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2016-2017 Undergraduate Catalog
University of Houston
   
 
  Nov 17, 2017
 
 
    
2016-2017 Undergraduate Catalog [Not Current Academic Year. Consult with Your Academic Advisor for Your Catalog Year]

Courses

Contract All Courses |

 

Economics

  
  •  

    ECON 2301 - Global Economic Concepts

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: MATH 1310  or equivalent or consent of instructor.

    Nontechnical introduction to microeconomic and macroeconomic concepts emphasizing global economy.

    Note: Credit may not be earned in both ECON 2301 and ECON 2305 . Not intended for business administration majors. Economics majors/minors who earn at least a B+ in ECON 2301 may petition to substitute 2301 for ECON 2305 .
    Core Category: [80] Social & Behavioral Sciences
  
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    ECON 2304 - Microeconomic Principles

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: MATH 1310  or equivalent or consent of instructor.

    Individual consumer and firm behavior, supply and demand and the market determination or prices, production, and income. Includes government price ceilings, monopoly and antitrust, market failures and environmental pollution.

    Core Category: [80] Social & Behavioral Sciences
    TCCNS Equivalent: ECON 2302
  
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    ECON 2305 - Macroeconomic Principles

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: MATH 1310  or equivalent or consent of instructor.

    Aggregate economy, inflation, recession, and economic policy. Economic growth, business cycle theory, and international trade.

    Note: Credit may not be earned in both ECON 2301  and 2305. Economics majors/minors with at least a B+ in ECON 2301  may petition to substitute ECON 2301  for 2305.
    Core Category: [80] Social & Behavioral Sciences
    TCCNS Equivalent: ECON 2301
  
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    ECON 2370 - Introduction to Economic Data Analysis

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: Completion of MATH 1310  or equivalent or consent of instructor.

    Introduction to basic concepts in statistics with strong emphasis on the application of statistical methods to the analysis and interpretation of economic data. Topics include descriptive statistics, sampling theory, confidence interval, hypothesis testing, and simple linear regression analysis. Students will also learn how to carry out statistical analysis in spreadsheet programs like Excel.

    Core Category: [90] Math/Reasoning
  
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    ECON 3332 - Intermed Microeconomics

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: ECON 2304  or Math major with sophomore standing in the Option in Mathematical Finance program.

    Rigorous introduction to resource allocation in a market economy including consumer behavior, firm behavior, supply and demand, efficiency and the determination of prices.

  
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    ECON 3334 - Intermed Macroeconomics

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: ECON 2305  or Math major with sophomore standing in the Option in Mathematical Finance program.

    Rigorous introduction to the determination of aggregate output, employment, the price level and income. Includes effects of inflation, causes of business cycles determination of economic growth, impacts of monetary policy and effects of government taxation, spending and the national debt.

  
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    ECON 3340 - Comparative Economic Systems

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Formerly ECON 4379
    Prerequisite: ECON 2301  or ECON 2304  or ECON 3332  or consent of instructor.

    The role and impacts of alternative allocation systems, including markets, socialization and central planning. Structure and performance of historical and contemporary economic systems, with implications for the emerging world economy.

  
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    ECON 3341 - Russian and Chinese Transformation

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Formerly ECON 4386
    Prerequisite: junior standing.

    Examination of Soviet and Chinese economic history from their communist takeovers to the present. Focuses on the era of Soviet planning in both countries. Explores the factors that led to the collapse of the Soviet Union and of the Chinese reform of the late 1970s that made possible China’s rapid growth over the past three decades.

  
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    ECON 3342 - Global Issues in Economic Development

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: Econ 2301 or Econ 2304.

    The objective of this course is to provide reading material and lectures which facilitate a better understanding of the world, its politics, its people, the problems facing the global environment and the changing global economy in which we live. We will study populations that have experienced a dramatic transformation and improvement in the conditions of their life and those that have not.

