Department of Economics

Economics: ECO

Lower-Division Courses

302. Introduction to Macroeconomics.

Analysis of the economy as a whole (its organization and the basic forces influencing its growth and development); money and banking, national income, public finance, and international linkages. Prerequisite: Economics 303.

303. Introduction to Microeconomics.

Analysis of the economic behavior of individual consumers, firms, and workers; special attention to the role of markets.

119S, 219S, 319S, 419S, 519S, 619S, 719S, 819S, 919S. Topics in Economics.

This course is used to record credit the student earns while enrolled at another institution in a program administered by the University's Study Abroad Office. Credit is recorded as assigned by the study abroad adviser in the Department of Economics. University credit is awarded for work in an exchange program; it may be counted as coursework taken in residence. Transfer credit is awarded for work in an affiliated studies program. May be repeated for credit when the topics vary.

Upper-Division Courses

320K. Microeconomic Theory.

A survey of neoclassical and contemporary theories of the principal determinants of prices and of the role of prices in economic organization. Required of students majoring in economics. Prerequisite: Economics 302 and 303, or the equivalent, with a grade of at least C in each; and Mathematics 403L or the equivalent.

320L. Macroeconomic Theory.

Theory of the determination of national income, employment, and the price level, with policy implications. Required of students majoring in economics. Prerequisite: Economics 302 and 303, or the equivalent, with a grade of at least C in each; Economics 320K or consent of instructor; and Mathematics 403L or the equivalent.

320M. Managerial Economics.

Recommended for noneconomics majors. Application of microeconomic concepts to practical problems in decision making, both in business and in the public sector. May not be counted toward the Bachelor of Arts, Plan I, degree with a major in economics. Prerequisite: Economics 302 and 303 and Mathematics 403L.

321. Public Finance.

Study of appropriate allocations of economic activity between government (federal, state, and local) and the private sector. The workings of social security, welfare, education, pollution control, deregulation, taxation; and proposals for reform. Prerequisite: Economics 320K and three additional semester hours of social science, or consent of instructor.

322. Money and Banking.

The role of money and depository institutions in the economy; introduction to financial and monetary theory and policy. Only one of the following may be counted: Economics 322, Finance 354, 354H. Prerequisite: Economics 320L and three additional semester hours of social science, or consent of instructor.

323K. Economic History of the United States.

Study of American economic development, commencing with the colonial period and emphasizing more recent periods; causal factors, emerging problems, and major policy issues. Prerequisite: Upper-division standing; and Economics 302 and 303, or the equivalent, with a grade of at least C in each.

324. Introduction to Labor Economics.

Study of labor in industrial societies, with emphasis on principles, institutions, and policies for understanding labor and personnel problems. Prerequisite: Economics 320K and three additional semester hours of social science, or consent of instructor.

327. Comparative Economic Systems.

Theories of and practices in the principal types of economic systems. Prerequisite: Economics 302 and 303, or the equivalent, with a grade of at least C in each, and six additional semester hours of social science.

328. Industrial Organization.

The organization of industries and markets: competition, monopoly, and oligopoly; antitrust policy and its alternatives. Prerequisite: Economics 320K and three additional semester hours of social science, or consent of instructor.

329. Economic Statistics.

Methods of statistical analysis and interpretation of quantitative data in the field of economics. Three lecture hours and one hour of microcomputer laboratory work a week for one semester. Only one of the following may be counted: Economics 329, Statistics 309, 309H. Required of economics majors. Prerequisite: Economics 302 and 303, or the equivalent, with a grade of at least C in each; six additional semester hours of social science; and Mathematics 403L or the equivalent.

129S, 229S, 329S, 429S, 529S, 629S, 729S, 829S, 929S. Topics in Economics.

This course is used to record credit the student earns while enrolled at another institution in a program administered by the University's Study Abroad Office. Credit is recorded as assigned by the study abroad adviser in the Department of Economics. University credit is awarded for work in an exchange program; it may be counted as coursework taken in residence. Transfer credit is awarded for work in an affiliated studies program. May be repeated for credit when the topics vary.

