Sustainability addresses how we manage the environment and share limited, valuable natural resources across time and space. The lens of microeconomics helps us understand why we have environmental problems and how we can solve them. Economics provides valuable tools for solving problems with pollution, over-exploitation of resources, loss of biological diversity and, of course, global warming. Prerequisite: ECON 2010 or instructor permission.

Covers the same topics as ECON 3010 using differential calculus through constrained maximization of functions of several variables. Credit is not given for both ECON 3010 and 3110. Prerequisite: ECON 2010 and two semesters of calculus.

Introduction to labor economics, including economic aspects of employment, wages, schooling, labor unions, and discrimination. Prerequisite: ECON 7030 and 7720 or instructor permission.

Studies the peculiar problems of economics in underdeveloped countries, including government and market failures. Examines factors underlying poverty, hunger, illiteracy, and corruption in developing countries, and the scope for (rigorously evaluated) policies to improve these conditions. Prerequisite: ECON 2010 and ECON 3720 (or 4720 or STAT 3220 or equivalent). ECON 2020 and ECON 3010/3110 are helpful but not required.

Study the role and the importance of the financial system in the global economy. Construct general equilibrium models that encompass the financial markets as well as the rest of the economy. These models will be used to understand the recent subprime crisis, the European sovereign debt crisis, and many market phenomena such as extreme volatility and contagion. Prerequisites: ECON 3010 or 3110 (ECON 3020 is recommended).

Studies the theory of international trade and analysis of the economic effects of tariffs, quotas, and other departures from free trade. Prerequisite: ECON 7030 or instructor permission.

Studies econometric tools for the analysis of cross-section and qualitative data. Prerequisite: ECON 7720 or instructor permission.

Studies topics in univariate and multivariate calculus and linear algebra. Includes applications to the theory of economic statics. Prerequisite: One semester of calculus and one additional semester of college mathematics, or instructor permission.

Studies the issues related to economic development, emphasizing endogenous growth models. Topics include human capital, R & D, learning by doing, fiscal policy, trade, and financial development. Prerequisite: ECON 7040 or instructor permission.

Topics include the justifications for government activities; principles of program analysis; illustrative theoretical and empirical analysis of expenditure programs; and theories of political processes. Prerequisite: ECON 7030 or instructor permission.