Apr 29, 2024  
Undergraduate Catalog 2020-2021 
    
Undergraduate Catalog 2020-2021 [ARCHIVED CATALOG]

Course Descriptions


 

Economics

  
  • ECO 1895 Special Topics


    1-3 Hours

  
  • ECO 1990 Independent Study


    1-3 Hours

  
  • ECO 2210 Principles of Macroeconomics


    3 Hours

    An introductory course in macroeconomic theory. Primary emphasis is placed upon the study of economic aggregates. Topics to be studied include: the basic operation of a market economy; national income accounting, the determination of employment, output, and the price level; the banking system, fiscal, monetary, and supply-side economic policies.

  
  • ECO 2220 Principles of Microeconomics


    3 Hours

    An introductory course in microeconomic theory. Primary emphasis is placed upon the study of the behavior of individual decision-making units. Topics to be studied include: demand and supply analysis, the theory of consumer behavior, the theory of the firm, market structures and resource allocation, and resource price-employment determination.

  
  • ECO 2895 Special Topics


    1-3 Hours

  
  • ECO 2990 Independent Study


    1-3 Hours

  
  • ECO 3000 Labor Economics


    3 Hours

    Prerequisites: ECO 2210  or ECO 2220 

    An extension of economic principles to labor markets. Primary emphasis is placed on household and firm decision-making units within the labor market. Topics to be studied include: labor demand and supply, wage differentials, minimum wage legislation, unemployment, investment in human capital, worker mobility, effects of labor unions, gender, race, and ethnicity in the labor market, and earnings inequality.

  
  • ECO 3200 Mathematical Economics


    3 Hours

    Prerequisites: ECO 2210   or ECO 2220  

    The course introduces students to the major mathematical tools used in modern economics. As such,
    mathematical concepts and tools with frequent applications in economics are developed in this class.
    The tools to be discussed and applied include equilibrium, slopes, derivatives, unconstrained
    optimizations (e.g. maximizing profits), constrained optimizations (such as maximizing utility subject
    to a budget constraint), dynamics and optimal control theory. By the end of the class, you should be
    familiar with the language of mathematics and how to use it to better understand economics.

  
  • ECO 3220 Money and Banking


    3 Hours

    Prerequisites: ECO 2210  or ECO 2220 .

    The course is an introduction to money, monetary policy and banking.  The changing U.S. financial environment and the influence of the monetary policy on interest rates, prices and the overall level of economic activity are covered.  The aim is to provide students with an overview of the U.S. financial and banking system and an understanding of the theory and practice of monetary policy.

  
  • ECO 3260 Intermediate Macroeconomics


    3 Hours

    Prerequisites: ECO 2210  

    An extension of ECO 2210  designed to provide students with a richer treatment of modern macroeconomic principles and policy. Topics include national income and employment determination, unemployment and inflation, economic growth theory and policy, monetary and fiscal policy, and the influence of international trade and trade policy on the U.S. economy.

  
  • ECO 3270 Intermediate Microeconomics


    3 Hours

    Prerequisites: ECO 2220  

    An extension of ECO 2220 , designed to provide students with a firm grasp of modern microeconomic principles and their application. Topics include consumer behavior and demand analysis, production and cost analysis, resource price and employment determination, market structure and performance, and the influence of public policy on industry performance.

  
  • ECO 3310 Healthcare Economics


    3 Hours

    Prerequisites: ECO 2220 

    This course will guide students to understand how economic principles apply to the market for healthcare.  Topics of study will include cost-benefit analysis, the market for insurance, the pharmaceutical industry, the private markets for physicians and hospital services, and the potential roles for government in healthcare.  The course will include a brief survey of alternate healthcare delivery systems and models for reform.

  
  • ECO 3600 Econometrics


    3 Hours

    Prerequisites: MTH 1240  or MTH 1150  and ECO 2210  or ECO 2220 .

