Economics Courses

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Economics Course Descriptions & Prerequisites 2012-2015

ECON 1100 Economics of Social Problems (Core)
An introduction to the methods and theories of economics.  The course will introduce students to the analysis of complex economic and social issues within a logical framework using the basic tools of economic theory.  Market efficiencies and market failures will be discussed in the contact of the role of government and potential solutions will be explored.  Credit 1.  Prerequisite:  None

ECON 2300 (ECO 230) Introduction to Economics.  (Core)
[TCCN: ECON 1301] A combination of micro-economic and macro-economic principles. Designed for those who are neither majors nor minors in economics, but who would benefit from a one-semester introduction to economic principles. Credit 3. (Taught each semester.) No credit given for ECON 2300 if ECON 2302 or ECON 2301 previously completed.   Prerequisite:  None

ECON 2301 (ECO 234) Principles of Macroeconomics.  (Core)
[TCCN: ECON 2301] The economic role of government, public finance and taxation, unemployment and inflation, national income theory, money and banking, economic fluctuations and growth, and international trade and finance. Credit 3. (Taught each semester.)  Prerequisite:  None

ECON 2302 (ECO 233) Principles of Microeconomics.  (Core)
[TCCN: ECON 2302] Basic economic principles including individual decision making, price theory, analysis of the firm, competition and monopoly, and the distribution of income. Credit 3. (Taught each semester.)  Prerequisite:  None

ECON 3341(ECO 335) Comparative Economics Systems.
Market oriented, free enterprise capitalism, and its development, compared with alternative economic systems. Credit 3. (Taught every third long semester.)
Prerequisite: 50 Completed Hours; ECON 2300 or ECON 2301 or ECON 2302.

ECON 3344 (ECO 374) Contemporary International Issues in Economics.
Examination of current literature dealing with international trade and financial issues. Preparation, presentation and discussion of descriptive and analytical papers. Credit 3. (Taught each semester.)
Prerequisite: 50 Completed Hours; ECON 2300 or ECON 2301 or ECON 2302. 

ECON 3351 (ECO 361) Labor Economics.
Problems of unemployment, wage theory, collective bargaining, labor legislation, and proposals for the solution of labor problems. The recent problems of labor are given special consideration. Credit 3. (Taught each semester)
Prerequisite: 50 Completed Hours; ECON 2300 or ECON 2302 or ECON 2302 & BANA 2372.

ECON 3352 (ECO365) Energy and Environmental Economics.
An examination of how human values, activities, and institutions affect the environment and how the tools of economics can be used to evaluate public policy alternatives designed to improve the quality of the environment. Credit 3. (Taught only in fall semester).
Prerequisite: 50 Completed Hours; ECON 2300 or ECON 2301 or ECON 2302. 

ECON 3357 (ECO 367) Intermediate Microeconomics.Pricing and output policies of firms, resource pricing, and distribution under condition of perfect competition, monopoly, oligopoly, and monopolistic competition. Credit 3. (Taught in fall, spring, and SI.) 
Prerequisite: 50 Completed Hours; ECON 2302 & BANA 2372.

ECON 3370 (ECO 370) Economics of Business and Government.
A study of the complex relationship between the business sector and the public sector in the United States and in the global marketplace. Topics will include the regulation of business in its various formats and the promotion of business nationally and internationally. Credit 3. (Taught only in the spring semester).
Prerequisite: 50 Completed Hours; ECON 2300 or ECON 2301 or ECON 2302

ECON 3372 (ECO 362) Intermediate Macroeconomics.
National income concepts and measurements; analysis of the factors influencing the level of national income, employment, price, and production; and application to current problems. Credit 3. (Taught in fall, spring, and SI.)  
Prerequisite: 50 Completed Hours; ECON 2301 & BANA 2372. 

ECON 3373 (ECO 363) Urban and Regional Economics.
Economic problems of metropolitan and rural areas, location theory, regional resources, transportation problems, crime, and poverty. Credit 3. (Taught only in the fall.)
Prerequisite: 50 Completed Hours; ECON 2300 or ECON 2301 or ECON 2302

ECON 3374 (ECO 364) Economics of Public Finance & Public Policy.The function of government in the marketplace with emphasis on public goods, externalities, taxation, fiscal federalism, and cost-benefit analysis. Credit 3.
Prerequisites:  50 Completed Hours; ECON 2300 or ECON 2301 or ECON 2302.

