Undergraduate Catalog 2009-2011


ECON 200    Principles of Economics I     3

Macroeconomics. Introduction to the prevailing pattern of American economic institutions, the theory of income, employment and investment in the national economy, and public policies that affect them. Study Area II


ECON 201    Principles of Economics II    3

Microeconomics. Presents economic principles related to consumer demand, and determination of prices of goods and factors of production under differing market structures. Applications to real world situations will be discussed. It is recommended that ECON 200 be taken before ECON 201. Study Area II


ECON 250    Contemporary Economic Issues  3

Economic analysis of contemporary issues. Topics include federal deficits, regulation of business, income distribution, unemployment, military spending, consumer protection, technical change, and environmental degradation. Study Area II


ECON 300    Macroeconomics    3

Prereq.:  ECON 200, 201. Theoretical analysis of determination of national income and economic growth. Fall.


ECON 305    Microeconomics    3

Prereq.:  ECON 200, 201. Determination of prices of goods and productive factors in a free market economy and the role of prices in the allocation of resources. Spring.


ECON 310    Mathematical Economics  I     3

Prereq.:  ECON 200, 201, MATH 125 or MATH 152, or permission of instructor. Applications in economics of functions, differential calculus, maxima and minima, Lagrange multipliers, matrices, and determinants. Fall.


ECON 311    Mathematical Economics II     3

Prereq.:  ECON 310. A continuation of ECON 310. Examination of economic problems in a dynamic framework. The use of integrals, differential equations, and difference equations will be discussed as applied to economics. A brief introduction to linear programming and game theory is included.


ECON 398    Topics in Economics     1

Prereq.:  Permission of instructor. Examination of selected topics in economics which are not otherwise offered as part of the department's regular courses. Course may be repeated for different topics for a total of 3 credits.


ECON 420    Urban Economics   3

Prereq.:  ECON 200, 201. Economic analysis of metropolitan and regional entities with special focus on land use, location decision-making, the provision and role of public services, transportation, public finance, human resources, and social welfare. [GR]


ECON 430    International Economics 3

Prereq.:  ECON 200, 201. Principles of international trade and finance and application to modern world, theory of comparative advantage, exchange rates, monetary standards, international financial institutions, tariffs, commercial policy, and aid to underdeveloped countries. [I] [GR]


ECON 435    Economic Development    3

Prereq.:  ECON 200. Problems of accelerating development in developing countries and maintaining development in prosperous countries. From viewpoints of theory, history, and policy, this course attempts to explain forces that lead to economic development. [I] [GR]


ECON 445    Labor Economics   3

Prereq.:  ECON 200, 201. Economic analysis of human resources as a factor of production. Special attention is devoted to demographics, labor market structures, wage determination, career decision-making, training, and the roles of employee organizations. [GR]


ECON 450    Money, Credit, and Banking    3

Prereq.:  ECON 200. Money and its functions, including structure of the American banking system, with emphasis on monetary theory and policy. [GR]


ECON 455    Public Finance    3

Prereq.:  ECON 200, 201. Analysis of federal revenues and expenditures, including an examination of federal budget concepts, fiscal policy, cost-effectiveness analysis, tax efficiency and equity, and debt management problems. [GR]


ECON 460    Economic Forecasting    3

Prereq.:  ECON 200, 201 and STAT 104 or equivalent. The theory and use of such forecasting techniques as simple and multiple regression, seasonal adjustment, economic indicators, input-output and macroeconomic models. Emphasis will be given to economic applications and the use of the computer. [GR]


ECON 462    Industrial Organization 3

Prereq.:  ECON 201. Study of the structure, conduct, and performance of selected U.S. industries. The effects of concentration on prices, outputs, profits, and technological change will be analyzed. [GR]


ECON 465    Government and Business 3

Prereq.:  ECON 201. Role of government in the mixed economy, with special emphasis on antitrust laws, regulation and deregulation, social legislation, and public enterprise. [GR]


ECON 470    Managerial Economics    3

Prereq.:  ECON 201. Application of economic theory and quantitative methods to managerial decision-making problems. Topics include decision analysis, forecasting, demand analysis, production and cost analysis, linear programming, break-even analysis, and capital theory and budgeting. [GR]


ECON 475    History of Economic Thought   3

Prereq.:  ECON 200, 201. Evolution of economic thought from Ancient Greece to current doctrines. [GR]


ECON 485    Econometrics      3

Prereq.:  ECON 200, 201 and STAT 104 or equivalent. Application of statistical methods to economics. Emphasis is placed on statistical inference, regression analysis, and real-world applications using the computer. Spring. (O) [GR]


ECON 498    Advanced Topics in Economics  1

Prereq.:  ECON 200, 201 or permission of instructor. An examination of advanced selected topics in economics which are not otherwise offered as part of the department's regular courses. Course may be repeated with different topics for a total of 6 credits. [GR]


ECON 499    Independent Study in Economics      3 OR 6

Prereq.:  Permission of instructor. Students may specialize in projects of an advanced nature not covered by regular course offerings. Supervision is given through periodic conferences with each student and through several group meetings to discuss findings and common problems. [GR]

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