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1301
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91
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Introduction to Economics (3-3-0)
Prerequisite: ENG 1301.
Combines microeconomics and macroeconomics in one semester. A non-technical examination of economic theories, programs, and policies. The primary objective in this course is to develop an interest and appreciation for the relevance of economic analysis. |
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2301
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Principles of Economics I (3-3-0)
Prerequisite: MATH 1301 or MATH 1310.
Principles of macro-economics. Topics include structure of the U.S. economy, national income determination and the application of monetary and fiscal policies. Also includes analysis of international trade and finance. |
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2302
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Principles of Economics II (3-3-0)
Prerequisite: MATH 1301 or MATH 1310.
Principles of micro-economics, with major emphasis on price and income distribution theory. Topics include demand theory, competition, oligopoly and monopoly, marginal productivity theory, international trade, and international finance. (ECON 2302) |
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3301
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Natural Resources and Environmental Economics(3-3-0)
Prerequisites: ECO 2302 and junior standing.
The economics of non-renewable resource extraction, the economics of pollution control, the application of cost-benefit analysis to the environment and the economics of sustainable development. |
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3302
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92
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Managerial Economics (3-3-0)
Prerequisites: ECO 2302 and junior standing.
Application of micro-economic theory to important business decision-making. Analytical methods in production, cost, demand, marketing and pricing. Regression analysis applied to test and to estimate empirical models. |
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3303
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Economics of Industrial Organization (3-3-0)
Prerequisites: ECO 2302 and junior standing.
A survey of market structures and market performance as well as the role of government regulations and antitrust policy in different sections of the economy. Emphasis is placed on methods and techniques used in measuring market structures and performance. Public regulation is considered in both theory and practice. |
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3305
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Economics of Government Finance (3-3-0)
Prerequisites: ECO 2301, ECO 2302 and junior standing.
This course emphasizes the theories and techniques which enable students to evaluate the role of government in modern economy more objectively. The course reviews theories of public expenditures and taxation. It also critically evaluates major U.S. government expenditure programs and tax policies. |
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3307
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Intermediate Macroeconomics (3-3-0)
Prerequisite: ECO 2301.
In depth and comprehensive analysis of macroeconomic theories and policies with real world applications. Alternative theories are evaluated using the IS/LM and the AD/AS models. The policy differences of these theories are critically examined. Topics include Business cycles, unemployment, inflation, interest rates, deficits and debts, economic growth, and Monetary and fiscal policies. Macroeconomic issues in the context of today’s global economy are also explored. |
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3309
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Intermediate Microeconomics (3-3-0)
Prerequisite: ECO 2302.
Comprehensive analysis of micro economic theories, policies, and applications will be undertaken. Topics include an analysis of the market system, marginal analysis and optimization behavior, consumer choice, production and cost, market structure models, resource markets, externalities, public choice, distribution theories and welfare economics. |
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3310
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Current Economic Issues (3-2-0)
This course surveys current economic issues facing the U.S. and the World. It achieves this objective by discussing policy options and analyzing their implications. Issues to be covered include pollution and environment, inflation and unemployment, poverty, crime, education, health care, global interdependence, and others which arise from time to time. (Students may receive 3 hours credit with approval of department chair.) |
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3399
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Directed Studies in Economics (3-0-0)
Prerequisite: Approval of department chair and dean.
Selected topics in economics; intensive individual study under the guidance of a member of the economics faculty. |
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4301
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Business Fluctuations and Forecasting (3-3-0)
Prerequisites: ECO 2301, Grade of C or better in MATH 3309 and junior standing.
Combines macro-economic theory and quantitative methods to develop an understanding of the causes of business cycles. Use of economic indicators, time series analysis and multiple regression analysis with macro-economic data sets with appropriate computer software to model and forecast economic activity. |
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4303
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International Economics (3-3-0)
Prerequisites: ECO 2301, ECO 2302 and junior standing.
This course focuses on the principles of foreign trade and covers theories concerning the reasons for trade. The course examines the monetary and real aspects of international trade and includes analysis of foreign exchange markets and balance of payments problems. |
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4307
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Health Economics
Prerequisites: ECO 2302, and junior standing.
A study of demand and supply in the medical services industry. Specific issues include markets for medical education, health insurance, hospital care, physicians and nurses. The role of government in health and medical care such as medicare, medicaid and national health insurance is discussed. |
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4309
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Economic Development
Prerequisites: ECO 2301 and junior standing.
Examines economic development theories, policies and practices of developing countries with particular emphasis given on the nature, causes and possible solutions to the problems of developing countries. Also examines the relationship between developed and developing countries in such areas as trade, capital flows, and labor migration. |
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