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Course Criteria
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3.00 Credits
Application of micro-economic theory to important business decision-making. Analytical methods in production, cost, demand, marketing and pricing. Regression analysis applied to test and to estimate empirical models.
Corequisite:
Completion of the common core plus 18 additional hours and ECO 2302
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3.00 Credits
A survey of market structures and market performance as well as the role of government regulations and antitrust policy in different sections of the economy. Emphasis is placed on methods and techniques used in measuring market structures and performance. Public regulation is considered in both theory and practice.
Corequisite:
Completion of the common core plus 18 additional hours and ECO 2302
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3.00 Credits
This course emphasizes the theories and techniques which enable students to evaluate the role of government in modern economy more objectively. The course reviews theories of public expenditures and taxation. It also critically evaluates major U.S. government expenditure programs and tax policies.
Corequisite:
Completion of the common core plus 18 additional hours, ECO 2301 and ECO 2302
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3.00 Credits
Introduction to the methods and practices used by the oil and other industries to examine the economic viability of upstream oil and gas projects. Prepares students to perform economic evaluations and to critically review those done by others. Topics include cash flow analysis, economic indicators, risk and uncertainty, fiscal analysis, and techniques for valuing oil and gas properties and companies.
Corequisite:
MATH 1301, ECO 2301, and ECO 2302
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3.00 Credits
In depth and comprehensive analysis of macroeconomic theories and policies with real world applications. Alternative theories are evaluated using the IS/LM and the AD/AS models. The policy differences of these theories are critically examined. Topics include Business cycles, unemployment, inflation, interest rates, deficits and debts, economic growth, and Monetary and fiscal policies. Macroeconomic issues in the context of today┐s global economy are also explored.
Corequisite:
ECO 2301
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3.00 Credits
Comprehensive analysis of micro economic theories, policies, and applications will be undertaken. Topics include an analysis of the market system, marginal analysis and optimization behavior, consumer choice, production and cost, market structure models, resource markets, externalities, public choice, distribution theories and welfare economics.
Corequisite:
ECO 2302
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3.00 Credits
Selected topics in economics; intensive individual study under the guidance of a member of the economics faculty.
Corequisite:
Approval of department chair and dean
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3.00 Credits
Combines economic theory, quantitative methods and forecasting techniques to understand, analyze and forecast trends and fluctuations in business and economic activities. Emphasis on forecasting techniques such as smoothing methods, decomposition analysis, regression analysis, Box-Jenkins ARIMA methods and other advanced time-series techniques. Actual data and appropriate computer software will be used to provide hands-on experience to learn techniques and apply them for business and economic decision making.
Corequisite:
Completion of the common core plus 18 additional hours, ECO 2301 and a grade of C or better in STAT 3309
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3.00 Credits
This course focuses on the principles of foreign trade and covers theories concerning the reasons for trade. The course examines the monetary and real aspects of international trade and includes analysis of foreign exchange markets and balance of payments problems.
Corequisite:
Completion of the common core plus 18 additional hours, ECO 2301 and ECO 2302
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3.00 Credits
A study of demand and supply in the medical services industry. Specific issues include markets for medical education, health insurance, hospital care, physicians and nurses. The role of government in health and medical care such as Medicare, Medicaid and national health insurance is discussed.
Corequisite:
Completion of the common core plus 18 additional hours and ECO 2302
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