Department of Economics
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ECON 314: Econometrics (Fall 2011) Description: The goal of the course is to learn how to answer questions with data. Specifically, the course introduces how to model a relationship, analyze data, spot statistical problems, and draw conclusions from the results. The course culminates with a research project. Prerequisites: ECON 255 (Microeconomic Theory) and ECON 249 (Statistics). Knowledge of differential calculus and solving systems of equations is necessary. ECON 249: Statistics (Fall 2011) Description: This course introduces statistics. Topics include describing data (means, standard deviations, etc.), probability theory, random variables (discrete and continuous), probability and cummulative distribution/density functions, sampling, the Central Limit Theorem, hypothesis testing, and the basics of least squares estimation. Prerequisites: Economics 111 (Principles of Macroeconomics) or Economics 112 (Principles of Microeconomics). Knowledge of elementary algebra and simple graphing techniques will be necessary. Description: This course connects the theoretical predictions of market structures (e.g., monopoly, oligopoly, perfect competition) and market characteristics (e.g., product differentiation, information) to the real world. Special emphasis is given to anti-trust legislation. Topics include collusion, mergers, predatory pricing, vertical constraints, and price discrimination. Prerequisites: ECON 255 (Microeconomic Theory). Knowledge of differential calculus and solving systems of equations is necessary. Textbook 1: Pepall, Lynne, Richards, Dan, and George Norman, Contemporary Industrial Organization: A Quantitative Approach, Wiley Publishing, ISBN 978-0-470-59180-2. Note there is another book written by the same authors and has a similar title. You want this one: Textbook 2: Breit, W. and K. Elzinga. The Antitrust Casebook: Milestones in Economic Regulation, 3rd edition, Dryden, ISBN 978-0-030-16319-7 (2nd edition is also fine). MUSC 199: The Business of Music (Spring 2012) Description: Explores the world of music business from both a contemporary and historical perspective. Examine the economic structure that surrounds the core relationship between the artist and the fan. Topics include copyright, music publishing, recording contracts, music production, marketing, royalties, and concert promotion. Prerequisites: None. Textbook: TBA |
