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Course Criteria
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3.00 Credits
This course looks at the Latin American economies, their troubled history, their boom and bust tendencies, the economic policies that have been tried, and the painful consequences in terms of poverty, inflation, and debt. (S. McKinney, Fall, offered annually)
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3.00 Credits
With the formal dissolution of the Soviet Union in December 1991, many hailed the triumph of capitalism and democracy over central planning and single party control. Today, many question how much Russia has really changed. This course explores the accomplishments and failures of the Soviet economic system, the transition period and the current situation, with special attention to the question of development in areas such as Siberia, the Far North and the Far East, given their vast mineral wealth combined with severe climate and great distance from the Russian heartland. (J. McKinney, Fall, offered alternate years)
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3.00 Credits
This course is a general introduction to economics. Microeconomic topics include supply and demand, comparative advantage, consumer choice, the theory of the firm under competition and monopolies, and market failure. Macroeconomic topics include national income accounting, the determinants of national income, employment and inflation, the monetary system and the Fed, and fiscal policy. This course is required for all majors and minors in economics. ( Offered each semester)
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3.00 Credits
This course explores the theory and application of accounting principles in recording and interpreting the financial facts of business enterprise. The course covers such topics as the measurement of income, capital evaluation, cost accounting, budgeting, and financial analysis. ( Fall, offered annually)
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3.00 Credits
This course offers an introduction to the methods of descriptive and inferential statistics that are most important in the study of economics. The intent of the course is to help students understand these tools and when they can usefully be applied to data. The course includes basic descriptive statistics, probability distributions, sampling distributions, statistical estimation, hypothesis testing, correlation analysis, and regression analysis. Students construct surveys and use the data collected via the surveys as the basis for their semester project. The project gives students a chance to demonstrate basic competency in the application of the tools taught in the course, their ability to use computer programs to analyze data, and their ability to explain the statistical results in plain English. Prerequisite: ECON 160 or 120. ( Offered each semester)
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3.00 Credits
In this course, students examine the labor movement in the U.S. and other countries and learn about labor management disputes and their resolutions. The goal of the course is to inform students about the economic and non economic issues involved in labor agreements. Students learn about the art of negotiation and arbitration. Topics covered include: the labor movement in the U.S., labor and employment law, unions and collective bargaining, grievance procedures, arbitration and techniques of dispute resolution, unions in the public sector, and an international comparison of labor relations. Prerequisite: ECON 160. ( Offered alternate years)
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3.00 Credits
This course is the study of the basic law of contracts with emphasis on agency, negotiable instruments, property, etc. The system of courts is also studied. ( offered alternate years)
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3.00 Credits
Resources for development are generally scarce in poor urban and rural areas. This course investigates how new economic and financial resources can be generated for and attracted to these areas, and how they can interact with human, organizational, and technical resources to encourage development. The spatial focus ranges from neighborhoods to regions. The course provides an introduction to financial instruments, institutions, and analysis across public, private, and third (non-profit) sectors. Prerequisite: ECON 120 or 160. (Gunn, offered alternate years)
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3.00 Credits
The primary goal of this course is to apply basic micro-economic principles to understanding environmental issues and possible solutions. The course is structured around four basic questions: How much pollution is too much Is government up to the job How can we do better How do we resolve global issues Throughout the course, students move back and forth between theory and practice, learning how basic principles from economic theory can be applied to environmental questions and then looking at how these principles have been used to implement policy nationally and internationally. Prerequisite: ECON 120, ECON 160, or ENV 110 (Energy). (Drennen, offered annually)
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3.00 Credits
As an introduction to the basic problems of urban areas in the United States at the present time, the course analyzes the hierarchy of cities in the U.S., market areas, and location. It then examines the economic issues concerned with urban housing, poverty, transportation, and finances. It has a policy orientation and concludes with a discussion of urban planning. Prerequisite: ECON 160, or permission of instructor. (Frishman, offered alternate years)
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