Economics

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Majors and Minors

Classes

ECO221 : Principles of Macroeconomics

A study of national income determination, commercial and central banking, money, monetary policy, fiscal policy, economic growth, and the economics of trade and exchange rates. Some knowledge of basic mathematics and algebra, as well as the ability to understand and interpret economic data, is desirable. This course is not a prerequisite for ECO223.

Credit Hour(s)

3

ECO223 : Principles of Microeconomics

The study of markets, supply and demand, value distribution, business organization, market structure, and selected problems in microeconomics. Some basic mathematics and facility with graphs are necessary. ECO223 may be taken before ECO221.

Credit Hour(s)

3

ECO311 : Intermediate Macroeconomic Theory

Examination of determinants of aggregate income, the price level, and employment; the role of policy in influencing aggregate economic activity.

Credit Hour(s)

3

Prerequisites

ECO221 and 223; MAT109 or 125.

ECO315 : Behavioral Economics

The study of situations in which actual human choices differ from the predictions of standard economic theory. Topics may include cooperation versus self-interest, altruism, bounded rationality, and the use of reference points to shape decisions. Students will also explore experimental economics as the primary source of learning in this field.

Credit Hour(s)

3

Prerequisites

ECO223.

ECO317 : Economic History of the United States

American economic development from colonial times to Great Depression; economic analysis of the impact of colonial system, free banking, and slavery; identification of major sources of economic growth.

Credit Hour(s)

3

Prerequisites

ECO221 or 223.

ECO337 : Environmental Economics

Economic principles applied to environmental quality and resource utilization; origins of and approaches to environmental problems.

Credit Hour(s)

3

Prerequisites

ECO223

ECO355 : Public Finance

Institutional and theoretical perspectives of the role of government as an economic agent; impact of tax policy and spending programs within a market economy.

Credit Hour(s)

3

Prerequisites

ECO221 or 223.

ECO405 : Government Regulation of Business

Application of the economic theory of industries and markets to government regulation; topics include legal foundations and economic impact of market regulation, antitrust policy, competitive practices, monopolies, and workplace safety.

Credit Hour(s)

3

Prerequisites

ECO223

ECO410 : International Economics

Causes and consequences of international flow of goods, services, and money; topics include trade incentives, trade regulation, and foreign exchange markets.

Credit Hour(s)

3

Prerequisites

ECO221 and 223.

ECO420 : Labor Economics

This course uses empirical and theoretical models to examine the behavior of firms as the buyers of labor services, the behavior of households as the sellers of labor services, and the attempts of third parties (such as policy makers or unions) to influence outcomes in the market for labor services.

Credit Hour(s)

3

Prerequisites

ECO223.