29 courses with the subject ECON, each shown exactly as we captured it from the college's catalog, with every element we hold. Where the wording looks broken, that is our reading of the catalog, not the college's text.
ECON 101Principles of Microeconomics3
Introduces students to the theories and principles economists have devised to understand exchange relationships and markets. These principles and theories are applied to analyze economic issues and problems.
Introduces students to the basic models and concepts used in analyzing the economy as a whole. Core elements include the process of long-run growth, determinants of Gross Domestic Product, and policies for managing the business cycle.
In this class, we draw upon national and local data and first-hand experience to examine the nature of exchange in contemporary US society. We then access a variety ethnographic, sociological, historical, and economic principles and interview Oneonta residents to better understand the economic and non-economic value of mainstream global market exchange relative to other more localized forms of exchange. The course culminates in the production of a research project on a topic of student interest and the local dissemination of that research.
Explores the ecological underpinnings of human economies: how natural constraints influence the kinds of societies a place can support, and the way that new technologies and human choices change our relationship to the environment. We use Hartwick College’s main campus, Pine Lake campus, and the City of Oneonta as a series of living classrooms. The course looks at the roles of markets, governments, and other social structures, and applies the concepts of opportunity cost, supply-and-demand, and economic efficiency to understand patterns of growth and economic change and to consider what “sustainability” is and how to move toward it.
The health care and health insurance industries provide interesting case studies both on how markets can supply important goods and services and also the inherent problems associated with relying solely upon market provision for those goods and services. Over the course of the semester, we will examine models of asymmetric information, externalities, and market power to understand issues as diverse as pharmaceutical patenting and pricing, antibiotic resistance, Medicaid/Medicare, and the Affordable Care Act or “Obama-care.”
In this course, students will begin to critically examine the markets and organizational structures of the U.S. sports industry using the appropriate theoretical and empirical economic tools. Students will be expected to ask and discuss answers to such questions as "Why free agency?," "Should professional athletes organize into players' unions," and "Do cities gain from professional athletic franchises?" using the core models of economic analysis. The course covers economic models for sports at both a micro and macro level, delineating the impact of the industry to both localities and the nation.
ECON 145Fermentation and the Relocalization of Food Systems4
Fermentation and the Re-localization of Food Systems: Food is a shared part of the lived experience of all people; thus, food provides an ideal theme through which to understand the culture and history of another nation. This course provides a culinary tour through Portugal, a nation with a rich cultural history of small-scale artisan food production. Course content focuses on understanding the creation of fermented foods, including cheese and sausage, from a biological, economic, and social perspective and appreciating the value and challenges of local food systems and large-scale commercial food production. In-country travel includes mainland trips to major Portuguese regions.
Focuses on the theoretical depiction of decision-making processes of consumers and firms, specifically the models of utility and profit maximization. Topics are considered in a context that includes mathematical and game-theoretic applications and perspectives. Competitive behavior associated with markets is explored in detail.
A data-immersive approach to central questions in macroeconomics, e.g.,: output, long-run growth, business cycles, unemployment, interest rates, foreign trade, exchange rates, resources, and the role of monetary and fiscal stabilization policies. Investigation starts with examination of relevant data relationships, building from there to theoretical models addressing those relationships.
The method by which real world data is used to test economic theory and/or to make predictions about future economic events. Presents regression analysis as a tool with which the statistical relationship between economic variables may be rejected or validated. Equal time is devoted to understanding econometric theory and to the direct application of that theory to analysis. The course culminates with students preparing an analytical research paper on a specific question of personal interest.
Explores economic causes and consequences pertaining to the development of markets in a research seminar setting. Recent topics for investigation have included: the origins of plantations, the emergence of multinational corporations from 1850 to 1900, and 19th and 20th century labor history. Common readings are initially discussed and then each student undertakes a substantial project to investigate a specialized theme.
Investigates the use of macroeconomic fiscal and monetary policies to address the negative consequences of changes in the business cycle. Investigations include a rigorous exploration of inflation, unemployment, and national income and product accounting. The historical, contemporary, and forecasted use of fiscal and monetary stabilization policies in the United States is considered in an applied context throughout the course.
Contemplates the economic, political and philosophical "visions" in Adam Smith's Wealth of Nations, Karl Marx's Capital, and John Maynard Keynes' General Theory. The development of the liberal ideal of unrestrained individual freedom is traced through the ways these economists interpreted the social reality of their time. The evolution of neoclassical economics is also considered, and the contemporary relevance of these works is discussed throughout the course.
