| Course Number |
Course Title (Hours) |
Course Description |
| ECON 101 |
Principles of Macroeconomics (3) |
Macroeconomics is a social science that studies the determination of national income and the dynamic forces that change society's material well-being. This course focuses on theory and evidence concerning the general level of employment, production and prices. Particular attention is devoted to government fiscal and monetary policies and their impact on the economic system. Topics include an introduction to money and the financial sector as well as the role of the international sector. This course satisfies a general education requirement in social science. |
| ECON 102 |
Principles of Microeconomics (3) |
Markets are among the oldest social institutions known to man. Microeconomics is a social science that studies the dynamics of individual markets and prices. This course focuses on the behavior of producers and consumers and the interdependence in the market process. It pays particular attention to the structure and evolution of competitive markets. This course satisfies a general education requirement in social science. Economics 101 is not a prerequisite for Economics 102. |
| ECON 300 |
Regression Analysis (3) |
This is a second course in applied statistics for students in economics and other social sciences, business administration, mathematics or natural sciences. Topics include simple and multiple regression analysis, extensions of the classical regression model, and problems associated with forecasting. Assigned work exposes students to problems from a wide range of applications. This course includes introduction to the LIMDEP statistical package and experiments involving a variety of real world data sets. Prerequisite: Quantitative Methods 227 or equivalent statistics course. Offered alternate fall semesters. |
| ECON 309 |
Economic History of the United States (3) |
American history offers important lessons about the forces that have shaped our economic prosperity and the importance they hold for our future. This course studies the manner in which currents of politics, demography, social institutions and government policy have combined to shape this country's economic fortunes. In recent years, economists have applied traditional tools of social science research to analyze America's economic past. This course includes coverage of the "new" economic history and current developments in this field. Prerequisites: Economics 101 or 102. Offered periodically. |
| ECON 345 |
Intermediate Microeconomics (3) |
Microeconomics provides the foundation for logical and disciplined reasoning in virtually every aspect of economics. This course is a rigorous introduction to the behavior of buyers and producers and their interaction in the market. Topics include theories of rational choice, principles of production and the economic costs of production. In addition, attention is devoted to the nature of competitive and monopoly markets, and markets for factors of production. In each area, the course emphasizes the principles of economic efficiency and the concept of economic welfare. Prerequisites: Economics 101 and 102 and Math 134 or higher. Offered alternate fall semesters. |
| ECON 346 |
Intermediate Macroeconomics (3) |
Macroeconomics is the study of the economy as a whole. This course analyzes the factors determining the growth in income, changes in prices and the rate of unemployment. As appropriate, the course makes use of models suited to the long run and the short run and models of both open and closed economies. Prerequisites: Economics 101 and 102. Offered alternate spring semesters. |
| ECON 372 |
Money and Banking (3) |
Analyzes the monetary system and the operational and functional characteristics of the Federal Reserve along with other depository and nondepository institutions. Prerequisites: Economics 101 and 102. (Same as Finance 372.) Offered alternate spring semesters. |
| ECON 380/480 |
Special Topics in Economics (3) |
Objectives are to cover topics not included in other courses, to give greater depth in certain areas and to explore current economic topics. The topic will vary each offering. Prerequisites: Economics 101 and 102. Offered periodically. |
| ECON 381 |
Economics of Public Policy (3) |
Uses the normative standards of efficiency, equity and freedom to evaluate various public policies. The policies discussed include policies toward agriculture, housing, the environment, market power, income distribution, taxation and economic growth. Prerequisites: Economics 101 and 102. Offered alternate fall semesters. |
| ECON 395/495 |
Independent Study (1-3) |
Independent research in economics conducted under faculty supervision. Prerequisite: Permission of instructor. |
| ECON 400 |
Econometrics (3) |
This course is a continuation of Economics 300. It is an introductory treatment of econometric techniques and their application to business and social science research. Topics include general linear regression, nonlinear regression, simultaneous equation models and models with limited dependent variables. This course is based on a series of experiments using real world databases and the LIMDEP statistical package. Prerequisite: Economics 300 and QM 227 or equivalent statistics course. Offered periodically. |
| ECON 425 |
International Economics (3) |
Analyzes theories and empirical foundations of international trade and factor movement, trade barriers, international monetary relations, foreign exchange systems, balance of payments and current international economic problems. Prerequisite: Economics 101 and 102. Offered alternate spring semestrs. |
| ECON 426 |
International Finance (3) |
Analyzes foreign exchange, currency futures and options markets. Aspects of international banking, bond and equity markets are examined from the perspective of multinational corporations and institutions. Prerequisites: Accounting 210, Economics 101, 102, Finance 361. (Same as Finance 426.) |
| ECON 470 |
Development of Economic Thought (3) |
Surveys the range of economic ideas from ancient times to the present. As in other seminars, the student is responsible for substantial research and presentation of his/her ideas. Prerequisites: Economics 101 and 102. Offered alternate years. (Some students will complete this senior seminar requirement during their junior year.) |