May 22, 2024  
2014-2015 University Catalog 
    
2014-2015 University Catalog [ARCHIVED CATALOG]

Courses


The University Catalog lists all courses that pertain to the West Lafayette campus. In order to view courses that are available at a given time, and the details of such courses, please visit the myPurdue Schedule of Classes.

To search for a group of courses within a number range, enter an asterisk to note the unspecified value in the course code or number field. For example, to search for all AAE courses at the 50000 level, enter 5* in the “Code or Number” box.

 

Earth Atmospheric and Planetary Sciences

  
  • EAPS 69800 - Research MS Thesis


    Credit Hours: 1.00 to 18.00. Research MS Thesis. Permission of instructor required. Typically offered Fall Spring Summer.
  
  • EAPS 69900 - Research PhD Thesis


    Credit Hours: 1.00 to 18.00. Research PhD Thesis. Permission of instructor required. Typically offered Fall Spring Summer.

Economics

  
  • ECON 10000 - Economics Lectures


    Credit Hours: 1.00. An orientation to the undergraduate program in economics, to the library and computing facilities used by economics undergraduates, and to the advising and placement services available. Typically offered Spring.
  
  • ECON 21000 - Principles Of Economics


    Credit Hours: 3.00. Economics is the study of decision making under conditions of scarcity. This course looks at the behavior of the individual consumer and firm and their interaction with the government. The second half of the course studies the macroeconomy and focuses on the causes of inflation, unemployment, and interest rate changes. The international economy also will be studied. No credit for management students. Typically offered Fall Spring Summer. CTL:ISH 1040 Introduction To Economics
  
  • ECON 21100 - Contemporary Economic Problems


    Credit Hours: 3.00. The course assists students in analyzing current economic issues such as inflation, and unemployment, the energy crisis, environmental protection, poverty, and income distribution, urban blight, health care, and education. All students are required to give presentations and prepare papers on one of these topics. Typically offered Spring.
  
  • ECON 21700 - Economics


    Credit Hours: 3.00. National economic problems such as unemployment, recessions, inflation, taxation, bank interest rates, the growth of government, monetary systems, and a rising national debt are discussed along with the principles, policies and institutions for solving these macroeconomic problems. Typically offered Spring.
  
  • ECON 21900 - Economics For Future Elementary Teachers


    Credit Hours: 3.00. A principles of economics course designed for future elementary and social studies teachers. The purpose of this course is to: 1) introduce the future teacher to basic economic concepts required by the Indiana Academic Standards for Social Studies, K-6, 2) learn methods for teaching these concepts in the K-6 curriculum, and 3) develop a catalog of curriculum materials appropriate for teaching economics in grades K-6. No credit for management students. Typically offered Fall Spring.
  
  • ECON 21910 - Economics For Future Secondary Teachers


    Credit Hours: 3.00. Upon completion of this course students will be able to analyze economic events in order to make more intelligent choices as consumers, workers, and voting citizens; identify and understand the basic concepts and principles of economics in order to meet standards at the secondary school level; identify supplemental materials and programs from variety of sources used in your teaching major, minor or as supplements in your classrooms; and review and organize lessons that teach economic concepts. No credit for management students. The course content is principles-level economics and is designed for social studies education students who are beginning their sequence of required economics courses. The course is designed to be taken before upper-division economic content courses. Typically offered Fall Spring.
  
  • ECON 25100 - Microeconomics


    Credit Hours: 3.00. Microeconomics studies the choices individuals make and the incentives that influence those choices. Emphasis is on the incentives that determine market prices and resource allocation. The role of public policy in influencing incentives and efficiency is also addressed. Typically offered Fall Spring Summer. CTL:ISH 1042 Microeconomics
  
  • ECON 25200 - Macroeconomics


    Credit Hours: 3.00. Introduction to macroeconomic theory. The course develops a theoretical framework permitting an analysis of the forces affecting national income, employment, interest rates, and the rate of inflation. Emphasis is placed upon the role of government fiscal and monetary policy in promoting economic growth and stable prices. Typically offered Fall Spring Summer. CTL:ISH 1041 Macroeconomics
  
  • ECON 28000 - Mathematics For Economists


    Credit Hours: 3.00. The course is designed to provide familiarity with some of the basic mathematical tools used extensively in economics. Topics to be covered include constrained optimization and comparative statistics along with economic applications. Typically offered Spring.
  
  • ECON 29000 - Sophomore Level Problems In Economics


    Credit Hours: 1.00 to 4.00. Arrange with instructor before enrolling. Investigation in a specific economics field. Typically offered Summer Fall Spring.
  
  • ECON 34000 - Intermediate Microeconomic Theory


    Credit Hours: 3.00. Topics from consumer behavior and demand, decisions under uncertainty, production and cost, factor demand, market structure, general equilibrium and welfare. Emphasis on the tools used to analyze the behavior of individual economic units. Typically offered Fall Spring.
  
