|
Admittance
to
300-
and
400-level
School
of
Management
courses
will
be
granted
only
to
students
with
upper-division
standing.
Others
will
be
admitted
only
with
the
written
permission
of
the
appropriate
department
head.
Students
enrolling
in
School
of
Management
courses
are
expected
to
have
completed
the
necessary
prerequisites
for
each
course.
A
$25.00
per
semester
student
computing
facility
user
fee
will
be
assessed
for
any
student
enrolling
in
one
or
more
School
of
Management
courses
except
ECON
100X
(AIS,
ACCT,
BA
and
ECON).
This
fee
is
in
addition
to
any
lab/material
fees.
ECON
100X
(3
Credits)
Fall,
Spring
Political
Economy
(3+0)
s
(Cross-listed
with
PS
100X)
Survey
of
the
evolution
and
operation
of
the
American
domestic
political
economy
with
consideration
of
market
failures
and
government
responses.
Review
of
major
issues
in
political
economy
such
as
inflation,
poverty
and
budget
deficits.
Exploration
of
linkages
between
American
and
global
systems.
Also
available
via
Independent
Learning.
ECON
111
(3
Credits)
As
Demand
Warrants
Economics
of
Rural
Alaska
(3+0)
Basic
economic
concepts
as
they
relate
to
issues
and
problems
of
contemporary
regional
development
in
rural
Alaska.
Socioeconomic
consequences
of
the
introduction
of
new
technologies,
modern
economic
intra-structures
and
corporate
relationships
to
traditional,
small
scale
communities.
ECON
200
(4
Credits)
Fall,
Spring
Principles
of
Economics
(4+0+1)
s
Goals,
incentives
and
outcomes
of
economic
behavior
with
applications
and
illustrations
from
current
issues:
operation
of
markets
for
goods,
services,
and
factors
of
production;
the
behavior
of
firms
and
industries
in
different
types
of
competition;
and
income
distribution.
The
functioning
and
current
problems
of
the
aggregate
economy,
determination
and
analysis
of
aspects
of
international
exchange.
(Prerequisite:
Sophomore
standing
or
permission
of
instructor.)
ECON
201
(3
Credits)
Fall,
Spring
Principles
of
Economics
I:
Microeconomics
(3+0) s
Price
and
market
theory,
income
distribution,
contemporary
problems
of
labor,
agriculture,
market
structure
and
pollution.
ECON
202
(3
Credits)
Fall,
Spring
Principles
of
Economics
II:
Macroeconomics
(3+0) s
Analysis
and
theory
of
national
income,
money
and
banking
and
stabilization
policy.
ECON
227
(3
Credits)
Fall,
Spring
Intermediate
Statistics
for
Economics
and
Business
(3+0)
Extension
of
topics
developed
in
STAT
200.
Development
of
statistical
techniques
and
their
application
to
economic
and
business
problems.
Simple
and
multiple
regression
and
correlation,
analysis
of
variance,
forecasting
techniques,
quality
control,
nonparametric
methods
and
decision
theory.
(Prerequisite:
AIS
101
or
equivalent;
STAT
200;
or
permission
of
instructor.)
ECON
235
(3
Credits)
Fall
Introduction
to
Natural
Resource
Economics
(3+0) s
Microeconomic
principles
and
their
application
to
natural
resource
issues.
Topics
include
supply,
demand,
marginality,
optimality,
elementary
production
economics,
economic
rent,
and
comparative
advantage.
These
principles
applied
to
agency
budget
allocation
decisions,
multiple
use,
resource
valuation,
conservation,
market
failure
and
public
outdoor
recreation
problems.
ECON
237
(3
Credits)
Spring
The
Alaskan
Economy
(3+0) s
Economic
problems
in
Alaska
with
analysis
of
historical
trends
and
current
patterns
of
economic
growth;
emphasis
on
present
and
future
alternative
economic
policies,
and
their
potential
impacts.
Also
available
via
Independent
Learning.
ECON
321
(3
Credits)
Fall
Intermediate
Microeconomics
(3+0) s
Analysis
of
demand
and
supply
under
various
market
forms,
cost
and
theory
of
production,
factor
pricing
and
theory
of
distribution,
and
survey
of
welfare
economics.
(Prerequisites:
ECON
200
and
MATH
262X
or
equivalent,
upper
division
standing.)
ECON
322
(3
Credits)
Spring
Managerial
Economics
(3+0)
Interpretation
of
economic
data
and
applications
of
economic
theory
in
business
firms.
Bridging
the
gap
between
theory
and
practice
through
empirical
studies,
cases,
and
decision
problems.
Emphasis
upon
decision-making
using
analysis
of
research
data.
(Prerequisites:
ECON
200
and
MATH
262X
or
equivalent,
upper
division
standing.)
ECON
324
(3
Credits)
Spring
Intermediate
Macroeconomics
(3+0) s
Concepts
and
measurement
of
income,
analysis
of
aggregate
demand
and
supply
and
their
relation
to
the
level
of
prices,
employment
and
economic
growth.
