ECONOMICS (ECON)

Enrollment in junior or senior level ECON courses requires junior standing. All business majors must have completed the Basic Business Program.

uECON 2010. Principles of Microeconomics. Lec. 3. Credit 3.
Supply and demand, theory of demand, principles of production, pricing and distribution. Output market structures, labor markets and issues, international trade.

uECON 2020. Principles of Macroeconomics. Lec. 3. Credit 3.
Prerequisite: ECON 2010 or consent of instructor. Aggregate supply and aggregate demand, employment and income determination, money and banking, monetary and fiscal policy, international finance.

ECON 3320. Money and Banking. Lec. 3. Credit 3.
Prerequisite: ECON 2020. Principles of money, banking, and the financial system; the impact of money on economic activity.

ECON 3610. Business Statistics I. Lec. 3. Credit 3.
Prerequisite: MATH 1830 or consent of instructor. Statistical description, probability, probability distributions (binomial, normal and t), sampling distributions, hypothesis testing, chi-square and F-distributions, linear regression.

ECON 3630. Business Statistics II. Lec. 3. Credit 3.
Prerequisite: ECON 3610. Hypothesis testing, multiple regression, other multivariate techniques, time series analysis and forecasting, decision-making under uncertainty.

ECON 3810. Intermediate Microeconomics. Lec. 3. Credit 3.
Prerequisite: ECON 2010 and 2020. Microeconomic analysis at the intermediate level; consumer behavior, firm production theory, pricing, industrial organization.

ECON 3820. Intermediate Macroeconomics. Lec. 3. Credit 3.
Prerequisite: ECON 2020. Measurement, analysis and control of aggregate economic activity; public finance.

ECON 3830. Managerial Economics. Lec. 3. Credit 3.
Prerequisites: ECON 2010, 2020, and 3610. Theory and estimation of demand, production and costs. Pricing and output decisions under different market structures, financial investment, government and business, and international business.

ECON 4310 (5310). Labor Economics. Lec. 3. Credit 3.
Prerequisite: ECON 2020. Labor problems including economics of the labor market, wages, demand and supply of labor, unemployment.

ECON (FIN) 4510 (5510). International Trade and Finance. Lec. 3. Credit 3.
Prerequisite: ECON 2020 and ECON/FIN 3320. International trade, monetary exchange, balance of payments and foreign investments.

ECON 4520 (5520). Comparative Economic Systems. Lec. 3. Credit 3.
Prerequisite: ECON 2020. Analysis of essential economic features of the economic systems.

ECON 4530 (5530). History of Economic Thought. Lec. 3. Credit 3.
Prerequisite: ECON 2020. Development of economic doctrines and schools and economic thought from the mercantilist period to the present.

ECON 4600 (5600). Economic Growth and Development. Lec. 3. Credit 3.
Prerequisite: ECON 2020. A critical survey of growth and strategies of economic development, including regional growth and development; historical evidence of development.

ECON 4640 (5640). Econometrics. Lec. 3. Credit 3.
Prerequisites: ECON 3630, 3810, 3820 or consent of instructor. An advanced treatment of statistical models applied to economics, including the general linear model, heteroscedasticity, autocorrelation, multi-collinearity, simultaneous equations and other violations of OLS assumptions.

ECON 4900 (5900). Contemporary Economics Workshop. Credit 1 to 6.
Thorough and intensive training of public school teachers in fundamental economic principles and current issues. May not be counted as part of a degree program in the College of Business.

ECON 4990. Special Topics. Credit 3 to 6 per semester. Maximum 6.
Directed study and research on a selected topic in economics. Available to senior economics majors on an individual basis, with consent of departmental chairperson.

ECON 5030. Fundamentals of Economics. Lec. 3. Credit 3.
Production and distribution of wealth and income and other basic principles of the market economy.