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ECON 2010: Principles of Microeconomics
3.00 Credits
Western Michigan University
An introduction to microeconomics, the study of the price system and resource allocation, problems of monopoly, and the role of government in regulating and supplementing the price system. Credits: 3 hours Semester Offered: Fall, Spring, Summer I, Summer II
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ECON 2020: Principles of Macroeconomics
3.00 Credits
Western Michigan University
An introduction to macroeconomics, the study of total output and employment, inflation, economic growth, and introduction to international trade and development. For students who plan to take both ECON 2010 and ECON 2020, it is preferable to take ECON 2010 before taking ECON 2020. Credits: 3 hours Semester Offered: Fall, Spring, Summer I, Summer II
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ECON 3040: The Organization of Industries
3.00 Credits
Western Michigan University
This course examines the various ways in which the organization of industries affects pricing and other business behavior and more generally, competition and resource allocation. The topics covered will include the theory of competitive markets, the theory of monopoly and the theories of oligopoly. The course will address the policy implications of various horizontal and vertical agreements among firms in industries. Prerequisites & Corequisites: Prerequisite: ECON 2010. Credits: 3 hours Semester Offered: Fall, Spring, Summer I or Summer II
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ECON 3090: Women and the Economy
3.00 Credits
Western Michigan University
This course studies the role of women in the economy, both in the labor force and the household, and women's economic status. Topics covered include gender discrimination, the feminization of poverty, and the effects of public policies on the economic status of women. Prerequisite: ECON 1070, 1080, 2010, or 2020. Credits: 3 hours Semester Offered: Fall, Spring
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ECON 3100: Labor Economics
3.00 Credits
Western Michigan University
An analysis of the nature and underlying causes of the problems facing the worker in modern economic society. Includes an examination of unions, collective bargaining, labor legislation, wages, unemployment and economic insecurity. Prerequisites & Corequisites: Prerequisite: ECON 2010. Credits: 3 hours Semester Offered: Fall, Spring, Summer I or Summer II
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ECON 3100 - Labor Economics
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ECON 3190: Environmental Economics
3.00 Credits
Western Michigan University
The study of economic aspects of environmental problems. Benefit-cost analysis is introduced and applied to problems in the management of air, water and other natural resources. Environmental problems of selected industries—including transportation and electric power—economic growth, population and environmental quality are analyzed. Prerequisites & Corequisites: Prerequisite: ECON 2010. Credits: 3 hours Semester Offered: Fall, Spring, Summer I or Summer II
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ECON 3190 - Environmental Economics
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ECON 3200: Money and Banking
3.00 Credits
Western Michigan University
An analysis of the role of money and its impact on the economy-on inflation, unemployment, interest rates, income, and foreign exchange. The operations and relationships of commercial banks and the Federal Reserve are examined. Prerequisites & Corequisites: Prerequisites: ECON 2010 and ECON 2020. Credits: 3 hours Semester Offered: Fall, Spring, Summer I or Summer II
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ECON 3240: Public Finance
3.00 Credits
Western Michigan University
Practices, effects, and policy issues in federal government budgeting, spending, taxation, borrowing and debt, with particular attention to individual and corporate income taxation. Prerequisites & Corequisites: Prerequisite: ECON 2010. Credits: 3 hours Semester Offered: Fall, Spring, Summer I or Summer II
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ECON 3450: Business,Government,and Society
3.00 Credits
Western Michigan University
This course examines the interrelationships among business, government and society. The course attempts to provide insights into how, when and why government policy towards business firms can either benefit or harm society. Topics covered include antitrust policies, economic regulation and social regulation. Prerequisites & Corequisites: Prerequisite: ECON 2010. Credits: 3 hours Semester Offered: Fall, Spring, Summer I or Summer II
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ECON 3450 - Business,Government,and Society
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ECON 3800: International Economics
3.00 Credits
Western Michigan University
A study of the fundamentals of international trade and related problems, with special reference to the implications of the international economic policies of the United States both for the economy and for the firm. Prerequisites & Corequisites: Prerequisites: ECON 2010 and ECON 2020. Credits: 3 hours Semester Offered: Fall, Spring, Summer I or Summer II
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