(Prerequisites:
ECON
200
and
upper
division
standing.)
ECON
335O
(3
Credits)
Spring
Intermediate
Natural
Resource
Economics
(3+0) s
Extension
of
concepts
developed
in
ECON
235,
using
a
higher
level
of
economic
analysis.
Topics
include
welfare
economics
and
economic
efficiency
concepts,
benefit/cost
analysis,
resource
allocation
overtime,
resource
taxation,
common
property
problems,
externalities,
public
goods,
valuation
of
non-market
resources
and
land
use
planning
issues.
(Prerequisite:
ECON
200
or
235;
COMM
131X
or
141X;
MATH
262X
or
equivalent;
and
upper
division
standing.)
ECON
350
(3
Credits)
Fall
Money
and
Banking
(3+0) s
The
liquid
wealth
system
in
the
United
States,
including
the
commercial
banking
system,
the
Federal
Reserve
System,
and
nonbank
financial
institutions;
the
regulation
of
money
and
credit
and
its
impact
on
macroeconomic
policy
objectives.
(Prerequisite:
ECON
200
and
upper
division
standing.)
ECON
351
(3
Credits)
Alternate
Fall
Public
Finance
(3+0) s
Economic
justifications
for
government;
federal,
state
and
local
government,
taxation,
spending
and
debt;
their
effects
on
allocation,
distribution,
stabilization
and
growth.
(Prerequisite:
ECON
200
and
upper
division
standing.
Next
offered:
2003-04.)
ECON
409W
(3
Credits)
Alternate
Fall
Industrial
Organization
and
Public
Policy
(3+0) s
The
relationship
of
market
structure
to
the
economic
conduct
and
performance
of
firms
and
industries,
the
determinants,
measurement
and
classification
of
market
structure,
public
policy
toward
mergers,
industrial
concentration
and
aggregate
concentration.
(Prerequisites:
ECON
200;
ENGL
111X;
MATH
262X
or
equivalent;
and
upper
division
standing.
Next
offered:
2003-04.)
ECON
420W
(3
Credits)
Alternate
Fall
Labor
Markets
and
Public
Policy
(3+0) s
Application
of
labor
market
analysis
and
wage
theory
as
they
relate
to
public
policy
issues.
Topics
include
determination
of
wages,
taxation
and
employment,
economic
impact
of
unions,
economics
of
discrimination
and
issues
relating
to
women's
and
minorities'
changing
roles
in
the
labor
market.
(Prerequisite:
ECON
200;
ENGL
111X;
and
upper
division
standing.
Next
offered:
2003-04.)
ECON
434W
(3
Credits)
Alternate
Spring
Environmental
Economics
(3+0)
An
extension
of
concepts
introduced
in
ECON
235,
using
a
higher
level
of
economic
analysis.
An
analysis
of
the
economic
forces
involved
in
environmental
degradation,
preservation,
and
regulation.
Topics
include
pollution,
biodiversity,
wilderness
and
climatic
change.
(Prerequisite:
ECON
200
or
235;
ENGL
111X;
MATH
262X
or
equivalent;
and
upper
division
standing.
Next
offered:
2004-05.)
ECON
435W
(3
Credits)
As
Demand
Warrants
Forest
Resource
Economics
(3+0) s
Forest
resource
economics.
Analysis
of
the
benefits
and
costs
from
forest
activities.
Considers
multiple
use
and
sustained
yield
goals
of
the
U.S.
Forest
Service.
Topics
include
present
value
of
timber
and
non-timber
outputs,
forest
taxation,
forest
valuation
and
regional
economic
impacts.
(Prerequisite:
ECON
200
or
235;
ENGL
111X;
MATH
262X
or
equivalent;
or
permission
of
instructor.)
ECON
437W
(3
Credits)
Alternate
Fall
Regional
Economic
Development
(3+0)
Determinants
and
effects
of
the
spatial
distribution
of
economic
activity.
Impact
of
public
policy
on
regional
development
within
the
Alaska
context.
(Prerequisite:
ECON
200;
ENGL
111X;
MATH
262X
or
equivalent;
and
upper
division
standing.
Next
offered:
2004-05.)
ECON
439W
(3
Credits)
Alternate
Spring
Energy
Economics
(3+0) s
(Stacked
with
ECON
639)
Market
forces
and
institutions
affecting
the
allocation
of
energy
resources.
Special
attention
to
intertemporal
allocative
decisions
and
the
role
that
public
policy
plays
in
influencing
the
rate
at
which
energy
resources
are
used
over
time.
(Prerequisite:
ECON
200
or
ECON
235;
ENGL
111X;
and
upper
division
standing.
Next
offered:
2004-05.)
ECON
451W
(3
Credits)
Alternate
Spring
Public
Expenditure
Analysis
(3+0)
Purposes
and
economic
effects
of
governmental
expenditures,
budgeting
techniques,
and
their
effects
on
resource
allocation.
(Prerequisite:
ECON
200;
ENGL
111X;
MATH
262X
or
equivalent;
and
upper
division
standing.
