~ Department of Economics ~
Undergraduate Course Listings Fall
2009
The courses described on this page are divided into two categories. Those numbered in the 100s and 200s are lower division courses aimed at freshman and sophomore levels. Those numbered in the 300s and the 400s are upper division courses for sophomores, juniors and seniors.

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Table of Contents

Major Requirements

Minor Requirements

Further Information

Introductory Macroeconomics: 105

Introductory Microeconomics: 106

200 Level Courses

Intermediate Microeconomics I: 300

Intermediate Macroeconomics I: 303

Upper Division Courses Numbered 309-350

Upper Division Courses Numbered 403-442


Major Requirements
A major requires a total of 33 credit hours in economics, made up of 15 hours of required courses (Econ 105 [formerly 200], 106 [formerly 201], 300, 303 and 309) and 18 hours of electives; up to 3 hours of elective credit may be lower division. Students are encouraged to discuss the selection of electives with undergraduate advisors in the Economics Department. Majors, particularly those interested in going on to graduate school, are encouraged to complete one semester of calculus (Math 162 or 180).

Students with a 3.2 GPA or better in economics are invited to apply to the departmental honors program. See the undergraduate advisor for more details.

Minor Requirements
A minor requires a total of 18 credit hours in economics, consisting of 9 hours of required core courses (Econ 105 [formerly 200], 106 [formerly 201], and either 300 or 303) and 9 hours of electives, 3 hours of which may be lower division.

Further Information
Undergraduate Advisor:

Melissa Binder , Econ Building Rm. 1019
Phone 277-5304, email: mbinder@unm.edu

Department Administrator:

TBA , Econ Building Rm. 1019
Phone 277-3144, email: mdaw@unm.edu

Academic Advisor

Shoshana Handel, Econ Building Rm. 1019
Phone 277-3056, email: shandel@unm.edu

Administrative
Assistant II


Maria Daw, Econ Building Rm. 1019
Phone 277-5304, email: mdaw@unm.edu

You can also subscribe to the listserv econadvise@list.unm.edu to get notices of general interest to undergraduate students. These include job postings, internships and research opportunities. See http://list.unm.edu/cgi-bin/wa for information about subscribing to lists.


Introductory Macroeconomics 105
Larry Waldman (lwaldman@unm.edu)  
Sections 002: MWF 0900 am - 0950 am, ANTHRO 160  
No Lab
Economics on a national scale: determination of national income, employment level, inflation and impact of policies affecting money supply, interest rates and government programs. Current macroeconomic issues and problems. Meets New Mexico Lower Division General Education Common Core Curriculum Area IV. Social/Behavioral Sciences (NMCCN 2113)
(Prerequisite for most upper-division courses.)

Introductory Macroeconomics 105
Chris Hyer (chyer@unm.edu)  
Section 003: MW 1800 - 1915, EDUC 103  
No Lab
Economics on a national scale: determination of national income, employment level, inflation and impact of policies affecting money supply, interest rates and government programs. Current macroeconomic issues and problems. Meets New Mexico Lower Division General Education Common Core Curriculum Area IV. Social/Behavioral Sciences (NMCCN 2113)
(Prerequisite for most upper-division courses.)

Introductory Macroeconomics 105
Ronald Cummings (ronald1323@msn.com)  
Sections 008: MWF 1200 - 0250, EDUC 104  
No Lab
Economics on a national scale: determination of national income, employment level, inflation and impact of policies affecting money supply, interest rates and government programs. Current macroeconomic issues and problems. Meets New Mexico Lower Division General Education Common Core Curriculum Area IV. Social/Behavioral Sciences (NMCCN 2113)
(Prerequisite for most upper-division courses.)

Introductory Macroeconomics 105L
Matias Fontenla (fontenla@unm.edu)  
Sections 009: TR 0930 - 1045, KIVA 104  
No Lab
The study of macroeconomics involves big (economy-wide) issues like GDP, economic growth, recessions, deficits and inflation. Students who successfully complete this course will be able to come to their own conclusions about how rising gas prices will impact the economy, if the Fed should lower the interest rate and the significance of rising national debt, as well as other topics that make front page news because they have real impacts on real people. Using a combination of lectures, hands-on lab activities (some of which involve food) and web-based instruction, this course will take a step-by-step approach to understanding the complexities of the US Economy.

