2007-09 - Graduate School - The University of Alabama

Graduate Catalog: Section 7.6.2http://graduate.ua.edu/catalog/18700.htmlgovernmental policies affecting markets.EC 513 Macroeconomic Policy. Three hours.Prerequisite: Admission to the M.B.A. program and ST 260, MATH 121 or MATH 125 or equivalent.A survey of the analytical techniques used by economists to forecast the macro- and micro-levels of economic activityand the effects of public policy on the economy.EC 516 Monetary Theory and Policy (same as FI 516). Three hours.Prerequisites: EC 508 and EC 509 or equivalents.Theoretical and empirical analysis of the money supply process, the demand for money, the impact of money on theeconomy, and the implementation of monetary policy.EC 523 Public Finance. Three hours.Prerequisites: EC 508 and EC 470.Study of the principles of taxation, government expenditures, borrowing, and fiscal administration.EC 530 International Economics. Three hours.Prerequisite: EC 430 or equivalent.Analysis and policy implications relating to the international movement of goods, resources, and financial assets.EC 531 International Finance (same as FI 531). Three hours.Prerequisite: EC 430 or equivalent.An examination of the foreign exchange market, exchange rate determination, international financial institutions, andthe management of the risks associated with international business.EC 540 The Theory of Economic Development. Three hours.A comprehensive study of classical and modern theories of economic progress. Particular emphasis is given to theless developed countries and to the role of institutions.EC 550 Survey of Development of Economic Thought. Three hours.A study in the development of economic ideas, from the classical writers down to the present.EC 570 Mathematical Economics (same as FI 570). Three hours.Prerequisite: EC 470 or equivalent.An introduction to mathematical tools commonly used in advanced economic theory and econometrics.EC 571 Econometrics. Three hours.Prerequisite: EC 570 or equivalent.Corequisite: ST 551 or equivalent.A quantitative analysis of actual economic phenomena based on the current development of theory and observation,related by appropriate methods of inference.EC 591 Independent Study. Variable credit.EC 597 Special Topics in Economics. Variable credit.EC 598 Introduction to Economic Research. Variable credit.EC 599 M.A. Thesis Supervision. Variable credit.EC 610 Seminar in Microeconomic Theory. Three hours.Prerequisite: Graduate student status and permission of the instructor.An advanced study of the modern theory of value and price. The seminar includes demand and supply analysis,marginal analysis, and the monopolistic and competitive structure of markets.EC 611 Seminar in Macroeconomic Theory. Three hours.Prerequisite: Graduate student status and permission of the instructor.Selected topics in contemporary macroeconomic theory, with emphasis on dynamic analysis of cyclical fluctuations,stabilization policies, and growth.EC 612 Seminar in Industrial Organization. Three hours.Prerequisite: EC 512 or equivalent.A survey of selected topics in industrial organization. Both theoretical and applied topics are examined, with specialemphasis on recent developments.EC 615 Distribution Theory. Three hours.Prerequisite: Graduate standing.Analysis of welfare economics as applied to income and wealth distributions. Methods of measuring and evaluatingpoverty, inequality, growth, income mobility, and redistributive policies.EC 616 Seminar in Monetary Economics (same as FI 616). Three hours.Prerequisite: EC 516 or equivalent.Selected topics in contemporary monetary theory, with emphasis on determination of the value of money and the