University of Rochester
Summer Sessions 2008

ECONOMICS

ECO 108—4 credits
Principles of Economics

Session A-6wk (May 19–June 27)
TWR 6 p.m.–8:55 p.m.; Meliora 208
CRN 13441; Staff

This course will cover the fundamentals of microeconomic and macroeconomic theory, with applications. ECO 108 is a preparation for subsequent economic courses.

ECO 207—4 credits
Intermediate Microeconomics

Session A-6wk (May 19–June 27)
TWR 6 p.m.–8:55 p.m.; Meliora 221
CRN 13453; Staff

Session B-6wk (June 30-August 8)
TWR 6 p.m.–8:55 p.m.; Meliora 221
CRN 13464; Staff

In this course we will discuss economic equilibrium under competition and monopoly, and the distribution of wages, rent, interest, and profits. Prerequisite: ECO 108.

ECO 209-4 credits
Intermediate Macroeconomics

Session A-6wk (May 19-June 27)
TWR 9 a.m.-11: 55 a.m.; Hylan 305
CRN 19485; Staff

National income accounting concepts and their changes and fluctuations, as explained by theories of income determination, will be discussed. Prerequisite: ECO 207.

ECO 211-4 credits
Money, Credit & Banking

Session A-6 (May 19-June 27)
TWR 9 a.m.-11:15 a.m.; Hylan 203
CRN 13488; Staff

National income accounting concepts and their changes and fluctuations, as explained by theories of income determination, will be discussed. Prerequisite: ECO 207.

ECO 230—4 credits
Economic Statistics

Session A-6wk (May 19–June 27)
TWR 1 p.m.–3:55 p.m.; Morey 321
CRN 13497; Staff

Session B-6wk (June 30-August 8)
TWR 1 p.m.-3:55 p.m.; Harkness 115
CRN 13503; Staff

This course is an introduction to the probability and statistical theory underlying the estimation of parameters and testing of hypotheses in economics. Linear correlation and simple regression analysis will also be introduced. Students will use computers to analyze economic data. Prerequisites: Students should have taken or currently be taking Math 141 or higher.

ECO 231W—4 credits
Econometrics

Session A-6wk (May 19–June 27)
TWR 1 p.m.–3:55 p.m.; Meliora 221
CRN 13512; Staff

Session B-6wk (June 30-August 8)
TWR 6 p.m.-8:55 p.m.; Meliora 208
CRN 13529; Staff

Regression analysis, applied to time series and cross-section data, simultaneous equations and analysis of variance will be discussed. Students must also register for the associated recitation section. Prerequisites: ECO 207 and one course of STT 165, 201 or ECO 230.

ECO 269—4 credits
International Trade

Session A-6wk (May 19–June 27)
TWR 9 a.m.–11:55 a.m.; Harkness 210
CRN 13530; Staff

This course will cover trade patterns and comparative advantage; commercial policy and the distribution of gains from trade; and the balance of payments problems. Prerequisite: ECO 207.

ECO 288-4 credits
Game Theory

Session B-6wk (June 30-August 8)
TWR 9 a.m.-11:55 a.m.; Hylan 203
CRN 13548; Staff

Game theory, despite its frivolous-sounding name, gives us a unified approach to understanding social phenomena. It helps us understand not just the way people play games in the usual sense, like tic-tac-toe, chess or poker, but the way they behave in complex social situations as well.

Examples of situations to which we will apply the theory include (but are not limited to): arms races, provision of public goods, competition between films, electoral campaigns, voting, auctions, and bargaining. There are no formal prerequisites, but some aptitude for logical or mathematical reasoning is desirable.

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