How do you decide whether to buy a new computer or not? What determines the price of a computer? Should you buy a Mac or a PC? These questions have one thing in common: they can be answered using the tools of microeconomic analysis. Students will explore opportunity cost, efficiency, demand and supply, and equilibrium and constrained market outcomes. The course emphasizes skill development through in-class instruction, task modeling, and extensive hands-on graphing and problem solving with real-world applications. By the end of the course, students will be able to compare opportunity costs in decision-making, identify efficient and inefficient market outcomes, and construct graphical solutions for various market scenarios.

Full details for ECON 1011 - Foundations of Microeconomics

Microeconomics is the study and evaluation of how individuals, firms, and governments make decisions in markets. This course builds a basic framework of how prices convey information in markets, and how governments and policy can shift market behavior, correct market failures, and potentially bring about more socially desirable outcomes.

Full details for ECON 1110 - Introductory Microeconomics

Analysis of aggregate economic activity in relation to the level, stability, and growth of national income. Topics may include the determination and effects of unemployment, inflation, balance of payments, deficits, and economic development, and how these may be influenced by monetary, fiscal, and other policies.

Full details for ECON 1120 - Introductory Macroeconomics

This interdisciplinary course examines network structures and how they matter in everyday life. The course examines how each of the computing, economic, sociological and natural worlds are connected and how the structure of these connections affects each of these worlds. Tools of graph theory and game theory are taught and then used to analyze networks. Topics covered include the web, the small world phenomenon, markets, neural networks, contagion, search and the evolution of networks.

Full details for ECON 2040 - Networks

The pricing processes in a private enterprise economy are analyzed under varying competitive conditions, and their role in the allocation of resources and the functional distribution of national income is considered.

Full details for ECON 3030 - Intermediate Microeconomic Theory

Introduction to the theory and application of econometric techniques. Emphasis is on both development of techniques and applications of econometrics to economic questions. Topics include estimation and inference in bivariate and multiple regression models, instrumental variables, regression with qualitative information, heteroskedasticity, and serial correlation. Students are expected to apply techniques through regular empirical exercises with economic data.

Full details for ECON 3120 - Applied Econometrics