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ECON 205: The Economics of Product Development and Markets
3.00 Credits
Virginia Commonwealth University
Semester course; 3 lecture hours. 3 credits. Prerequisite: MATH 141. An introduction to some of the fundamental economic concepts necessary to effectively operate in today's marketplace. Basic elements of microeconomics, net present value analysis and market strategy will be covered in class. The goal is to provide students with a better understanding of how to approach business problems and of proven problem solving techniques. Appropriate for engineering and non-engineering students.
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ECON 210-211: Principles of Economics
3.00 Credits
Virginia Commonwealth University
Continuous courses; 3 lecture hours. 3-3 credits. Prerequisite: MATH 001 or satisfactory score on the Mathematics Placement Test. A course designed to acquaint the student with a theoretical and practical understanding of the economic institutions and problems of the American economy. First semester: Microeconomics. Second semester: Macroeconomics. Note that students may receive credit for only two of the following three courses: ECON 203, 210 or 211.
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ECON 210-211 - Principles of Economics
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ECON 291: Topics in Economics
3.00 Credits
Virginia Commonwealth University
Variable hours. Variable credit. Maximum of 3 credits per topic. Prerequisite: Permission of instructor. An indepth study of selected business topics. Graded as pass/fail at the option of the department.
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ECON 291 - Topics in Economics
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ECON 301: Microeconomic Theory
3.00 Credits
Virginia Commonwealth University
3 lecture hours. 3 credits. Prerequisites: ECON 210-211 and junior standing. Analysis of the principles that govern production, exchange and consumption of goods and services. Topics include demand analysis, production and cost theory, price and output determination, theory of markets and distribution theory.
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ECON 301 - Microeconomic Theory
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ECON 302: Macroeconomic Theory
3.00 Credits
Virginia Commonwealth University
3 lecture hours. 3 credits. Prerequisites: ECON 210-211 and junior standing. A general survey of national income analysis and macroeconomic theory. Detailed study of public policies affecting price levels, employment, economic growth and the balance of payments.
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ECON 302 - Macroeconomic Theory
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ECON 303: Managerial Economics
3.00 Credits
Virginia Commonwealth University
Semester course; 3 lecture hours. 3 credits. Prerequisites: ECON 210-211, MGMT 212 or MATH 200, and junior standing. Application of tools of economic analysis to allocation problems in profit and nonprofit organizations. Models for evaluating revenue, production, cost and pricing will be presented. Emphasis on developing decision rules for turning data into information for solving problems.
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ECON 303 - Managerial Economics
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ECON 305: Public Finance-State and Local
3.00 Credits
Virginia Commonwealth University
Semester course; 3 lecture hours. 3 credits. Prerequisites: ECON 210 or ECON 203, and junior standing. An economic analysis of state and local government budgeting, revenue sources and expenditures.
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ECON 305 - Public Finance-State and Local
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ECON 306: Public Finance-Federal
3.00 Credits
Virginia Commonwealth University
Semester course; 3 lecture hours. 3 credits. Prerequisites: ECON 210 or ECON 203, and junior standing. An economic analysis of the fiscal decision process, revenue sources and expenditures at the federal level.
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ECON 306 - Public Finance-Federal
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ECON 307: Money and Banking
3.00 Credits
Virginia Commonwealth University
Semester course; 3 lecture hours. 3 credits. Prerequisites: ECON 210-211, or ECON 203, and junior standing. A study of money, financial markets and the financial structure with emphasis on commercial banks and the Federal Reserve System. Relationships between economic activity and money supply are introduced.
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ECON 307 - Money and Banking
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ECON 312: E-commerce and Markets for Information Goods
3.00 Credits
Virginia Commonwealth University
Semester course; 3 lecture hours. 3 credits. Prerequisite: ECON 203 or ECON 205 or ECON 210. This course surveys the ways that information and emerging information technologies affect market organization and market efficiency. Competitive strategies and regulatory policy for information markets also are considered. Topics include network effects, first mover advantages, auctions, price discrimination and organizational structure.
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ECON 312 - E-commerce and Markets for Information Goods
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