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Course Criteria
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3.00 Credits
ENVIRONMENTAL ECONOMICS (3) A survey subject of externalities, market failure, benefits and costs of environmental protection, the political economy of environmental regulations and resolving global environmental concerns. 3.000 Credit Hours 3.000 Lecture hours Levels: Undergraduate Schedule Types: Lecture College of Arts and Sciences College Geog,Soc,Econ,Anth Department
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3.00 Credits
MONEY AND BANKING (3) Money and financial institutions. Risk and term structure of interest rates. Foreign exchange market. Banking industry. Financial derivatives. Federal Reserve system and monetary policy. Prerequisite: ECON 1010/101. 3.000 Credit Hours 3.000 Lecture hours Levels: Undergraduate Schedule Types: Lecture College of Arts and Sciences College Geog,Soc,Econ,Anth Department
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3.00 Credits
COMPARATIVE ECONOMIC SYSTEMS (3) Emergence and development of economic ideas and systems. Similarities and differences in the economic systems of the United States, Great Britain, Russian Republic, Germany, and Communist China. Economic programs of newly emerging nations. Prerequisite: ECON 1010/101 and 1020/102. 3.000 Credit Hours 3.000 Lecture hours Levels: Undergraduate Schedule Types: Lecture College of Arts and Sciences College Geog,Soc,Econ,Anth Department
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3.00 Credits
POLITICAL ECONOMICS (3) A comparison of classical, neoclassical, and Marxian economics, with particular emphasis on the Marxian paradigm. Topics include the labor theory of value, crisis theory, and historical materialism. Prerequisite: ECON 1010/101 and 1020/102 or consent of the department. 3.000 Credit Hours 3.000 Lecture hours Levels: Undergraduate Schedule Types: Lecture College of Arts and Sciences College Geog,Soc,Econ,Anth Department
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3.00 Credits
PUBLIC FINANCE (3) Federal expenditure, taxation, and borrowing operations; effects of federal financing on national income, employment, distribution, prices, and economic growth; tax shifting and tax incidence; formulation and execution of fiscal policy; state and local government financing. Prerequisite: ECON 1010/101 and 1020/102. 3.000 Credit Hours 3.000 Lecture hours Levels: Undergraduate Schedule Types: Lecture College of Arts and Sciences College Geog,Soc,Econ,Anth Department
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3.00 Credits
HISTORY OF ECONOMIC THOUGHT (3) Influence of economic thought on politico-socioeconomic development. Ancient and medieval economic ideas. Mercantilists and physiocrats. English classical, Marxian, German historical, Austrian, neoclassical, Keynesian, and neo-Keynesian schools. American contributions. Current development. Writing emphasis course. Prerequisite: ECON 1010/101 and 1020/102. 3.000 Credit Hours 3.000 Lecture hours Levels: Undergraduate Schedule Types: Lecture College of Arts and Sciences College Geog,Soc,Econ,Anth Department Course Attributes: Writing Emphasis Course
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3.00 Credits
PRICE AND ALLOCATION THEORY (3) Theory of consumer behavior. Theory of production functions, short run and long run. Perfect and imperfect competition. Pricing of products and determination of output. Pricing of factors of production. Allocation of resources. Distribution of income. Survey of welfare economics. Prerequisite: ECON 1010/101 and 1020/102. 3.000 Credit Hours 3.000 Lecture hours Levels: Undergraduate Schedule Types: Lecture College of Arts and Sciences College Geog,Soc,Econ,Anth Department Course Attributes: Writing Emphasis Course
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3.00 Credits
NATIONAL INCOME AND EMPLOYMENT (3) Concept of national income. Measurement of national income, gross national product, and employment. Analysis of income level determination. Cyclical fluctuations. Monetary, fiscal and other economic policies for stabilization. Economic growth and policies. Writing emphasis course. Prerequisite: ECON 1010/101 and 1020/102. 3.000 Credit Hours 3.000 Lecture hours Levels: Undergraduate Schedule Types: Lecture College of Arts and Sciences College Geog,Soc,Econ,Anth Department
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3.00 Credits
ECONOMICS OF REGULATION (3) Economic analysis of market failures and government responses. Topics include antitrust and merger; optimal policies to deal with externalities and research and development; bureaucratic regulatory behavior; and strategies for regulatory reform. Prerequisite: ECON 1010/101 and 1020/102 or consent of the department. 3.000 Credit Hours 3.000 Lecture hours Levels: Undergraduate Schedule Types: Lecture College of Arts and Sciences College Geog,Soc,Econ,Anth Department
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3.00 Credits
INTERNATIONAL TRADE (3) A microeconomic analysis of the problems that arise from and in connection with the exchange of physical commodities between nations, with emphasis on classical and modern trade theories, the effects of trade restrictions, factor price equalization theory, economic integration and international investment, and problems of third world economics. Prerequisite: ECON 1010/101 and 1020/102 or consent of the department. 3.000 Credit Hours 3.000 Lecture hours Levels: Undergraduate Schedule Types: Lecture College of Arts and Sciences College Geog,Soc,Econ,Anth Department
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