Course Index: Economics

ECONOMIC 2130 3 credits Principles of Macroeconomics: An introduction to basic economic principles with applications to current economic 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. (Fall, Spring, Summer); Components: Lecture; GE: Social Science
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. (Fall, Spring, Summer); Components: Lecture; GE: Social Science
ECONOMIC 2250 3 credits Economics and Western History I: A historical survey of the principal problems of economics using literature dating from approximately the 4th century B.C.E. to 1870. (Fall, Spring); Components: Laboratory; GE: Social Science
ECONOMIC 2260 3 credits Economics and Western History II: Presents a historical survey of the principle problems of economics using literature dating from approximately 1870's to the present. (Fall, Spring); Components: Lecture; GE: Social Science
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. (Fall, Spring, Summer); Components: Lecture; GE: Social Science; Prereqs/Coreqs: P: 5 credits in mathematics or permission of the department chairperson.
ECONOMIC 2940 3 credits Political Economy of Race, Gender and Ethnicity: A study of disparities in income, status, and opportunity directly attributable to disparate treatments of individuals based on race, gender, and ethnicity. The focus is interdisciplinary, using social science principles – especially from economics and political science – to identify institutional and systemic underpinnings for racial, gender, and ethnic discrimination. The course also examines the effects of discrimination and considers feasible solutions to the vexing social problems in the family, the school, the work place, the market place, and the community resulting from discrimination against females, people of color, and ethnic minorities. (Fall, Spring); Components: Lecture; Cross Offering: ETHNSTDY 2940, POLISCI 2940; GE: Ethn and Gender, Social Science
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.); Components: Lecture; GE: Hist Persp-2nd course only, Social Science
ECONOMIC 3220 3 credits Introuction to Managerial Economics: Survey of the principal applications of the theory and analytical techniques of economics to the problems of business management. (Spring); Components: Lecture; GE: Social Science; Prereqs/Coreqs: P: Sophomore standing. Recommended: ECONOMIC 2230 and 2410
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. (Spring); Components: Lecture; GE: Social Science; Prereqs/Coreqs: P: Sophomore standing. Recommended: ECONOMIC 2230
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. (Fall); Components: Lecture; GE: Social Science; Prereqs/Coreqs: P: ECONOMIC 2130, ECONOMIC 2230 and junior standing
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.); Components: Lecture; GE: Social Science

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. (Offered various semesters.); Components: Lecture; GE: Social Science; Prereqs/Coreqs: P: Sophomore standing. Recommended: ECONOMIC 2130 and ECONOMIC 2230
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 the World War I and of American thought concerned with the problems arising from such changes.; Components: Lecture; GE: Historical Perspective; Prereqs/Coreqs: P: HISTORY 1330 and/or HISTORY 1430
ECONOMIC 3630 3 credits Comparative Economic Systems: An analysis of various forms of capitalism and socialism, with special attention given to the economics of the United States, the Soviet Union, England, and others. (Offered various semesters.); Components: Lecture; GE: International Education, Social Science
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. (Fall, Spring, Summer); Components: Lecture; GE: Social Science; Prereqs/Coreqs: P: Sophomore standing. Recommended: ECONOMIC 2130 and ECONOMIC 2230
ECONOMIC 3830 3 credits Public 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 andbudgeting in the public sector. (Fall); Components: Lecture; GE: Social Science; Prereqs/Coreqs: P: ECONOMIC 2130 and ECONOMIC 2230
ECONOMIC 4110 3 credits Management Science: An introduction to quantitative methods used in business. Introduction to decision theory, linear programming and its applications, network and scheduling models. (Fall); Components: Lecture; Cross Offering: BUSADMIN 4110; Prereqs/Coreqs: P: completion of university math requirement and ECONOMIC 2410
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, effects of tariffs and quotas, exchange rate determination, balance of payments analysis and policy, international monetary systems, international economic institutions and current problems. (Offered various semesters.); Components: Lecture; GE: Social Science; Prereqs/Coreqs: P: ECONOMIC 2130, ECONOMIC 2230 and junior standing
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. (Spring); Components: Seminar; GE: Social Science; Prereqs/Coreqs: P: Junior standing. Recommended: ECONOMIC 2130 and ECONOMIC 2230
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.); Components: Independent Study; GE: Social Science; Prereqs/Coreqs: P: ECONOMIC 2130 and 2230 and junior standing. Students may register for job orientation under this title. Appropriate forms must be filled out by students with approval of the instructor and department chair.
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 eight credits. Students may not enroll for more than four credits without permission of the dean of the college. (Offered various semesters.); Components: Field Studies