Summer Session

ECO 326: Industrial Organization

Undergraduate 3 credits

Prerequisite: C or higher in ECO 303

A study of the structure of firms and markets and interactions between them. Price theory, strategic theory and transaction costs analysis are used to illuminate the sources of and limitations on market power of firms. Some empirical evidence, drawn primarily from the U.S. economy, is explored. A brief introduction to antitrust policy and regulatory policy is included.

ECO 327: Health Economics

Undergraduate 3 credits

Prerequisite: C or higher in ECO 303 and ECO 305

DEC: F SBC: SBS+

An application of microeconomics to the health sector of the economy. Topics include the demand for health care; the roles of hospitals, physicians, and HMOs in the supply of health care; the role of the government in the provision of health care; and the detriments of health care costs.

ECO 335: Economic Development

Undergraduate 3 credits

Prerequisites: C or higher in ECO 303 and ECO 305

An examination of problems and aspects facing developing countries in the transition from traditional, predominantly rural economic systems to modern, largely urban-oriented economies. Theories of economic growth and development are presented in the light of the actual experience of developing countries.

ECO 355: Game Theory

Undergraduate 3 credits

Prerequisites: MAT 126 or 131 or AMS 151; C or higher in ECO 303

SBC: SBS+

Introduction to game theory fundamentals with special emphasis on problems from economics and political science. Topics include strategic games and Nash equilibrium, games in coalitional form and the core, bargaining theory, measuring power in voting systems, problems of fair division, and optimal and stable matching. This course is offered as both AMS 335 and ECO 355.

ECO 359: Reading and Writing/Economics

Undergraduate 3 credits

Prerequisite: C or higher in ECO 303 and ECO 305; WRT 102; U4 standing; ECO major

SBC: WRTD

Provides opportunity to practice the skills and techniques of effective academic writing and satisfies the learning outcomes of the Stony Brook Curriculum's WRTD learning objective.

ECO 360: Money and Banking

Undergraduate 3 credits

Prerequisite: C or higher in ECO 305

An introduction to modern monetary institutions and mechanisms, their relationship to the economy, and governmental policies in this area.

ECO 364: Thinking Strategically

Undergraduate 3 credits

Prerequisite: C or higher in MAT 125 or AMS 151 or placement level 6 on the math placement

A focus on the strategic interaction between several decision makers. Topics include: optimal decisions of firms interacting in markets with imperfect competition, the value of information under strategic conflict, optimal bidding strategies for various auction mechanisms (including online auctions), optimal networking design, Blackjack and others.

ECO 373: Eco of Envirnmt & Natrl Resrce

Undergraduate 3 credits

Prerequisite: C or higher in ECO 303 and ECO 305

DEC: H SBC: STAS

Analysis of economic policies designed to deal with environmental problems. Issues involving the management of renewable and exhaustible resources such as timber and oil as well as the advantage of market-based solutions over the conventional demand approach are discussed.

ECO 386: International Finance

Undergraduate 3 credits

Prerequisite: C or higher in ECO 303 and ECO 305

International capital flows, prices, and quantities, including the determination of the Current Account, exchange rates, interest rates, arbitrage, open macroeconomics, and the international monetary system.

ECO 389: Corporate Finance

Undergraduate 3 credits

Prerequisite: C or higher in ECO 303 Advisory Prerequisite: C or higher in ECO 305

Introduction to the main concepts and problems confronted by financial managers in the corporate world. Development and application of tools and methods for financial decision-making and analysis, including: discounting and present value; asset valuation; investment criteria; risk and return; risk management; cost of capital; debt and dividend policies; international financial management.