  • ECON 35200 - Intermediate Macroeconomics


    Credit Hours: 3.00.  Continuation of ECON 25200 . A more rigorous, general equilibrium treatment of macroeconomic theory with emphasis on the components of the model: determinants of consumption, investment, net exports and foreign exchange rates, the level of unemployment, inflation and the long-run rate of economic growth. Typically offered Fall Spring.
  
  • ECON 35500 - Comparative Analysis Of Economic Systems


    Credit Hours: 3.00. This course describes the general economic problem and how it is solved by alternative forms of economic organization. Market, centrally planned, social democratic, and mercantilist systems are contrasted in terms of their assignment of property rights, their mechanisms for transmitting information, their incentive structure, and the degree to which they meet efficiency and equity criteria. Worldwide contemporary trends are analyzed. Typically offered Spring.
  
  • ECON 36000 - Econometrics


    Credit Hours: 3.00. This course examines the statistical techniques used to analyze economic data, estimate casual effects, make predictions, and test economic theory. Students learn empirical skills used in analytical consulting, financial modeling, economic research, and by analysts in the private and public sectors. Emphasis is placed on estimating a single equation (e.g., demand function) and the problems associated with such estimation. As part of the course, students will estimate equations using statistical software available in the Krannert computer labs. Typically offered Fall Spring.
  
  • ECON 36100 - Antitrust And Regulation


    Credit Hours: 3.00. The course studies the influence of laws and regulations on the behavior of firms, focusing on two types of government intervention in the market: antitrust law and economic regulation. Antitrust laws define the rules by which firms must compete. Economic regulation more tightly constrains the actions of firms, requiring that they obtain approval to set prices and/or enter new markets. The focus is on current topics in both areas, including comparison of U.S. practice with that of European Union and elsewhere. Typically offered Spring.
  
  • ECON 36500 - History Of Economic Thought


    Credit Hours: 3.00. The course traces the development of theories of value and economic growth from the seventeenth century to Karl Marx. Among the authors studied are the mercantilists, Hume, Smith, Ricardo, and Marx. Excerpts from the original works are read and evaluated in light of modern theory. Typically offered Spring.
  
  • ECON 36800 - Economics And Values


    Credit Hours: 3.00. Explores some specific critiques of stereotypical neoclassical economics; utilizes notions of knowledge, learning, rationality, logic, science, and scholarship that tend to complement those found in many conventional economics courses; raises questions about the roles of values in both individual decision-making and in economic thinking, as well as about the interrelation of economic concepts and issues of ethics, justice, and care at both the individual and the social level; embodies interactive, reflective learning. Typically offered Spring.
  
  • ECON 37000 - International Trade


    Credit Hours: 3.00. Develops an understanding of the economics of globalization, including the movement of goods, people, capital, and ideas across countries. Using the tools of intermediate economic theory, we discuss the benefits and costs of globalization, the implications of globalization for wages, earnings, and national welfare, and their intersection with government policies. Typically offered Fall Spring.
  
  • ECON 37100 - International Monetary Problems


    Credit Hours: 3.00. A mixture of lectures and case discussions covering historical changes in the world’s monetary system, problems with balance of payments adjustments, exchange rates and foreign exchange markets, international capital markets and financial flows, the international transmission of business fluctuations, monetary and fiscal policy in an interdependent world, and crises in developing countries. Typically offered Spring.
  
  • ECON 37500 - United States Economic History


    Credit Hours: 3.00. Application of economic analysis to illuminate such historical questions as the economic effects of British colonial administration, the rise of banking institutions, the financing of the railroads, the economics of slavery, the rise of big business, and the sources of government regulation of business. Typically offered Spring.
  
  • ECON 38000 - Money And Banking


    Credit Hours: 3.00. The course analyzes the economics of money, monetary systems, investments, and financial intermediaries in modern industrial economies. Topics considered include the origin of money and the banking industry, financial asset markets, the role of central banks, and the effects of various monetary policies. The theory will be presented side by side with current economic and financial news, and the students will learn how to track financial and economic data via The Wall Street Journal. Typically offered Fall Spring.
  
  • ECON 38500 - Labor Economics


    Credit Hours: 3.00. The purpose of this course is to introduce important topics, theories, institutions, and policy issues relating to the functioning of labor markets. Topics to be considered include labor supply decisions, investments in human capital, compensating wage differentials, labor contract theory, unions, compensation programs, signaling in labor markets, the economics of unemployment, and government employment, retirement, and workplace safety. Typically offered Fall Spring.
  
  • ECON 39000 - Junior Level Problems In Economics


    Credit Hours: 1.00 to 4.00. Investigation into a specific topic area of economics. Permission of instructor required. Typically offered Fall Spring Summer.
  
