Descriptions

*Not all courses are offered every semester; see course catalog

G = course can be taken for graduate Economics credit 

†G = course can be taken for graduate credit outside Economics

The functioning and current problems of the aggregate economy: determination and analysis of national income, employment, inflation and stabilization; money and banking, monetary and fiscal policy; and aspects of international interdependence. Laboratory (F, Sp, Su)

Goals, incentives and allocation of resources resulting from economic behavior with applications and illustrations from current issues: operation of markets for goods, services and factors of production; the behavior of firms and industries in different types of competition and income distribution. Laboratory (F, Sp, Su)

This is not a course offered at the University of Oklahoma. It is used to denote lower division transfer credit for which there is no OU equivalent course.

Analyze basic health policy issues through the use of basic economic principles.  Topics included will be the role of taxation and regulation in promotion public health, health promotion program evaluation, and health care reform. (Sp.)

Prerequisite: Mathematics 1443 or equivalent

Basic statistical techniques emphasizing business and economic applications. Topics covered include data summary techniques, elementary probability theory, estimation, hypothesis testing, simple regression, time-series and index numbers. Laboratory (F, Sp, Su)

Fundamental economic concepts and principles; value and distribution theories under conditions of competition, monopoly and monopolistic competition. Appraisal of modern problems in terms of these theories. (F, Sp, Su)

National income concepts; aggregate demand by household, business, government, and foreign sectors; determination of national income, interest rate, price, output, and employment levels. (F, Sp, Su)

Prerequisite: 1123 and 1113

Economic approach to environmental protection; analysis focuses on property rights and externalities. Examines strategies for addressing externalities including command-and-control regulation, emissions taxes, and tradeable discharge permits. topics include air pollution, water pollution, waste disposal and recycling, and endangered species protection. (Irreg.)

Prerequisite: 1123

Examine the role of information and technology in the economy. Topics will include the importance of network externalities, the growth of e-commerce, and the economic analysis of standards and protocols. (Irreg.)

Problems of labor in an industrial society; wages, hours, working conditions, child labor. Conflicts between management and labor. (F, Sp)

Analyze basic health policy issues through the use of basic economic principles. Topics included will be the role of taxation and regulation in promotion public health, health promotion program evaluation, and health care reform. (Irreg.)

Prerequisite: 1113, 1123

Benefits of trade, determination of the direction and level of trade, commercial policy and trade barriers, international trade problems and issues. (F, Sp)

Prerequisite: 1113, 1123

Effects of international trade on employment, inflation, the exchange rate, effects of devaluation, types of international monetary arrangements, effects of foreign transfers, open economy macroeconomic policy. (F, Sp)

Analysis of economic aspects of government regulation and direction of business enterprise; controls affecting managerial discretion in the determination of prices and other basic business policies. (F, Sp, Su)

Directed Independent Study Options (pdf)

Prerequisite: permission of instructor
May be repeated; maximum credit six hours

Readings will consist of topics designated by the instructor in keeping with student's specialization within major program. Topics will cover materials not usually presented in regular courses. (F, Sp, Su)

Prerequisite: admission to the Honors Program
May be repeated; maximum credit six hours

Consists of topics designated by the instructor in keeping with the student's major program. The topics will cover materials not usually presented in the regular courses. (F, Sp, Su)

Prerequisite: admission to Honors Program
May be repeated; maximum credit six hours

The projects covered will vary. The content deals with concepts not usually presented in regular coursework. (Sp)

Prerequisite: admission to Honors Program
May be repeated; maximum credit six hours

Provides an opportunity for the gifted honors candidate to work at a special project in the student's field. (F, Sp, Su)

Prerequisite: permission of instructor and junior standing
May be repeated once with change of content

Independent study may be arranged to study a subject not available through regular course offerings. (F, Sp, Su)

This is not a course offered at the University of Oklahoma. It is used to denote upper division transfer credit for which there is no OU equivalent course.

