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Academic Catalog 2025-26

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Your search for courses · during 2023-24 · tagged with ECON Elective · returned 19 results

  • ECON 221 Cambridge Program: Contemporary British Economy 6 credits

    The course focuses on the development of the British economy since the inter-war period. The approach integrates economic and historical analysis to discuss the development of the structure of the British economy, economic policy, and the institutions affecting economic performance. Students majoring in economics, political science, and history are particularly encouraged to apply, but the seminar is open to students of all majors.

    Participation in OCS Economics Program

    • Summer 2023
    • International Studies Quantitative Reasoning Encounter Social Inquiry
    • Students who have completed Economics 110 and 111 by the end of spring term 2023 are eligible to participate in the seminar.

    • EUST Off-Campus Study EUST Country Specific Course Economics Major Elective
    • ECON  221.07 Summer 2023

    • Faculty:Michael Hemesath 🏫 👤
    • Size:25
  • ECON 222 Cambridge Program: The Industrial Revolution in Britain 6 credits

    Economic growth only became an expected part of modern life during the Industrial Revolution. This course will explore the origins and implications of the Industrial Revolution in Britain. Why did this revolution start in Britain? How did it change life for British citizens, and how did the many changes move beyond Britain? The course will use readings, lectures and visits to industrial sites and museums in and around Manchester. Students majoring in economics, political science, and history are particularly encouraged to apply, but the seminar is open to students of all majors.

    Participation in OCS Cambridge Program

    • Summer 2023
    • International Studies Quantitative Reasoning Encounter Social Inquiry Writing Requirement
    • Students who have completed Economics 110 and 111 by the end of spring term 2023 are eligible to participate in the seminar.

    • Economics Major Elective
    • ECON  222.07 Summer 2023

    • Faculty:Michael Hemesath 🏫 👤
    • Size:25
  • ECON 240 Microeconomics of Development 6 credits

    This course explores household behavior in developing countries. We will cover areas including fertility decisions, health and mortality, investment in education, the intra-household allocation of resources, household structure, and the marriage market. We will also look at the characteristics of land, labor, and credit markets, particularly technology adoption; land tenure and tenancy arrangements; the role of agrarian institutions in the development process; and the impacts of alternative politics and strategies in developing countries. The course complements Economics 241.

    • Fall 2023
    • International Studies Quantitative Reasoning Encounter Social Inquiry
    • Economics 111

    • East Asian Supporting ENTS2 Sci, Cul, Pol Global Dev & Sustainability 2 LTAM Electives Asian Studies Social Science Asian Studies East Asia Asian Studies South Asia Asian Studies Central Asia LTAM Pertinent Courses LTAM 300 HIST/SOAN/POSC LTAM Social Science Africana Studies Pertinent Pub Pol Econ Pol Makng & Devel SAST Supprtng Social Inquiry Ltam Elective Group 1 POSI Elective Non POSC subjct Economics Major Elective
    • ECON  240.00 Fall 2023

    • Faculty:Faress Bhuiyan 🏫 👤
    • Size:25
    • M, WWillis 211 12:30pm-1:40pm
    • FWillis 211 1:10pm-2:10pm
  • ECON 241 Growth and Development 6 credits

    Why are some countries rich and others poor? What causes countries to grow? This course develops a general framework of economic growth and development to analyze these questions. We will document the empirical differences in growth and development across countries and study some of the theories developed to explain these differences. This course complements Economics 240.

    • Spring 2024
    • International Studies Quantitative Reasoning Encounter Social Inquiry
    • Economics 110

    • Global Dev & Sustainability 2 LTAM Social Science LTAM Pertinent Courses Asian Studies South Asia Asian Studies Central Asia Asian Studies East Asia Asian Studies Social Science Pub Pol Econ Pol Makng & Devel SAST Supprtng Social Inquiry Ltam Elective Group 1 POSI Elective Non POSC subjct Economics Major Elective
    • ECON  241.00 Spring 2024

    • Faculty:Ethan Struby 🏫 👤
    • Size:25
    • T, THCMC 209 1:15pm-3:00pm
  • ECON 246 Welfare Economics and Mechanism Design 6 credits

    This course presents economic theory on how society as a whole ranks and chooses between different alternatives. It delves into the realm of normative economics analyzing objectives society may want to pursue, mechanisms designed to reach those objectives, and the resulting welfare of individuals affected by the choices made. The theoretical tools discussed will be used to study different mechanisms of voting, redistributing income, government intervention, auctions, and trade. Among other things, students will be exposed to the Pareto criterion, Arrow’s impossibility theorem, the Vickrey-Clarke-Grove mechanism, the Coase theorem, utilitarianism, Rawlsian ethics, and welfare theorems.

