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Energy Economics 1 Energy Economics 1 To view the list of official course offerings, please see Rice’s ENERGY ECONOMICS Course Catalog (https://courses.rice.edu/admweb/!SWKSCAT.cat? p_action=cata) Contact Information To view the most recent semester’s course schedule, please see Rice's Course Schedule (https://courses.rice.edu/admweb/!SWKSCAT.cat) Economics https://economics.rice.edu/ 408 Kraft Hall Economics (ECON) 713-348-3563 ECON 100 - PRINCIPLES OF ECONOMICS Short Title: PRINCIPLES OF ECONOMICS George Zodrow Department: Economics Department Chair Grade Mode: Standard Letter [email protected] Course Type: Lecture Distribution Group: Distribution Group II Peter Reginald Hartley Credit Hours: 3 Co-Director of MEEcon Program Restrictions: Enrollment is limited to Undergraduate, Undergraduate [email protected] Professional or Visiting Undergraduate level students. Kenneth Medlock Course Level: Undergraduate Lower-Level Co-Director of MEEcon Program Description: Introduction to the basic concepts of microeconomics and [email protected] macroeconomics. Microeconomics component includes analysis of supply and demand, consumer and producer behavior, and competitive and noncompetitive market equilibria, with applications to current policy issues. Macroeconomics component provides an overview of The Master of Energy Economics (MEEcon) is a professional master’s the determination of national output, employment, interest rates, and program emphasizing applying economic theory, economic and financial inflation, and analyzes monetary fiscal policies and international trade. modeling and analysis, and quantitative and statistical methods to Designed for both non-majors and majors. provide insightful analysis of issues and policies affecting the energy ECON 101 - INTRODUCTION TO MICROECONOMICS industry. The program provides rigorous training in various areas Short Title: INTRODUCTION TO MICROECONOMICS including microeconomics, econometrics, economic and financial Department: Economics modeling, risk management, economic forecasting, geopolitics, Grade Mode: Standard Letter and political economy. Students will enhance their analytical and Course Type: Lecture quantitative skills and acquire the necessary energy industry knowledge Distribution Group: Distribution Group II to understand challenges related to technology, business, investment and Credit Hours: 3 regulation, and economic forecasting. Restrictions: Enrollment is limited to Undergraduate, Undergraduate The MEEcon degree is designed to educate future leaders and strategic Professional or Visiting Undergraduate level students. thinkers in the energy sector. Students develop skills to provide insightful Course Level: Undergraduate Lower-Level analysis of energy markets in order to inform future market orientation, Description: Introduction to microeconomic analysis at a level suitable capital asset decisions and firm strategic direction. Built upon programs for non-majors. Applies only for transfer credit and requires departmental in the Economics Department and the Baker Institute’s Center for approval. Approved credit counts toward total credit hours required for Energy Studies (CES), the MEEcon degree provides a new avenue for graduation and for distribution, but does not count toward the ECON energy professionals to develop human capital relevant for business or MTEC majors. Mutually Exclusive: Cannot register for ECON 101 if development and/or strategic planning roles. student has credit for ECON 111. Mutually Exclusive: Cannot register for ECON 101 if student has credit for ECON 111. Energy Economics does not currently offer an academic program at the ECON 103 - INTRODUCTION TO MACROECONOMICS undergraduate level. Short Title: INTRODUCTION TO MACROECONOMICS Department: Economics Master's Program Grade Mode: Standard Letter • Master of Energy Economics (MEEcon) Degree (https://ga.rice.edu/ Course Type: Lecture programs-study/departments-programs/social-sciences/energy- Distribution Group: Distribution Group II economics/energy-economics-meecon/) Credit Hours: 3 Restrictions: Enrollment is limited to Undergraduate, Undergraduate Chair, Department of Economics Professional or Visiting Undergraduate level students. Course Level: Undergraduate Lower-Level George Zodrow Description: Introduction to macroeconomic analysis at a level suitable for non-majors. Applies only for transfer credit and requires departmental Co-Directors approval. Approved credit counts toward total credit hours required for Peter Reginald Hartley graduation and for distribution, but does not count toward the ECON Kenneth Medlock or MTEC majors. Mutually Exclusive: Cannot register for ECON 103 if student has credit for ECON 112/ECON 113. Mutually Exclusive: Cannot For Rice University degree-granting programs: register for ECON 103 if student has credit for ECON 112/ECON 113. 