ECONOMIC 2130 3 credits
Principles of Macroeconomics
An introduction to basic economic principles with applications to current problems. Demand, supply, and the role of prices in the U.S. economy are briefly surveyed followed by in-depth study of the national (or macro) economy. Topics include unemployment, inflation and economic growth; theories of economic recession and prosperity; the role of money and banking in the economy; government taxing and spending policies to stabilize the economy; and the U.S. as part of the international economy. GE: SS. F, S, Su

ECONOMIC 2230 3 credits
Principles of Microeconomics
An introduction to basic economic principles with applications to current economic problems. Emphasis is on understanding how households and business firms make decisions in the U.S. economy. Topics include how prices are determined and how they help solve the economic problem of scarcity, the distribution of income and wealth, problems of monopoly power, labor unions and labor problems, environmental and energy concerns, and agricultural economics. GE: SS. F, S, Su

ECONOMIC 2250 3 credits
Economics and Western History I
Multidisciplinary survey of the evolution of economic institutions and thought in the West from ancient Greece to 1870; study of principal ideologies and economic problems that have affected Western history; informal presentations of relevant economic theory; course intended for students not planning to do advanced work in economics. GE: SS. F, S

ECONOMIC 2260 3 credits
Economics and Western History II
A sequel to Economics 2250 that provides a study of the main trends in Western economic history and thought from 1870 to the present; course intended for students not planning to do advanced work in economics. GE: SS. F, S

ECONOMIC 2410 3 credits
Interpretation of Business and Economic Data
The nature of statistical data in business and economics; the use of tabular, graphical and numerical analysis; probability, estimation and hypothesis testing; correlation and regression; index numbers; time series; and forecasting. P: 5 credits in mathematics or permission of the department chairperson. GE: SS. F, S, Su

ECONOMIC 2940 3 credits
Political Economy of Race, Gender, and Ethnicity
(Cross-offered under ETHNSTDY 2940 and POLISCI 2940)
This course uses economics principles to analyze salient issues involving people of color, women, and ethnic minorities. The focus is interdisciplinary, drawing from the fields of business and political science, among others. Analysis will occur within the contextual framework provided by guest presenters having expertise in areas of race and ethnic studies and of women's studies. Pertinent principles and concepts will be used to analyze the causes and effects of the changing composition of U.S. families, to examine the nature and extent of discrimination within the U.S. economy, and to understand why issues involving race, ethnicity, and gender are of concern to all. GE: SS, EGS. F, S

ECONOMIC 3210 3 credits
History of Economic Thought
Economic theory from medieval to contemporary times. Economic thought in the medieval Middle East; economic theory of scholasticism, growth of commerce and mercantilist theory; The physiocratic and classical traditions of political economy; Marxian political economy; Neoclassical economics and critiques of the neoclassical theories of value and distribution. Offered Various Semesters GE: SS or HP (second course in HP only)

ECONOMIC 3220 3 credits
Introduction to Managerial Economics
Survey of the principal applications of the theory and analytical techniques of economics to the problems of business management. P: Sophomore standing. Recommended: ECONOMIC 2230 and 2410. GE: SS. S

ECONOMIC 3330 3 credits
Intermediate Microeconomic Analysis
A critical survey of the principal concepts of modern neoclassical microeconomics and alternatives to it. Methods of economic science; measures of elasticity; theory of consumer behavior; production and cost theory; industrial structure and conduct; input markets; market power and its determinants; introduction to Marxist, post-Keynesian, and behaviorist research programs in economics. P: Sophomore standing. Recommended: ECONOMIC 2230. GE: SS. S

ECONOMIC 3340 3 credits
Intermediate Macroeconomic Analysis
General economic theory of the determination of national income and output, employment, price level and economic growth prefaced by a survey of national income accounting. Keynesian, monetarist, post-Keynesian, rational expectations and real business cycle theory. Macroeconomics of open economies. Macroeconomic theory is applied to the current U.S. economic situation. P: ECONOMIC 2130, ECONOMIC 2230 and junior standing. GE: SS. F

