Rice Course Schedule, Spring 2002
Economics (ECON)

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NOTE: Course web pages are available for some ECON courses.

ECON 211   PRINCIPLES OF ECONOMICS I                Credits 3.00  Spring 02
* DISTRIBUTION COURSE: GROUP II
* RESTRICTED DISTRIBUTION COURSE: GROUP II
Nature of economics; the price system; household decisions; cost and
supply;
marginal productivity and capital theory; industrial
organization and control;
economic efficiency, externalities, and public
goods.
Enrollment is limited to
45.
001 BB 116 - MWF 11:00AM - 11:50AM      Gugl, Elisabeth           Enr: 38 Max: 45
002 HUM 119 - TTH 09:25AM - 10:40AM     Biyikli, Bahar            Enr: 30 Max: 45
003 BB 102 - MWF 10:00AM - 10:50AM      Chae, Suchan              Enr: 47 Max: 45
004 BB 116 - MWF 01:00AM - 01:50AM      Stepanian, Ara            Enr: 20 Max: NA

ECON 212   PRINCIPLES OF ECONOMICS II               Credits 3.00  Spring 02
* DISTRIBUTION COURSE: GROUP II
* RESTRICTED DISTRIBUTION COURSE: GROUP II
Includes the measurement and determination of national income, money, banking,
and fiscal policy, business cycles, unemployment, and inflation, international
trade and balance of payments, and other contemporary economic problems. A
FOUNDATION COURSE.
Prereq- Econ 211.
001 SH 207B - TTH 09:25AM - 10:40AM     Getachew, Lullit          Enr: 12 Max: 0
002 BB 116 - MWF 10:00AM - 10:50AM      Hendrix, Michele          Enr: 45 Max: NA
003 SH 303 - MWF 11:00AM - 11:50AM      Jeon, Byung               Enr: 19 Max: NA
004 SH 207B - TTH 10:50AM - 12:05PM     Murasko, Jason            Enr: 27 Max: NA
005 BB 116 - MWF 09:00AM - 09:50AM      Smith, Gordon W.          Enr: 16 Max: NA

ECON 355   FINANCIAL MARKETS AND INSTITUTIONS       Credits 3.00  Spring 02
* DISTRIBUTION COURSE: GROUP II
Study the principles of U.S. and international equity and debt markets, and the
interactions between such markets and various countries' monetary and exchange
rate policies.  The role of financial markets and institutions in the
allocation and transfer of credit and risk is highlighted, and various existing
and suggested regulatory frameworks are discussed.
Prereq- Econ 211 and 212.
001 SH 301 - TTH 09:25AM - 10:40AM      El-Gamal, Mahmoud A.      Enr: 52 Max: 0

ECON 370   MICROECONOMIC THEORY                     Credits 3.00  Spring 02
* DISTRIBUTION COURSE: GROUP II
Intermediate level analysis of markets, firms, households, income distribution,
and general equilibrium. Required for economics and mathematical economic
majors. Also offered in summer under Continuing Studies.
Prereq- Econ 211.
001 SH 307 - TTH 10:50AM - 12:05PM      Brown, James Nicholas     Enr: 36 Max: 0

ECON 375   MACROECONOMIC THEORY                     Credits 3.00  Spring 02
* DISTRIBUTION COURSE: GROUP II
Microfoundations of macreoeconomic theory.  Required for mathematical economic
analysis majors.
Prereq- Econ 211, 212, Econ 370, Math 101, Math 102 or equivalents.
001 HB 227 - TTH 09:25AM - 10:40AM      Bryant, John B.           Enr: 28 Max: 0

ECON 380   APPLIED ECONOMETRICS                     Credits 3.00  Spring 02
Applied econometric methods. Focus will be on the application of econometrics
and complimentary measurment methodologies to modeling, forecasting, and
hypothesis testing. Applications will include firm decision making, testing for
discrimination in the workplace, competition policy, portfolio management,
macroeconomic forecasting.
Prereq-ECON 211, ECON 212, ECON 382, or equivalent with approval of instructor.
001 SH 307 - MWF 02:00PM - 02:50PM      Sickles, Robin            Enr: 6 Max: 0

ECON 382   PROBABILITY & STATISTICS                 Credits 3.00  Spring 02
Study of probability theory and the central concepts and methods of statistics
with applications to economics, marketing, and finance. Required for
mathematical economic analysis majors; may substitute STAT 410 or 431. Also
offered as STAT 310.
Prereq- Econ 211 and Math 102.
001 DH 1064 - TTH 01:00PM - 02:50PM     Scott, David W.           Enr: 7 Max: 0

ECON 400   ECONOMETRICS                             Credits 3.00  Spring 02
Survey of estimation and forecasting models. Includes multiple regression time
series,
contingency table analysis, and Bayesian inference.
Required for
mathematical economic analysis majors. Also offered as STAT 400.
Prereq-Econ 382 or Stat 310 or Stat 381 and Math 355 or Caam 310.
001 BB 102 - TTH 09:25AM - 10:40AM      Brown, Bryan W.           Enr: 18 Max: NA