Introductory Macroeconomics 105
Matias Fontenla (fontenla@unm.edu)
Sections 010: TR 1230 - 1345, NTHP 122  
No Lab
Economics on a national scale: determination of national income, employment level, inflation and impact of policies affecting money supply, interest rates and government programs. Current macroeconomic issues and problems. Meets New Mexico Lower Division General Education Common Core Curriculum Area IV. Social/Behavioral Sciences (NMCCN 2113)
(Prerequisite for most upper-division courses.)

Introductory Macroeconomics 105
Mike Hymel (mikehymel@unm.edu)  
Sections 012: TR 1400 - 1630, 2nd 8 weeks, KAFB  
No Lab
Economics on a national scale: determination of national income, employment level, inflation and impact of policies affecting money supply, interest rates and government programs. Current macroeconomic issues and problems. Meets New Mexico Lower Division General Education Common Core Curriculum Area IV. Social/Behavioral Sciences (NMCCN 2113)
(Prerequisite for most upper-division courses.)

Introductory Macroeconomics 106L
Kate Krause (kkrause@unm.edu)  
Lecture MW: 1100-1150, ANTHRO 163 
Lab Sec. 001: F 0900 - 0950: GSM 230; Lab Sec. 004 0900-0950 GSM 128 

Economic decisions and their consequences are not random. In this class students will learn how to use the framework of microeconomic models to recognize, understand, and interpret the economic henomena that you observe everyday. The learning objectives for this course are to:

  • apply the tools of microeconomics to analyze the decisions of consumers, firms and government entities,
  • use the market framework and diagrams to explain and predict the consequences of policy, current events and changing economic conditions, and
  • create and use diagrams and models that illustrate the interdependence of consumers, firms and other economic agents.

These sections of Introductory Microeconomics will take place on Mondays and Wednesdays, on Fridays you will meet in smaller classes to explore course concepts in greater detail and with active participation. Attendance at both lectures and labs is mandatory. Students enrolled in these sections can expect to do a significiant amount of writing. We will emphasize the application of economic theories to observed day-to-day behavior.


Introductory Macroeconomics 106L
Kate Krause (kkrause@unm.edu)  
Lecture MW: 1100-1150, ANTHRO 163 

Lab Sec. 003: F 1100 - 1150: GSM 230; Lab Sec. 006: F 1100-1150
GSM 128; Lab Sec. 008: F 1100-1150 GSM 232

Economic decisions and their consequences are not random. In this class students will learn how to use the framework of microeconomic models to recognize, understand, and interpret the economic henomena that you observe everyday. The learning objectives for this course are to:

  • apply the tools of microeconomics to analyze the decisions of consumers, firms and government entities,
  • use the market framework and diagrams to explain and predict the consequences of policy, current events and changing economic conditions, and
  • create and use diagrams and models that illustrate the interdependence of consumers, firms and other economic agents.

These sections of Introductory Microeconomics will take place on Mondays and Wednesdays, on Fridays you will meet in smaller classes to explore course concepts in greater detail and with active participation. Attendance at both lectures and labs is mandatory. Students enrolled in these sections can expect to do a significiant amount of writing. We will emphasize the application of economic theories to observed day-to-day behavior.


Introductory Microeconomics 106L
Kate Krause (kkrause@unm.edu)  
Lecture MW: 1100-1150, ANTHRO 163 
Lab Sec. 009: F 1200-1250; GSM 232 

Economic decisions and their consequences are not random. In this class students will learn how to use the framework of microeconomic models to recognize, understand, and interpret the economic henomena that you observe everyday. The learning objectives for this course are to:

  • apply the tools of microeconomics to analyze the decisions of consumers, firms and government entities,
  • use the market framework and diagrams to explain and predict the consequences of policy, current events and changing economic conditions, and
  • create and use diagrams and models that illustrate the interdependence of consumers, firms and other economic agents.

