IIECON 310 GAME THEORY
An introduction to game theory and strategic interactions with cases drawn from economics, business, politics, sociology, psychology, international studies, and sports. Topics include prisoner’s dilemma, Nash equilibrium, backward induction, signaling, mixed strategies, cooperative and noncooperative games, bargaining, conventions, “the tragedy of commons,” evolutionary game theory, and behavioral critiques of rationality. Prerequisite: 24 credits in ISP, including ITW 101 and IQL 101. Fall.

ISECON 100 FUNDAMENTALS OF ECONOMICS
An introduction to economic terminology, concepts, and theories with examples drawn from microeconomics, macroeconomics, and topics across the social sciences. Course concepts examined in a social and/or political context as appropriate. Fall, Spring.

ISECON 360 HISTORY OF ECONOMIC THOUGHT
Examines the philosophical debates that underlie modern economic models through texts by Adam Smith, Karl Marx, and John Maynard Keynes. Topics such as the relationship between competition and justice, prices and ethics, and free markets vs. government regulation will be explored. Prerequisite: One Integrative Studies course from ISECON, ISPOSC, IHHIST, or IHPHIL. Spring.

ECON 250 ECONOMIC ANALYSIS
Development and application of quantitative tools and graphical analysis to microeconomic and macroeconomic phenomena. Provides foundation for advanced study in economics and management. Prerequisite: ISECON 100. Fall, Spring.

ECON 290 SPECIAL TOPICS
Economics survey course for nonmajors. Includes topics not covered in other listed courses, including current and historical economic issues. This course may not be used to satisfy requirements for the minor in Economics. May be repeated as topics change.

ECON 298 INDEPENDENT STUDY
1-8 credits
An opportunity for a qualified student to explore work in an area of individual interest, selected and pursued in consultation with a faculty member. Consent is required of the instructor who will supervise the independent study. May be repeated for a total of 8 credits.

ECON 325 ECONOMICS OF DISCRIMINATION
Uses economic models to explore topics such as growing wage inequality, changing demand for children, occupational segregation by gender, economic assumptions behind affirmative action, and demand and supply of immigrant labor. Prerequisite: ISECON 100. Fall.

ECON 330 LAW & ECONOMICS
An exploration of the economic analysis of law and an examination of the economic implications of legal institutions. Applies economic theory to topics in property law, contract law, and tort law. Prerequisite: ISECON 100. Spring, even years.

ECON 340 ENVIRONMENTAL ECONOMICS
Detailed evaluation of policy alternatives for environmental protection with regard to other economic goals. Prerequisite: ISECON 100. Fall.

ECON 361 ECONOMICS OF PUBLIC POLICY
Topics include the basic problems underlying public revenues and public expenditures, budgetary theory and procedures, tax theory and reform, debt management policy, fiscal policy at both federal and state levels. Prerequisites: ISECON 100. Spring.

ECON 370 ECONOMICS OF DEVELOPING COUNTRIES
Introduces economic theories, including dependency, structuralism, and neo-liberalism, and applies them to topics such as World Bank and IMF loans, NAFTA, oil dependency, growth of manufacturing in India and China, and environmental implications. Prerequisite: ISECON 100. Spring, odd years.

ECON 401 ADVANCED MICROECONOMICS
Concentrates on market models, income distribution, and general equilibrium. Prerequisites: ISECON 100 and ECON 250. Spring.

ECON 402 ADVANCED MACROECONOMICS
Topics include concepts and measurement of national income and expenditures, employment, interest rates, and price levels; alternative approaches to national income determination and economic growth; monetary and fiscal policy. Prerequisites: ISECON 100 and ECON 250. Fall.

ECON 410 FINANCIAL ECONOMICS
Examines monetary and financial instruments (options, futures and stocks), institutions, and markets from the perspectives of macroeconomic theory, practice, and policy. Explores the history of the monetary system, and its evolution into modern-day banking and finance. Prerequisites: ISECON 100 and 250. Fall.

ECON 420 ECONOMETRICS
The theory of economic model building, both determinate and stochastic, together with the essential analytical methods. Where possible, these models are used to analyze current real-world economic conditions. Prerequisites: ISECON 100, ECON 250, and statistics competency. Spring, alternating years.

ECON 440 INDUSTRIAL ORGANIZATION
Addresses questions of imperfect competition, the effect of market structure on behavior of firms, concentration and monopoly power, cartel formation, anticompetitive practices, and antitrust issues. The course uses game theory to analyze strategic behavior of firms with a focus on case studies from industries in the U.S. economy. Prerequisites: ECON 250. Spring, odd years.

ECON 455 U.S. ECONOMIC HISTORY
The development of the U.S. economy from its colonial origins to modern times, including the slave system, ties with Europe, and the subsequent development of industry, banking, and commerce. Prerequisites: ISECON 100 and ECON 250 and statistics competency. Spring, alternating years.

ECON 470 INTERNATIONAL TRADE & FINANCE
Applies advanced macroeconomic theory to global trade and finance through theory of comparative advantage, balance of payments accounts, determination of fixed and flexible exchange rates, and theories of currency crises. Prerequisites: ISECON 100, ISECON 250, and 402. Fall.

ECON 490 ADVANCED SPECIAL TOPICS
Topics not covered in other listed courses; for example, current and historical economic issues, student group research projects, and student- and faculty-initiated topics Prerequisites: ISECON 100, ISECON 250, and permission of instructor.

ECON 491 RESEARCH PROJECT
A term project, scheduled for fall semester of senior year, involving original research of a subject approved by the Economics faculty. Prerequisites: ISECON 100, ECON 250, ECON 401, and ECON 402. Fall.

ECON 498 INDEPENDENT STUDY
1-8 credits
Individual research on selected topics in economics under direction of a faculty member. Prerequisites: ISECON 100 and ECON 250 and permission of instructor. May be repeated for a total of 8 credits.