  • ECON 41500 - Contemporary Economic Problems And Policies


    Credit Hours: 3.00. An application of the principles of economics developed in ECON 25100  and ECON 25200  to contemporary controversies in public policy. Half of the semester is devoted to microeconomics issues and half to controversies in macroeconomics policy. Typically offered Spring.
  
  • ECON 41900 - Managerial Economics


    Credit Hours: 3.00. The application of economic analysis and common nonmathematical models to managerial decisions. Topics include decisions involving time and uncertainty in both competitive and noncompetitive markets. Pricing decisions are emphasized. Permission of Department required.Typically offered Fall Spring.
  
  • ECON 42200 - Public Finance And Taxation


    Credit Hours: 3.00. This course examines the role of government in market economies. The aim of the course is to provide an understanding of the reasons for government intervention in the economy and how individuals and firms respond to taxation and other government actions and how to evaluate the benefits of public programs. For example, what effects do taxes have on incentives to work, save, and invest? Emphasis is placed on current U.S. policy issues including Social Security, health care, education, environmental regulation, welfare programs, and tax reform. Typically offered Spring.
  
  • ECON 45100 - Game Theory


    Credit Hours: 3.00. In the course, economic, political, and social interactions are represented as games, in which strategies and resulting outcomes can be analyzed. The analysis of these interactions is then used to demonstrate how one can make optimal decisions under uncertainty. Typically offered Fall Spring.
  
  • ECON 45600 - Urban Economics


    Credit Hours: 3.00. Examines the market forces that lead to the development, growth, and size of cities. In addition, this course covers the theory of location and land use, principles of local public finance, policy problems in the areas of urban housing, transportation, crime, and pollution. Typically offered Spring.
  
  • ECON 46000 - Econometrics


    Credit Hours: 3.00. This course examines the statistical techniques used in testing economic theory. Emphasis is placed on estimating a single equation (e.g., a demand function) and the problems associated with such estimation. As part of the course, students will estimate equations on the University’s computational facility. Typically offered Spring.
  
  • ECON 46100 - Industrial Organization


    Credit Hours: 3.00. This course examines the determinants of firm and market structure and the resulting market performance in imperfectly-competitive markets. Advanced topics include advertising, research and development, imperfectly competitive international markets, and market integration. Emphasis is placed on using theoretical models of firm and industry behavior to explain and analyze real-world examples of firm behavior. Typically offered Fall.
  
  • ECON 46600 - International Economics


    Credit Hours: 3.00. Analyzes topics in international economics, using more advantage techniques and more detailed treatment than in ECON 37000  or ECON 37100 . While coverage varies somewhat with instructor, some topics could include: economic growth, innovation and technology transfer, and the role of multinational corporations. Typically offered Fall Spring.
  
  • ECON 47000 - Transportation Economics


    Credit Hours: 3.00. Building upon basic economic principles, this course introduces the student to mainstream areas in transportation economics including market demand and supply, market structure, transportation investment, marginal cost pricing, cost-benefit analysis, land use and transportation, transportation safety, and government intervention. Blending theory with application, the course takes a case study approach in drawing upon a wealth of empirical work on highways, railroads, motor carriers, airlines, and water carriage. Typically offered Spring.
  
  • ECON 47100 - Behavioral Economics


    Credit Hours: 3.00. Students learn about human behavior in economic environments, with a strong emphasis on classroom laboratory exercises. Topics considered include behavior in a variety of markets - for example, markets with price controls, markets for financial assets and auction markets – and behavior in social dilemmas that arise when people try to provide public goods voluntarily or when sellers try to conspire to fix prices. Students will also learn how people bargain with, trust each other, and show social preferences towards others. Decision-making and anomalies for risky and uncertain choices will also be covered. Typically offered Fall Spring.
  
  • ECON 49000 - Problems In Economics


    Credit Hours: 1.00 to 4.00. Arrange with instructor before enrolling. Supervised reading and reports in various subjects. Open only to a limited number of seniors with superior records in previous courses. Permission of instructor required. Typically offered Fall Spring Summer.
  
  • ECON 49900 - Senior Honors Thesis


    Credit Hours: 3.00. Execution by economics honors students of a senior honors thesis under the direction and supervision of the faculty. In addition to a paper, completion of the research project may involve the presentation of the findings in a seminar or workshop setting. Permission of Department required. Typically offered Spring.
  
  • ECON 51000 - Game Theory


    Credit Hours: 2.00. Game theory is a powerful tool that facilitates a decision making process of individuals. Games are characterized usually by two or more players where any player’s action has an impact on other players’ payoff. Players are decision making units, e.g. individuals, firms, workers, managers, countries etc. Game theory analyzes situations in which people (or other animals) interact by breaking these situations down into basic descriptions of the set of players, the strategies available to these players, and the payoffs that the players receive for different combinations of strategy choices. Permission of department required. Typically offered Spring.
  
