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Department of Economics
Bryn Mawr College
Dalton Hall 114
101 N. Merion Ave.
Bryn Mawr, PA 19010
610-526-5030/-5331
Fax: 610-526-5655
economics@brynmawr.edu

Courses

This page displays the schedule of Bryn Mawr courses in this department for this academic year. It also displays descriptions of courses offered by the department during the last four academic years.

For information about courses offered by other Bryn Mawr departments and programs or about courses offered by Haverford and Swarthmore Colleges, please consult the Course Guides page.

For information about the Academic Calendar, including the dates of first and second quarter courses, please visit the College's master calendar.

Spring 2013

COURSE	TITLE	SCHEDULE/ UNITS	MEETING TYPE TIMES/DAYS	LOCATION	INSTRUCTOR(S)
ECON B105-001	Introduction to Economics	Semester / 1	Lecture: 8:15 AM- 9:45 AM TTH	Thomas Hall 224	Ceglowski,J.
ECON B105-002	Introduction to Economics	Semester / 1	Lecture: 9:45 AM-11:15 AM TTH	Thomas Hall 224	Ceglowski,J.
ECON B200-001	Intermediate Microeconomics	Semester / 1	Lecture: 9:45 AM-11:15 AM TTH	Thomas Hall 110	Ross,D.
			Laboratory: 1:00 PM- 4:00 PM W	Dalton Hall 10
ECON B207-001	Money and Banking	Semester / 1	Lecture: 2:30 PM- 4:00 PM MW	Dalton Hall 119	Miller,S.
ECON B214-001	Public Finance	Semester / 1	LEC: 2:15 PM- 3:45 PM TTH	Dalton Hall 1	Stahnke,R.
ECON B215-001	Urban Economics	Semester / 1	Lecture: 1:00 PM- 2:30 PM MW	Dalton Hall 25	Stahnke,R.
ECON B225-001	Economic Development	Semester / 1	Lecture: 10:00 AM-11:30 AM MW	Dalton Hall 119	Rock,M.
ECON B242-001	Economics of Local Environmental Programs	Semester / 1	Lecture: 12:45 PM- 2:15 PM TTH	Dalton Hall 1	Ross,D.
ECON B253-001	Introduction to Econometrics	Semester / 1	Lecture: 11:15 AM-12:45 PM TTH	Taylor Hall E	Stahnke,R.
ECON B255-001	Financial Markets, Crises and the Public Response	Semester / 1	LEC: 11:30 AM- 1:00 PM MW	Taylor Hall F	Miller,S.
ECON B304-001	Econometrics	Semester / 1	LEC: 10:00 AM-11:30 AM MW	Dalton Hall 300	Wasson,R.
ECON B314-001	The Economics of Social Policy	Semester / 1	Lecture: 1:00 PM- 2:30 PM MW	Taylor Hall B	Wasson,R.
ECON B385-001	Democracy and Development	Semester / 1	Lecture: 1:00 PM- 4:00 PM W	Dalton Hall 212E	Rock,M., Ross,M.
ECON B393-001	Research Seminar in Industrial and Environmental Regulation	Semester / 1	Lecture: 2:15 PM- 3:45 PM TTH		Ross,D.
ECON B396-001	Research Seminar: International Economics	Semester / 1	Lecture: 2:15 PM- 4:00 PM T	Dalton Hall 6	Ceglowski,J.

