ECON 125 The American Economy (3) An introductory survey of the basic principles of
economics for those students who seek a knowledge of the functions of the contemporary
American economy.
ECON 151 Computer Application in Business (2) Introductory course using standard software
programs that frequently are encountered in business and management situations. Taught
through microcomputers and terminals.
ECON 200 International Economic Issues (3) This course has two principle objectives: 1) to
acquaint the student with the importance of cultural and political issues in world trade matters,
and 2) to review and analyze key current economic issues such as OPEC, the international debt
crisis, challenges to the global monetary order, the multinational corporation as a challenge to
the international system, economic development (aid relations between rich and poor states),
trade wars, the rise of global competition for resources and markets, and other timely issues.
ECON 214 World Production and Resource Use (3) The course examines world population,
resource use, production, consumption, trade, and transportation in different sectors such as
agriculture, manufacturing, and service. Further, it analyzes the possible impact of current and
changing economic situations of the world on our domestic economy.
ECON 221 Principles of Economics I (4) An introduction to economics with major emphasis
upon the determination of national income, employment, economic growth, monetary and fiscal
policy and the impact of ethical, social and political influences upon economic performance.
Prerequisite: Sophomore standing or permission of the instructor.
ECON 222 Principles of Economics II (4) A continuation of ECON 221 with major emphasis
upon microeconomics. Areas covered will include the economics of the firm and resource
allocation, current domestic economic problems, international economics, the underdeveloped
countries and the challenge of alternative economic systems. Prerequisite: ECON 221.
ECON 235 Statistics I (3) Collection, analysis and statistical interpretation of data that include
description of data, elementary probability theory, sampling, statistical estimation and inference.
(Cross-listed with MKT 235.) Prerequisite: MATH 141.
ECON 236 Statistics II (3) Application of statistical techniques to forecasting and other business
and economics problems. Topics covered are regression, correlation, analysis of variance, time
series and index numbers, some nonparametric techniques and Bayes' Theorem. (Cross-listed
with MKT 236.) Prerequisite: ECON/MKT 235.
ECON 301 Money, Credit and Banking (3) A basic course dealing in money through the study of
monetary theory and finance institutions, monetary history of the United States, the international
money system and current problems in monetary policy. Prerequisite: ECON 222, ECON/MKT
236 and Junior standing.
ECON 303 The Economics of Environmental Pollution (2-3) This course will be concerned with
the application of the tools of economic analysis from the areas of value theory and employment
theory to particular environmental problems, such as air and water pollution and recycling.
Prerequisite: ECON 222 and Junior standing.
ECON 304 Income and Employment Theory (4) An examination of the forces that determine the
general level of prices, employment and output. Prerequisite: ECON 222 and Junior standing.
ECON 315 The Price System (4) A study of the role of price in organizing economic activity.
Prerequisite: ECON 222 and Junior standing.
ECON 324 Economics of Labor (2-4) Development of labor organizations from the early
association of workers to the present. Analysis of the problems of control over wages, hours and
working conditions and the means to obtain and exercise this control by labor organizations.
Prerequisite: ECON 222 and Junior standing.
ECON 353 The History of Economic Ideas (4) This course searches for the origin of many of our
current economic policies in the writings of original contributors to economic theory. The
original works of Adam Smith, Karl Marx and many others are stressed. Prerequisite: Junior
standing.
ECON 360 Business Calculus (3) This course develops an intuitive understanding of calculus
concepts while emphasizing the usefulness of calculus to solve managerial, financial and
economic problems. Covers calculus topics most applicable to business situations. Prerequisite:
ECON 222 and MATH 141.
ECON 361 Mathematical Economics I (4) Functions, analytical geometry, differentiation,
integration, differential equations and their application in economics. Recommended for students
preparing for graduate study. Not intended for students who have had MATH 162. Prerequisite:
ECON 222 and Junior standing.
ECON 363 Business and Economic Forecasting (4) Theories and analysis of fluctuation in
economic activity. Forecasting techniques and formulation of short-term and long-term models
for business and government. Prerequisite: ECON 222, ECON/MKT 236 and Junior standing.
ECON 370 Regional Economics (3) The application of economic analysis to the location
decisions of firms, households and governments. Analysis of the level, distribution, stability and
growth of income and employment in economic regions. The course will include a resource base
as a class project. Prerequisite: ECON 222 and Junior standing.
ECON 375 Managerial Economics (4) The role and function of business firms in the economy
and the application of economic theory to managerial decisions, including theoretical models,
practical business cases and implications for public policy. Prerequisite: ECON 222,
ECON/MKT 236 and Junior standing.
ECON 390 Current Economics Problems (2-4) An examination of the contributions that
economic analysis can make to the solution of a diverse set of problems currently facing the
society. While the specific topics covered will vary, some typical examples might include the
energy crisis, exploitation and discrimination, income distribution, unemployment, inflation,
poverty and the negative income tax. Prerequisite: Junior standing.
ECON 402 Public Finance (4) A theoretical and institutional approach to government finance
organized around the allocation, distribution, stabilization and growth functions. Prerequisite:
ECON 222 and Junior standing.
ECON 424 Industrial Organization (3) The structure of industry is studied in terms of business
performance, behavior, and competitiveness. Topics include pricing strategies, integration of
business enterprises, and international comparisons. Economic efficiency is contrasted with
current antitrust laws. Prerequisite: ECON 222 and Junior standing.
ECON 441 International Economics (3) A general course in the field of international economic
relations with emphasis on the fundamentals of international trade theory. Prerequisite: ECON
222 and Junior standing.
ECON 461 Introduction to Econometrics (3) The formulation of models of economic behavior
and methods of estimating and testing these models. Some of the topics included are: time series,
cross section and factor analysis data, demand analysis and macroeconomic models. Prerequisite:
Junior standing and ECON 236 plus adequate mathematical background.
ECON 465 Economic Development (4) A study of economic development problems and
programs including a review of economic planning techniques. Prerequisite: ECON 222 and
Junior standing or permission of the instructor.
ECON 493 Directed Reading in Economics (1-4) Student must submit a plan of study for
approval before enrolling. Prerequisite: Junior standing and permission of instructor.
ECON 497 Senior Thesis (1-4) Student must submit a plan of study for approval before
enrolling. Prerequisite: Junior standing and permission of instructor.
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