Economics (ECON)
100 American Enterprise System (3 - Fall) An introductory elective course
designed to acquaint students with the various aspects of the U.S. economy,
including the free enterprise system, economic issues of public concern,
government functions and policies in a market economy, and the importance of the
evolving global economy.
201 Principles of Macroeconomics (3 - Fall & Spring) An
introduction to the economic problem, the basics of supply and demand, national
income accounting, fiscal and monetary policy, and other topics. Coreq: A
college level math course.
202 Principles of Microeconomics (3 - Fall & Spring)
An in-depth analysis of supply and demand, the economics of production and cost,
and analysis of firm behavior in various market models, resource markets and the
international economy, and other topics. Coreq: A college level math course.
311 Intermediate Microeconomic Theory (3 - Fall) An in-depth analysis of
supply and demand and their elasticities, the allocation of resources and price
determination in various market models, an analysis of consumption and marginal
utility and other topics. Prereq: ECON 201-202.
312 Macroeconomic
Theory (3 - Spring) A thorough analysis of aggregate demand, output, the level of
employment, the price level, national income accounting and economic growth.
Comparison of classical, Keynesian, and other approaches to the employment
problem. Prereq: ECON 201-202.
321 International Economics (3 - Spring) An
introduction to basic theories of international trade. World trade and economic
growth, world trade and income distribution, basic rationale for free trade and
trade protection, national policies affecting international trade, trade
agreements, international cartels, international trade accounts, and foreign
exchange. Prereq: ECON 201-202.
322 Economic Development (3 - Fall) The
basic theories of economic development. Overview of world economic development
in a historical perspective. Macroeconomic trade and government policies that
have influenced international economic growth. International financial
assistance to the developing world and its results. Prereq: ECON 201-202.
331 Money and Banking (3 - Spring) Nature and functions of money, role of
commercial banks in the monetary and economic system, structure and function of
the Federal Reserve System, monetary operations of the treasury, relationship
between money and economic activity. Prereq: ECON 201-202.
333
International Business (3 - Spring, Odd Numbered Years) The domestic and international dimensions of the
relationships among private enterprises, governments, and individuals in a
changing world. Exploration of the role of governments in maintaining
environments conducive to private enterprise including multinational businesses
as well as the danger of business concentration both domestic and international.
Prereq: ECON 201-202.
335 Public Finance (3 - Spring, Even Numbered Years) Public expenditures,
federal and state revenue systems, budgeting and public debt management. Prereq:
ECON 201-202.
351 Business Forecasting (3 - Spring, Odd Numbered Years) Study of the factors
contributing to business fluctuations. A survey of the possible techniques used
to analyze current conditions and to forecast future levels of activity as well
as applications of selected forecasting models. Prereq: ECON 201-202.
411 Managerial Economics (3 - Fall & Spring) Application of economic theory to
business decision making: emphasis on profit objectives, measurement and
forecasting demands and costs. Some attention given to capital budgeting.
Prereq: ECON 311 and MATH 210.
416 Development of Economic Thought
(3 - Fall, Odd Numbered Years) An analysis of the origin and development of economic thought beginning
with the traditional and premarket economies and continuing through
mercantilism, capitalism, socialism, and the mixed economies of the twentieth
century. Prereq: ECON 201-202.
417 Market Structures (3 - Fall, Odd Numbered Years) An
analysis of monopoly and competition in market economies and the
interrelationships of market structure, business behavior, and economic
performance. Prereq: ECON 201-202 and ECON 311.
471-79 Topics in
Economics (3 - ?) Selected topics in economics offered on an occasional basis
for qualified students. Admission by permission of instructor only.
480 Internships in Economics (3-9 - Fall & Spring) Supervised work experience in
business establishments, institutions, or other organizations matched to the
student's curriculum. Prereq: Senior standing or the chair's approval.
491-492 Independent Study in Economics (3, 3 - Fall, Spring) Special research
projects undertaken individually under the supervision of the faculty. Maximum
credit available for independent study courses is six hours. Prereq: Senior
standing.
710 Managerial Economics (3 - Fall) Applications of economic
theory, management problems from an economic point of view using decision-making
tools in managing enterprises.
711 Economics for Secondary Teachers
(1-3 - ?) Presentation and analytical application of economic concepts with
emphasis on methods of relating the concepts to students in grades 9-12. May be
repeated for a maximum of three semester hours. May not be counted toward MBA or
MAc degree requirements.
712 Economics for Elementary Teachers
(1-3 - ?) Presentation and analytical application of economic concepts with
emphasis on methods of relating the concepts to students in grades K-8. May be
repeated for credit for a maximum of three semester hours. May not be counted
toward MBA or MAc degree requirements.
713 Selected Topics in
Economics (1-6 - ?) The study of specific topics in economics. Topics and
prerequisites to be announced. May be repeated for a maximum of 6 semester
hours. May not be counted toward MBA or MAc degree requirements.
720
International Business and Economics (3 - Spring) The function, purpose and role of
business in an international economics context. Included are multi-national
firms, international monetary system, balance of payments, government
regulations affecting international trade, foreign exchange markets.