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Economics

In the College of Arts and Letters

Office: Nasitir Hall 305
Telephone: (619) 594-1675




The Major

Advising

Economics Major
With the B.A. Degree in Liberal Arts and Sciences(Major Code: 22041)

Emphasis in International Economics

Economics Minor

Courses

Faculty

Emeritus: Anderson, Babilot, Barckley, Flagg, Gifford, Jencks, Leasure, Neuner, Poroy, Sebold, Turner

Chair: Boddy

Professors: Adler, Boddy, Clement, Frantz, Green, Grossbard-Shechtman, Kartman, Madhavan, Nam, Popp, Stewart, Thayer, Venieris

Associate Professors: Gerber, Hambleton, Steinberg

Assistant Professors: Kazimi, Taylor

Offered by the Department

Master of Arts degree in economics.

Major in economics with the B.A. degree in liberal arts and sciences.

Emphasis in international economics.

Minor in economics.

The MajorTop of Page

Economics is the science which studies the production, distribution, and consumption of goods and services. Economics majors explore how producers, distributors, and consumers make their decisions. Majors also analyze the events that shape and result from these decisions. Inflation, unemployment, taxation, money and banking, efficiency, international exchange, and growth are some of the many parts of this complex system studied through the economics major at SDSU.

The curriculum in economics satisfies a wide range of career goals and student interests. Majors may find employment in government positions, financial institutions, business firms, and international agencies. The combination of an economics major with a business minor provides a foundation for a variety of careers. And, students interested in studying the developing nations, the environment, government policies, or population will find that economics is a useful approach.

Many beginning positions in business and government are available to students with a bachelor's degree in economics. A graduate may find employment as a research, statistical, data, or pricing analyst. There are management trainee positions with banks, savings and loan associations, or other lending institutions. Economics majors may also be employed as sales representatives for firms which produce both "high tech" and consumer-related goods. A student contemplating graduate study in the field of economics should consider a career as an economics consultant, or as an economist for banks, investments, or industry.

Advising Top of Page

All College of Arts and Letters majors are urged to consult with their department adviser as soon as possible; they are required to meet with their department adviser within the first two semesters after declaration or change of major.

Economics Major Top of Page

With the B.A. Degree in Liberal Arts and Sciences
(Major Code: 22041)

All candidates for a degree in liberal arts and sciences must complete the graduation requirements listed in the section of this catalog on "Graduation Requirements." No more than 48 units in economics courses can apply to the degree.

A minor is not required with this major.

Preparation for the Major. Economics 101, 102, and either Economics 201 or Statistics 119; one course from Mathematics 120, 121, 150; and three units of Social Science 201 or Information and Decision Systems 180. (15-17 units)

Foreign Language Requirement. Competency (equivalent to that which is normally attained through three consecutive courses of college study) is required in one foreign language as part of the preparation for the major. Refer to section of catalog on "Graduation Requirements."

Upper Division Writing Requirement. Passing the University Writing Examination or completing one of the approved writing courses with a grade of C (2.0) or better.

Major. A minimum of 24 upper division units in economics to include Economics 320, 321, and 341, and 15 units of electives in economics. Students are encouraged to complete the required courses during their junior year. A maximum of three units of Economics 495 and a maximum of three units of Economics 499 will count toward the 24 upper division unit requirement.

The department strongly recommends that all majors consult an undergraduate adviser. The following program areas have been devised to aid students in selecting their upper division courses.

Economics of Business and Government: Students interested in preparing for operational positions in business or government are advised to take courses from among Economics 360, 380, 401, 421, 422, 452, 453, 454, 458, 474, 490, and 592.

General Economics: Students seeking a general background in the discipline are encouraged to take at least one course from each of the following: Economic History and Systems: Economics 311, 330, 336, 338; Human Resources: Economics 365, 380, 382, 489; International Economics: Economics 336, 360, 365, 382, 464, 465, 561, 565, 592; Public Issues: Economics 401, 422, 452, 453, 454, 458, 474, 489, 490.

