ECON 111: Introduction to Macroeconomics (3)
Macro-Economics: the theory of national income, aggregate demand, and the level of employment; money and banking; and government ﬁscal policy.
ECON 112 — Introduction to Microeconomics (3)
Micro-economic principles: the theory of price under various market conditions; the economic function of government; elements of international economics.
ECON 221 — Statistics for Economics and Business I (3)
An introduction to statistical and mathematical methods used in business ﬁelds and economics. Topics include basic statistical concepts, sampling, probability, basic statistical distributions, estimation, hypothesis testing, and introduction to regression analysis.
ECON 222 — Statistics for Economics and Business II (3)
Topics include matrix theory, multiple regression analysis, logistic regression, time series analysis, analysis of variance, nonparametric methods, quality control, and linear programming. Prerequisite: ECON 221.
ECON 353 — Money, Banking, and Financial Institutions (3)
The nature of money and monetary standards, commercial banking, the money market and ﬁnancial institutions, central banking, monetary policy, and an introduction to monetary theory. This course will also examine the impact of inﬂation and regulation on ﬁnancial institutions and markets. Prerequisite: ECON 111.
ECON 355 — History of Economic Analysis (3)
The contributions of outstanding economists from antiquity to Keynes and the origin and development of the doctrines of the principal schools of economics. While consideration is given to the historical and philosophical background, the emphasis is on the development of theoretical concepts. Prerequisites: ECON 111 and ECON 112. Alternate years: offered 2011-2012.
ECON 356 — Economic Development and International Geography (3)
Issues in development — population, land usage, transportation, industrialization, and natural resources — examined in various regions of the world. Particular consideration is given to the way in which a country’s geography affects its economic development.
ECON 357 — Labor Economics (3)
Wage and productivity theory, the historic development of institutions that inﬂuence the level of wages and employment, collective bargaining, and labor and social legislation. Prerequisite: ECON 112.
ECON 358 — International Economics (3)
The development of the theory of international specialization and trade, the questions of free trade and protectionism, an analysis of foreign exchange rates and balance of payments with an appraisal of international ﬁnancial institutions. Prerequisites: ECON 111 or ECON 112. offered spring semesters
ECON 359 — Industrial Organization and Public Policy (3)
American anti-trust laws and their relation to economic theory, the problems of enforcement, and an investigation of government policy and regulation for various types of business, such as public utilities. Prerequisite: ECON 112.
ECON 360 — Comparative Economic Systems (3)
Analysis of the institutional structure of each type of economy and the ways in which basic economic principles work through such structures to produce economic results. Prerequisite: ECON 111 or ECON 112. Offered Summer, 2014.
ECON 371 — Intermediate Micro-Economic Theory (3)
Price Theory: utility and demand theory; the principles of production and nature of costs for the ﬁrm; pricing and output under various market conditions; the determination of factor prices. Prerequisite: ECON 112. Offered in even year fall semesters.
ECON 372 — Intermediate Macro-Economic Theory (3)
Economic aggregates that determine the level of national income and employment: the interrelationship of aggregate demand, interest rates, wages, output and the price level. Prerequisite: ECON 111. Offered in odd year spring semesters.
ECON 373 — Public Economics (3)
Public revenues, the tax system and tax incidence, and public expenditures. Particular problems of state and local ﬁnance are also given consideration. Prerequisites: ECON 111 and ECON 112. Offered in odd year spring semesters.
ECON 493 — Women, Poverty, and the Environment (3)
Examines the contributions and experiences of women as economic actors and some of the common difﬁculties facing women in fulﬁlling their economic obligations in various parts of the world. Also analyzes conditions and causes of global poverty. A third component explores the effect of current economic structures on the environment as well as economic approaches to environmental issues. Prerequisites: ECON 111 or ECON 112. Offered occasionally. Cross-listed as INST 493 and WMST 493.
ECON 497 — Independent Study in Economics (3)
Advanced projects in a specialized area of Economics under the supervision of an Economics faculty member. Senior status required; open to juniors with permission of Department Chairperson.
ECON 499 — Internship in Economics (3)
An option for juniors and seniors to apply economic concepts learned from intermediate theory and economic elective courses. It should be an extension of a required or economic elective course, and should not be a substitute. Knowledge gained from the experience must be demonstrated by periodic reports to the faculty coordinator and through an appropriate project or paper.