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| Department Courses |
| 102 Consumer Economics A course in " family" or "practical" economics, designed to teach students how they and their families can be intelligent consumers; that is, how they can spend, save, and borrow so as to maximize the value they receive for the income they have. Treats subjects such as intelligent shopping; the uses and abuses of credit; investing, savings, buying insurance, automobiles and houses; medical care costs; estates and wills, etc. |
110 Principles of Macroeconomics Macroeconomics deals with problems of the economic system as a whole. What influences the level of national income and employment? What is inflation and why do we have it? What is the role of government in a modern capitalistic system? How does business organize to produce the goods and services we demand? How are the American financial and banking systems organized? What is the nature of American unionism? What are the elements of government finance and fiscal policy? |
111 Principles of Microeconomics This course focuses upon microeconomics and selected current economic problems. It deals with the relatively small units of the economy such as the firm and the family. Analyzes demand and supply. Discusses how business firms decide what and how much to produce and how goods and services are priced in different types of markets. Also considers such problems as economic growth, international trade, poverty, discrimination, ecology, and alternative economic systems. |
220 Money and Banking Covers business fluctuations and monetary and fiscal policy; the financial organization of society; the banking system; credit institutions; capital markets, and international financial relations. Prerequisite: Econ 110. |
224 Urban Problems The application of economic theory to the study of significant social, political, and economic problems associated with urbanization, including poverty, employment, education, crime, health, housing, land use and the environment, transportation, and public finance. Analysis of solutions offered. Prerequisite: Econ 110 or 111, or consent of instructor. Alternate years. |
225 Environmental Economics A study of the relationship between environmental decay and economic growth, with particular reference to failures of the price and property-rights systems; application of cost/benefit analysis, measures aimed at the creation of an ecologically-viable economy. |
229 Business Cycle and Forecasting An introduction to the nature and history of business fluctuations, the tools used in aggregate analysis, theories that seek to explain the cycle, and techniques used in forecasting economic activity. Prerequisite: Econ 110 or consent of instructor. Alternate years. |
230 Econometrics Econometric models provide one of the most useful and necessary sets of tools for decision-making. By using a variety of modern statistical methods, econometrics helps us to estimate economic relationships, test different economic behaviors, and forecast different economic variables. Prerequisites: Math 103, Econ 110 and 111, or consent of instructor. Alternate years. |
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236 American Economic History This course examines topics in American Economic History from the post-Civil War era through World War II. Topics covered include the causes of the rise of big business as the dominant means of production, the emergence of the union movement, the growth of the U.S. economy to the largest in the world, and the changing role of government in the economic system. |
240 Economic Geography An introduction to the theory and the practice of economic geography with emphasis upon the historical dynamics of local, regional, and global organization. This course considers the forces reshaping global economic geography including the factors that determine the competitive advantage of nations. These factors include resources such as food, energy, materials, and changing patterns of world population. Also included will be theoretical literature regarding local decisions and choice, as well as the rapidly changing global economy in the context of trade theory and the shifting focus of international economic activities. |
327 Public Choice
This course focuses on the
application of economics to the political process of voting and
bureaucratic behavior. A major theme will be the study of problems
that can occur within the democratic process because the incentives
given to public servants do not always match society's best interest.
Policies and institutions that can improve such problems will be
explored. U.S. elections and campaigns will provide many of the
applications for the class. Prerequisite: Econ 110 or 111, or
consent of instructor. Alternate years.
330 Intermediate Microeconomics
An advanced analysis of contemporary theory regarding consumer demand, production costs and theory, profit maximization, market structures, and the determinants of returns to the factors of production. Prerequisite: Econ 110. Alternate years.
331 Intermediate Macroeconomics
An advanced analysis of contemporary theory and practice with regard to business fluctuation, national income accounting, the determination of income and employment levels, and the use of monetary and fiscal policy. Prerequisite: Econ 110. Alternate years.
332 Government and the Economy
An analytical survey of government's efforts to maintain competition through antitrust legislation to supervise acceptable cases of private monopoly, through public utility regulation and via means of regulatory commissions, and to encourage or restrain various types of private economic activities. Prerequisite: Econ 110 and 111, or consent of instructor.
335 Labor Problems
The history of organized labor in the United States, including the structure of unions, employers' opposition to unions, the role of government in labor-management relations and the economic impact of unions. Prerequisite: Econ 110or 111, or consent of instructor. Alternate years.
337 Public Finance
An analysis of the fiscal economics of the public sector, including the development, concepts, and theories of public expenditures, taxation, and debt at all levels of American government. Also includes the use of fiscal policy as an economic control device. Prerequisite: Econ 110 and 111, or consent of instructor. Alternate years.
343 International Trade
A study of the principles, theories, development, and policies concerning international economic relations, with particular reference to the United States. Subjects covered include: U.S. commercial policy and its development, international trade theory, tariffs and other protectionist devices, international monetary system and its problems, balance of payments issues. Prerequisite: Econ 110 and 111. Alternate years.
349 Management Practicum
An apprentice-level work experience for junior or senior economics majors jointly sponsored by the department and a public or private agency (or a subdivision of the college itself) designed to better integrate classroom theory and workplace practice. In addition to attendance at a weekly seminar, students will spend 10-12 hours per week at the sponsoring agency per unit of credit. At least one-half of the effort expended will consist of academic work related to agency activities.
440 History of Economic Thought
A discussion of the origins, development, and significance of the economic ideas embodied in the works of Smith, Marx, Schumpeter, Keynes, and others. Prerequisite: Econ 110 or consent of instructor. Alternate years.
441 Managerial Economics
The application of economic theory and methodology to the solution of business problems. Subjects include: optimizing techniques, risk analysis, demand theory, production theory, cost theory, linear pro- gramming, capital budgeting, market structures, and the theory of pricing. Prerequisite: Econ 110 and 111.
470-479 Internship
Typically off-campus in business, banking, or government, supervised by assigned employee of sponsoring organization.
N80-N89 Independent Study
Superior students may select independent study in various courses, particularly in preparation for graduate school.
490-491 Independent Study for Departmental Honors