  • ECON 51100 - Intermediate Economics I


    Credit Hours: 3.00. Consumer behavior and demand, production and cost, factor demand, market structure, general equilibrium and welfare. Emphasis on the tools used to analyze the behavior of individual economic units. Not open to students with credit in ECON 34000 . Typically offered Fall Summer.
  
  • ECON 51200 - Intermediate Economics II


    Credit Hours: 3.00. Course content includes money and banking, national income and aggregative economics; the analysis of the determination of national income, employment, the price level, and the balance of payments. Consideration of both theory and economic policy. Not open to students with credit in ECON 35200 . Typically offered Spring.
  
  • ECON 51300 - Economic Theory


    Credit Hours: 3.00 or 4.00 (West Lafayette, Calumet) 3.00 (North Central) Theoretical analysis of a market economy with an emphasis on decision processes of managers. Consideration is given to micro aspects of price determination, utilization of resources and market organization, and to aggregative concepts of national income and employment. Typically offered Spring Fall.
  
  • ECON 51400 - Microeconomics


    Credit Hours: 2.00. An introduction to microeconomic theory. Analysis of consumer demand, output and input decisions of firms, price determination, economic efficiency, market structures, and market failure. Typically offered Fall Spring.
  
  • ECON 51500 - Macroeconomics


    Credit Hours: 2.00 or 3.00. Investigation of the causes of macroeconomic fluctuations in the economy. Looks at changes in inflation, unemployment, real output, interest rates, and exchange rates, and explores why they occur, what their effects are, and what, if any, role government should play in dealing with these problems. A mixture of theory and case studies with reference to historical case studies. Current macroeconomic problems will be discussed with a focus on the international aspects of macroeconomic problems. Typically offered Fall Spring.
  
  • ECON 51900 - Economics For Pre-College Educators


    Credit Hours: 1.00 to 3.00. Economics and economic education materials and instructional strategies for pre-college teachers in all grade levels and subject areas. Most sections, or workshops, survey both microeconomics and macroeconomics concepts and current public policy issues. Some workshops, however, deal with special themes or contemporary economics problems, and vary each time they are offered, e.g., international economics, economics in literature and children’s literature or energy and environmental economics. Participants are usually expected to develop a package of classroom activities and supplements. Typically offered in the Summer, but occasionally in the Fall and Spring semesters.
  
  • ECON 52000 - Industrial Economics


    Credit Hours: 2.00. This course will explore the division of economic activity among industries in developed and less-developed countries. It will examine patterns of private and public ownership in different countries. It will discuss the determinants of market and firm structure, firm conduct, and market performance in imperfectly competitive markets, and different approaches to regulating such markets. Emphasis is placed on using basic economic models of firm and industry behavior to explain and analyze real-world markets. Permission of department required. Typically offered Fall.
  
  • ECON 53400 - International Trade Theory


    Credit Hours: 2.00 or 3.00. Problems of the international economy addressed in the light of economic theory. Emphasis is on real, as opposed to monetary, topics. Topics may include trade barriers, multinational corporations, technology transfer, the European economic community, economic constraints on the sovereignty of nation-states. Typically offered Fall.
  
  • ECON 55000 - Personnel Economics


    Credit Hours: 2.00. Personnel Economics applies micro- and macroeconomic theory to the workings of the labor market while maintaining a focus on incentives in the workplace. The course will investigate the determination of wages and compensation (based on a study of labor demand and supply) and the differences in these forms of payment for labor services across workers within an occupation, across occupations, and across cultures. Other topics to be considered include the connection between investments in education and training and labor market outcomes and estimates of the costs and benefits of immigration and employee turnover and discuss the impact of unions, as well as discrimination in the labor market issues. Permission of department required. Typically offered Spring.
  
  • ECON 56200 - Econometrics I


    Credit Hours: 3.00. This masters-level course in econometrics covers the tools that will enable students to conduct empirical analysis using economics data. The course examines the statistical techniques used in testing economic theories, estimating casual effects, and making predictions. Emphasis is placed on estimating a single equation (e.g., a demand function) and the problems associated with such estimation. As part of the course, students will estimate equations using STATA, a statistical software package. Permission of department required. Typically offered Fall.
  
  • ECON 56500 - Law And Economics


    Credit Hours: 2.00. This course is designed to give the student an understanding of both legal and economic principles and the relationship between them. It will also show the student how to access various data bases, Lexis/Nexis, to get a formal statement of the law and how the laws have actually been interpreted and enforced. Finally, through the use of economic analysis, the student will acquire the tools to predict the likely outcomes of particular laws and how they will affect their family and business decisions. Permission of department required. Typically offered Fall.
  
  • ECON 57000 - International Economics


    Credit Hours: 2.00-3.00. Study of the economic characteristics of the contemporary transportation market with emphasis on the impact of governmental policies on resource allocation within the sector. Permission of instructor required. Typically offered Fall Spring Summer.
  