Fall 2013

COURSE	TITLE	SCHEDULE/ UNITS	MEETING TYPE TIMES/DAYS	LOCATION	INSTRUCTOR(S)
ECON B105-001	Introduction to Economics	Semester / 1	Lecture: 9:45 AM-11:15 AM TTH	Taylor Hall D	Miller,S.
ECON B105-002	Introduction to Economics	Semester / 1	Lecture: 1:00 PM- 2:30 PM MW	Dalton Hall 119	Ceglowski,J.
ECON B105-003	Introduction to Economics	Semester / 1	Lecture: 2:15 PM- 3:45 PM TTH	Dalton Hall 119	Stahnke,R.
ECON B200-001	Intermediate Microeconomics	Semester / 1	Lecture: 8:15 AM- 9:45 AM TTH	Thomas Hall 110	Ross,D.
			Laboratory: 1:00 PM- 4:00 PM W	Dalton Hall 10
ECON B205-001	Financial Economics	Semester / 1	LEC: 12:45 PM- 2:15 PM TTH	Dalton Hall 119	Miller,S.
ECON B215-001	Urban Economics	Semester / 1	Lecture: 2:30 PM- 4:00 PM MW	Dalton Hall 119	Stahnke,R.
ECON B225-001	Economic Development	Semester / 1	Lecture: 12:45 PM- 2:15 PM TTH	Taylor Hall D	Rock,M.
ECON B243-001	Economic Inequality and Government Policy Choices	Semester / 1	Lecture: 9:45 AM-11:15 AM TTH	Dalton Hall 1	Vartanian,T.
ECON B253-001	Introduction to Econometrics	Semester / 1	Lecture: 9:45 AM-11:15 AM TTH	Dalton Hall 119	Stahnke,R.
ECON B313-001	Industrial Organization and Public Policy	Semester / 1	Lecture: 2:15 PM- 3:45 PM TTH	Dalton Hall 10	Ross,D.
ECON B316-001	International Macroeconomics	Semester / 1	Lecture: 10:00 AM-11:30 AM MW	Dalton Hall 1	Ceglowski,J.
ECON B322-001	Issues in Macroeconomics: Theory, Policy, History	Semester / 1	LEC: 1:00 PM- 2:30 PM MW	Thomas Hall 129	Miller,S.
ECON B395-001	Research Seminar in Economic Development	Semester / 1	Lecture: 1:00 PM- 4:00 PM W	Dalton Hall 10	Rock,M.

Spring 2014

COURSE	TITLE	SCHEDULE/ UNITS	MEETING TYPE TIMES/DAYS	LOCATION	INSTRUCTOR(S)
ECON B105-001	Introduction to Economics	Semester / 1	Lecture: 4:00 PM- 5:30 PM TTH	Dalton Hall 119	Miller,S.
ECON B105-002	Introduction to Economics	Semester / 1	Lecture: 11:15 AM-12:45 PM TTH	Dalton Hall 119	Stahnke,R.
ECON B136-001	Working with Economic Data: Valuing the Environment	Semester / 1	Lecture: 10:00 AM-11:00 AM MWF	Dalton Hall 119	Ross,D.
ECON B202-001	Intermediate Macroeconomics	Semester / 1	Lecture: 9:45 AM-11:15 AM TTH	Thomas Hall 224	Ceglowski,J.
ECON B205-001	Financial Economics	Semester / 1	LEC: 2:30 PM- 4:00 PM MW	Thomas Hall 224	Miller,S.
ECON B214-001	Public Finance	Semester / 1	Lecture: 2:15 PM- 3:45 PM TTH	Dalton Hall 300	Stahnke,R.
ECON B234-001	Environmental Economics	Semester / 1	Lecture: 11:15 AM-12:45 PM TTH	Taylor Hall D	Rock,M.
ECON B236-001	The Economics of Globalization	Semester / 1	Lecture: 12:45 PM- 2:15 PM TTH	Dalton Hall 1	Ceglowski,J.
ECON B304-001	Econometrics	Semester / 1	Lecture: 10:00 AM-11:30 AM MW	Dalton Hall 25	Miller,S.
ECON B348-001	International Trade	Semester / 1	LEC: 1:00 PM- 2:30 PM MW	Dalton Hall 119	Stahnke,R.
ECON B385-001	Democracy and Development	Semester / 1	Lecture: 1:00 PM- 4:00 PM W	Dalton Hall 10	Rock,M., Ross,M.
ECON B393-001	Research Seminar in Industrial and Environmental Regulation	Semester / 1	Lecture: Date/Time TBA		Ross,D.
ECON B396-001	Research Seminar: International Economics	Semester / 1	Lecture: 12:00 PM- 2:00 PM W	Dalton Hall 212E	Ceglowski,J.

