with the application of statistical theory to the analysis of economic data and the estimation of economic relationships. The course focuses on regression analysis and its uses in empirical economic research. Students will learn how to construct economic models and test them with data.
• Microeconomic Analysis (200-level): This course focuses on how incentives both constrain and direct the decision making of consumers, producers, and governments. Students will learn to use both graphical and optimization techniques to solve the problems faced by consumers (what to buy), producers (what to produce and what price to sell it at), and governments (which policies to enact).
• Macroeconomic Analysis (200-level): In this course, students will combine empirical observations and economic models to study the dynamics of the aggregate economy. This course focuses on the macroeconomic tools of government – fiscal and monetary policy – and their effects on long-run economic growth, employment, and inflation.

Intermediate Courses (200-level): Intermediate level courses in Economics can be taken after at least one of Principles of Economics 1 and 2 and Economic Methods have been completed. Intermediate level courses will have students using tools and techniques from the first three Foundation level courses in applied areas of Economics.

Sample Intermediate Level Courses

• • Financial Management
  • Investment Management
  • Game Theory
  • Political Economy

Advanced Courses (300-level): Advanced level courses in Economics can be taken after at least one of Microeconomic and Macroeconomic Analysis and Econometrics. Advanced level courses have students read, analyze, replicate, and create economic research.

Sample Advanced Courses

• Behavioral and Experimental Economics
• Money and Banking
• Economics of Inequality
• Economic Development
• The Economics of Corruption
• Dynamic Macroeconomics
• International Finance

A capstone project represents the culmination of a student’s learning journey, showcasing their mastery of the core outcomes and competencies of the Economics curriculum in a cohesive and meaningful manner. The student is expected to produce independent research that addresses a gap in the existing literature using economic tools. An Economics Capstone can take only the form of a written thesis.

To be eligible to apply for the capstone in Economics, you must meet the following criteria:

• Major GPA: 3.0
• Expected to have completed at least ONE 300-level course by the end of the Spring semester
  before Capstone I.

Before students apply for a Capstone, they should declare their major, maintain good academic standing, and discuss their Capstone project with their prospective advisor.

Capstone applicants will be assessed by the major faculty based on the eligibility criteria and the quality of the proposal.