Pre-Law: Students interested in preparing for law school are strongly recommended to take courses from among Economics 380, 401, and 490. Also recommended are Economics 330, 453, 454, and 474.

Theoretical Economics: Students interested in building a theoretical background in economics are advised to take courses in alternative economic theories, history of thought and quantitative economics to include Economics 307, 311, 330, 338, 360, 365, 380, 382, 421, 422, 453, 464, 474, 561, and 592.

Students considering graduate school should consult an adviser.

Emphasis in International Economics Top of Page

(Major Code: 22042)

Preparation for the Major. Economics 101, 102, and either Economics 201 or Statistics 119; one course from Mathematics 120, 121, 150; and three units of Social Science 201 or Information and Decision Systems 180. (15-17 units)

Foreign Language Requirement. Demonstrated competency at the ACTFL-ETS intermediate, mid-level, or a C or better in a three unit upper division foreign language course; four consecutive courses of college study in one foreign language, or demonstrated competency (intermediate-low) at that level.

Upper Division Writing Requirement. Passing the University Writing Examination or completing one of the approved writing courses with a grade of C (2.0) or better.

Major. A minimum of 27 upper division units in economics and three units in business to include Economics 320, 321, 341, and 490; three units from Economics 360, 561, or 592; six units from Economics 336, 464, 465, 565, or 496 in Pacific Rim economies or other international areas; three units from Economics 330, 365, or 489; three units from Economics 382, 453, 454, or 495 (international content of internship subject to departmental approval); and three units from Finance 329, Marketing 376, or Management 405. (Note: Some of the upper division business courses may require additional prerequisites.)

Economics Minor Top of Page

Prerequisites to the minor include one of the following: Economics 100, 101, or 102.

The minor in economics consists of a minimum of 15 units in economics, 12 units of which must be in upper division courses. Students must select their 12 upper division units from the economics courses in one of the four areas described in the major. In addition, students may include one of the following: Economics 320, 321, or 341 as appropriate to their chosen area.

Courses in the minor may not be counted toward the major, but may be used to satisfy preparation for the major and general education requirements, if applicable. A minimum of six upper division units must be completed in residence at San Diego State University.

CoursesTop of Page

LOWER DIVISION COURSES

100. Contemporary Economic Problems (3) I, II

Investigates economic bases for such current problems as inflation, unemployment, economic power, consumer protection, poverty, discrimination, urban and environmental deterioration, and international domination. Examines such policies as fiscal-monetary policy, tax reform and government controls and provision of services.

101. Principles of Economics (3) I, II, S (CAN ECON 2)

Principles of economic analysis, economic institutions, and issues of public policy. Emphasis on macroanalysis including national income analysis, money and banking, business cycles, and economic stabilization.

102. Principles of Economics (3) I, II, S (CAN ECON 4)

Principles of economic analysis, economic institutions, and issues of public policy. Emphasis on direction of production, allocation of resources, and distribution of income, through the price system (microanalysis); and international economics.

201. Statistical Methods (3) I, II

Prerequisites: Course in intermediate algebra and satisfaction of the Entry-Level Mathematics requirement.

Introduction to descriptive statistics, statistical inference, regression and correlation. Students with credit or concurrent registration in the following lower division statistics courses will be awarded a total of four units for the two (or more) courses: Biology 215; Economics 201; Engineering 140; Political Science 201; Psychology 270; Sociology 201; Statistics 119, 250.

296. Experimental Topics (1-4)

Selected topics. May be repeated with new content. See Class Schedule for specific content. Limit of nine units of any combination of 296, 496, 596 courses applicable to a bachelor's degree.

UPPER DIVISION COURSES
(Intended for Undergraduates)

307. Mathematical Economics (3)

Prerequisites: Economics 101, 102, and Mathematics 121 or 150.

Mathematical concepts as tools in understanding, developing and illustrating economic theories. Applications of calculus and linear equations to constrained optimization, macro models, elasticity, general equilibrium, and input-output analysis.

