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Courses in Economics

Current course catalog is available here.

See http://classes.uoregon.edu/ and search by EC for a list of all currently offered courses.

About Online Courses

Three economics courses are offered online — Introduction to Economic Analysis: Microeconomics (EC 201), Introduction to Economics Analysis: Macroeconomics (EC 202), and International Economic Issues (EC 380). These courses are self-paced; the examinations are administered in the Social Sciences Instructional Laboratory for on-campus students and online for off-campus students. The courses, which must be completed within a standard ten-week term, are open to enrolled and community-education students and to high school students who want accredited university course work. Current courses offered are listed on the Distance Education website.

Course List

101 Contemporary Economic Issues (4) Examines contemporary public policy using economic principles. Topics may include balanced budgets and tax reform, unemployment, health care, poverty and income redistribution, environmental policy, and international trade policy.

199 Special Studies: [Topic] (1-5R)

201 Introduction to Economic Analysis: Microeconomics (4) Examines how consumers, firms, and governments make decisions when facing scarce resources and how those decisions affect market outcomes, such as prices and output. MATH 111 recommended. This course also available online.

202 Introduction to Economic Analysis: Macroeconomics (4) Examines the aggregate activity of a market economy, the problems that arise, such as inflation and unemployment, and how government can use macroeconomic policy to address these problems. EC 201 strongly recommended. This course also available online.

Upper Division Courses

311 Intermediate Microeconomic Theory (4) Consumer and firm behavior, market structures. General equilibrium theory, welfare economics, collective choice, rules for evaluating economic policy. Prereq: EC 201, MATH 111. Students cannot receive credit for both EC 311 and FIN 311 and FIN 311H.

313 Intermediate Macroeconomic Theory (4) Determination of aggregate income, employment, and unemployment; evaluation of macroeconomic policies. Prereq: EC 202; EC 311 strongly recommended.

320 Introduction to Econometrics I (4) Application of classical statistical techniques of estimation, hypothesis testing, and regression to economic models. Includes laboratory section in Social Science Instructional Laboratory. Prereq: MATH 242, 243 or equivalents.

327 Introduction to Game Theory (4) Introductory course in game theory: Uses in-class game playing to develop and illustrate game-theoretic methods for making rational decisions. Prereq: One from EC 101, EC 201.

330 Urban and Regional Economics Problems (4) Why do cities exist? Why do firms cluster? How do cities grow? Why do land prices differ between the outskirts of a city and its center? Using applied economics, explore the answers to these questions, and then see them in real life with a bus tour of the city of Eugene. Prereq: EC 201.

333 Resource and Environmental Economic Issues (4) Economic analysis of replenishable and nonreplenishable natural resources; environmental issues and policies. Prereq: EC 201.

340 Issues in Public Economics (4) Principles and problems of government financing. Expenditures, revenues, debt, and financial administration. Production by government versus production by the private sector. Tax measures to control externalities. Prereq: EC 201.

350 Labor Market Issues (4) Topics may include the changing structure of employment, the minimum wage, the dual labor market hypothesis, collective bargaining, discrimination, and health and safety regulation. Prereq: EC 201.

360 Issues in Industrial Organization (4) Topics may include analysis of market power, trends in industrial structure, the role of advertising, pricing policies and inflation, impact of social regulation (e.g., OSHA, EPA), and international comparisons. Prereq: EC 201.

370 Money and Banking (4)
Operations of commercial banks, the Federal Reserve System, and the Treasury that affect the United States monetary system. Prereq: EC 202.

380 International Economic Issues (4) Exchange across international boundaries, theory of comparative advantage, balance of payments and adjustments, international financial movements, exchange rates and international financial institutions, trade restrictions and policy. Prereq: EC 201. This course also available online.

390 Problems and Issues in the Developing Economies (4)
Topics may include the role of central planning, capital formation, population growth, agriculture, health and education, interaction between economic and cultural change, and the “North-South debate.” Prereq: EC 201.

399 Special Studies: [Topic] (1-5R)

401 Research: [Topic] (1-21R)

404 Internship (1-4R) R for a maximum of 4 credits.

405 Reading and Conference: [Topic] (1-21R)

407/507 Seminar: [Topic] (1-5R) Yearly offerings vary depending on interests and needs of students and on availability of faculty members.

408/508 Workshop: [Topic] (1-21R)

410/510 Experimental Course: [Topic] (1-5R)

411/511 Advanced Microeconomic Theory (4) Advanced theory of consumer and firm behavior, market structures. Prereq: one from MATH 253, MATH 263.

413/513 Advanced Macroeconomic Theory (4)
Advanced theory about the determination of aggregate income, employment, unemployment; evaluation of macroeconomic policies. Prereq: one from MATH 253, Math 263.

418, 419 Economic Analysis of Community Issues I, II (2,4) Hands-on experience applying economic analysis and econometrics to problems that face local community nonprofits and governmental agencies. Sequence. Prereq: EC 311; EC 313; one from EC 320, EC 423.

421 Introduction to Econometrics II(4) Analysis of departures from classical regression assumptions, corrections, and other related topics. Includes laboratory section in Social Science Instructional Laboratory. Prereq: one from EC 320, EC 423.

422/522 Economic Forecasting (4) Basic techniques of economic forecasting that are typically used in a business environment. Prereq: one from EC 320, EC 423; coreq: one from EC 421, EC 424.