330K. Energy and Resources.

The economics of energy and other natural resources; United States and world supply, cost, demand, conservation, renewal, substitution, and economic growth; national and international resource markets and policy. Prerequisite: Economics 302 and 303, or the equivalent, with a grade of at least C in each, and six additional semester hours of social science.

333K. Development Economics.

Introduction to theories of economic development; discussion of leading issues. Prerequisite: Economics 302 and 303, or the equivalent, with a grade of at least C in each, and six additional semester hours of social science.

334K. Urban Economics.

Economic analysis of urban areas; emphasis on the nature of current urban problems--slums, transportation, finance--and an evaluation of current policy. Prerequisite: Economics 320K or the equivalent or consent of instructor.

334L. Regional Economics.

Spatial aspects of economics, including concepts, theories, and policy applications. Economics 334L and 350K (Topic: Regional Economics) may not both be counted. Prerequisite: Economics 302 and 303, or the equivalent, with a grade of at least C in each, and six additional semester hours of social science; or consent of instructor.

339K. International Economics.

International trade theory, balance of payments, commodity trade, international finance and foreign exchange rates, foreign investments. Economics 339K and International Business 350 may not both be counted. Prerequisite: Economics 320K and three additional semester hours of social science, or consent of instructor.

341K. Introduction to Econometrics.

Introduces the student to standard regression procedures of parameter estimation and hypothesis testing in economics. Prerequisite: Economics 329 or the equivalent. Mathematics 408C and 408D, or the equivalent, are recommended.

346K. Russian Economic Development since 1917.

Emphasis on the growth of the planned economy in industry, agriculture, and labor. Prerequisite: Economics 302 and 303, or the equivalent, with a grade of at least C in each, and six additional semester hours of social science; or consent of instructor.

350K. Selected Topics in Economics.

Topics may include problems in economic theory, applications, and economic policy. May be repeated for credit when the topics vary. Prerequisite: Economics 302 and 303, or the equivalent, with a grade of at least C in each, and six additional semester hours of social science; or consent of instructor.

Topic 1: Business Trends in the United States Economy. Economics 350K (Topic 1) and 350K (Topic: Economic Change and Creativity) may not both be counted.

Topic 3: Political Economy of International Crisis.

354K. Introductory Game Theory.

Introduction to the formal study of interdependent decision-making. Applications of game theory include pricing and advertising strategies, labor-management bargaining, and tariff negotiations. Economics 350K (Topic: Game Theory) and 354K may not both be counted. Prerequisite: Economics 320K and 329, and Mathematics 403L or 408D.

355. Development Problems and Policies in Latin America.

Same as Latin American Studies 355 (Topic 1: Development Problems and Policies in Latin America). Description of the Latin American economy; business and market organization; problem of growth (involving credit, public finance, trade, investment aspects). Prerequisite: Upper-division standing, and Economics 302 and 303, or the equivalent, with a grade of at least C in each; or consent of instructor.

357K. Marxist Economics.

An introduction to the Marxian economic theory of capitalism through the study of Karl Marx's Capital, volume I, and of its contemporary relevance. Economics 357K and Russian, East European, and Eurasian Studies 335 (Topic 1: Marxist Economics) may not both be counted. Prerequisite: Upper-division standing, and Economics 302 and 303, or the equivalent, with a grade of at least C in each; or consent of instructor.

359M. Environmental and Natural Resource Economics.

Optimal use of exhaustible and renewable resources, including fuels, minerals, fisheries, forests, and water; resource scarcity and economic growth; valuation of nonmarketed environmental amenities; the economics of pollution control instruments, including taxes, permits, direct regulation, and negotiation; environmental quality and international trade; the economics of global climate change; pollution control policy in practice. Economics 350K (Topic: Environmental and Natural Resource Economics) and 359M may not both be counted. Prerequisite: Upper-division standing, Economics 320K and 329, and Mathematics 403L or 408D.