311. History of Economic Thought (3)

Prerequisites: Economics 101 and 102.

The development of economics. Contributions of schools of thought and individual writers are examined with regard to their influence on economic theory and policy.

320. Intermediate Macroeconomic Theory (3) I, II, S

Prerequisite: Economics 101 or Economics 100 with approval of department. Recommended: Mathematics 120 or 121 or 150.

Determination of output, income, unemployment, and inflation. Policies for economic stabilization and growth in an open economy.

321. Intermediate Microeconomic Theory (3) I, II, S

Prerequisite: Economics 102 or Economics 100 with approval of department. Recommended: Mathematics 120 or 121 or 150.

Behavior of consumers, firms and industries with respect to product and input markets. Price system and other models of economic decision making. Economic efficiency and welfare; property rights and externalities.

330. Comparative Economic Systems (3)

Prerequisites: Six units of economics to include Economics 102; and completion of the General Education requirement in Foundations II.B., Social and Behavioral Sciences. General Education prerequisite not required for Economics majors.

The economic aspects of laissez-faire and regulated capitalism, cooperatives, socialism, communism, nazism, fascism. Criteria for evaluating economic systems. The individual and government in each system. Planning in a liberal capitalistic society.

336. Economic History of Emerging Nations (3)

Prerequisite: Six units of economics to include Economics 101.

Evolution of economic organization, institutions, and policies of Africa, Asia, and Latin America. Regional emphasis will vary. Maximum credit six units.

338. Economic History of the United States (3)

Prerequisite: Six units of economics to include Economics 101.

American economic development and national legislation. Studies of agriculture, industry, the labor force, and national output.

341. Introduction to Econometrics (3) I, II

Prerequisites: Economics 101, 102, 201; Mathematics 120 or 121 or 150; Social Science 201 or Information and Decision Systems 180. Recommended: Economics 320 or 321.

Econometric techniques with emphasis on single-equation models. Applied skills learned through computer assignments.

360. International Economic Problems (3)

Prerequisites: Economics 101 and 102.

International problems, economic communities, organizations, and other selected topics.

365. Economics of Underdeveloped Areas (3)

Prerequisite: Six units of economics to include Economics 101.

The nature and causes of economic underdevelopment. Problems of and policies for the economic development of underdeveloped areas of the world.

380. Labor Problems (3)

Prerequisite: Six units of economics to include Economics 102.

Labor force and mobility, human capital, labor demand, discrimination, determination of compensation and employment, productivity, impact of labor organizations, labor disputes, and social legislation.

382. Economics of Marriage and the Family (3)

Prerequisite: Economics 102.

Microanalysis of marriage and divorce; labor supply and marriage; marriage and productivity, consumption and savings; macroanalysis of household structure and the economy.

401. Public Finance (3)

Prerequisites: Economics 101 and 102.

Principles and practices of taxation and public expenditures. Economic effects of public spending, debts and taxation. Financing social security and other services. Fiscal policy and prosperity. Relation to inflation and deflation. Special emphasis on social problems involved.

421. Applied Microeconomics (3)

Prerequisites: Economics 321 and Mathematics 120 or 121 or 150.

Consumer and producer behavior using mathematical optimization techniques. Mathematical approaches to oligopoly, bargaining theory and to policy issues.

422. Business Cycles (3)

Prerequisites: Economics 101 and 102.

Fundamental factors in economic fluctuations. Examination of business cycle theories, and various policy proposals for economic stabilization. A consideration of current economic conditions and an examination of methods employed in preparing national economic forecasts.

452. Economics of Energy Resources (3)

Prerequisite: Six units of economics.

Economic structure of energy supply in the United States: electric power, fossil fuels, nuclear energy. Economic potential of alternative energy sources. Public policy issues: oil imports and self-sufficiency; energy costs, conservation, and curtailment; energy growth and its environmental impact.

453. Economics and Ecology (3)

Prerequisites: Economics 101 and 102.

