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 Sciences
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 Sciences
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 Sciences
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 Sciences
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 Sciences
Prereqs/Coreqs: P: Math 1630 or higher (3 credits)
ECONOMIC 2940 3 credits The Political Economy of Race, Gender and Ethnicity
This course uses economic 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, and others. Analysis occurs within the contextual framework provided by guest presenters having expertise in areas of race and ethnic studies and women studies. Pertinent principles and concepts are used to analyze 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 us both individually and collectively. (Fall, Spring)
Components: Lecture
GE: Ethnic and Gender, Social Sciences
Cross Offering:Cross Offerings: ETHNSTDY 2940, POLISCI 2940
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: Historical Perspective-2nd course only, Social Sciences
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 Sciences
Prereqs/Coreqs: P: sophomore standing; recommended: ECONOMIC 2230 and ECONOMIC 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; relevant 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. Applications of microeconomic theory in policy analysis pertaining to environmental and energy issues. (Spring)
Components: Lecture
GE: Social Sciences
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 Sciences
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 Sciences
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 Sciences
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 Sciences
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 Sciences
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 and budgeting in the public sector. (Fall)
Components: Lecture
GE: Social Sciences
Prereqs/Coreqs: P: ECONOMIC 2130 and ECONOMIC 2230
ECONOMIC 4010 1 - 3 credits Economics Workshop
Components: Lecture
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:Cross Offerings: 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 Sciences
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 Sciences
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 Sciences
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