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Undergraduate Economics

2013 Fall Term

Class Schedule

PRINCIPLES OF MICROECONOMICS (GS)

ECON 201

Consumer and firm behavior. Market supply and demand and the price system. Monopoly and imperfectly competitive market structures. The pricing of factors of production and the distribution of income. Additional topics may include: poverty, growth and development; international trade. Conventional grade basis only if course is required in the College of Business for major.

Class Schedule

PRINCIPLES OF MACROECONOMICS (GS)

ECON 202

The economic problem: allocating scarce resources among alternative uses. The role of the market: supply and demand. The aggregate economy: output, income, employment and inflation. The nature and role of money. The effect of government expenditure and taxation on the economy. Conventional grade basis only if course is required in the College of Business for major.

Class Schedule

BUSINESS STATISTICS

ECON 245

An introduction to descriptive statistics, probability theory and statistical inference. Graphical and numerical methods of summarizing data. Probability concepts and theoretical probability distributions. Sampling and sampling distributions. Estimation, confidence intervals and hypothesis testing. Correlation and regression analysis. The course emphasizes the application and interpretation of statistical techniques.

Class Schedule

INTERMEDIATE MICROECONOMIC ANALYSIS

ECON 301

Consumer and firm behavior. Theories of consumption and production. Pricing of products and factors of production under different market structures. General equilibrium. Market failure, externalities and public goods.

Class Schedule

MONEY AND BANKING

ECON 354

The demand for and supply of money in historical perspective including the role of the banking system in the credit creation process. Financial markets, interest rates and economic activity. The Federal Reserve System, monetary policy and the macroeconomy.

Class Schedule

PUBLIC FINANCE

ECON 356

Economic analysis of public sector issues in relation to the overall economy including: market failure and the role of the public sector; the effects of government expenditures, taxation and borrowing on the allocation and distribution of resources; stability of the U.S. economic system.

Class Schedule

COMPARATIVE ECONOMIC SYSTEMS

ECON 359

Study of the modern theories of capitalism and socialism and their variants. Examination of the origin, organization, operation and performance of alternative economic systems. Contemporary economies considered are those of United States, Russia, China, Japan and selected economies from Eastern and Western Europe. Emphasis is on reform/transition efforts in these economies.

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BUSINESS CYCLES

ECON 402

An historical overview and theoretical interpretations of U.S. business cycle experience. U.S. business cycles in a global context, business cycle theories and stabilization policy.

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HISTORY OF ECONOMIC THOUGHT

ECON 404

A study of the development of economic ideas, with emphasis on classical, neo-classical, socialist, Keynesian and institutional schools of thought.

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INTERNATIONAL FINANCE AND BANKING

ECON 406

The monetary dimension of international economics. Balance of payments accounting; exchange rates, prices and interest rates; spot and forward foreign exchange; international financial markets and international banking; exchange rate systems and the role of central banks; open-economy macroeconomics; the international monetory system and current policy issues.

Class Schedule

ADVANCED ECONOMIC ANALYSIS

ECON 413

A survey of fundamental micro and macro economic theory that can be presented as mathematical models. The course emphasizes the use of models in positive economic analysis of areas such as consumer behavior, production, financial markets; and their role in facilitating rigorous analysis and developing testable predictions.

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ECONOMICS OF GLOBALIZATION

ECON 431

The course treats the political economy of trade, foreign investment and multinational corporations; the economic and social consequences of globalization; governments, markets, and the instruments of international economic and industrial policy; the World Trade Organization and recent issues--environmental and labor standards; intellectual property; services trade; the developing nations.

Class Schedule

URBAN REGIONAL AND TRANSPORT ECONOMICS

ECON 438

The economics of location. Zoning and land use planning. Urban sprawl and the urban/rural periphery. Real estate economics. The urban crisis in the US. The role of the automobile and the highway system. Public policy and the urban environment.

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EXCHANGE STUDY

ECON 497

Variable topics.

Class Schedule

INDEPENDENT STUDY

ECON 498

Study of a selected topic or topics under the direction of a faculty member. Repeatable. Department Consent required.