  • ECON 57200 - Econometrics II


    Credit Hours: 2.00. This course is primarily related to the specification of, and estimation, prediction, testing and inference in, the linear regression model under ideal and generalized conditions. Other topics covered include: a discussion of typical mean-independence violations and instrumental variables estimation. This course builds on 57100 in its extensive use of linear algebra and mathematical statistics to illustrate these concepts. Throughout the course, we will apply techniques discussed in the classroom using MATLAB. The programming side of the course should not be excessively demanding, and instructional tutorials for basic MATLAB operations will be posted online. Permission of department required. Typically offered Fall Spring Summer.
  
  • ECON 57300 - Financial Econometrics


    Credit Hours: 2.00. This course offers an introduction of basic principles of econometric analysis that will help students understand finance theories and their empirical applications. It will also equip students with appropriate statistical techniques for doing applied financial research. The statistical techniques are particularly well suited for analyzing financial time-series data. Permission of department required. Typically offered Spring
  
  • ECON 57400 - Microeconometrics


    Credit Hours: 2.00. This is a graduate-level course in microeconometrics. This course is primarily related to the specification and estimation of various models commonly encountered in microeconomic applications. The course will first briefly cover the theory of maximum likelihood estimation (MLE), and apply MLE in some introductory settings. These methods will then be applied to various latent-variable economic models including binary choice models (the logit, probit, and other alternatives), censored regression models (e.g., the tobit) and models for count data. Permission of department required. Typically offered Fall.
  
  • ECON 58500 - Behavioral Economics


    Credit Hours: 2.00 or 3.00. This course explores human economic behavior, with a strong emphasis on laboratory and field experiment methodology used in behavioral economics research. Topics considered include behavior in markets for financial assets and auction markets, and behavior in social dilemmas that arise when people try to provide public goods voluntarily or increase economic surplus through trust. Students will also study how people bargain with and exhibit social preferences towards others. Decision-making and anomalies for risky uncertain choices will also be covered. Typically offered Fall Spring Summer.
  
  • ECON 59000 - Problems In Economics


    Credit Hours: 1.00 to 4.00. Open only to a limited number of seniors and graduate students. Arrange with instructor before enrolling. Supervised reading and reports in various subjects. Permission of instructor required. Typically offered Fall Spring Summer.
  
  • ECON 60000 - Teaching Economics


    Credit Hours: 1.00 to 3.00. This course traces the development of economic theory from the Mercantilist writers through the contributions of J. S. Mill and Karl Marx. Topics covered include the development of value theory (especially labor theories of value), theories of economic growth and business cycles, the classical debate over the meaning and validity of Say’s Law, and changing views regarding the appropriate role of government in the marketplace. In each case, the contributions of the authors considered are evaluated in light of our modern understanding of economic theory. Typically offered Spring.
  
  • ECON 60600 - Microeconomics I


    Credit Hours: 1.00 to 3.00. An introduction to basic consumer and producer theory, competitive markets (including using the continuum to model competition), basic general equilibrium theory, and basic risk/uncertainty. Co-requisite: ECON 61500 . Typically offered Fall.
  
  • ECON 60700 - Microeconomics II


    Credit Hours: 1.00 to 3.00. Building on Microeconomics I, more advanced consumer and producer theory using support functions, risk/uncertainty and information, and basic game theory and oligopoly. Prerequisite: ECON 60600 . Typically offered Fall.
  
  • ECON 60800 - Macroeconomic Theory I


    Credit Hours: 2.00 or 3.00. An introduction to general equilibrium macroeconomic models in both deterministic and stochastic settings. Topics studied include: static neoclassical models, social planner problems, dynamic programming, growth and capital accumulation, stochastic economies, asset pricing, and overlapping generations models. Typically offered Fall.
  
  • ECON 60900 - Microeconomics III


    Credit Hours: 1.00 to 3.00. An advanced course in game theory and general equilibrium theory. Among the topics covered are: games in strategic form, games in extensive form, games of incomplete information, cooperative games with side payments, mechanism design, consumer choice theory, Pareto optimality, the Arrow-Debreu-McKenzie model, and the existence and stability of competitive equilibria. Prerequisite: ECON 60600 . Typically offered Spring.
  
  • ECON 61000 - Advanced Game Theory


    Credit Hours: 1.00 to 3.00. An advanced course in game theory and its applications. Among the topics covered are: extensive form games, normal form games, Nash equilibrium, mixed strategies equilibrium, subgame perfect equilibrium, learning and equilibrium, games with incomplete information, repeated games, cooperative games, noncooperative bargaining, and auctions. Prerequisite: ECON 60600 . Typically offered Fall Spring.
  