These sections of Introductory Microeconomics will take place on Mondays and Wednesdays, on Fridays you will meet in smaller classes to explore course concepts in greater detail and with active participation. Attendance at both lectures and labs is mandatory. Students enrolled in these sections can expect to do a significiant amount of writing. We will emphasize the application of economic theories to observed day-to-day behavior.


Introductory Microeconomics 106
Justin Smith (jthsmith@unm.edu) 
Lecture Section 0010 MWF 900-950; EDUC 105 
 

Exploration of individual consumer behavior, production decisions by the firm and supply and demand relationships in the marketplace. examination of he international dimension of production and consumption choices. Meets New Mexico Lower Division General Education Common Core Curriculum AreaIV: Social/Behavioral Sciences (NMCCN 2123

(Prerequisite for most upper division courses)



Introductory Microeconomics 106
Michael Hymal (mhymel@csf.edu) 

Section 014: TR 1400-1630; KAFB

2nd-8 week term

Exploration of individual consumer behavior, production decisions by the firm, and supply and demand relationships in the marketplace. Examination of the international dimensions of production and consumption choices. Meets New Mexico Lower Division General Education Common core Curiculum Area IV: Social/Behavioral Sciences (NMCCN 2123). (Prerequisite for upper division courses.)

Introductory Microeconomics 106
Naresh Nepal (nnepal@unm.edu)
Lecture Sections 011: TR 930-1045; DSH 125 
 

Exploration of individual consumer behavior, production decisions by the firm and supply and demand relationships in the marketplace. examination of he international dimension of production and consumption choices. Meets New Mexico Lower Division General Education Common Core Curriculum AreaIV: Social/Behavioral Sciences (NMCCN 2123

(Prerequisite for most upper division courses)


Introductory Microeconomics 106
Heidi Pitts (hpitts@unm.edu) 
Lecture Section 011: TR 1100-1215; CAS 100 
 

Exploration of individual consumer behavior, production decisions by the firm and supply and demand relationships in the marketplace. examination of he international dimension of production and consumption choices. Meets New Mexico Lower Division General Education Common Core Curriculum AreaIV: Social/Behavioral Sciences (NMCCN 2123

(Prerequisite for most upper division courses)


Introductory Microeconomics 106
Alejandro Prera (alprera@unm.edu) 

Section 013: TR 1400-1515; EDUC 103

 

Exploration of individual consumer behavior, production decisions by the firm and supply and demand relationships in the marketplace. examination of he international dimension of production and consumption choices. Meets New Mexico Lower Division General Education Common Core Curriculum AreaIV: Social/Behavioral Sciences (NMCCN 2123

(Prerequisite for most upper division courses)


Personal Investing 212
Phillip Ganderton
Section 001: MWF 1000-1050; DSH 120

Investment options available to the individual will be analyzed in terms of economic theories of capital markets. Risk, value, returns and portfolio analysis.


Intermediate Microeconomics 300
Robert Berrens (rberrens@unm.edu)
Section 001: TR 1230-1345; ECON 1052

Intermediate analysis of microeconomic theory and concepts. Toics include consumer behavior and demand, production and costs, price and output under both perfect competition and pure monopoly.

Prerequisites: 105 and 106


Intermediate Microeconomics 300
Justin Tevie (teviej@unm.edu)  
Section 002: TR 1700-1815

Intermediate analysis of microeconomic theory and concepts. Toics include consumer behavior and demand, production and costs, price and output under both perfect competition and pure monopoly.

Prerequisites: 105 and 106


Intermediate Microeconomics 300
Paul Paez (pjpaez@unm.edu)  
Section 036: M 1730-2000; CNMWS2

Intermediate analysis of microeconomic theory and concepts. Toics include consumer behavior and demand, production and costs, price and output under both perfect competition and pure monopoly.

Prerequisites: 105 and 106


Intermediate Macroeconomics 303
Elizabeth Donnelly (edonnell@unm.edu) 
Section 036: T 1900-2130; CNMWS2

Theories of national income determination in explaining business cycles, aggregate supply, and the role of expectations. Role of monetary and fiscal policies in stabilizing the economy.

