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tax structure of American governments in cluding analysis of the rationale and conse quences of major taxes, and major expendi ture programs. Fiscal problems of state and local governments and intergovernmental fiscal relations are also examined. Prerequi sites: E&B 211,212, or permission of instruc tor. Mr. Heavey, Mr. Hochman 342. Political Economy (Economics elective). Theoretical and empirical study of interrela tionships between political and economic behavior, with emphasis on the modern mixed economy of the United States. Con sideration of the political economy of elec tions, executive and legislative actions, reg ulatory commission rulings, and judicial decisions. Prerequisites: E&B 211,212, or permission of instructor. Mr. Hochman 343. Economic History of the United States (Economics elective). A study of the growth and development of the American economy from the Jamestown colony to the Cold War. The course introduces students to the fundamental debates concerning the importance of various historical episodes and institutions that forged the modern American economy. Underlying the histori cal analysis throughout is the explicit use of economic models and theories in interpret ing historical data. Wherever possible anal ogies between historical experience and contemporary issues are drawn providing useful and often unique insights to these issues. Prerequisites: E&B 211,212. Mr. Bodenhorn 344. Public Finance in Developing Coun tries (Economics elective). This seminar discusses the relationship between govern ment expenditure and revenue policies in the management and development of the economies of developing countries. Topics include theories and practices of public sec tor budgeting, expenditure decisions, taxa tion policies, public sector borrowing, and the financing of government activities through money creation. Students examine how these practices contribute to the objec tive of improving human welfare, economic adjustment and growth, and stabilization of the macroeconomy. The suitability of these ECONOMICS AND BUSINESS measures is assessed within the framework of the unique institutional characteristics present in developing countries. Prerequi sites: E&B 211 or 212, or 342. Mr. Hutchinson 345. Macroeconomic Stabilization Policies for Developing Countries (Economics elective). This seminar explores issues relating to the theory and practice of economic stabilization and adjustment in developing countries (LDCs). Specifically, the course discusses a variety of policy measures that the govern ments of LDCs and policymakers in interna tional agencies have adopted in an attempt to minimize fluctuations in real national output and income, to correct excessive or unsustainable balance-of-payments deficits, to control domestic inflation, and to promote economic growth. Students learn to appreci ate how institutional weaknesses unique to LDCs may constrain the effectiveness of these orthodox policy approaches to economic management. Prerequisites: E&B 210, or 212, or permission of instructor. Mr. Hutchinson 346. Economic Development (Economics elective). An introductory survey of the economic structures and behavior of devel oping countries and how these factors influ ence their approach to the challenges of reducing poverty, improving health and education, and increasing their productive capacity and national and per capita income. The course examines the applicability of conventional economic logic and analytical tools to developing economies. Competing paradigms of development and the implica tions of different sets of behavioral assump tions are explored. Prerequisites: E&B 210 or 211-212, or permission of instructor. [W] Mr. Ahene, Ms. Beckman, Mr. Hutchinson 347. Comparative Systems and Transition al Economies (Economics elective). An examination of the elements of capitalism, socialism, markets and planning and of their applications worldwide. Special emphasis is given 1) to economies currently moving from socialist planned forms of economic organization to market capitalism, found primarily in Eastern Europe, Russia, and in former republics of the Soviet Union, and 2) 81
ECONOMICS AND BUSINESS to developing nations currently privatizing many state-owned enterprises and strength ening their reliance on market forces. Prerequisites: E&B 101 and 210, or 211-212, or permission of instructor. Ms. Beckman 348. Theories of Consumer and Business Behavior (Economics elective). The objec tive of this course is to develop a sharp intui tive feel for economics as a way of thinking about the behavior of individuals and orga nizations. In the process, students should develop an understanding of economics as a core discipline (as a social science) and as a profession. The seminar-style course is concerned with ideas and method, not tech nique. Students read, discuss, and criticize major postwar contributions to the economic literature on consumer and business behav ior. Authors include Akerlof, Baumol, Beck- er, Friedman, and Stigler. Mr. Hochman 351. International Finance (Economics elective). This course provides students with an understanding of the international monetary system. The course examines the foreign exchange market and the role that governments play in this market. A review of previous and current exchange rate sys tems and an analysis of international capital markets is provided. Prerequisites: E&B 210 or 211-212, or permission of instructor, and junior/senior standing. Mr. DeVault 352. International Business (Business elec tive). This course examines the mechanics of doing business abroad and thoroughly explores the challenges that management faces today within an international environ ment. The greater the number of countries in which a corporation operates, the more "multinational" it is. More specifically, students are introduced to the field of global strategic management and are provided with a good understanding of the funda mental importance of cultural, economic, political, and environmental factors in the growth of global business and investment. Prerequisites: E&B 210, or 211-212,218. Mr. Ahene 353. International Trade Policy (Economics elective). This course examines the ways in 82 which international trade in goods and ser vices is regulated through trade policy. This course has several objectives: 1) to provide students with an understanding of how and why international trade is regulated, 2) to demonstrate to students how particular trade policies affect international trade and international economic welfare, and 3) to ex pose students to the economic and political forces that shape international trade policy. Prerequisites: E&B 210 or 211-212, or permission of instructor. Mr. DeVault 354. Contemporary African Economics (Economics elective). Analysis of the contemporary economic environment in Africa: political sociocultural identity and economic structure, trends in public and private capital flows, African regional and international economic institutions, trade development and relations with world markets, investment concessions and risk, with case illustrations from African coun tries. Prerequisites: E&B 210 or 211-212, or permission of instructor. Mr. Ahene 355. Economics in Latin America (Econom ics elective). This course examines economic thought and trends pertaining to Latin Amer ica from structuralism to neoliberalism. It explores how state ownership, private owner ship, markets, and planning have been com bined in attempts to achieve desired goals. Selected issues of economic importance in the region are addressed, including regional trade efforts such as NAFTA and native peoples' struggles over land rights. Country studies based on student research are used throughout. Prerequisites: E& B 210, or per mission of instructor; E&B 346 recommended. [W] Ms. Beckman 356. Economic History of Russia in the Twentieth Century (Economics elective). A study of the economy of Russia from the beginning of the twentieth century: the economy on the eve of World War I, the Russian Revolution, Lenin's NEP, the Stalinization of the Russian economy, the period of stagnation under Brezhnev, the reforms under Gorbachev and Yeltsin, and current problems. Prerequisites: E&B 210 or 211. Mr. Heavey
