Economics
Course Listing (ECON 000)
223
Macro Economics (3)
A
study of the national economy with emphasis on economic institutions,
determination of national income, economic fluctuations, functions of money
and banking, the economic role of government, labor problems, international
trade, and economic growth.
224
Micro Economics (3)
A
study of the individual business firm, with emphasis on an analysis of demand,
supply, and costs; production and pricing under various market conditions;
allocation of economic resources and determination of the shares of the
national income paid to the different factors of production.
333
Intermediate Economic Theory (3)
Analysis
of the determination of prices and of market behavior including demand, costs
and production, pricing under competitive conditions, and pricing under
monopoly and other imperfectly competitive conditions. Prerequisites: ECON 223
and 224.
334
Money, Income, and Employment (3)
A
study of the method and concepts of national income analysis with particular
reference to the role of monetary and fiscal policy in maintaining full
employment without inflation. Prerequisites: ECON 223 and 224.
357
Public Finance (3)
A
study of the revenues and expenditures of federal, state, and local government
with an analysis of the types of taxes and expenditures, and of government
policy and its impact on full employment, economic growth, and national
income. Prerequisites: ECON 223 and 224.
448
International Finance (3)
Topics
include foreign exchange markets, exchange rate determinations, balance of
payment problem, open macroeconomic policy and international financial
organization. Prerequisites: ECON 223 and 224.
449
International Trade (3)
A
study of positive and normative theories of international trade.
Topics include: Determinations of international trade, welfare
implications of international trade, commercial policies, and economic
integration. Prerequisites: ECON 223 and 224.
453
Money and Banking (3)
The
function and development of money, credit, and banking, with emphasis on the
Federal Reserve System and its policies for maintaining economic stability.
Prerequisites: ECON 223 and 224.
454 Labor Economics (3)
An
economic analysis of labor-market conditions and labor-related issues including
unemployment, wage determination, working hours, trade unions, and government
policy. Human capital theory is also introduced. Prerequisites: ECON 223 and
224.
455
Comparative Economic Systems (3)
Comparative
analyses of the economic theories, institutions, and operation of communist,
socialist, fascist, and capitalist systems. Prerequisites: ECON 223 and 224.
456
History of Economic Doctrine (3)
A
survey of the development of economic thought from ancient times until the
present, the relation of economic doctrines to the problems of the period, and
to the other sciences. Prerequisites: ECON 223 and 224.
459
Senior Seminar in Economics (3)
Selected
topics with small classes. Prerequisites: ECON 223 and 224.
460
Independent Study (3)
Offered
with permission of department chairman.
490
Economics Internship (3)
Economics-related
employment experience with an approved organization. Related term paper
required. Prerequisites: junior standing (at least), declared major in
Economics, overall grade point average of 2.0 or greater, and completion of an
independent study contract.
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