EBE 101 Principles
of Macro Economics (Fall)(formerly Economics I)
Theoretical models of the economy
as a whole show what determines the level of national output, employment,
and prices, and how these might be stabilized by the proper fiscal and
monetary policies. The course also looks at the mechanisms by which our
money supply changes, and considers the benefits and problems associated
with international trade. Topics covered include the measurement of GNP,
inflation and unemployment; Keynesian and Classical theories of output
and price determination; expenditures and money multipliers; the Federal
Reserve System; the federal budget and the national debt; and the balance
of payments. 3 credits.
EBE 102 Principles of Microeconomics
(formerly Economics II)
The course analyzes the behavior
of buyers and sellers in product and factor markets. It covers how a capitalist
economy determines the allocation of scarce resources to the production
and distribution of various goods and services. Supply and demand models
are used to explain the determination of: product pricing factor inputs,
consequences of government controls. The effect of different types of market
structures on price, wages and economic efficiency are also analyzed.
3 credits.
EBE 204 Money and Banking
(Spring)
The course studies the process
of financial intermediation in the economy and is primarily focused on
the role of money and banking. Topics include the nature of commercial
banks and the scope of their operations, the relationship between the banking
sector and the other sectors of an economy, the role of the Federal Reserve,
and the international financial linkages of an economy.
Prerequisites: EBE 101 and 102
or with instructor's permission. 3 credits
EBE 211 Intermediate Macro-Economics
Theory (upon request)
An analysis of total output, income,
employment, and price level determination, emphasizing total spending and
production decisions and the impact of fiscal and monetary policy.
Prerequisites: EBE 101 and 102.
3 credits.
EBE 212 Intermediate Micro-Economics
Theory (upon request)
An analysis of pricing and production
decisions under various market structures, emphasizing demand decisions,
production and cost functions, and factor supply decisions.
Prerequisites: EBE 101 and 102.
3 credits.
EBE 220 Urban Economics (Spring)
The city as an economic organization.
Urbanization trends, functional specification, and the nature of growth
within the city; organization of economic activity within the city and
its outlying areas, the organization of the labor market, and problems
of urban poverty; the urban public economy; housing and land-use problems;
transportation problems; special problems within the public sector.
Prerequisites: EBE 101 and 102.
3 credits.
EBE 303 Political Economy of
Israel (upon request)
The unique aspects of the economy
of Israel as affected by international, national, and regional political
developments with reference to overall economic development, agriculture,
industry, the Kibbutz, Moshav, and the private sector.
Prerequisite: EBE 101 or EBE 102.
3 credits.
EBE 310 Monetary Theory (Fall)
The influence of the quantity of
money on prices, growth and employment and its relation to the central
banking system's control of the money supply.
Prerequisites: EBE 211 or permission
of the instructor.
3 credits.
EBE 311 Comparative Economic
Systems (upon request)
How societies (China, India and
the third world) with differing social, political, and economic preferences
have organized themselves to satisfy human needs; emphasis on the theory
and practice of Marxist socialism, capitalism, and modern variations.
Prerequisite: EBE 102. 3 credits
EBE 312 History of Economic Thought
(upon request)
The development of economic thought
as related to the changing economic and intellectual environment. Emphasis
is on the modern period from Adam Smith to the present, and understanding
the origins of contemporary economic concepts.
Prerequisites: EBE 101 and 102.
3 credits.
EBE 315 Industrial Combinations
(upon request)
Interdependence of competitive
and monopolistic tendencies, the industrial structure and its concentration
and effect on economic performance, and the effectiveness of the anti-trust
laws in the U.S.
Prerequisites: EBE 211 and 212
or permission of the instructor. 3 credits.
EBE 325 Public Finance (Fall)
(formerly EBE 402)
Deals with decision making for
government activities and expenditures, as affected by certain relevant
areas of economics, political science, and administrative theory. Special
emphasis is given to cost-benefit analysis; budget systems, particularly
program budgeting; effects of taxation of equity and efficiency; fiscal
policy and intergovernmental fiscal relationships. Examines the role of
government activities in such fields as education, air pollution, and urban
renewal.
Prerequisite: EBE 101 and 102.
3 credits.
EBE 400 Topics in Economics
(Fall, Spring)
An application of economic analysis
to current topics of interest. Issues such as international trade and finance,
government regulations, inflations, and unemployment may be considered.
May be repeated for credit 1-4
credits.
EBE 408 International Trade and
Monetary Systems (annual)
An intensive examination of modern
theories of international commercial policy and the balance of payments
mechanism within the international monetary system. Developments in trade
theory, the role of international reserves and the use of exchange controls
are discussed.
Prerequisites: EBE 101, EBE 102
and EBF 101. 3 credits.
EBE 481 Independent Study in
Economics (upon request)
Students investigate selected topics
in the major areas under the direction of a faculty advisor. Independent
study develops and demonstrates ability to conduct independent research,
perform independent studies in a specialized area, and present the results
in writing of professional quality. It must be both quantitatively and
qualitatively comparable to a regular college course.
Prerequisite: Permission of the
Chair. 3 credits.
EBE 498 Internship in Economics
(upon request)
Senior students may register for
a 3 credit field experience with cooperating business firms in the NYC
area. The internship is monitored by a supervising professor and a representative
of the cooperating company.
See EBA 498. 3 credits.