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ECON 101. Introduction to Economics. (3-0-3); on demand.

Introduction to the structure and policies of the American mixed economic system including an explanation of how a price-market system allocates resources and distributes goods, with an introductory comparison to other economic structures. This course cannot be used to satisfy the requirements for the BBA; not open to those who have had ECON 201, 202, or equivalent. This course satisfies area studies - social and behavioral sciences for general education.

ECON 102. Economic History of the United States. (3-0-3); on demand.

A study of the economic forces and institutions directly responsible for the development of the United States as a major economic power. The economic transformation of the United States from an agricultural to an industrial-service nation. Problems of income distribution, labor-technology interaction, and mixed capitalism. This course satisfies area studies-social and behavioral sciences for general education.

ECON 201. Principles of Macroeconomics. (3-0-3); I, II.

An examination of what determines the total output of goods and services, the rate of unemployment, the price level, the rate of inflation, rates of interest, and foreign exchange rates within a mixed pricemarket economic system. This course satisfies area studies-social and behavioral sciences for general education.

ECON 202. Principles of Microeconomics. (3-0-3); I, II.

A study of the principles of consumer and firm behavior within a capitalistic price-market system. It examines the manner of production, factor markets, and degrees of competition. Also, the effects of government regulation and market intervention are analyzed. This course satisfies area studies-social and behavioral sciences for general education.

ECON 300. Quantitative Methods in Business and Economics. (3-0-3); on demand. Prerequisites: ECON 202, MATH 152, 354, or equivalent.

A study of mathematical applications as used in business when analyzing data. Cross listed with MNGT 300.

ECON 302. Labor Economics. (3-0-3); on demand. Prerequisite: ECON 101 or higher.

Labor management relations, the labor movement, labor legislation, government control and regulation,
economic inequality, standards of living, and industrial conflicts.

ECON 305. Comparative Economic Systems. (3-0-3); on demand. Prerequisite: ECON 101 or higher.

A study of influential theories of the major economic systems: Capitalism, Marxism, and Communism. Descriptive analysis of the operation of the corresponding
economies.

ECON 315. Resource Economics. (3-0-3); on demand. Prerequisite: ECON 101 or higher.

A study of how economic behavior influences the supply of and demand for natural resources. The course examines the manner of production, factor markets, and degrees of competition among resources. Also, the effects of government regulation and market interventions are analyzed.

ECON 339. Cooperative Education III. (1 to 8 hrs.); I, II. Prerequisite: consent of departmental cooperative education coordinator required.

Work experience with an in-depth exposure representative of the student’s academic level and experience analogous to a junior level status. Maximum of three hours of cooperative education credit (ECON 339/439) available for option credit.

ECON 341. Public Finance. (3-0-3); on demand. Prerequisite: ECON 101 or higher.

Public expenditures; public revenue; taxation; public credit; financial administration of government.

ECON 342. Money and Banking. (3-0-3); on demand. Prerequisite: ECON 101 or higher.

Origin, development and functions of money; banking functions and processes; the Federal Reserve System and monetary policy. Cross listed with FIN 342.

ECON 350. Intermediate Microeconomics. (3-0-3); on demand. Prerequisites: ECON 202 and any one of the following: MATH 123, MATH 131, MATH 135, MATH 141, MATH 152, MATH 174, or MATH 175.

Analysis of the behavior of the household and the firm, with emphasis on the role of prices in allocating resources, organizing production, and distributing goods and services.

ECON 351. Intermediate Macroeconomics. (3-0-3); on demand. Prerequisite: ECON 201.

This course examines and explains, at the intermediate level, what determines the level of output in the economy and the rate of growth in the level of output, as well as the factors that determine the unemployment rate, the price level, the rate of inflation, the interest rate, and foreign exchange rates. In addition, it examines the effects of government policies,
especially monetary and fiscal policy, on the above factors.

ECON 389. Honors Seminar in Economics. (3-0-3); on demand. Prerequisite: membership in University Honors Program.

Analysis of contemporary economic problems and policy alternatives. Topics may vary each semester.

ECON 399. Selected Workshop Topics. (1 to 4 hrs.); on demand.

Workshops on various economic subjects will be presented periodically to supplement the basic course offerings in economics. Credit toward degree programs must be approved by the student’s advisor and the department chair.

ECON 401. Environmental Economics. (3-0-3); on demand. Prerequisite: ECON 101 or higher.

Analysis of the economic reasons contributing to environmental degradation and exploration of economic policies to reduce this problem.

ECON 403. Urban and Regional Economics. (3-0-3); on demand. Prerequisite: ECON 101 or higher. 

Analysis of location patterns, land use, urban and regional structure and growth, and development strategies. Emphasis is placed on contemporary problems and possible solutions.

ECON 410. History of Economic Thought. (3-0-3); on demand. Prerequisite: ECON 101 or higher.

The origin and development of economic theories from the Mercantilist through modern times.

ECON 439. Cooperative Education IV. (1 to 8 hrs.); I, II. Prerequisite: consent of departmental cooperative education coordinator required.

Work experience with an in-depth exposure representative of the student’s academic level and experience analogous to a senior level status. Maximum of three hours of cooperative education credit (ECON 339/439) available for option credit.

ECON 447. International Economics. (3-0-3); on demand. Prerequisite: ECON 101 or higher.

International trade theory, international monetary relationships, and the balance of payments. Emphasis is placed on contemporary problems and possible solutions. Cross listed with IST 447.

ECON 455. Economic Development and Growth. (3-0-3); on demand. Prerequisite: ECON 101 or higher.

Classical and modern theories of growth and development and their application in both advanced and underdeveloped nations.

ECON 456. Introduction to Econometrics. (3-0-3); on demand. Prerequisite: ECON 300 or consent of instructor.

Application of statistical methods to economic and managerial theories. These methods are used to both test the theories with observed data and to estimate the nature and strength of the relationship predicted by the theories.

ECON 476. Special Problems in Economics. (1 to 3 hrs.); on demand. Prerequisites: completion of 21 hours in economics and finance combined and prior consent of department chair.

This course is an independent study of economic problems of special interest. Students must present in writing a suggested problem and justification for the study prior to registration. Each request will be considered on its own merit in relation to the special needs of the student.

ECON 499. Selected Workshop Topics. (1 to 4 hrs.); on demand.

Workshops on various economic subjects will be presented periodically to supplement the basic course offerings in economics. Credit toward degree programs must be approved by the student’s advisor and the department chair.