Economics (ECON)

UNDERGRADUATE COURSES

ECON 201 Principles of Macroeconomics 3(3-0)
Applications oriented approach to understanding the economy including monetary policy, deficits and surpluses, international issues; fundamental differences between liberal and conservative economic policies. Prerequisite: MATH 109 or MATH 121 or permission of instructor for non-business majors. (F,S)

ECON 202 Principles of Microeconomics 3(3-0)
Illustrates how firms make price, wage and profit maximizing decisions. Other topics include market performance, market failure, environmental issues and government intervention. Prerequisite: MATH 121 or permission of instructor for non-business majors. (F,S)

ECON 301 Intermediate Macroeconomics 3(3-0)
In-depth study of macroeconomic models including classical, Keynesian, monetarist, new classical and new Keynesian systems. Evaluates applications of monetary and fiscal policies in different models. Prerequisites: ECON 201, 202, and MATH 221. (F)

ECON 302 Intermediate Microeconomics 3(3-0)
In-depth study of microeconomic theories of production and consumption. Emphasis on strategic behavior and decision making under uncertain conditions. Prerequisites: ECON 201, 202, and MATH 221. (S)

ECON 308 Economics for Managers 3(3-0)
Advanced study of economic concepts for managerial decision-making. Topics covered include demand estimation and elasticity, cost estimation, macroeconomic indicators, and the Federal Reserve system. Prerequisites: ECON 201, 202, and MATH 221. (F,S)

ECON 310 Money and Banking 3(3-0)
Topics include behavior of interest rates, money supply process and theory of central banking, determinants of exchange rates and current issues of international financial system. Prerequisites: ECON 201, 202, and MATH 221. (*)

ECON 330 Public Finance 3(3-0)
Principles and issues of government revenue and expenditure policies. Prerequisite: ECON 201, 202, and MATH 221. (*)

ECON 402 Economics of Labor 3(3-0) 
The study of labor supply and demand, impact of unions, wage determinators, distribution of income and productivity. Prerequisites: ECON 201, 202, and MATH 221. (*)

ECON 420 Regional Economic Analysis 3(3-0)
Applies regional economic concepts to real-world projects. Develops skills in accessing a community’s trade area, trade relations between communities and sources of local employment growth. Prerequisites: ECON 201, 202, and MATH 221. (*)

ECON 475 International Economics 3(3-0)
International trade and finance theory. Topics include trade protectionism, regional alliances, role of international organizations, economic development, exchange rate determination and balance of payments. Prerequisites: ECON 201, 202, and MATH 221. (*)

ECON 490 Special Projects (1-6 VAR) (*)

ECON 491 Special Topics (1-3 VAR) 
Prerequisite: permission of instructor. (*)

ECON 495 Independent Study (1-3 VAR)
Prerequisites: senior standing in School of Business and permission of department chair. (*)

ECON 498 Internship (1-6 VAR)
Supervised field work in selected business, social, and governmental organizations; supplemented by written reports. Prerequisites: junior or senior standing in School of Business and permission of internship coordinator. (S/U grading) (*)


GRADUATE COURSES

ECON 510 Economics for Managers 3(3-0)
Provides the macro- and micro-economic understanding managers will use throughout their careers. Topics include demand estimation, pricing, decisions under uncertainty, domestic monetary policy, international economics. Prerequisite: Admission to MBA or permission of MBA Director. (*)

ECON 575 International Economics 3(3-0)
International trade and finance theory, current and past trade issues, history and impact of international economic organizations and agreements, international payments system, and international debt. Prerequisites: ECON 202 and admission to MBA. (*)

ECON 591 Special Topics 3(3-0)
Prerequisite: Admission to MBA or permission of MBA Director. (*)

ECON 592 Research (1-6 VAR)
The student will work under the close supervision of graduate faculty member in basic or applied research resulting in a report of high academic quality (IP and S/U grading). (*)

ECON 595 Independent Study (1-3 VAR)
Individual study of a subject determined by the instructor and student with permission of the director. Prerequisite: Admission to MBA or permission of MBA Director. (*)

ECON 598 Internship 3(3-0)
Supervised field work in selected public, private, government organizations, supplemented by written reports. Prerequisite: Admission to MBA or permission of MBA Director. (S/U grading) (*)