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Woods College of Advancing Studies


FALL 2016

ADEC 113201  Principles of Economics II / Macroeconomics
FULLY ONLINE COURSE. No day/times are specified; students must participate weekly per all communications and instructions from the professor; students must adhere to course schedule and submit weekly course work on time.
Course introduces national income determination and government policy. Topics include national income accounting, national income determination, employment, changes in supply and demand, uncertainties in a digital economy, money, interest rates, and inflation, fiscal and monetary
policy, international trade, and business cycle.
ONLINE, Aug 29–Dec 17, Aleksandar Tomic

ADEC 320101  Microeconomic Theory
Prerequisite: Principles of Economics
Course develops a theoretical framework to analyze two basic units, the consumer and the producer. This analysis is then employed to investigate the determination of price and output in various market situations, the implications for welfare and the construct of general economic equilibrium.
Mon 6:15–9:15, Aug 29–Dec 12, G. M. Rife

ADEC 337101  International Trade
This course introduces students to the leading questions in the field of international trade – such as, Why do countries trade? Who gains? Who loses out? The course explores the gains from trade, the impact of tariffs and non-tariff barriers to trade. The course also examines the justifications for trade protection, its effects on the economy, historical and contemporary U.S. trade policy and the economics of regional and multilateral trade agreements.
Students can be concurrently enrolled in the Econometrics course.
Thurs 6:15–9:15, Sept 1–Dec 15, Piyush Chandra

ADEC 351001  Mathematics for Economists
Prerequisite: Differential Calculus (Calculus 1).
This course introduces students to mathematical methods used in the analysis of economics and business problems. It focuses on multivariable calculus, optimization, and its economic applications. This includes optimization with equality constraints, utility maximization and consumer demand, and Kuhn-Tucker conditions. The course concludes with lectures on economic dynamics and the application of integral calculus to problems in investment and capital formation, present value analyses, and economic growth models.  This course is an upper-level Economics elective, and it also fulfills Calculus II requirement for MS in Applied Economics program.
Mon 6:15–9:15, Aug 29–Dec 12, Paul Garvey

ADEC 500201  Behavioral Economics: Emerging Perspective
Prerequisite: Principles of Economics
Why do people often behave in ways that are clearly not in their best interest? Integrating an understanding of human behavior into the more traditional economic models offers a fuller explanation of how behavior influences seemingly rational choices and suggests ways to optimize decision-making. This course explores the impact of the current economic crisis, competition, certainty/uncertainty, career flexibility, investments, emerging technologies, obesity and divorce to explain outcomes and performance.
Wed 6:15–9:15, Aug 31–Dec 14, Robert Anzenberger

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