Graduate Course Offerings
ECON 605. Macroeconomic Theory. (3)
Three hours lecture.
Prerequisites: Admission to the M.S. in International Economics
program, or graduate status and ECON 305 (or equivalent).
The course will focus on theories dealing with the determination of
national output, measurement of national income, causes of unemployment
and inflation, and the forecasting of growth and short-term interest rate
fluctuations. A special emphasis will be placed on the impact that
exports, imports, and exchange rates have on macroeconomic indicators.
ECON 606. Microeconomic Theory. (3)
Three hours lecture.
Prerequisites: Admission to the M.S. in International Economics
program, or graduate status, ECON 306 (or equivalent) and MATH 151 (or
equivalent).
The course analyzes the behavior of consumers and firms, and how the
interaction of the two determines prices in a market economy. It studies
the role of prices in allocating consumer and producer goods, in
distributing incomes, and in effecting efficient combinations of
resources in production. The welfare implications of the production,
exchange, and distribution prices are also examined.
ECON 621. Applied Econometrics. (3)
Three hours lecture.
Prerequisites: Admission to the M.S. in International Economics
program, or graduate status, STAT 205 (or equivalent) and MATH 151 (or
equivalent).
Course coverage includes the use of statistical methods in order to test
economic hypotheses and to estimate parameters. Special emphasis will be
placed on applied econometric studies utilizing both cross section and
time series data. Problems associated with multiple regression analysis
will be explored in depth. Other topics include specification errors and
missing data, multicollinearity, autocorrelation, heteroscedasticity,
lagged dependent variables, forecasting, and models of qualitative
choice. Students will become familiar with the basic computer models,
data bases, and programs used in the profession.
ECON 641. International Trade Theory and Policy. (3)
Three hours lecture.
Prerequisites: Admission to the M.S. in International Economics
program, or graduate status and ECON 306 (or equivalent).
This course will examine theories of the causes and consequences of
international trade. The policy implications of each theory will be
explored and the impact of various trade policy instruments on the world
economy will be analyzed.
ECON 642. International Monetary Theory. (3)
Three hours lecture.
Prerequisites: Admission to the M.S. in International Economics
program, or graduate status and ECON 305 (or equivalent).
This course will focus on balance of payments accounting systems, various
systems of exchange rate determination in the context of both theory and
practice, and international monetary policy recommendations and
practices. Also, the history of the international financial system will
be studied from the demise of the gold standard, Bretton Woods, and a single
currency for the EC, to the development of the internal/external Third
World debt crisis, and to the present.
ECON 643. International Economic Institutions. (3)
Three hours lecture.
Prerequisites: Admission to the M.S. in International Economics
program, or graduate status and ECON 305 (or equivalent).
The course will describe important international institutions such as the
IMF, World Bank, Multinational Corporations, The European Economic
Community, and the Organization of Petroleum Exporting Countries.
Emphasis will be placed on the impact of these organizations on the
economic competitiveness of U.S. firms.
ECON 662. International Industrial Organization. (3)
Three hours lecture.
Prerequisites: Admission to the M.S. in International Economics
program, or graduate status and ECON 306 (or equivalent).
This course examines productive and allocative institutions in addition
to the market. Focus will be on the structure, conduct, behavior and
performance of firms and industries in the international arena. Emphasis
will be placed on approaches that extend and/or complement neoclassical
theory (e.g. behavioralist, neo-Ricardian, post-Keynesian).
ECON 651. Managerial Economics. (3)
Three hours lecture.
Prerequisites: Admission to the M.S. in International Economics
program, or regular MBA Admission status.
Study of selected topics in economic theory and their application to
management problems. Topics include demand and supply, revenues,
elasticity, production and cost, incremental decision making, market
structure and pricing and investment analysis. Elementary quantitative
methods are developed and utilized.
ECON 672. Collective Bargaining. (3)
Three hours lecture.
Prerequisites: Graduate standing.
Explores nature of collective bargaining in the United States and deals
with the process of negotiating agreements. Emphasis on practical
decision making in solving problems under the collective bargaining
contract; employs considerable case material in labor law and arbitration.
ECON 673. Financial Institutions and Monetary Policy. (3)
Three hours lecture.
Prerequisites: Graduate standing.
Deals with general and specialized roles of financial institutions as
well as their structure, regulation, markets, and sources of funds.
Monetary theory explained with particular emphasis on its effects on
financial markets.
ECON 695. Current Topics in Economics. (3:3)
Three hours lecture.
Prerequisites: Graduate standing.
Investigates topics of current and continuing interest not covered in
regularly scheduled graduate courses. Topics are announced with each
offering of course. May be taken twice for a total of six semester hours
credit.
ECON 675. International Environmental Economics. (3)
Three hours lecture.
Prerequisites: Admission to the M.S. in International Economics
program, or graduate status and ECON 306 (or equivalent).
This course examines the nature, origin, and classification of
trans-boundary environmental problems, as well as policies and
international accords designed to deal with such problems. The effects of
environmental policies and problems on the rate and sustainability of
growth are also analyzed.
ECON 680. International Labor Markets and Institutions. (3)
Three hours lecture.
Prerequisites: Admission to the M.S. in International Economics
program, or graduate status and ECON 306 (or equivalent).
This course is concerned with examining the operation of labor markets
and related institutions, and employment policies across industrialized
and non-industrialized countries. Students will also study the
interrelationships among individual countries' labor markets and
institutions, especially with regard to structures and policies that
encourage and/or restrict labor migration in the global economy.
ECON 698. Directed Study. (2-5)
Hours and credits to be arranged.
Prerequisites: Eligibility for admission to candidacy and approval of
the dean of the Graduate College.
Semi-autonomous independent research on an economic topic of interest to
the student. Provides the student with an opportunity to develop
conceptual sophistication on a specific topic.
ECON 699. Research and Thesis. (6)
Hours and credits to be arranged with the approval of the student's
thesis supervisor, adviser, department chairperson, and the dean of the
Graduate College.
For a description of undergraduate-level courses, please consult the Radford University Department of Economics Undergraduate Course Listings.
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Originally written by Charles Fulcher.
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