UNDERGRADUATE COURSES
ECONOMICS COURSE DESCRIPTIONS
ECON 2300 INTRODUCTION TO ECONOMICS. [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.
ECON 2301 PRINCIPLES OF MACROECONOMICS. [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.
ECON 2302 PRINCIPLES OF MICROECONOMICS. [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.
ECON 3341 COMPARATIVE ECONOMICS SYSTEMS. Market oriented, free enterprise capitalism,
and
its development, compared with alternative
economic
systems. Prerequisite: ECON 2300 or 2302.
Credit 3.
ECON 3344 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. Prerequisite:
ECON 2300, 2301, or 2302. Credit
3.
ECON 3351 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. Prerequisite:
ECON 2300 or 2302.
Credit 3.
ECON
3352 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.
Prerequisite:
ECON
2300 or
2301 or 2302. Credit
3.
ECON 3357 INTERMEDIATE
MICROECONOMICS. Pricing and output policies
of firms, resource
pricing, and distribution under
condition of perfect
competition, monopoly, oligopoly,
and monopolistic competition
Prerequisite: ECON 2300 or 2302.
Credit 3.
ECON 3370 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. Prerequisite:
ECON 2300, 2301, or 2302. Credit
3.
ECON
3372 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.
Prerequisite: ECON 2300 or 2301. Credit
3.
ECON 3373 URBAN
AND REGIONAL ECONOMICS. Economic problems of
metropolitan
and rural areas,
location theory, regional resources,
transportation problems,
crime, and poverty. Prerequisite:
ECON 2300 or 2302. Credit 3.
ECON 3374 PUBLIC FINANCE. The function of government in the marketplace with emphasis on public goods, externalities, taxation, fiscal federalism, and cost-benefit analysis. Prerequisite:
ECON 2300 or 2301 and 2302. Credit 3.
ECON 4340 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.
Prerequisite:
ECON 2300 or 2302.
Credit 3.
ECON 4348 ECONOMIC
DEVELOPMENT. Theoretical explanations
and historical factors
of economic development
and underdevelopment.
Policies for accelerating
development
in third
world countries
are analyzed. Prerequisite:
ECON 2300 or 2302.
Credit 3.
ECON 4353 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. Prerequisite: ECON 2300 or 2302. Credit 3.
ECON 4357 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. Prerequisites:
ECON 2300 or
2302, BAN 2372, FIN 3320.
Credit 3.
ECON 4365 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. Prerequisite: ECO 2301 and 2302, BAN 3363. Credit 3.
ECON 4373 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. Prerequisite:
ECON 2300
or 2301. Credit 3.
ECON 4380 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.
Prerequisite:
Consent of the Chair of
the Department of Economics and
Business Analysis. Credit
1, 2, or 3.
BUSINESS ANALYSIS COURSE DESCRIPTIONS
BANA 2372 BUSINESS ANALYSIS. An introduction
to the use of quantitative business techniques.
Topics include: organizing and presenting
data,
descriptive statistics, probability, discrete
and continuous distributions, systems of
equations, modeling, optimization procedures,
and statistical
inference. Prerequisite: MTH 1324. Credit
3. (Taught each semester.)
BANA 3363 INTERMEDIATE
BUSINESS ANALYSIS. A continuation of BAN 232
and is designed to
introduce the use
of statistics as a business tool in the face
of incomplete knowledge. Topics include:
estimation, hypothesis testing, analysis of variance,
goodness-of-fit
measures, correlation, simple and multiple
regression. Prerequisite: BAN 2372. Credit
3. (Taught each
semester.)
BANA 3364 OPERATIONS RESEARCH. Quantitative
methods used in the analysis of business
problems.
Topics include decision theory, linear
programming, transportation and inventory models,
Bayesian
probability, and queuing theory. Prerequisite:
BAN 2372. Credit 3.
BANA 4365 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. Prerequisite: ECO 2301 and 2302, BAN 3363. Credit 3.
GRADUATE COURSES
ECONOMICS COURSE DESCRIPTIONS
ECON 5300 ECONOMICS PRINCIPLES AND POLICY. An
intensive study of microeconomic and macroeconomic
concepts;
the price system and how it functions under various
market structures including perfect competition,
pure monopoly, and imperfect market structures
including monopolistic competition and oligopoly;
resource markets; national income measurement
and determination; inflation and unemployment;
money and banking; economic stabilization including
monetary and fiscal policy; international policy.
This course does not apply to the 36-hour graduate
credit hour requirement of the MBA degree program
or the Master of Science in Finance degree.
ECON
5351 SEMINAR IN LABOR ECONOMICS. 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. Readings in current labor economics literature and appropriate research topics will be covered, including the history of labor organizations. Frequent topics include the microeconomic effects of marriage, fertility, and mobility on labor supply, as well as the macroeconomic effects of unemployment on inflation.
ECON 5357 SEMINAR IN MANAGERIAL ECONOMICS. Application of the techniques of optimization theory to problems in business and economics, with special emphasis on decision-making under conditions of risk and uncertainty. Participants apply recent developments in economic analysis to current business problems such as demand and cost estimation, modeling, and forecasting.
ECON
5360 ECONOMIC ANALYSIS OF STRATEGY. A study of game theoretical tools and their application of important real-world economic phenomena. Topics include: the organization of industry, labor and work-place economics, international trade policies, government and voting strategies, the role of legal institutions in the economy, and bargaining and bidding strategies.
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. The course requires students to find micro and macroeconomic issues of current interest, gather related quantitative data, and review recent research that apply/test the theories covered in this course.
ECO 5380 DIRECTED READINGS AND
RESEARCH IN ECONOMICS. A directed individual
study is made of a selected
problem in the field of economics. Prerequisite:
Approval of Department Chair and Graduate Coordinator.
BUSINESS ANALYSIS COURSE DESCRIPTIONS
BANA 5300
QUANTITATIVE TOOLS FOR BUSINESS. An introduction
to a variety of quantitative tools used in the
business sector. Emphasis will be placed on statistical
analyses and operations. Topics include descriptive
statistics, normal distribution theory, central
limit theorem, estimation, hypothesis testing,
linear programming, forecasting, inventory management,
JIT, productivity, competitiveness & strategy,
aggregate planning, and facilities layout. This
course does not apply to the 36-hour graduate
credit hour requirement of the MBA degree program
or the MS in Finance degree.
BANA 5368 TECHNIQUES
OF STATISTICAL ANALYSIS. An integration of
the concepts and application of
some of the widely used statistical and quantitative
techniques for decision making. Topics include
statistical inference, ANOVA, correlation,
simple linear regression, multiple regression,
questionnaire
construction and analysis.
BANA 5380 READINGS
IN BUSINESS ANALYSIS. A directed study for
individual students who wish intensive
work in a special topic area of business
analysis. Prerequisite: Approval of Department
Chair
and Graduate Coordinator.
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