Prerequisite: 2843, Calc I

Introduction to the use of mathematics for economics analysis. Includes the following topics: market equilibrium analysis; matrix algebra; differentiation; comparative statistics; optimization with and without constraints; integration; continuous and discrete time dynamics; static and dynamic games. Emphasis will be on methods and interpretation reflecting the economic substance of micro and macro models. Course will have a strong orientation toward economic applications. (Sp)

Prerequisite: 1113, 1123, 2843

Classical statistical inference; means, proportions, variances, analysis of variance and covariance; regression and correlation analysis; normal, binomial, chi-square, t, F, Poisson, exponential distributions. (F, Sp)

Prerequisite: 1113, 1123, and 2843

Introduces students to the use of modern econometric techniques in economics. Topics include time series and dynamic emulation models, panel data, two stages least squares, simultaneous equation models, limited dependent variable models (logit, probit), and sample selection corrections. The course will have a strong orientation toward empirical applications. (Sp)

Prerequisite: 1113, 1123, 2843 and permission of instructor

Examines the market structure, conduct and performance of various industries. Topics include: theory and empirical results regarding structure, conduct and performance; the structure of U.S. industry versus other countries; recent developments; and antitrust policy. (Irreg.)

Public economics is the study of the role of government in a market economy. We will study when markets function properly and in what cases there is economic reasoning for government intervention. The goal of this course is to provide you with an overall view of public economics, focusing specifically on the expenditure side.

Public expenditures, their nature, cause of the increase, and classification; sources of public revenue; methods of distributing the tax burdens; public debts and debt management; introduction to fiscal theory and policy. (F, Sp)

Prerequisite: 2843, 3113, 3133

Analysis of the structure and working of financial markets and economic effects. Topics include time, value of money risk-return tradeoff, portfolio theories, factor pricing models, fixed income securities, equity securities and derivatives.

Prerequisite: 3613

Explores the interface of the economics and legal professions’ analysis of international trade. The class will explore some of the issues and topics of common interest from the perspective of each profession. (F)

Prerequisite: 3113

Study of economic models of urban location, including firm location and residential location models. Public policy topics of urban taxation, residential housing discrimination, urban renewal, etc. will also be discussed from an economic perspective. (Irreg.)

Prerequisite: 1123

This course will focus on discrimination in the labor market. Topics to be covered include wage discrimination, employment discrimination, and occupational segregation. Examples will be drawn frequently from current events and public policies. (F, Sp)

Prerequisite: 1113 and 1123

Examine the major characteristics of Latin American economic development, from the evolution of economic policy in the region since independence, to the recent problems with industrialization policy, debt, inflation and stabilization, and economic reform. (F)

Prerequisite: junior standing

Examines the origins of the policies of the Bretton Woods institutions. Develops methods to evaluate the macroeconomic policies and studies the missions and structures of the institutions. (Irreg.)

Prerequisite: 1113, 1123

An introduction to the existing debates on comparative economic development in the Middle East and North Africa region during the post-independence period. (Irreg.)

Prerequisite: 3113, Calc II

Develops the fundamental concept of the Nash equilibrium, advancing to refinements such as sub-game perfection and Bayesian perfection. Applications include oligopoly, adverse selection in insurance markets, and moral hazard in agency. 

Prerequisite: permission of instructor

May be repeated with change of topic; maximum credit nine hours. An application of economic analysis to contemporary problems. Specific topics to be announced each time offered. (F, Sp)

Prerequisite: 3113, 3133 or permission of instructor

Concerned principally with a comparative economic and institutional analysis of past and present systems. (Sp)

The economics of the developing nations; a review and analysis of common problems and issues. No student may earn credit for both 4853 and 5853.

Prerequisite: good standing in University; permission of instructor and dean
May be repeated; maximum credit four hours

Designed for upper-division students who need opportunity to study a specific problem in greater depth than formal course content permits. (Irreg.)

Prerequisite: senior standing or permission of instructor
May be repeated; maximum credit nine hours

Special topics or seminar course for content not currently offered in regularly scheduled courses. May include library and/or laboratory research and field projects. (Irreg.)

Prerequisite: 1113, 1123, 2843, 3113, 3133 or permission of instructor

Examination of selected topics in various subdisciplines within economics e.g., international trade and finance, econometrics, energy economics, public finance, labor economics, economic history and development, etc.

