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  • E/M 271: History of Economic Thought

    1.00 Credits
    Gustavus Adolphus College

    Growth and development of theories and doctrines of major economists with emphasis on the classical and neo-classical schools, Austrian school, and theories of Karl Marx, concluding with Keynesian aggregative economics and post-Keynesian concepts. Prerequisites: E/M-101 and E/M-102. Spring semester, odd years.
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  • E/M 272: Financial Markets and Institutions

    1.00 Credits
    Gustavus Adolphus College

    An intermediate level study of financial markets and financial institutions. Topics include the structure and performance of money, capital, derivatives and foreign exchange markets, the pricing of assets in these markets, risk and term structure of interest rates, financial intermediation and the role of depository and non-depository financial institutions, financial system architecture, central banking, and monetary theory. Prerequisites: E/M-101, E/M-102, and E/M-130. Fall and Spring semesters.
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  • E/M 280: Public Finance

    1.00 Credits
    Gustavus Adolphus College

    Theory, character, and trends in public expenditures, revenues, and debt management of governments, local, state, and national. Prerequisites: E/M-101, E/M-102, and E/M-130. WRITD, Spring semester, even years.
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  • E/M 281: Government and Business

    1.00 Credits
    Gustavus Adolphus College

    This course examines the interaction of government and business in a market economy. Students will apply economic theory to an analysis of the legal and institutional aspects of government regulation. Topics include: antitrust law (mergers, price-fixing, monopolization, etc.); economic regulation and deregulation in markets for energy, transportation, and telecommunications; and social regulation in the areas of environmental protection, occupational safety and health, and consumer protection. Prerequisites: E/M-101, E/M-102. Fall semester.
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  • E/M 282: Labor Economics

    1.00 Credits
    Gustavus Adolphus College

    This course examines the many dimensions of labor markets, from both the demand and supply sides. The emphasis is primarily from a microeconomic perspective, with a focus on policy issues. Specific topics include: labor supply and demand, both in aggregate and at the firm or individual levels; education and training policies; poverty and welfare policies; discrimination; unions and collective bargaining; labor history and labor law; and contemporary policy issues. Prerequisites: E/M-101 and E/M-102. WRITD, Spring semester, odd years.
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  • E/M 283: International Trade and Finance

    1.00 Credits
    Gustavus Adolphus College

    A study of the fundamentals of international trade and finance. Topics include theory of international trade; trade policy and protectionism; regional trade agreements; international factory movements and multinational enterprises; foreign exchange markets; balance of payment;, the international monetary system; international finance; banking, risk, and the world debt; the World Trade Organization; and macroeconomic policy in an open economy. Emphasis will be on understanding the impacts of globalization and policies in a global community. Prerequisites: E/M-101, E/M-102, and E/M-130. Spring semester.
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  • E/M 284: Economic Development and World Resources

    1.00 Credits
    Gustavus Adolphus College

    This course is a study of the factors influencing the economic modernization of less developed countries, including cultural, human, and natural factors involved in the appearance and disappearance of economic resources. Topics include economic growth and development, poverty and income distribution, food problems, population growth, environment and development, sustainable development, capital formation, investment allocation, structural transformation, planning, markets, the role of the state, privatization, Third World debt, development planning, macroeconomic stabilization policies, and the international economics of development. The effect of economic advancement on the rates of resource utilization and its implications for less-developed countries, more-developed countries, and world resources will be examined. Prerequisite: E/M-101. WRITD, Fall semester.
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  • E/M 291 ,391: Independent Study

    3.00 Credits
    Gustavus Adolphus College

    This permits wide latitude for well-qualified students to do supervised, individual study and/or research in a field of special interest. Open only to students majoring in the department and with permission of the department. Fall and Spring semesters and Summer.
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  • E/M 330: Auditing

    1.00 Credits
    Gustavus Adolphus College

    This course introduces the student to auditing theory and practice. Topics include auditors' professional responsibilities, auditors' legal responsibility, evaluation of audit evidence, internal control evaluation, statistical sampling, and audit reports. The course includes exercises designed to introduce the student to "real life" auditing decisions. Prerequisite: E/M-230, E/M-232, and computer competency. Fall semeste
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  • E/M 337: Advanced Accounting:Consolidations

    0.50 Credits
    Gustavus Adolphus College

    An analysis of accounting for corporations with multiple divisions or subsidiaries. Topics covered include the accounting for mergers and acquisitions, consolidated financial statements, segmented financial data, and accounting for foreign operations. Prerequisite: E/M-232. Spring semester, second half.
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