Relation of ecological problems to basic economic institutions. Examination of the apparent conflict between economic needs and ecological requirements. Economics of air, fresh water, ocean and land pollution, overpopulation and natural resource utilization. Investigation of possible solutions.

454. Economics of the Ocean (3)

Prerequisites: Economics 101 and 102.

Economic analysis of fisheries, seabed resources, shipping lanes, allocation of the coastal zone, and ocean pollution. Economic implications of alternative legal arrangements concerning the ocean.

458. Urban and Regional Economics (3)

Prerequisites: Economics 101 and 102.

Major influences on the economic conditions of urban and nonurban areas; specific urban problems including housing, land use, and growth. Discussion of San Diego problems.

464. Economic Problems of Latin America (3)

Prerequisites: Six units of economics to include Economics 101; and completion of the General Education requirement in Foundations II.B., Social and Behavioral Sciences. General Education prerequisite not required for Economics majors.

Economic development, institutions, and problems of Latin America in the context of a global economy.

465. Economic Problems of South and East Asia (3)

Prerequisites: Six units of economics to include Economics 101; and completion of the General Education requirement in Foundations II.B., Social and Behavioral Sciences. General Education prerequisite not required for Economics majors.

Economic development, institutions, and problems of China, India, and other developing countries in the region.

474. Industrial Organization (3)

Prerequisites: Economics 101 and 102.

Causes and implications of economic concentration and monopoly power. Evaluation of industry structure, conduct, and performance in terms of social and economic goals.

489. Economics and Population (3)

Prerequisites: Six units of economics to include Economics 102; and completion of the General Education requirement in Foundations II.B., Social and Behavioral Sciences. General Education prerequisite not required for Economics majors.

Relation of fertility, marriage, migration, and other dimensions of population to various economic factors affecting household behavior. Demographic measures and projections, application to product markets and to policies of developed and less developed countries.

490. Money and Banking (3) I, II, S

Prerequisites: Economics 101 and 102.

The elements of monetary theory. History and principles of banking with special reference to the banking system of the United States.

495. Economics Internship (3) Cr/NC I, II, S

Prerequisite: Consent of instructor.

Internship with business firms, nonprofit organizations and government agencies. Work done under joint direction of activity supervisor and instructor. Project report and internship conferences required. Maximum credit six units.

496. Experimental Topics (1-3)

Prerequisite: Consent of instructor.

Selected topics in economics. May be repeated with approval of the instructor. See Class Schedule for specific content. Limit of nine units of any combination of 296, 496, 596 courses applicable to a bachelor's degree. Maximum credit six units.

499. Special Study (1-3) I, II

Prerequisite: Consent of instructor.

Individual study. May be repeated for a maximum of six units. Maximum credit six units.

UPPER DIVISION COURSES
(Also Acceptable for Advanced Degrees)

561. International Trade (3)

Prerequisites: Economics 320 and 321.

Theory and policy of international trade with examples drawn from current issues. Models of determinants of trade. Free trade and protectionism. Trade and economic development. Trading blocs, the European community, GATT and U.S. trade policy.

565. North American Economic Relations (3)

Prerequisites: Economics 101 and 102. Recommended: Economics 360.

Socioeconomic development of U.S., Mexico, and Canada since World War II. Issues affecting the three countries' relations, including trade investment, technology, and international organizations and agreements.

592. International Monetary Theory and Policy (3)

Prerequisite: Economics 320 or 490.

International monetary spillovers from domestic macroeconomic policies. Foreign exchange markets and balance of payments. Fixed, flexible and managed exchange rates. Bretton Woods, international monetary fund, and world debt crisis.

596. Experimental Topics (3)

Prerequisite: Consent of instructor.

Intensive study in specific areas of economics. Topics to be announced in the Class Schedule. Limit of nine units of any combination of 296, 496, 596 courses applicable to a bachelor's degree. Maximum credit of six units of 596 applicable to a bachelor's degree. Maximum combined credit of six units of 596 and 696 applicable to a 30-unit master's degree.

GRADUATE COURSES
Refer to the Graduate Bulletin.



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