Undergraduate Courses

Undergraduate

ECN3664 - COLLEGE FED CHALLENGE

COLLEGE FED CHALLENGE

ECN3664 COLLEGE FED CHALLENGE
2 Advanced Liberal Arts Elective Credits


This course exposes selected students to a rigorous exploration of advanced macroeconomic and monetary economic concepts, with a special emphasis on the conduct of monetary policy by the U.S. Federal Reserve. During the semester, students will research appropriate economic topics and make policy oriented presentations. All aspects of the course will emphasize teamwork. The culminating experience of the course will be participation in the College Fed Challenge where students will present a fifteen minute monetary policy recommendation to a panel of local economists at the Federal Reserve Bank of Boston. The presentation is followed by a 15 minutes question and answer session.

Prerequisites: ECN3615

2 credits

ECN3665 - INTERNATIONAL FINANCE

INTERNATIONAL FINANCE

ECN3665 INTERNATIONAL FINANCE
4 Advanced Liberal Arts Elective Credits


The global financial system provides the framework for trade and capital flows among countries. It has experienced severe disruptions in recent years from structural and policy changes that are transmitted globally through exchange rates and investment flows. This course provides broad and deep exposure to the (a) global financial institutions and markets, (b) quantitative and analytical tools, which are valuable for firms operating in the global marketplace, and (c) the costs and benefits of living in an increasingly interdependent world. This is a very valuable course for anyone with international interests and/or anyone who would like to work in a globally oriented job.

This course is typically offered in the following semesters: Fall, Spring


Prerequisites: ECN2000

4 credits

ECN3667 - STRATEGIC GAME THEORY

STRATEGIC GAME THEORY

ECN3667 STRATEGIC GAME THEORY
4 Advanced Liberal Arts Elective Credits


Game theory provides a simple, but rich, framework for analyzing once-off and repeated interplay between people or firms, where the manner in which each reacts depends upon the other,s reaction: strategic interaction. These interactions occur in markets, in organizations, and in the household. This course-through lectures, experiential learning, and computer simulations-will provide students with an understanding of many interactions they may encounter in their business and personal lives; including price wars, public policy, the value of cooperation interactions, and the value of information.

This course is typically offered in the following semesters: Fall, Spring


Prerequisites: SME2031

4 credits

ECN3671 - ECONOMICS OF THE LABOR MARKET

ECONOMICS OF THE LABOR MARKET

ECN3671 THE ECONOMICS OF LABOR MARKETS
4 Advanced Liberal Arts Elective Credits


Labor earnings provide over sixty percent of household income in the United States, driving the U.S. economy just as labor drives economies around the globe. The theoretical foundations for analyzing labor demand and supply will be the starting point for examining a range of labor market topics such as human capital investment, wage determination and inequality, the impact of robotics and artificial intelligence on employment, the choice between work and household production, the effect of unions on the labor market, labor mobility and migration, labor market discrimination, and the effects of taxation, regulation, unemployment insurance and other government policies on labor market outcomes.

This course is typically offered in the following semesters: Spring


Prerequisites: SME2031

4 credits

ECN3675 - ENVIRONMENTAL ECON-POLICY AND ANALYSIS

ENVIRONMENTAL ECON-POLICY AND ANALYSIS

ECN3675 ENVIRONMENTAL ECONOMICS - POLICY AND ANALYSIS
4 Advanced Liberal Arts Elective Credits


Avoiding environmental catastrophe in the next century requires that business leaders and policy makers value, both inherently and quantitatively, the impact of production and consumption choices on natural resources and the environment. Students in this course will consider the tension between the resource needs of current versus future generations and will use microeconomic models to analyze non-renewable energy resources, our access to clean water and our ability to control pollution, among other topics. Students will leave this course knowing how to evaluate economic and environmental tradeoffs in the context of the most pressing resource issues, and understanding the impact of potential policies that affect environmental outcomes, including market-based approaches.

This course is typically offered in the following semesters: Spring


Prerequisites: ECN2000 and SME2031

4 credits

ECN3677 - REGIONAL ECONOMIES: PROSPECTS AND TENSIONS IN LATIN AMERICA'S SOUTHERN CONE

REGIONAL ECONOMIES: PROSPECTS AND TENSIONS IN LATIN AMERICA'S SOUTHERN CONE

ECN3677 REGIONAL ECONOMIES - PROSPECTS AND TENSIONS IN LATIN AMERICA,S SOUTHERN CONE
4 Advanced Liberal Arts Credits


Program fee and group international airfare is paid to Glavin Office - program fee includes accommodations, breakfast, airport transport, group round-trip flight from Boston to Uruguay/Argentina, ferry transportation from Uruguay to Argentina, program planned meals, and cultural excursions. Not included: tuition, visa costs, additional meals and personal expenses.

This course provides an introduction to the Latin American business environment, with special focus on Uruguay and Argentina. In Uruguay, we explore the dilemmas of the country's contrasting development opportunities, promoting tourism and sustainable enterprise built on its natural beauty, while pressured to accept environmentally threatening extractive industry investments in mining, pulp, and petroleum. Additional themes include environmental and water rights debates, regional infrastructure investment, and review of South-South trade initiatives. In Argentina, we examine the country's emergence from the volatile swings of agricultural commodity booms, international debt, and financial turbulence. We explore the challenges of the recently elected Macri government to promote economic development through entrepreneurial initiative directed by market fundamentals. What happens when entrepreneurs design government policy and roll back the state? In addition we examine regional e-business competition, the "Tango" as a cultural artifact of early economic development, concluding with an appraisal of the region's prospects in the wake of the adversity of a global financial crisis. We will explore these Southern Cone economies through extensive country site visits and classroom sessions at host institutions, Universidad ORT (Uruguay) and Universidad San Andrs (Argentina).

Prerequisites: SME2031 and ECN2000

4 credits

SME2031 - PRINCIPLES OF MICROECONOMICS

PRINCIPLES OF MICROECONOMICS

SME2031: Microeconomics
Intermediate Core (3 credits)

Microeconomics examines the decisions made by consumers, firms and governments in allocating scarce resources. Raw materials are not available in infinite quantities; neither are human labor and productive capital. Managers must deal with real-world constraints in making decisions about production and pricing, while consumers are subject to the constraints of income and prices in satisfying their needs and wants. Governments must set basic rules for an economy, provide certain goods and services, and deal with issues of taxation, income distribution and inequality when determining how a country's resources will be used and who benefits from those resources. The Microeconomics curriculum introduces us to the rules and principles that help guide allocation decisions, and focuses particularly on the role of markets.

Prerequisites: None

3 credits