Considers various explanations for the disparate levels of economic well- being among nations, both historically and currently. Issues can include the potential tradeoff between economic growth and societal equity, miracles and failures, the sustainability of certain development plans, the feasibility of "trickle-down" development, and innovative development techniques at both the grassroots and macro levels. The course also looks at post-communist transition as a subset of causes for current economic challenges.
A critical look at contemporary domestic policy issues using the tools of theoretical and empirical economic analysis. Policy analysis focuses on the areas of taxation, healthcare, education, social security and long term care for the elderly, and poverty alleviation. A significant portion of the course will be devoted to independent student assessment of current policy initiatives-specifically their costs and benefits-relative to similar policy offerings in an OECD country.
Utilizes economic analysis to shed light on the social issues of race and gender in contemporary United States society. Potential topics include labor and credit market discrimination, employment and housing segregation, the male-female and black-white wage gap, labor market participation, divorce and domestic violence. While neo-classical economic theory will serve as a point of departure for each issue, the assumptions behind the theory will be carefully scrutinized and empirical evidence in support of and/or against the theory will be brought to bear
The tools of theoretical and empirical economic analysis are used to better understand the processes by which businesses determine the quantity, quality and compensation levels of their employees and the processes by which individuals decide whether, how much and where to work. The course begins with the primary building blocks of labor economics: labor supply and labor demand. It then narrows its scope to look more closely at policy-relevant issues such as welfare reform, labor unionism, unemployment and the minimum wage and affirmative action. A significant portion of the class will be devoted to independent student research on a relevant topic of personal interest.
Applies economic logic to an issue of ongoing importance. The analysis includes externalities and market failure, comparison of command-and-control strategies with market- incentive strategies, evaluation of costs and benefits of alternative proposals, consequences of court decisions to resolve environmental disputes, and the effects of public policies on environment quality.
Focuses on the application of mathematics and game theory to economics. Topics include unconstrained and constrained maximization, comparative statics, Nash equilibrium, simultaneous and sequential games, and games with asymmetric information.
Evaluates contemporary policy issues and concerns in the international economy. Topics for consideration include; trade relations and managed trade, protectionism, balance of payments disparities, wage inequalities, trading blocs, exchange rate regimes, and the causes and consequences of volatility in financial markets. Students will discuss common readings and undertake a substantial research project on a particular area of interest.
Analyzes firm organization and behavior using microeconomic theory and game theory. Topics include vertical integration, monopoly and natural monopoly, price-discrimination, entry deterrence, mergers, oligopoly, monopolistic competition, limit pricing, and collusion.
Explores the organization of banking and other financial systems, including the operation of central banks such as the U.S. Fed, and their interaction with the macro-economy. During the semester students will examine connections between financial instruments, institutions, and markets and the intent and operation of monetary policy.
Many interesting and important questions in economics resist traditional analytical techniques. Sometimes the math is too complex for analytical solutions. A deeper problem is that many economic phenomena are evolutionary, emergent phenomena arising from the interaction of many independent agents among each other and between them and their environment. This course will teach students how to address such questions using agent-based modeling.
Opportunities for career development and applied work for Economics students. Placements are designed to test academic concepts in a work setting and to bring the practical knowledge of a functioning business or institution to the classroom. May be taken for 3 to 6 credits, but only 3 credits may count toward the major or minor requirements.
The Senior Thesis is the capstone to the major in Economics, and represents a substantial research project on a topic of interest. Students will meet periodically with faculty to present work in progress. The course is required of all majors and concludes with submission and presentation of the completed thesis. The thesis is a total of three credits. Course may be taken as 3 credits in the fall, or 1 credit in the fall, then 2 credits in the spring.
The Senior Thesis is the capstone to the major in Economics, and represents a substantial research project on a topic of interest. Students will meet periodically with faculty to present work in progress. The course is required of all majors and concludes with submission and presentation of the completed thesis. The thesis is a total of three credits. Course may be taken as 3 credits in the fall, or 1 credit in the fall, then 2 credits in the spring.
The Senior Thesis is the capstone to the major in Economics, and represents a substantial research project on a topic of interest. Students will meet periodically with faculty to present work in progress. The course is required of all majors and concludes with submission and presentation of the completed thesis. The thesis is a total of three credits. Course may be taken as 3 credits in the fall, or 1 credit in the fall, then 2 credits in the spring.
Opportunities for career development and applied work for Economics students. Placements are designed to test academic concepts in a work setting and to bring the practical knowledge of a functioning business or institution to the classroom. May be taken for 3 to 6 credits, but only 3 credits may count toward the major or minor requirements.