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ECON 101: Principles of Microeconomics-S2
4.00 Credits
Pacific Lutheran University
Introduces the study of economic decision making by firms and individuals. Economic tools and concepts such as markets, supply and demand, and efficiency applied to contemporary issues. Students cannot take both ECON 101 and 111 for credit. (4)
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ECON 101 - Principles of Microeconomics-S2
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ECON 102: Principles of Macroeconomics-S2
3.00 Credits
Pacific Lutheran University
Introduces the economy as a whole and major issues such as inflation, unemployment, economic growth, and international trade. Prerequisites: ECON 101 or 111. (4)
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ECON 102 - Principles of Macroeconomics-S2
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ECON 111: Principles of Microeconomics:Global and Environmental-S2
4.00 Credits
Pacific Lutheran University
Analysis of public policy and private behavior; appropriate pricing, resource valuation, taxes and subsidies, trade policies, sustainable development, and income growth and distribution. Students cannot take both ECON 101 and 111 for credit. (4)
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ECON 111 - Principles of Microeconomics:Global and Environmental-S2
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ECON 287/288/289: Special Topics in Economics ECON 301:Intermediate Microeconomic Analysis
1.00 - 4.00 Credits
Pacific Lutheran University
Theory of consumer behavior; product and factor prices under conditions of monopoly, competition, and intermediate markets; welfare economics. Prerequisites: ECON 101 or 111, MATH 128 or 151, or consent of department. (4)
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ECON 287/288/289 - Special Topics in Economics ECON 301:Intermediate Microeconomic Analysis
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ECON 302: Intermediate Macroeconomic Analysis
3.00 Credits
Pacific Lutheran University
National income determination including policy implications within the institutional framework of the U.S. economy. Prerequisites: ECON 102; MATH 128 or 151. (4)
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ECON 302 - Intermediate Macroeconomic Analysis
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ECON 311: Energy and Natural Resource Economics
3.00 Credits
Pacific Lutheran University
An intensive economic analysis of natural resource scarcity and a comparison of actual, optimal and sustainable use of energy and natural resources. Comparative international analysis of the relative roles of markets and government in the development and allocation of natural resources over time. Themes include dynamic efficiency, intergenerational fairness, and sustainability. Case studies of key natural resource sectors including: renewable and exhaustible energy, non-energy minerals, forestry, and fisheries. Prerequisites: ECON 101 or 111, or consent of instructor. (4)
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ECON 311 - Energy and Natural Resource Economics
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ECON 313: Environmental Economics
3.00 Credits
Pacific Lutheran University
Examines the theory of externalities, pollution regulation, open-access conditions as a basis for environmental degradation, methods of non-market valuation of environmental amenities, and valuation of a statistical life. Attention will be given to both domestic and global examples. Prerequisites: ECON 101 or 111, or consent of instructor. (4)
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ECON 313 - Environmental Economics
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ECON 315: Investigating Environmental and Economic Change in Europe-S2
3.00 Credits
Pacific Lutheran University
An introduction to the environmental economic problems and policy prospects of modern Europe. Focus on economic incentives and policies to solve problems of air and water pollution, sustainable forestry, global warming, and wildlife management in Austria, Germany, Hungary, the Czech Republic, and Italy. (4)
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ECON 315 - Investigating Environmental and Economic Change in Europe-S2
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ECON 321: Labor Economics-S2
3.00 Credits
Pacific Lutheran University
Analysis of labor markets and labor market issues; wage determination; investment in human capital, unionism and collective bargaining; law and public policy; discrimination; labor mobility; earnings inequality, unemployment, and wages and inflation. Prerequisites: ECON 101 or 111, or consent of instructor. (4)
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ECON 321 - Labor Economics-S2
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ECON 322: Money and Banking-S2
3.00 Credits
Pacific Lutheran University
The nature and role of money; monetary theory; tools and implementation of monetary policy; regulation of intermediaries; banking activity in financial markets; international consequences of and constraints on monetary policy. Prerequisite: ECON 102 or consent of instructor. (4)
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ECON 322 - Money and Banking-S2
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