  • ECON 61100 - Macroeconomic Theory II


    Credit Hours: 2.00 or 3.00. An introduction to selected topics in macroeconomics, including theories of business cycles, economic growth, microfoundations of labor markets and some miscellaneous issues. Topics covered include: theories of business cycles (real business cycles, information imperfections, coordination failures), economics of growth (neoclassical model, human capital model, endogenous growth), microfoundations of labor markets (recursive competitive equilibrium models, search and matching models, efficiency wages, implicit contracts, insider-outsider model), miscellaneous issues including monetary economics (cash-in-advance constraint models), the Lucas critique, time inconsistency, and endogenous cycles. Prerequisite: ECON 60800 . Typically offered Spring.
  
  • ECON 61200 - Macroeconomic Theory III


    Credit Hours: 1.00 to 3.00. Selected topics in contemporary research in macroeconomic theory. Emphasis on the implications of uncertainty in macroeconomic theory, including such topics as search theory, asset selection under uncertainty, stochastic optimal control, and asymmetric information. Typically offered Fall Summer.
  
  • ECON 61300 - Topics In Microeconomics


    Credit Hours: 3.00. Economic theory workshop, with presentations given by departmental and external speakers. Typically offered Fall Spring.
  
  • ECON 61400 - Economics Of Information


    Credit Hours: 1.00 to 3.00. An introduction to the economics of information. Key topics considered are nonexpected utility theory and the various implications of asymmetric information-either hidden action(s) and/or hidden types, including extensions of the basic principal-agent model as well adverse selection issues, mechanism design, and screening/signaling models. Other topics that may be considered include the value of information/real option theory, herd behavior, capital asset pricing models, stochastic calculus and options pricing models, organizational decision making, search theory and price dispersion models, and herd behavior. Prerequisite: ECON 60600 . Typically offered Fall Spring.
  
  • ECON 61500 - Mathematical Analysis For Economists


    Credit Hours: 2.00 or 3.00. Topics include constrained optimization, comparative statics, and elementary topics in mathematical analysis. Students should be familiar with calculus, linear algebra, basic probability, and have a grasp of microeconomic theory (such as the material covered in ECON 51100 ). Typically offered Fall.
  
  • ECON 61800 - Advanced Topics In Economics


    Credit Hours: 3.00. Macro/international theory workshop. Topics on macroeconomics and international economics are presented by departmental and external speakers. Typically offered Fall Spring.
  
  • ECON 62000 - Industrial Organization


    Credit Hours: 1.00 to 3.00. A survey of some of the major theoretical issues in the field of industrial organization. Topics include: the welfare economics of competition and monopoly, static and dynamic oligopoly theory, differentiated products models, and entry deterrence. Typically offered Fall Spring.
  
  • ECON 62100 - Applied Industrial Organization


    Credit Hours: 1.00 to 3.00. A continuation of ECON 62000 , with emphasis on empirical analysis and the application of theory to real-world situations. Topics covered include: empirical estimation of market structure, empirical tests of market conduct, the effect of anti-competitive behavior on economic performance, antitrust practice, regulation theory and practice, and experimental industrial economics. The material is selected from current journal articles. Prerequisite: ECON 62000 . Typically offered Fall Spring.
  
  • ECON 63000 - Advanced Monetary Theory


    Credit Hours: 1.00 to 3.00. Covers current literature on decentralized monetary economies. Topics are selected from recent research publications that include: studies related to endogenous determination of pattern of exchange, valuation of assets and currencies, price determination and dispersion, and international finance. The material is selected from current journal articles. Prerequisite: ECON 53000. Typically offered Fall Spring.
  
  • ECON 63100 - Industrial Organization


    Credit Hours: 1.00 to 3.00. A study of asset selection within the expected utility approach, with some attention given to the nonexpected utility decision models. Topics covered include axioms for measurable utility, monetary models under uncertainty, models of capital budgets, and security-selection models. Prerequisite: Master’s student standing or higher. Typically offered Fall Spring.
  
  • ECON 63200 - Labor Economics


    Credit Hours: 1.00 to 3.00. An area seminar. Theoretical and empirical research on the financial markets. Prerequisite: ECON 63000 . Typically offered Fall Spring.
  
  • ECON 63400 - International Trade


    Credit Hours: 1.00 to 3.00. Application of microeconomic techniques to international trade. Topics include: classical, neoclassical, and modern theories of international trade; the theory of tariffs and commercial policy, (including aspects of political economy), welfare aspects of trade and tariff theory, and related topics. The material is selected from current journal articles. Prerequisite: ECON 60700 . Typically offered Fall Spring.
  
  • ECON 63500 - Monetary International Economics


    Credit Hours: 1.00 to 3.00. A research seminar on international monetary issues. Topics include: theories of balance of payments and exchange-rate determination, international asset markets and capital flows, breakdowns of pegged exchange-rate regimes, currency substitution, monetary integration, international impacts of alternative monetary, and fiscal and intervention policies. Assignments are based on selected articles. Prerequisite: ECON 60800 . Typically offered Fall Spring.
  
