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ECON Courses, Corvallis Campus

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Top ECON 199 SPECIAL TOPICS (1-16) 
This course is repeatable for a maximum of 16 credits.

Top ECON 201 INTRODUCTION TO MICROECONOMICS (4)  Offered in current or future terms Baccalaureate Core Course
An introduction to microeconomic principles including the study of price theory, economic scarcity, consumer behavior, production costs, the theory of the firm, market structure, and income distribution. Other selected topics may include market failure, international economics, and public finance. (SS) (Bacc Core Course) PREREQS: MTH 111 or equivalent is recommended.

Top ECON 201H INTRODUCTION TO MICROECONOMICS (4)  Baccalaureate Core Course
An introduction to microeconomic principles including the study of price theory, economic scarcity, consumer behavior, production costs, the theory of the firm, market structure, and income distribution. Other selected topics may include market failure, international economics, and public finance. (SS) (Bacc Core Course) PREREQS: MTH 111 or equivalent is recommended. Honors College approval required.

Top ECON 202 INTRODUCTION TO MACROECONOMICS (4)  Offered in current or future terms Baccalaureate Core Course
An introduction to macroeconomic principles including study of the theories of output determination, consumption, investment, inflation, unemployment, and fiscal and monetary policy. Other selected topics may include the study of the international balance of payments, growth and development, and urban and regional problems. (SS) (Bacc Core Course) PREREQS: MTH 111 or equivalent is recommended.

Top ECON 202H INTRODUCTION TO MACROECONOMICS (4)  Baccalaureate Core Course
An introduction to macroeconomic principles including study of the theories of output determination, consumption, investment, inflation, unemployment, and fiscal and monetary policy. Other selected topics may include the study of the international balance of payments, growth and development, and urban and regional problems. (SS) (Bacc Core Course) PREREQS: MTH 111 or equivalent is recommended. Honors College approval required.

Top ECON 311 INTERMEDIATE MICROECONOMIC THEORY (4)  Offered in current or future terms
An examination of demand theory, production and cost theory, game theory, behavioral economics, competitive and imperfectly competitive markets, and general equilibrium and welfare economics. ECON 311 and ECON 411 cannot both be taken for credit toward the economics major. PREREQS: ECON 201 or ECON 201H

Top ECON 312 INTERMEDIATE MICROECONOMIC THEORY II (4) 
An examination of the theories of imperfect competition, input markets, general equilibrium, and welfare economics. PREREQS: ECON 311

Top ECON 315 INTERMEDIATE MACROECONOMIC THEORY (4)  Offered in current or future terms
An examination of macroeconomic aggregates, income determination, aggregate demand and supply. The basic macroeconomic models will be discussed such as Keynesian, Classical, Monetarist, and Neo-Classical. ECON 315 and ECON 415 cannot both be taken for credit toward the Economics major. PREREQS: (ECON 201 or ECON 201H) and (ECON 202 or ECON 202H)

Top ECON 316 INTERMEDIATE MACROECONOMIC THEORY II (4) 
An examination of individual sectors of the macro economy, including theories of consumption, investment, money demand and money supply; an introduction to economic growth, open economy macroeconomics, and monetary and fiscal policy issues. PREREQS: ECON 315

Top ECON 329 INTRODUCTION TO MATHEMATICAL ECONOMICS (4) 
Mathematical methods of economic analysis. Theory of economic structure and optimization developed through calculus and linear algebra, dynamic systems analyzed through integral calculus and difference and differential equations. The mathematical tools are developed in conjunction with their application to economic problems. Some acquaintance with calculus recommended. PREREQS: ECON 201 and ECON 202 and (MTH 241 or MTH 251)

Top ECON 330 MONEY AND BANKING (4)  Offered in current or future terms
Nature and functions of money; functions and operations of depository institutions; the money market; central banking and monetary policy. (SS) PREREQS: (ECON 201 or ECON 201H) and (ECON 202 or ECON 202H)

Top ECON 340 INTERNATIONAL ECONOMICS (4)  Offered in current or future terms
An overview of international economics with an emphasis on current events and applications, including classical and modern trade theory and the study of trade and exchange-rate policies. (SS) (See Schedule Comment regarding Bacc Core status.) PREREQS: ECON 201 and ECON 202