    • Spring 2024
    • Quantitative Reasoning Encounter Social Inquiry
    • Economics 111

    • EDUC Cluster 3 Pub Pol&Reform Pub Pol Social Policy & Welfar Economics Major Elective
    • ECON  246.00 Spring 2024

    • Faculty:Faress Bhuiyan 🏫 👤
    • Size:25
    • M, WWillis 211 12:30pm-1:40pm
    • FWillis 211 1:10pm-2:10pm
  • ECON 257 Economics of Gender 6 credits

    This course uses economic theory and empirical evidence to examine gender differentials in education, marriage, fertility, earnings, labor market participation, occupational choice, and household work. Trends and patterns in gender-based outcomes will be examined across time, across countries, and within socio-economic groups, using empirical evidence from both historical and recent research. The impact of government and firm policies on gender outcomes will also be examined. By the end of the course, students will be able to utilize the most common economic tools in the study of gender inequality, as well as understand their strengths and weaknesses.

    • Winter 2024
    • Quantitative Reasoning Encounter Social Inquiry
    • Economics 111

    • Pub Pol Social Policy & Welfar Global Dev & Sustainability 2 GWSS Elective POSI Elective Non POSC subjct GWSS Additional Credits Economics Major Elective
    • ECON  257.00 Winter 2024

    • Faculty:Prathi Seneviratne 🏫 👤
    • Size:25
    • M, WWillis 211 9:50am-11:00am
    • FWillis 211 9:40am-10:40am
  • ECON 265 Game Theory and Economic Applications 6 credits

    Game theory is the study of purposeful behavior in strategic situations. It serves as a framework for analysis that can be applied to everyday decisions, such as working with a study group and cleaning your room, as well as to a variety of economic issues, including contract negotiations and firms’ output decisions. In this class, modern game theoretic tools will be primarily applied to economic situations, but we will also draw on examples from other realms.

    • Spring 2024
    • Quantitative Reasoning Encounter Social Inquiry
    • Economics 111

    • CGSC Elective Economics Major Elective
    • ECON  265.00 Spring 2024

    • Faculty:Jonathan Lafky 🏫 👤
    • Size:25
    • M, WWillis 211 1:50pm-3:00pm
    • FWillis 211 2:20pm-3:20pm
  • ECON 267 Behavioral Economics 6 credits

    This course introduces experimental economics and behavioral economics as two complementary approaches to understanding economic decision making. We will study the use of controlled experiments to test and critique economic theories, as well as how these theories can be improved by introducing psychologically plausible assumptions to our models. We will read a broad survey of experimental and behavioral results, including risk and time preferences, prospect theory, other-regarding preferences, the design of laboratory and field experiments, and biases in decision making.

    • Fall 2023
    • Quantitative Reasoning Encounter Social Inquiry
    • Economics 110 and 111

    • CGSC Elective Psychology Pertinent Economics Major Elective
    • ECON  267.00 Fall 2023

    • Faculty:Jonathan Lafky 🏫 👤
    • Size:25
    • M, WWillis 211 1:50pm-3:00pm
    • FWillis 211 2:20pm-3:20pm
  • ECON 269 Economics of Climate Change 6 credits

    This course studies the relationship between climate change, government policy, and global markets. It explores the historical relationship between economic growth and greenhouse gasses, the cost-benefit analysis of policies aimed at reducing greenhouse gas emissions, and the potential for adaptation to climate change. Through readings, discussions, and case studies, students will gain a deep understanding of the economic implications of climate change and the policies that can be used to mitigate its effects. By the end of the course, students will have developed a critical understanding of the complex relationship between economics and climate change and will be equipped to engage in meaningful discussions and analysis of this pressing global issue.

    • Winter 2024
    • Quantitative Reasoning Encounter Social Inquiry
    • Economics 110 and 111

    • Global Dev & Sustainability 2 Polisci/Ir Elective ENTS2 Sci, Cul, Pol Pub Pol Env Pol & Sustainablty Economics Major Elective
    • ECON  269.00 Winter 2024

    • Faculty:Aaron Swoboda 🏫 👤
    • Size:25
    • M, WWillis 211 12:30pm-1:40pm
    • FWillis 211 1:10pm-2:10pm
  • ECON 270 Economics of the Public Sector 6 credits

    This course provides a theoretical and empirical examination of the government’s role in the U.S. economy. Emphasis is placed on policy analysis using the criteria of efficiency and equity. Topics include rationales for government intervention; analysis of alternative public expenditure programs from a partial and/or general equilibrium framework; the incidence of various types of taxes; models of collective choice; cost-benefit analysis; intergovernmental fiscal relations.

