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Course Criteria
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3.00 Credits
Economic thinking applied to persistent economic problems and issues in a market economy. Emphasis on implications for government policy rather than on the underlying theory. Topics include the nature of an economic system, demand and supply, monopolies, pollution and public goods, ethics and law, unemployment, inflation, the Federal Reserve System and money. Credit, 3 semester hours.
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3.00 Credits
This course focuses on the individual decisions in the market economy. After an overview of how a market economy works, the course develops theories of consumer behavior, the behavior of firms in various degrees of competition, and workers' decision to offer labor. Government regulation of markets is also examined. Credit: 3 semester hours.
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3.00 Credits
This course offers an overall picture of the operation of our economy. The course focuses on how the economic system determines the level of national income, the unemployment rate, and the rate of inflation. Fiscal, monetary, and supply-side policies are discussed. Credit: 3 semester hours.
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3.00 Credits
Geographic analysis of the location, development and distribution of major industries, resources, agricultural products, and economic services. Study of economic development problems and prospects. Credit, 3 semester hours.
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3.00 Credits
This course is a rigorous analysis of resource allocation, price determination in a market economy, consumer behavior (constrained utility maximization), theory of the firm (constrained profit maximization), and production and pricing behavior under various market structures. Credit, 3 semester hours. PREREQ: A "C" or better in MAT 2150 or 2210 and in ECN 2020.
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3.00 Credits
Study of money, financial institutions, and markets and their roles in the economy. Coverage includes organization and functions of financial intermediaries, structure of financial markets and financial instruments, application of time value of money to bond pricing and yield calculations, algebraic approach to the supply and demand for money and interest rate determination, term- and risk structures of interest rates, the Keynesian macroeconomic model, and the algebraic approach to analyzing the effects of money and credit on national incomes, prices, and interest rates. While this course is substantially the same as FIN 3040 and covers the same set of topics, it places more emphasis on policy-oriented macroeconomic analysis. Credit, 3 semester hours. PREREQ: A "C" or better inMAT 2150 or 2210 and in ECN 2030.
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3.00 Credits
A descriptive and analytical study of government revenues and government expenditures. Includes federal, state, and local levels of government. Credit, 3 semester hours. PREREQ: ECN 2020 or ECN 2030.
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3.00 Credits
A study of the United States economy from colonization to the present. Credit, 3 semester hours. PREREQ: Permission of instructor.
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3.00 Credits
A comparative study of alternative economic systems, including communism, socialism, and capitalism. Credit, 3 semester hours. PREREQ: ECN 2020, ECN 2030.
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3.00 Credits
Examines the nature of the labor markets and problems dealing with labor groups. Topics include history of the labor movement, union structure, labor law, collective bargaining. Credit, 3 semester hours. PREREQ: ECN 2020, ECN 2030.
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