Top ECON 352 ENVIRONMENTAL ECONOMICS AND POLICY (3)  Offered in current or future terms Baccalaureate Core Course
Provides an overview of the interrelationships between economic activity, the environment, and public policy. Through case studies, discussion groups, readings, and group activities, students learn how economists define and analyze environmental problems and the types of policies they advocate for managing environmental quality. CROSSLISTED as AREC 352. (Bacc Core Course) PREREQS: AREC 250 or ECON 201 or ECON 201H

Top ECON 383 THE ECONOMICS OF DISCRIMINATION (4)  Baccalaureate Core Course
An economic analysis of discrimination, focusing on labor market inequities for women and minorities. Historical and current trends in pay, education, and employment disparities, economic explanations for such disparities, and econometric evidence for wage and employment discrimination. (SS) (Bacc Core Course) PREREQS: ECON 201

Top ECON 399 SPECIAL TOPICS (1-16) 
This course is repeatable for a maximum of 16 credits.

Top ECON 399H SPECIAL TOPICS (1-16) 
This course is repeatable for a maximum of 16 credits. PREREQS: Honors College approval required.

Top ECON 401 RESEARCH AND SCHOLARSHIP (1-16)  Offered in current or future terms
This course is repeatable for a maximum of 16 credits. PREREQS: Departmental approval required.

Top ECON 402 INDEPENDENT STUDY (1-16)  Offered in current or future terms
This course is repeatable for a maximum of 16 credits. PREREQS: Departmental approval required.

Top ECON 403 THESIS (1-16)  Offered in current or future terms
This course is repeatable for a maximum of 16 credits. PREREQS: Departmental approval required.

Top ECON 405 READING AND CONFERENCE (1-16)  Offered in current or future terms
This course is repeatable for a maximum of 16 credits. PREREQS: Departmental approval required.

Top ECON 406 PROJECTS (1-16)  Offered in current or future terms
This course is repeatable for a maximum of 16 credits. PREREQS: Departmental approval required.

Top ECON 407 SEMINAR (1-16)  Offered in current or future terms
This course is repeatable for a maximum of 16 credits.

Top ECON 408 WORKSHOP (1-16) 
This course is repeatable for a maximum of 16 credits. PREREQS: Departmental approval required.

Top ECON 410 INTERNSHIP (1-16)  Offered in current or future terms
This course is repeatable for a maximum of 16 credits. PREREQS: Departmental approval required.

Top ECON 411 ADVANCED MICROECONOMIC THEORY (4)  Offered in current or future terms
Rigorous treatment of optimizing behavior of economic agents and markets. Examines utility maximization and demand; cost minimization, profit maximization and supply; perfect competition and monopoly; imperfect competition and game theory; and general equilibrium, social welfare and market failure using sophisticated mathematical tools. Students cannot receive credit toward the major for both ECON 311 and ECON 411. PREREQS: ECON 201 and (MTH 241 or MTH 251)

Top ECON 414 POLITICAL AND BEHAVIORAL ECONOMICS (4)  Offered in current or future terms
Economic analysis of politics and the intersection of psychology and economics. Topics include voter behavior, strategic policy formation and influence, and the primary behavioral deviations from the neoclassical model of rational self-interest. PREREQS: ECON 311 or ECON 411

Top ECON 415 ADVANCED MACROECONOMIC THEORY (4)  Offered in current or future terms
Macroeconomics as an application of general equilibrium theory. Macroeconomic models are developed taking preferences and technology as primitives. The models' short and long run predictions are analyzed and compared to the data. The welfare implications of fiscal and monetary policy are discussed. ECON 315 and ECON 415 cannot both be taken for credit toward the major. PREREQS: ECON 201 and ECON 202 and (MTH 241 or MTH 251)

Top ECON 423 ECONOMETRICS I (4)  Offered in current or future terms
Introduction to probability and statistics with an emphasis on estimation and hypothesis testing. Applications to economic models. PREREQS: MTH 241 or MTH 251 or MTH 251H

Top ECON 424 INTRODUCTION TO ECONOMETRICS (4)  Offered in current or future terms
Application of statistical techniques, including sampling theory, hypothesis testing, and multiple regression analysis, to economic models. Economic modeling, analysis of economic data, and policy analysis are emphasized. ECON 424 and ECON 427 cannot both be taken for credit toward the major. Lec/lab. PREREQS: ( (ECON 311 and ST 351) or (ECON 411 and ECON 423) )