    Note: Credit may not be earned in both Econ 4389: Economic Geography and Econ 3342.
  
  •  

    ECON 3344 - History of Economic Doctrines

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Formerly ECON 4337
    Prerequisite: Econ 3332 and Econ 3334.

    Development of economic thought and the intellectual and historical framework within which economic ideas have grown. Among the thinkers that are emphasized are Smith, Ricardo, Marx, Malthus, Marshall, Say, Turgot and Keynes.

    Core Category: [81] Writing in the Disciplines
  
  •  

    ECON 3347 - Capital Market Economics

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: ECON 2304 , ECON 2305 , and ECON 2370 , MATH 1314  or MATH 1431  or consent of instructor.

    Financial assets in the context of time, uncertainty, options, and information. Time value of money, market efficiency, risk, asset pricing, derivatives, firm capital structure, market microstructure, and quantitative financial modeling.

  
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    ECON 3348 - Food, Population, Agriculture and the Environment

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: Econ 2301 or Econ 2304.

    The objective of this course is to provide reading material and lectures which facilitate a better understanding of the world, its politics, its agriculture and food production, the dynamics of population, the problems facing the global environment and the changing global economy in which we live. Central to the course is both the sustainability and the economics of global food production systems and their ability to end hunger and malnutrition and to feed a growing world population.

    Note: Credit may not be earned in both Econ 4389: Food, Population, and the Environment and Econ 3348.
  
  •  

    ECON 3350 - American Economic Growth

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Formerly formerly ECON 4381
    Prerequisite: ECON 2304  and 2305.

    Applications of economic analysis to American economic history and how that history has shaped modern economic institutions, including the experience of the Colonies, the American Revolution, Industrialization, the Civil War and the Great Depression.

    Core Category: [81] Writing in the Disciplines
  
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    ECON 3351 - Economics of Development

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Formerly ECON 4383
    Prerequisite: ECON 2301  or ECON 2304  or consent of instructor.

    Nature, causes and possible solutions to problems in underdeveloped economies. Analysis of economic, political and human implications of economic growth, including the influence of the international aid community and the consequences of world trade.

  
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    ECON 3353 - Economic Development of Africa

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Formerly ECON 4388
    Prerequisite: ECON 2304  or consent of instructor.

    Economic and social problems of raising standards of living in Africa. Discussion issues include economic growth, growth and the environment, income disparities, the role of trade and foreign investment and the accompanying political and social changes.

  
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    ECON 3355 - Economic Development of Asia

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: ECON 2304  or consent of instructor.

    Economic and social problems of raising standards of living in Asia. Economic growth, environment, income disparities, role of trade and foreign investment and related political and social changes.

  
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    ECON 3358 - Economic Development of Latin America

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: ECON 2304  or consent of instructor.

    Dependence of Latin American countries on natural resources and agricultural products, import substitution industrialization, debt and financial crises, subsequent adjustments and structural reforms.

  
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    ECON 3361 - Economics of Globalization

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: ECON 2301  or Econ 2305 or consent of instructor.

    Analysis of modern day economic globalization, focusing on capital market integration and its effect on economic growth and development, income inequality and labor markets. Credit may not be earned in both INTB 3353 and Econ 3361.

  
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    ECON 3363 - Environmental Economics

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: ECON 2304  or ECON 3332  or consent of instructor.

    Analyses of environmental quality and environmental regulation. Measurement of costs and benefits of potential solutions. Comparison of real world solutions, tried and untried, to theoretically preferred solutions and to current U.S. environmental policy.

  
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    ECON 3365 - Labor Economics

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: ECON 2304  or ECON 3332  or consent of instructor.

    Introduction to economic theory, data and policy issues in labor economics. Labor market effects of minimum wage laws, mandatory employee benefits, technological change, international trade and immigration. Effects of income replacement programs, rise in female labor supply, rise in income inequality, decline in manufacturing and the decline of unions.

