2003-2005 - Graduate School - The University of Alabama

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Economics Course Descriptions241EC 530 International Economics. Three hours.Prerequisite: EC 430 or equivalent.Analysis and policy implications relating to the international movement of goods,resources, and fi nancial 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 de ter mi na tion, in ter na -tion al financial institutions, and the management of the risks associated with internationalbusiness.EC 540 The Theory of Economic Development. Three hours.A comprehensive study of classical and modern theories of economic progress. Par tic u laremphasis is given to the less 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 thepresent.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 theoryand 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 de vel op mentof 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. or M.S.C. 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 includesdemand and supply analysis, marginal analysis, and the monopolistic and competitivestructure 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 dynamicanalysis of cyclical fl uctuations, 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 topicsare examined, with special emphasis on recent developments.EC 615 Distribution Theory. Three hours.Prerequisite: Graduate standing.Analysis of welfare economics as applied to income and wealth distributions. Methodsof measuring and evaluating poverty, inequality, growth, income mobility, and redistributivepolicies.EC 616 Seminar in Mon e tary Eco nom ics (same as FI 616). Three hours.Prerequisite: EC 516 or equivalent.Selected topics in contemporary monetary theory, with emphasis on determination ofthe value of money and the effectiveness of monetary policies.EC 622 Seminar in Public Finance (same as FI 622). Three hours.Prerequisite: EC 581 or equivalent.A seminar on recent developments in public economics, with emphasis on the theory oftaxation including tax incentives and tax incidence.
242 The University of AlabamaEC 623 Public Expenditure and Policy Analysis. Three hours.Prerequisite: EC 510 or equivalent.A survey of the public-economics literature, with emphasis on the theory of public goods,public choice, and income distribution policies.EC 630 International Trade Theory. Three hours.Prerequisite: EC 610 or permission of the instructor.A survey of selected topics in international trade with emphasis on the basis for tradeand the welfare effects of trade policy.EC 631 Seminar in In ter na tion al Finance (same as FI 631). Three hours.Prerequisite: EC 531 or equivalent.A survey of the most important professional literature dealing with international fi nancialmanagement.EC 640 Theory of Risk and Insurance (same as FI 640). Three hours.Prerequisite: Graduate standing.Foundation of insurance in risk theory and its problems and practices.EC 641 Seminar in the In ter na tion al Eco nom ics of Development. Three hours.Prerequisite: EC 430, EC 440, or equivalent.Consideration of advanced literature in international economics, with emphasis onthose issues that relate to less developed countries: trade, multinational enterprise,and external debt problems.EC 650 Seminar in Economic Thought. Three hours.Prerequisite: EC 550 or equiv a lent.An examination of the literature on economic analysis and policy. The course aims atestablishing a synthesis of evolving doctrines that have become, and are formulating,the basis of accepted economic theory and policy.EC 653 Comparative Economic Systems. Three hours.A comparative analysis of market and non-market theoretical economic systems fromthe viewpoint of economic welfare.EC 660 Game Theory. Three hours.Prerequisites: EC 610 and EC 470.An introduction to non-cooperative game theory. Emphasis on applications in mi cro eco -nom ics and macroeconomics.EC 671 Seminar in Econometrics. Three hours.Prerequisite: EC 571 or equivalent.A study of selected topics and problems in econo met rics emphasizing methodology foreconomic research measurements.EC 672 Financial Econometric Modeling. Three hours.Prerequisite: EC 571 or ST 570.The application of econometric time-series methods to fi nancial data. GARCH, nonlinearand cointegration models will be emphasized.EC 698 Research in Economics. Three hours.These courses consist of supervised study and investigation of specifi c problems ineconomics. They are open only to graduate students nearing completion of courseworkfor the degree.EC 699 Dissertation Research. Variable credit. Three-hour minimum.
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2003-2005 - Graduate School - The University of Alabama

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