Prerequisite: admission to Master of Business Administration program or permission of instructor

Covers basic probability density functions, the parametric estimating techniques of linear multivariate regression analysis and the elements of statistical decision making under uncertainty. (F, Sp, Su)

Prerequisite: graduate standing

Practical applications of economic theory and techniques to business problems. Topics include: demand theory and estimation; production and cost theory; empirical cost analysis; pricing practices, market structure and antitrust policy; corporate strategies for dealing with risk; long-term investment decisions with emphasis on plant size, technological change and investment requirements. (F, Sp)

Prerequisite: 5033, 5073

Emphasizes current topics in several areas including: regulation, business and government, antitrust economics, the economics of intellectual capital markets, and the economics of technological change. Strategies for management will also be discussed. (Irreg.)

Prerequisite: permission of instructor

Covers the mathematical techniques used by Ph.D-level economics courses. All MA (Theory) and Ph.D. students are required to take this course or test out of it. (F)

A review of contemporary economic methodology and theory and their application to the analysis of macroeconomic questions and problems in the American economy. Techniques of economic forecasting will also be covered. (F, Sp, Su)

Prerequisite: 3113 or equivalent, senior standing or permission

An intensive study of the static and dynamic welfare and efficiency properties of the price and market system method of social organization. Topics include: theory of markets, game theory, capital theory and intertemporal equilibrium, general equilibrium and employment, welfare theory. (Sp)

Prerequisite: 2843, 3113, 3133

Investigation of several important models of economic activity. Emphasis on methods of analysis and interpretation involving construction of mathematical models reflecting the economic substance of these models. Implications for economic policy considered.

Prerequisite: 3113, 3133

Comparison of static macroeconomic systems; introduction to dynamic macroeconomic systems; post-Keynesian and modern theories of economic growth. (F)

Prerequisite: Regional and City Planning 5113 or equivalent

A lecture-seminar-problems-oriented course designed to acquaint the student with the scientific techniques used to analyze urban and regional social, economic, political and environmental problems. Oriented to reflect requirements for studies leading to the preparation of goals, policies, and plans for urban and regional scale development. (Sp)

Prerequisite: graduate standing

Measurement of micro- and macro-economic relations, both static and dynamic. Comparative statics and dynamics; practical use of inference from non-experimental data. Identification and estimation problems. (Irreg.)

Prerequisite: 5213

Systems of equations, alternative methods of estimation, including indirect least squares, limited information, two- and three-stage least squares, full information maximum likelihood, formulation and interpretation of econometric models. (F)

Prerequisite: graduate standing

Examines topics in international trade and finance including and evaluation of economic policies and international institutions. Public policy topics such as the impact of tariffs, quotas and exchange rates will be discussed. (Irreg.)

Prerequisite: graduate standing

Examines the market structure, conduct and performance of various industries. Topics include: theory and empirical results regarding structure, conduct and performance; the structure of U.S. industry versus other countries; recent developments; and antitrust policy. (Irreg.)

Prerequisite: 4353 or permission of instructor

Teach advanced principles of public finance. The chief topics are market failure and public goods, public choice and principles of expenditure analysis. : Dr. Burge,

Prerequisite: graduate standing

Examines the "Austrian" economics market process theories based on the work of Ludwig von Mises and Friedrich Hayek. Topics include disequilibrium view of markets, the nature of economic knowledge, the role of entrepreneurship, and the critique of central planning. No student may earn credit for both 4363 and 5363. (Irreg.)

Prerequisite: graduate standing

Application of economic theory and techniques to regulated industries and public utilities. Topics include history and theoretical basis for regulation, exit and entry restrictions, theory versus empirical results, regulatory methods and principles, rate of return regulation, and public ownership. (F)*

Prerequisite: graduate standing

Study of economic models of urban location, including firm location and residential location models. Public policy topics of urban taxation, residential housing discrimination, urban renewal, etc. will also be discussed from an economic perspective. (Irreg.)

