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Course Criteria
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3.00 Credits
Examines various economic reasons that may justify government involvement in the economy with particular focus on the problems inherent in government intervention. It considers topics such as the efficiency and fairness of alternative taxing systems, the growth and effects of government debt, and public choice (how spending and taxing decisions are made). It analyzes various government programs such as Social Security, health care, expenditure programs for the poor, etc. Prerequisite: ECON 2306.
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3.00 Credits
A review of the economic effects of laws and legal institutions, including property rights, the common law of contracts and torts, regulations, and crime and punishment. Prerequisite: ECON 2306.
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3.00 Credits
Basic economics principles applied to the analysis of professional and amateur sports. Topics include fan demand, advertising, team output decisions, league/conference organization, sports rules, and government regulations. The course is designed for both business and economics majors. Prerequisite: ECON 2306.
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3.00 Credits
Develops the theory of consumer behavior and firm decision-making using tools of marginal analysis and game theory. Uses these insights to develop competitive equilibrium. Explores reasons for imperfect markets including market power, externalities and information asymmetries. Prerequisite: ECON 2306 and 60 credit hours.
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3.00 Credits
Interactions among private sector behavior, government policies, central bank actions and international events, and their effects upon the resulting national living standard, employment, growth, and prices. Particular emphasis upon modeling and the macroeconomy. Prerequisite: ECON 2305, 3303, and 60 credit hours.
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3.00 Credits
Explains market structure and its relation to strategic behavior, advertising, pricing and product differentiation decisions. Further topics include the organization of the firm, takeovers, mergers and acquisitions, research and development, and the various regulatory controls placed on firms and industries. Prerequisite: ECON 2306.
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3.00 Credits
The application of economic theory and statistical techniques for the purpose of testing hypotheses and estimating and analyzing economic phenomena. Prerequisite: STAT 3321 or MATH 3313.
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3.00 Credits
The application of microeconomic and statistical tools in the analysis of the various modes of transportation. Topics for discussion include transportation as a derived demand, regulation of transportation, mass transit, and international issues in transportation. Prerequisite: ECON 2306.
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3.00 Credits
Economic analysis of issues of general interest. A nontechnical application of principles of economics to current topics such as abortion, crime, deficit spending, divorce, education, energy, health care, immigration, politics, recycling, risk and safety, Social Security, sports, and tax policy. Prerequisite: ECON 2306.
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3.00 Credits
An economic analysis of historical events leading up to and following the Industrial Revolution, large-scale industry, early banking, commerce, Utopian movements, war, postwar economic integration and the continuing debate over economic globalization. Prerequisite: ECON 2305.
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