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GRADUATE PROGRAM- Course Descriptions
MASTER OF ARTS | DOCTOR OF PHILOSOPHY | COURSE DESCRIPTIONS | ADMISSIONS
   
 
ECOG-200
3 credits

Microeconomic Theory I: Consumer, Producer and Value Theories
Advanced study of microeconomic analysis. Fall and spring semesters.
Prerequisites: ECON-170 and proficiency in basic mathematics and statistics or by the approval of the professor.
   
ECOG-201
3 credits
Microeconomic Theory II: General Equilibrium and Welfare Economics
Continuation of Microeconomic Theory I, with emphasis on selected topics in microeconomic analysis including general equilibrium, welfare economics externalities and public goods.
Prerequisites: ECOG-200.
   
ECOG-202
3 credits
Macroeconomic Theory I: Advance Macro-statics and Income Determination
Advanced study of static macroeconomic analysis from microeconomic foundations with special emphasis on the real and financial sectors from the study of decision making in the four markets of labor, goods, money and bond.
Prerequisites: ECON-171 and proficiency in basic mathematics and statistics or by the approval of the professor.
   
ECOG-203
3 credits
Macroeconomic Theory II: Dynamics and Growth Theory
This is a follow-up course of ECOG-202. The intent of the course is to equip the student with techniques, tools and methods of dynamic analysis of key aggregate economic variables of an evolving economy. Central to this course is an investigation into the development of theories of economic evolution where dynamic behavior of the key aggregate variables representing the essential description of the economy are theoretically and econometrically modeled, analyzed and studied. Topics will include investment and capital theories, modern growth theories and the essentials of theories of technological progress. Spring semester only.
Prerequisites: ECOG-202, ECOG-211 and ECOG-213
   
ECOG-204
3 credits
History of Economic Analysis
Provides a critical and interpretive study of the evolution of economic science from the Physiocratic doctrine to contemporary economic thinking, logical shifts and competing paradigm.
Prerequisites: ECON-170 and ECON-171.
   
ECOG-210
3 credits
Advanced Statistics
Presents techniques and methods of probability and distribution theory with special attention to statistical inference. Topics will include Estimation, hypothesis testing, maximum likelihood and non-parametric methods. Fall semester only.
Prerequisites: ECON-181
   
ECOG-211
3 credits
Econometrics I: Theory and Methods
Review of matrix algebra, single equation regression models, maximum likelihood estimation, data problems, model specification, use of dummy variables, dynamic regression models and their applications to economic analysis and econometric computing.
Prerequisites: ECOG 210
   
ECOG-212
3 credits
Econometrics II: Advanced Topics and Application
Advanced studies in econometric models. Topics will include non-linear regression, simultaneous equation models, limited dependent variable and duration models. Further topics will include panel data, cross sectional and time series models, non-parametric regression and their applications to economic analysis and computing. Fall semester only.
Prerequisites: ECOG-211.
   
ECOG-213
3 credits
Mathematics for Economists I: Mathematical Methods of Static Optimization
Examines the mathematical concepts of matrix algebra, differentiation, the implicit function theorem, convexity and concavity, integral calculus, differential and difference equations and how they are used in economic optimization, analysis, problem solving and computing.
Prerequisites: ECON-183
   
ECOG-214
3 credits
Linear Programming and Operations Research
Theories of linear programming, static optimization and input-output techniques and their applications to economic modeling and computing.
Prerequisites: ECOG 210 and ECOG 211, ECOG-213
   
ECOG-215
3 credits
Mathematics for Economists II: Mathematical Methods of Dynamic Optimization ad Game Theory
Mathematics of optimal control theory, variational methods, sensitivity functions, game theory and dynamic equilibrium and their applications to economic modeling , analysis and computing.
Prerequisites: ECOG-200, ECOG-202 and ECOG-213
   
ECOG-216
3 credits
Seminar in Quantitative Research
Examine the uses and applications of econometric and mathematical methods and theory of economic computing in economic models, estimation and simulation of models.
Prerequisites: ECOG 201, ECOG 203, ECOG-212 , ECOG-215
   
ECOG-220
3 credits

Development Economics I: Theory of Economic Development
Study of the concepts, logical methods and conclusions of major theories of economic development and evolution and how they explain the development process. Fall semester only.
Prerequisites:
ECON-171

   
ECOG-221
3 credits
Development Economics II: Economic Development Policy and Planning
Theories and applications of development policies and planning and how such theories can be used to deal with issues and problems of national development and economic evolution.
Prerequisites: ECOG-200, ECOG-202 , ECOG-220
   
ECOG-222
3 credits
The Public Economics of Development
Analysis of public finance and fiscal policy and their uses in Planning, programming and budgeting in developing countries. Spring semester only.
Prerequisites: ECOG 220
   
ECOG-223
3 credits
Population and Economic Development
Impact of population dynamics on economic development and evolution in general; and with special attention to developing countries. Spring semester only.
Prerequisites: ECOG-220
   
ECOG-224
3 credits
Economic Development in Africa
Analysis of the development of selected regions in Africa and how their experiences help the understanding of development problems and issues of other African countries. Fall semester only.
Prerequisites: ECOG-220
   
