ECO 211 Introduction to Macroeconomics
- An introduction to national income theory, the process
of the creation and control of the money supply, and fiscal monetary policy.
- Prerequisite: None.
ECO 212 Introduction to Microeconomics
- An introduction to the operation of the price system
in determining the allocation of resources with applications of economic
theory to current domestic and international topics.
- Prerequisite: ECO
211.
ECO 215 Critical Thinking About Economic
Policy
- Basic economic frameworks applied to the analysis of
contemporary economic issues. The development of student abilities to analyze
and reach a policy conclusion is emphasized. Students will work together
in small teams.
- Prerequisite: None.
ECO 312 Economics of Labor
- Goals and philosophies of labor unions and management,
union government, description and analysis of collective bargaining, government
policy toward unions and labor law, labor markets and union impact on wages.
- Prerequisites: ECO
211 and 212.
ECO 314 International Economics
- Gains from an international economy, barriers to international
trade, international monetary systems and analysis of economic problems
such as economic development, balance of payments deficits and regional
economic integration.
- Prerequisites: ECO
211 and 212.
ECO 316 Comparative Economic Systems
- A study of various contemporary economic systems. Models
of a capitalist market economy, centrally planned socialism and market
socialism are analyzed. Cases of economic systems such as those of Japan,
U.S., China, Russia and Eastern Europe are studied. The special problems
and policies associated with the transition from a planned economy to a
market economy are examined.
- Prerequisites: ECO
211 and 212.
ECO 410 Money and Banking
- The role of commercial banks and the federal reserve
system in the creation and control of the money supply; analysis of the
relationships between the money supply, level of economic activity, price
level and interest rates; and the role of monetary policy in economic stabilization.
- Prerequisites: ECO
211 and 212.
ECO 412 Public Finance
- A study of the structure and principles of evaluation
of government expenditures, description and analysis of tax systems, fiscal
policy and current policy issues.
- Prerequisite: ECO
211 and 212.
ECO 414 Microeconomics
- A study of the role of the pricing of products and productive
services in the operation of the economy. Consideration is given to the
issues of efficiency, monopoly, inequality, consumer welfare and an application
of economic analysis to a variety of policy issues.
- Prerequisites: ECO
211 and 212.
ECO 416 Macroeconomics
- Theories of national income determination and its fluctuations,
economic stabilization policies and economic growth.
- Prerequisites: ECO
211 and 212.
ECO 419 Seminar in Special Topics
- A seminar designed to give faculty and advanced students
in economics an opportunity to study current theoretical developments,
issues and policies in economics. Specific topics vary with the interests
of faculty and students.
- Prerequisite: consent
of instructor. Upon request.
ECO 450 Independent Study
- Reading and research open to juniors and seniors majoring
in economics and other majors who have a background adequate for research
on problems with important economic content. Approval of the Director of
the Center for Business and Economics is required. Upon request.
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