ECON 204 Introduction to Macroeconomics (4) Fall, Spring
An examination of the basic characteristics of the American economy and the principles that determine its performance. Emphasis is given to those factors that determine the total level of production, employment, prices, interest rates, inflation and recession, and govern its role in the world economy. Satisfies GE, category D5 (Contemporary International Perspectives). CAN ECON 2
ECON 205 Introduction to Microeconomics (4) Fall, Spring
An examination of the basic principles that determine the behavior of individual consumers and firms in the United States economy as they respond to changing economic conditions. Topics include demand, supply, pricing, production, cost, competition and industrial structure. This course may be taken before ECON 204. CAN ECON 4.
ECON 295 Community Involvement Program (1-4)
A community service course allowing students the opportunity to earn credit for volunteer activities pertaining to their academic program. Requires 30 hours of service per unit and approval by an Economic Department Advisor. CR/NC only.
ECON 303 International Economics (4) Spring
A study of issues, theories and policies regarding international trade and finances, international movements of capital and labor, trade and development, and external debt and foreign aid. Prerequisite: ECON 204 or 205 or consent of instructor.
ECON 304 Intermediate Macroeconomic Theory (4) Fall, Spring
A study of economic theories that explain the level and fluctuation in production, employment, income, money and prices in an economic system, with an emphasis on the macroinstitutional framework of the U.S. economy. Topics include: national income accounting, models of short-run equilibrium and long-run growth, macroeconomic aspects of international economics, labor markets, monetary policy and fiscal policy. Prerequisites: ECON 204, 205 and MATH 165 or equivalent.
ECON 305 Intermediate Microeconomic Theory (4) Fall, Spring
A study of theories that explain consumer behavior and decision making in organizations and firms in the economy. Deals with theories of demand, pricing, production, cost analysis and competition. Prerequisites: ECON 204, 205 and MATH 165 or equivalent.
ECON 311 Public Economy (4)
A basic introduction to the economics of the public sector designed to give the student a broad overview of the economic roles of government in our society. Emphasis will be on understanding current public policy issues and the effects of government policies on resource allocation (efficiency) and income distribution (equity). Prerequisites: ECON 205 and ECON 317 or consent of instructor.
ECON 317 Introduction to Econometrics (4) Fall, Spring
Statistical methods and techniques most frequently employed in economics, business, planning and government. Topics include: descriptive statistics, measures of central tendency and dispersion, probability theory, statistical inference, regression analysis, index numbers, time series and forecasting. Prerequisites: ECON 204 or 205 and MATH 165 or equivalent.
ECON 318 Managerial Economics (4) Spring
Economic analysis applied to the management decisions of public or private firms. The course is oriented to case studies that illuminate the content and applicability of such basic economic concepts as marginality, opportunity costs and market structure. Topics include: demand analysis, resource allocation, production economics and cost analysis; profitability analysis; price and nonprice competition; capital budgeting; and long-range strategy formulation. Prerequisite: ECON 205.
ECON 322 Urban Economics (4) Fall
The issues and problems facing communities and regions in their attempts to manage and control growth and enhance the quality of life. Introduction to economic theory and techniques useful for dealing with issues such as economic growth, land use, environmental preservation, transportation and housing. Prerequisite: ECON 204 or 205.
ECON 375 Money and Banking (4) Fall, Spring
An examination of U. S. financial institutions, including the Federal Reserve System, U.S. Treasury, and the rapidly changing domestic and international banking system. Topics will include alternative theories of monetary and fiscal policy, the determination of interest rates and the price level, and the influence of financial institutions on inflation, recession and growth. Prerequisite: ECON 204 or consent of instructor.
ECON 381 Natural Resource and Environmental Economics (4) Spring
A study of strategies for public and private utilization of depletable and renewable natural resources and of environmental policy issues. Topics include: agricultural sustainability, optimal resource allocation, land use, environmental externalities and pollution control, and international environmental policy development. Prerequisites: ECON 204 or 205 or consent of instructor.
ECON 388 Economics and Law of Regulation (4)
An analysis of the regulatory environment of American business. Studies the way the legal system resolves economic conflicts among business, consumers, labor and government. Topics include: constitutional law, administrative law, regulation of monopoly and competition, labor law and international law. Prerequisite: ECON 205; and ECON 305 preferred.
ECON 403 Seminar in International Economic Development (4) Fall
Review of current issues and study of conceptual frameworks for thinking about economic development with a global world perspective. Focuses on sources of economic growth, poverty alleviation, resource sustainability and reform of economic institutions in Latin America, Africa, Asia and ex-socialist economies. Prerequisite: ECON 303 or 304 or consent of instructor.
