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  • ECO 110: Principles of Microeconomics

    3.00 Credits
    Assumption University

    An examination of the basic theory and performance of the household, business, and government in determining the nature of the output of the economy and its distribution among the members of the society. Policy issues considered may include public control of business, labor unions, agriculture, the environment, income distribution and poverty, and international trade. (ECO 110 may be taken to satisfy the General Education requirement for Social Science.) Prerequisite: MAT 111. (Fall, Spring) Staff/ Three credits
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  • ECO 111: Principles of Macroeconomics

    3.00 Credits
    Assumption University

    Analysis of the basic theory of aggregate economic activity and the application of the theory to current policy problems. Topics include national income accounting, the determinants of the level of income and employment, money and banking, fiscal and monetary policies, and economic growth and stability. Prerequisite: ECO 110. (Fall, Spring) Staff/ Three credits
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  • ECO 115: S tatistics

    3.00 Credits
    Assumption University

    The purpose of this course is to develop an understanding on an introductory level of how statistical inferences are made in the face of uncertainty. The underlying role of probability is stressed. A secondary purpose is the application of various test designs to formulate research questions. These designs include: t tests, analysis of variance, chi square analysis, and linear regression. (ECO 115 may be counted as a “second”Math in the General Education requirement if MAT 114 or higher is taken as a first course.) Prerequisite: MAT 111. (Fall, Spring) Charlebois, Fahy, Kantarelis, Seidler/ Three credits
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  • ECO 120: I ntroduction to Global Studies

    3.00 Credits
    Assumption University

    The course introduces students to several of today’s most pressing global issues and demonstrates how they are interconnected. It explores, subject to various perspectives, the issues of global conflict, security and peace, including weapons proliferation; global economics, including trade and capital flows; development; and the natural environment. Attention is devoted to the debate over globalization and the development of international institutions. (Fall) (Same as GEO 120). Available to freshmen/sophomores or by permission. Kantarelis,/ Three credits
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  • ECO 210: Economics of Women and the Family

    3.00 Credits
    Assumption University

    This course examines economic aspects of the lives of women and families. It looks at economic decisions within the family, such as the division of labor, and factors affecting the decision to work outside the home. It then looks at the underlying reasons for the gender wage gap and poverty among women. Finally, women’s current status in the U.S. is compared to the past, and what it is like today in other countries. Prerequisites: ECO 110. (Spring, Alternate Years) Fahy/ Three credits
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  • ECO 212: Economics of the Public Sector

    3.00 Credits
    Assumption University

    Micro-economic and macro-economic theory are applied in an analysis of the role of the public sector in the United States economy. Following a consideration of the institutional arrangements that determine the magnitude of local, state, and federal taxes and expenditures, micro-theory is applied to the analysis of the impact of public finance on private sector behavior. Prerequisites: ECO 110-111. (Spring, Alternate Years) Charlebois, Fahy/ Three credits
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  • ECO 230: Law and Economics

    3.00 Credits
    Assumption University

    The objective of the course is to show how economic thinking may facilitate legal thinking in its attempt to “create”efficient legal rules. After an overview of micro-economics and legal institutions, the course turns to the economics of the principal areas of the common and criminal laws. More specifically, it deals with the existing economic theories of property, contracts, torts, crime, and their applications. Prerequisites: ECO 110-111. (Spring, Alternate Years) Kantarelis/ Three credits
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  • ECO 233: Ur ban Economics

    3.00 Credits
    Assumption University

    The course introduces students to the major economic issues facing metropolitan areas. Topics that will be discussed include how and why cities are formed; urban housing markets and land-use patterns; the impact that local public finance and zoning decisions have on urban development; economic causes of the concentration of poverty in inner cities; and the causes and consequences of urban sprawl. Prerequisite: ECO 110-111. (Fall, Alternate Years) White/ Three credits
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  • ECO 235: Environmental Economics

    3.00 Credits
    Assumption University

    The course examines the relationship between the environment, markets, and business organizations. After an overview of the economics of the environment, it focuses on (among other topics) property rights; externalities; human population problems; the allocation of depletable, renewable, and other resources; cost-benefit analysis; regulation and taxation; and the trading of pollution rights. Prerequisite: ECO 110. (Fall, Alternate Years) Kantarelis, White/ Three credits
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  • ECO 252: Economic Development

    3.00 Credits
    Assumption University

    Using problems encountered by less developed countries, theories of development are presented. The course addresses problems of capital accumulation, resources and population issues, strategies for agricultural and industrial development, government’s role, and relationships between developing and developed economies. Latin American Studies majors will focus their case work and writing on Latin American economic issues. Staff/ Three credits
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