|
|
|
|
|
|
|
|
|
|
Course Criteria
Add courses to your favorites to save, share, and find your best transfer school.
-
4.00 Credits
F and S. An intermediate-level study of macroeconomic theory emphasizing analysis of general business activity and the implications of changing business conditions for business and public policy. Basic forecasting techniques are explained and the use of forecast information in firm and individual decision- making are evaluated. Computer lab work is used to demonstrate the application of economic theory to business planning and forecasting. Prerequisites: Economics 222, Information Systems 171, and Mathematics 143, 243, or 343.
-
3.00 Credits
F. This course initially introduces students to regional economic and location theory and then explores regional issues of metropolitan development as they relate to national economic growth. Basic concepts of the study that will be examined include location determinants, land use, inter-regional economic flows of people and resources, exports, infrastructure, and transport systems. Tools of national and regional forecasting and the concept of social accounting systems will be taught to help analyze and develop appropriate policy by business firms and governments at different levels. The course will illustrate applications of theory and policy by considering, typically, the West Michigan economy. Questions concerning economic health of downtown districts, transportation problems, urban sprawl, the role of lending agencies and realtors, and local governmental cooperation with business will be considered in the course. Prerequisites: Economics 221, 222, Mathematics 143, or their equivalents.
-
3.00 Credits
S. A study of the principles of money, banking, and credit with emphasis on monetary theory and policy and their role in domestic and international economics. Prerequisite: Economics 222.
-
3.00 Credits
A study and evaluation of business strategies in imperfectly competitive markets, including entry barriers, pricing, product differentiation, vertical integration, and mergers. Examination of relevant public policies, such as antitrust law and utility regulation. Prerequisite: Economics 221. Not offered in 2008/2009.
-
3.00 Credits
S. A study of labor markets and their relationship to the economy as a whole, including labor-force participation, human-capital formation, wage theory, discrimination, unemployment, income distribution, labor unions, and related public policies. Prerequisite: Economics 221.
-
3.00 Credits
F and S. A study of the characteristics of poor nations in many regions of the world, and of factors that cause and influence economic development within countries. After examining conditions within poor nations, students analyze theories of economic growth and economic development. Subsequently, the course investigates differences and similarities in human and capital resource endowments, production, and trade relations. Problems, possibilities, and policies are analyzed in each of these topic areas. Prerequisites: Economics 221 and 222.
-
3.00 Credits
S. A study of international economic relations, stressing the fundamentals of trade theory, the balance of payments, problems of international disequilibrium, trade barriers, and efforts to promote international economic stability and growth. Prerequisite: Economics 222.
-
3.00 Credits
S. A study of the economic effects of government spending and taxation on resource allocation and on the distribution of income. Students analyze the economic role of government, and current policy issues and the political process regarding taxation and government spending. Prerequisite: Economics 221.
-
3.00 Credits
F. An introduction to econometric methods that are frequently used in applied economic research and business practice. Emphasis on creating, interpreting, and critically evaluating empirical results. Topics include the classical linear regression model, functional form, dummy explanatory variables, binary choice models, heteroskedastic and autocorrelated disturbance terms, and an introduction to simultaneous-equation and time-series models. Students learn to write their own programs in a major statistical programming language. Prerequisites: Mathematics 132 and 143 or their equivalents.
-
3.00 Credits
F. This course provides students with a deeper understanding of microeconomic theory than at the intermediate level. Students will be exposed to recent topics in microeconomics , including game theory, the economics of information, and behavioral economics. They will also learn to build economic models to analyze economic phenomena. Prerequisites: Economics 325 ( including the statistics and calculus cognates) Not offered 2008/2009.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Privacy Statement
|
Terms of Use
|
Institutional Membership Information
|
About AcademyOne
Copyright 2006 - 2025 AcademyOne, Inc.
|
|
|