Urban & Regional Economics utilizes economic theory and real-world
examples to examine major contemporary issues confronting urban and
rural areas. At the most basic level, U&R Economics introduces space
into economic models and studies the location of economic activity. The
course will introduce theories of why cities exist, city location, city
size, and the causes of city growth and decline. The course will also
explore possible economic solutions to problems associated with housing,
transportation, education, employment, pollution, and crime.
Applied Economic
Research (ECON 482) Syllabus:
Fall
2021
This course is designed to introduce West Virginia University
Economics students to Applied Economics research. Students will be
exposed to applications of popular methods and studied subfields within
Economics through published research. The course will cumulate with the
completion and presentation of a major research project.
Intermediate
Microeconomic Theory (ECON 301) Syllabus:
Fall
2021
Intermediate Microeconomic Theory is designed to extend your
knowledge of basic microeconomic principles introduced in Econ 201.
Microeconomics studies the behavior of individual consumers, firms, and
other economic agents that influence markets, such as the government.
Using economic theories and models to study the behavior of economic
agents helps us to better understand contemporary real world economic
and business issues, as well as personal issues.
The course begins with basic concepts of the market: supply, demand,
and market equilibrium. We then look at principles underlying consumer
choices and individual and market demand. Next, we consider individual
firm behavior including profit maximization and cost minimization under
perfect competition. We then evaluate the welfare effects of various
government interventions in perfectly competitive markets such as price
ceilings, price floors, taxes, and subsidies. We conclude with a look at
pricing with market power.
This course is designed to introduce WVU students to the principles
of microeconomics. Microeconomics is the study of the behavior of
individual economic units, such as households and business firms, and of
their interactions in markets. Almost 100 years ago, the economist
Alfred Marshall described microeconomics as the study of men and women
in the “everyday business of life”.
A principles level economics course analyzing how markets determine
prices and the role of the price system in society. Examination of
rationales for and limitations to government regulation of human
interaction in markets. Introduction of the factors that determine
macroeconomic activity and economic growth. Discussion of the American
financial system and international trade. Consistent with its inclusion
in the College’s general education curriculum, this course emphasizes
economic literacy for understanding historical and current events.
