Courses
Learn more about the courses you'll take.
Advanced Price Theory (ECON 504)
Economic theory and methodology; theory of consumer behavior and demand; theory of
production and distribution; equilibrium in commodity and factor markets; general
equilibrium and welfare; behavior of economic agents in imperfect competition. Particular
attention is given to efficiency and equity ramifications of perfectly competitive
economic systems.
Prereqs: ECON 308
Advanced Macroeconomic Theory (ECON 505)
Advanced study of macroeconomic theoretical models with particular attention to the
analysis of business cycles, income growth and evaluation of public policies concerned
with inflation and unemployment.
Prereqs: ECON 309 and ECON 416
Econometrics (ECON 506)
Econometric methods, theory, and applications. Topics include linear regression, least-squares
estimation, inference, and hypothesis testing.
Prereqs: ECON 210 and MATH 146/165
Topics in Applied Econometrics (ECON 510)
Statistical models and applied econometrics methods relevant to estimation and the
testing of economic relationships.
Prereqs: ECON 410
Advanced Managerial Economics (ECON 514)
Microeconomic analysis applied to business decision-making. Topics include: the nature
and scope of the firm, strategic decisions concerning product line, pricing, entry
or exit from specific markets and the internal organization of the firm. Case studies
are utilized as a main method of analysis.
Prereqs: ECON 201, ISBC 217, MATH 146 Advanced International Economics (ECON 524)This
course provides a broad overview of international trade theory, policy, and/ or international
finance. The course focuses on empirical application based on these theories.
Prereqs: ECON 410
Applied Economic Analysis (ECON 534)
This is an applied course in economics, the purpose of which is to build on the tools
learned in previous coursework, learn new tools, and discover how to apply these tools
to the analysis of data from the real world. The course includes theory, though the
focus is on applying the tools of modern econometrics to the study of cross sectional,
time series, and panel data.
Prereqs: ECON 410, ECON 411, ECON 414, ECON 416, and ECON 504
Applied Public Economics (ECON 545)
This course aims to familiarize the student with the current literature on the economics
and econometrics of policy and program evaluation.
Prereqs: ECON 410 and ECON 504
Demographic Methods for Economics (ECON 565)
We examine the three key demographic processes: mortality, fertility, and migration.
The course emphasis will be on model development for each of the processes. Applications
include economic policy issues such as pensions, medical insurance, and other current
issues.
Prereqs: ECON 210
Advanced Special Topics (ECON 575)
Topics of course will change from semester to semester but will typically emphasize an important aspect of economic theory or a significant issue in economic policy. Repeatable to 6 credits with different topics.
Economic Development: Global, National, and Regional Issues (ECON 580)
The first part of this course focuses on growth theories, globalization and economic
development and sustainable growth among less developed, developing, and more developed
countries, as well as countries in transition to market economies. The second part
of the course specifically examines economic development for advanced nations, incorporating
rural, urban and regional economic analysis. Issues such as rural technology, employment,
poverty, housing, transportation, location problems, industrialization, urbanization
and sustainable growth in North Dakota and North Central Region are explored.
Prereqs: ECON 504 and ECON 505
Applied Economics Research Seminar (ECON 596)
Seminar course intended to strengthen and further develop essential skills of research and formal presentation (written and oral) for both academic and professional audiences. Students will apply these skills to the development of their individual Independent Study or Thesis Project Proposal. Enrollment is restricted to MS degree students who plan to complete their Independent Study or Thesis in the following academic year.
Economic Research Internship (ECON 597)
An internship is designed to provide the student with an opportunity for participating in a supervised work experience directly related to the field of training. Students will work closely with the program adviser in planning the internship with an approved cooperating institution. Prerequisite: Permission of program director. Repeatable to 3 credits.
Continuing Enrollment (ECON 996) 1-12 credits.
Repeatable. S/U grading
Independent Study (ECON 997)
The independent study requires the student to investigate a topic in applied economics and to prepare a formal report satisfactory to the MS program director.
Undergraduate Courses for Graduate Credit
Public Finance (ECON 324)
Growth and effects of the public sector of the economy emphasizing effects of taxation and spending or borrowing and debt management on efficiency and use of economic resources.
Prereqs: ECON 201 and ECON 202
International Economics (ECON 338)
Economic basis for gain in international trade; capital and population movements;
international disequilibrium and the process of balance-of-payments adjustments; tariffs,
underdeveloped countries.
Prereqs: ECON 201 and ECON 202
Labor Economics and Labor Relations (ECON 341)
A survey of the nature and causes of the economic problems of the American wage and
salary earner and of the attempts of wage earners and society, through organizations
and legislation, to alleviate these problems. The course comparatively surveys the
history and systematic theories of labor movements and the market and institutional
influences on wages and employment. Particular emphasis will be placed on the law
of industrial relations, employment and income access, and the adjustment of labor
disputes.
Prereqs: ECON 201 and ECON 202
Economic Forecasting (ECON 411)
An introduction to Economics Forecasting and Time Series Analysis. The course will cover specifications and estimation of ARMA models, seasonality, non-stationarity, unit roots and forecast evaluations. Empirical applications are used throughout the course. Prerequisite: ECON 410 or ECON 506
Mathematics for Economists (ECON 416)
Study of mathematical methods in the areas of introductory calculus and linear algebra,
and their application to economic analysis. Mathematical analysis of static and dynamic
equilibrium models, growth models, distribution, production functions, cycles, activity
analysis, mathematical programming, and model building.
Prereqs: ECON 308, ECON 309, and MATH 146/165
International Money and Finance (ECON 438)
Identification of key international financial concepts and analysis of their relationships
in the international money and capital markets; determination of the balance of payments
and exchange rates; and examination of alternative organizations of the international
monetary system.
Prereqs: ECON 303