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Course Criteria
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3.00 Credits
3 cr. 3 hr. This course studies the principle of governmental expenditures and revenues. Attention is also devoted to the problems of public debt, fiscal policy and inter-governmental fiscal relations, particularly in reference to the United States. I Prerequisites: ECON 1200.
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3.00 Credits
3 cr. 3 hr. Within the framework of understanding the relationship between history and economic thought, this course covers the work of the great economists. Starting with the roots of economic thought in the works of the mercantilists and physiocrats, the course turns to the giants in political economy, including Adam Smith, David Ricardo, Karl Marx, Alfred Marshall and J. M. Keynes. Prerequisites: ECON 1100 and ECON 1200.
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3.00 Credits
3 cr. 3 hr. This course explores the theories of international trade and their links to theories of economic development and growth. Major current topics in the international economy, including economic competition among countries, debt problems in the Third World and North-South relations, are treated as practical issues against which the theories can be tested. I Prerequisites: ECON 1100, ECON 1200.
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3.00 Credits
3 cr. 3 hr. The course considers the theory and practice of financial management by governments, corporations and individuals in a changing international monetary environment. The course also discusses the influence of central governments, central banks, and international monetary institutions on interest rates, exchange rates, capital flows and financial stability. I Prerequisites: ECON 1100, ECON 1200.
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3.00 Credits
3 cr. 3 hr. As a second course and more advanced treatment of macroeconomics, this course provides a detailed examination of major topics in macroeconomics. Topics of discussion include theories of consumption, investment, and growth recession, as well as efforts by the government to stabilize the economy through fiscal, monetary, or other measures. This course introduces the Keynesian, neo-classical and Marxian models of the macroeconomy. I Prerequisites: ECON 1100, ECON 1200.
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3.00 Credits
3 cr. 3 hr. This course analyzes consumer and producer equilibrium in a market economy. The behavior of firms in the four market structures and the behavior of firms and individuals in input markets is examined. Applications of economic theory to concrete economic problems are emphasized. I Prerequisites: satisfactory completion of the College Mathematical Readiness requirement, ECON 1200.
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3.00 Credits
3 cr. 3 hr. This course is an introduction to econometric methods, statistical inferences and testing hypotheses. Model building techniques and their theoretical justifications are presented and evaluated in terms of their performance. Q Prerequisites: ECON 1100, ECON 1200, MATH 2200, MATH 2800 or permission of instructor.
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3.00 Credits
3 cr. 3 hr. Applied microeconomics or the application of economic theory and methodology to the practice of managerial decision making is the focus of this course. Case studies are emphasized in instruction. I Prerequisites: ECON 1100, ECON 1200, MATH 2200, MATH 2800 or permission of instructor.
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3.00 Credits
3 cr. 3 hr. The Independent Study is open to students who have the permission of the supervising instructor and the department. Course of study, meetings, and credit are arranged with approval.
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2.00 Credits
1 Internship in Economics 2 cr. 3 hr. The Internship provides work experiences in private or public firms. Students acquire skills useful to professional economists. Prerequisites: junior or senior standing, 3.00 Econ. cum, or permission of internship coordinator.
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