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Course Criteria
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3.00 Credits
This course introduces econometrics and business forecasting to undergraduate students using an intuitive approach that emphasizes economic modeling. The primary objective of the course is to show students how econometrics and forecasting are distinguished by the unification of theory with facts by creating testable hypotheses, estimating economic relationships, and forecasting the behavior of economic variables and agents. Prerequisites: FIN 3351, QBA 3370.
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3.00 Credits
This course is designed to review the health care industry, giving attention to the supply and demand for health care services. Critical issues examined include the economic mechanism of the health care industry, methods of payment, cost-effectiveness and benefit-cost analysis, national health insurance plans and government policies. The economics of the present health care system are analyzed in relation to the poor and minorities. Prerequisites: ECO 2311, ECO 2312.
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3.00 Credits
The purpose of this course is to discuss the differences and similarities between various economic systems in which businesses operate. The course will compare several variants of capitalist and socialist systems and discuss the recent events that have changed the world. These topics will be analyzed in the context of country case studies. The course will address the problems of economic growth, development standard of living, as well as and business cultures in those countries. Most issues covered in class will be related to current economic and political events. Prerequisites: ECO 2311 and ECO 2312.
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3.00 Credits
This course is intended as a one-semester introduction to the economic analysis of the law for students of economics and related social science fields. Students will apply the principles of the rational choice model of behavior to explain the evolution of Western legal institutions and the structure of modern law. Specific topics addressed in the course are: the relationship between legal systems, incentives, and behavior; the evolution of private property rights and market economies; the relationship between the law, efficiency, and equity; and the economic analysis of torts, contracts, and criminal law. After completing this course, students will be able to better understand the nature of the legal system, the effect of changes in laws on their welfare and the welfare of others, and to critically evaluate legal debates. Prerequisites: ECO 2311 and ECO 2312.
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3.00 Credits
The intent of this course is to provide individuals with knowledge of how economics can be used to analyze both illegal market and non-market behavior so that effective policies can be made to deter illegal behavior. In this course, students will learn how to use economic theory to see how policies enacted to reduce crime actually increase it, how policies undertaken to reduce corruption actually contribute to it and how policies enacted to combat terrorism actually assist it. In addition, students will learn how to combat each of these elements by focusing on strategies that are designed to reduce these plagues on society. Among the topics covered in the course are how to use economic theory to analyze insurance fraud, illegal immigration, organized crime, murder, rape, the death penalty, terrorism, corruption, the black market, smuggling, arson, and tax evasion. Prerequisites: ECO 2311.
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3.00 Credits
This course is a study of the different types of economic systems. Emphasis will be given to capitalist and market economics, which are to be contrasted with collectivist systems. Prerequisites: ECO 2311 and ECO 2312.
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3.00 Credits
Economics faculty and senior students meet to plan and execute an approved independent business research project, wherein each student demonstrates his or her ability to solve a business economics problem using appropriate research methods. The student will design, conduct and statistically analyze data to solve a research question. The student will complete both an oral and written presentation of the business economics project. Prerequisite: ECO 3316.
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3.00 Credits
This course is designed to study and analyze national economic and political objectives as they relate to international economics and international cooperation. Students do not earn credit for both ECO 4316 and POS 4316. Prerequisites: ECO 2311, ECO 2312.
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3.00 Credits
This course covers some of the basic labor issues of our time, the relationship between labor and management, labor organizations, collective bargaining, labor legislation and national and regional manpower problems. Prerequisites: ECO 2311 and ECO 2312.
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3.00 Credits
This course examines the current trends in financial institutions, the Federal Reserve System and its influence on the domestic credit structure, money and the macro-system, monetary policy instruments, targets and goals, and international transactions. Prerequisites: ECO 2311 and ECO 2312.
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