Top ECON 427 ECONOMETRICS II (4)  Offered in current or future terms
Addresses both the theory and practice of econometrics, including properties of estimators, modeling economic processes, estimation, hypothesis testing, prediction and interpretation of results. Students cannot receive credit toward the major for both ECON 424 and ECON 427. Lec/lab. PREREQS: ECON 423 and (MTH 241 or MTH 251)

Top ECON 428 INTRODUCTION TO ECONOMIC RESEARCH (4)  Offered in current or future terms WIC Core Course
Basic methods of economic research: concepts and models; data sources, collection, and presentation; hypothesis formulation and testing; policy analysis. Written assignments apply methods. (Writing Intensive Course) PREREQS: ECON 311 or ECON 315

Top ECON 435 THE PUBLIC ECONOMY (4)  Offered in current or future terms
Composition and growth of government spending; theory of public expenditure; analysis of public expenditure programs; benefit-cost analysis; theory and practice of taxation; analysis of local, state, and federal taxes; government borrowing and fees; current issues in tax and expenditure policy. PREREQS: ECON 311

Top ECON 439 PUBLIC POLICY ANALYSIS (4)  Offered in current or future terms WIC Core Course
Theory of public problems and decision making. Evaluation of public policy strategies, selected public programs and individual public projects considering the full range of efficiency and equity effects. Direct and indirect impacts of policy, strength of implicit incentives, administrative feasibility, and problems of policy implementation. (Writing Intensive Course) PREREQS: ECON 311 and ECON 435 or equivalent

Top ECON 440 ECONOMICS OF GLOBALIZATION (4)  Offered in current or future terms
Examination of the phenomenon of globalization using economic analysis to explore controversial themes of the globalization debate--offshoring, sweatshops, child labor, environmental standards, intellectual property protection, cultural diversity, economic development, immigration, and governance. PREREQS: ECON 311

Top ECON 441 INTERNATIONAL FINANCE THEORY AND POLICY (4) 
Theories and policies of exchange rate regimes; fixed, floating and managed floats; internal and external trade and capital balances; international capital flows and institutions. PREREQS: ECON 315

Top ECON 455 ECONOMIC DEVELOPMENT (4)  Offered in current or future terms
History, theories and policies for economic development in the Third World of underdeveloped countries. (SS) PREREQS: ECON 201 and ECON 202

Top ECON 460 INDUSTRIAL ORGANIZATION THEORY AND POLICY (4)  Offered in current or future terms
The study of the causes and effects of firm and market structures, conduct, and performance; United States antitrust and other laws regulating business behavior. PREREQS: ECON 311

Top ECON 461 LAW, ECONOMICS, AND REGULATION (4)  Offered in current or future terms
The analysis of the effectiveness of laws and government regulations in fostering economic efficiency and fairness. Topics include the design of laws and policies to promote social welfare and the study of the effectiveness of criminal law, antitrust law, and the government regulation of business in promoting social goals. PREREQS: ECON 201

Top ECON 462 MANAGERIAL ECONOMICS (4)  Offered in current or future terms
The application of microeconomic theory and quantitative methods to management decisions. Case-oriented course emphasizing actual business decisions. PREREQS: ECON 311

Top ECON 463 EFFICIENCY AND PRODUCTIVITY ANALYSIS (4)  WIC Core Course
Workshop on the theory and measurement of performance, especially efficiency and productivity. Emphasis on application including introduction to user-friendly software. Design, implementation and write-up of an analysis of performance. (Writing Intensive Course) PREREQS: ECON 201 and ECON 202 and ECON 311

Top ECON 465 TRANSPORTATION ECONOMICS (4) 
Demand, supply, and pricing for transport facilities, (airports, ports) right of way (highways, waterways), including optimal user fees, congestion tolls, and second-best pricing schemes. Theories of economic regulation and evaluation of experience in the transport sector. PREREQS: ECON 311

Top ECON 466 ENERGY ECONOMICS (4)  Offered in current or future terms
Examines the economics of oil, coal, natural gas production and their use, as well as substitutes such as conservation and renewables, focusing on electricity markets, federal and state regulatory frameworks, and resulting public policy issues from a regional and national perspective. PREREQS: ECON 201

Top ECON 480 LABOR ECONOMICS (4)  Offered in current or future terms
Individual and business choices as determinants of wages and working conditions; human capital theory and the education and training of workers; discrimination and other sources of wage differentials; unemployment and public policy toward labor markets. PREREQS: ECON 311

Top ECON 501 RESEARCH AND SCHOLARSHIP (1-16)  Offered in current or future terms
This course is repeatable for a maximum of 16 credits. PREREQS: Departmental approval required.

