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Course Criteria
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3.00 Credits
3 cr. (GE7) Nature, method, and scope of economic analysis; nature of economic growth; inflationary tendencies and unemployment, monetary and fiscal policies, international finance. (May be taken before ECON 201.)
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3.00 Credits
3 cr. Analysis of individual consumer demand, principles of production, costs, pricing and output decisions under different market structures. Prerequisite(s): ECON 201 and 202.
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3.00 Credits
3 cr. Study of major movements in national income, production, employment, price levels, as well as policy related to growth and equilibrium. Prerequisite(s): ECON 201 and 202.
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3.00 Credits
3 cr. Survey of labor-management relations that examines the policies and objectives of labor unions and their impact on the broader society, and includes union history and government, organizing and bargaining, economics of the labor market and wage determination, government control and major laws that affect labor-management relations. Prerequisite(s): ECON 201 and 202.
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3.00 Credits
3 cr. Nature and functions of U.S. depository institutions (especially commercial banks, savings and loans, and credit unions); their regulation with particular emphasis on the Federal Reserve System's monetary policy and instruments of control and an introduction to monetary theory. Prerequisite(s): ECON 201 and 202.
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3.00 Credits
3 cr. Study of the supply of and demand for natural resources. Optimal development, use and conservation of natural resources, benefit and cost analysis, public and private ownership and control of natural resources are also examined. Prerequisite(s): ECON 201 and 202.
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3.00 Credits
3 cr. Managerial Economics is an application of the part of Microeconomics that focuses on the topics that are of greatest interest and importance to managers. The purpose of learning this subject is to help managers make better decisions. Topics include demand and cost analysis, market structures, pricing decision, and government regulations. Some powerful analytical tools such as regression analysis, business forecasting, and linear programming will also be covered to assist the decision making process. Prerequisite(s): ECON 201 and 202.
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3.00 Credits
3 cr. Study of the causes of international trade, classical and neoclassical models of international trade, the movement of money, goods, and factors of production over national boundaries, role of trade barriers and balance of payments. Prerequisite(s): ECON 201 and 202.
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3.00 Credits
3 cr. Study of evolution of economic thought under different social and political background, like mercantilism, physiocracy, classical economies, historical school and socialist doctrines. Prerequisite(s): ECON 201 and 202.
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3.00 Credits
3 cr. Study of basic techniques and methods in planning which facilitate various levels of economic development. The application of the planning strategies necessary to effect desirable economic development is also undertaken. Prerequisite(s): ECON 201 and 202.
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