UNIVERSITY CATALOG: 2017-2018

Courses

ECON 101. Economics for Everyday Life (3)

Prerequisite: Not open to Business and Economics majors or to students who have credit for ECON 160 or ECON 161. Introduction to economic principles. Explains the role of prices and profits/losses in guiding production to meet the demands of consumers in a market economy. Uses economic analysis to explain the determination of wages and employment, the consequences of international …

ECON 156. Introduction to Economic Analysis and Policy (3)

Prerequisite: Qualifying scores on ELM and EPT or exemption, or satisfactory completion of appropriate developmental courses. Uses economics to analyze public policy options in the areas of healthcare, urban and regional development, international trade, education, housing, financial market regulation, job creation and other topical areas. (Available for General Education, Social Sciences.)

ECON 160. Principles of Microeconomics (3)

Prerequisite: Qualifying scores on ELM and EPT or exemption, or satisfactory completion of appropriate developmental courses. Introduction to economics as it applies to the functioning of markets, businesses and households. The class examines how individuals make decisions about how to use scarce resources efficiently and how these decisions affect markets and the overall economy. Effect …

ECON 161. Principles of Macroeconomics (3)

Prerequisites: ECON 160; Qualifying scores on ELM and EPT or exemption, or satisfactory completion of appropriate developmental courses. Introduction to economics as it applies to the national and international economy. Topics that the course covers include differences in standards of living across countries, the monetary system and the determinants of inflation, and the factors causing …

ECON 175. Introduction to U.S. Economic History (3)

This course covers events in the U.S. from the middle of the 17th century to the present. The class uses economic analysis to examine social, political and economic events from the Colonial Period to the present. Students who earn credit for this course may not earn credit for ECON 375. (Meets Title 5 requirement in …

ECON 307. Economics for Marketing Professionals (3)

Prerequisites: ECON 160; Grade of a “C” or better in MATH 103 or MATH 150A or MATH 255A. Economic theory and applications relevant to marketing professionals. Topics include analysis of business location decisions, identifying relevant markets, product pricing strategies and the role of advertising in product differentiation. (Marketing majors may substitute this course for ECON 310.)

ECON 308. Economics for Managers (3)

Prerequisites: ECON 160 and ECON 161; Grade of a “C” or better in MATH 103 or MATH 150A or MATH 255A. Connects economic theory to practical issues faced by firm managers. Focuses on the way economic theory affects the firm’s behavior both internally and externally. Internal issues include organizational structure and contract design, especially as these issues …

ECON 309. The Use and Interpretation of Economic Data (3)

Prerequisites: ECON 160 and ECON 161; SOM 120 or MATH 140; Grade of a “C” or better in MATH 103 or MATH 150A or MATH 255A. Understanding the use and interpretation of economic statistics in the mainstream media and economic literature. Topics covered include identifying and understanding the misuse of economic statistics, as well as performing some statistical …

ECON 310. Price Theory and Applications (3)

Prerequisites: ECON 160; Grade of a “C” or better in MATH 103 or MATH 150A or MATH 255A; Completion of the lower division writing requirement. The operation of the price system in market-oriented economies. Special emphasis is placed on consumer behavior, business behavior, market organization, the theory of production and cost, economic welfare and applications to …

ECON 311. Money, Banking and the Federal Reserve (3)

Prerequisites: ECON 160 and ECON 161; Grade of a “C” or better in MATH 103 or MATH 150A or MATH 255A; Completion of the lower division writing requirement. Examination of money markets, the Federal Reserve system, foreign exchange markets, the international financial system and their relationship to macroeconomic policy. Topics of special interest include the determination of …

ECON 320. Labor Economics (3)

Prerequisites: ECON 160 and ECON 161; Grade of a “C” or better in MATH 103 or MATH 150A or MATH 255A. Analyses of the determinants of hours worked, labor productivity, labor demand, variation in wages, human capital investment and labor mobility. Examines the effect of alternative pay schemes, the impact of discrimination on wages and employment, and …

ECON 348. History of Economic Institutions (3)

Prerequisites: ECON 160 and ECON 161; Grade of a “C” or better in MATH 103 or MATH 150A or MATH 255A. Examines the development of economic institutions and their effect on economic growth from an international perspective. Compares the development of economic institutions in Europe, Asia and the Middle East.

ECON 350. Urban Economics (3)

Prerequisite: ECON 160; Grade of a “C” or better in MATH 103 or MATH 150A or MATH 255A. Analysis of the formation and location of cities, the distribution of activities and the variation of land prices within urban areas. Economic analysis of urban housing and blight, poverty, pollution, congestion, law enforcement, optimal city size, urban finances and …

ECON 355. Health Economics (3)

Prerequisites: ECON 160 and ECON 161; Grade of a “C” or better in MATH 103 or MATH 150A or MATH 255A. This class uses economic theory to analyze problems created by the complexities of healthcare markets. These problems include the widespread use of insurance, the important role of asymmetric information, the extent of government involvement, the role …

ECON 360. Environmental Economics (3)

Prerequisites: ECON 160; Grade of a “C” or better in MATH 103 or MATH 150A or MATH 255A; Completion of the lower division writing requirement. Focuses on environmental issues and policies. Areas include air, water, noise and toxic waste pollution, quality of life concerns, and open space and recreational area availability. Benefits and costs of current and …

ECON 365. Law and Economics (3)

Prerequisites: ECON 160 and ECON 161; Grade of a “C” or better in MATH 103 or MATH 150A or MATH 255A. Examination of the effects of the legal system on the allocation of resources. Selected topics include the economic implications of property rights, contract law, product liability and the criminal justice system.