Top ECON 502 INDEPENDENT STUDY (1-16)  Offered in current or future terms
This course is repeatable for a maximum of 16 credits. PREREQS: Departmental approval required.

Top ECON 503 THESIS (1-16)  Offered in current or future terms
This course is repeatable for a maximum of 999 credits.

Top ECON 505 READING AND CONFERENCE (1-16)  Offered in current or future terms
This course is repeatable for a maximum of 16 credits. PREREQS: Departmental approval required.

Top ECON 506 PROJECTS (1-16)  Offered in current or future terms
This course is repeatable for a maximum of 16 credits. PREREQS: Departmental approval required.

Top ECON 507 SEMINAR (1-16)  Offered in current or future terms
This course is repeatable for a maximum of 16 credits.

Top ECON 510 INTERNSHIP (1-16)  Offered in current or future terms
This course is repeatable for a maximum of 16 credits.

Top ECON 512 MICROECONOMIC THEORY I (4) 
Economic theories of consumer behavior and demand, production, cost, the firm, supply, and competitive and monopoly market structures. PREREQS: ECON 312 or AREC 312

Top ECON 513 MICROECONOMIC THEORY II (4) 
Economic theories of imperfect competition, input markets, general equilibrium and welfare economics. PREREQS: ECON 512

Top ECON 514 POLITICAL AND BEHAVIORAL ECONOMICS (4)  Offered in current or future terms
Economic analysis of politics and the intersection of psychology and economics. Topics include voter behavior, strategic policy formation and influence, and the primary behavioral deviations from the neoclassical model of rational self-interest. PREREQS: ECON 311 or ECON 411

Top ECON 515 MACROECONOMIC THEORY I (4) 
Determination of income, employment, and prices in classical, Keynesian, monetarist, and new classical macroeconomic models. Theories of consumption, investment, money demand, and money supply. Monetary and fiscal policies, the role of expectations. PREREQS: ECON 315 or equivalent

Top ECON 517 MICROECONOMIC THEORY FOR MPP (4)  Offered in current or future terms
Familiarizes MPP students who do not have a strong background in microeconomics with the material they will need for their future economics course work. PREREQS: Working knowledge of algebra and geometry.

Top ECON 523 STATISTICS FOR ECONOMETRICS (4) 
Examines mathematical and statistical topics essential for graduate-level econometric analysis, including matrix algebra, probability and distribution theory (emphasizing joint and conditional distributions), statistical inference, and econometric optimization algorithms. PREREQS: MTH 253 and ST 351 and (ST 352 or ECON 424 or ECON 524)

Top ECON 524 INTRODUCTION TO ECONOMETRICS (4)  Offered in current or future terms
Application of statistical techniques, including sampling theory, hypothesis testing, and multiple regression analysis, to economic models. Economic modeling, analysis of economic data, and policy analysis are emphasized. PREREQS: (ECON 311 and ST 351) or (ECON 411 and ECON 423)

Top ECON 525 ECONOMETRIC METHODS (4) 
The use of multiple regression under generalized assumptions, specification problems, an introduction to simultaneous equation estimation, the classical linear model using matrices. Emphasis on the analysis of data and communication of findings. PREREQS: (AREC 523 or ECON 523) and (ECON 424 or ECON 524) and (AREC 512 or ECON 512)

Top ECON 526 APPLIED ECONOMETRICS (4) 
Model building, hypothesis testing, and appropriate estimation procedures including generalized least squares, seemingly unrelated regressions, simultaneous equations, maximum likelihood, and limited dependent variables. Emphasis on applications and interpretation of results. PREREQS: ECON 525

Top ECON 535 THE PUBLIC ECONOMY (4)  Offered in current or future terms
Composition and growth of government spending; theory of public expenditure; analysis of public expenditure programs; benefit-cost analysis; theory and practice of taxation; analysis of local, state, and federal taxes; government borrowing and fees; current issues in tax and expenditure policy. PREREQS: ECON 311

Top ECON 539 PUBLIC POLICY ANALYSIS (4)  Offered in current or future terms
Theory of public problems and decision making. Evaluation of public policy strategies, selected public programs and individual public projects considering the full range of efficiency and equity effects. Direct and indirect impacts of policy, strength of implicit incentives, administrative feasibility, and problems of policy implementation. PREREQS: ECON 311 and ECON 435 or equivalent

