Economics

Economics Course Listing

Professor: Dr. Hsiao, Dr. Mostashari (Associate Dean), Dr. Zinkhan (Dean of Business School)

Associate Professor: Dr. Broadhurst (Chair), Dr. Smith

Assistant Professor: Dr. Harriss, Dr. Ruble, Dr. Yonai

Instructor:  Mr. Balard

Requirements for a Major in Economics (BS) (CIP 45.0601)
ACCT 213, 214; BADM 300, 314, 345; CIS 125, 235; ECON 223, 224, 333, 334, 453, 459 and twelve semester hours of economics. Electives must be selected from junior and senior-level courses. In addition to the above electives, the student must complete MATH 122.

Requirements for a Major in General Economics (AA) (CIP 45.0601)
CIS 125; ECON 223, 224, and six hours of economics electives selected from 300 and 400 level courses; ENGL 101, 102, and any one of 201, 202, 203, or 204 courses; PE 111 or 112, 185; Fine Arts 131; six semester hours of Government/Sociology electives; HIST 111, 112; MATH 111, 160; RELG 125; one laboratory science course from Biology, Chemistry, Environmental Science, or Physics; nine semester hours of unrestricted electives.

Economics Course Listing (ECON 000)

223 Macroeconomics (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 Microeconomics (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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