ECO - Economics

Department of Economics, Walker College of Business

Graduate Courses in Economics (ECO)

John Whitehead, Department Chair

ECO 5150. Business Economics (3).F. Intensive study of economic decision techniques for management. Topics include estimation of demand and cost function, analysis of economic forecasts and business cycles, analysis of price and non-price competition, allocation and distributional effects of regulation, taxation, and fiscal and monetary policy, cost-benefit and cost effectiveness analyses for the not-for-profit sector. Primary emphasis will be placed on the understanding and application, rather than the theoretical and computational aspects, of these techniques. Prerequisite: admission to the MBA Program or permission approved by the Assistant Dean for Graduate and International Programs in the Walker College of Business.

ECO 5500. Independent Study (1-4).F;S.

ECO 5530-5549. Selected Topics (1-4).F;S.

ECO 5621. Environmental Economics and Policy (3).S. Analysis of the interrelationships among economic activity, government policies, and the environment; the benefits and costs of economic growth; the economics of environmental quality; the social costs of pollution; and the intertemporal allocation of natural resources. Prerequisite: ECO 2030 (Principles of Microeconomics) or ECO 2620 (Environmental and Resource Economics). [Dual-listed with ECO 4621.]

ECO 5640. International Macroeconomics (3).On Demand. This course aims to provide a basic knowledge of how international financial markets work. It is a combination of lectures and discussions covering theory and real-world policies, events, and evidence. The course can be broadly divided into three parts – foreign exchange markets, international financial transactions, and economic policies. The first part focuses on exchange rate behavior, foreign exchange rate markets, and the determinants of the exchange rates. The second part of the course studies international financial transactions in a global macroeconomy. The goal of the last part of the course is to understand how the choices governments make about monetary and fiscal policies, or about exchange rate regime and capital mobility, affect economic outcomes, and why crises occur. Prerequisites: ECO 2040 (Principles of Macroeconomics). [Dual-listed with ECO 4640.]

ECO 5660. Benefit-Cost Analysis (3).F. The study of the evaluation of competing public policy alternatives. The purpose of benefit-cost analysis is to inform government decision-making and facilitate the more efficient allocation of scarce resources. This course introduces the basic theory and principles of benefit-cost analysis and examines applications of the methodology. Prerequisite: ECO 2030 (Principles of Economics - Price Theory). [Dual-listed with ECO 4660].

ECO 5740. Forecasting and Time Series Models (3).On Demand. An examination of time series models for purposes of forecasting and performing time series regressions in economics, business, and the social sciences. Topics covered may include ARIMA, VAR, Granger causality, unit roots, spurious regressions, ARCH, and GARCH. Computer software will be utilized in applications. Prerequisite: ECO 2200 (Business and Economic Statistics II) or permission of the instructor. [Dual-listed with ECO 4740.]

ECO 5989. Graduate Research (1-9).F;S. This course is designed to provide access to University facilities for continuing graduate research at the master's and specialist's levels. Graded on an S/U basis. ECO 5989 does not count toward a degree.