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Course Criteria
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3.00 Credits
An introduction to the study of open economy macroeconomic principles. It is concerned with the behavior of the economy as a whole. The course focuses on three major goals. First, to help students understand the nature of certain macroeconomic problems and institutions. Second, to help students master certain tools of macroeconomic analysis and third, to help students develop an ability to apply these tools to the macroeconomic problems that our society confronts. It is useful for students concentrating in other fields. This course is open only to students in the University Honors Program.
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3.00 Credits
An introduction to microeconomic principles. Students are introduced to the analytical tools of microeconomics used to examine the behavior of consumers and producers and how they interact in various types of market structures to determine prices and outputs. Students are also introduced to market failures and to alternative policies that may be implemented to deal with them. The analyses of some topics, however, are conducted at a more advanced level in this course due to its honors level status. This course is open only to students in the University Honors Program.
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3.00 Credits
Designed for students in Business and Economics, it introduces them to the basic elements of probability and statistics, covers descriptive statistics, elements of probability theory, properties of discrete and continuous random variables, sampling estimation, hypothesis testing, analysis of variance and regression analysis. The application of these concepts to problem solving in business and economics is emphasized. Also see Enrollment Requirements.
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3.00 Credits
Explores such basic concepts as the consumption and investment function, the theory of income determination, the role of money and the theory of the price level. Also stresses growth and inflation, applying macroeconomic theory to current problems of public policy. Also see Enrollment Requirements.
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3.00 Credits
Covers all major aspects of microeconomic theory: consumer behavior and market demand, production, costs and the theory of the firm. Special emphasis on the determination of prices and outputs under alternative market structures. Treatment of market failures and alternative policies that might be implemented to address them. Also see Enrollment Requirements.
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3.00 Credits
An examination of the role of money, credit and financial intermediation in the economic system; development of monetary theory with special emphasis on current theories and their policy implications. Also see Enrollment Requirements.
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3.00 Credits
Continues material of ECON 323 with hypothesis testing for population variances, chi-square goodness-of-fit tests and chi-square tests of independence. Introduces analysis of variance and simple and multiple regression models under the classical least square assumptions. Also introduces estimation techniques under the violation of these assumptions. Computerized software packages are used. Also see Enrollment Requirements.
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3.00 Credits
Sports are truly business, big business and off-field economic decisions determine on-field outcomes. This course is designed to apply rigorous economic thinking to the professional sports industry, an industry that offers an almost endless set of opportunities to examine the economic principles that underlie so much of the behavior we observe. Because sports economics cuts across a wide array of economic fields, the course will devote itself primarily to the study of three prominent areas: the industrial organization of sports, public finance and sports, and the labor economics of sports. The course¿s intended audience is students majoring or minoring in economics, business, general management, and sports management. The course has two prerequisites; 1. MGT 423; and 2. Student has achieved junior status or has done ECON 101 or 102
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3.00 Credits
ECON 334 Capitalism, Globalization, and Consumption (3) Lecture This course presents students with a systematic analysis of the origins, emergence and transformations of modern capitalism. It examines the role of the money, open markets, mass consumption, and the logics of globalization. It introduces most recent critiques of global capitalism. Students will learn about the interfaces and discontinuities between the economy and society, and in particular about economic market integration and its impact on states and societies. Material includes works of Gilpin, Greenfeld, Lindblom, de Soto, Soros, and Weber.
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3.00 Credits
Focuses on the behavior of the large industrial firm as it functions in modern-day capitalism. Topics include both the neoclassical and managerial theories of the firm, oligopolistic pricing, mergers, vertical relationships, advertising, research and development, as well as an analysis of the structure, conduct and performance of selected industries. Also see Enrollment Requirements.
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