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Economics
| Description | Course Progression | Why Economics? | Economics Double Major | Degree Requirements | Course Offerings |
ECON: ECONOMICS
ECON 1500 Survey of Economics 3-0-3
A survey of basic economic concepts with applications to public policy issues.
ECON 1900H Honors Economics 3-0-3
Seminar-oriented approach to basic economic concepts with applications to policy issues. A
research project on public policy is required.
ECON 2105 Principles of Macroeconomics 3-0-3
An introduction to macroeconomic concepts and their application to aggregate economic
activity. Factors influencing rates of economic growth, employment and inflation are emphasized.
Measures of aggregate economic activity and policies to control it are covered.
ECON 2106 Principles of Microeconomics 3-0-3
An introduction to microeconomic concepts and their application to the behavior of individuals,
firms, and market groups. Special emphasis is placed on market analysis, production
and cost concepts, profit analysis, and market structure. Current microeconomic issues,
including market failures and the role of government in markets, are covered.
ECON 3000 Research and Analytical Methods in Economics 3-0-3
Prerequisites: ECON 2105 and ECON 2106. Co-requisites: MATH 1261 and either
BUSA 2100 or MATH 2620. Introduction to applied research and quantitative analysis.
The course includes the components of a research paper, data sources, software used for
empirical research, and basic statistical and econometric techniques widely used in modern
economic research.
ECON 3001 Mathematics for Economists 3-0-3
Prerequisites: ECON 2105, ECON 2106, and MATH 1261. Introduction to mathematical
concepts and techniques used in economic analysis. Topics covered will include algebraic
analysis of supply and demand, calculus, and their applications to economic theory.
ECON 3200 Industrial Organization 3-0-3
Prerequisites: ECON 2106, MATH 1261, and either BUSA 2100 or MATH 2620. A
study of market structures, including perfect and monopolistic competition, monopoly, and
oligopoly. Pricing behavior of firms, economics of information and advertizing, and anti-trust
laws and policies will be analyzed.
ECON 3300 Economic History of the United States 3-0-3
Prerequisite: ECON 1500 or ECON 2105. Economic interpretation of United States
history and study of economic problems in historical perspective.
ECON 3400 Public Finance and Fiscal Policy 3-0-3
Prerequisite: ECON 2105, ECON 2106, and MATH 1261. Comprehensive treatment of
economic theory and applications in the field of public finance and fiscal policy. Includes the
study of market failure, the provision of public goods, benefit/cost analysis, public expenditures,
and the principles of government finance.
ECON 3600 International Economics 3-0-3
Prerequisite: ECON 2105, ECON 2106, and MATH 1261. Survey of the international
exchange of goods, services and financial instruments and the policies that affect this exchange.
Topics include pattern of trade, effects of trade controls, trade and growth, trade and
the distribution of income, balance of payments accounting, exchange rate systems and the
effect of trade on employment, prices, and production.
ECON 3710 Urban and Regional Economics 3-0-3
Prerequisites: ECON 2105, ECON 2106, and MATH 1261. Factors that influence the
type, level, and location of urban and regional activities. The special aspects of poverty, land
use, urban environmnet, and rural development are explored.
ECON 3750 Money and Banking 3-0-3
Prerequisite: ECON 2105. Analysis of financial intermediaries, instruments and markets
in determining the level and distribution of economic activity.
ECON 3800 Environmental Economics 3-0-3
Prerequisites: ECON 2106 and MATH 1261. Application of microeconomic principles to
environmental and natural resource policy. Topics include economic efficiency and market
failure, valuing the environment, pollution control, exhaustible and renewable resource policy,
waste and toxic substance disposal, and the effect of industry and agriculture on the environment.
ECON 3810 Health Economics 3-0-3
Prerequisites: ECON 2106 and MATH 1261. Comprehensive introduction to the economics
of health and health care. Topics include the market for health care, private insurance
and health care providers, social insurance, and health system reform.
ECON 3850 Sustainability: An Economic Perspective 3-0-3
Introduction to economic analysis related to sustainability literature. Topics covered will
include the depletion of fisheries, population growth, ecological footprints, corporate environmental
responsibility, socially responsible investing, green GDP, and industrial symbiosis.
ECON 3860 Labor Economics and Labor Relations 3-0-3
Prerequisites: ECON 2106 and MATH 1261. Investigation of the workings and outcomes
of the labor market. Topics include the determination of wages, wage differentials, the impact
of unions, and the process of collective bargaining.
ECON 4100 Managerial Economics 3-0-3
Prerequisites: ECON 3000 and ECON 3001. Analysis of major decision-making areas
within the firm. Students are introduced to demand forecasting techniques, advanced production
and cost relationships, and optimal pricing models.
ECON 4500 Intermediate Macroeconomics 3-0-3
Prerequisite: ECON 3001. Analysis of the factors that influence national income, long-run
economic growth, unemployment, and inflation. Using various macroeconomic models, students
develop the analytic tools and insights required to evaluate the sources of business
cycle fluctuations. The impacts of fiscal and monetary policy decisions are emphasized.
ECON 4640 International Macroeconomics 3-0-3
Prerequisite: ECON 4500. Advanced study of the international exchange of financial
instruments and the effects of this exchange on employment, prices, production and the
balance of trade (payments). International macroeconomic policy is emphasized.
ECON 4800 Current Issues in Economics 3-0-3
Prerequisites: ECON 2105 and ECON 2106. Study of a specific, current topic or topics
in the field of economics. May be repeated once for additional credit with prior approval of
advisor and instructor if different topics are covered in the subsequent course.
Sports Economics: An application of microeconomic principles to the sports industry.
The industrial organizationand public finance of the sports industry as well as
labor market outcomes forathletes are emphasized.
ECON 4900 Economic Research 3-0-3
Prerequisites: ECON 3000, ECON 3001, and senior standing. Study of methods and
techniques of economic research. Topics include hypothesis development, modeling, data
sources, analytical methods, and presentation techniques. A research paper is required.
ECON 4980 Economics Internship 3 hours credit
Prerequisite: ECON 2105, ECON 2106, and completion of the Economics Internship
Agreement Form. Graded “Satisfactory” or “Unsatisfactory.” The application of academic
economic skills in an employment situation. A research project, approved by a faculty
member and the employer, is required. A student must adhere to the Economics Internship
Program Guidelines. The internship can be taken only once.
ECON 4990 Directed Study in Economics 3 hours credit
Prerequisites: ECON 3000 and ECON 3001. Directed research or reading in economics.
Proper form must be submitted to the Dean of the College of Business Administration at
least two weeks before the beginning of the semester.
