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ECONOMICS (ECON) Credits: 3 an Advanced Reading Seminar University of New Hampshire 1 ECON 868 - Seminar in Economic Development ECONOMICS (ECON) Credits: 3 An advanced reading seminar. Topics include methodologies underlying Degrees Offered: M.A, Ph.D. economic development theory, industrialization and post-import substitution, state capitalist development, stabilization policies, This program is offered in Durham. appropriate technologies, the capital goods sector, agricultural The Department of Economics (hereafter the Department) at Paul College modernization schemes, and attempts at transition to socialism. offers two of the most distinctive graduate Economics programs in the ECON 908 - Environmental Economics: Theory and Policy country. Credits: 4 Applies microeconomic tools to issues in environmental economics. Our Master of Arts (M.A.), Analytical Economics is an intensive, STEM Considers the role of government, externalities, public goods, property designated, one-year program that provides rigorous training in economic rights, and market failure. Identifies and compares different policy theory and applied econometrics. Students also pursue applied course instruments such as administrative regulation, marketable permits, tax work in data management and visualization, predictive and prescriptive incentives, and direct subsidies, along with consideration of complicating analytics, and artificial intelligence. factors such as information, uncertainty and risk. These tools are applied to various policy issues such as air pollution, solid waste management, At the doctoral level, our program has a dual emphasis on developing and recycling. Prereq: ECON 926 and ECON 976. both research economists and college teachers. Beyond its strengths in the fields of International Economics, Health Economics, and ECON 909 - Environmental Valuation Environmental Economics, the department is known for its emphasis on Credits: 4 the History of Economic Thought and Economic Methodology. Focuses on the theory and methods for estimating the economic values of environmental resources and public goods (such as clean air and Both M.A. and Ph.D. students participate in the department’s high water, preservation of wetlands or coastal resources, etc.) many of which quality weekly research seminar, which attracts leading economists and are not exchanged in established markets and therefore do not have researchers from around the country. prices associated with them. The valuation of environmental resources is an important component in benefit-cost analyses which are used in policy Admission Requirements making. Provides a blend of theory and hands-on applications of methods In addition to requirements established by the Graduate School, and real data sets. Prereq: ECON 926, ECON 927, ECON 976. applicants must submit current scores (within five years) from the ECON 926 - Econometrics I general test of the Graduate Record Exam (GRE). The graduate programs Credits: 4 seek students whose undergraduate experiences provide evidence of Application and theory of statistical and econometric methods to superior ability and promise of independent scholarship. At a minimum, problems in economics. Topics: basic statistical theory, simple and undergraduate preparation should include undergraduate courses in multiple regression, violations of the basic assumptions, generalized economics at the intermediate level, as well as in calculus and statistics. least squares, and introduction to simultaneous equation models. Prereq: Coursework in econometrics is strongly encouraged. undergraduate statistics course. https://paulcollege.unh.edu/economics ECON 927 - Econometrics II Credits: 4 Asymptotic theory, likelihood estimation, simultaneous equations, panel Programs data analysis, binary and multiple choice models, count data analysis, selection models, survival analysis. Prereq: ECON 926. • Analytical Economics (M.A.) ECON 928 - Times Series Econometrics • Economics (Ph.D.) Credits: 4 Basic and advanced time series models with up-to-date empirical Courses techniques with emphasis on the application of econometric tools to economic issues. Selected topics include stationary ARMA models, unit roots and cointegration, VAR, ARCH dynamic panel data models, Economics (ECON) structural break models, and non-linear time series models. Prereq: ECON 825 - Mathematical Economics ECON 926 and ECON 927 or equivalents. Credits: 4 Equivalent(s): ADMN 842, ECON 828 Principal mathematical techniques and their application in economics. ECON 929 - Advanced Econometrics Topics covered: matrix algebra, derivatives, unconstrained and Credits: 4 constrained optimization, linear and nonlinear programming, game theory, Advanced nonlinear Econometrics and an introduction to the asymptotic elements of integral calculus. theory of nonlinear regression. A summary of selected topics include ECON #847 - Multinational Enterprises nonlinear least squares (NLLS), generalized method of moments (GMM), Credits: 3 numerical optimization, bootstrap, maximum likelihood (MLE), quasi- The internationalization of economies. Growth and implications of the maximum likelihood (QMLE), nonparametric and semiparametric multinational corporation at the level of systems. Theories of imperialism, regression, cross-validation. international unity/rivalry; theories of direct investment; the exercise of Equivalent(s): ECON 898 influence and conflict, technology transfer, bargaining with host country; effects on U.S. economy. 