Prerequisites: 105 and 106



Intermediate Macroeconomics 303
Don Coes (dcoes@unm.edu)
Section 001: TR 930-1045; DSH 227
Economics 303 is an intermediate level undergraduate course, intended primarily for economics majors and other social science and business students. Economics 105 (Introductory Macroeconomics) and Economics 106 (Introductory Microeconomics) or equivalent courses are pre-requisites for Economics 303. Under special circumstances, you may be admitted to the course with the instructor’s permission without Economics 105 or 106 or their equivalents. Macroeconomics, in contrast to micro, adopts an “aggregate” or whole-economy approach, rather than focusing on the economic incentives and resulting decisions of individuals like consumers or firms. Macroeconomics nevertheless rests on microeconomic foundations, and the same kind of economic reasoning is fundamental in both macro & micro.
The three major objectives in the course are to develop an understanding of:
1. The factors that influence the total supply of goods & services & growth over the long run.
2. Short-run departures of the major macroeconomic variables from their long run trends.
3. How government policies and world markets influence the national economy.
Prerequisites: 105 and 106 or permission of instructor.

Introductory Statistics and Econometrics 309
Alok Bohara (bohara@unm.edu)
Section 002: TR 1400-1515; DSH 141
Introductory statistics, probability, probability distributions and hupothesis testing. Basic econometric techniques emphasizing estimation of economic relationships and the use of econometric models in forecasting.
Prerequisites: 105, 106, Stat 145 or permission of instructor.

Money and Banking 315
Elizabeth Donnelly (edonnell@salud.unm.edu)
Section 036: W 1900-2130; CNMW

Principles of money, credit and banking; organization and operation of the banking system; and the relationship between money, banking and the level of economic activity.
Prerequisites: 105 & 106.


Money and Banking 315
Michael Hymel (mhymel@csf.edu)
Section 001: MWF 1200-1250

Principles of money, credit and banking; organization and operation of the banking system; and the relationship between money, banking and the level of economic activity.
Prerequisites: 105 & 106.


Labor Economics 320
Paul Paez (ppaez@unm.edu
Section 036: R 1730-2000; CNMW

Determinants of labor force, wage levels and structures and employment, human capital theory and discrimmination, economic consequences of trade union and government intervention.

Prerequisites: 105 and 106


Industrial Organization 333
Brady Horn (bhorn@unm.edu)
Section 001: TR 1100-1250 ECON 1002
Firms and markets; interactions of firms in markets that are noncompetitive (oligopolistic and monopolistic); various government policies to control the behavior of firms with market power.
Prerequisites: Econ 105 and 106.

Health Economics 335
Richard Santos (santos@unm.edu)
Section 001: T 1900-2130 DSH 120

Market concepts and health care issues. Economic assessment of the U.S. Health Care system. Explores physician supply and demand, hospitals, malpractice, pharmaceuticals, insurance and related topics.

Prerequisites: 105 and 106


Environmental Economics 342
Bishwa Koirala (bkoiralaEunm.edu)
Section 001: M 1730-2000; ECON 1052

Introduction to economics of environmental management problems, conceptual tools and policy applications, resource acarcity and sustainability, efficiency and equity, property rights and externalities, benefit-cost analysis and discounting, provision of public goods and nonmarket valuation.

Prerequisites: 105, 106 and 300


Public Finance 350
Hari Katuwal (katuwalh@unm.edu)
Section 001: MWF 1300-1350; ECON 1002

(Also offered as POLS 350)
Taxation, governmental borrowing, financial administration and public expenditures.
Prerequisites: 105 & 106


Mathematical Methods in Economics 407
Jennifer Thacher (jthacher@unm.edu)
Section 001: TR 0930 – 1045, SSCI 1111

A survey course designed to develop those mathematical results and methods which find frequent use in economics analysis.
Prerequisites: Econ 300 & 303


Topics in Health Economics 466
Richard Santos (santos@unm.edu)
Section 001: T 1900 – 2130, TBA

Product evaluation, cost-benefit analysis, capital budgeting, financing, federal-state relationships, environmental and public welfare impact of projects and other related issues.

Prerequisites: 300 & 350






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