ECON 403   SENIOR INDEPENDENT RESEARCH              Credits 3.00  Spring 02
No description.
Prereq- permission of instructor.
001 TBA - TBA                           Staff                     Enr: 4 Max: 0

ECON 404   SENIOR INDEPENDENT RESEARCH              Credits 3.00  Spring 02
No description.
Prereq- permission of instructor.
001 TBA - TBA                           Staff                     Enr: 3 Max: 0

ECON 415   LABOR ECONOMICS                          Credits 3.00  Spring 02
* DISTRIBUTION COURSE: GROUP II
Covers a number of topics relating to labor supply, labor demand, and
equilibrium in the labor market. Tthe course presents theoretical and empirical
work in each of the subject areas covered.  The presentation requires that
students have a firm foundation in microeconomic theory, and it requires that
sutdents be willing to improve, over the course of the semester, their ability
to apply the basic tools of microeconomic analysis.  Though Econ 415 requires
no prior courses in statistics or econometrics, some elementary knowledge of
these subjects will be necessary for an understanding of the empirical work
discussed in the course.  Consequently, students in this course should be
prepared to study some of the empirical techniques used by labor economists.
Prereq- Econ 211, Econ 370, Math 101 and Math 102 (or equivalent).
001 BB 116 - TTH 01:00PM - 02:15PM      Brown, James Nicholas     Enr: 16 Max: 0

ECON 416   ECONOMIC HISTORY OF THE U.S. 1700-1945   Credits 3.00  Spring 02
* DISTRIBUTION COURSE: GROUP II
Overview of U.S. economic history from the colonial period to World War II.
Prereq- Econ 211 and Econ 370 or 372 and 382.
001 SH 207A - TTH 09:25AM - 10:40AM     Hasker, Kevin E.          Enr: 12 Max: 0

ECON 420   INTERNATIONAL TRADE                      Credits 3.00  Spring 02
* DISTRIBUTION COURSE: GROUP II
Study of the economic relationships between countries.  Includes trade theory,
tariffs and other trade restrictions, international finance, trade and
development, and current policy issues.
Prereq- Econ 211, 212, and 370.
001 SH 309 - MWF 11:00AM - 11:50AM      Smith, Gordon W.          Enr: 42 Max: 0

ECON 439   ECONOMICS OF THE LAW II                  Credits 3.00  Spring 02
* DISTRIBUTION COURSE: GROUP II
The role of economics in understanding the legal system.  Applications to
financial markets, insurance, discrimination and constitutional issues. Limited
enrollment to 25.
Prereq- Econ 211 and 370 or permission of the instructor;  Econ 438.
001 BB 116 - TTH 09:25AM - 10:40AM      Brito, Dagobert L.        Enr: 17 Max: 25

ECON 448   CORPORATION FINANCE                      Credits 3.00  Spring 02
* DISTRIBUTION COURSE: GROUP II
Study of financial analysis, planning, and control in modern corporations.
Includes valuation, cost and allocation of capital, and capital markets, May
also be offered in the summer.
Econ 211 and Acco 305.
001 SH 309 - MWF 09:00AM - 09:50AM      Hartley, Peter R.         Enr: 54 Max: 0

ECON 455   MONEY AND FINANCIAL MARKETS              Credits 3.00  Spring 02
Study of the determinants of demand and supply of money, bonds, stocks, and
other financial assets. Includes financial intermediaries, monetary policy,
inflation, and international linkages among financial markets. Not offered
every year.
Prereq-Econ 375 and Math 101 and 102 (or equivalents).
001 SH 307 - TTH 01:00PM - 02:15PM      Bryant, John B.           Enr: 30 Max: 0

ECON 472   INTRODUCTION TO GAME THEORY              Credits 3.00  Spring 02
Study of solution concepts for different games (e.g. strategic form game,
coalition form game and extensive form game).  Includes elementary application
to economics and political science.
001 BB 116 - TTH 10:50AM - 12:05PM      Ohno, Yuka                Enr: 37 Max: 0

ECON 475   OPERATIONS RESEARCH DETERMINISTIC MODELS Credits 3.00  Spring 02
* DISTRIBUTION COURSE: GROUP II
Modeling and solving optimization problems with discrete components, graphs and
networks; network flow problems; minimum spanning trees; basic polyhedral
theory; the knapsack problem; the plant location problem; the set packing
problem; computational complexity, branch and bound; cutting planes; Lagrangian
relaxation and Bender's decomposition.
Prereq- Caam 471.  Also offered as Caam 475
001 DH 1042 - TBA                       Staff                     Enr: 0 Max: 0

ECON 484   PUBLIC EXPENDITURE THEORY AND SOCIAL INS Credits 3.00  Spring 02
* DISTRIBUTION COURSE: GROUP II
Public goods theory including non-rival and congestible public facilities,
theory of local public goods including the economics of education.  The problem
of preference revelation and the fundamentals of benefit-cost analysis.
Analysis of the effects of social security, old age retirement, and the role of
govenment in financing healthcare - medicare and medicaid.
Prereq - Econ 211
001 HB 227 - MWF 10:00AM - 10:50AM      Mieszkowski, Peter        Enr: 29 Max: 0

