2007-2008 Academic Catalog (4-Aug-2007).indd - AUK

AMERICAN UNIVERSITY of KUWAIT
2007-2008 ACADEMIC CATALOG
ECON 369 Short Course (1-3)
Topic varies by semester. Classes are taught by a guest lecturer or lecturers. Permission of
Instructor. Can be repeated for credit.
ECON 388 Independent Study (1-3)
Independent study by student with the requirement hat the student writes a report summarizing
the knowledge acquired during the period of study. Permission of Instructor.
ECON 389 Special Topics (1-3)
An analysis of contemporary issues in economic theory. Prerequisites: ECON 201 and ECON
203. Permission of Instructor. Can be repeated for credit.
ECON 401 Economic History: Twentieth Century (3)
Historical investigation of economic development; comparison of European and Third World
development as contrastive case studies. Prerequisites: ECON 201 and ECON 203 and Junior
class standing. [Cross listed with HIST 401.]
ECON 405 Comparative Economic Systems (3)
A theoretical and historical evaluation of different economic systems, planning strategies and
their effects on economic growth, democracy, equity and effectiveness; assessment of the
historical experience of the formerly socialist economies; distinctive features of European
and Japanese economies and Third World societies. Prerequisites: ECON 201 and ECON
203.
ECON 409 Economic Development (3)
Theories and policies of economic development; role of international institutions; impact of
international trade policy, international capital flows, exchange rate policies, inflation, public
finance, monetary policy, competitiveness, military expenditures; agriculture, population, and
the environment. Prerequisites: ECON 201, ECON 203, and MATH 201.
ECON 429 Environmental and Energy Economics (3)
The course will examine the principles, policy instruments, and current practice of using
economics to analyze various environmental and natural resource problems, especially
the economics of energy. It will address the study of environmental protection, resource
conservation, evaluation of environmental costs and benefits, and optimal management of
energy resources. Prerequisites: ECON 201 and ECON 203. Senior class standing.
ECON 452 Introduction to Econometrics (3)
Review of econometric statistics and statistical techniques; the application of statistical models
to economic data; regression analysis and estimation of economic models; the question of
violations of the basic assumptions of the regression model, dummy variables and analysis of
variance; index numbers and time series analysis. Prerequisites: MATH 201 and STAT 201.
ECON 470 Internship in Economics (1 - 6)
An internship experience with the requirement that the student write a report or summarizing
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