  • ECON 63600 - Topics And Research In International Trade


    Credit Hours: 1.00 to 3.00. A course in international trade theory and empirics, with emphasis on surveying the recent developments in the field-including empirical applications of material covered in ECON 63400 . While specific subject matter may vary from year to year, likely topics include: theory and empirics on trade and wages, trade and the environment, trade in the presence of multinational firms and vertical specialization, empirical evaluation of the positive theories of trade (especially factor endowment and variety models), and the identification and measurement of trade barriers and their effects. Material is selected from current journal articles. Prerequisite: ECON 60700 . Typically offered Fall Spring.
  
  • ECON 64000 - Economic And Social Policy


    Credit Hours: 2.00 or 3.00. The role of government in the American economy. Policies relating to the environment, energy, transportation, labor markets, the distribution of income, macrostability, and international trade are analyzed. Prerequisite: ECON 51300 , Master’s student standing or higher and Management majors only. Typically offered Fall Spring Summer.
  
  • ECON 65000 - Labor Economics


    Credit Hours: 1.00 to 3.00. Topics in labor economics. While the specific subject matter varies from year to year, recent seminars have examined such topics as dynamic labor demand and supply analysis, human capital theory, screening and signaling theories, contract theory, efficiency wages, job matching, search, unions, and internal labor markets. Material is selected from current journal articles. Typically offered Fall Spring.
  
  • ECON 65200 - Economics Of Labor Markets


    Credit Hours: 2.00 or 3.00. Study of labor force concepts and measurements, the macroeconomic behavior of employment and earnings, and the functioning of labor markets. Emphasis is placed on empirical findings and research methods. Typically offered Fall.
  
  • ECON 66800 - Topics In Applied Economics


    Credit Hours: 3.00. Applied micro workshop. Topics on applied macroeconomics are presented by departmental and external speakers. Typically offered Fall Spring.
  
  • ECON 67000 - Probability And Statistics


    Credit Hours: 2.00 or 3.00. An introduction to probability theory and the basic statistical estimation methods. Topics include: axiomatic development of probability theory, counting methods, conditional probability and Bayes’ theorem, random variables and distributions, expectation, variance, covariance and correlation, special distributions, statistical inference, maximum likelihood estimators, unbiased estimation, and testing hypotheses. Prerequisite: ECON 61500 . Typically offered Fall.
  
  • ECON 67100 - Econometrics I


    Credit Hours: 1.00 to 3.00. An introduction to the modern techniques of econometrics and their applications. Topics include: the classical linear regression model (specification, estimation, inference, and prediction), specification analysis, functional form, heteroscedasticity, and autocorrelation. Prerequisite: ECON 67000 . Typically offered Spring.
  
  • ECON 67200 - Econometrics II


    Credit Hours: 1.00 to 3.00. Topics include generalized method of moments, estimation and inference with weak instruments, panel data models and bootstrap methods. Prerequisite: ECON 67100 . Typically offered Fall.
  
  • ECON 67300 - Time Series Econometrics


    Credit Hours: 1.00 to 3.00. This advanced course gives an up-to-date and comprehensive treatment of modern time series analysis and empirical macroeconomics. Topics include: ARIMA processes, spectral analysis, forecasting, covariance-stationary vector processes, vector autoregressions, state space representations in the Kalman filter, non-stationary time series and fractional integrated processes, and time series models of heteroscedasticity. Prerequisite: ECON 67200 . Typically offered Fall Spring.
  
  • ECON 67400 - Microeconometrics


    Credit Hours: 1.00 to 3.00. This advanced course covers the econometrics and statistical methods needed to study data on individual agents in general qualitative response models and models of limited dependent variables. Special emphasis is placed on applying the alternate estimation and inference techniques to actual or simulated datasets. Topics include: univariate binary models, multinomial and multivariate qualitative response models, choice based sampling, distribution-free estimation methods, and Tobit models. Prerequisite: ECON 67200 . Typically offered Fall Spring.
  
  • ECON 67600 - Economics Of Uncertainty And Information I


    Credit Hours: 2.00 to 4.00. Covers topics in decision theory and the economics of information. Topics include: insurance, nonexpected utility theory, capital asset pricing models, stochastic calculus and options pricing models, organizational decision making, herd behavior, search theory and price dispersion models, principal-agent models, multiple agents, multiple tasks, multiple periods, incomplete contracts, and adverse selection topics. Applications of these models arise in industrial organization, labor economics, and public economics, as well as various areas in management. Course readings are primarily from journal articles. Prerequisite: ECON 60700 . Typically offered Fall Spring.
  
  • ECON 67700 - Economics Of Uncertainty And Information II


    Credit Hours: 1.00 to 3.00. Continuation of ECON 67600 . Prerequisite: ECON 67600 . Typically offered Fall Spring.
  