ECON 486   CONTEMPORARY ECONOMIC ISSUES             Credits 3.00  Spring 02
Analysis or urgent and significant economic problems, with emphasis on the
evaluation of policy remedies.  Content varies from year to year.  Not offered
every year.
Pre-req-ECON 370 or 372.
001 SH 207A - TTH 12:45PM - 02:00PM     Hasker, Kevin E.          Enr: 0 Max: 0

ECON 505   MACROECON/MONETARY THEORY II             Credits 5.00  Spring 02
More detailed discussion of selective Macroeconomic and Monetary topics.
001 BB 271 - TTH 09:25AM - 10:40AM      Cordoba, Carlos Juan      Enr: 7 Max: 0

ECON 506   TOPICS IN MACROECON/MONETARY THEORY      Credits 5.00  Spring 02
Selected topics of current interest.  The purpose of the course is to introduce
students to active research issues and methods to the neoclassical school.
001 BB 271 - MW 12:45PM - 02:00PM       Barut, Yasar N.           Enr: 1 Max: 0

ECON 508   MICROECONOMIC THEORY II                  Credits 5.00  Spring 02
Continuation of Economics 507.  Set theoretic approach to general equilibrium;
aggregate linear and nonlinear production models; existence, stability,
optimality.
001 BB 271 - TTH 12:45PM - 02:00PM      Dudey, Marc P.            Enr: 8 Max: 0

ECON 510   ECONOMETRICS I                           Credits 5.00  Spring 02
Estimation and inference in single equation regression models,
multicollinearity, autocorrelated and heteroskedastic disturbances, distributed
lags, asymptotic theory, and maximum likelihood techniques.  Emphasis is placed
on the ability to analyze critically the literature. Also offered as Stat 610
Prereq- Econ 504.
001 BB 271 - TTH 02:10PM - 03:25PM      El-Gamal, Mahmoud A.      Enr: 8 Max: 0

ECON 516   ECONOMIC HISTORY OF THE U.S.             Credits 5.00  Spring 02
Overview of U.S. economic history from the colonial period to World War II.
001 SH 207A - TTH 09:25AM - 10:40AM     Hasker, Kevin E.          Enr: 2 Max: 0

ECON 519   ECONOMIC GROWTH AND DEVELOPMENT          Credits 3.00  Spring 02
Analysis of theory and policy questions relating to the level and rate of
economic development.  Not offered every year.
001 BB 114 - TTH 09:25AM - 10:40AM      Berman, Eli               Enr: 3 Max: NA

ECON 521   PUBLIC FINANCE I                         Credits 5.00  Spring 02
Theory of public goods and externalities, political mechanisms and public
choice, theory of local public goods, cost-benefit analysis and project
evaluation issues of income redistribution.
001 BB 271 - MW 02:10PM - 03:25PM       Mieszkowski, Peter        Enr: 5 Max: 0

ECON 577   TOPICS IN ECONOMIC THEORY -MECHANISM DES Credits 5.00  Spring 02
Discussion of topics in advanced economic theory.  Not offered every year.
001 SH 207A - TTH 12:45PM - 02:00PM     Hasker, Kevin E.          Enr: 2 Max: 0

ECON 578   TOPICS IN ECONOMIC THEORY II             Credits 5.00  Spring 02
Discussion of selected topics in advanced economical theory.  Not offered every
year.
001 BB 271 - F 12:00PM - 02:45PM        Chae, Suchan              Enr: 3 Max: 0

ECON 579   TOPICS IN ECONOMETRICS                   Credits 5.00  Spring 02
Selected topics in advanced Econometrics.
001 BB 271 - F 09:00AM - 11:45AM        Chang, Yoosoon            Enr: 8 Max: 0

ECON 594   WORKSHOP IN ECONOMICS I                  Credits 5.00  Spring 02
Continuation of Econ 593.
001 BB 116 - M 03:00PM - 05:00PM        Barut, Yasar N.           Enr: 0 Max: 0
002 BB 116 - TH 03:00PM - 05:00PM       Moulin, Herve             Enr: 7 Max: NA
003 BB 116 - F 03:00PM - 05:00PM        El-Gamal, Mahmoud A.      Enr: 4 Max: NA
004 BB 116 - T 03:00PM - 05:00PM        Berman, Eli               Enr: 0 Max: NA

ECON 596   WORKSHOP IN ECONOMICS II                 Credits 3.00  Spring 02
Second-year continuation of Econ 593-594.
001 TBA - TBA                           Staff                     Enr: 0 Max: 0
002 TBA - TBA                           Staff                     Enr: 0 Max: NA
003 TBA - TBA                           Staff                     Enr: 0 Max: NA
004 TBA - TBA                           Staff                     Enr: 0 Max: NA

ECON 598   READINGS IN ADVANCED TOPICS              Credits 3.00  Spring 02
No description
001 TBA - TBA                           Staff                     Enr: 0 Max: 0
002 TBA - TBA                           Staff                     Enr: 0 Max: NA

ECON 800   GRADUATE RESEARCH                        Credits   Spring 02
No Description.
001 TBA - TBA                           Hartley, Peter R.         Enr: 17 Max: 0