ECON 404 Seminar in Macroeconomic Theory (4)
A study of theories dealing with inflation, unemployment, macroeconomic policies, equilibrium and disequilibrium. Topics may include: investment, growth theory, international trade, aggregate demand and supply, comparative statistics, post-Keynesian economics, recent theoretical developments and policy issues. Prerequisites: ECON 304 and MATH 165 or equivalent.
ECON 405 Seminar in Microeconomic Theory (4)
This course is devoted to explorations of economic theory and policy issues and is designed to deepen the students? understanding of economic theory learned in ECON 305. Prerequisites: ECON 305 and MATH 165 or equivalent or consent of instructor.
ECON 408 Mathematical Applications in Economics (4)
Applications of mathematical techniques in economics. Construction of micro- and macroeconomic models using calculus and linear algebra. Topics include: optimization, competition, supply and demand, national income, growth theory, general equilibrium, disequilibrium and dynamics. Recommended for students considering graduate study in economics or business. Prerequisites: ECON 204 (previously 201A), 205 (previously 201B), 304 or 305, and MATH 161 or consent of instructor.
ECON 411 Seminar in Public Finance (4)
Applications of economic theory to public project analysis for students seeking careers in the public sector. Topics include: resource allocation, modeling and simulation, decision theory, fiscal impact analysis, benefit-cost analysis, government investment criteria and project evaluation. Prerequisite: ECON 304 or 305 or consent of instructor.
ECON 417 Seminar in Econometrics and Forecasting (4) Spring
The application of statistical techniques to economic analysis emphasizing computer applications. Topics include: single and multiple regression models, multiple equation simulation models, time series models and forecasting. Prerequisites: ECON 304 or 305, and ECON 317, or consent of instructor.
ECON 418 Seminar in Managerial Economics (4) Spring
An exploration of the problems facing American firms in competing in a global economy. Topics include: product markets, production efficiency, technology, competitive markets, generic industry environments and competitive strategies. Students will write and present case studies of firms and industries. Prerequisite: ECON 305, MATH 165; MATH 161 recommended.
ECON 421 Seminar in Labor Economics (4)
An analysis of the theory of labor supply and demand. Topics include: wage determination and the theory of human capital, labor force participation, antipoverty programs, the causes and consequences of wage inequality, theories of race and gender discrimination, the role and effects of labor unions, and the effects of the minimum wage on employment and income. Prerequisites: ECON 305 and ECON 317 or consent of instructor.
ECON 426 Seminar in the History of Economic Thought (4) Spring
The interaction of economic thought, economic policy and political ideology from mercantilism to the present day. The works of Smith, Malthus, Ricardo, Marx, Marshall, Keynes and the post-Keynesians are discussed in the context of the economic problems of their times. Satisfies GE, category D5 (Contemporary International Perspectives). Prerequisite: ECON 204 or 205 (previously 201A or 201B) or consent of instructor.
ECON 432 Seminar in United States Economic History (4) Fall
Economic development of the United States since the Revolution. Topics to be covered include: capital formation and the growth of business concentration; the distribution of national income; problems of agriculture; growth of the labor movement; patterns of inflation and depression; impact of international relationships on U.S. economic development. Prerequisite: ECON 204 or 205 (previously 201A or 201B) or consent of instructor.
ECON 488 Economics and Law of Business Regulation (4)
Advanced topics in economic and legal aspects of business regulation. Prerequisites: ECON 204 or 205 (previously 201A or 201B)
ECON 494 Special Topics in Economics (1-4)
Course of lectures on a single topic or set of related topics not ordinarily covered in the economics curriculum. May be repeated for credit with a different topic. Prerequisite: consent of the instructor.
ECON 495 Special Studies (1-4)
Open to economics majors only. Prerequisite: consent of the instructor.
ECON 496 Tutoring Economics (2) Fall, Spring
Intended for advanced students working as tutors in economics courses. Cr/NC only. Prerequisite for first semester of tutorial work: concurrent enrollment in ECON 497.
ECON 497 Seminar in Teaching Economics (2) Fall, Spring
A faculty-directed seminar in teaching methods and concepts for students tutoring in economics. Cr/NC only.
ECON 499 Internship (1-4)
ECON 501 Economics of Markets and Industries (3) Fall
Price theory and resource allocation as applied to the analysis of market demand behavior and firm/industry production decisions. For the purpose of market demand estimations and forecasts the course covers basic macroeconomic concepts (GDP and Price indexes, etc.). For the purpose of understanding industry performance the course covers the basics of regulations. Students are required to work on a research project/term paper. Prerequisite: a B.A. or B.S. degree.
ECON 595 Special Studies (1-4)
Independent study designed in consultation with instructor. Subject matter variable. Students must complete the standard SSU form. Prerequisite: consent of instructor.