  
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    ECON 3368 - Economics of Health Care

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: ECON 2304  or ECON 3332  or consent of instructor.

    Determinants of supply and demand for health care, including the regulatory environment and government policy. Medical insurance, behavior of patients and medical professionals, methods of health finance, medical liability, government programs and regulation of health care industry.

  
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    ECON 3370 - Introduction To Econometrics

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Formerly ECON 4365 Introduction To Econometrics
    Prerequisite: ECON 2370  with a grade of C- or better.

    Introduction to basic econometric concepts and methods necessary for conducting empirical analysis. Practical applications using Excel and Stata. Topics include model specification, regression analysis, results interpretation and an overview of advanced topics in econometrics.

  
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    ECON 3371 - Economics of Money and Banking

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: ECON 2305  or ECON 3334  or consent of instructor.

    Analysis of how the banking system and monetary policy determine the money supply and interest rates. U.S. Federal Reserve Bank, unemployment, inflation, stock and bond markets and interest rates.

  
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    ECON 3377 - Economics of Public Finance

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: ECON 2304  or ECON 3332  or consent of instructor.

    Effects of economic incentives on voters, government officials, economy and markets. Analysis of situations where private markets fail to be efficient. Applications to government policies at federal and local levels, including welfare, insurance, health care, policing, roads and Social Security. Analysis of tax system and interaction among federal, state, and local governments.

  
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    ECON 3385 - Economics of Energy

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: ECON 2304  or ECON 3332  or consent of instructor.

    National and international energy markets in various forms, including oil, natural gas and alternative energy sources. Pricing, distribution and allocation and U.S. and international regulation of industry.

  
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    ECON 3399 - Senior Honors Thesis

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: approval of chair.

  
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    ECON 4198 - Independent Study

    Credit Hours: 1.0
       
  
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    ECON 4298 - Independent Study

    Credit Hours: 2.0
       
  
  •  

    ECON 4321 - Economic Analysis of U.S. Legal System

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: junior standing.

    Economic implications of law and the legal system, including common law, constitutional law, and administrative law. Property torts, contracts and criminal law.

  
  •  

    ECON 4331 - Economics of Gender

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: ECON 3332  or consent of instructor.

    Gender gap in market work and market pay and the role of household specialization and discrimination. Female labor force participation in the U.S. and the influence of industrial structure, technology, marriage, and fertility on a women’s decision to engage in market work.

  
  •  

    ECON 4335 - Economic Growth Theory

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: ECON 3332  and ECON 3334 , or consent of instructor.

    Theory and empirics of economic growth with emphasis on international comparisons of performance of income and productivity. Technology, population dynamics, government policy, culture, income inequality, international trade, democracy, and the rule of law.

  
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    ECON 4338 - Regression Causal Modeling and Social Science Data Mining

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: Econ 3370 (previously Econ 4365).

    The course focuses on very basic statistical data mining tools. Topic areas include review of multiple regression analysis, models of association and clustering, statistical learning models, the explanation of individual behaviors, and simple forecasting models. This is an applied statistics and not a course in computer science or database management.

  
  •  

    ECON 4349 - Introduction to Game Theory

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: ECON 2370  and ECON 3332 .

    Introduction to the theory of games and solution methods. Real world situations as games, predicting outcomes using game theory techniques. Bargaining, oligopoly, auctions, coordination, and provision of public goods.

  
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    ECON 4360 - Introduction to Mathematical Economics

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: MATH 1314  or MATH 1431  and ECON 3332 .

    Develop algebra and calculus based techniques for analyzing economic decisions. Solve constrained optimization problems for consumer choice and for determination of optimal input levels for production by firms. Elements of game theory and dynamic economic decision making.

  
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    ECON 4368 - International Monetary Economics

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: ECON 3334  or consent of instructor.