    • Spring 2024
    • Quantitative Reasoning Encounter Social Inquiry Writing Requirement
    • Economics 110 and 111

    • EDUC Cluster 3 Pub Pol&Reform Acad Cvc Engmnt/Theortcl Democracy, Society & State 2 Public Policy Core Amst Democracy Activism Class POSI Elective Non POSC subjct Economics Major Elective
    • ECON  270.00 Spring 2024

    • Faculty:Jenny Bourne 🏫 👤
    • Size:25
    • T, THWillis 203 10:10am-11:55am
  • ECON 271 Economics of Natural Resources and the Environment 6 credits

    This course focuses on environmental economics, energy economics, and the relationship between them. Economic incentives for pollution abatement, the industrial organization of energy production, optimal depletion rates of energy sources, and the environmental and economic consequences of alternate energy sources are analyzed.

    • Fall 2023
    • Quantitative Reasoning Encounter Social Inquiry
    • Economics 111

    • ENTS Core Course Global Dev & Sustainability 2 Pub Pol Env Pol & Sustainablty Amst America in the World Amst Space and Place Amst Democracy Activism Class POSI Elective Non POSC subjct Economics Major Elective
    • ECON  271.00 Fall 2023

    • Faculty:Aaron Swoboda 🏫 👤
    • Size:25
    • M, WWillis 211 11:10am-12:20pm
    • FWillis 211 12:00pm-1:00pm
  • ECON 273 Water and Western Economic Development 6 credits

    This course examines scarce water resources as a legal/political/economic factor in the economic development of the western United States, using and combining insights from environmental economics, law and economics, institutional economics, and economic history. Topics include the economic growth of the western economy, surface- and groundwater management, water markets, western water law, Indian water rights, surface- and groundwater pollution, and instream flow protection.

    • Winter 2024
    • Quantitative Reasoning Encounter Social Inquiry
    • Economics 111

    • Global Dev & Sustainability 2 Polisci/Ir Elective ENTS2 Sci, Cul, Pol Pub Pol Env Pol & Sustainablty Amst America in the World Amst Space and Place Amst Democracy Activism Class Economics Major Elective
    • ECON  273.00 Winter 2024

    • Faculty:Mark Kanazawa 🏫 👤
    • Size:25
    • T, THWillis 211 1:15pm-3:00pm
  • ECON 274 Labor Economics 6 credits

    Why do some people choose to work and others do not? Why are some people paid higher wages than others? What are the economic benefits of education for the individual and for society? How do government policies, such as subsidized child care, the Earned Income Tax Credit and the income tax influence whether people work and the number of hours they choose to work? These are some of the questions examined in labor economics. This course will focus on the labor supply and human capital decisions of individuals and households.

    • Fall 2023
    • Quantitative Reasoning Encounter Social Inquiry
    • Economics 110 and 111

    • Global Dev & Sustainability 2 Pub Pol Econ Pol Makng & Devel POSI Elective Non POSC subjct Economics Major Elective
    • ECON  274.00 Fall 2023

    • Faculty:Faress Bhuiyan 🏫 👤
    • Size:25
    • M, WWillis 203 9:50am-11:00am
    • FWillis 203 9:40am-10:40am
  • ECON 277 History and Theory of Financial Crises 6 credits

    This course provides a historical perspective on financial crises and highlights their main empirical patterns. This course also introduces economic theories of financial crises, in which leverage, moral hazard, mistaken beliefs, and coordination problems play a central role. We will also discuss some policy instruments used to balance risk exposure, such as deposit insurance, collective action clauses, exchange controls, and foreign reserves.

    • Spring 2024
    • International Studies Social Inquiry
    • Economics 110 and 111

    • HIST Pertinent Courses Democracy, Society & State 2 POSI Elective Non POSC subjct LTAM Social Science Economics Major Elective LTAM Electives HIST Latin America
    • ECON  277.00 Spring 2024

    • Faculty:Victor Almeida 🏫 👤
    • Size:25
    • M, WWillis 211 11:10am-12:20pm
    • FWillis 211 12:00pm-1:00pm
  • ECON 278 Industrial Organization and Firm Behavior 6 credits

    This course analyzes the firm’s marketing and pricing problems, its conduct, and the resulting economic performance, given the nature of the demand for its products, its buying markets, the nature of its unit costs, and the structure of its selling markets.