ECOG-225
3 credits
Economic Development in Asia
Study of the economic development of selected Asian countries including Japan, India, and China. Spring semester only.
Prerequisites: ECOG-220
   
ECOG-226
3 credits
Economic Development in Latin America
The study of economic development progress and problems of Latin America and the lessons that can be learnt for the understanding of Development process. Spring semester only.
Prerequisites: ECOG-220
   
ECOG-227
3 credits
Caribbean Economic Development
Investigation of various processes of development issues and problems in the Caribbean within the Caribbean institutions. Emphasis is placed not only on the economic aspects but also the interrelationships of historical, geographical, sociological and political factors of development. Fall semester only.
Prerequisites: ECON-194 or ECOG-220
   
ECOG-228
3 credits
Seminar in Economic Development
Examination of selected topics and problems in theory and policies of economic development and evolution. Fall semester only.
Prerequisites: ECOG-220
   
ECOG-230
3 credits
Urban Economics I: Theory and Policies of Economics of Cities and Regions
History and nature of urban economics, central place theory, comparative advantage and regions. Subject will include tools for urban macroeconomic analysis, economic based models, shift-share analysis, and economic forecasting and location theory. Selected problems of urban decay, gentrification, poverty financing of municipal governments and the city size in addition to the social welfare implications will be discussed ; theories of urban decay; urban housing markets; urban transportation structure; urban poverty and discrimination; and gentrification.
Prerequisites: ECON 170 and ECON 171
   
ECOG-231
3 credits
Urban Economics II: Urban Real Estate Markets, Labor Markets and Externalities
Study of urban market and land use patterns. This will include location choice of households, urban growth and local government policies. Other additional topics will include mismatch between residents and employment opportunities, school financing, local property taxes, urban sprawl, amenities and externalities. Spring semester only.
Prerequisites: ECOG-230
   
ECOG-232
3 credits
Economics of Housing and Urban Development
Theory, Analysis and policies of the demand and supply of urban housing including topics of housing and urban environment. Fall semester only.
Prerequisites: ECOG-230
   
ECOG-233
3 credits
Economics of Health Services
The course uses economic analysis to examine theories and practices related to the provision of health care services. Topics will include investigation of current policies in economics of health services , demand, supply and financing of health services, cost-benefit analysis of health services projects and comparison of international healthcare systems. Spring semester only.
Prerequisites: ECOG-200
   
ECOG-234
3 credits
Economics of Poverty and Manpower
The study of socioeconomic factors that contribute to urban , rural and international poverty .Emphasis is placed on measures of poverty, economics and politics of income distribution, occupational structure of the labor force, and factors that maintain poverty. Additionally, various policies of governments and international institutions on poverty reduction and eradication will be analyzed.
Prerequisites: ECOG 200, ECOG 202
   
ECOG-235
3 credits
Urban Transportation
Economic analysis of local areas under alternative modes of urban transportation systems. Topics will include transportation costs and negative externalities such as congestion, pollution, and efficient pricing schemes and cost benefit implications.
Prerequisites: ECOG 230
   
ECOG-237
3 credits
Urban Economics III: Seminar in Urban Economics
Special topics in urban economics including the study of empirical methods such as spatial econometrics, Hedonic housing price models, simulation techniques, economic impact analysis and location theory.
Prerequisites: ECOG-230 and ECOG-231
   
ECOG-240
3 credits
Public Finance
Topics in public finance and externalities. Theory and welfare aspects of public expenditure and taxation. The role of the government in promoting efficient allocation of resources and some aspects of social choice and budgets are examined at the national, state and local levels of government. Prereq: ECON 170.
   
ECOG-241
3 credits

Fiscal Policy
Macroeconomic analysis of federal tax and expenditure policies.
Prerequisites: ECON 171 or ECOG 202

   
ECOG-242
3 credits
The Economics of Government Subsidies
Analysis of the various kinds of federal government subsidies to individuals and businesses and how such subsidies affect the price levels, income distribution and import-export balances. Spring semester only.
   
ECOG-244
3 credits
International Economics I: Trade Theory
Detailed study of the theoretical foundations of international trade and how the theory provides an understanding of forces which influence the direction of trade(DOT) in the global economy. Fall semester only.
Prerequisites: ECOG-200
   
ECOG-245
3 credits
International Economics III: Seminar in International Commercial Policy
The study of policy behavior of such economic aggregate variables as exchange rate, interest rate, tariffs, trade controls, custom unions, common markets, balance of trade, devaluation, and economic integration in open economies and their impacts on international trade, payments and relationships.
Prerequisites: ECOG 244 and ECOG-249
   
ECOG-246
3 credits

Comparative Economic Systems
Study of the theory, practice and performance of decision-making in different economic formations, such as socialist, and capitalist systems.
Prerequisites: ECON 170, ECON 171

   
ECOG-247
3 credits
Manpower Policy and Problems
The development of governmental policies and programs to maximize the utilization of human resources. Topics will include explorations into human capital theory, aspects of employment planning, investments in health as they relate to employment policies.
Prerequisites: ECON 170, ECON 171
   
