ECON200
MICROECONOMIC PRINCIPLES
(3.00)
Principles governing the efficient allocation of the nation's scarce
resources. Economic behavior of consumers, producers, and resource owners.
ECON201
MACROECONOMIC PRINCIPLES
(3.00)
Economic activity of the economy as a whole. The role of public policy in
relation to issues of full employment, price stability, economic growth,
government finance, and international trade.
Prerequisite:
ECON 200
ECON209
ECONOMICS AND PUBLIC ISSUES
(3.00)
Analysis of a series of public issues from economic and ethical perspectives.
ECON 209 does not count as either an economics elective or a business
elective, but does count as an E/RS Focus elective.
Prerequisite:
PHIL 100
THEO 111
Corequisite:
PHIL 100
THEO 111
ECON300
INT'L TRADE & BUS ENVIRONMENT
(3.00)
An analysis of International Trade and Finance; the behavior of the
multinational enterprise; the impact of the global economy on traditional
busisness strategies.
Prerequisite:
ECON 201
ECON303
CO-OP EDUCATION/ECONOMICS: JR
(3.00-6.00)
An elective cooperative experience where students earn academic credit while
performing approved economic-related work experience.
Prerequisite:
MGMT 301
55 credit hours completed,
2.750 GPA,
departmental approval
ECON305
MICROECONOMIC ANALYSIS
(3.00)
An in-depth study of consumer behavior, production costs, the firm, market
structure, factor markets, and general equilibrium analysis.
Prerequisite:
ECON 201
ECON306
MACROECONOMIC ANALYSIS
(3.00)
Theoretical foundations of understanding GDP, inflation, unemployment, and
economic growth. Controversies in modern macro theory.
Prerequisite:
ECON 201
ECON315
HISTORY OF ECONOMIC THOUGHT
(3.00)
Ideas and theories of major contributors to economic thought, including,
Smith, Mill, Marx, and Keynes. Primary sources will be used. Fulfills the
E/RS focus elective.
Prerequisite:
ECON 201
PHIL 100
THEO 111
ECON316
GLOBALIZATION
(3.00)
Over the last decade globalization has been the cause of much hope and
promise; at the same time it has been the cause of the student, worker and
environmentalist protests all over the world. The course will be an
interdisciplinary examination of the political, cultural, economic,
theological, and ethical dimensions of globalization. It will be team-taught
by faculty from economics, political science, theology and the E/RS program.
There will also be a number of invited experts from the US and abroad who will
meet with the class.
Cross-listed Courses:
POLI316
THEO316
ECON320
NATURAL RESOURCE ECONOMICS
(3.00)
Economic analysis of managing the environment and allocating natural
resources. Historical roots and ethical consequences of existing problems and
policies are explored. Fulfills the E/RS Focus elective.
Prerequisite:
ECON 200
PHIL 100
THEO 111
Corequisite:
PHIL 100
THEO 111
ECON323
INTRO TO MATHEMATICAL ECONOMICS
(3.00)
Synthesis of mathematical techniques and economic theory. A mathematical
review of economic models, static equilibrium, comparative statics,
optimization, dynamic analysis, and mathematical programming.
Prerequisite:
ECON 201
MATH 150
ECON330
COMPARATIVE ECON SYSTEMS
(3.00)
Study of systemic properties of alternative capitalist, socialist,
traditional, and utopian economies.
Prerequisite:
ECON 201
ECON340
U.S. ECONOMIC HISTORY
(3.00)
Economic evolution of the U.S. from colonial times to the present.
Cross-listed Courses:
HIST320
Prerequisite:
ECON 201
ECON341
ECON OF DEVELOPING COUNTRIES
(3.00)
Analysis of the main problems of developing countries, methods of generating
growth and development, and consideration of the international distribution of
wealth.
Prerequisite:
ECON 201
ECON390
TOPICS IN ECONOMICS
(3.00)
Selected problems. Examples include: energy, natural resource, environmental
and urban economics. May be taken for credit more than once.
Prerequisite:
ECON 201
ECON398
SEM: ENVIRONMENTAL STUDIES
(3.00)
A practicum which provides experience in measuring environmental damage and
performing cost benifit analysis of alternative solutions. A local
environment issue is selected and each student is responsible for
investigating a facet of the problem, analyzing and interpreting data, and
exploring the economic, ecological and ethical consequences of alternative
problem resolutions.
Cross-listed Courses:
BIOL398
Prerequisite:
BIOL 250
ECON 320
ECON403
CO-OP EDUCATION/ECONOMICS: SR
(3.00-6.00)
An elective cooperative experience where students earn academic credit while
performing approved economic-related work experience.
