FALL 2001
This information effective for Fall 2001.
Check with instructor the first day of class for any changes.
Instructor: David Kaun
TTh 10:00 - 11:45 AM
Soc Sci II, Room 75
Texts:
Estimated class meetings
1+
Introduction
H&G, Part I (pp. 3-54)3
Demand for the Arts
H&G, Chs. 4 and 5 (pp. 55-98)
READER(S) Demand Section3
The Performing Arts Firm
H&G, Chs. 6-8 (pp. 98-148)
READER(S) Production Section2
The Visual Arts; Museums and the Market for Art
H&G, Part III (pp. 149-198)
READER(S) Visual Arts Section3
The Performing Arts as an Occupation
H&G, Ch. 14 (pp. 281-301)
READER(S) Art as an Occupation Section1+
Economics of the Symphony Orchestra
H&G, Review Chs. 6-8
READER(S) The Symphony Orchestra Section
(Note: Start Reading American Canvas)2+
Public Policy Towards the Arts
H&G, Part IV (pp. 199-280)
READER(S) Public/Private Subsidies Section1
Taste and Culture in the United States
H&G, Ch. 16 (pp. 323-349)
READER(S) Review section on Demand
Scitovsky, The Joyless Economy***2
A Future for the Arts (Class Discussion)
American Canvas (on reserve)
H&G, Ch. 17*** Scitovsky's book should be started during week one
All students will be asked to do three "bi-weekly" papers over the course of the quarter rather than three and the end of the quarter.. These should be a short (2 page typed) paper, discussing any of the relevant media items from the Reader as they relate to the material covered in class and in the text for the respective week. These papers will be read and evaluated by the class reader, reviewed by the instructor, and will constitute a significant portion of your class evaluation. [Please note: save these papers, and turn them in to the instructor on the last class meeting.]
All students will also be asked to turn in a short paper (4-5 typed pages), reviewing Scitovsky's analysis of our national disdain for culture (pp. 224-247, 258-263, and 275-277). This paper is due the last day of class - that is, before finals week begins.
In addition, students taking 137 will be asked to do one or two papers, totaling approximately ten pages. The topic(s) should be drawn from the journal articles in the Supplemental Reader or American Canvas in addition to the general class reader.
Please note: the quality of writing is important - so much so that reasonable quality writing is a necessary condition to passing the class. To this end students will be asked to turn in a two-page essay dealing with the Orwell paper (in the reader). This essay should review the Orwell piece, adding your own commentary, and should be turned in no later that the third class meeting of the quarter.
A Mid-Term Exam will be given in class following the section on the Performing Arts Firm (format of the mid-term and precise date will be discussed in advance).
The Final Exam for both classes will consist of one of two options:
Option 1. An essay take-home exam, covering the material in the course.Option 2. Perfect class attendance (= all classes but two), as well as a passing grade on the mid-term. Attendance will be taken at almost every class meeting in the form of a brief "attendance quiz" during the last five minutes of class. Students may miss two classes for any reason; students missing more than two classes, for whatever reason, opt for Option 1 above.
Instructor: Menzie Chinn
MWF 9:30 a.m -10:40 a.m.
Kresge 321
e-mail: chinn@cats.ucsc.edu
Economics 100B is a course in intermediate macroeconomic theory and policy analysis. Students should have a familiarity with algebra (solving simultaneous equations). Knowledge of basic calculus (partial and total differentials) and introductory statistics (linear regression) will be helpful, but not required. The main part of the course will focus on the IS-LM framework. However, considerable attention will be devoted to international aspects, such as the trade deficit, international capital flows, and the exchange rate, as well as domestic issues such as inflationary processes.
The textbook is Olivier Blanchard, Macroeconomics, available at the Baytree Bookstore. A small required reader will also be available for purchase at the Copy Center in the Communications Building.
Grading will be based upon four problem sets, a midterm, and a comprehensive final exam.
Instructor: R. E. Grieson
Office: SSI Room 237
Phone: 459-2968
E-mail: grieson@cats.ucsc.edu
Background: The course emphasizes rigorous theory, which is necessary in order to deal with applied and public issues. It is recommended that you review your 100A in preparation for this material, especially utility maximization and its techniques: income and substitution effects, etc. *Will be covered more thoroughly and theoretically than in the text.
Required Text: Neil Bruce, Public Finance and the American Economy, Addison Wesley, 1998.
Roman numerals refer to topics not weeks in the quarter - various topics take more or less than a week to cover.
Instructor: R. E. Grieson
Office: SSI Room 237
Phone: 459-2968
E-mail: grieson@cats.ucsc.edu
This course is an analytical introduction to real estate investment analysis. The course emphasizes the use of financial and economic principles intertwined with some "street smarts" and common sense. Students are assumed to have had Economics 100A.
