04/19/14 9:27 PM






 
Academic Programs

Course Descriptions

ECON 141. INTRODUCTION TO ECONOMICS (4)
A one-semester introduction to the field of economics especially designed for the freshman student who is interested in economics. For the economics major, this course can be used only for general college credit. It is not a prerequisite for Economics 241 and 242.

ECON 203. INTRODUCTION TO STATISTICS AND ECONOMETRICS (4)
An investigation of the use of basic probability, statistical inference, and simple regression analysis to solve and/or understand economic problems. Prerequisites: MATH 115 and ECON 241 or 242, concurrently.

ECON 241. PRINCIPLES OF MACROECONOMICS (4)
An investigation of the foundations of aggregate economic behavior as reflected in such concepts as unemployment, inflation, economic growth and development, and of the elements utilizing both monetary and fiscal policy to correct for macroeconomic instability.

ECON 242. PRINCIPLES OF MICROECONOMICS (4)
The Economic System as a functioning social structure, the determination of prices, wages, and distribution of goods and income, economic analysis of poverty, monopolies, pollution, foreign trade, and critiques of the U.S. Economy.

ECON 300. INDUSTRIAL ORGANIZATION (4)
An examination of market structure, market conduct, market performance, as economic. Discussion of characteristics and differences of major industries. Prerequisite: Econ 242

ECON 301. BUSINESS ENTERPRISE (4)
A study of the organization and operation of the business enterprise sector of the United States. Prerequisite: ECON 242

ECON 302. GOVERNMENT AND BUSINESS (4)
The nature of government relations with business and society. Antitrust laws, their interpretation and enforcement; current problems of government regulation of various industries. Prerequisite: ECON 242

ECON 303. ECONOMETRICS (4)
An extension of ECON 203, which focuses on the use of inferential statistics, regression, and econometric technique as methods for solving economic problems. Prerequisite: ECON 203

ECON 304. MATHEMATICAL ECONOMICS (4)
Integration of three components of economic analysis: (1) the development of economic theory; (2) the mathematical modeling of economic theory, and (3) methods of solving mathematical models and geometrical and narrative interpretations of the solutions. Focus will be on such topics as equilibrium and optimization models and the comparative statics associated with their solution. Prerequisites: ECON 242 and MATH 221 or equivalent.

ECON 311. MONEY AND BANKING (4)
The institutional and analytical framework of the American monetary system. Emphasis on the role of bank and non-bank financial intermediaries, contemporary monetary theories, and the application of monetary policy to macroeconomic policy problems. Prerequisite: ECON 241

ECON 315. INTERMEDIATE MICROECONOMIC THEORY (4)
A theoretical examination of the forces determining prices of individual goods and services and the allocation of resources among different sectors of a market system. An analysis of choice among major decision makers such as households and firms within various market structures in which products and resources are sold as well as the welfare implications of such choices from both a partial and general equilibrium framework. Prerequisites: ECON 242, MATH 221

ECON 316. INTERMEDIATE MACROECONOMIC THEORY (4)
An exposition of national income determination within a framework of general equilibrium analysis. Focus on interdependence of macroeconomic markets and on the income level will be generated. Construction of theoretical models from which policy decision are deduced with regard to achieving a stable, full employment economy. Prerequisite: ECON 241

ECON 317. MANAGERIAL ECONOMICS (4)
Study of the management decision process utilizing analytical concepts from economics. Areas addressed: profit and other goal-setting, product-line additions, costs and demand studies, pricing policy, forecasting, distribution costs, break-even analysis, and capital budgeting. Prerequisite: ECON 242

ECON 320. WOMEN IN THE ECONOMY (4)
Use of the issue-oriented approach to analyze the economic problems that pertain to women and to their economic status. Prerequisite: ECON 241 or ECON 242

ECON 321. INTERNATIONAL ECONOMICS (4)
An examination of the theoretical, empirical, and institutional issues pertaining to international economics. A focus on the economic problems of international trade, international commercial policies, and international investment. Prerequisite: ECON 241 and ECON 242

ECON 324. ECONOMIC DEVELOPMENT OF EMERGING NATIONS (4)
A comprehensive study of the characteristics and problems of less developed nations, the theory of economic development, the role of the public and private sectors, strategies of development, and the role of developed nations. Prerequisites: ECON 241 or ECON 242

ECON 325. COMPARATIVE ECONOMIC SYSTEMS (4)
The examination of alternative economics systems in the area of growth patterns, income distribution, standard of living, fidelity to ideology, and economic models. Prerequisites: ECON 241 and ECON 242

ECON 350. JAPANESE ECONOMIC DEVELOPMENT(4)
An examination of the position, role, impact and influence of Japan as a significant player in the world economy. Prerequisite: ECON 241 or ECON 242

ECON 369. URBAN ECONOMICS (4)
An examination of the economics of urban communities; an economic analysis of urban problems and their alternative solutions. Prerequisite: ECON 242

ECON 382. PUBLIC FINANCE (4)
An investigation of the economic criteria utilized to evaluate public sector economic activity as it pertains to public expenditure and public taxation. Emphasis on the welfare economic implications of public expenditure decisions as well as the redistributive and efficiency consequences of public taxation as pertains to tax incidence, tax incentive, and equity considerations. Prerequisite: ECON 241

ECON 400. SENIOR SEMINAR IN ECONOMICS (4)
The course vehicle used for the writing and oral defense of the senior thesis. Organized to permit independent work on the part of the student on a major economic problem or issue. Required of majors in economics during their senior year. Prerequisites: ECON 303, ECON 315 and 316

ECON 421. INDEPENDENT RESEARCH (1-3)
For selected seniors who will prepare a research paper under the advisement of a member of the department. Prerequisites: ECON 303, ECON 315 and 316

ECON 490. HONORS SEMINAR (4)
The course vehicle used for writing the first part of the honors thesis. This course is for students enrolled in the College-Wide Honors Program. Prerequisites: ECON 303, ECON 315 and 316

ECON 491. SENIOR SEMINAR - HONORS II (4)
The honors thesis is completed in this course. For students enrolled in the College-Wide Honors Program. An oral defense is required. Prerequisites: ECON 303, ECON 315, ECON 316, ECON 391.