ECON Economics

ECON   2105   Economics in a Global Society

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

The market mechanism and its relationship to the major institutions of developed economies, current events, and the challenges of globalization; particularly emphasizes informed decision-making about issues of the aggregate economy in a global setting.

Cross Listing(s): ECON   2105H and ECON   2105S.

ECON   2105H   Economics in a Global Society

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

The market mechanism and its relationship to the major institutions of developed economies, current events, and the challenges of globalization; particularly emphasizes informed decision-making about issues of the aggregate economy in a global setting.

Cross Listing(s): ECON   2105 and ECON   2105S.

ECON   2105S   Economics in a Global Society

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

The market mechanism and its relationship to the major institutions of developed economies, current events, and the challenges of globalization; particularly emphasizes informed decision-making about issues of the aggregate economy in a global setting.

Cross Listing(s): ECON   2105 and ECON   2105H.

ECON   2106   Business Economics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

Analyzes the behavior of firms, workers, and consumers in perfectly competitive and imperfectly competitive markets. Particular emphasis is placed on firm behavior and how it is affected by the characteristics of the market.

Prerequisite(s): A minimum grade of "C" in ECON   2105.

Cross Listing(s): ECON   2106S, ECON   2106H.

ECON   2106H   Business Economics Honors

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

Analyzes the behavior of firms, workers, and consumers in perfectly competitive and imperfectly competitive markets. Particular emphasis is placed on firm behavior and how it is affected by the characteristics of the market.

Prerequisite(s): A minimum grade of "C" in ECON   2105.

Cross Listing(s): ECON   2106 or ECON   2106S.

ECON   2106S   Business Economics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

Analyzes the behavior of firms, workers, and consumers in perfectly competitive and imperfectly competitive markets. Particular emphasis is placed on firm behavior and how it is affected by the characteristics of the market.

Prerequisite(s): A minimum grade of "C" in ECON   2105.

Cross Listing(s): ECON   2106, ECON   2106H.

ECON   3131   Intermediate Macroeconomics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

The study of forces which determine the level of income, employment, inflation, interest rates, output with particular attention to the effects of government monetary and fiscal policy.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

ECON   3132   International Trade

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A study of international trade both in theory and practice. The course will cover standard trade theory models from Ricardo to Hecksher-Ohlin, including criticism of the theories. Provides students with the tools necessary to analyze trade and the likely impact of trade on domestic economic policy. Course will focus on microeconomic trade issues.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

Cross Listing(s): ECON   3132S.

ECON   3132S   International Trade

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A study of international trade both in theory and practice. The course will cover standard trade theory models from Ricardo to Hecksher-Ohlin, including criticism of the theories. Provides students with the tools necessary to analyze trade and the likely impact of trade on domestic economic policy. Course will focus on microeconomic trade issues.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

Cross Listing(s): ECON   3132.

ECON   3231   Intermediate Microeconomics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

The market mechanism and its relationship to major institutions. Household decision making and consumer demand. Production, cost and the firm's supply decision. Market structures, market failures and the appropriate role of government policy.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

Cross Listing(s): ECON   3231S.

ECON   3231S   Intermediate Microeconomics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

The market mechanism and its relationship to major institutions. Household decision making and consumer demand. Production, cost and the firm's supply decision. Market structures, market failures and the appropriate role of government policy.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

Cross Listing(s): ECON   3231.

ECON   3232   International Macroeconomics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

Studies macroeconomic relationships and policies in an open economy. Examines the balance of payments, the foreign exchange market, exchange-rate determination under alternative exchange-rate regimes, and international financial and monetary systems from the macroeconomic perspective.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

ECON   4030   Special Topics in Economics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A customized course that allows students to pursue further study in a specific topic. Topics for the course may include, but not limited to, sports economics, behavioral and experimental economics, economics of social issues, history of economics thought, game theory, or resource economics.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

Cross Listing(s): ECON   4030S.

ECON   4030S   Special Topics in Economics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A customized course that allows students to pursue further study in a specific topic. Topics for the course may include, but not limited to, sports economics, behavioral and experimental economics, economics of social issues, history of economics thought, game theory, or resource economics.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

Cross Listing(s): ECON   4030.

ECON   4131   Applied Econometrics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

The course presents essential methods and tools of empirical analysis used in applied economics. The central theme is estimation and evaluation of regression models and interpretation of the results. Basic guidance on using a leading econometric software package for these purposes is provided.

Prerequisite(s): A minimum grade of "C" in BUSA   3131 or STAT   2231 and ECON   2106 and Senior Standing or permission of department chair.

ECON   4331   Money and Banking

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A study of money, banking, and financial markets with particular emphasis on the impact that monetary policy has on business decision making.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

Cross Listing(s): ECON   4331S.

ECON   4331S   Money and Banking

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A study of money, banking, and financial markets with particular emphasis on the impact that monetary policy has on business decision making.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

Cross Listing(s): ECON   4331.

ECON   4332   Labor Economics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A study of wage and employment determination in the labor market. Topics include discrimination, human capital development, labor union, and unemployment.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

ECON   4333   Managerial Economics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

Presents the theory of the firm as an aid to business decision-making, examines the employment relationship and incentive structures within and among firms, the make -or-buy decision, and the problems arising from incomplete contracting and opportunism.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

Cross Listing(s): ECON   4333S.

ECON   4333S   Managerial Economics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

Presents the theory of the firm as an aid to business decision-making, examines the employment relationship and incentive structures within and among firms, the make -or-buy decision, and the problems arising from incomplete contracting and opportunism.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

Cross Listing(s): ECON   4333.

