21 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.
3 sem. hrs. An in-depth survey of the basic principles of economic analysis and their application with emphasis on the macroeconomic concepts and issues of aggregate income, economic growth, employment, unemployment, inflation, and interest rates. The effects of fiscal and monetary policies on the economy and their role in economic stabilization are studied.
3 sem. hrs. Offered annually, spring semester A survey of basic microeconomic concepts with emphasis on the concepts of supply and demand, production, and distribution. Special attention will be paid to ideas of competition, market structure, efficiency, and equity using examples from current policy discussions.
3 sem. hrs. An analysis of economic theories focusing on the processes of production and accumulation within institutional and political contexts. Topics include the labor theory of value, monopoly capitalism, and the social structure of accumulation.
3 sem. hrs. Offered alternate years. A critical examination of the important health and medical care issues through economic analysis. Emphasis will be placed on the increasingly common questions and dilemmas of efficiency, access to care, and fairness in the financing and delivery of medical services.
3 sem. hrs. Offered alternate years. The world economy from the standpoint of producing and distributing a surplus. Topics include classical theories of imperialism, global finance, and global and domestic economies in an era where economic growth is limited by peak oil and climate change.
3 sem. hrs. Offered alternate years. A study of the functions of money, the operations of commercial and central banking, and the operations of money and capital markets with emphasis on corporate equities, government securities, and municipal bonds. The roles of financial intermediaries and government will also be considered.
2-4 sem. hrs. Offered as needed. Graded: S/U. 144 CO URSES
3 sem. hrs. Offered alternate years, fall semesters. An application of economic theory to real world problems of management, focusing particularly on how supply and demand, marginal analysis, opportunity cost, and maximization fit into a world of profit and loss statements, capital budgets, and multiple goals.
3 sem. hrs. Offered annually, fall semester. A study of optimal allocation of resources in a price system under a pure competitive market structure: demand analysis, production and cost relationships, general equilibrium, and an introduction to welfare economics.
3 sem. hrs. Offered annually, spring semester. A study of alternative theories of the nation’s income, employment, and price level, in relation to private consumption, investment expenditures, public expenditure, and taxation.
3 sem. hrs. Offered alternate years A study of the derivation and application of statistical methods used in economic research. The focus of the course is on economic estimation and regression analysis, although other methods such as analysis of variance are examined. Three will be extensive applications of the techniques developed in the course to economic problems.
3 sem. hrs. Offered alternate years This course models the economy as a sub-system of larger ecosystem, and addresses questions such as optimal scale, investments in natural capital, sustainability, and thermodynamic limits to growth. Sustainable development is treated within the historical context of uneven development. CO UR S E S 145
3 sem. hrs. Offered alternate years This course focuses upon the history of energy’s role in the transformation from pre-industrial to contemporary society. The analytical framework includes theories of political economy, the energy return on investment, and the internal and biophysical limits to economic growth.
3 sem. hrs. Offered alternate years. An analysis of how the world economy including international economic interdependence works. Theories and models will be studied concerning trade and financial issues such as the political economy of free trade versus protectionism, foreign direct investment and foreign exchange markets.
3 sem. hrs. Offered alternate years. The evolution of economic intellectual history from pre-capitalist doctrines until the 20th century. Course will emphasize the development of theories of value and price, production, and distribution, with special emphasis given to the labor theory of values.
3 sem. hrs. Offered alternate years. A survey of the various economic theories of structural change and growth in developing nations. Particular attention will be paid to the issues of measurement of human welfare and the global distribution of resources.
3 sem. hrs. Offered as needed. May be repeated for credit. In-depth study of a selected topic in economics. This course applies economic reasoning to a changing set of specific social and/or theoretical issues. Topics will be selected on the basis of student and faculty interest. Past topics have included an Economic History of the Great Depression.
2-4 sem. hrs. Offered as needed. Graded: S/U. 146 CO URSES
1 sem. hr. Offered as needed. May be repeated for credit. In-depth study of an area of special interest. Topic determined jointly by a faculty member and student(s) in consultation; meets weekly for one hour.
1-3 sem. hrs. Offered as needed. May be repeated for credit. These courses are available for students who have demonstrated an ability to work without close supervision. Student(s) and faculty members develop the course together on a relevant topic.
4 sem. hrs. Offered annually, spring semester. The seminar explores methods and content of orthodox economics, political economy and the various facets of management thought. Students will present articles from professional journals, prepare for comprehensive exams, and develop and present an original piece of economic or managerial research.
Source: Wells College's catalog, linked per course · table learning_unit · CourseShelf publish 61
