Economics Course Descriptions
ECON 2003: Principles of Economics I
ACTS Common Course - ECON 2103.
Macroeconomic analysis of output, income, employment, price level, and business fluctuations, including the monetary system, fiscal and monetary policy, and international economics.
ECON 2013: Principles of Economics II
ACTS Common Course - ECON 2203
Prerequisite: ECON 2003
Microeconomic analysis of consumer and producer behavior. Includes theory of production and cost, the effects of market structure on resource allocation, distribution of income, and welfare economics.
ECON 2103: Honors Principles of Economics I
Prerequisite: Admission to University Honors or permission of Honors Director.
Macroeconomic analysis of output, income, employment, price level, and business fluctuations, including the monetary system, fiscal and monetary economics, and international economics.
ECON 3003: Money and Banking
Prerequisites: ACCT 2013, ECON 2003 and 2013, BDA 2003, and (BUAD 2053 or PSY 2053 or STAT 2163). Additionally, must have a minimum GPA of 2.0 on 54 or more earned hours.
An overview of money, banking, and financial markets in the United States economy. Includes the functions of money, interest rates, the financial system, central banking, and monetary policy.
ECON 3013: Economics of Labor Relations
Prerequisites: ACCT 2013, ECON 2003 and 2013, BDA 2003, and (BUAD 2053 or PSY 2053 or STAT 2163). Additionally, must have a minimum GPA of 2.0 on 54 or more earned hours.
An overview of U.S. labor sector including demographic trends, labor unions, human capital issues and work-leisure values. A brief review of neo-classical wage theory with critiques. Selected labor sector issues such as global labor developments, public sector employment, migration/mobility and discrimination.
ECON 3023: Intermediate Macroeconomics
Prerequisites: ECON 2003, 2013, and MATH 2243
This course provides a systematic introduction to macroeconomic analysis. The fundamental theories and models concerning the functioning of the overall aggregate economy will be introduced. The course mainly focuses on analyzing the causes for long-run economic growth and short-run economic fluctuations. Emphasis will also be placed on the implications of various macroeconomic policies (fiscal, monetary, and other types of policies) based on theoretical models.
ECON 3073: Intermediate Microeconomic Theory
Prerequisites: ACCT 2013, ECON 2003 and 2013, BDA 2003, and (BUAD 2053 or PSY 2053 or STAT 2163). Additionally, must have a minimum GPA of 2.0 on 54 or more earned hours.
An examination of the theories of consumer behavior and demand, and the theories of production, cost and supply. The determination of product prices and output in various market structures and an analysis of factor pricing.
ECON 3093: Econometrics
Prerequisites: ECON 2003, ECON 2013, BDA 2003, and (BUAD 2053 or PSY 2053 or STAT 2163), and 54 earned hours or permission of the instructor.
This course develops the theory and applications of regression analysis, which is the primary tool for empirical work in economics. Emphasis is placed on techniques for estimating economic relationships, economic modeling, inference, and testing economic hypotheses in the context of real world problems. Students will also be exposed to other empirical techniques to prepare them for further studies.
ECON 4003: Readings in Economic Theory
Offered: On demand.
Prerequisites: ACCT 2013, ECON 2003, ECON 2013, BDA 2003, and (BUAD 2053 or PSY 2053 or STAT 2163). Additionally, must have a minimum GPA of 2.0 on 54 or more earned hours.
Advanced study on an individual basis is offered in money and banking, public finance, general economics, international trade, labor relations, transportation.
ECON 4033: Current Economic Problems
Prerequisites: ACCT 2013, ECON 2003 and 2013, BDA 2003, and (BUAD 2053 or PSY 2053 or STAT 2163). Additionally, must have a minimum GPA of 2.0 on 54 or more earned hours.
Emphasis is on a "way of thinking" about current economic problems including a conceptual context, critical thinking and problem solving approaches. Major domestic and global economic trends are reviewed. Current economic issues are selected for evaluation.
ECON 4073: World Economic Systems
Offered: On demand.
Prerequisites: ACCT 2013, ECON 2003 and 2013, BDA 2003, and (BUAD 2053 or PSY 2053 or STAT 2163). Additionally, must have a minimum GPA of 2.0 on 54 or more earned hours.
A study of the institutional framework of an economic system selected by the instructor. The course includes a visit to the country being studied.
ECON 4093: International Economics and Finance
Prerequisites: ACCT 2013, ECON 2003 and 2013, BDA 2003, and (BUAD 2053 or PSY 2053 or STAT 2163). Additionally, must have a minimum GPA of 2.0 on 54 or more earned hours.
A course designed specifically for economics and finance majors desiring an understanding of the interplay of economic and financial forces between nations. While developing the theoretical base underlying these forces, the course will emphasize practical aspects of cross border flows of goods, services, and capital from the point of view of the firm and the economy. Lecture and discussion will be supplemented by analysis of cases and current events where appropriate. The content of the course should be readily applicable to any private or public sector policy making situation involving an international dimension in which students find themselves.
ECON 4103: Economics Special Topics
Prerequisites: Junior or senior standing, minimum GPA of 2.000, and permission of the instructor.
Varies based on topics covered.
Note: May take for duplicate credit, up to 6 hours, if topic varies.