ECONOMIC 3420 3 credits
Consumer Economics
Focus is on how the consumer functions in the marketplace with an emphasis on consumer choice, consumer sovereignty and the economic forces that shape consumer demand. The fundamental rights of the consumer are examined and stress is placed on how an individual may become a better educated consumer as well as what government can do and is doing in the field of consumer protection. Offered Various Semesters GE: SS

ECONOMIC 3430 3 credits
Labor Economics and Labor Relations
A beginning course in labor and industrial relations with emphasis on how wages are determined in various types of labor markets; broad social aspects of employer-employee relations; history, organization and structure of U.S. labor unions; problems, policies and procedures in contemporary collective bargaining; and special issues involving unemployment, productivity, worker alienation, automation, and investment in human capital. P: Sophomore standing. Recommended: ECONOMIC 2130 and ECONOMIC 2230. Offered Various Semesters GE: SS

ECONOMIC 3530 3 credits
Economic History of the United States: The First Three Hundred Years
An introductory survey of the evolution of the market economy of the United States up to World War I and of American thought concerned with the problems arising from such changes. P: HISTORY 1330 and/or HISTORY 1430. GE: HP

ECONOMIC 3630 3 credits
Comparative Economic Systems
Concepts of free market capitalism, market socialism, participatory management economies and centralized planning. A comparative study of the market socialism of France; the participatory management economy of Japan; planning experiences of Sweden, China and India; and the various forms of free-market capitalism of Germany, U.S.A. and others. Offered Varous Semesters GE: SS, IE

ECONOMIC 3730 3 credits
Money and Banking
A survey of the monetary and banking systems of the United States as part of the nation's overall financial system. Major topics include organization and functioning of financial intermediaries, the key economic roles of lending institutions and the Federal Reserve System, contemporary monetary theories, international financial structures. P: Sophomore standing. Recommended: ECONOMIC 2130 and ECONOMIC 2230. GE: SS. F, S, Su

ECONOMIC 3830 3 credits
Public Finance
Beginning course in government finance. Topics include government expenditures, programs and public services; principles and processes for collective decision-making; sources, principles and effects of taxes and other government revenues; and deficits, debts and budgeting in the public sector. P: ECONOMIC 2130 and ECONOMIC 2230. GE: SS. F

ECONOMIC 4110 3 credits
Management Science
(Cross offered under BUSADMIN 4110)
An introduction to quantitative methods used in business. Introduction to decision theory, inventory control, linerar programming and its applications, network and scheduling models, computer software applications. P: Completion of university math requirement and ECONOMIC 2410. F

ECONOMIC 4330 3 credits
International Economics
A study of the major aspects of international trade, finance and commercial policy under changing world conditions. Subjects studied include various theories of international trade, Hecksher-Ohlin theory of commodity composition of trade, effects of tariffs and quotas, exchange rate determination, balance of payments analysis and policy, international monetary systems, international economic institutions and current problems. P: ECONOMIC 2130, ECONOMIC 2230 and junior standing. Offered Various Semesters GE: SS

ECONOMIC 4930 3 credits
Senior Seminar
Critical examination of select economic policy issues with active participation by Department of Economics faculty and other invited guests. P: Junior standing. Recommended: ECONOMIC 2130 and ECONOMIC 2230. GE: SS. S

ECONOMIC 4940 1-4 credits
Special Problems
Supervised reading on selected economic problems. Students may register for job orientation under this title. Appropriate forms must be filled out by students with approval of the instructor and the department chairperson. Offered Various Semesters. P: ECONOMIC 2130 and ECONOMIC 2230, junior standing and approval of the department chairperson. GE: SS

ECONOMIC 4990 1-8 credits
Internship
The practical application of marketing, finance, management and economics through on-the-job training. May be repeated for credit up to a total of 8 credits. Major in economics or business-economics comprehensive, junior standing and permission of the internship coordinator. (Students may not enroll for more than 4 credits without permission of the dean of the college.) Offered Various Semesters