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ECON 277: Electives
0.00 - 999.00 Credits
Lake Superior State University
No course description available.
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ECON 277 - Electives
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ECON 302: Managerial Economics
4.00 Credits
Lake Superior State University
A study of the application of economic analysis to managerial decisions. Topics include the firm and its environment, demand estimation, production and cost analysis, optimization and profit maximization, analysis of markets, pricing strategy and analysis of project decisions. Prerequisite: Completion of Pre-Business Core and MATH112 or equivalent. (4,0) 4
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ECON 302 - Managerial Economics
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ECON 304: Money/Banking/Monetary Policy
3.00 Credits
Lake Superior State University
Monetary theory; study of financial institutions and central bank authorities; monetary policy and its limitations; changing structure of financial markets and industry; relationships between money, prices and national income. Prerequisite: Completion of Pre-Business Core and ECON201. (3,0) 3
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ECON 304 - Money/Banking/Monetary Policy
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ECON 305: Public Finance
3.00 Credits
Lake Superior State University
The economics of public finance, including taxation, public expenditures and fiscal policy. Rationale and objectives of government activity in a market system; distribution of tax burden; income redistribution effects of taxation and expenditure programs. Prerequisite: Completion of Pre-Business Core and ECON201 or ECON202. (3,0) 3
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ECON 305 - Public Finance
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ECON 307: Environmental Economics
3.00 Credits
Lake Superior State University
This course examines the application of economic analysis to problems of air, water, forests, fisheries, energy, and soil use; economic approaches to valuing the environment; the benefits and costs of pollution control; and alternative policy approaches to environmental problems with emphasis on emissions trading. Prerequisite: Completion of Pre-Business Core and ECON202. (3,0) 3
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ECON 307 - Environmental Economics
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ECON 308: Intermediate Microeconomics
3.00 Credits
Lake Superior State University
Theory of demand; consumer choice and utility analysis; production and cost analysis; price-output determination under the four market structures; resource allocation; public policy and managerial applications emphasized. Prerequisite: Completion of Business Core and ECON202. (3,0) 3
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ECON 308 - Intermediate Microeconomics
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ECON 309: Intermediate Macroeconomics
3.00 Credits
Lake Superior State University
Determinants and measurement of national income; theories of consumption and investment; aggregate economic analysis including IS-LM and aggregrate demand-aggregrate supply models; unemployment and inflation; stabilization policies; economic growth. Prerequisite: Completion of Pre-Business Core and ECON201. (3,0) 3
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ECON 309 - Intermediate Macroeconomics
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ECON 377: Electives
0.00 - 999.00 Credits
Lake Superior State University
No course description available.
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ECON 377 - Electives
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ECON 407: Introductory Econometrics
3.00 Credits
Lake Superior State University
This course provides an introduction to the theory and use of regression analysis to solve problems in economics. The classical regression model is developed and extended to multiple regression. Topics include data problems, model specification, multicollinearity, goodness of fit, qualitative independent variables, hetroscedasticity, serial correlation, qualitative and limited dependent variables, and forecasting. Prerequisites: Completion of Pre-Business Core and BUSN211 or MATH207, ECON201, ECON202, MATH112 or MATH151. (3,0) 3
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ECON 407 - Introductory Econometrics
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ECON 408: International Economics
3.00 Credits
Lake Superior State University
Pure theory of trade and comparative advantage; free trade versus protectionism; trade problems of developing nations; balance of payment accounting; exchange rates; international monetary systems. Prerequisites: Completion of Pre-Business Core and ECON201 and ECON202. (3,0) 3
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ECON 408 - International Economics
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