UNDERGRADUATE REGULATIONS & SYLLABUSES 2013 - 2014 THE FACULTY OF SOCIAL SCIENCES LEVEL: III SEMESTER: I COURSE CODE: ECON 3001 COURSE TITLE: INDUSTRIAL ECONOMICS I CREDITS: 3 PREREQUISITES: ECON 2000 AND ECON 2001 AND ECON 2002 (EC21A) DEPARTMENT RESPONSIBLE: ECONOMICS COURSE DESCRIPTION: This course introduces the student to industrial organisation theory, traditional and modern, the issues of structure and strategy in the modern business enterprise, and the economic implications thereof.
LEVEL: III SEMESTER: II COURSE CODE: ECON 3007 COURSE TITLE: INTERNATIONAL FINANCE CREDITS: 3 PREREQUISITES: ECON 2002 AND ECON 2003 DEPARTMENT RESPONSIBLE: ECONOMICS COURSE DESCRIPTION: The Balance of Payments; The Foreign Exchange Market (Euro-Currency Market and Analysis of the Efficient Market Hypothesis); International Adjustment and Stabilisation; The International Monetary System (History, Problems and Proposals for Reform.); International Capital Markets and the Movement of Capital; The International Debt Problem.
LEVEL: III SEMESTER: II COURSE CODE: ECON 3002 COURSE TITLE: SOCIAL ECONOMICS CREDITS: 3 PREREQUISITES: ECON 2002 AND ECON 2003 DEPARTMENT RESPONSIBLE: ECONOMICS COURSE DESCRIPTION: This course is designed to give students a feel for the main economic issues involved in the assessment of major social sectors by focusing the tools of economic analysis in Health, Housing, Education, Poverty Alleviation, the Environment, and on Gender and Racial/Ethnic Discrimination and their elimination.
LEVEL: III SEMESTER: II COURSE CODE: ECON 3008 COURSE TITLE: HISTORY OF ECONOMIC THOUGHT CREDITS: 3 PREREQUISITES: ECON 1001 /AGBU 1005 AND ECON 1002/ AGBU 1006 DEPARTMENT RESPONSIBLE: ECONOMICS COURSE DESCRIPTION: Examination of the development of Economic analysis – Early Economic Thought, The Classical School, Marxist School, Neoclassical and Keynesian Schools. Selected Modern Trends and Controversies; Development Economics; the Establishment of Caribbean Economics.
LEVEL: III SEMESTER: I COURSE CODE: ECON 3005 COURSE TITLE: MONETARY THEORY AND POLICY CREDITS: 3 PREREQUISITES: ECON 2000 AND ECON 2002 DEPARTMENT RESPONSIBLE: ECONOMICS COURSE DESCRIPTION: The objective of this course is to provide students with a solid grounding in (i) the fundamentals of monetary theory and (ii) the effects of monetary policy on the macro economy. Experiences of both developed and developing countries will be used to highlight the links between theory and policy.
LEVEL: III SEMESTER: I COURSE CODE: ECON 3011 COURSE TITLE: ECONOMICS OF FINANCIAL INSTITUTIONS CREDITS: 3 PREREQUISITES: ECON 2000 AND ECON 2001 DEPARTMENT RESPONSIBLE: ECONOMICS COURSE DESCRIPTION: This course seeks to provide students with a background to the workings of the Financial Systems in Market Economies generally and within the Caribbean economic context in particular.
LEVEL: III SEMESTER: I COURSE CODE: ECON 3006 COURSE TITLE: INTERNATIONAL TRADE CREDITS: 3 PREREQUISITES: ECON 2000 AND ECON 2002 AND ECON 2003 DEPARTMENT RESPONSIBLE: ECONOMICS COURSE DESCRIPTION: The theory of international trade including alternative theories of trade; the structure of world trade and the main factors influencing trade (trade in services); the relationship between trade, growth and development; international trade policy; regional economic integration including North-South cooperation; international investments: the multinational firm.; institutions and agreements which influence international trade (WTO, LOME, etc.).
LEVEL: III SEMESTER: I COURSE CODE: ECON 3016 COURSE TITLE: PUBLIC FINANCE CREDITS: 3 PREREQUISITES: ECON 2000 AND ECON 2001 DEPARTMENT RESPONSIBLE: ECONOMICS COURSE DESCRIPTION: The Role of Government in the Economy; The Role of Government in developing countries and the Caribbean; Public Finance - Taxation (direct and indirect) and its impact on the economy; the Theory of Public Sector Pricing and Production; The Scope and Limitations of Public Economic Policy and the Design of Public Policy.
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