Summer Session

ECO 108: Introduction to Economics

Undergraduate 4 credits

Prerequisite: C or higher in MAT 122 or MAT 123 or AMS 151 or level 4 on the mathematics placement e xamination

DEC: F SBC: SBS

An introduction to economic analysis. Microeconomics (the study of individual, firm, industry, and market behavior) and macroeconomics (the study of the determination of national income, employment, and inflation). This course has been designated as a High Demand/Controlled Access (HD/CA) course. Students registering for HD/CA courses for the first time will have priority to do so.

ECO 322: Data Sci &Machine Learning/ECO

Undergraduate 3 credits

Prerequisite: C or higher in ECO 320 or AMS 310 Advisory pre- or co-requisite: C or higher in ECO 321

A rigorous introduction to the data-science techniques, including machine learning and GIS mapping, that are being applied in economics.

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 337: Labor Theory

Undergraduate 3 credits

Prerequisite: C or higher in ECO 303

Microeconomic theory is used to investigate specific topics in the field of labor economics. Areas to be covered include the household's decision-making process and the supply of labor, investments in human capital and discrimination in the marketplace, the effect of market structure on the demand for labor, and the distribution of income.

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 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 383: Public Finance

Undergraduate 3 credits

Prerequisites: C or higher in ECO 303 and 305

Theories of taxation and the satisfaction of public wants; the nature of public goods; theory of public expenditure; effects of taxes on resource allocation and welfare; theories of tax incidence; fiscal and equity implications of alternative tax schemes; fiscal dynamics and growth; intergovernmental fiscal relations.

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.