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Course Criteria
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3.00 Credits
Goal To explore in greater detail the incentives which determine individual and firm behavior. We will do this by practicing the application of the microeconomic way of thinking. Introductory courses rely primarily on intuition and logic as the basis for theory; Intermediate courses develop theory from a more mathematical perspective. Content This course is a continuation of the study of the nature of decision making in markets. Primary emphasis is placed upon the development of models which explain the behavior of consumers and producers, the importance of market structures, and the appropriate role of the government. Taught Spring. Alternate years. Prerequisite ECO 102, 104, and MAT 205. Credit 3 hours.
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3.00 Credits
Goal To acquaint students with the principles and institutions of financial and capital markets, and with the financial operations of a business firm. Content Study of basic financial principles with an emphasis on interest rate determination in competitive market economies, the capital asset pricing model and operation of securities markets. Taught Fall. Prerequisite ACC 201, ECO 102 or 104, and MAT 220. Credit 3 hours.
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3.00 Credits
Goal To familiarize students with the historical and philosophical foundations of economic thought. Content Students will study ethical and logistical roots of economic thought and their impact on the economic theory developed by Smith, Ricardo, Mill, Marx, Hayek and Keynes. The course will also explore the various concepts of freedom, and the extent to which capitalist and socialist economies satisfy these definitions of freedom. Taught Fall. Alternate years. Gen. Ed. Category Critical thinking. Credit 3 hours.
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3.00 Credits
Goal To study the impact of economic change on women by analyzing how age, sex and race hierarchies modify changes in women's roles in different societies of Asia, Africa and Latin America. Content This course will focus on the effects of economic growth on the socioeconomic status of women. Most importantly, students will study the means by which patriarchy has persisted in various parts of Africa, Asia and Latin America by redefining itself, even as economies have modernized. The course will also explore the socioeconomic effect of export industries owned by multinational firms on the lives of women in Southeast Asia and Latin America. Taught Fall. Alternate years. Gen. Ed. Category Critical thinking. Credit 3 hours; cross-cultural; cross-listed as WST 210.
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3.00 Credits
Goal To analyze and understand the rapidly changing financial market, emphasizing the role of money and banking institutions in the economic system. Content Analyzes money in the economic organization, monetary theory, methods of stabilizing the price level, theories of bank deposits, discount policy, and the regulation of credit by central banks and the interest rates. Taught Fall. Alternate years. Prerequisite ECO 102 and 104. Credit 3 hours.
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3.00 Credits
Goal To study the theory of international trade with special emphasis on the gains from trade, the terms of trade, the balance of payments, foreign exchange rates, and international monetary systems. Content Examination of international economics from the standpoint of theory, with a special emphasis on several current topics: the growing economic strength of the Pacific Rim, Europe, and the rapidly changing economics of Eastern Europe and the former Soviet Union. Taught Spring. Alternate years. Prerequisite ECO 102 and 104. Credit 3 hours.
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3.00 Credits
Goal This course provides an introduction to methods of quantitative analysis of economic data. Content This course reviews basic statistical methods and probability distributions. Topics include data management using professional statistical software applications, multiple regression analysis, hypothesis testing under conditions of multicollinearity, heteroscedasticity, and serial correlation. Taught Fall. Alternate years. Prerequisite ECO 102, ECO 104, and MAT 220. Credit 3 hours.
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6.00 Credits
Goal To provide an opportunity for exploration of a topic not offered as part of the curriculum. A student may take no more than six semester hours in special topics courses. Content Examination of special topics, problems, or issues in economics that seem particularly relevant to student needs and interests. Topics announced annually. Taught Offered occasionally. Prerequisite Dependent on topic. Credit 3; 3 hours.
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3.00 Credits
Goal To provide the student with the opportunity for independent study, under careful supervision, of significant topics in economics selected in consultation with the instructor. Content Varies. Taught Fall, Spring. Prerequisite Permission of the department chair. Credit 1-9 hours.
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3.00 Credits
Goal To provide the student with intensive, specialized work experience in the area of economics. Content Observation and participation in the work of economics professionals. Taught Fall, Spring, and Summer. Prerequisite Adequate course work for the placement selected and permission of the faculty advisor; approval of the Director of Career Development. Credit 1-9 hours.
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