Business: Economics Department Courses


ECON 250 – Pre-May Seminar, 2 credits.
ECON 252 – Public Policy Analysis, 2 credits. E1. This course examines a wide variety of societal problems and evaluates public policies that have been proposed and implemented to address those problems. Students will analyze problems using basic economic concepts and techniques and will utilize economic criteria for evaluating optimal public policy.
ECON 274 – Introduction to Business and Economics Statistics, 4 credits. E. An introductory course in statistics with applications in business and economics. The course covers descriptive and inferential statistics, including central tendency, dispersion, the frequency distribution, basics of probability theory, probability theory, random variables (central tendency, dispersion, and frequency distribution), confidence interval estimation, hypothesis, testing, and simple and multiple linear regressions. Recommended as background: MATH 121 – Calculus I or MATH 203 – Finite Mathematics
ECON 300 – May Seminar, 4 credits. MS.
ECON 301 Z – Intermediate Microeconomic Theory, 4 credits. E2. A more detailed and intensive examination of the subject of microeconomics including the theory of demand, the theory of supply, the theory of competition, market failure and regulation. Course examines both factor and product markets. Prerequisite: BUS 201 – Principles of Global Economics
ECON 302 – Intermediate Macroeconomic Theory, 4 credits. E1. A more detailed and intensive examination of the subject of macroeconomics including national income accounting; the Classical and Keynesian theories of the determination of real gross domestic production and the price level; New Classical and Rational Expectations theories of the determination of real GDP and the price level; monetary theories of the business cycle; macroeconomic analysis of the open economy; and monetary and fiscal policy. The influence of economic systems on economic growth is examined. Prerequisite: BUS 201 – Principles of Global Economics
ECON 312, ENVR 312, SOC 312 S, G – Global Development Issues, 4 credits. E1. Students are introduced to the social scientific approaches used to understand how demographic, institutional, cultural, economic and ecological factors influence, and are influenced by, societal development. Comparative case studies enable students to understand the structure and dynamics (e.g., population change) of human populations as they relate socioeconomic development.
ECON 320 – Energy, Environment and Economics, 4 credits. D. An analysis of energy and environmental problems using macro– and microeconomic theory as the basic analytical framework. Perspectives from other disciplines such as political science, the natural sciences and religion are contrasted with those of economics. The course also serves as a prerequisite for a departmental May Seminar Abroad on this same topic. Prerequisite: BUS 201 – Principles of Global Economics
ECON 333 – International Economics I, 2 credits. B3. Evaluates the claims and criticism of two schools of political economy – liberalism and protectionism. Examines what economic theory/analysis has said about the arguments and conclusions of each school; the economic history of liberalism and protectionism since 1500; and major institutions of protectionism and liberalism, especially contemporary global trade and finance and regional trade and finance institutions. Prerequisite: BUS 201 – Principles of Global Economics
ECON 335 – International Economics II, 2 credits. B4. An economic history of the world economy that examines the role of trade and financial institutions in economic development. Examines the views of trade of the major schools of economic thought, especially Classical, Marxian/Socialist, Neo-classical, Keynesian, and Austrian schools. Other causes of economic development are also examined including resource supplies, domestic political values and institutions, entrepreneurship, the degree of development of financial institutions, the vitality of a culture, and foreign economic policy, whether it favors integration or its opposite. The process of economic development is examined in light of domestic and global political/economic institutions. Prerequisite: BUS 201 – Principles of Global Economics
ECON 354 – Statistics for Business and Economics, 4 credits. D. A course designed to deepen your understanding of regression analysis and applications. Extensive use of the computer software. Prerequisite: MATH 110 – Pre-calculus, MATH 121 – Calculus I, or MATH 203 – Finite Mathematics
ECON 380 – Special Topics Lecture, 2 to 4 credits. D. Courses covering various topics of interest in this particular discipline are offered regularly. Contact department or program chair for more information.
ECON 390 – Cooperative Education, 1 to 8 credits. E.
ECON 441 – Money Banking, and Financial Markets/Institutions, 4 credits. E1. This course examines money (historical and contemporary), the market for loanable funds, banking, other financial markets and institutions, the central bank, monetary theory and policy. The course focuses on the question of interest rate determination, whether by markets or by administration. The course examines the concepts of market failure and government failure as applied to banking and other financial institutions. Prerequisites: ACCT 255 – Principles of Financial Accounting and BUS 201 – Principles of Global Economics
ECON 480 – Independent Study, 1 to 4 credits. D. This course provides an opportunity for individual students to conduct in-depth research of a particular topic under the direct supervision of a faculty member. Contact the department or program chair for more information.