The Regents of the University of Michigan, Powered by the Center for Academic Innovation. 4 graduate hours. LSA delivers a purposeful, pragmatic liberal arts education that employers respect and seek out. No more than 3 credits of independent study courses (ECON 497, 498, and 499) may be counted toward the elective requirement. Prerequisite: Consent of instructor. ECON 101 and 102 and MATH 115, each completed with grade at least C. One of the Honors alternatives to MATH 115 may be substituted for MATH 115. Junior Standing Required. 1220 Student Activities Building 515 E. Jefferson St. Ann Arbor, MI 48109-1316 US. ECON581 Govt Regulation of Industry credit: 4 Hours. Students will be introduced to major principles in compensation design and will examine the incentives embedded in various compensation systems. Not open for graduate credit to graduate candidates in economics. ECON298 Professional Economics Internship credit: 0 or 3 Hours. To count toward the minor, at least three credits of 400-level electives with ECON 401 or ECON 402 as a prerequisite must be taken on the Ann Arbor campus of the University. 3 undergraduate hours. 734-764-7460www.careercenter.umich.eduwww.facebook.com/careercenter.umichhttp://twitter.com/careercenter, The Career Guide series was developed by the University of Michigan Career Center, Division of Student Affairs, in cooperation with the College of Literature, Science, and the Arts. 3 undergraduate hours. View our presentations and information from wherever you are. MATH 116, 215, and 217, or their Honors alternatives, are recommended for students with an interest in quantitative economics. Students must complete the prerequisites to the major before declaring and must have a GPA of 2.0 or better in the major. Introduction to the theory of international trade and finance with selected application to current problems of trade policy, balance of payments adjustment, the international monetary system, and globalization issues. Prerequisite: ECON202; ECON302; MATH220/MATH221 or other Calculus course are required. http://lsa.umich.edu/econ/undergraduates/departmental-advising.html, 2023 Regents of the University of Michigan. Ann Arbor campus requirement:Any courses to be taken for the minor outside the Ann Arbor campus of the University should be approved in advance by an economics department advisor. 3 pages. Credit is not given for both ECON500 and ECON528. Particular emphasis on the contribution of game theory as the equilibrium concept in oligopoly settings. The standards for admission are a cumulative grade point average of at least 3.5 and evidence of outstanding ability in economics. No professional credit. As of this writing, the Business School does not accept ECON 101X as a substitute for ECON 101, and it does not accept ECON 102X as a substitute for ECON 102. The Student Services Assistant for the economics undergraduate program is available to answer questions about requirements for the major, course offerings, wait-list procedures, career/job information, economics networking program, and other matters concerning the undergraduate program. ECON 401 and 402, and ECON 250, 251, 451, 452, 453, and 454 do not count toward the elective requirement for the major. Study of the business and economic conditions in the Middle East and North Africa (MENA). A minor in economics provides a useful background for students seeking careers in law, business, government, journalism, and teaching. of the University of Michigan. These courses aim to develop deep, foundational understanding of the empirical methods used in economics. This course examines which policies are effective for alleviating poverty, which are not, and why. Students wishing to enter this field must acquire a strong background in mathematics, science, and computing. Employee compensation is a critical tool for organizations to attract, retain, and motivate its employees. Defining problems In all casesapproval of anadvisoris required. Covers public policy, including regulation and provision of services to the poor and elderly. 734-763-9242www.lsa.umich.edu/econ/undergraduatestudy, Newnan Advising Center Considers the basic causes and consequences of international trade, the foreign exchange market and theory of exchange rate determination, the U. S. trade deficit, the international monetary system, and antidumping and countervailing duty law, copyright and patent infringement law, the General Agreement on Tariffs and Trade, the rudiments of strategic trade theory, and selected policy issues varying by year. Supervised, on or off-campus experience in a field directly pertaining to Economics, Econometrics & Quantitative Economics, or CS+ Economics. In some sense this is necessary for any application of mathematics, but the term is used more often to refer to applications of mathematics to biological, mechanical, and human systems. 2140 - Social Sciences Building. ECON490 Topics in Economics credit: 3 or 4 Hours. At least 12 credits in the major, including ECON 401, ECON 402, and at least three of the credits in upper-level economics electives in courses with ECON 401 or ECON 402 as a prerequisite, must be taken at the Ann Arbor campus. Prerequisite: ECON302 or consent of instructor. The senior Honors thesis includes original work completed by the student under the direction of a faculty advisor and the Director of the Honors Program in Economics. Covers instrumental variable estimation, simultaneous equation models, non-linear models, discrete choice models and quantile regression methods. Economics Undergraduate Office. 