ECOG-248
3 credits
Industrial Organizations and Public Policy
Microeconomics of industrial structure and market relationship. The course deals with the conduct and performance of economic enterprises. Examines the policies of regulatory agencies and their impact on the structure and performance of businesses. Emphasis is placed on contemporary theory of oligopoly market including game theory, dynamic pricing behavior, mergers, product differentiation and research and development policy.
Prerequisites: ECON 170, ECON 171.and ECOG-200
   
ECOG-249
3 credits
International Economics II: Theory and Applications of International Finance
The study of the theory of balance of payments and international capital flows. Examines the relationship between the balance of payments and money in open macroeconomic systems. Discusses the effects on domestic economy of domestic policies under different exchange rate regimes. Topics include balance of payments adjustment mechanisms, capital movements, monetary and fiscal policies to attain domestic and external targets, exchange rate determination and choices of exchange rate regime.
Prerequisites: ECOG-202, ECOG-244
   
ECOG-250
3 credits
Cost Benefit Analysis
The study of the techniques, methods and decision logic for evaluating the benefits and costs of social and private projects. It includes topics of social costing, benefit accounting, cost-benefit criteria and optimal choice of projects.
Prerequisites: ECOG 200, ECOG 213
   
ECOG-251
3 credits
Comparative Study of Social Security Systems
Examination of the theory and comparative practice of social security in the United States and the rest of the world. It includes the comparative study of different social security regimes.
Prerequisites: ECON 170, ECON 171
   
ECOG-252
3 credits
Economic History of the United States
Study of structural and institutional changes in the American economy from colonial times through the Great Depression to the present.
Prerequisites: ECON 170, ECON 171
   
ECOG-253
3 credits
Economic History of Europe
Development of the themes of the rise of industrial Europe with emphasis on economic history of Europe since World War II. Special attention will be placed on integration of markets and economic policies. This will include topic on problems of application of theories of regional integration and institutional framework for monetary and fiscal policies in the European Union.
Prerequisites: ECON 170, ECON 171
   
ECOG-260
3 credits
Agriculture and Economic Development
The course is devoted to the study of the role of agriculture in economic growth and development and how agriculture forms the back of national security and economic evolution. Spring semester only.
Prerequisites: ECON-194 or ECOG-220
   
ECOG-261
3 credits
Human Resources Economics I: Advanced Human Resource Economics
The course develops theoretical and econometric models of market for human resources, especially the forces that determine supply of and demand for labor. Market equilibrium, compensation wage differences, investment in human capital and economics of discrimination will be examined. Additionally theories of learning by doing on the part of labor, compensation and living-wage phenomenon will be analyzed.. Fall semester only.
Prerequisites: ECOG-200 and ECOG-202
   
ECOG-262
3 credits

Human Resources II: Topics in Human Resources Economics
The course provides in-depth analysis of recent theoretical and empirical research on various advanced topics on human resource economics with emphasis on questions that are related to government policies. Topics, among other things include minimum wage laws, labor unions, compensation policies, productivity, and retirement policies and programs . Spring semester only.
Prerequisites:
ECOG-261

   
ECOG-263
3 credits
Human Resource Economics III: Seminar in Human Resources
The third course in Human resource economics sequence is a seminar.It is designed to involve students in in-depth analysis of special topics in human resource economics. Emphasis will be placed on current research and policy issues. Students are expected to read and analyze published journal articles and prepare either theoretical or empirical term paper on a topic of their choice that falls within the scope of the course. It may also be a critical review of published essay or on a topic.
Prerequisites: ECOG 261
   
ECOG-271
3 credits
Monetary Economics I: Demand for Money and Monetary Policy
Analysis of monetary aggregates, the demand for and supply of money. Additional topics will include monetary policy as stabilization in macroeconomic system and inflationary process.
Prerequisites: ECOG-200, ECOG-202
   
ECOG-272
3 credits
Monetary Economics II: Advanced Topics in Monetary Theory
Subjects related to money, growth, government, debt, and monetary policy targeting.
Prerequisites: ECOG-271
   
ECOG-273
3 credits
Monetary Economics III: Seminar in Monetary and Fiscal Economics
New developments in monetary/ fiscal economics. Seminar topics will vary depending on current research problems. Fall semester only.
Prerequisites: ECOG-271 and ECOG-272
   
ECOG-274
3 credits
Financial Intermediation
Microeconomics of borrowings and lending. Topics will include financial intermediation, term structure of interest rates, portfolio selection and economic development.
Prerequisites: ECOG 271
   
ECOG-295
3 credits
Research Topics in Economics
Content of course varies from semester to semester. Topics of applied and theoretical nature with emphasis on current research interests will be offered, e.g., energy, natural resources, environment, public policy, etc.
Prerequisites: ECOG 200, ECOG 201 ECOG-202, ECOG-203, and ECOG-211
   
ECOG-298
3 credits
Internship I
   
ECOG-299
3 credits
Internship II
   
ECOG-300
ECOG-301
3 credits
M.A. Thesis
   
ECOG-400
3 credits
Ph.D. Dissertation
   

See the Director of Graduate Studies for the courses that are being offered.

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