2013-14 Catalog Data

ECON B105 Introduction to Economics Fall 2013, Spring 2014 An introduction to micro- and macroeconomics: opportunity cost, supply and demand; consumer choice, the firm and output decisions; market structures; efficiency and market failure; the determination of national income, including government spending, money and interest rates; unemployment, inflation and public policy. Prerequisites: Quantitative Readiness Required. Division I: Social Science Quantitative Readiness Required (QR)

ECON B136 Working with Economic Data
Section 001 (Spring 2014): Valuing the Environment Spring 2014 Applies selected principles of economics to the quantitative analysis of economic data; uses spreadsheets and other tools to collect and judge the reliability of economic data. Topics may include measures of income inequality and poverty; unemployment, national income and other measures of economic well-being; cost-benefit of public and private investments; construction of price indices and other government statistics; evaluating economic forecasts; and the economics of personal finance. Prerequisites: Quantitative Readiness Required.
Current topic description: Economists treat nature as providing environmental services that contribute to the production of goods and services that address human needs and desires. "Working with Economic Data" will focus on the measurement and valuation of those services as part of quantifying market outcomes. Within the discipline, environmental harm is seen as a failure of the market. We will consider how economists measure the magnitude of this deviation from the ideal, and assess efforts to ameliorate the failure. Division I or Quantitative Quantitative Readiness Required (QR) Cross-listed as CITY B136

ECON B200 Intermediate Microeconomics Fall 2013 Systematic development of the analytical framework economists use to explain the behavior of consumers and firms. Determination of price; partial and general equilibria; welfare economics. Application to current economic problems. Prerequisites: ECON B105, BMATH 101 (or equivalent), one 200-level applied microeconomics elective. Division I: Social Science

ECON B202 Intermediate Macroeconomics Spring 2014 The goal of this course is to provide a thorough understanding of the behavior of the aggregate economy and the likely effects of government stabilization policies. Models of output, inflation, unemployment and interest rates are developed, along with theories of consumption, investment, economic growth, exchange rates and the trade balance. These models are used to analyze the likely macroeconomic effects of fiscal and monetary policies and to explore current macroeconomic issues and problems. Prerequisites: ECON 105, MATH 101 (or equivalent), and sophomore standing or permission of the instructor. Division I: Social Science

ECON B205 Financial Economics Fall 2013, Spring 2014 The class covers the economics of how people working in financial markets and intermediaries solve problems associated with: 1) fund raising and 2) risk management. The course covers the emergence of financial markets in history to understand the current financial system, the economics of intertemporal choice, the measurement and management of risk in asset allocation, the capital asset pricing model, the arbitrage pricing theory, derivatives, the economics of banking, capital structure and closes with historical perspectives on financial market crises. Quantitative Methods (QM) Quantitative Readiness Required (QR)

ECON B207 Money and Banking Not offered 2013-14 Analysis of the development and present organization of the financial system of the United States, focusing on the monetary and payment systems, financial markets, and financial intermediaries. May not be taken by students who have completed ECON 307. Prerequisites: ECON 105. Division I: Social Science

ECON B208 Labor Economics Not offered 2013-14 Analysis of labor markets. Focuses on the economic forces and public policies that determine wage rates, and unemployment. Specific topics include: human capital, family decision marking, discrimination, immigration, technological change, compensating differentials, and signaling. Prerequisite: ECON B105. Division I: Social Science

ECON B213 Taming the Modern Corporation Not offered 2013-14 Introduction to the economics of industrial organization and regulation, focusing on policy options for ensuring that corporations enhance economic welfare and the quality of life. Topics include firm behavior in imperfectly competitive markets; theoretical bases of antitrust laws; regulation of product and occupational safety; environmental pollution; and truth in advertising. Prerequisite: ECON B105. Division I: Social Science Cross-listed as CITY B213

ECON B214 Public Finance Spring 2014 Analysis of government's role in resource allocation, emphasizing effects of tax and expenditure programs on income distribution and economic efficiency. Topics include sources of inefficiency in markets and possible government responses; federal budget composition; social insurance and antipoverty programs; U.S. tax structure and incidence. Prerequisites: ECON B105. Division I: Social Science Cross-listed as CITY B214

ECON B215 Urban Economics Fall 2013 Micro- and macroeconomic theory applied to urban economic behavior. Topics include housing and land use; transportation; urban labor markets; urbanization; and demand for and financing of urban services. Prerequisite: ECON B105. Division I: Social Science Cross-listed as CITY B215