  • ECON 68500 - Experimental Economics I


    Credit Hours: 1.00 to 3.00. An overview of seminal and recent developments in experimental economic research. Provides practical training in designing and conducting experiments and the analysis of experimental data. Content varies from year to year. Applications include: industrial organization, game theory, finance, international trade, information economics, and monetary economics. Course readings are primarily from journal articles. Prerequisite: ECON 60700 . ECON 61000 . Typically offered Fall Spring.
  
  • ECON 68600 - Experimental Economics II


    Credit Hours: 2.00 or 3.00. Covers topics different from ECON 68500 , and they vary from year to year. May be taken prior to ECON 68500 . Course readings are primarily from journal articles. Prerequisite: ECON 60700 . ECON 61000 . Typically offered Fall Spring.
  
  • ECON 69000 - Advanced Problems In Economics


    Credit Hours: 1.00 to 4.00. Advanced individual reading and investigation in a specific economic field at the graduate level. Open to individual students with superior records. Permission of instructor required. Typically offered Fall Spring Summer.
  
  • ECON 69800 - Research MS Thesis


    Credit Hours: 1.00 to 18.00. Research MS Thesis. Permission of instructor required. Typically offered Fall Spring Summer.
  
  • ECON 69900 - Research PhD Thesis


    Credit Hours: 1.00 to 18.00. Research PhD Thesis. Permission of instructor required. Typically offered Fall Spring Summer.

Education-Curriculum and Instruction

  
  • EDCI 20500 - Exploring Teaching As A Career


    Credit Hours: 3.00. Students will become familiar with the work of teachers and begin to develop their educational philosophies through examining what it means to teach and to learn and the nature and purpose of schools. Students will critically evaluate teaching as their chosen profession. This course includes a required weekly field-based experience in an elementary, middle, or high school classroom. Typically offered Fall Spring.
  
  • EDCI 21000 - Education Scholars Program I


    Credit Hours: 1.00. To explore the field of education by having professionals share their thoughts and experiences about the profession, and watching videos of teachers in the classroom. Students will learn about a relevant topic in education and what is involved in conducting research by assisting a professor in their area of interest/specialization. Awarded the DeVito Scholarship. Typically offered Fall.
  
  • EDCI 21100 - Education Scholar Program II


    Credit Hours: 1.00. To explore the field of education by visiting local schools, having professionals share their thoughts and experiences about the profession, and watching videos of teachers in the classroom. Students will learn about a relevant topic in education and what is involved in conducting research by assisting a professor in their area of interest/specialization. (Note: travel time is needed to visit local educational sites.) Awarded the DeVito Scholarship. Typically offered Spring.
  
  • EDCI 24200 - Principles And Philosophy Of Vocational And Technical Education


    Credit Hours: 2.00 or 3.00. An introduction to the origin, scope, evolution, and objectives of vocational and technical education. Emphasis will be placed on the need for vocational-technical education and its relation to other types of education. Typically offered Summer Fall Spring.
  
  • EDCI 24400 - Seminar In Leadership For Career And Technical Student Organizations


    Credit Hours: 1.00. Particular emphasis on practice relative to effective functioning as advisors to vocational youth organizations. Fundamentals of small-group work and individual responsibilities in working with vocational youth organizations will be stressed. Typically offered Fall Spring.
  
  • EDCI 25000 - Professional Development In Family And Consumer Sciences Education


    Credit Hours: 1.00 or 2.00. This course focuses on students’ professional development as family and consumer sciences educators. Characteristics and relationships among middle and high school family and consumer sciences standards, resources, and learning experiences; the Purdue Family and Consumer Sciences Education program; and expectations for Indiana FCS teacher-licensure are emphasized. Includes participation in professional organizations and meetings. Typically offered Fall.
  
  • EDCI 27000 - Introduction To Educational Technology And Computing


    Credit Hours: 3.00. Addresses fundamentals of educational technology, including the integration of instructional design, media, computers and related technologies within the classroom setting. Typically offered Fall Spring Summer.
  
  • EDCI 28500 - Multiculturalism And Education


    Credit Hours: 3.00. This course integrates an understanding of multiculturalism with principles of democratic education. Historical, sociological, cultural, political, philosophical, and pedagogical foundations of multiculturalism are explored and related to issues of pedagogy in a pluralistic society. This course is taken concurrently with EDCI 20500 , which includes a school-based Theory into Practice field experience. Some discussion topics and assignments will be based on that field experience. It is highly recommended that EDCI 27000  be taken with or before taking this course. Typically offered Fall Spring Summer.
  
  • EDCI 30500 - The Teaching Of Modern Foreign Languages In The Elementary Schools


    Credit Hours: 3.00. Lectures and discussions on the place of modern foreign languages in the elementary school curriculum and on current methods and materials for teaching modern foreign languages at this level; workshop activities for the development of teaching skills. No undergraduate students may be enrolled in any of these undergraduate courses until they have been admitted to teacher education. Should precede the professional semester. Typically offered Fall.
 

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