ECO 2010-3 Principles of Economics-Macro (3 + 0)

Prerequisites: satisfaction of the Level I Mathematics requirement and either ENG 1010 or the Level I Communications course

Introduction to the principles of economics, emphasizing an analysis of the economy as a whole. Topics include the methods used in economics, national income accounting, income determination, and an analysis of monetary and fiscal policies used by government to combat inflation and unemployment, and preliminary international trade analysis. (General Studies-Level II, Social Sciences)
ECO 2020-3 Principles of Economics-Micro (3 + 0)

Prerequisites: satisfaction of the Level I Mathematics requirement and either ENG 1010 or the Level I Communications course

Introduction to the principles of economics, with an emphasis on individual economic units. Topics include consumer choice, production theory, theory of the firm, problems on economic efficiency, and problems of economic concentration. (General Studies-Level II, Social Sciences)

ECO 3010-3 Intermediate Microeconomic Theory (3 + 0)

Prerequisites: ECO 2020

This course analyzes production, price, and distribution theory within a microeconomic framework. Studies include value and distribution theories under conditions of varying market structures. Topics will also include consumer theory, competitive, oligopoly, and monopoly pricing and output behavior as well as pricing of factors of production and welfare theory.

ECO 3020-3 Intermediate Macroeconomic Theory (3 + 0)

Prerequisites: ECO 2010

The course is a survey of major aggregate economic models. Emphasis is on the role of consumption, investment, and government decisions on aggregate economic activity. Topics include an analysis of consumption and investment decisions, income determination models, monetary and fiscal policy, and economic growth.

ECO 3100-3 Money and Banking (3 + 0)

Prerequisite: ECO 2010

The study of money as a policy variable affecting economic activity. Money is examined both in its role in exchange and as an instrument of economic policy. The Federal Reserve System, money supply, money demand, and their respective effects on macroeconomic activity are stressed.

ECO 3150-3 Econometrics (3 + 0)

Prerequisites: (ECO 2010 or ECO 2020) and (MTH 1320 or MTH 1410 or CMS 2300) or permission of instructor

This course applies mathematical techniques to problems in economics. Emphasis is on application rather than computational methods of mathematical rigor. The problems of acquiring, measuring, and using economic data are examined.

ECO 3200-3 Economic History of the U.S. (3 + 0)

Prerequisites: ECO 2010

This course examines historical trends in American economic organizations and institutions and their development from colonial times to the present. Topics include problems of national and regional industrial development, economic stability, and trends in income distribution.

ECO 3250-3 Labor Economics (3 + 0)

Prerequisite: ECO 2020

The study of the topics related to the supply of labor, the allocation of labor among uses, the extent and incidence of unemployment, and the determination of wages. Concentration is on application of economic theory to understand the behavior of labor and problems of labor markets.

ECO 3350-3 Urban Economic Analysis (3 + 0)

Prerequisite: ECO 2020

Analysis of the structure of urban economic activity and the economic aspects of urban problems. Particular emphasis is on urban poverty, location and differential growth rates of cities, urban transportation problems, housing problems, and selected problems in local government finance.

ECO 3450-3 Environmental Economics (3 + 0)

Prerequisite: ECO 2020

An economic analysis of the causes and consequences of environmental degradation and of public policy measures designed to preserve, protect, and enhance human environments.

ECO 3500-3 Managerial Economics (3 + 0)

Prerequisites: ECO 2020

This course applies economic theory to the decision making process faced both by private and public enterprise. The major emphasis is to provide the theory and tools essential to the analysis and solution of those problems which have significant economic consequences, both for the firm and the society at large.

ECO 3550-3 Global Economics and International Trade (3 + 0)

Prerequisites: ECO 2010 or ECO 2020

The course looks at the fundamental economic concepts needed for understanding international economic relationships. Topics addressed include international trade theory, capital movements, international monetary institutions, balance of payments adjustments and the impact of trade policies on economic development and growth.

ECO 4300-3 Public Finance (3 + 0)

Prerequisites: ECO 2020

This course analyzes the effects of taxation, government expenditures, fiscal policy, and public debt on the resource allocation and income distribution of society. Topics included in the course are taxation, pricing of public services, intergovernmental fiscal relations, and macroeconomic issues in public finance.

ECO 4400-3 Industrial Organization and Public Policy (3 + 0)

Prerequisites: ECO 2020

The course exams the structure, conduct, and performance of American and foreign industries. Questions of public policy in dealing with problems created by industrial concentration including the regulation of public utilities are examined. Industries are measured against the yardstick of the public interest.

ECO 4450-3 International Macroeconomics (3 + 0)

Prerequisites: ECO 3550 or ECO 3020

The course will use general equilibrium analysis to provide the foundation for international finance, the composition of international transactions, and determination of real national income and its distribution among factors of production. This theoretical framework is then applied to a host of economic problems. The alternative approaches to balance of payments equilibration are then explored in depth.

ECO 4500-3 Business and Economic Forecasting (3 + 0)

Prerequisite: ECO 2010 and (ECO 3150 or CMS 2300)

The course examines the general approaches to predicting macroeconomics activity and how these techniques are implemented into the management decision process. Topics include data acquisition, quantitative techniques, business cycle theories and macroeconomic forecasting, industry and sales forecasting.

ECO 4600-3 History of Economic Thought (3 + 0)

Prerequisites: ECO 2010, ECO 2020, senior standing, and satisfaction of all Level I and Level II General Studies course requirements

Survey of the development of economic thought from ancient to modern times. Topics include the classical school from Smith through Mill; Marxian economics; the marginalists; institutional economics; and Keynesian Macroeconomics. (Senior Experience)

ECO 4650-3 Advanced Macroeconomics (3 + 0)

Prerequisite: ECO 3020 or ECO 3100

The course analyzes monetary models and money as a policy determinant and its place in national and international economics. Topics include the importance of interest rates, the effectiveness of monetary and fiscal policy, the examination of portfolio balance models, and international models.

ECO 4700-3 Law and Economics (3 + 0)

Prerequisites: ECO 2020

This course focuses on the interaction between economics and the law. Topics include the effect of economic theory on the development of common law, the effect of legal analysis on economic institutions, economic analysis of law, and selected topics in negotiation.

ECO 4750-3 The Economic Approach to Politics (3 + 0)

Prerequisite: ECO 2020

The course will focus on the use of economic theory to analyze political decision making. This rational choice theory approach will examine such topics as voting rules and behavior, legislatures, bureaucracies, courts, interest groups and public policy outcomes.
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