    • Winter 2024
    • Quantitative Reasoning Encounter Social Inquiry
    • Economics 111

    • Economics Major Elective
    • ECON  278.00 Winter 2024

    • Faculty:Nathan Grawe 🏫 👤
    • Size:25
    • T, THWillis 211 10:10am-11:55am
  • ECON 282 The Theory of Investment Finance 6 credits

    This course provides an introduction to the broad range of financial instruments that are used to fund economic activities. We will explore major asset classes in financial markets, look at how investors make choices when allocating their portfolios, and learn how to price a typical security within each asset class. Topics in this course include asset classification, portfolio theory, debt and equity securities valuation, and derivatives valuation.

    • Fall 2023
    • Quantitative Reasoning Encounter Social Inquiry
    • Economics 110 and 111

    • Economics Major Elective
    • ECON  282.00 Fall 2023

    • Faculty:Yingtong Xie 🏫 👤
    • Size:25
    • T, THWillis 203 10:10am-11:55am
  • ECON 283 Corporate Finance 6 credits

    This course introduces you to the financial decision-making process of corporations and other institutions. We will analyze financial statements, understand cash flows and how firms choose investment projects, as well as how to raise funding for these investment projects, the related costs of capital, and the trade-off between debt and equity financing. Students will be asked to conduct a real-world business case study in this course.

    • Spring 2024
    • Quantitative Reasoning Encounter Social Inquiry
    • Economics 110 and 111

    • Economics Major Elective
    • ECON  283.00 Spring 2024

    • Faculty:Yingtong Xie 🏫 👤
    • Size:25
    • T, THWillis 204 10:10am-11:55am
  • ECON 285 Computational Economics 6 credits

    This course is an introduction to the use of computational methods for the analysis of economic models. After becoming familiar with the programming environment, we will explore the application of computational methods to constrained optimization, econometric estimation, and calibrating, solving, and simulating static and dynamic economic models.

    • Winter 2024
    • Quantitative Reasoning Encounter Social Inquiry
    • Economics 110 and 111 or permission of the instructor. Previous elective courses involving mathematical modeling in economics recommended.

    • Economics Major Elective
    • ECON  285.00 Winter 2024

    • Faculty:Victor Almeida 🏫 👤
    • Size:25
    • M, WWillis 204 1:50pm-3:00pm
    • FWillis 204 2:20pm-3:20pm
  • ECON 398 Advanced Research in Economics 6 credits

    This course is designed to support majors in developing advanced skills in economic research and communication. Through a combination of class discussion, small group work, and/or one-on-one interactions with the professor, majors learn the process of constructing strong, theoretically-grounded arguments through primary research, secondary research, or both. Students will also learn and practice strategies for engaging critically with contemporary scholarship and effective techniques of peer review and the oral presentation of research.

    • Winter 2024, Spring 2024
    • Economics 395. Requires concurrent registration in Economics 400.

    • Economics Major Elective
    • ECON  398.01 Winter 2024

    • Faculty:Yingtong Xie 🏫 👤
    • Size:15
    • Grading:S/CR/NC
    • ECON  398.02 Winter 2024

    • Faculty:Jenny Bourne 🏫 👤
    • Size:15
    • Grading:S/CR/NC
    • ECON  398.03 Winter 2024

    • Faculty:Nathan Grawe 🏫 👤
    • Size:15
    • Grading:S/CR/NC
    • ECON  398.01 Spring 2024

    • Faculty:Yingtong Xie 🏫 👤
    • Size:15
    • Grading:S/CR/NC
    • ECON  398.02 Spring 2024

    • Faculty:Jenny Bourne 🏫 👤
    • Size:15
    • Grading:S/CR/NC
    • ECON  398.03 Spring 2024

    • Faculty:Nathan Grawe 🏫 👤
    • Size:15
    • Grading:S/CR/NC

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2025–26 Academic Catalog

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Registrar: Theresa Rodriguez
Email: registrar@carleton.edu
Phone: 507-222-4094
Academic Catalog 2025-26 pages maintained by Maria Reverman
This page was last updated on 10 September 2025
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