2021-2022 General Announcements PDF Generated 09/23/21 2 Energy Economics ECON 111 - AP/OTH CREDIT IN MICROECONOMICS ECON 203 - MACROECONOMICS Short Title: AP/OTH CREDIT MICROECONOMICS Short Title: MACROECONOMICS Department: Economics Department: Economics Grade Mode: Transfer Courses Grade Mode: Standard Letter Course Type: Transfer Course Type: Lecture Credit Hours: 1-6 Distribution Group: Distribution Group II Restrictions: Enrollment is limited to Undergraduate, Undergraduate Credit Hours: 3 Professional or Visiting Undergraduate level students. Restrictions: Enrollment is limited to Undergraduate, Undergraduate Course Level: Undergraduate Lower-Level Professional or Visiting Undergraduate level students. Description: Provides transfer credit based on student performance Course Level: Undergraduate Lower-Level on approved examinations in microeconomics, such as the Advanced Prerequisite(s): ECON 100 Placement microeconomics exam, the International Baccalaureate Description: Analyzes aggregate performance of the national economy higher-level economics exams, or the A-Level economics exam, or for an including output, inflation, interest rates, employment, the business cycle, approved introductory microeconomics course. Approved credit counts monetary and fiscal policy, and more generally the role of government toward total credit hours required for graduation, but does not count for in influencing aggregate economic performance. Introduces both the distribution or toward the ECON or MTEC majors. Mutually Exclusive: traditional aggregative only approach to Macroeconomics and the more Cannot register for ECON 111 if student has credit for ECON 101. recent New Classical and New Keynesian micro-foundations approaches. Mutually Exclusive: Cannot register for ECON 111 if student has credit for Mutually Exclusive: Cannot register for ECON 203 if student has credit for ECON 101. ECON 303. ECON 113 - AP/OTH CREDIT IN MACROECONOMICS ECON 205 - INTRODUCTION TO GAME THEORY Short Title: AP/OTH CREDIT MACROECONOMICS Short Title: INTRODUCTION TO GAME THEORY Department: Economics Department: Economics Grade Mode: Standard Letter Grade Mode: Standard Letter Course Type: Transfer Course Type: Lecture Credit Hours: 1-6 Distribution Group: Distribution Group II Restrictions: Enrollment is limited to Undergraduate, Undergraduate Credit Hours: 3 Professional or Visiting Undergraduate level students. Restrictions: Enrollment is limited to Undergraduate, Undergraduate Course Level: Undergraduate Lower-Level Professional or Visiting Undergraduate level students. Description: Provides transfer credit based on student performance Course Level: Undergraduate Lower-Level on approved examinations in macroeconomics, such as the Advanced Description: This course provides an introduction to game theory, a Placement macroeconomics exam, the International Baccalaureate branch of mathematics that studies decision-making by agents in higher-level economics exams, or the A-Level economics exam, or for an situations where the outcome for each depends on the actions taken approved introductory macroeconomics course. Approved credit counts by all. Students will develop a familiarity with analytical tools that have toward total credit hours required for graduation, but does not count for found applications in, for example, economics and other social sciences, distribution or toward the ECON or MTEC majors. Mutually Exclusive: biology, computer science, and philosophy. Designed for students who do Cannot register for ECON 113 if student has credit for ECON 103. not wish to major in ECON or MTEC and does not apply to ECON or MTEC Mutually Exclusive: Cannot register for ECON 113 if student has credit for major requirements. Mutually Exclusive: Cannot register for ECON 205 if ECON 103. student has credit for ECON 300. ECON 200 - MICROECONOMICS ECON 209 - APPLIED ECONOMETRICS Short Title: MICROECONOMICS Short Title: APPLIED ECONOMETRICS Department: Economics Department: Economics Grade Mode: Standard Letter Grade Mode: Standard Letter Course Type: Lecture/Laboratory Course Type: Lecture/Laboratory Distribution Group: Distribution Group II Distribution Group: Distribution Group II Credit Hours: 4 Credit Hours: 4 Restrictions: Enrollment is limited to Undergraduate, Undergraduate Restrictions: Enrollment is limited to Undergraduate, Undergraduate Professional or Visiting Undergraduate level students. Professional or Visiting Undergraduate level students. Course Level: Undergraduate Lower-Level Course Level: Undergraduate Lower-Level Prerequisite(s): ECON 100 and (MATH 102 (may be taken concurrently) or Prerequisite(s): (ECON 100 or ECON 200) and (ECON 307 or STAT 310 or MATH 106) STAT 315 or DSCI 301) Description:
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