Money and Banking
This course covers the nature and functions of money. Topics include a survey of the operation and development of the banking system in the U.S. and an introduction to monetary theory and policy.
Macroeconomics
Microeconomics provides the theoretical foundation of the economic behavior of economic units, i.e., consumers, business firms, and resource owners. Microeconomics is taught in two semesters as Microeconomics I and II
Microeonomics
This course provides an overview of macroeconomic issues: the determination of output, employment, unemployment, interest rates, and inflation. Monetary and fiscal policies are discussed. Important policy debates such as, the sub-prime crisis, social security, the public debt, and international economic issues are critically explored.
Economic Growth, Strategy and Development
This coures will present an introduction to macroeconomic modeling, particularly economic growth. It will focus both on models of economic growth and their empirical applications, and try to shed light on the mechanics of economic growth, technological change and sources of income and growth differences across regions.
Trade and Commerce
Topics discussed in this course are: gains from trade in a classical world; the modern theory of international trade; factor price equalization; empirical tests and extensions of the pure theory model; economic growth and international trade; the nature and effects of protection; motives and welfare effects of factor movements; multinational enterprises; the brain drain; customs union theory; pollution control and international trade.
Theory of Organization and Firm
This course integrates elements from the theory of agency, the theory of property rights and the theory of finance to develop a theory of the ownership structure of the firm. We define the concept of agency costs, show its relationship to the 'separation and control' issue, investigate the nature of the agency costs generated.