ECON101: Principles of Economics: Macro

A study of the American economy, analytically and institutionally; the achievement of an optimal allocation of resources, price stability, full employment level of national income and long term growth. Meets Gen Ed 2002 - Social Science, Social Science. Meets the 1983 General Education Requirement (GER) - Social Science, Survey Course. 3 sh.

ECON102: Principles of Economics: Micro

Organization and operation of the American economy for the production and distribution of goods and services. Pricing of products and factors of production in market situations varying from competition to monopoly. Resource allocation, price determination and behavior of the firm in the determination of quantity of output and the hiring of factors of production. Meets Gen Ed 2002 - Social Science, Social Science. Meets the 1983 General Education Requirement (GER) - Social Science, Survey Course. 3 sh.

ECON207: Intermediate Microeconomic Analysis

The basic determinants of market demand. Input-output relationships in determining cost structure. Determination of prices received by resource owners in the productive process. Theory of the firm and pricing in different types of market organization with varying degrees of competitive conditions. 3 sh.

Prerequisites: ECON 101 and 102.

ECON208: Intermediate Macroeconomic Analysis

The factors comprising aggregate demand and how they interact to determine the level of employment, output and the price level; the role of monetary and fiscal policy. 3 sh.

Prerequisites: ECON 101 and 102.

ECON300: World Resources and Industries

Distribution, flow and consumption of mineral resources. Political, economic and social implications of the geography of resources. Basic studies in industrial location, agricultural land use, problems of economic development and population-resource ratios. Examines world trend in production controls and market allocations. Cross listed with Earth and Environmental Studies, EUGS300. 3 sh.

Prerequisites: ECON 101 or EUGS 101 or EUGS 102.

ECON301: Money and Banking

An analysis of the economic role of money and credit in our economy with primary emphasis on federal reserve and treasury operations. 3 sh.

Prerequisites: ECON 101 and 102.

ECON303: Economic Growth and Development

Problems of hastening the growth of countries with low incomes per person; the requisites for the economic development, the obstacles to such development, the strategy and tactics of development and aid for development. Meets the 1983 General Education Requirement (GER) - Social Science, Non-Western Cultural Perspectives. 3 sh.

Prerequisites: ECON 207.

ECON304: Public Policies Toward Business

The economic organization of particular American industries. U.S. policy toward competition, monopoly and bigness in business. Government control of public utilities, transportation, radio and television broadcasting. 3 sh.

Prerequisites: ECON 207 or 206.

ECON308: Public Finance

The impact of governmental expenditures, taxes and debt operation on resource allocation, income distribution, economic stabilization and economic growth. 3 sh.

Prerequisites: ECON 207 or 206.

ECON310: Urban and Regional Economics

The underlying economic forces operating in the urban economy development of the urban economic unit, relationship of the urban economy to the regional and national economy, economic activity within the urban area and the public sector of the urban economy. 3 sh.

Prerequisites: ECON 207 or 206.

ECON311: Labor Economics

The determinants of wages in the organized and unorganized markets; a historical survey and analysis of the principal institutions and central processes in the labor and manpower areas; an examination of current issues in labor relations. 3 sh.

Prerequisites: ECON 207 or 206.

ECON314: Development of Economic Thought

Broadening and improving the command of modern economic theory by examining the outstanding contributors to economic thought over the past two centuries. 3 sh.

Prerequisites: ECON 101 and 102.

ECON401: Financial Institutions

The structure and operation of financial institutions, their role in the economy and in the money and capital markets. The techniques and objectives of monetary policy and its effect on financial institutions. 3 sh.

Prerequisites: ECON 208 or 301.

ECON402: International Economics

The how, why and consequences of the movement of goods, services and factors of production in international exchange and an examination of the financial arrangements used to facilitate trade. 3 sh.

Prerequisites: ECON 101 and 102.

ECON403: Comparative Economic Systems

The economic systems of planned and mixed economies with special emphasis on the Soviet Union, China, the United Kingdom, the Scandinavian countries and the United States. Meets the 1983 General Education Requirement (GER) - Social Science, Topic Course. 3 sh.

Prerequisites: ECON 101 and ECON 102.

ECON404: Interdependence in the Global Economy

This course is a one semester introduction to the challenges and opportunities created by the increasing interdependence in the world economy. The emphasis is on empirical explorations of the implications of the core theories of international trade and finance for the U.S. consumer, entrepreneur and policymaker. In addition, some of the current economic issues flowing from our global linkages are examined with a view to assessing the propriety of the fiscal and monetary response. 3 sh.

Prerequisites: ECON 402.

ECON407: Economics of Industrial Organization

The causes and effects of structure, size and concentration on competition and market prices. 3 sh.

Prerequisites: ECON 207 or 206.

ECON410: Computer Applications in Economics and Finance

This course is designed to use computer concepts in the context of economics and finance applications. Empirical and theoretical aspects of economics and finance are studied. Computer applications are covered in statistics and econometrics, cost-benefit analysis, decision-making, portfolio analysis, input-output economics, and the simulation of economic and financial models. Students apply programming concepts, as well as use existing software. Cross listed with FINC 410. 3 sh.

Prerequisites: ECON 207 or 208 or FINC 321.

ECON417: Mathematical Economics

Formulation of economic theory in mathematical language. Application of mathematical methods to economic theory and to the derivation of theoretical conclusions. 3 sh.

Prerequisites: ECON 207 or ECON 206 and 208.

ECON419: Economics Of Energy And Environmental Policy

An examination of the economic, technological, and environmental dimensions of energy policy choices. Emphasis is given to the linkages among various economic models, elementary principles of energy storage and conversion, and specific energy technologies as they apply to past and current energy policy alternatives. 3 sh.

Prerequisites: ECON 207 or 206.

ECON420: Econometrics

An introduction to the techniques of applied economic (social science) research. Examination of the tools necessary for applied economic research and methods for dealing with certain problems inherent in economic data. The primary emphasis will be on the application of the techniques to economic data. 3 sh.

Prerequisites: ECON 101, and ECON 102, and ECON 203, or INFO 270, or INFO 271.

ECON438: Advanced Seminar in Economics

A seminar designed to integrate economic theory, quantitative tools, and institutional knowledge in a series of applied issues. Students are required to undertake a number of specific oral and written projects that describe their understanding of key elements within the discipline. This course serves as a capstone for Economics students. Meets the University Writing Requirement for BAEC, ECBE, ECOE and ECON majors. 3 sh.

Prerequisites: ECON 206 or ECON 207; ECON 208; INFO 270; seniors only; ECON, ECBE, ECOE and BAEC majors only.

ECON439: Advanced Seminar in Economics: Honors I

Define the scope and methodology of the honor project through the presentation of a thesis prospectus. This process will involve preparation of a review of the relevant research literature, specification of an appropriate research methodology, gathering and testing of preliminary data where appropriate, as well as submission of the thesis prospectus to the departmental honors committee. 3 sh.

Prerequisites: Departmental approval.

ECON440: Advanced Seminar in Economics: Honors II

Student will complete all appropriate quantitative and qualitative analysis of Seminar in Economics Honors I as well as prepare a summary and interpretation of their findings. Through discussion of findings, faculty and student will make suggestions for any additional analysis or revisions to be undertaken. 3 sh.

Prerequisites: ECON 439.