C050. Introduction to the Economy (3 s.h.) F S. Core: IN.

Discussion of what economics is all about. Provides an overview of how a market economy operates, what it does well, what it may not do so well, and what could be done instead. The concepts of economic analysis are developed and applied to discussing some of the current economic problems the world is facing.

Note: This course is designated for students who are not Business or Economics majors. Students planning to take 0200-level economics courses may have to take Economics C051 or C052 in addition to Economics C050. Look at prerequisites for a particular course to see if C051 or C052 is specified.

C051/H091. Macroeconomic Principles (3 s.h.) F S. Core: IN.

Prerequisite: Knowledge of elementary algebra required.

An introductory course in macroeconomics. Topics include business cycles, inflation, unemployment, banking, monetary and fiscal policy, international economics, and economic growth.

Note: Economics C051 and C052 may be taken in any order.

C052/H092. Microeconomic Principles (3 s.h.) F S SS. Core: IN.

Prerequisite: Knowledge of elementary algebra required.

An introductory course in microeconomics. Topics include the market system, supply and demand, cost, competition, monopoly, oligopoly, factor markets, and public goods.

Note: Economics C051 and C052 may be taken in any order.

0054. Economic Principles for Education Majors (3 s.h.) S.

A one-semester introductory course in both macro- and microeconomics for education majors. Topics include: scarcity, the market system, supply and demand, competition, business cycles, inflation, unemployment, international economics, and government policy. Methods for teaching economics to primary and secondary students will also be covered.

Note: Not to be taken for credit by Fox School of Business and Management students.

C055. Global Economics Issues (3 s.h.) F S SS. Core: IS.

Examines the global context in which the United States economy functions. Basic economic concepts are used to study economic growth, persistence of underdevelopment, differing economic systems, and the interdependence of nations in the world economy. Special topics that may be investigated include the debt crisis, protectionism, the role of multinational corporations, and the gap between rich and poor nations. May not be taken as a substitute for Economics C051, C052, C053, H091, or H092.

R065. The Economics of Diversity (3 s.h.) Core: RS.

This course examines the roles that race, gender, and ethnicity play in influencing the distribution of material goods and services through the process of competition and where competition is absent.

0140. Economics of Crime (3 s.h.)

Prerequisite: Junior or Senior standing (does not satisfy any upper-level economics requirement for FSBM students).

This course examines the economic issues of crime and crime control. Topics include: economic costs of crime, rational choice model of criminal choice, cost-benefit analysis of allocating criminal justice resources to control criminal behavior (including discussion of privatization of the criminal justice system), and analysis of the market structure implications of criminal activity.

0201. Intermediate Microeconomic Analysis (3 s.h.) F S SS.

Prerequisite: Economics C051 and C052; or permission of instructor.

An intermediate treatment of microeconomic theory and applications. Topics include consumer behavior, production, costs, perfect competition, imperfect competition, factor markets, public goods, and market failure.

Note: This theory course is designed for economics, finance, and actuarial science majors with analytic skills.

0202. Intermediate Macroeconomic Analysis (3 s.h.) F S SS.

Prerequisite: Economics C051 and C052; or permission of instructor..

An intermediate treatment of macroeconomic theory and policy. Following a discussion of the important macroeconomic sectors, static and dynamic macroeconomic models are developed. Unemployment, inflation, business cycles, monetary and fiscal policy, economic growth, and the balance of payments are then analyzed using these models.

Note: This theory course is designed for economics, finance, and actuarial science majors with analytic skills.

0203. Economics of Risk and Uncertainty (3 s.h.) F S.

Prerequisite: Economics C052 or H092, Statistics C011, C021, and 0022.

This course introduces students to the issues of risk and uncertainty that have become a standard part of microeconomic analysis and applied economics: expected utility theory and its criticism, applications of expected utility theory and economic and game-theoretic equilibrium analysis to insurance economics, incentives (moral hazard and adverse selection), and economic organization (theory of contracts).

0217. History of Economic Theory (3 s.h.)

Prerequisite: Economics C051 and C052; or permission of instructor.

The development of economic analysis from the pre-classical period to the neo-classical tradition that dominates contemporary mainstream economic thinking, emphasis on the work of Adam Smith, Malthus, Ricardo, the Marginalists, Marx, and Marshall.

