Craig Marcott

Associate Professor
Degree
B.S. University of Minnesota
M.S., Ph.D., Purdue University, 1983
Office
OEC 432
Phone
(651) 962-5685
Fax
(651) 962-5682
Mail
Mail 4219
2115 Summit Avenue
Saint Paul, MN 55105

At St. Thomas since 1982

Microeconomics, welfare economics

Fall 2014 Courses

Fall 2014 Courses
Course - Section Title Days Time Location
ECON 251 - 13 Prin of Macroeconomics - T - R - - - 1330 - 1510 OEC 310
CRN: 42510 4 Credit Hours Instructor: Craig S. Marcott An introduction to macroeconomics: national income analysis, unemployment, price stability, and growth; monetary and fiscal policies; international trade and finance; application of economic theory to current problems. Students who enroll in this course are expected to be able to use high-school algebra. This course fulfills the Social Analysis requirement in the core curriculum.

Schedule Details

Location Time Day(s)
ECON 251 - 15 Prin of Macroeconomics - T - R - - - 1525 - 1700 OEC 310
CRN: 41108 4 Credit Hours Instructor: Craig S. Marcott An introduction to macroeconomics: national income analysis, unemployment, price stability, and growth; monetary and fiscal policies; international trade and finance; application of economic theory to current problems. Students who enroll in this course are expected to be able to use high-school algebra. This course fulfills the Social Analysis requirement in the core curriculum.

Schedule Details

Location Time Day(s)
ECON 352 - 02 Microeconomic Theory M - W - - - - 1335 - 1510 OEC 454
CRN: 42517 4 Credit Hours Instructor: Craig S. Marcott Analysis of consumer behavior and demand theory; theory of production and costs; analysis of the firm and industry under various market structures; factor pricing; general equilibrium. Selected additional topics such as market failure, economics of information, welfare economics, income distribution. Prerequisites: ECON 251, 252 and MATH 109 or 111 or 113 or equivalent.

Schedule Details

Location Time Day(s)

J-Term 2015 Courses

J-Term 2015 Courses
Course - Section Title Days Time Location

Spring 2015 Courses

Spring 2015 Courses
Course - Section Title Days Time Location
ECON 252 - 05 Prin of Microeconomics M - W - F - - 1215 - 1320 OEC 207
CRN: 20078 4 Credit Hours Instructor: Craig S. Marcott An introduction to microeconomics: theory of household (consumer) behavior, theory of the firm, market structures, market failures, economic efficiency, factor markets, and income distribution. Students who enroll in this course are expected to be able to use high-school algebra. This course fulfills the Social Analysis requirement in the core curriculum.

Schedule Details

Location Time Day(s)
ECON 252 - 07 Prin of Microeconomics M - W - F - - 1335 - 1440 OEC 207
CRN: 20080 4 Credit Hours Instructor: Craig S. Marcott An introduction to microeconomics: theory of household (consumer) behavior, theory of the firm, market structures, market failures, economic efficiency, factor markets, and income distribution. Students who enroll in this course are expected to be able to use high-school algebra. This course fulfills the Social Analysis requirement in the core curriculum.

Schedule Details

Location Time Day(s)
ECON 355 - 02 Game Theory M - W - F - - 0815 - 0920 OEC 305
CRN: 20770 4 Credit Hours Instructor: Craig S. Marcott Game theory seeks to explain how rational people make decisions when outcomes are mutually interdependent. This course introduces the methods of game theory from a historical perspective with primary emphasis on applications to economics. Applications to the other social sciences, business and biology are also considered. Topics covered include: normal and extensive forms of games, strict and weak dominance, sub-game perfections, pure and mixed strategies, Nash equilibrium, bargaining, oligopoly, New Keynesian and Classical Economics, trade policy, environmental economics and conflict resolution. Prerequisites: ECON 251 and 252, plus completion of the core curriculum mathematics requirement.

Schedule Details

Location Time Day(s)