Economics
| Key to Course Offerings |
| Q: |
designates courses in the Quantitative Scientific Cluster |
| I: |
the Ideas and Events Cluster |
| B: |
the Human Behavior Cluster |
| L: |
the Literature, Language and Arts Cluster |
| C: |
Multicultural |
| IDIS: |
Interdisciplinary courses
Multicultural and interdisciplinary courses also fulfill a cluster designation. |
| * |
Asterisk indicates that the course may be offered less than once every two years. |
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Undergraduate Day School |
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Undergraduate Evening School |
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Courses having a more narrow focus than those taught on a regular basis of courses being taught on an experimental basis can be taught as Topics courses. These courses will be assigned numbers based on the student level for which they are intended-first, second, third or fourth year. |
Introduction to Economics for Non-majors
ECON 1050 3 cr. 3 hr.
This course surveys the field of economics without the technical sophistication of a principles course. The emphasis is on real problems of competition and growth with examples of concepts drawn primarily from the experience of the U.S. economy in a global perspective. I
Principles of Economics: Macroeconomics
ECON 1100 3 cr. 3 hr.
This course is a study of the theory of employment, income and growth. Stabilization policy and current problems in American capitalism are emphasized. I
Prerequisite: satisfactory completion of the College Mathematical Readiness requirement.
Principles of Economics: Microeconomics
ECON 1200 3 cr. 3 hr.
Students examine the theory of the consumer and the business firm in this course. Efficiency in the allocation of resources is examined in four different market structures: pure competition, pure monopoly, monopolistic competition and oligopoly. I
Prerequisite: satisfactory completion of the College Math Readiness requirement.
Consumer Economics
ECON 1300 3 cr. 3 hr.
This course emphasizes theories of consumption and economic functioning with emphasis on demand, consumer problems, standards of living, policies for protecting consumers and expanding consumption. I
Comparative Economic Systems
ECON 2200 3 cr. 3 hr.
This course studies the different economic systems operational in the world today. Emphasis is on differences between the various types of market capitalist and planning systems. I
Prerequisite: ECON 1100.
Industrial Organization
ECON 2300 3 cr. 3 hr.
This course integrates theory, empirical studies and case studies to analyze the effects of government regulations on the structure and organization of U.S. business firms. Several cases of antitrust legislation are studied. In addition, the course shows how political and economic issues affect industrial organization. I
Prerequisites: satisfactory completion of the College Mathematical Readiness requirement and ECON 1200.
Money and Banking
ECON 2400 3 cr. 3 hr.
This course focuses on the role of money, credit and banking in the American economy. Special emphasis is placed on the applicability of monetary policy to the problems of economic stability. I
Prerequisite: ECON 1100.
Human Resource Economics
ECON 2450 3 cr. 3 hr.
Labor market and employment analysis are the focus of this course, which covers the structure of labor markets, the education and training of the labor force, and manpower programs. The serious problems of unemployment, underemployment, discrimination and barriers to job entry are also discussed.
Prerequisites: ECON 1200 or ECON 1250.
Economic Development
ECON 2500 3 cr. 3 hr.
This course examines the problems of less developed countries. Topics of discussion include population, income growth, capital formation, unemployment, foreign investment and aid, the role of government and international economics. I, C
Prerequisite: ECON 1100.
Urban Economics
ECON 2550 3 cr. 3 hr.
This course is a historical and economic explanation of the growth of cities as well as a theoretical analysis of their location, form and economic structure. Current urban problems are also discussed.
Prerequisites: ECON 1100, ECON 1200 or ECON 1250.
Public Finance
ECON 2600 3 cr. 3 hr.
This course studies the principle of governmental expenditures and revenues. Attention is also devoted to the problems of public debt, fiscal policy and inter-governmental fiscal relations, particularly in reference to the United States. I
Prerequisites: ECON 1200
History of Economic Thought
ECON 3000 3 cr. 3 hr.
Within the framework of understanding the relationship between history and economic thought, this course covers the work of the great economists. Starting with the roots of economic thought in the works of the mercantilists and physiocrats, the course turns to the giants in political economy, including Adam Smith, David Ricardo, Karl Marx, Alfred Marshall and J. M. Keynes.
Prerequisites: ECON 1100 and ECON 1200.
International Economics
ECON 3550 3 cr. 3 hr.
This course explores the theories of international trade and their links to theories of economic development and growth. Major current topics in the international economy, including economic competition among countries, debt problems in the Third World and North-South relations, are treated as practical issues against which the theories can be tested. I
Prerequisites: ECON 1100, ECON 1200.
International Finance
ECON 3600 3 cr. 3 hr.
The course considers the theory and practice of financial management by governments, corporations and individuals in a changing international monetary environment. The course also discusses the influence of central governments, central banks, and international monetary institutions on interest rates, exchange rates, capital flows and financial stability. I
Intermediate Macroeconomics
ECON 3650 3 cr. 3 hr.
As a second course and more advanced treatment of macroeconomics, this course provides a detailed examination of major topics in macroeconomics. Topics of discussion include theories of consumption, investment, and growth recession, as well as efforts by the government to stabilize the economy through fiscal, monetary, or other measures. This course introduces the Keynesian, neo-classical and Marxian models of the macroeconomy. I
Prerequisites: ECON 1100, ECON 1200.
Intermediate Microeconomics
ECON 3660 3 cr. 3 hr.
This course analyzes consumer and producer equilibrium in a market economy. The behavior of firms in the four market structures and the behavior of firms and individuals in input markets is examined. Applications of economic theory to concrete economic problems are emphasized. I
Prerequisites: satisfactory completion of the College Mathematical Readiness requirement, ECON 1200.
Econometrics
ECON 3700 3 cr. 3 hr.
This course is an introduction to econometric methods, statistical inferences and testing hypotheses. Model building techniques and their theoretical justifications are presented and evaluated in terms of their performance. Q
Prerequisites: ECON 1100, ECON 1200, MATH 2200, MATH 2800 or permission of instructor.
Managerial Economics
ECON 3750 3 cr. 3 hr.
Applied microeconomics or the application of economic theory and methodology to the practice of managerial decision making is the focus of this course. Case studies are emphasized in instruction. I
Prerequisites: ECON 1100, ECON 1200, MATH 2200, MATH 2800 or permission of instructor.
Independent Study in Economics
ECON 4900 3 cr. 3 hr.
The Independent Study is open to students who have the permission of the supervising instructor and the department. Course of study, meetings, and credit are arranged with approval.
Internship in Economics
ECON 4940 12 cr. 3 hr.
The Internship provides work experiences in private or public firms. Students acquire skills useful to professional economists.
Prerequisites: junior or senior standing, 3.00 Econ. cum, or permission of internship coordinator.
Directed Study
ECON 4975 1-6 cr.
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