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  • ECO 260: Government and the American Economy

    3.00 Credits
    Assumption University

    This course is a chance to examine the relationships between government and business with a view to improving and developing our system by examining Supreme Court decisions. It deals with the consequences of public policy toward business and the court decisions which interpret legislation. A sizeable volume of the material deals with the legal and economic environment of anti-monopoly policy. The more recent drive to deregulate is also included. Any upper-class student is welcome. Prerequisites: ECO 110-111. (Fall, as needed) Kantarelis/ Three credits
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  • ECO 264: Comparative Economic Systems

    3.00 Credits
    Assumption University

    This course compares the characteristics of planned, market, and mixed economies. It then focuses on the process of transition from planning to the market that is taking place in the countries of Central and Eastern Europe. It examines such areas as transfer of firm ownership from the state to private investors, removal of price controls, macroeconomic stabilization, and international economic relations of countries such as Russia, Poland, Hungary, and the Czech Republic. Prerequisite ECO 110, 111. (Spring) Kantarelis, Rao/ Three credits
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  • ECO 310: Microeconomic Theory

    3.00 Credits
    Assumption University

    The primary purpose of this course is to develop the ability to analyze the economic behavior of individuals, businesses, and government, in the light of economic principles. Topics include consumer theory, production and costs, various market structures and related models, and welfare considerations. Should be taken before Senior year. Prerequisites: ECO 110-111. (Fall) Charlebois, Fahy, Kantarelis, Rao/ Three credits
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  • ECO 311: Macroeconomic Theory

    3.00 Credits
    Assumption University

    The modern theory of aggregate economic behavior is considered through development of comparative static models that include the principal aggregate variables associated with determination of levels of output, employment and prices. The problems of economic growth are introduced by using a limited number of the basic dynamic models. Should be taken before Senior year. Prerequisites: ECO 110-111. (Spring) McGee, White/ Three credits
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  • ECO 315: Econometrics

    3.00 Credits
    Assumption University

    Through the provision of tools for testing economic and business hypotheses, the aim of this course is to assist the student in better understanding the formulation of econometric models, the use of actual data, and the interpretation of the results. Specifically, the course is concerned with the statistical measurement and testing of theoretical relationships. It begins with a review of hypothesis testing and correlation, and it covers simple and multiple linear and non-linear regression, parametric estimation with time series and cross section data, and simultaneous models. Applications to economics and business are emphasized. Prerequisite: ECO 115 or permission of instructor. (Offered as needed.) Fahy, Kantarelis/ Three credits
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  • ECO 323: Labor Economics

    3.00 Credits
    Assumption University

    This course applies economic theory to labor market issues. It makes use of the analytical tools of micro- and macroeconomics in an examination of productivity, pricing, and allocation of labor resources. Public policy issues are covered including discrimination, manpower development, income maintenance programs, collective bargaining, and unemployment. Prerequisites: ECO 110-111. (Spring, Alternate Years) Charlebois/ Three credits
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  • ECO 325: Corporate Finance

    3.00 Credits
    Assumption University

    Introduction to the principles and techniques utilized in the financial management of business. Topics to be covered include: interpretation of financial statements, time value of money, stock and bond valuation, ratio analysis, risk and return, capital budgeting, cost of capital, leverage, and capital structure. Prerequisites: ECO 110-111, ACC 125. (Fall, Spring) Fahy, McGee, White/ Three credits
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  • ECO 329: Monetary and Financial Institutions

    3.00 Credits
    Assumption University

    A study of the role of money and monetary institutions in the economy. A parallel development of the monetary theory and institutions that determine public monetary policy and its influence on domestic and international economic activity. Prerequisites: ECO 110-111. (Fall) McGee, White/ Three credits
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  • ECO 331: I ndustrial Organization

    3.00 Credits
    Assumption University

    The course is concerned with the organization of industries in a market environment. It focuses on the market structure, conduct, and performance of industries in the USA. In addition, attention is given to antitrust policy regarding price-fixing agreements, control of market structures, and restrictions on conduct. Prerequisites: ECO 110-111. (Offered as needed.) Fahy, Kantarelis/ Three credits
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  • ECO 340: T he Economics of Sports

    3.00 Credits
    Assumption University

    This course applies economic modeling to a number of issues surrounding professional and college sports in the United States. Market structure and game theory will be used to analyze the decision making process for the owners of professional sports teams. Public financing issues are addressed in the context of the funding of stadiums and arenas. A number of labor market topics will be examined including monopsony, labor unions and the economics of discrimination. Finally, collusion, game theory and human capital investment are examined in the context of college sports. Prerequisites: ECO 110 and 115. (May be taken with ECO 115) (Spring, Alternate Years) Fahy/ Three credits
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