Courses - Winter 2025
The Department of Economics enforces course prerequisites. Students who do not meet the course prerequisites will be administratively dropped from the course.
ECON200
Principles of Microeconomics
Prerequisite: MATH107 or MATH110; or must have math eligibility of MATH113 or higher.
Additional information: It is recommended that students complete ECON200 before taking ECON201.
Introduces economic models used to analyze economic behavior by individuals and firms and consequent market outcomes. Applies conceptual analysis to several policy issues and surveys a variety of specific topics within the broad scope of microeconomics.
ECON201
Principles of Macroeconomics
Prerequisite: MATH107 or MATH110; or must have math eligibility of MATH113 or higher.
Recommended: ECON200.
Credit only granted for: ECON201 or ECON205.
An introduction to how market economies behave at the aggregate level. The determination of national income/output and the problems of unemployment inflation, will be examined, along with monetary and fiscal policy.
ECON305
Intermediate Macroeconomic Theory and Policy
Credits:
4
Grad Meth:
Reg, P-F
Prerequisite: Minimum grade of C- in ECON200 and ECON201; and 1 course with a minimum grade of C- from (MATH120, MATH130, MATH136, MATH140).
Credit only granted for: ECON305 or ECON325.
Analysis of the determination of national income, employment, and price levels. Discussion of consumption, investment, inflation, and government fiscal and monetary policy.
ECON306
Intermediate Microeconomic Theory & Policy
Credits:
4
Grad Meth:
Reg, P-F
Prerequisite: 1 course with a minimum grade of C- from (ECON200, AREC250); and minimum grade of C- in ECON201; and 1 course with a minimum grade of C- from (MATH120, MATH130, MATH136, MATH140).
Credit only granted for: ECON306, ECON326, AREC489M, or AREC326.
Analysis of the theories of consumer behavior, producer behavior, different market structures, and various sources of inefficient outcomes. Analysis of microeconomic policies designed to improve market outcomes.
ECON330
Money and Banking
Credits:
3
Grad Meth:
Reg, P-F, Aud
Prerequisite: Minimum grade of C- in ECON200 and ECON201.
The structure of financial institutions and their role in the provision of money and near money. Analysis of the Federal Reserve System, the techniques of central banks, and the control of supply of financial assets in stabilization policy. Relationship of money and credit to economic activity and the price level.
ECON414
Game Theory
Credits:
3
Grad Meth:
Reg, P-F, Aud
Prerequisite: 1 course with a minimum grade of C- from (ECON306, ECON326); and 1 course with a minimum grade of C- from (ECON230, BMGT230, ECON321, STAT401).
Restriction: Must be in one of the following programs (Economics Bachelor of Arts; Economics Bachelor of Science; Economics minor).
Credit only granted for: CMSC474, ECON414, GVPT399A or GVPT390.
Studies the competitive and cooperative behavior that results when several parties find that their individual outcomes are jointly determined. Students will learn how to use game theory to analyze situations of potential conflict. Applications are drawn from economics, business, and political science.
ECON418M
Economic Development of Selected Areas; Middle East
Credits:
3
Grad Meth:
Reg, P-F, Aud
Prerequisites: 1 course with a minimum grade of C- from (ECON305, ECON306, ECON325, ECON326) and 1 course with a minimum grade of C- from (ECON230, BMGT230, ECON321). Restriction: Must be in Economics Bachelor of Arts program.
Analyzes patterns of economic and institutional development in the Middle East; assesses the general trends in economic growth, investment, and institutional changes; and examines specific issues such as population and human development, economics and politics of oil and trade, the structure of state and its role in economic development, financial markets and Islamic banking, and business environment.
Analyzes patterns of economic and institutional development in the Middle East; assesses the general trends in economic growth, investment, and institutional changes; and examines specific issues such as population and human development, economics and politics of oil and trade, the structure of state and its role in economic development, financial markets and Islamic banking, and business environment.
ECON642
Topics in Applied Macroeconomics
Credits:
3
Grad Meth:
Reg, Aud
Restriction: Must be in M.Prof.Studies: Applied Economics program; or permission of BSOS-Economics department.
Focus is on applied macroeconomic models used by federal agencies to explain and predict economic behavior. Course emphasizes macroeconomic data: NIPA accounts, GDP, construction and application of CPI, labor force data and economic indicators. Students will also study a selected set of current macroeconomic topics including models of economic growth, economic fluctuations, monetary policy, inflation and financial markets.
ECON644
Empirical Analysis II: Introduction to Economic Models
Credits:
3
Grad Meth:
Reg, Aud
Prerequisite: ECON643.
An introduction to econometric methods with applications to public policy analysis. Primary focus on application and interpretation of multiple regression analysis.
ECON672
Program Analysis and Evaluation
Credits:
3
Grad Meth:
Reg, Aud
Prerequisite: ECON641 and ECON645.
Students study the tools used to evaluate the effectiveness of public policies. All evaluations have weaknesses, and some have more weaknesses than others. You will learn how to distinguish high from low quality evaluations. We will discuss the basic economics and econometrics of program evaluation, focusing on the application of methods used for causal inference and cost-benefit analyses in public policy contexts. We will examine published evaluation research with the intent of showing how the research does or does not lead to clear conclusions regarding program performance.
ECON675
Environmental Economics
Credits:
3
Grad Meth:
Reg, Aud
Prerequisite: ECON641; and must have completed or be concurrently enrolled in ECON644.
Application of microeconomics and econometrics to analysis of environmental regulation. Many examples based on US policies, but the methods are broadly applicable in other contexts.
ECON677
International Trade and Applications
Credits:
3
Grad Meth:
Reg, Aud
Prerequisite: ECON641 and ECON644.
Restriction: Must be in MS Applied Economics program; or with permission from the program director.
A mix of theory and empirical work. Students will analyze the causes and consequences of international trade. The course will cover a set of conceptual tools that are useful for understanding "globalization" and the usage of these tools to address interesting and important questions about how countries, firms, and workers respond to international trade.
ECON684
Applied Time Series Analysis and Forecasting
Credits:
3
Grad Meth:
Reg, Aud, S-F
Prerequisite: ECON642; and ECON645.
Restriction: Must be in M.Prof.Studies: Applied Economics program.
This course builds on the brief introduction to time series econometrics offered in ECON 645. Students will learn the theory of stationary processes and how it applies to econometric techniques for estimation and forecasting based on time series data. The techniques will be applied in macroeconomic, financial and business applications.
ECON698
Selected Topics in Economics
Credits:
3
Grad Meth:
Reg, Aud
ECON898
Pre-Candidacy Research
Credits:
1 - 8
Grad Meth:
S-F
ECON899
Doctoral Dissertation Research
Credits:
1 - 8
Grad Meth:
S-F
Flagship Institution of the University System of Maryland
University of Maryland, College Park, MD 20742, USA
/
Phone:
301.405.1000
Copyright
© 2024 University of Maryland
/
Privacy /
Web Accessibility
Contact us
with comments, questions and feedback
/