    This course is designed to introduce basic econometric principles as an essential tool for economic analysis.  Probability concepts along with simple linear and multiple regression techniques will be the primary focus of the course.  Students will become skilled at using computer software as one of the most powerful tools to perform business research and will gain knowledge of research skills that can be applied in their professional careers or graduate studies.

  
  • ECO 3800 Comparative Economic Systems


    3 Hours

    Prerequisites: ECO 2210  or ECO 2220 .

    This course investigates the organization of economic systems in the world’s major industrialized nations. Through comparative analysis of social, private sector, and governmental institutions, students learn the strengths and weaknesses of national economies. The economics of China, the European Union, Japan and the Commonwealth of Independent States are the primary areas of interest for this course. Particular emphasis is placed upon the impact of globalization in each economy.

  
  • ECO 3895 Special Topics


    1-3 Hours

  
  • ECO 3950 Studies Abroad


    3-18 Hours

    Study in a foreign country. Individual course titles and locations are assigned for each course taken. See Studies Abroad program for details.

  
  • ECO 3990 Independent Study


    1-3 Hours

  
  • ECO 4000 Internship in Economics


    1-3 Hours

    Prerequisites: Approval of Economics Faculty Coordinator

    A coordinated learning experience focused upon providing students with practical training in business or government. One semester hour of credit will be awarded for every four to five hours of work per week. A maximum of three semester hours may be applied toward the economics major or minor.

  
  • ECO 4200 History of Economic Thought


    3 Hours

    Prerequisites: ECO 2210  or ECO 2220 .

    A study in the development of economic thought from ancient to modern times with primary emphasis on the Classical, Neo-classical, and Keynesian periods.

  
  • ECO 4330 International Capital Markets


    3 Hours

    Prerequisites/Corequisites: FIN 3210 , INB 3300  or permission of instructor.

    This course analyzes the key financial markets and instruments that facilitate international trade and investment activity. The economic determinants of exchange rates in the major financial markets are studied and the financial tools and techniques used to manage exchange rate exposure by the firm are identified and explored. Cross Listed with FIN 4330  and INB 4330 .

  
  • ECO 4400 International Economics


    3 Hours

    Prerequisites: ECO 2210  or ECO 2220 .

    An examination of the special problems and issues surrounding the economic interaction of sovereign nations. Topics include gains from trade, patterns of trade, balance of payments, determination of exchange rates, free trade and protectionism, international capital markets, and issues in international policy coordination. Cross Listed with INB 4400 .

  
  • ECO 4500 Global Managerial Economics


    3 Hours

    Prerequisites: ECO 2220 .

    Studies the application of economic principles to managerial decision-making within the context of the global environment.  Topics included demand and cost analysis, production principles and analysis, measurement and analysis of profits, pricing principles and practices, supply chain management considerations, trade finance options and the influence of market structure on business decisions for enterprises in the United States and the wider international community.

  
  • ECO 4600 Business Forecasting


    3 Hours

    Prerequisites: MTH 1240  or MTH 1150 ; and ECO 2210  or ECO 2220 .

    The course is designed to introduce students to forecasting employing basic statistics tools and statistical software. Students will be exposed to various business data resources and will learn how to manage data for both research and forecasting purposes.  The course will cover several forecasting techniques widely used in business and economic analysis and will allow students to gain experience at building and evaluating different forecasts.

  
  • ECO 4700 Economic Growth and Development


    3 Hours

    Prerequisites: ECO 2210  or ECO 2220.

    A survey of contemporary economic theories on the determinants of national economic welfare with particular emphasis placed on overcoming the challenges confronting developing countries. Course provides a historical, socio-political, theoretical, and institutional context for discussing poverty, wealth, capital accumulation, and international aid.

  
  • ECO 4895 Special Topics


    1-3 Hours

  
  • ECO 4950 Studies Abroad


    3-18 Hours

    Study in a foreign country. Individual course titles and locations are assigned for each course taken. See Studies Abroad program for details.

  
  • ECO 4990 Independent Study


    1-3 Hours