ECON 370. Economic Development (3)

Prerequisites: ECON 160 and ECON 161; Grade of a “C” or better in MATH 103 or MATH 150A or MATH 255A. Class examines why standards of living differ across countries. Economic growth models are used to explain cross-country differences in economic performance. Emphasis is placed on the role of institutions, such as private property rights, in the …

ECON 375. Economic History of the United States (3)

Prerequisites: ECON 160 and ECON 161; Grade of a “C” or better in MATH 103 or MATH 150A or MATH 255A. History of U.S. economic development, including economic analyses of major historical issues.

ECON 401. Macroeconomic Theory (3)

Prerequisites: ECON 309, ECON 310 with a “C” or better, ECON 311. Upper Division Writing Proficiency Exam (UDWPE) score of 8 or higher. Neoclassical, Keynesian and modern theories of the determination of aggregate output, employment and the general price level. Monetary and fiscal policy.

ECON 405. International Economics (3)

Prerequisites: ECON 309, ECON 310 with a “C” or better and ECON 311; Upper Division Writing Proficiency Exam (UDWPE) score of 8 or higher. Examines world trade in goods, services and assets. Explains why nations trade, the distribution effects of trade and the consequences of trade policy. Other topics include exchange rates, the balance of …

ECON 409. Introduction to Econometrics (3)

Prerequisites: ECON 309, ECON 310 with a “C” or better; Upper Division Writing Proficiency Exam (UDWPE) score of 8 or higher. How to estimate relationships between economic variables using actual data. Techniques taught are used to test economic theory and hypotheses from business. Each class member completes a term project involving the construction and estimation …

ECON 410. Industrial Organization (3)

Prerequisites: ECON 310 with a “C” or better; Upper Division Writing Proficiency Exam (UDWPE) score of 8 or higher. Examination of the structure, conduct and performance of American industries in both a theoretical and empirical framework. Selected topics include effects of concentration, barriers to entry, empirical cost curves, economics of scale, oligopoly behavior models, product …

ECON 411. The Economics of Antitrust and Regulation (3)

Prerequisites: ECON 310 with a “C” or better; Upper Division Writing Proficiency Exam (UDWPE) score of 8 or higher. Economic analysis of government policies to alter or maintain market structures and the economic implications of these policies. Selected topics include the problem of antitrust, regulation and public ownership of industry, mergers, price discrimination, capital intensity …

ECON 412. Seminar in Economic Thought (3)

Prerequisites: ECON 310 with a “C” or better; Upper Division Writing Proficiency Exam (UDWPE) score of 8 or higher. Seminar in the evolution of economic theory with emphasis on mercantilism, physiocracy, classical economics and socialism.

ECON 433. Public Economics (3)

Prerequisites: ECON 309, ECON 310 with a “C” or better; Upper Division Writing Proficiency Exam (UDWPE) score of 8 or higher. The class examines interaction that takes place between the government and private sectors of the economy. Effects of taxation and public expenditure decisions on the allocation of resources. Specific topics include public goods, public …

ECON 496A-Z. Experimental Topics Courses – Economics (3)

Prerequisite: Upper Division Writing Proficiency Exam score of 8 or higher. Course content to be determined. (See subtitles in appropriate schedule of classes.)

ECON 498A-C. Field Assignments and Reports (1-3)

Prerequisite: Upper Division Writing Proficiency Exam score of 8 or higher. Individual study pertaining to present or future career. Student must have active, approved employment. Consultation with employer and instructor determines program. Academic Internship course. (Credit/No Credit only)

ECON 499A-C. Independent Study (1-3)

Prerequisites: Consent of department chair; Consent of an instructor to act as sponsor; Upper Division Writing Proficiency Exam score of 8 or higher. In order to complete an Independent Study assignment in the College of Business and Economics, a student must have at least a 3.0 overall GPA, a 2.0 GPA in all major courses …

ECON 500. MBA Survey of Economics (3)

Survey course of the basic principles governing the allocation and utilization of resources. Microeconomic topics include wage and price determination, market mechanisms, efficiency and related issues concerning industry structure. Macroeconomic topics include financial markets and the determination of national income, employment and inflation.

ECON 600. Economics of Strategy (3)

Prerequisite: ECON 500 or equivalent. An economic analysis of the modern business organization, including its horizontal and vertical boundaries, industry-level competition and structure, competitive advantage and its short-term and long-term sustainability, and sources of productivity, especially human resources. Macroeconomic and international influences on business decisions are also covered.

ECON 699. Independent Study (3)

Prerequisite: Permission of graduate advisor. Only those graduate students who have a current 3.0 GPA may register in a 600-level Independent Study course.