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Course Criteria
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3.00 Credits
An introduction to exchange rates, balance of payments, trade barriers, trade agreements and economic unions, relevant international institutions, ethical considerations in international dealings, and related topics. Impacts on U.S. consumers and firms will be emphasized.
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3.00 Credits
A continuation of Econ 231, stressing industrial and labor organization, supply and demand, profit maximization under varying conditions of competition, and factor pricing. Prerequisite: Econ 231. IAI: S3 902.
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3.00 Credits
An introduction into the economic analysis of the basic areas of law including property, contracts, torts, criminal law, and civil law. The purpose of the course is to examine legal rules using economic concepts and methods. Prerequisite: one of the following courses-Econ 100, 231, 232; or permission of instructor.
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3.00 Credits
An introduction to the monetary aspects of society, with stress on the role of commercial banks and the Federal Reserve System in our economy. Prerequisite: Econ 231.
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3.00 Credits
A study of the development of various economic institutions in the United States with special emphasis on the changing structure and performance of the economy from the colonial period to the present. Intermediate Microeconomic Theory. (3) Theory of producer and consumer choice; theory of prices and output determination under varying degrees of competition; theory of factor pricing and income distribution. Prerequisite: Econ 232. Intermediate Macroeconomics. (3) An analysis of the determinants of inflation rates, unemployment, interest rates, and international trade. Theories of cycles of recession and recovery and policies to achieve the society's goals are examined with particular emphasis on stabilizing the economy. Prerequisite: Econ 231. Managerial Economics. (3) Economic theory and analysis designed for business administration students. Economics majors interested in careers in business are encouraged to take this course. Prerequisites: Econ 231 and 232.
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3.00 Credits
Application of economic tools and concepts to the nature and causes of poverty with an emphasis on discrimination. Analyzes both economic characteristics of the poor and the public policies intended to alleviate poverty and discrimination. Prerequisite: Econ 100 or 231.
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3.00 Credits
A practical introduction to correlation and regression analysis as applied to empirical verification of hypotheses derived from economic theory. The major emphasis is on single equation estimation and testing. Prerequisite: Math 137 or equivalent.
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3.00 Credits
A study of less developed countries; problems such as population growth, urbanization, agricultural transformation, unemployment, education and training, and capital formation are addressed. Solutions to these problems are examined and evaluated based on feasibility and practicality. A multi-disciplinary approach is used. Prerequisite: Econ 232.
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3.00 Credits
An institutional and theoretical study of money and capital markets in conjunction with monetary policy. Prerequisite: Econ 231.
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3.00 Credits
Environmental Economics. (3) This interdisciplinary course examines economic issues involving the interactions between humans and the environment. The course addresses conflicts in land, air, and water use and the role of assigned property rights and public policies in resolving environmental problems. Not open to students with credit in AgEc 430. Prerequisite: Econ 232 or Agri 220. Public Finance. (3) A study of the role of government in promoting a system of effective markets. Includes analyses of the implications of various market distortions, the economic implications of a democratic system, the efficiency of a federal structure, and criteria for public investment decisions and government actions. Prerequisite: Econ 232. Honors Readings in Economics. (1-3, repeatable to 3) Prerequisite: consent of the instructor. Graded S/U only.
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