0220. Economics of Development and Growth (3 s.h.) F.

Prerequisite: Economics C051 and C052; or permission of instructor..

An overview of the forces that influence economic development and growth. Topics include alternative theories of development, empirical studies of the development process, and the role of non-economic factors in helping or hindering economic progress.

0241. Introduction to Econometrics (3 s.h.) F S.

Prerequisite: Economics C051 and C052; or permission of instructor and.

Introduction to the theory and practice of econometrics. Topics include a review of basic statistics, simple regression, multiple regression, dummy variables, autocorrelation, heteroscedasticity, and model specification. Applications in economics are stressed. Problem sets, computer estimation of economic relationships, and a data analysis paper are required.

0244. The Economics and Management of Privatization (3 s.h.) F S.

Prerequisite: Economics C052 or H092..

This course introduces students to the new trend of shifting delivery of services and responsibilities from governments and non-profit organizations to the private sector. It includes North American and international experiences. This course provides public economics theoretical models, as well as description and evaluation of experiences in the fields of justice, transportation, education, health, and welfare. The course will further suggest models of the privatization process.

0245. Monetary Theory and Policy (3 s.h.)

Prerequisite: Finance 0101, Economics 0202, or permission of instructor..

Examines the role of money in open and closed economies. Topics include money demand and supply, the role of money in equilibrium macroeconomic models, and monetary policy.

0246. Public Finance (3 s.h.)

Prerequisite: Economics C051 and C052; or permission of instructor.

An overview of the economics of the public sector. Topics include the theories of public goods and optimal (efficient and equitable) taxation, public expenditures, revenues, and tax incidence.

0248. Economics of State and Local Governments (3 s.h.)

Prerequisite: Economics C051 and C052; or permission of instructor.

Economic problems confronting state and local governments. Topics include intergovernmental relationships, the response of state and local governments to problems of urbanization, and the impact of state and local taxes and expenditures.

0250. International Trade (3 s.h.) F S SS.

Prerequisite: Economics C051 and C052; or permission of instructor.

An examination of the basic theories of international trade, commercial policy, and factor movements. Topics may include the relation between trade and economic growth, global aspects of U.S. trade policy, international trade agreements, and protectionism.

0251. International Monetary Economics (3 s.h.) F S SS.

Prerequisite: Economics C051 and C052; or permission of instructor.

The analysis of the balance of payments and foreign currency markets. Topics include the international payments system, foreign investment and debt, and exchange rate regimes.

0255/W255. Energy, Ecology, and Economy (3 s.h.) F S. Core: W255:WI.

Prerequisite: Economics C051 and C052; or permission of instructor.

After surveying the elements of energy and ecology, and reviewing the basics of economics, this course investigates the interaction of the three. Each of the major nonrenewable and renewable energy sources is examined in light of its "eco-feasibility." The potential of energy conservation is examined, and the need for energy/environmental/economic (3-E) policy is debated. Some speculations about future 3-E scenarios are offered, as the U.S. and the rest of the world face their energy, ecological, and economic problems.

0262/W262. Health Economics (3 s.h.) F S. Core: W262:WI.

Prerequisite: Economics C052 or C053.

Problems of efficient production and the equitable distribution of health-related services. Policy-oriented material with comprehensive review of standard microeconomic theory in the context of supplier-dependent consumer decisions, third-party payers, and not-for-profit producers.

0265. The Economics of Sports (3 s.h.) F.

Prerequisite: Economics C051 and C052 or Economics C050.

This course introduces students to a variety of economic disciplines through the prism of professional and amateur sports. Students confront industrial organization and anti-trust issues involving sports leagues, public finance issues involving the relationship between cities and franchises, and labor issues involving reward systems, unions and discrimination. The course concludes with an analysis of collegiate sports and the NCAA.

0266. Economics of the Arts and Culture (3 s.h.) S.

Prerequisite: Economics C052 or H092.

This course provides an overview of the microeconomic issues faced by the cultural sector of society. The fine arts, performing arts, book publishing, and film industries receive specific attention. At the end of the course, the successful student will have acquired a sense of how art and culture fit in the economy, what are the basic economic issues faced by artists, and how the perceived value of art and culture affects public support for the arts.

0267. Law and Economics (3 s.h.)

Prerequisite: Economics C052 or equivalent.

