Required Courses for Economics Majors and Minors

Economics Major:

ECON 200 ECON 300 ECON 301 ECON 371 ECON 401 MATH 106

Principles of Economics Intermediate Price Theory Intermediate Macro-economics Introduction to Econometrics Public Policy Elementary Statistics

Plus three ECON courses at the 300 or 400 level (9 semester hours).
Students planning on graduate study in economics are encouraged to gain mastery of calculus.

Economics Minor:

ECON 200 ECON 300 ECON 301

Principles of Economics Intermediate Price Theory Intermediate Macro-economics

Plus two courses (six hours) chosen from ECON at the 300 or 400 level.

COURSES OFFERED:

ECON 120G. Contemporary Economic Problems. Interpretation and analysis of recent economic events, problems, and policy issues based upon economic principles. (Three credits.)

ECON 200G. Principles of Economics. Basic principles and processes in micro- and macro-economics are surveyed; production, market structures, consumption patterns, role of competition and prices; determinants of national income, employment, inflation, and exchange values and role of monetary and fiscal policy. (Four credits.)

ECON 250. Special Topics. (One to three credits.) May be repeated.

ECON 300. Intermediate Price Theory. A rigorous analysis of the modern micro-economic theory of the behavior of the firm and the individual. Prerequisite: ECON 200. (Three credits.)

ECON 301. Intermediate Macro-economics. A detailed examination of the elements that determine the level of national income. Includes analysis of government fiscal and monetary policies. Prerequisite: ECON 200. (Three credits.)

ECON 310. Regulation and Legislation. Analyzes the forces leading to government regulation, the consequences of such regulation, detailed examination of several regulated industries and environmental policies. Prerequisite: ECON 200. (Three credits.)

ECON 311. Labor, Unions, and Industrialization. An introduction to the institutional aspects of the American labor force and its organization, wage and employment theory, the economic role of collective bargaining, and the basic ingredients of public policy toward labor organizations. Prerequisite: ECON 200. (Three credits.)

ECON 320. Industrial Organization. Analysis of the firm and market structure, conduct, and performance. How market structure affects the conduct of firms, and how both structure and conduct affects firm and market performance. Special emphasis is placed on the relevance of this body of knowledge to the individual business. (Three credits.)

ECON 331. Political Economy of Development. A study of contemporary theories of the development of industrial societies which stresses the relationships among various social institutions within the society and among different nations. Prerequisites: Junior standing or permission of the instructor. Offered in alternate years. (Three credits.)

ECON 340. Economics and Law. Microeconomic examination of the social consequences of alternative legal rules including property rights, contract rights, tort liability rules and criminal law. Prerequisites: ECON 200. (Three credits.)

ECON 350. Special Topics in Economics. May be repeated for credit. (Three credits.)

ECON 351G. Comparative Economic Systems. An analysis of the significant similarities and differences in the development, structure, operation, and policies of market-directed, controlled, and mixed economies—with special attention to significant characteristics in economies evolving in non-Western societies. Prerequisite: ECON 200. (Three credits.)

ECON 360. International Trade and Finance. An analysis of the forces affecting, as well as the theory and policy of, international trade and finance. The international monetary system, balance of payments, tariff policies, trade practices, and trade organizations will be emphasized—as well as consequences for individual firms, multinational corporations, and government-owned firms. Prerequisite: ECON 200. (Three credits.)

ECON 361. History of Economic Thought. An examination of major contributions to thought and their significance for modern theory. Prerequisite: ECON 200. (Three credits.)

ECON 370. Public Finance. An examination of the theory and practice of government expenditure, revenue, and debt; the problems of integrating these into a meaningful fiscal policy; and their effect on the distribution of income. Prerequisite: ECON 200. (Three credits.)

ECON 371. Introduction to Econometrics. Single equation linear statistical models, estimation and hypothesis testing; serial correlation, heteroscedasticity; errors in variables; introduction to simultaneous equation models. Emphasis on interpretation and application of econometric models and methods. Offered in alternate years. (Three credits.)

ECON 380. Environmental Economics. Micro-economic analysis of environmental issues. Examines the environmental consequences of alternative forms of resource ownership and allocation methods. Prerequisites: ECON 200. (Three credits.)

ECON 400. Internship. An off-campus experience working in a professional environment under the supervision of a mentor. Permission of instructor required. (Three credits.)

ECON 401. Economic Research Analysis. A capstone study for senior majors in which students choose a topic of inquiry, formulate hypotheses, review the literature, and empirically test their hypotheses and update the literature. (Three credits.)

ECON 402. Selective Seminars in Economics. Topics include regional and urban economics, economic development, mathematical economics, and advanced monetary policy. May be repeated for credit. (Three credits.)

ECON 410. Political Economy and Commerce Honors. Participation in a joint student/faculty discussion of contemporary accounting management or economic policy issues using political economy methodology and analysis. Spring semester of junior or senior year. Permission of instructor required. (One credit.)

ECON 420. Independent Study. May be repeated for credit. (One to three credits.)