(This course is not a course on mortgages or mortgage pricing. We will, however, briefly cover mortgages in the context of real estate investment.)
The first few classes are designed to give the student a taste of real estate development by review of some of the players as well as organizational issues in real estate. Thereafter, the course is divided into two main sections.
The first section of this course deals with the tools needed to analyze cash flows and real estate. It is necessary in order to understand the practical application of real estate investment.
The second section of the course looks at three major types of commercial real estate development: Office, Industrial, and Retail. Along the way, we will deal with various issues in Urban Economics including (1) location decisions by households and firms; (2) zoning; (3) property taxes; and (4) the role government plays in shaping urban development. These issues are practical ones facing developers. Depending on the pace of the course, we will also discuss "Trends and Issues," an attempt to look at the "big picture."
A midterm, a final, attendance, and constructive participation. Do all readings before class.
They should be available at the book store. In light of the cost of textbooks, there shall be no reader. Of course, you are responsible for all lecture notes.
Required Text: Professional Real Estate Development, by Richard B. Peiser, Dearborn Financial Press, 1992.
Suggested Reading:
There is no explicit way to make up a missed class. The best alternative is to copy lecture notes from a classmate. Missed classes may affect your participation grade.
The order of lecture topics and their associated reading are as follows: This schedule is only a blueprint and may vary with reality.
Instructor: David Kaun
Wednesday evenings 7:00 - 10:30 PM
Soc Sci I, Room 110
The idea for this course came from my use of film in Economics 180 (Labor Economics) over the past several years. In the class, students were encouraged to select from the many fine films--dealing with labor, union, and discrimination issues--in writing their final paper. The assignment was to apply the alternative paradigms--neo-classical, institutional, and radical/Marxist--which had been developed over the course of the quarter to a specific issue or event. As it turned out, I, along with the students who opted for film, discovered just how rich a resource this was. In addition, I have come to put increasing emphasis on writing in all of my classes. This facet of my teaching, along with the realization about the potential of film, is the primary stimulus for this new course.
This course, designated as a W, will be limited to upper division students who have taken Econ 100 A, 100 B, and by permission of the instructor.
The first two to three weeks of the quarter will be devoted to a review and discussion of the mainstream neoclassical, institutional, and radical/Marxist theories as they relate to the role of unions and the impact of discrimination in the United States labor market. The remainder of the quarter will be devoted to the films. We will focus on one film per week. These will be selected from a broad listing at the start of the quarter..
The primary text for the first part of the course will be Unlevel Playing Fields, by Randy Albelda, Robert Drago, and Steven Shulman ((McGraw-Hill, 1997). In addition, there will be a class reader utilizing several journal articles illustrating the alternative approaches to the issues under discussion. But the primary material will be the seven films that will be selected from among the following: American Dream, Hoffa, The Grapes of Wrath, Norma Rae, On the Waterfront, Roger and Me, 9 to 5, Working Girl, Germinal, Harlan County, How Green Was My Valley, Salt of the Earth, The Big One and The Killing Floor.
During the quarter, students will be asked to write four 4-5 page papers. The first substantive paper will flow out of the theoretical discussion, and there will be at least three other papers (asking students to write on selected films of their choice). This writing will be done in the context of the expectations involved in courses designated as writing intensive (W). During the first week of the quarter, students will be asked the read and comment on (2 pages) a brief news article dealing with writing. This paper will be used to identify those students who might need significant help with their writing, help that should extend beyond the resources of the class itself. I refer here to possible use of campus-wide writing tutors.
The class is scheduled to meet Wednesday evenings (7-10:30) in Social Science 1, room 110. This course was offered for the first time last year. Students were unanimous in the appreciation for the kinds of information and understanding that can come from film that simply is not available in traditional course materials.
Instructor: Menzie Chinn
MWF 2:00 p.m.-3:10 p.m.
Soc Sci 2, Room 137
e-mail: chinn@cats.ucsc.edu
Economics 249A is a course that will focus on international finance. Students should have a good knowledge of closed and open economy macroeconomics and introductory econometrics (linear regression). The course will cover some issues familiar from Economics 141, but will focus much more on the financial issues. Attention will be devoted to exchange rate determination, the structure of the eurocurrency and eurobond markets, the role of derivatives (forwards, futures, options, and swaps), and asset management in the global capital market.
The textbook is Richard Levich, International Financial Markets: Prices and Policies (Irwin/McGraw-Hill), available at the Baytree Bookstore. A small required reader will also be available for purchase at the Copy Center in the Communications Building. A subscription to either the Wall Street Journal, New York Times, Financial Times, or the Economist will be very helpful.
Grading will be based upon four problem sets, a midterm exam, and a comprehensive final exam.