This course provides an introduction to the economic analysis of law. The course employs microeconomics to develop a behavioral model of response to legal rules. Topics covered include the common laws of property, contract, and tort as well as an extended discussion of intellectual property.

0270. Economics of Labor Markets (3 s.h.) F S.

Prerequisite: Economics C051 and C052; or permission of instructor.

Examines the nature of labor market equilibrium. Topics include fertility and migration, the allocation of time and occupational choice, human capital, and discrimination.

0272. Women in the Economy (3 s.h.) F S SS.

Prerequisite: Economics C051 and C052; or permission of instructor.

Cross Listed with Women's Studies 0277; credit is not given for both.

A course in labor economics with specific application to women in paid and unpaid employment. The course explores alternative economic theories of the labor market and economic approaches to discrimination as well as historic changes in the nature of unpaid and paid work. These theories are then applied to the economic situation of women in the U.S. and other societies.

0279. Public Control of Business: Antitrust (3 s.h.) S.

Prerequisite: Economics C051 and C052; or permission of instructor.

An overview of U.S. antitrust policy as applied to monopoly, mergers, price discrimination, tying agreements, and patents. Includes analysis of antitrust issues in law, medicine, and professional sports. The relative merits of government ownership, regulation, and antitrust policy are examined.

0281. Government Regulation of Business (3 s.h.)

Prerequisite: Economics C051 and C052; or permission of instructor.

An introductory course dealing with the underlying economic principles of all modes of transportation, public utilities, and regulated industry; public utility concepts in common and statute law, rate bases and rates of return, and policy considerations are developed in the framework of development, service, and regulatory practices.

0282. Economics of American Industry (3 s.h.) F.

Prerequisite: Economics C051 and C052; or permission of instructor.

Examines the competitive and monopolistic features of American industry and their effect on product prices and quality, the distribution of income, the rate of technological progress, and, among others, the efficient utilization of scarce resources, and economic rationale for the antitrust laws.

0283. Computer-Based Modeling (3 s.h.) F S.

Prerequisite: Economics C051 and C052; or permission of instructor.

Students access a variety of economic models established on the University computing system. The models are used in problem-solving to reinforce economic concepts and to gain experience in the conduct of applied economics. Evaluating the consequences of government policies using cost/benefit analysis is emphasized.

Note: No prior experience with computers or computer programming is required.

0286. Economics of Organizations (3 s.h.) F S.

Prerequisite: Economics C052 and H092, Statistics C012, and HRA 0083.

This course provides an introduction to the economic determinants of both organizational structure and the behavior by self-interested economic agents in those organizations. Topics covered include coordination and motivation, executive and managerial compensation, internal labor markets, incentive contracts, and organizational reactions to change. Case analysis forms an integral part of the course.

0287. Managerial Economics (3 s.h.) F S.

Prerequisite: Economics C051 and C052; or permission of instructor.

The application of microeconomic principles to business planning and decision- making. Topics include demand estimation, cost analysis, and production planning.

0288. Co-op Experience in Economics (3 - 6 s.h.) F S SS.

Prerequisite: Economics C051 and C052; or permission of instructor.

Students undertake a research project that integrates their current work experience with their classroom experience at Temple University. The results are reported in a 10-20-page paper prepared under the supervision of a faculty member.

Note: Arrangements are made through the Office of Cooperative Education.

0290. Topics in Economics Honors (3 s.h.)

Prerequisite: Economics C051 and C052; or permission of instructor.

Treatment of a particular topic in economics at the Honors level.

Note: Topic varies from semester to semester. Honors courses usually require extra reading and a paper.

W302. Economics Writing Seminar (3 s.h.) F S. Core: WI.

Prerequisite: Economics 0201 and 0202.

This course fulfills the advanced writing requirement for economics majors in the College of Liberal Arts and the Fox School of Business and Management. Students are expected to demonstrate through a series of writing assignments that they can use the economic techniques learned in previous courses to analyze current economic policy issues.

0394. Special Topics (3 s.h.)

Prerequisite: Economics C051 and C052; or permission of instructor.

Special topics in current developments in the field of economics.

0395-0396. Independent Study (1 - 6 s.h.) F S.

Prerequisite: Consultation with a faculty member and approval of department chairperson.

Directed reading and/or writing assignments under supervision of a faculty member.