2007-2008 Academic Catalog

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Economics

Additional courses are listed under Accounting and Business.

ECON 201 Principles of Microeconomics
3 hours. An introduction to the micro aspects of the social science concerned with the allocation of resources. Consideration is given to the fundamental principles governing production, distribution, consumption, and exchange of wealth. The course studies the behavior of microeconomic units such as individuals, households, firms, and industries. ECON 201 and ECON 202 are complementary courses; however, either course may be taken first.

ECON 202 Principles of Macroeconomics
3 hours. An introduction to the macro aspects of the social science concerned with the allocation of resources. Consideration is given to the fundamental principles of the economy as a whole, dealing with economic data, behavior, and theory at the aggregate level of the economy. The course studies topics such as government spending, taxation, and monetary policies, as well as events and issues in the global economy. ECON 202 and ECON 201 are complementary courses; however, either course may be taken first.

ECON 340 Public Economics
3 hours. Offered 2008-09. An overview of the economic role and impact of government, including topics in public finance, fiscal policy, monetary policy, and the banking system, and the economics of regulation.
Prerequisites: ECON 201 Principles of Microeconomics and ECON 202 Principles of Macroeconomics.

ECON 360 Global Political Economy
3 hours. An integrated view of the world economy, with particular attention to such topics as economic growth, debt crises, the distribution of wealth and income, the relationships between economic and political systems, the economics of peace and war, and environmental issues.
Prerequisite: ECON 201 Principles of Microeconomics or ECON 202 Principles of Macroeconomics.

ECON 430 Managerial Economics
4 hours. The course will focus on the application of economic theory and quantitative methods to management decision making. Topics include analysis of consumer demand and market structure, pricing practices, production and cost analysis, optimization techniques, forecasting, and risk analysis.
Prerequisites: ECON 201 Principles of Microeconomics, ECON 202 Principles of Macroeconomics, BUSN 240 Statistics for Business and Economics, and senior status.

ECON 460 International Trade and Finance
4 hours. An overview of international economics with attention to international trade, economic cooperation, foreign exchange, international banking, and global financial institutions. Attention is given to trade policies, bilateral and multilateral trade negotiations, the functioning of firms in the international economy, and reform of the global financial architecture. (Identical to INTL 460.)
Prerequisites: ECON 201 Principles of Microeconomics and ECON 202 Principles of Macroeconomics.

ECON 475 Field Experience
3-6 hours. Supervised experiences in business, financial and research firms, and government agencies. For upper-division students only, by permission.

ECON 485 Selected Topics
2-3 hours. Occasional special courses chosen to fit the interests and needs of students and faculty.

ECON 495 Special Study
2-3 hours. Subject matter and credit arranged for the needs of the individual student. For upper-division students only, by permission.