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Course Criteria
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3.00 Credits
This course considers the nature and causes of problems facing low-income nations, with a focus on the impact that various economic policies have on promoting economic development. This course meets the world diversity requirement. ( Prerequisites: EC 11, EC 12) Three credits.
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3.00 Credits
This course examines the relationship between government and business, reviewing antitrust laws and cases in terms of their impact on resource efficiency.It develops the format of agency command and control regulation with specific examples from the federal sector.(Prerequisite: EC 11) Three credits.
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3.00 Credits
This course introduces topics from central areas of the common law: property, contracts, torts, and criminal law.The course is intended for students who desire an understanding of the important role of law in modern society or who are considering graduate study in law.It explains the development of the law and legal institutions in terms of the basic tools of economic reasoning.(Prerequisite: EC 11) Three credits.
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3.00 Credits
Using microeconomic theory, this course examines the economic behavior of firms and industries, identifying factors affecting the competitive structure of markets and using these structural characteristics to evaluate the efficiency of resource use.Topics include mergers, measures of concentration, pricing, entry barriers, technological change, and product development.(Prerequisite: EC 11) Three credits.
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3.00 Credits
This course analyzes the development of modern urban areas by applying the tools of economic analysis to their problems.Topics include transportation, housing, and the provision and financing of public services.(Prerequisites: EC 11, EC 12) Three credits.
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3.00 Credits
Students examine various theories of economic justice so that the actual distribution of income in the United States can be analyzed.The course considers factors that cause changes in income distribution and in the number of persons in poverty. This course meets the U.S. diversity requirement.( Prerequisites: EC 11, EC 12) Three credits.
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3.00 Credits
This course examines the development of economic thought from ancient times to the present.(Prerequisites: EC 11, EC 12) Three credits.
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3.00 Credits
Students apply economic concepts and theory to the problem of making rational economic decisions.Topics include inventory control, decision-making under risk and uncertainty, capital budgeting, linear programming, product pricing procedures, forecasting, and economic versus accounting concepts of profit and cost.The course includes computer applications.(Prerequisite: EC 11) Three credits.
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3.00 Credits
This course examines government expenditure and tax policies with an emphasis on evaluation of expenditures; the structure of federal, state, and local taxes; and the budget as an economic document.(Prerequisites: EC 11, EC 12) Three credits.
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3.00 Credits
This course introduces students to descriptive statistics, probability theory, discrete and continuous probability distributions, sampling methods, sampling distributions, interval estimation, and hypothesis testing.A weekly lab provides opportunities for active exploration and application of course concepts.(Prerequisites: EC 11, EC 12) Four credits.
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