Theory, empirical specification, and tests of macroeconomic functions. National econometric models. Theories and empirical models of the business cycle and economic growth. Use of models for policy analysis and forecasting.

Analysis of stability, cooperative and non-cooperative game theory, information economics, exhaustible resources, disequilibrium, public goods, public choice, and input-output analysis.

Aids students in completing a paper for which they conduct research on a particular economic problem or issue using the knowledge and skills they have gained from their other classes. Students meet regularly with their faculty advisor throughout the semester. They also present their work at various stages of completion. Presentations of students' topics and final papers are made to the faculty.

Independent Study.