ECON B225 Economic Development Fall 2013 Examination of the issues related to and the policies designed to promote economic development in the developing economies of Africa, Asia, Latin America, and the Middle East. Focus is on why some developing economies grow faster than others and why some growth paths are more equitable, poverty reducing, and environmentally sustainable than others. Includes consideration of the impact of international trade and investment policy, macroeconomic policies (exchange rate, monetary and fiscal policy) and sector policies (industry, agriculture, education, population, and environment) on development outcomes in a wide range of political and institutional contexts. Prerequisite: ECON B105. Division I: Social Science Cross-listed as CITY B225 Counts toward Environmental Studies Counts toward International Studies Major

ECON B234 Environmental Economics Spring 2014 Introduction to the use of economic analysis explain the underlying behavioral causes of environmental and natural resource problems and to evaluate policy responses to them. Topics may include air and water pollution; the economic theory of externalities, public goods and the depletion of resources; cost-benefit analysis; valuing non-market benefits and costs; economic justice; and sustainable development. Writing Intensive. Course counts as Writing Intensive Course. Prerequisites: ECON B105. Division I: Social Science Cross-listed as CITY B234 Counts toward Environmental Studies

ECON B236 The Economics of Globalization Spring 2014 An introduction to international economics through theory, policy issues, and problems. The course surveys international trade and finance, as well as topics in international economics. It investigates why and what a nation trades, the consequences of such trade, the role of trade policy, the behavior and effects of exchange rates, and the macroeconomic implications of trade and capital flows. Topics may include the economics of free trade areas, world financial crises, outsourcing, immigration, and foreign investment. Prerequisites: ECON B105. The course is not open to students who have taken ECON B316 or B348. Division I: Social Science Cross-listed as CITY B238 Counts toward International Studies Major

ECON B242 Economics of Local Environmental Programs Not offered 2013-14 Considers the determinants of human impact on the environment at the neighborhood or community level and policy responses available to local government. How can economics help solve and learn from the problems facing rural and suburban communities? The instructor was a local township supervisor who will share the day-to-day challenges of coping with land use planning, waste disposal, dispute resolution, and the provision of basis services. Prerequisite: ECON B105. Division I: Social Science Cross-listed as CITY B204 Counts toward Environmental Studies Counts toward Praxis Program

ECON B243 Economic Inequality and Government Policy Choices Fall 2013 This course will examine the U.S. economy and the effects of government policy choices. The class will focus on the potential trade-offs between economic efficiency and greater economic equality. Some of the issues that will be explored include tax, education, and health care policies. Different perspectives on issues will be examined. Prerequisite: ECON B105. Division I: Social Science Cross-listed as CITY B243

ECON B253 Introduction to Econometrics Fall 2013 An introduction to econometric terminology and reasoning. Topics include descriptive statistics, probability, and statistical inference. Particular emphasis is placed on regression analysis and on the use of data to address economic issues. The required computational techniques are developed as part of the course. Prerequisites: ECON B105 or H101, and H102, and a 200-level elective. Quantitative Quantitative Methods (QM) Cross-listed as CITY B206

ECON B255 Financial Markets, Crises and the Public Response Not offered 2013-14 Analysis of macroeconomic financial crises and the effectiveness of alternative public responses through a variety of different perspectives including economic history, the history of economic thought, and recent developments in macroeconomic theory. May not be taken by students who have completed ECON B307. Prerequisites: ECON B105 Division I: Social Science Quantitative Readiness Required (QR)

ECON B304 Econometrics Spring 2014 The econometric theory presented in ECON 203 is further developed and its most important empirical applications are considered. Each student does an empirical research project using multiple regression and other statistical techniques. Prerequisites: ECON 203 or 204 or 253; ECON 200 or 202 and MATH 201. Division I: Social Science

ECON B313 Industrial Organization and Public Policy Fall 2013 The study of the interaction of buyers, sellers and government in imperfectly competitive markets. Prerequisites: ECON 200 and ECON B253 or B304. Division I: Social Science

ECON B314 The Economics of Social Policy Not offered 2013-14 Introduces students to the economic rationale behind government programs and the evaluation of government programs. Topics include health insurance, social security, unemployment and disability insurance, and education. Additionally, the instructor and students will jointly select topics of special interest to the class. Emphasis will be placed on the use of statistics to evaluate social policy. Prerequisites: ECON 200; ECON 203 or 304. Division I: Social Science Cross-listed as CITY B314