360. Government Regulation of Industry.

Regulation of public utilities (electric power, gas, telecommunications); regulation of transportation, broadcasting, and financial institutions; occupational and product safety, consumer protection, environmental controls. Prerequisite: Upper-division standing, and Economics 302 and 303, or the equivalent, with a grade of at least C in each; or consent of instructor.

361. Studies in Public Finance.

Studies in the principal problem areas of governmental revenues and expenditures. May be repeated for credit when the topics vary. Prerequisite: Economics 302 and 303, or the equivalent, with a grade of at least C in each; Economics 321 or consent of instructor; and six semester hours of upper-division economics or government.

361N. Informational Society.

The social impact of the current technological changes in electronics, communications, and automation; focus on efficient institutions given the technological possibilities. Prerequisite: Upper-division standing, and Economics 302 and 303, or the equivalent, with a grade of at least C in each; or consent of instructor.

361R. Economics of Health Care.

Surveys major issues in health care from an economic perspective and illustrates how basic economic concepts can be applied to major issues in health care. Prerequisite: Upper-division standing; Economics 302 and 303, or the equivalent, with a grade of at least C in each; and six additional semester hours of social science.

362M. Mathematics for Economists.

Application of mathematics in economic analysis. Prerequisite: Economics 320K, and Mathematics 408D or the equivalent; or consent of instructor.

363C. Computational Economics.

Economics 362M (Topic: Computational Economics) and 363C may not both be counted. Prerequisite: Economics 320K and Mathematics 408D or the equivalent; or consent of instructor.

367R. Monetary Economics.

Major issues in the monetary field. Economics 367 and 367R may not both be counted. Prerequisite: Economics 320K and 320L, Economics 322 or the equivalent, or consent of instructor.

368. Survey of the History of Economic Thought.

Prerequisite: Economics 302 and 303, or the equivalent, with a grade of at least C in each.

372M. Studies in Development Economics.

Introduction to an analysis of the structure, functioning, and problems of underdeveloped economies. May be repeated for credit when the topics vary. Prerequisite: Economics 302 and 303, or the equivalent, with a grade of at least C in each; and six semester hours of upper-division social science or consent of instructor.

Topic 1: Indian Economic Development. Same as Asian Studies 361 (Topic 7: Indian Economic Development). A variety of themes pertaining to India's attempt to achieve economic development.

Topic 2: Political Economy of Central America. Same as Latin American Studies 355 (Topic 2: Political Economy of Central America). Background of economic problems; analyses of theories of development and underdevelopment; the evolution of contemporary political problems and their relationship to economic development in Central America.

376M. Studies in Labor Economics.

May be repeated for credit when the topics vary. Prerequisite: Economics 302 and 303, or the equivalent, with a grade of at least C in each; Economics 324; and six semester hours of upper-division social science or consent of instructor.

378H. Honors Tutorial Course I.

Supervised individual reading, research, and writing of a substantial paper on a special topic in the field of economics. Prerequisite: Upper-division standing, admission to the Economics Honors Program, and consent of the honors adviser.

378M. Studies in Mineral Resources and Environmental Economics.

Studies of the nature and origin of mineral deposits; the economics of their exploitation and conservation; the economic aspects of environmental problems, with emphasis on policy formulation. May be repeated for credit when the topics vary. Prerequisite: Upper-division standing and Economics 320K; or consent of instructor.

379C. Individual Conference Course.

Supervised individual study of selected problems in economics. May be repeated for credit. May not be counted toward the twenty-four semester hours in economics required for the major in economics. Prerequisite: Upper-division standing and consent of instructor. Students should ordinarily have completed six semester hours of upper-division coursework in economics and coursework with supervising instructor.

379H. Honors Tutorial Course II.

Supervised individual reading, research and writing of a substantial paper on a special topic in the field of economics. Prerequisite: Economics 378H.

28 August 1996. Registrar's Web Team
Comments to rgcat@utxdp.dp.utexas.edu