Prerequisite:
MGMT 301
55 credit hours completed,
2.75 GPA,
departmental approval required
ECON406
ADVANCED MACROECONOMICS
(3.00)
Detailed study of varying topics in macroeconomic analysis.
Prerequisite:
ECON 306
ECON410
APPLIED ECONOMETRICS
(3.00)
The construction and testing of economic models. Emphasis given to linear
regression techniques, special problems in estimating economic relationships,
and interpretation of results.
Prerequisite:
ECON 305 or
ECON 306
STAT 200
ECON430
INDUSTRIAL ORGANIZATION
(3.00)
Basic conditions, market structures, conduct and performance of American
industry. Public policy related to the problems of monopoly and business
conduct.
Prerequisite:
ECON 305
ECON440
PUBLIC FINANCE
(3.00)
Role of government in the economy. An analysis of the principles of
government expenditure and taxation.
Prerequisite:
ECON 305
ECON450
INTERNATIONAL ECONOMICS
(3.00)
Basis for trade between nations. Barriers to trade. Balance of payments.
Exchange rate determination. Monetary and fiscal policies in an open economy.
Prerequisite:
ECON 305
ECON 306
Corequisite:
ECON 306
ECON460
LABOR ECONOMICS
(3.00)
Analysis of labor market behavior. Issues of compensation, human capital
investment, unionization, discrimination, and the influence of the labor
market on the macro economy.
Prerequisite:
ECON 305
ECON495
MANAGERIAL ECONOMICS
(3.00)
Applied microeconomic analysis for decision-making within the business firm.
Emphasis on forecasting, demand and cost estimation, pricing techniques,
project and risk evaluation.
Prerequisite:
ECON 305
STAT 200
ECON499
TUTORIAL COURSE
(2.00-3.00)
Special reading and study for advanced students. Approval of department chair
and dean required.
ECON705
APPLIED ECONOMIC ANALYSIS
(4.00)
Students analyze the economic behavior of the consumer and producer and
combine economic theory and applications in order to understand and evaluate
the national and international environment. Classical and contemporary
economic models provide the framework for analysis and real world application.
Current economic issues and the impact of monetary and fiscal policies are
considered.
Prerequisite:
Admission to the Executive MBA program
ECON801
MACROECONOMIC ANALYSIS
(2.00)
Introduction to the economic way of thinking: scarcity, choice, opportunity
cost, comparative advantage, and supply and demand analysis. Basic
macroeconomic terminology. The aggregate demand explanation of economic
fluctuations. Introduction to monetary and fiscal policy.
ECON802
MICROECONOMIC ANALYSIS
(2.00)
Implications of rational decision-making for consumer and business behavior.
Allocation of resources in market economies; concepts of economic efficiency
and market failure. Impact of market structure on performance and behavior of
firms.
Prerequisite:
ECON 801 or equivalent
ECON901
GLOBAL ECONOMIC ENVIRONMENT
(3.00)
Description and analysis of macroeconomics policies in a global environment,
with emphasis on how international trade and capital flows affect the impact
of monetary, fiscal, and supply-side policies on traditional macroeconomic
variables.
Prerequisite:
ECON 801
ECON 802
or equivalent
ECON902
MANAGERIAL ECONOMICS
(3.00)
Economic analysis as applied to practical business operations. Topics include
demand analysis, forecasting, cost analysis, and pricing techniques.
Prerequisite:
ECON 901
ECON927
INTERNATIONAL ECON & BUSINESS
(3.00)
Growth and direction of trade, internationalization of business, role of
governments. Mechanics of financing foreign trade and investsment.
Prerequisite:
ECON 801
ECON932
BUSINESS FORECASTING
(3.00)
Development and application of statistical techniques used in short-term
forecasting.
Prerequisite:
STAT 801
ECON 901
ECON935
BUSINESS & PUBLIC POLICY
(3.00)
Analysis of the role and impact of public policy in a market environment
including an analysis of the causes and consequences of market failure,
antitrust legislation and enforcement issues, and social regulation such as
consumer and environmental protection legislation.
Prerequisite:
ECON 901
ECON990
SEM: CURRENT ECON PROBLEMS
(3.00)
Topics selected from current significant theory and policy issues.
Prerequisite:
ECON 901
ECON995
INDIVIDUAL READINGS & RESEARCH
(2.00-3.00)
Open to especially qualified students with the consent of the department chair
and dean.