Economics

This course is an introduction to basic concepts in corporate finance and their applications to: (1) valuation of assets and cashflow discounting; (2) evaluation of investment proposals; (3) valuation of risky assets including stocks and bonds; and (4) corporate finance policy decisions including dividend and capital structure policy. Students are advised to take ECON2011 and 2021 before taking this course.

Why do some countries grow rich while others remain poor? This course provides an introduction to theoretical and empirical research on economic growth and aggregate development. It introduces students to theoretical and empirical examination of income differences between countries and their growth processes. The first part of the course focuses on the impact of factor accumulation (physical capital, population growth, and human capital) on income and growth rates among countries. The second part of the course, demonstrates the importance of variation in productivity in explaining cross country differences in income and growth.

This course provides opportunities to develop proposals for new products and services, using emerging technologies. The class formulates predictive scenarios for strategic decision making, based on the application of the appropriate statistical models. Students apply representation techniques to generate digital graphic reports that will facilitate decision making, using computer tools and visual techniques. The course also distinguishes financing sources, considering their cost, risk and impact on organizations’ financial structure while identifying market needs by obtaining and analyzing primary and secondary multiplatform information. 

This course strengthens linguistic, cultural, and analytical skills through a focus on the economic and social realities of the United States and the United Kingdom. It develops the ability to understand, process, and critically interpret major economic concepts and historical contexts. The course emphasizes effective listening, note-taking, and building disciplinary vocabulary, and engages with essential notions in economics, social history, and contemporary societal issues.

This course explores the foundation of microeconomic theory at an intermediate level.  The course sequence addresses the broad methodological topics of consumer theory, producer theory, market structure, and contract theory. 
 

Required course prerequisites: Introductory microeconomics, linear algebra, and multivariate calculus.

The course provides an overview of the growth and development of the global economy during the 20th century. To develop an understanding of these processes, the course examines the forces shaping the global economy and the institutions to which it has given rise, from the World Trade Organization to the multinational enterprise. Understanding is aided by the introduction of relevant theoretical perspectives (economic, historical, management, geopolitical). Attention is given to the role of Foreign Direct Investment as a driving force in the integration of developing countries into the globalization process, although the consequences of globalization in relation to the environment, social inequalities and poverty are also examined and other measures of welfare studied. 

This course teaches the theory of political economics, a recently growing area in the field of economics, in which economic theory and game theory are applied to understand political-economic phenomena. 

Course Prerequisites: The lecture assumes that participants have a basic knowledge of microeconomics and game theory at the introductory level. Some algebra, such as differentiation and optimization, will be required.

This course examines economic miracles of Japan and Korea and their central business organizations, keiretsu and chaebols, that brought the success. It then analyzes how they responded to the challenges of the transition from catching‐up economies to mature economies, and how their business organizations functioned in the transition process. The course requires students to take prerequisites.

This intermediate international business course solves a challenge related to the internationalization of companies. As a learning outcome, the class develops skills to understand the processes required to conduct business in Mexico using various input methods while grasping the processes involved and, of course, understanding how cultural differences must be analyzed when doing business in an international context.

Course topics include:

• History of Mexico and the political environment
• Mexican economy
• Mexican infrastructure
• Trade agreements
• Cultural patterns and business protocol
• Management styles
• Work and labor conditions in Mexico

This course offers students insights and different perspectives that can help explain why, over the centuries, some nations and cities succeed in our global economy while others fail. The course is divided into three parts. The first part introduces theories of global economics and the determinants for a nation/city to achieve power and prosperity versus poverty from a historical perspective. The second part examines specific case studies to enhance our understanding of concepts and broad intellectual perspectives to do with international trade, and monetary and financial systems. The course ends with current challenges in the global economy and the way nations and cities might resolve those problems. Special attention is given to the emergence of the world economy in the 21st century and the changing world economic order over time.