Next
offered:
2004-05.)
ECON
463W
(3
Credits)
Fall
International
Economics
(3+0) s
Pure
theory
of
international
trade:
comparative
cost,
terms
of
trade,
and
factor
movements.
International
disequilibrium:
balance
of
payments
and
its
impact
on
national
economy,
capital
movement,
economic
development
through
international
trade.
(Prerequisite:
ECON
200;
ENGL
111X;
MATH
262X
or
equivalent;
and
upper
division
standing.)
ECON
601
(3
Credits)
Fall
Microeconomic
Theory
I
(3+0)
Analysis
of
consumer
and
producer
theory,
price
determination,
and
welfare
economics.
(Prerequisites:
ECON
321
or
equivalent;
MATH
200X
or
equivalent.)
ECON
603
(3
Credits)
Spring
Macroeconomic
Theory
I
(3+0)
Analysis
of
the
underlying
causes
of
unemployment,
economic
instability,
inflation
and
economic
growth.
(Prerequisites:
ECON
321
or
equivalent;
ECON
324
or
equivalent;
MATH
200X
or
equivalent.)
ECON
621
(3
Credits)
Fall
Fundamentals
of
Economics
(3+0)
Analysis
of
demand
and
supply
under
various
market
forms,
cost
and
theory
of
production,
factor
pricing
and
theory
of
distribution
and
survey
of
welfare
economics.
(Prerequisites:
ECON
200
or
equivalent;
MATH
262X
or
equivalent;
and
graduate
standing.)
ECON
623
(3
Credits)
Fall
Mathematical
Economics
(3+0)
Mathematical
techniques
including
matrix
algebra,
differential
and
integral
calculus.
Particular
attention
is
given
to
static
and
comparative
statics
analysis
and
dynamic
models.
(Prerequisites:
MATH
200X
or
equivalent.)
ECON
626
(3
Credits)
Spring
Econometrics
(3+0)
Introduction
to
econometric
theory.
Single
equation
and
multiple
equation
system
estimation,
including
inference
and
hypothesis
testing
and
results
of
assumption
violation.
(Prerequisites:
MATH
200X
or
equivalent;
STAT.
401,
ECON
227
or
equivalent.)
ECON
635
(3
Credits)
Fall
Resource
Economics
I
(3+0)
The
theory,
methods
of
analysis,
and
current
literature
of
natural
resource
economics
and
policy.
Topics
include
externalities,
property
rights,
public
goods,
benefit-cost
analysis,
amenity
values
and
other
non-market
resource
services
and
environmental
policy.
(Prerequisites:
ECON
321,
ECON
335,
or
equivalent;
MATH
200X
or
equivalent.)
ECON
636
(3
Credits)
Spring
Resource
Economics
II
(3+0)
This
course
explores
issues
relating
to
the
intertemporal
allocations
of
resources.
Mathematical
techniques
such
as
calculus
of
variations,
optimal
control
theory,
and
dynamic
programming
are
introduced
and
applied
to
the
analysis
of
resource
use
over
time,
management
of
common
property
resources,
capital
investment
problems
and
market
dynamics.
(Prerequisite:
ECON
635.)
ECON
637
(3
Credits)
Alternate
Fall
Natural
Resource
Policy
(3+0)
(Cross-listed
with
NRM
637)
Resource
policy
issues
development
and
implementation
including
forestry,
mining,
fisheries,
oil,
wildlife
and
other
topics
as
demand
warrants.
Focus
on
policy
issues
involved
in
management
of
Alaska's
resources.
(Prerequisite:
Graduate
standing
or
permission
of
instructor.
Next
offered:
2004-05.)
ECON
639
(3
Credits)
Alternate
Spring
Energy
Economics
(3+0)
(Stacked
with
ECON
439W)
Market
forces
and
institutions
affecting
the
allocation
of
energy
resources.
Special
attention
to
intertemporal
allocative
decisions
and
the
role
that
public
policy
plays
in
influencing
the
rate
at
which
energy
resources
are
used
over
time.
(Prerequisite:
ECON
200
or
ECON
235;
Next
offered:
2004-05.)
ECON
670
(1
Credit)
Spring
Seminar
in
Research
Methodology
(1+0)
Philosophy
of
research
and
importance
of
the
scientific
method
to
solution
of
research
problems.
(Prerequisite:
Graduate
standing.)
ECON
675
(3
Credits)
Fall
Practical
Quantitative
Methods
for
Business
Decision
Making
(3+0)
(Cross-listed
with
BA
675)
The
objective
of
this
course
is
to
provide
the
student
with
an
in-depth
treatment
of
quantitative
research
methods
in
an
applied
context.
Hence
the
focus
of
the
course
is
not
the
mathematical
derivations
and
properties
of
statistical
techniques,
but
rather
the
usefulness
of
those
techniques
to
the
managerial
decision
making
process.
Research
skills
are
presented
as
a
set
of
tools
that
enable
managers
to
make
better
decisions.
(Prerequisites:
Graduate
standing
and
foundation
courses.)
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