|
Courses in Economics
ECON 105:Economic Principles (3) - Each Semester
A single-semester, non-mathematical introduction to economics designed for students who do not expect to major in the Department on Business and Economics; satisfies three hours of the nine-hour social science requirement in the General Education Core of the College.
Topics include fundamental concepts of economics; principles of free enterprise and capitalism; prices in a market economy; the market model of supply and demand; the distribution of income in the United States; the circular flow of income and expenditures; macroeconomic policy goals; fiscal and monetary policy; the role of government in the economy.
ECON 205:Microeconomic Principles (3) - Each Semester
Prerequisite: MATH 101 or higher
An introduction to microeconomic theory; satisfies three hours of the 9-hour social science requirement in the General Education Core of the College. Students may receive credit for both ECON 105 and ECON 205, but may not substitute ECON 105 in lieu of ECON 205.
Topics include fundamental concepts of economics; prices in a market economy; the market model of supply and demand; comparative advantage and exchange; competition, prices, and supply decisions; the distribution of income through profits, interest, rents, and wages; and government's role in the economy.
ECON 206:Macroeconomic Principles (3) - Each Semester
Prerequisite: MATH 101 or higher and ECON 205
An introduction to macroeconomic theory, satisfies three hours of the nine-hour social science requirement in the General Education Core of the College. Students may receive credit for both ECON 105 and ECON 206, but may not substitute ECON 105 in lieu of ECON 206.
Topics include the circular flow of income and expenditures; aggregate supply and demand; economic stability, growth, and recession; supply and demand for money; fiscal and monetary policy; and demand- and supply-side views of the economy.
ECON 255: Basic Economics and Financial Concepts (3)
This course is for students interested in economic education at the K-12 level. All course topics will help prepare students for future classroom dealings with economics and other issues. The class will include lessons on basic economics and finance as well as many planned activities, which will help students implement this knowledge in the classroom.
Some of the topics include economic terms such as opportunity coast and inflation, entrepreneurship, stock market and the U.S. economy.
ECON 295, 296: Special Topics (1-3, 1-3)
ECON 305: Intermediate Microeconomics (3) - Each Fall
Prerequisite: ECON 205
A study of microeconomic theory. Topics include utility and consumer demand theory; cost and production theory; markets, competition, and price searching; and the supply and demand for labor and capital.
ECON 306: Intermediate Macroeconomics (3) - Each Spring
Prerequisite: ECON 206
A study of macroeconomic theory. Topics include national income accounting; the IS-LM model; models of aggregate supply and demand; inflation; macroeconomic policy debates; models of consumption, investment, money and labor with implications for macro models.
ECON 310: Money, Banking, and Financial Markets (3) -Fall
Prerequisite: ECON 205 & 206
A study of money, central banking, and financial markets. Topics include the Federal Reserve, commercial banking and deposit creation; financial intermediaries and regulation; the Fed and monetary control; financial markets and interest rates; and topics in international finance.
ECON 311: Economics of the Public Sector (3) - Fall
Prerequisite:ECON 105 or ECON 205
A study of the role of government in the US economy. Topics include externalities and market failure; public goods and collective choice; federal expenditures and tax policy; entitlement programs; and regulatory activities.
ECON 312: International Trade and Policy Issues (3) - Spring
Prerequisite: ECON 205
An introduction to the economic theory, history, institutions, and policies of international trade. Topics include mercantilism, classical comparative advantage, contemporary economic theories of international trade, tariffs and protection, and an introduction to international balance of payments.
ECON 315: Managerial Economics (3)
Prerequisite: ECON 305, BUAD 325, and BUAD 112
An introduction to managerial decision making under uncertainty using principles of economics and decision science. Managerial problem solving using computer spreadsheet analysis is a central part of the course.
ECON 325: Economics of Development and Growth (3) - Fall
Prerequisite: ECON 205 & 206
A study of economic development theory. Economic theories of development in developing countries and theories of regional growth within developed countries are compared in the context of the US and world experience.
ECON 387, 388: Cooperative Education Project (1-6, 1-6)
Students can obtain information from the Department Chair.
ECON 395, 396: Special Topics (1-3, 1-3)
ECON 410: History of Economic Thought (3)
Prerequisite: ECON 205 and ECON 206
A review of the evolution of economic thought and theory. The course traces the development of economic science from ancient times to the present, highlighting people who made important contributions, their lives, and the social contest that shaped their economic ideas.
ECON 411: Public Finance (3)
Prerequisite: ECON 311
A study of the economic consequences of alternative expenditure and financing schemes for government. Topics include principles of federal, state, and local government finance; taxation and efficiency; taxation and income distribution; alternatives to taxation; and alternative tax bases.
ECON 420: International Finance (3) - Fall
Prerequisite: ECON 206 and ECON 312
A study of the international monetary system and its relationship to US trade and monetary policy. Topics include the foreign exchange market and exchange rate determination; the balance of payments; alternative exchange rate systems; and domestic monetary and fiscal policy in an open economy.
ECON 487, 488: Cooperative Education Project II (1-6, 1-6)
Students can obtain information from the Department Chair.
ECON 495, 496: Special Topics (1-3, 1-3)
ECON 497: Individual Research (1-3)
| 
- 
