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Course Criteria
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4.00 Credits
Examination of how economic forces impacted historical events in the United States from Colonial times to the end of World War II. Basic economic theory and statistics will be utilized to examine a series of historical episodes in the development of the United States. A research paper is required.
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4.00 Credits
The economic development of Europe is traced from the medieval period to modern times. Particular emphasis is given to the growth of economic institutions that preceded those of modern Europe. The growth of these institutions is further developed to demonstrate their influence on the United States.
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4.00 Credits
Prerequisite: sophomore standing The development of economic analysis from the classical school until today. The ideas of Smith, Ricardo, Marx, Marshall, Keynes, Pigou, and Sraffa are analyzed. A research paper is required.
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4.00 Credits
Prerequisite: STA 215 (or equivalent), and ECO 101 or ECO 102 Application of statistical techniques to business problems including ANOVA, time-series analysis, and regression analysis. The multiple regression model is emphasized. Computer applications are integrated. Research paper required.
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4.00 Credits
Prerequisites: ECO 101 and one of the following: ECO 231, PSY 203, or STA 305 An examination of the modern price theory with specific emphasis on consumer demand, production and cost, the firm and market organization, and market failure.
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4.00 Credits
Prerequisites: ECO 102; and one of the following: ECO 231, PSY 203, or STA 305 Theories of national income determination are studied. Fiscal and monetary policy effects on inflation and unemployment are investigated. The influences of foreign trade on the national economy are considered.
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4.00 Credits
Prerequisite: ECO 102 An examination of the behavior and functions of money, financial markets, and institutions. The role of credit, flow of funds, importance of interest rates, efficiency of financial markets, and the role of the Federal Reserve Bank are also examined.
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4.00 Credits
Prerequisite: ECO 101 Provides an understanding of the economic forces acting upon labor markets. Economic reasoning and tools of Microeconomics are used to study various aspects and policies related to the labor market. Topics include an overview of the labor market, labor demand and supply, worker productivity, hours worked and working conditions, wage determination, household production, investment in human capital, worker mobility and migration, racial/ethnic and gender issues, discrimination, role of government in labor markets, and labor unions. A research paper is required.
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4.00 Credits
Prerequisite: ECO 101 An examination of the health care system in the U.S. with particular emphasis on understanding the economic forces acting upon health care markets. Economic reasoning and tools of microeconomics are applied to the study of health and medical care and implications for individual health behavior and public health policies are examined. Topics include overview of the U.S. health care system, demand for health and medical services, health insurance, organization of health care providers, government's role, international health care system comparison, and pharmaceutical industry. A research paper is required.
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4.00 Credits
Prerequisite: ECO 101 An examination of the economic basis of policy debated on gender inequality in the labor market and in the workplace. Perfect competition and strategic competition theories of gender inequality are studied and contrasted. Topics include the wage gap, occupational distribution, labor force participation, productivity differentials, working conditions, and international comparison. A research paper is required.
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