423/523, 424/524, 425/525 Econometrics (4,4,4) Regression problems of autocorrelation, heteroskedasticity, multicollinearity, and lagged dependent variables; special single-equation estimating techniques; the identification problem in a simultaneous equation setting; development of simultaneous equation estimating procedures; the properties of these estimators; applications of these procedures to the problem of obtaining estimates of structural parameters in economic models containing many equations. Prereq for EC 423/523: MATH 281, Math 341; MATH 282 and Math 461 strongly recommended. Prereq for EC 424/524: one from EC 423, EC 523. Prereq for 425/525: one from EC 424, EC 524.

427/527 Games and Decisions (4) Game-theoretic methods of decision-making. Topics may include extensive-form games, noncredible threats, subgame perfect equilibrium, strategic-form games, undominated strategies, Nash equilibrium, coalitional games, and the core. Prereq: EC 311; one from EC 320, EC 423.

428/528 Behavioral and Experimental Economics (4) Investigates the “rational choice” model and behavioral alternatives, using laboratory experiments. Topics may include altruism, auctions, bargaining, behavioral finance, hyperbolic discounting, and decision-making under uncertainty. Prereq: EC 311; one from EC 320, EC 423.

430/530 Urban and Regional Economics (4)
Location theory; urbanization and metropolitan growth; regional analysis; intraurban rent, location and land use, size distribution of urban areas; welfare economics, political economy, and urban problems. Prereq: EC 311; one from EC 320, EC 423. Course description.

432/532 Economy of the Pacific Northwest (4) Locational factors influencing development of the region’s major industries; recent changes in income and population; problems and governmental policies in the areas of taxation, environment, and planning. Prereq: EC 311; one from EC 320, EC 423.

433/533 Resource and Environmental Economics (4) Appropriate time pattern of harvest for a replenishable resource and appropriate rate of exhaustion of a nonreplenishable resource. Issues in natural resource and environmental policies. Prereq: EC 311; one from EC 320, EC 423.

440/540 Public Economics (4) Theory of public goods and their optimal provision. Collective choice versus private choice and implications for resource allocation and efficiency.

443/543 Health Economics (4) Includes moral hazard and adverse selection; incentives faced by health care providers through reimbursement, managed care, and malpractice; rationale for government intervention in the health care sector. Prereq: EC 311; one from EC 320, EC 423.

450/550 Labor Economics (4) Supply and demand for labor, wage determination under various market structures, minimum wage and work exploitation, Human capital investments, labor market signaling and sorting, discrimination, hedonic analysis of risk, uncertainty, and job matching. Prereq: EC 311; one from EC 320, EC 423.

451/551 Issue in Labor Economics (4) Topics may include the determination of wages, employment, and unemployment; globalization and immigration; income inequality; internal labor markets; the role of unions; human capital, education, and schools. Prereq: EC 311; one from EC 320, EC 423.

460/560 Theories of Industrial Organization (4) Theories, quantitative measures, and institutional descriptions of the structure, conduct, and results that characterize American industry. Emphasis is on the determinants and consequences of market power. Prereq: EC 311; one from EC 320, EC 423.

461/561 Industrial Organization and Public Policy (4) Major policy instruments that have been developed to cope with social problems created by market power. The two principal instruments are antitrust and income policies. Prereq: EC 311; one from EC 320, EC 423.

462/562 Economics of Transportation (4) Examines economic transportation issues and models, including regulation, demand-cost modeling, productivity analysis, random utility and choice modeling, and spatial economics. Prereq: EC 311; one from EC 320, EC 423.

470/570 Monetary Policy (4) Federal Reserve System strategies and methods of monetary and credit control. Effects of federal policies on prices, output, and employment. Prereq: EC 313; one from EC 320, EC 423.

471/571 Monetary Theory (4)
 Money creation, deficit finance, and taxation in monetary economies. Topics may include the government budget constraint, causes and consequences of inflation, Richardian equivalence, and seigniorage. Prereq: EC 311, 313; one from EC 320, EC 423.

480/580 International Finance (4) Foreign exchange markets, interaction between spot and forward markets, speculation and interest arbitrage, balance-of-payments accounting, measures of deficits and surpluses, “open-economy” macroeconomic issues. Prereq: EC 311, 313; one from EC 320, EC 423.

481/581 International Trade (4) Theories of international trade, direction of trade flows, determination of prices and volumes in international trade, tariffs, quotas, customs, unions, free versus restricted trade. Prereq: EC 311, 313; one from EC 320, EC 423.

484/584 Multinational Corporations (4) Economist’s perspective on multinational corporations. Explores the policies governments use to influence corporate behavior and patterns of investment; taxation as a tool for implementing public policy. Prereq: EC 311; one from EC 320, EC 423.

490/590 Economic Growth and Development (4) Experience of developed countries and theories of development. Analysis of specific development programs, role of agriculture, sources of investment, techniques and strategies of investment planning. Prereq: EC 311, 313; one from EC 320, EC 423.

491/591 Issues in Economic Growth and Development (4) Economic issues in developing countries, including use of central planning or markets, capital formation, agriculture, population growth, health and education systems, and the “North-South debate.” Prereq: EC 311, 313; one from EC 320, EC 423.

493/593 The Evolution of Economic Ideas (4) Economic thought from the ancient world to the 20th century. Major schools of economic thought and their relationship to other social ideas of their times. Prereq: EC 311, 313; one from EC 320, EC 423.