Majors must complete 4 economics electives at the 300- or 400-level. EN: S. Advanced application of economic theory to policy problems. L11Econ477 Topics in Financial Economics. Specific topics to include sources of economic growth and changing living standards, unemployment, impact of globalization on U.S. citizens, economic mobility, poverty and inequality, and social justice. For a thorough introduction to economics, Econ 1021 also should be taken. L11Econ4111 Optimization and Economic Theory. Credit 3 units. Emphasis on the consistency between empirical data and different concepts of the American Dream. Prerequisites: Econ 4011 and Econ 4021. Prerequisite: Econ 4011; Econ 4021 recommended, but not required. Important components of this course are participation in in-class discussion and essays submitted on the practical issues discussed throughout the semester. Art: SSC L11Econ410 Macroeconomics of Inequality. Interdisciplinary perspectives from economics, sociology and other areas of social inquiry. *Students planning to complete CSE 517 should try to complete CSE 417T as the prerequisite course. At what level does an interest rate become usury? Topics vary, but may include population; human capital and labor market development; R&D and innovation; finance and growth; modernization and industrial transformation; world income disparities and poverty problems; institutions and political economy issues; environmental and social factors; and international trade and economic integration. Econ 4011: Intermediate Microeconomic Theory, Econ 4021: Intermediate Macroeconomic Theory, One economics elective having at least Econ 1011 and/or Econ 1021 as a prerequisite course. You can follow the requirements below or the requirements that were available when you entered Wash U. Note: This course does not count toward the major or minor in economics. Students can enroll after their selection by a supervising faculty member, which occurs after an application (on the department website) is submitted and reviewed, perhaps in conjunction with an interview with the supervising faculty member. Prerequisites: Econ 4011 and Econ 413. As noted previously, students are strongly encouraged to complete at least one internship and to complement their studies with appropriate course work from the Olin Business School. Students pursuing this joint major through the McKelvey School of Engineering or through Arts & Sciences must do the following, in addition to the major requirements: Complete one additional economics elective. The economics of information literature is also used to explain the evolution of financial institutions and markets, and to understand the consequences of that evolution for economic outcomes (such as economic development and financial crises) and for monetary policy choices (such as central bank interventions, regulations and changes in the payments system).
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