Top ECON 540 ECONOMICS OF GLOBALIZATION (4)  Offered in current or future terms
Examination of the phenomenon of globalization using economic analysis to explore controversial themes of the globalization debate--offshoring, sweatshops, child labor, environmental standards, intellectual property protection, cultural diversity, economic development, immigration, and governance. PREREQS: ECON 311

Top ECON 541 INTERNATIONAL FINANCE THEORY AND POLICY (4) 
Theories and policies of exchange rate regimes; fixed, floating and managed floats; internal and external trade and capital balances; international capital flows and institutions. PREREQS: ECON 315

Top ECON 555 ECONOMIC DEVELOPMENT (4)  Offered in current or future terms
History, theories and policies for economic development in the Third World of underdeveloped countries. PREREQS: ECON 201 and ECON 202

Top ECON 560 INDUSTRIAL ORGANIZATION THEORY AND POLICY (4)  Offered in current or future terms
The study of the causes and effects of firm and market structures, conduct, and performance; United States antitrust and other laws regulating business behavior. PREREQS: ECON 311

Top ECON 561 LAW, ECONOMICS, AND REGULATION (4)  Offered in current or future terms
The analysis of the effectiveness of laws and government regulations in fostering economic efficiency and fairness. Topics include the design of laws and policies to promote social welfare and the study of the effectiveness of criminal law, antitrust law, and the government regulation of business in promoting social goals. PREREQS: ECON 201

Top ECON 562 MANAGERIAL ECONOMICS (4)  Offered in current or future terms
The application of microeconomic theory and quantitative methods to management decisions. Case-oriented course emphasizing actual business decisions. PREREQS: ECON 311

Top ECON 563 EFFICIENCY AND PRODUCTIVITY ANALYSIS (4) 
Workshop on the theory and measurement of performance, especially efficiency and productivity. Emphasis on application including introduction to user-friendly software. Design, implementation and write-up of an analysis of performance. PREREQS: ECON 512

Top ECON 565 TRANSPORTATION ECONOMICS (4) 
Demand, supply, and pricing for transport facilities, (airports, ports) right of way (highways, waterways), including optimal user fees, congestion tolls, and second-best pricing schemes. Theories of economic regulation and evaluation of experience in the transport sector. PREREQS: ECON 311

Top ECON 566 ENERGY ECONOMICS (4)  Offered in current or future terms
Examines the economics of oil, coal, natural gas production and their use, as well as substitutes such as conservation and renewables, focusing on electricity markets, federal and state regulatory frameworks, and resulting public policy issues from a regional and national perspective. PREREQS: ECON 201

Top ECON 570 MACROECONOMIC THEORY I (4) 
Introduction to dynamic macroeconomic theory, including a review of Keynesian models, continuous and discrete time programming, Solow, Ramsey, and endogenous growth models, and real business cycle theory. PREREQS: ECON 315 or equivalent.

Top ECON 601 RESEARCH AND SCHOLARSHIP (1-16)  Offered in current or future terms
This course is repeatable for a maximum of 16 credits. PREREQS: Departmental approval required.

Top ECON 602 INDEPENDENT STUDY (1-16)  Offered in current or future terms
This course is repeatable for a maximum of 16 credits. PREREQS: Departmental approval required.

Top ECON 603 THESIS (1-16)  Offered in current or future terms
This course is repeatable for a maximum of 999 credits.

Top ECON 605 READING AND CONFERENCE (1-16)  Offered in current or future terms
This course is repeatable for a maximum of 16 credits. PREREQS: Departmental approval required.

Top ECON 606 PROJECTS (1-16)  Offered in current or future terms
This course is repeatable for a maximum of 16 credits. PREREQS: Departmental approval required.

Top ECON 607 SEMINAR (1-16)  Offered in current or future terms
This course is repeatable for a maximum of 16 credits. PREREQS: Departmental approval required.

Top ECON 610 INTERNSHIP (1-16)  Offered in current or future terms
This course is repeatable for a maximum of 16 credits.

Top ECON 640 INTERNATIONAL TRADE AND ECONOMIC GROWTH (4) 
Issues of international trade in the contemporary world, including protection with perfect and imperfect competition, political economy of protection and multilateral trade negotiations, international factor movements, economic integration, and international debt. Analysis of the effects of endogenous innovation and growth on world trade. PREREQS: ECON 513 and ECON 526 and ECON 540



 
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