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Course Criteria
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3.00 Credits
3 semester hours An introduction to basic Microeconomics concepts including opportunity cost, the price system, the American market structure, American economic problems, and the resources market.
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2.00 Credits
2 semester hours A study and analysis of consumer demand, personal finance, consumer credit instruments, annuities and insurance; assets acquisition, retirement and estate planning. Not offered every year.
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3.00 Credits
3 semester hours Analysis of the determinants and theories of national income, employment, the price level, and growth. Prerequisite: ECON 105. Not offered every year.
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3.00 Credits
3 semester hours Analysis of the theories of consumer demand, economics of time, market structure and production, externalities, welfare, and exchange. Prerequisite: ECON 106. Not offered every year.
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3.00 Credits
3 semester hours Application of linear algebra and differential calculus to economic analysis. Topics include market equilibrium, properties of production functions, multipliers, optimization methods, and comparative statics analysis. Prerequisite: ECON 105, 106, and MATH 106. Not offered every year.
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3.00 Credits
3 semester hours The main focus of this course is on the two aspects of personal finance: credit and money management. The following topics are discussed: applying for credit, bankruptcy, building credit, debit cards and electronic banking, debt consolidation, federal reserve agencies, using credit properly, bad credit loans, unsecured personal loans, choosing an investment product, how to choose a financial planner, avoiding investment problems, bill consolidation and mortgage refinancing.
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3.00 Credits
3 semester hours The objective of this class is to introduce important and compelling economic issues, which are designed to stimulate critical thinking skills and initiate informed discussions.
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3.00 Credits
3 semester hours A study of the role of money, money supply and money demand, interest rates, financial institutions, and their functions in promoting full employment, price stability, and economic growth. Prerequisites: ECON 105 and 106.
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3.00 Credits
3 semester hours A study and analysis of the neoclassical approach to the demand for and supply of labor, human capital, collective bargaining, discrimination, and labor mobility. Prerequisites: ECON 105 and 106.
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3.00 Credits
3 semester hours Principles of risk bearing; personal and business risks and available protective insurance facilities. Thirty hours of supervised work experience in the insurance field is required in addition to the regular class assignments. Not offered every year.
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