This resource guide accompanies BMCC Professor Bettina E. Berch's Spring 2017 Zero Textbook Cost Syllabus for Economics 201 (Macroeconomic Theory).
This course hub website contains OER/ZTC (Open Educational Resources/Zero Textbook Cost) resources for faculty teaching Introduction to Macroeconomics (ECO 201) at the Borough of Manhattan Community College (BMCC). These resources are freely available for use by BMCC faculty and beyond.
An investigation of the microeconomy as seen through the eyes of the individual consumer and firm. Economic concepts, including profits, employment and resources via supply and demand, elasticity, utility, costs, and market structures are applied to significant contemporary economics problems.
Topics include: time value of money, risk and rates of return, asset valuation, capital budgeting, and capital structure. Students will gain understanding of financial assets, financial markets, financial intermediaries and the banking system. Students will also understand financial statements (i.e. balance sheet, income statement, and cash flow statement) published by corporations and the various ratios utilized by investors.
Development and application of modern statistical methods, including such elements of descriptive statistics and statistical inference as correlation and regression analysis, probability theory, sampling procedures, normal distribution and binomial distribution, estimation, and testing of hypotheses.
The course introduces econometric techniques useful to conduct empirical analysis in economics and finance. The purpose of the course is to enable the student to master the concepts and be able to complete an independent empirical project. Firms, governmental or non-governmental agencies, regulators, experts, etc., all rely increasingly on data analysis to assess situations and take decisions. Statistical analysis and econometrics offer powerful tools that are easy to use but that need to be used properly. Interpreting results correctly from a statistical analysis is also paramount to the discipline.
ECON 10400 Introduction to Quantitative Economics Syllabus
ECON 20250 Intermediate Microeconomics Syllabus
This course teaches the fundamental parts of an economy and the factors that affect individual economic choices. Topics include consumer theory, producer theory, behavior of firms, market equilibrium, competition, international trade and the role of governments in the economy. Students will be introduced to methods economists use in economic analysis and research. Throughout the course, students will be encouraged to relate issues in economics to their own lives and the operations of businesses of different sizes and market structures.
If you are an entrepreneur, one of your priorities, in addition to building your company, is ensuring you have enough money at the right times. Early Stage Capital will consider a broad range of questions that entrepreneurs deal with on this front, including the following: What should your strategy and your priorities be in raising early stage capital? What are the market norms and standards in structuring VC deals? What are the critical negotiating strategies and tactics? How will your company be valued? How can you obtain the optimal valuation for your new venture? What are the critical elements in the relationship between venture capitalists and entrepreneurs? How is the "venture model" evolving? Is it broken? What is the impact of Super Angels and micro VCs? These are key questions that face all entrepreneurs in 2010, particularly first-time entrepreneurs. This course aims to prepare you for these decisions, as either a potential entrepreneur or venture capitalist. Using live interactions with leading figures in the venture finance community, most of the class sessions will analyze fundamental strategies of the venture-capital investment process and the critical importance of the relationship between entrepreneur and investor. As well, we will have a tactical focus on demystifying the legalities and jargon of the term sheet and the "A round" financing process. Significantly for 2010, we will also frequently consider the rapid and arguably fundamental change in VC today as the "lean startup" model threatens much of the traditional role and value of the venture investor. Disclaimer: The websites for this course and the materials they offer are provided for educational use only. They are not a substitute for the advice of an attorney and no attorney-client relationship is created by using them. All materials are provided "as-is", without any express or implied warranties.
This course provides a review of physical, chemical, ecological, and economic principles used to examine interactions between humans and the natural environment. Mass balance concepts are applied to ecology, chemical kinetics, hydrology, and transportation; energy balance concepts are applied to building design, ecology, and climate change; and economic and life cycle concepts are applied to resource evaluation and engineering design. Numerical models are used to integrate concepts and to assess environmental impacts of human activities. Problem sets involve development of MATLABĺ¨ models for particular engineering applications. Some experience with computer programming is helpful but not essential.
Introduction to econometric models and techniques, emphasizing regression. Advanced topics include instrumental variables, panel data methods, measurement error, and limited dependent variable models. Includes problem sets. May not count toward HASS requirement.
Econometrics is the study of estimation and inference for economic models using economic data. Econometric theory concerns the study and development of tools and methods for applied econometric applications. Applied econometrics concerns the application of these tools to economic data.
An introduction to current macroeconomic concerns with particular emphasis on medium-run economic fluctuations, economic crises, and the role of asset markets. Topics include the explanation of high chronic unemployment in some nations, the source of modern liquidity crises, the origin and end of speculative bubbles, and the factors that lead to substantial periods of economic stagnation.
Analyzes the theoretical and historical reasons why governments in latecomer countries have intervened with a wide array of policies to foster industrial development at various turning points: the initiation of industrial activity; the diversification of the industrial base; the restructuring of major industrial institutions; and the entry into high-technology sectors.
The economic growth of developing countries requires the acquisition of technological capabilities. In countries at the world technological frontier, such capabilities refer to cutting edge skills to innovate entirely new products. In developing countries, the requisite technological capabilities are broader, and include production engineering, project execution and incremental innovation to make borrowed technology work. Theories of technology acquisition are examined. The empirical evidence is taken from two sets of developing countries; the most advanced (Taiwan, Korea, India, China and Brazil) and the least advanced (Africa and Middle Eastern countries).
Economic Experiments: Demand & Supply
" This course is a survey of world economic history, and it introduces economics students to the subject matter and methodology of economic history. It is designed to expand the range of empirical settings in students' research by drawing upon historical material and long-run data. Topics are chosen to show a wide variety of historical experience and illuminate the process of industrialization. The emphasis will be on questions related to labor markets and economic growth."
" This course gives a historical perspective on financial panics. Topics include the growth of the industrial world, the Great Depression and surrounding events, and more recent topics such as the first oil crisis, Japanese stagnation, and conditions following the financial crisis of 2008."