4 graduate hours. AMathematical Sciencesmajor must choose one of the eight options below and complete at least three of the courses listed under that option or courses for which the courses are prerequisite.This requirement is designed to provide focus and depth to the program and can only be waived by an advisor in favor of a program which provides this depth in some equivalent way. it is extremely competitive to get into their buz school (Ross and Stern). Loan counselor 4 graduate hours. Special topics applying advanced econometrics concepts. The Student Services Assistant for the economics undergraduate program is available to answer questions about requirements for the major, course offerings, wait-list procedures, career/job information, economics networking program, and other matters concerning the undergraduate program. Appointments are scheduled online at: http://lsa.umich.edu/econ/undergraduates/departmental-advising.html. It is the basis of mathematical statistics, where the goal is to draw inferences from samples. Students achieving a 4 or 5 on the AP Microeconomics exam receive 2 credits for ECON 101X, and students achieving a 4 or 5 on the AP Macroeconomics exam receive 2 credits for ECON 102X. Regional/urban planner Department of Social Sciences. 2 or 4 graduate hours. Honors Plan Qualified students are encouraged to consider an Honors plan in Economics. Lecture_8_-_Strategic_Competition.pdf University of Michigan ECON 432 - Fall 2008 . Prerequisite: Student must have secured a professional work experience related to economics which accompanies and enhances their academics. 2011 Regents of the University of Michigan, 515 E Jefferson St Financial planner Discover how LSA is meeting the moment by tackling the worlds most daunting problems, reinvigorating liberal arts education and research, and making it more equitable and relevant than ever. We would like to show you a description here but the site won't allow us. Enrollment limited to undergraduate Economics majors only. Prerequisite: ECON530 or equivalent, or instructor's consent. Credits in MATH 120 alone do not satisfy the mathematics prerequisite for an economics major or minor. As prerequisites for other courses in Economics and as prerequisites for the Economics major and minor, ECON 101X does not substitute for ECON 101, and ECON 102X does not substitute for ECON 102. Students must complete the prerequisites to the major before declaring and must have a GPA of 2.0 or better in the major. Prerequisite: MATH415; ECON500 and ECON501, or equivalent. 4 graduate hours. ECON574 Econometrics I credit: 4 Hours. Develops a general methodological basis for searching for quantitative economic knowledge; integrates and gives operational content to the topics of economic, statistical, and econometric theory. (342 Documents), ECON 310 - MONEY AND BANKING The course will have a strong methodological and analytical component, focus on why interventions and policies work, and how to establish evidence on the effectiveness of specific interventions and policies. The analytic skills and knowledge of economic institutions developed in the pursuit of the minor in economics will be useful to students in all disciplines who will be contributing to business and public policy decisions. ECON502 Economic Statistics credit: 4 Hours. Approved for Letter and S/U grading. CORE REQUIREMENT IN STATISTICS AND ECONOMETRICS . 3 undergraduate hours. It is designed to facilitate a concurrent major inPhysics. Issues relating to globalization will be covered in both halves. Economics Undergraduate Office. Operations Research studies integrated systems including health care, education, manufacturing processes, finance, and transportation. ECON575 Econometrics II credit: 4 Hours. Credit analyst Finally, a summer internship may be the best way of all to test out a career field and develop marketable skills. Operations analyst 123 College St. Application is made and admission is granted to the Honors plan during the first term of the junior year. Economics Undergraduate Office. Les annonces et les contenus personnaliss peuvent aussi inclure des rsultats plus pertinents, des recommandations et des annonces adaptes en fonction de votre activit passe sur ce navigateur, comme vos prcdentes recherches sur Google. 3 undergraduate hours. An Honors plan must include ECON 451 and 452, or ECON 453 and 454. These courses aim to develop deep, foundational understanding of the empirical methods used in economics. K-12 teacher Diane Seuss (1978), poet and educator, winner of the 2022 Pulitzer Prize for Poetry. 3 undergraduate hours. Spring 2019, ECON 437 One of: ECON 451 or ECON 453 or STATS 426. Credit is not given for both ECON529 and either ECON303 or ECON501. Schedule an appointment with an economics minoradvisor to declare an economics minor. MATH 120 may not be substituted for MATH 115. Prerequisite: ECON530, or equivalent; calculus. In this course, undergraduates are offered a regular opportunity to interact with alumni from the Department of Economics. ECON516 Monetary Theory credit: 4 Hours. May be repeated in the same or separate terms to a maximum of 9 undergraduate hours or 8 graduate hours if topics vary. Studies the features and development of the American economy and examines the watershed events that have transformed it over its history. Graduate credit for both ECON303 and ECON501 is given only upon recommendation of the student's adviser and approval by the Department of Economics. 3 undergraduate hours. The senior Honors thesis includes original work completed by the student under the direction of a faculty advisor and the Director of the Honors Program in Economics. Special topics in advanced economics within a variety of areas. 4 graduate hours. Courses range from 1 to 3 units, and are subject to change. Mathematical modeling refers generally to the representation of real-world problems in mathematical terms. Emphasizes empirical evidence on these topics. Honors majors are required to complete the requirements for a regular major in Economics. (191 Documents), ECON 398 - Strategy 3 undergraduate hours. Graduate education at the University of Michigan is a shared enterprise. Builds upon point and interval estimation as well as hypothesis testing skills first introduced in ECON202. ), three courses from one of the Program Options (III. Part 1: The construction of econometric models; characteristics of models and choice of estimating methods; and estimates of parameters by various methods. 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