    Exchange rate determination, the balance of payments, the international flow of capital and its impact on economies, alternative exchange rate systems, government management of international financial environment and European, Latin America and Asian exchange rate crises.

  
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    ECON 4370 - International Trade

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Formerly ECON 3376
    Prerequisite: ECON 3332  or consent of instructor.

    Causes of international trade and its effect on national economies. Consequences of trade barriers and trade policies in different economic environments, including reaction to national monopolistic practices. International transmission of investment, labor and technology.

  
  •  

    ECON 4372 - Economics of Education

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: ECON 3332  or consent of instructor.

    The roles of technology and globalization in the requirement for an educated work force. Effects of education policies on meeting the need for skilled workers, including the roles of school resources, teachers, and peers.

  
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    ECON 4374 - Behavioral Economics

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: Econ 3332 Intermediate Microeconomics.

    The course explores various ways in which the predictions of classical economic theory fail in the real world and attempts to modify the theories to take into consideration these deviations and better explain and predict human behavior. This course will introduce students to the basic findings of this field and give them the tools to formulate new theories, test predictions, and apply the insights from behavioral economics to the real world.

    Note: Credit may not be earned in both Econ 4389: Behavioral Economics and Econ 3348.
  
  •  

    ECON 4375 - Market Regulations

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: ECON 3332  or consent of instructor.

    Regulation of markets by competition and by governmental agencies. Antitrust laws and their enforcement to support competition, the structuring of competition in specific regulated industries, and regulation of pollution and other market failures.

  
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    ECON 4376 - Industrial Organization

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Formerly ECON 3376
    Prerequisite: ECON 3332  and ECON 2370  or consent of instructor.

    This course will cover the basic tools and issues in the field of industrial organization. Prominent topics will include oligopoly, cartel behavior, anti-competitive practices, anti-trust and regulation.

  
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    ECON 4377 - Urban Economics

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: ECON 3332  or consent of instructor.

    Analysis of the American city’s economic structure; its causes, location of residential and production activities, income disparities and implications for urban development and how the public sector affects the urban economy.

  
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    ECON 4378 - Chinese Economy

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: ECON 3332  and ECON 2370  or consent of instructor.

    This course provides an introduction to the recent development of Chinese economy. The course has an emphasis on the microeconomic literature, covering topics including fertility policy, inequality, environment and migration.

  
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    ECON 4389 - Topics in Contemporary Economics

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: consent of instructor.

    A survey of contemporary economic theory and problems. This course can be repeated for credit.

  
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    ECON 4390 - Economics Internship

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: ECON 3332  and ECON 3334  and consent of instructor.

    Work with practicing economists in selected private industry, federal, state and local government offices. Correlated readings. May be repeated once for credit. Only three hours may apply toward the ECON major requirements.

  
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    ECON 4391 - Economics and the Real World

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: ECON 3332  or consent of instructor; recommended for seniors.

    Application of economic analysis to contemporary issues and current social policy. Topics rotate weekly. Recent topics include the age of limits, global warming, government land use control, gun control, and the economics of crime.

  
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    ECON 4395 - Selected Topics in Applied Econometrics

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: Econ 3370 (previously Econ 4365).

    This course is a continuation of Econ 3370 (previously Econ 4365) and introduces students to several extensions of multiple regression methods for analyzing data in economics and related disciplines. Topics might include regressions with panel data, instrumental variables regression, analysis of randomized experiments, regressions with time series data, forecasting, probability models, survival analysis, etc. See semester course listing section sub-titles and descriptions for details.

  
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    ECON 4398 - Independent Study

    Credit Hours: 1.0
    Lecture Contact Hours: 0    Lab Contact Hours: 0
    Prerequisite: approval of chair.

  
  •  

    ECON 4399 - Senior Honors Thesis

    Credit Hours: 3.0
    Lecture Contact Hours: 3    Lab Contact Hours: 0
    Prerequisite: ECON 3399  and approval of department chair.

 


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