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LAFAYETTE COLLEGE CATALOGT1999-2001
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DIRECTIONS TO LAFAYETTE: The colleg
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INTRODUCTION MISSION In an environm
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LAFAYETTE COLLEGE Revolution as "a
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ACADEMIC PROGRAM DEGREES Bachelor o
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ACADEMIC PROGRAM 1. Africa and the
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ACADEMIC PROGRAM period not to exce
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ACADEMIC PROGRAM for courses above
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ACADEMIC PROGRAM quest consideratio
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ACADEMIC PROGRAM Absences necessita
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ACADEMIC PROGRAM A part-time degree
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ACADEMIC PROGRAM working for their
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ACADEMIC PROGRAM Russell C. Brinker
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ACADEMIC PROGRAM Paul E. Koch '28 T
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ACADEMIC PROGRAM Reserve Officers A
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Page 35 and 36: ADMISSION AND COSTS the majority of
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Page 39 and 40: FIRST-YEAR SEMINAR flicts in the tw
Page 41 and 42: FIRST-YEAR SEMINAR digm assumptions
Page 43 and 44: FIRST-YEAR SEMINAR important cultur
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Page 53 and 54: AFRICANA STUDIES AFRICANA STUDIES A
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Page 57 and 58: ANTHROPOLOGY AND SOCIOLOGY tion, st
Page 59 and 60: ANTHROPOLOGY AND SOCIOLOGY 207. The
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Page 63 and 64: ART semesters on rigorously designe
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Page 67 and 68: BIOCHEMISTRY For this interdiscipli
Page 69 and 70: BIOLOGY of plant biology including
Page 71 and 72: BIOLOGY 121-122. Lecture/laboratory
Page 73 and 74: CHEMISTRY Prerequisite: Biology 212
Page 75 and 76: CHEMISTRY pounds are investigated.
Page 77 and 78: COMPUTER SCIENCE guages and operati
Page 79 and 80: ECONOMICS AND BUSINESS cal economy,
Page 81: ECONOMICS AND BUSINESS tivity. Topi
Page 85 and 86: ENGINEERING ENGINEERING Professor P
Page 87 and 88: ENGINEERING 450. Engineering Manage
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Page 91 and 92: CHEMICAL ENGINEERING 334. Chemical
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Page 97 and 98: ELECTRICAL AND COMPUTER ENGINEERING
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Page 101 and 102: ENGINEERING/MECHANICAL MECHANICAL E
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Page 105 and 106: ENGLISH jor for anyone seeking the
Page 107 and 108: ENGLISH social, philosophical, and
Page 109 and 110: ENGLISH twentieth-century decade. P
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Page 123 and 124: GEOLOGY AND ENVIRONMENTAL SCIENCES
Page 125 and 126: GEOLOGY AND ENVIRONMENTAL SCIENCES
Page 127 and 128: GOVERNMENT AND LAW subfields), a su
Page 129 and 130: GOVERNMENT AND LAW 321. Congress an
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HISTORY 13 courses for the German t
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HISTORY riety of sources covering t
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HISTORY rights (right of free speec
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HISTORY 364. History Colloquium. Di
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INTERNATIONAL AFFAIRS Because the m
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MATHEMATICS Bachelor of Arts Joint
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MATHEMATICS are emphasized. Separat
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MILITARY SCIENCE MILITARY SCIENCE P
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MILITARY SCIENCE 202. Topographic A
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MUSIC sic of Europe and America enc
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PHILOSOPHY cological problem. Open
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PHYSICS of psychological explanatio
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PHYSICS stressed, but considerable
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PSYCHOLOGY and condensed matter phy
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PSYCHOLOGY naturalistic observation
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PSYCHOLOGY particular the course ex
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RELIGION proved by the department.
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RELIGION RELIGION AND LITERATURE 10
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INTERDISCIPLINARY STUDIES major wit
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INTERDISCIPLINARY STUDIES engineeri
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INTERDISCIPLINARY STUDIES HEALTH CA
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INTERIM SESSION 250. Gender and Sci
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INTERIM SESSION Redistribution of c
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ATHLETICS AND PHYSICAL EDUCATION AT
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OFFICERS OF THE COLLEGE Wilbur W. O
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FACULTY/ADMINISTRATION Elaine R. Re
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FACULTY/ADMINISTRATION Edmond J. Se
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FACULTY/ADMINISTRATION Roxanne E. L
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FACULTY/ADMINISTRATION Brenda J. La
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FACULTY/ADMINISTRATION Andrew J. Vi
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FACULTY/ADMINISTRATION John M. Stro
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FACULTY/ADMINISTRATION William R. J
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OFFICERS OF ADMINISTRATION PRESIDEN
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OFFICERS OF ADMINISTRATION 198 Pame
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OFFICERS OF ADMINISTRATION PUBLIC S
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Hv:i;ij;jlli! liili^MSi'j ACADEMIC
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The Lafayette Experience Lafayette
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INDEX Academic calendars, 202 Acade
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April 1999
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