Bulletin 2007-2008 - Austin College

ECONOMICS AND BUSINESS ADMINISTRATIONcurrent United States income tax system isexamined, and possible alternatives are considered.Prerequisite: Economics 301. (Offered onan occasional basis)474 Labor EconomicsThe study of human resources in the Americaneconomy, including an examination ofsuch issues as worker training, education,productivity, discrimination, unemployment,market structures, wages, and public policy.Prerequisite: Economics 301. (Offered on anoccasional basis)481 International Trade and PolicyThe study of the gains from free trade resultingfrom differences in comparative costs underbarter, flexible exchange rates, and a goldstandard payments system; the differentialconsequences of import and export quotas,tariffs, and subsidies on economic welfareand income distribution; the effects of variousmonetary and fiscal policy combinations onthe structure of the balance of payments andintergenerational equity; and an evaluation ofcurrent United States’ policies and institutions.Prerequisite: Economics 301. (Each spring)482 Capital Markets(see Business Administration 482)483 Student Investment Fund(see Business Administration 482)485 The History of Economic ThoughtA systematic survey of the evolution of economictheory and methodology from ancienttimes through the 20th century. Attention givento the intellectual and historical background ofboth mainstream (orthodox) economics and thehistorical reaction against the mainstream (heterodox)economics. Emphasis also placed onhow the field of economics is related to otherareas in the sciences, social sciences, and thehumanities. Prerequisite: Economics 111, 301,302, and one other economics course. (Everyother spring)490 Independent Study491 Economics Honors Thesis492 Independent StudyOff-Campus/NSOC493 Seminar in Economics and BusinessThe study of significant contemporary problemsin economics and business. May be repeatedwhen topic varies.495 Senior SeminarRequired of all economic majors. Studentsparticipate in a seminar concerned with differenttopics in economic theory, the applicationof theory to policy issues, and empirical studies.Each student will propose, write, and orallydefend a research paper. Prerequisite: Graduatingsenior status in Economics or InternationalEconomics and Finance or permission of instructor;Economics 301, 302; Social Science120 or Mathematics 120. (Each spring)INTERNATIONALECONOMICS AND FINANCEA major in international economicsand finance consists of Economics111, 234 or BA 368, ECO 301, 302,361, 471, 481; either Mathematics120 or Social Science Statistics 120;Mathematics 151; Business Administration261; and either Economics 495or Business Administration 495. Inaddition, the major must complete asemester of study or an approved internshipoutside the United States anddemonstrate ability in another modernlanguage the equivalent of one coursebeyond the intermediate sequence.ENGLISHCarol Daeley, chair; Peter Anderson,Alessandro Garganigo, Jim Gray, GregKinzer, Robyn Malo, Roger PlatizkyKelly Hudgins and Madhuparna Mitra(Adjuncts)Robert Barrie, Jack Jernigan, JerryLincecum, Peter Lucchesi, and WilliamMoore (Emeriti)The English curriculum introducesstudents to a wide range of literaturesthrough which they experience thepleasures of reading and the eloquenceand power of language and story. Thecurriculum also introduces studentsto the historical and cultural traditionsthat inform the discipline and to basiccritical principles of reading and in-104 |COURSES OF INSTRUCTION