ECON 401


Document Type

Course Change

Publication Date

Fall 2008


KEENE STATE COLLEGE 2008-2009 COURSE PROPOSAL FORM DATE: October 22, 2008 SPONSORING PROGRAM AND CHAIR: Department of Economics and Political Science Chair Michael Welsh, mwelsh@keene.edu , x8-2634, MS 3400 PROPOSAL SPONSOR: Armağan Gezici, agezici@keene.edu, x8- 2686, MS 3400 PROPOSED ACTION: Course Addition Number Change Title Change Credit Change Description Change Prerequisite Change Course Deletion Course Replacement Other: EXISTING (OLD) DATA: ECON 401 ADVANCED MICROECONOMICS Concentrates on market models, income distribution and general equilibrium Prerequisites: ISECON 100 and ECON 250 PROPOSED (NEW) COURSE DESCRIPTION: Concentrates on rational choice behavior on the part of consumers and firms and the interaction of these agents in various market settings; examines the effects of government policies, market power and externalities on market efficiency. Prerequisites: ISECON 100 and ECON 250, Fall LEARNING OUTCOMES: • Students will demonstrate a comprehensive and detailed knowledge and understanding of the main strands of microeconomic theory • Students will be able to apply these theories to the analysis of economic questions and public policy. • Through the extensive use of problems and case studies, students will gain the skills of problem solving, and critical thinking in economics. RATIONALE: We are changing the description of the course to make it more comparable to standard advanced microeconomics courses offered at other institutions and to conform to discipline standards. RESOURCES: No additional resources are needed. Assistant Professor Armağan Gezici will continue offering this course regularly in fall semesters. Existing library resources are sufficient for the course. ADVISORY OPINIONS: No other departments will be affected by the change.


Senate Curriculum Committee




Keene State College

ECON 401