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Course Criteria
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4.00 Credits
A study of the application of economic theory and methods to business and administrative decision-making processes, emphasizing the role that economic analysis plays in managerial decisions. Quantitative methods and tools - such as simple regression analysis, statistics, time series forecasting models, linear programming, and spreadsheet packages - are introduced to assist students in gaining better insight into the methods of economic analysis and the applications of managerial economics to real-life decisions. Prerequisites: ECON:105, or ECON:201 and 202. 4 SH.
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4.00 Credits
Examines the general linear regression model and its use to analyze economic data. Focuses on estimating economic models, verifying economic theories by testing alternative hypotheses, and forecasting the future of economic variables. Prerequisites: ECON:105, or ECON:201 and 202, and MATH:141 or MGMT:202 or PSYC:123. 4 SH.
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4.00 Credits
Theoretical and empirical investigation of the functions and outcomes of labor markets. Discusses and analyzes current labor issues, trends and developments. Emphasizes how public policies, individual market characteristics of employees, firms and organized labor influence human resource allocation and compensation. Prerequisites: ECON:105, or ECON:201 and 202. 4 SH.
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4.00 Credits
Examines contemporary and historical patterns of economic interactions and interdependence among national economies. In-depth analysis of exchange rates, capital flows, and trade flows. Discusses problems of international resource transfers in the context of evolving international economic institutions. Prerequisites: ECON:105, or ECON:201 and 202. 4 SH.
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4.00 Credits
Examines depository and non-depository financial institutions, financial markets and instruments. The Federal Reserve System's structure and role in controlling the money supply and regulating financial institutions and markets are discussed in detail. The course examines Keynesian, Monetarist and New Classical approaches to monetary policy and controversies concerning inflation, unemployment, economic growth, and balance of payments. Prerequisites: ECON:105, or ECON:201 and 202. 4 SH.
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4.00 Credits
Examines the influence of government in a market-oriented economy. Analyzes how tax and spending policies reallocate resources, redistribute income, and affect stable economic growth. Prerequisites: ECON:105, or ECON:201 and 202. 4 SH.
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4.00 Credits
Examines theories of economic growth and development. Includes in-depth discussions of problems of economic development that confront developing nations. Prerequisites: ECON:105, or ECON:201 and 202. 4 SH.
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4.00 Credits
Examines issues of political interaction with economic forces at the national, international, and global levels. Topics studied include: economic systems, international trade and finance, the European Union, NAFTA, OPEC, multinational corporations, economic development, poverty, inequality, and global environmental issues. Same as POLI:338. Prerequisite: sophomore standing, ECON:201, or ECON:105, or instructor's permission. 4 SH.
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4.00 Credits
Examines theory and practice of economic policy in the contemporary open economy environment. Includes detailed analysis of fiscal and monetary policies for the interdependent national economies. Emphasizes the relationship between deficit financing and inflation. Prerequisites: ECON:105, or ECON:201 and 202. 4 SH.
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4.00 Credits
Analyzes the strategic interaction between parties. Normal and extensive form games will be studied, with discussions of dominant and mixed strategies, Nash Equilibrium, and incentive compatibility. This course will present applications to economic decision making, industrial organization, bargaining and negotiation, and political science. Prerequisite: an introductory statistics course, ECON:202, ECON:105, or permission of instructor. 4 SH.
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