2 Economics (ECON) ECON 941 - Survey of Health Economics ECON 973 - Macroeconomics II Credits: 4 Credits: 4 An Introduction to the health care sector of the economy designated to Theory, empirical specification, and tests of macroeconomic functions. provide students with: an overview of the scope of issues covered in the National econometric models. Theories and empirical models of the field; a basic analytical and empirical "tool kit" that will enable them to business cycle and economic growth. Use of models for policy analysis ask and answer questions as a health economist; and an understanding and forecasting. Prereq: ECON 926 and ECON 972. of the most important institutional features of the United States health ECON 976 - Microeconomics I care system. Topics include market failures in health care, demand for Credits: 4 health, public and private insurance programs, health behaviors, and the Survey and applications of modern microeconomic theory. Analysis of relationship between health, income, and inequality. Prereq: ECON 926 households, firms, product and resource markets, and behavior under and ECON 976 (ECON 927 recommended). uncertainty. ECON 942 - Selected Topics in Health Economics ECON 977 - Microeconomics II Credits: 4 Credits: 4 Covers broad range of health-care-related issues and analytical tools Analysis of stability, cooperative and non-cooperative game theory, with the aim of helping students to successfully compete for career information economics, exhaustible resources, disequilibrium, public opportunities in health care education, research, and policy and to goods, public choice, and input-output analysis. Prereq: ECON 976. initiate possible dissertation essays. Topics vary each year in response to specific student interests and current events may include cost- ECON 978 - Teaching Economics benefit and cost-effectiveness analysis, comparative health systems Credits: 4 (international institutions) and pharmaeconomics. Prereq: ECON 926 and This seminar-style course helps prepare graduate students to become ECON 976 (ECON 927 recommended). effective teachers of economics at the college level. Emphasis is on teaching at the principles level. Students study and discuss key issues, ECON 945 - International Trade including the learning process, the objectives of principles classes and Credits: 4 of the economic major, heterogeneous learning styles, chalk and talk, vs. Contemporary issues in international economic theory and policy. active learning, testing and the testing effect, homework, and the role of Analysis of trade theory, dynamics of world trade and exchange, and textbooks. Students also write teaching philosophies, lead discussion international commercial policy. sessions, present research on teaching, and deliver short lectures to the Equivalent(s): ECON 845 class on specific topics at the principles level. ECON 946 - International Finance ECON 979 - Research Skills Credits: 4 Credits: 3 Topics include the macroeconomics of open economics, balance of Aids students in completing their master's paper for which they conduct payments, international financial markets, exchange rate fluctuations and research on a particular economic problem or issue using the knowledge puzzles, currency crises, and exchange rate policy. and skills they have gained from their other classes. While the use of Equivalent(s): ECON 846 data and econometric analysis are encouraged, students may choose a ECON 957 - History of Economic Thought topic that contains neither, such as a paper on the history of thought or Credits: 4 on economic theory. Students meet regularly with their faculty advisor Traces the development of economic thought, with careful examination throughout the term. They also present their work at various stages of and critical appraisal of the contributions made by important figures and completion. Presentations of students' topics and final papers are made schools of thought. to the faculty. Prereq: ECON 926, ECON 972 and ECON 976. ECON 958 - Topics in Economic Thought and Methodology ECON 988 - Graduate Economics Seminar Credits: 4 Credits: 2-12 Advanced
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