ECON   4334   Transportation Economics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

Provides students with the basic economic analysis of transportation, including the economic theories of transportation and location of economic activity, the history and current status of government regulation of transportation activities, and empirical analysis of the behavior of the transportation industries.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

ECON   4335   Public Finance and Public Policy

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A study of the role of government in a market economy, how governments can efficiently allocate expenditures among the various members of society, the government decision-making process, cost-benefit analysis, government expenditures, and the effects and incidence of taxation. The focus of the course is on the federal government. The course also examines various public policy issues, such as welfare to work programs, health care, and Social Security.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

ECON   4336   Industrial Organization and Regulation

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

An introduction to the scientific study of imperfectly competitive markets. Topics include the causes of market imperfections (economics of scale, barriers to entry, etc.), behavioral and performance responses by firms to market imperfections, and government policy responses to market imperfections (antitrust law and regulation).

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

ECON   4337   Environmental Economics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

This course will apply the basic principles of microeconomics to analyze a variety of environmental and natural resource policy problems. We will examine the causes of natural resource and environmental problems, the consequences of these problems, and measures for dealing with them. We will examine many real environmental and resource problems, including but not limited to, the depletion of oceanic fisheries, tropical deforestation, acid rain, pollution control, and endangered species.

Prerequisite(s): A minimum grade of "C" in ECON   2106.

ECON   4338   Health Economics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

This course will apply the basic principles of microeconomics and statistics to health and health care markets. Topics addressed using economic theory and empirical methodology include the demand and supply of health care, health care market imperfections, and roles and behavior of physicians, hospitals, health insurers, and the government.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106 and BUSA   3131 or STAT   2231.

ECON   4339   Economic Analysis of the Law

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

This course examines the effects of legal rules on economic performance. The incentives for individual and firm behavior encompassed in legal rules are analyzed. Topics include legal systems and the economic analysis of property, torts, contracts, corporations, and criminal behavior.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

ECON   4431   Economic Development

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

This course examines the economic and social challenges faced by rural areas of the United States and developing countries. The main concern is on what resources rural economies have, and how these resources can be used to sustain economic development. Special attention is given to economic development strategies that emphasize equity in distribution as a goal as well as access to resources by a wide cross-section of citizens.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

ECON   4437   Regional and Urban Economics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

This course provides an overview of urban and regional economics, including the theories of regional growth and urban development. It also provides a framework for understanding regional economic development and the regional development planning process.

Prerequisite(s): A minimum grade of "C" in ECON   2106.

Cross Listing(s): ECON   4437S.

ECON   4437S   Regional and Urban Economics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

This course provides an overview of urban and regional economics, including the theories of regional growth and urban development. It also provides a framework for understanding regional economic development and the regional development planning process.

Prerequisite(s): A minimum grade of "C" in ECON   2106.

Cross Listing(s): ECON   4437.

ECON   4534   Commercial Risk Management and Insurance

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

This course involves property and liability risks and the effective management of these risks with insurance. Application of property insurance to pure risk exposures including direct and indirect property. Application of liability insurance to general liability and catastrophic liability risks. Current topics in the field of commercial property and liability insurance.

Prerequisite(s): A minimum grade of "C" in FINC   3131.

Cross Listing(s): FINC   4534.

ECON   4631   Eagles on Wall Street

3 Credit Hours.   1 Lecture Hour.   0 Lab Hours.

This course will introduce students to the important topics of Wall Street finance, investment banking, and the financial markets of New York City. Students will meet with executives from the world’s most prestigious banking, investment, and financial services firms. Because New York City (NYC) is one of the most important financial centers in the world, the location and setting will provide an excellent backdrop for the topics covered. Furthermore, NYC offers many venues that can be visited by the class to illustrate and reinforce the concepts discussed in the classroom. The classroom portion of the course will give students a broad overview of different sectors of the financial world while the travel portion will provide a chance for students to network with established professionals. Students could easily use this experience as a starting point to launch a Wall Street career. Regardless of a student’s intended career path, this course will broaden horizons and introduce students to the many opportunities available on Wall Street and in the field of finance. Expenses specific to the travel portion of the course may vary.

Prerequisite(s): A minimum grade of "C" in FINC   3131.

Cross Listing(s): FINC   4631.

ECON   4790   Internship in Economics

3-6 Credit Hours.   0 Lecture Hours.   0 Lab Hours.

The student is to work with/for a manager of the enterprise in a management training or special projects capacity. Management level responsibilities and duties are expected of the student.

ECON   4830   Special Problems in Economics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A customized course that is under the direction of a faculty sponsor. It allows students to pursue farther study in a specific topic. Topics for the course may include, but are not limited to, sports economics, behavioral economics, economics of social issues, history of economic thought, or resource economics.

Prerequisite(s): Junior standing.

Cross Listing(s): ECON   4830S.

ECON   4830S   Special Problems in Economics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A customized course that is under the direction of a faculty sponsor. It allows students to pursue further study in a specific topic. Topics for the course may include, but are not limited to, sports economics, behavioral economics, economics of social issues, history of economic thought, or resource economics.

Prerequisite(s): Junior standing.

Cross Listing(s): ECON   4830.

ECON   4890   Directed Study in Economics

1-3 Credit Hours.   1-3 Lecture Hours.   0 Lab Hours.

Designed for independent study and research in selected areas of economics under faculty supervision.

Prerequisite(s): Permission of Department Chair.

Cross Listing(s): ECON   4890S.

ECON   4890S   Directed Study in Economics

1-3 Credit Hours.   1-3 Lecture Hours.   0 Lab Hours.

Designed for independent study and research in selected areas of economics under faculty supervision.

Prerequisite(s): Permission of Department Chair.

Cross Listing(s): ECON   4890.

ECON   5131   Teaching Economics K-12

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

Prerequisite(s): A minimum grade of "C" in ECON   2105.

Cross Listing(s): ECON 5131G.