Prerequisite: 3613 and Mathematics 1743 or permission of instructor

Causes and effects of international trade; gain from trade; theory of tariff and effective protection; economic growth and trade; intermediate products; optimal trade policies; factor market imperfections; theory of integration. (Sp)

Prerequisite: 3613 and Mathematics 1743 or permission of instructor

Foreign exchange rates; balance of payments; alternative international monetary systems; international reserves. (F)

Covers basic macro-and microeconomics needed for MBA students including international economic issues. (Sp)

Prerequisite: graduate standing

The economics of the developing nations; a review and analysis of common problems and issues. No student may earn credit for both 4853 and 5853. (Irreg.)

Prerequisite: 5033 or equivalent; graduate standing

Economic analysis of the competitive relationships in the oil, natural gas, coal and electricity markets. Special attention is given to the determinants of price and the influence of price upon the economic feasibility of energy projects. The structure and pricing of international crude oil markets. Federal and state legislative and regulatory policy; their influence upon energy production and prices. (F)

May be repeated; maximum credit six hours. (F, Sp, Su)

May be repeated; maximum graduate credit eight hours

The only passing grade given in this course is the neutral grade of S. Directed readings under staff supervision for advanced students. A comprehensive report or examination is required. (F, Sp, Su)

Variable enrollment, two to nine hours; maximum credit applicable toward degree, four hours. (F, Sp, Su)

May be repeated with change of topic; maximum credit 12 hours

Advanced studies in various areas of economics. Given under stated titles determined each semester by the instructor involved. (F, Sp)

This is not a course offered at the University of Oklahoma. It is used to denote graduate level transfer credit for which there is no OU equivalent course. 

Prerequisite: 5123, 5163, permission of instructor

Preclassical and classical economic analysis, with emphasis chronologically on particular authors beginning with Plato. A study of their points of view and their relevance to contemporary analysis and problems. (Sp)*

Prerequisite: 5123

Covers advanced data analysis techniques useful for performing policy analysis. Focus on: structural regional modeling, program evaluation and experimental design. Goal is to help students develop a broad understanding of the methodological and empirical issues needed to evaluate public policy programs. (Irreg.)

Prerequisite: 5123 or equivalent, graduate standing

Current theoretical issues and research developments are explored. Attention is given to externalities, social welfare functions, market and nonmarket choice mechanisms, capital theory and analysis of intertemporal adjustments, general equilibrium under dynamic growth conditions. (F)

Prerequisite: 5163

Detailed analysis of static and dynamic macroeconomic systems; macrostatic and macrodynamic policy issue. (Irreg.)

Prerequisite: graduate standing or permission of instructor

Survey of recent industrial organization, public utility and regulation literature.

Prerequisite: 5243

Topics and techniques in advanced econometric methods including time-series analysis and/or panel data analysis. May include applications in time-series econometrics such as ARMA models and VAR techniques; and applications in panel data econometrids including fixed effects, random effects and dynamic models. (F)

Prerequisite: 6343

Examines advanced topics in theoretical and applied econometrics. The course covers recent innovations in econometric techniques including general method of moments estimators, panel cointegration techniques, and other advanced topics. (Sp)

Prerequisite: 5613 or 5633

Survey of recent literature in international economics. Recent theoretical and empirical research in international trade and/or international finance will be examined. (Irreg.)

Prerequisite: graduate standing and permission of instructor

Endogenous growth theory, recent work on growth success and failures, regime switching models of growth, the effects of crises on long run performance, and the role of the IMF and World bank in development. Other topics may include financial crises, corruption, etc. (Irreg.)

Problems of economic development with special emphasis on the developing nations. Theoretical as well as policy issues concerning the process of economic development are examined. (Irreg.)

Prerequisite: 5313 or permission of instructor

Survey of recent literature in the economics of public finance. Recent theoretical and empirical research will be examined. (Irreg.)

Prerequisite: graduate standing or permission of instructor

May be repeated; maximum credit six hours. Directed readings and/or literature review under the direction of a faculty member. (Irreg.)

Prerequisite: graduate standing or permission of instructor

May be repeated; maximum credit 12 hours. Special topics or seminar course for content not currently offered in regularly scheduled courses. May include library and/or research and field projects. (Irreg.)

(F, Sp, Su)

Prerequisite: graduate standing and permission of instructor
May be repeated; maximum credit nine hours

Contracted independent study for a topic not currently offered in regularly scheduled courses. Independent study may include library and/or laboratory research and field projects. (Irreg.)