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Course Criteria
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3.00 Credits
Microeconomics is the study of how households and businesses interact in the marketplace as consumers, producers, and workers. It analyzes supply, demand, and price determination in markets, consumer behavior, the operation of the firm in competitive and monopolistic markets, and the determination of wages. Prerequisite: ECON 101.
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3.00 Credits
This course covers techniques of descriptive and inferential statistics and their applications to economics. Related topics such as index numbers, time series, and forecasting are also covered. The course emphasizes the use of computer software to solve statistical problems. Prerequisite: ECON 101.
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4.00 Credits
Economic outcomes differ according to race and gender. This course investigates the economic experiences of women and minorities in the U.S. economy to provide a thorough understanding of the economic constraints facing diverse groups in the economy. This course introduces students to the analytical approaches used by economists to critically assess the causes and consequences of gender and racial differences in earnings, labor force participation, occupational choice, and the division of labor within the home. The impact of economic institutions and policy on the economic behavior of women and minorities is emphasized. Prerequisite: ECON 101.
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3.00 Credits
This course looks at the theories and realities of globalization and the evolution of the international financial system. Some of the topics that we will touch upon are exchange rates and exchange rate regimes, currency markets, contracts, parity conditions, international bond and equity markets, balance of payments, multinational corporations and international debt. Prerequisites: ECON 101 and ECON 252.
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3.00 Credits
The purpose of this course is to bring about a better understanding of the dynamics involved in the evolution of urban economies. Using the foundations of microeconomic theory, the course examines not only the socioeconomic forces underlying urban areas, but also the relationship between these forces and the policies that local governments implement in order to provide the goods and services we demand. Prerequisites: ECON 101 and ECON 252.
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3.00 Credits
This course explores the basic applied techniques of management decision-making such as optimization, decision and risk analysis, materials management, distribution network models, waiting line models, and forecasting. The use of case studies and computer applications is emphasized. Prerequisites: ECON 101, ECON 252, and ECON 253.
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4.00 Credits
Examines the sources and availability of financial data and explores the use of financial data to evaluate corporate performance and evaluate investment strategies. Topics will include ratio analysis, risk, measurement, and forecasting methods. Prerequisites: ECON 101, ECON 353 or permission of the instructor.
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3.00 Credits
Focuses on the problems of environmental degradation and on the role of economic incentives, in both causing and correcting these problems. U.S. environment policies on air, water, and toxic substances are analyzed, using the economic concepts of efficiency, costs, and benefits. Prerequisite: ECON 101.
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3.00 Credits
This course looks at the structure and behavior of the industries in an economy. In particular, it is concerned with pricing, investment, regulation, and strategic behavior in industries that are not perfectly competitive. Prerequisites: ECON 101, ECON 252.
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3.00 Credits
Examines the legal basis for the corporation and the instruments used to establish and finance its growth. Investigates the types of securities used by corporations to raise funds in terms of their risk level. Emphasis on solutions of financial policy faced by corporate financial managers. Prerequisites: ECON 101, ECON 252, and ECON 253.
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