ECON 4080 (ECO 430) Readings in Economics.
Individual study arranged with a member of the Economics and Business Analysis faculty. Conferences and written reports are typically required. A carefully prepared research paper concludes the course. This course may be taken for Academic Distinction Program Credit and can be used for Internship credit. This course may be repeated. Credit 1, 2, or 3.
Prerequisite: 50 Completed Hours; Department Approval. 

ECON 4340 (ECO 480) International Economics.
Economic concepts and analytical tools relating to international economics; examine foreign exchange markets and the theory of balance-of-payments adjustment; examine commercial policy as it relates to international trade; examine the role of international financial institutions. Credit 3. (Taught only in the spring). Prerequisite: 50 Completed Hours; ECON 2300 or ECON 2301 or ECON 2302

ECON 4348 (ECO 468) Economic Development.
Theoretical explanations and historical factors of economic development and underdevelopment. Policies for accelerating development in third world countries are analyzed. Credit 3.  
Prerequisite: 50 Completed Hours; ECON 2301 & ECON 2302 & BANA 2372. 

ECON 4350 Health Economics and Finances.
Examines the economics and financing of health care markets.  Topics include insurance plans, physician payment methods, hospital financing, and international comparisons of health systems.  Special Emphasis will be placed on potential market failures and government policies to address them.  Credit 3. 
Prerequisite:  50 Completed Hours; ECON 2300 or ECON 2301 or Departmental Approval.

ECON 4353 (473) Economics of Sports.
Application of economic principles to sport. Economic aspects of sports include: demand and supply, advertising, team output decisions, league/conference organization role of government. Credit 3. Prerequisite: 50 Completed Hours; ECON 2300 or ECON 2301 or ECON 2302

ECON 4357 (ECO 467) Managerial Economics.
An integration of economic tools of analysis with optimization techniques such as calculus, LaGrangian multipliers and linear programming. Additional topics include risk analysis and decision-making under uncertainty, inventory control, profitability analysis, and capital budgeting. Credit 3. (Taught in fall, spring, and SII.)
Prerequisites: 50 Completed Hours; ECON 2301 & ECON 2302, & BANA 3363, and FINC 3320.

ECON 4360 (ECO 460) International Field Studies in Economics.
Study of economic policy, institutions, firms, and consumer behavior of the host country in a Study Abroad Program.
Prerequisites:  50 Completed Hours; ECON 2300 & ECON 2301 & 2302 and Department Approval.

ECON 4365 (ECO 465) Introduction to Business Forecasting and Econometrics.
The application of statistical methods for business and economic forecasting and for hypothesis testing, estimation, and analyzing economic data. Credit 3.
Prerequisites:  50 Completed Hours; ECON 2301 & ECON 2302 & BANA 3363.

ECON 4373 (ECO 463) Monetary Economics.
The role of money in a market economy with special attention given to national and international monetary and banking systems, and to their influence on the levels of income, employment, and, and international capital movements. Credit 3. (Taught only in the fall.)
Prerequisite:  50 Completed Hours; ECON 2300 or ECON 2301 or ECON 2302 & BANA 2372.

ECON 4389 (ECO 499) Internship.
This course is designed to provide the student an opportunity to apply academic skills in a practical work environment under the supervision and guidance of a working professional. Prerequisites: 50 Completed Hours; Department Approval, GPA 2.5, ACCT 2301, ACCT 2302, ECON 2301, ECON 2302, BANA 2372.

Graduate Studies Courses

ECON 5300 Economics Principles & Policy
An intensive study of microeconomic and macroeconomic concepts; the price system and how it functions under various market structures. 
Prerequisites:  None  (Does not apply to the 36-hour graduate credit hour requirement of the MBA or Master of Science program)

ECON 5351 Seminar in Labor Economics
Focuses on short-run and long-run aspects of supply and demand of labor, including theory and empirical analysis of the behavior of participants in the labor force. 
Prerequisites: None 

ECON 5357 Seminar in Managerial Economics
Application of the techniques of optimization theory to problems in business and economics.
Prerequisites: None

ECON 5360 Economics Analysis of Strategy
A study of game theoretical tools and their application of important real-world economic phenomena.Prerequisites:  None

ECON 5370 Economic Theory
An integration of micro and macro economic theory with special emphasis on how various economic policy choices may impact the operation of business firms and the national economy.
Prerequisites:  None

ECON 5380 Directed Readings & Research in Economics
A directed individual study is made of a selected problem in the field of economics.
Prerequisites:  Approval of Department Chair and Graduate coordinator.


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