Economic behavior of consumers/firms in domestic/international markets. Demand, supply, competition. Efficiency, Invisible Hand. Monopoly, imperfect competition. Externalities, property rights. Economics of public policy in environment/health/safety. Public goods, tax policy.

Economic behavior of consumers/firms in domestic/international markets. Demand, supply, competition. Efficiency, Invisible Hand. Monopoly, imperfect competition. Externalities, property rights. Economics of public policy in environment/health/safety. Public goods, tax policy. prereq: Honors student, proficiency in high school algebra

Microeconomic behavior of consumers, firms, and markets in domestic and world economy. Demand and supply. Competition and monopoly. Distribution of income. Economic interdependencies in the global economy. Effects of global linkages on individual decisions. prereq: knowledge of plane geometry and advanced algebra

Unemployment/inflation, measures of national income, macro models, fiscal policy/problems. Taxes and the national debt. Money/banking, monetary policy/problems. Poverty and income distribution. International trade and exchange rates. Economic growth/development. prereq: 1101 or Econ 1101

Aggregate consumption, saving, investment, and national income. Role of money, banking, and business cycles in domestic and world economy. International trade, growth, and development. U.S. economy and its role in the world economy. International interdependencies among nations. prereq: [1101 or equiv], knowledge of plane geometry and advanced algebra

Consumer/producer decisions. Theory of supply/demand. Markets, pricing, investment, effect regulation, market failures. prereq: [[1101 or ECON 1101 or 1101H or ECON 1101H], [MATH 1142 or MATH 1271]] or instr consent; intended for undergrads in [Ag/Food Bus Mgmt, Appl Econ]

Microeconomic theory, its application to managerial problems. Introduction to regression analysis, demand analysis, demand function estimation, forecasting, cost function estimation, resource allocation decisions, linear programming, market structure, pricing policy, risk analysis, investment analysis. prereq - ApEc 3001 or Econ 3101 AND SCO 2550 or Stat 3011

This course covers the core topics in macroeconomics including monetary policy, fiscal policy (including government expenditures and taxation), output, output growth, interest rates, exchange rates, inflation, expectations, GDP accounting, and balance of payments statements. The course modality alternates between in person and remote, depending on the semester and instructor. prereq: [[1102 or Econ 1102], [3001 or Econ 3101]] or instr consent

Indicators of economic development, growth in trade, and welfare of developing countries. Globalization. Drivers of growth, productivity, technical change, and research. Comparative advantage. Distribution consequences of trade. Trade policy instruments/institutions. prereq: [1101 or ECON 1101], [1101H or ECON 1101H], [1102 or ECON 1102], [1102H or ECON 1102H]; 3001, 3006 recommended

Characteristics and performance of peasant agriculture; potential role of agriculture in economic development, and design of economic policies to achieve agricultural and economic development; role of women in agricultural development. prereq: 1101, 1102, Econ 1101, 1102, or instr consent

Introduction to use of systems thinking for exploration of problems in contemporary food system from multidisciplinary perspective. System concepts. Historical evolution of food system. Analysis, management, design.

Economic concepts related to marketing agricultural commodities. Conditions of competitive markets, historical perspectives on market institutions/policy, structural characteristics of markets, policies/regulations affecting agricultural marketing of livestock, crop, and dairy products. prereq: 1101 or Econ 1101

Concepts of resource use. Financial/economic feasibility. External effects, market failures. Resource use, environmental problems. Measuring impacts of resource development. Economics of alternative resource programs, environmental strategies. prereq: 1101 or ECON 1101 or 1101H or ECON 1101H

Development patterns. Role of resources, transportation, and institutional constraints. Migration, investments in growth and change. Economic information in investment and location decisions. Economic development policies and tools. Economic impact analysis. prereq: 3006 or ECON 3102 or instr consent

Theoretical foundations of labor markets. Intertemporal/household labor supply. Demand for labor, efficiency wages. Human capital theory, unemployment, migration decisions. Analysis of econometric research applied to labor policy issues such as minimum wage, tax policy, social insurance, education. prereq: [[3001 or Econ 3101 or PA 5021], [PA 5032 or equiv]] or instr consent

This is a topics course which changes from year to year. This year we will consider the relationship between famines and armed conflict. The general supposition (conventional wisdom) is that famines are the result of the forces of nature – floods, droughts, and earthquakes. In fact, the evidence supports the argument that famines result from the actions of man to do harm to others. We will consider a variety of cases including the Irish Famine of the 19th Century, the hunger after the conclusion of World War II, and the Bengal Famine of 1948. prereq: 3001 or Econ 3101

This course covers the economic effects of science and technology policies, such as intellectual property rights. The course considers the effects of policies on: (1) the economic growth and development levels of countries; (2) the international technology transfers that occur between countries through trade, foreign direct investment, and licensing arrangements; and (3) differences in the economic welfare of developed and developing countries. prereq: APEC 3001 or ECON 3101 or instr consent

Economics of research and development. Technical change, productivity growth. Impact of technology on institutions. Science and technology policy. prereq: 3002 or [Econ 3101, Stat 3022]; Econ 4211 recommended

This course provides a multi-disciplinary look at problems (and some of the possible solutions) affecting food production, distribution, and requirements for the seven plus billion inhabitants of this planet. It is co-taught by a plant geneticist (Morrell) and an economist (Runge) who together have worked on international food production and policy issues for the past 40 years. Historical context, the present situation and future scenarios related to the human population and food production are examined. Presentations and discussions cover sometimes conflicting views from multiple perspectives on population growth, use of technology, as well as the ethical and cultural values of people in various parts of the world. The global challenge perspective is reflected in attention to issues of poverty, inequality, gender, the legacy of colonialism, and racial and ethnic prejudice. Emphasis is placed on the need for governments, international assistance agencies, international research and extension centers, as well as the private sector to assist in solving the complex problems associated with malnutrition, undernutrition, obesity, and sustainable food production. Through a better understanding of world food problems, this course enables students to reflect on the shared sense of responsibility by nations, the international community and ourselves to build and maintain a stronger sense of our roles as historical agents. Throughout the semester students are exposed to issues related to world food problems through the lenses of two instructors from different disciplinary backgrounds. The core issues of malnutrition and food production are approached simultaneously from a production perspective as well as an economic and policy perspective throughout the semester. This is a Grand Challenge Curriculum course. GCC courses are open to all students and fulfill an honors experience for University Honors Program students.

Major socio-economic challenges that confront post-independence sub-Saharan African countries in quest for sustainable economic development/growth. Causes of persistent poverty/inequality, role of institutions/multinational agencies. Growth in 21st century. prereq: 1101 or ECON 1101

Major socio-economic challenges that confront post-independence sub-Saharan African countries in quest for sustainable economic development/growth. Causes of persistent poverty/inequality, role of institutions/multinational agencies. Growth in 21st century. prereq: APEC 1101 or ECON 1101