ECON B315 Economics of Information and Uncertainty Not offered 2013-14 A study of economic behavior under conditions of incomplete information and uncertainty. Topics include problems of moral hazard and adverse selection in agency theory and signaling model, sequential games of incomplete information, bilateral bargaining and reputation. Applications include optimal insurance contracts, financial bubbles, credit rationing, and the value of information. Prerequisite: ECON B200. Division I: Social Science

ECON B316 International Macroeconomics Fall 2013 Examines the theory of, and current issues in, international macroeconomics and international finance. Considers the role of international factors in macroeconomic performance; policy-making in an open economy; exchange rate systems and exchange rate behavior; international financial integration; and international financial crises. Prerequisites: ECON B202; ECON 253 or 304. Division I: Social Science

ECON B322 Issues in Macroeconomics: Theory, Policy, History Fall 2013 Several timely issues in macroeconomic theory and policy-making are examined in depth. Possible topics include the implications of chronic deficit spending, the effectiveness of fiscal and monetary policies, growth and productivity. Prerequisites: ECON B203 and B302. Division I: Social Science

ECON B324 The Economics of Discrimination and Inequality Not offered 2013-14 Explores the causes and consequences of discrimination and inequality in economic markets. Topics include economic theories of discrimination and inequality, evidence of contemporary race- and gender-based inequality, detecting discrimination, and identifying sources of racial and gender inequality. Additionally, the instructor and students will jointly select supplementary topics of specific interest to the class. Possible topics include: discrimination in historical markets, disparity in legal treatments, issues of family structure, and education gaps. Prerequisites: At least one 200-level applied microeconomics elective; ECON 253 or 304; ECON 200 or 202. Division I: Social Science Cross-listed as CITY B334 Counts toward Africana Studies

ECON B348 International Trade Spring 2014 Study of the major theories offered to explain international trade. Includes analyses of the effects of trade barriers (tariffs, quotas, non-tariff barriers), trade liberalization, and foreign investment by multinational corporations on growth, poverty, inequality, and the environment. Prerequisite: ECON B200. Division I: Social Science

ECON B385 Democracy and Development Spring 2014 From 1974 to the late 1990's the number of democracies grew from 39 to 117. This "third wave," the collapse of communism and developmental successes in East Asia have led some to argue the triumph of democracy and markets. Since the late 1990's, democracy's third wave has stalled, and some fear a reverse wave and democratic breakdowns. We will question this phenomenon through the disciplines of economics, history, political science and sociology drawing from theoretical, case study and classical literature. Prerequisites: ECON 200; ECON 253 or 304; and one course in Political Science OR Junior or Senior Standing in Political Science OR Permission of the Instructor. Division I: Social Science Cross-listed as POLS B385 Counts toward International Studies Major Counts toward Peace and Conflict Studies

ECON B393 Research Seminar in Industrial and Environmental Regulation Spring 2014 Thesis seminar. Each student does a semester-long research project on a relevant topic of interest. Research topics include the interaction of buyers, sellers, and government in imperfectly competitive markets. Prerequisite: ECON B200; B253 or B304; B234 or B313. Division I: Social Science

ECON B395 Research Seminar in Economic Development Fall 2013 Thesis seminar. Each student is expected to engage in a semester long research project on a relevant topic in economic development. The major work product for the seminar is a senior research paper of refereed journal article length. Students are expected to participate in all group meetings and all one-on-one meetings with the professor. This is a course for majors writing a senior thesis in economic development. Prerequisites: ECON 225; ECON B200 or B202; ECON 253 OR 304.

ECON B396 Research Seminar: International Economics Spring 2014 Thesis seminar. Each student does a semester-long research project on a relevant topic of interest. Research topics in international trade or trade policy, international finance, international macroeconomics, and international economic integration are appropriate. Prerequisites: ECON 316 or 348, or permission of instructor. Division I: Social Science

ECON B403 Supervised Work An economics major may elect to do individual research. A semester-long research paper is required; it satisfies the 300-level research paper requirement. Students who register for 403 must submit an application form before the beginning of the semester (the form is available from the department chair). The permission of both the supervising faculty member and department chair is required.