ECO 110 Economics of Urban Issues
This course studies the economic implications of many problems facing a metro-urban environment especially in the areas of education, housing, and transportation and is designed for those students who do not plan to major in economics, business administration, or MIS.
ECO 112 Principles of Macroeconomics
An introduction to macroeconomics: national income analysis, monetary and fiscal policy, international trade. Application of elementary economic theory to current economic problems. May be taken independently of ECO 113 or 110. ECO 112 and 113 may be taken in either order. (Prereq.: MPG 2)
ECO 113 Principles of Microeconomics
An introduction to microeconomics: the theory of the household, firm, market structures, and income distribution. Application of elementary economic theory to market policy. May be taken independently of ECO 110 or 112. ECO 112 and 113 may be taken in either order. (Prereq.: MPG 2)
ECO 311 Public Finance
Analysis of the principles of taxation and public expenditures, the impact of fiscal policy on economic activity, and debt policy and its economic implications. (Prereq.: ECO 113)
ECO 312 Intermediate Macroeconomics
Determinants of national income, employment, and price level analyzed via
macromodels. Attention paid to areas of monetary-fiscal policy, growth, and
the role of expectations. (Prereq.: ECO 112. Fall)
ECO 313 Intermediate Microeconomics
Theory of resource allocation, analysis of consumer behavior, firm and industry;
the pricing of factors of production and income distribution; introduction
to welfare economics. (Prereq.: ECO 113. Spring and alternate Winter Trimester)
ECO 315 Money and Banking
Functioning of the monetary and banking systems, particularly commercial
banks, and the Federal Reserve System and its role in relation to aggregate
economic activity. Emphasis placed on monetary theory and policy. (Prereq.:
ECO 112. Fall and alternate Winter Trimester)
ECO 317 Comparative Economic Systems
This course focuses on comparing the performance of various countries that
rely on different economic systems for the allocation of resources, including
systemic changes in Eastern Europe. Theoretical models are examined and compared
to real-world variants. (Prereq.: ECO 112 or 113: Every three years)
ECO 318 Management Science
Provides a sound conceptual understanding of the modern techniques of management
science to prepare students to make better business and economic decisions.
Emphasis is on applications such as transportation, marketing, portfolio selection,
environmental protection, the shortest route, and inventory models. (Prereq.:
ECO 113, MPG 3. Fall Trimester and Spring Semester)
ECO 360 International Economics
A study of the underlying forces affecting the economic relations among
nations. Development of the basis for international trade, balance of payments,
exchange rate systems, and commercial policy. (Prereq.: ECO 113. Spring:
alternate years)
ECO 365 Environmental Economics and Sustainable Development
This course addresses the environmental problems such as tropical deforestation,
despoilation of air and water, ozone depletion, and global warming that arise
in the process of economic development to better the standard of living of
the developed and developing countries. (Prereq.: ECO 112 or 113. Every three years)
ECO 413 Labor Economics
Analysis of labor markets, labor as a factor of production, determination
of wage collective bargaining, labor legislation, and effects upon society.
(Prereq.: ECO 313. Spring: alternate years)
ECO 415 Managerial Economics
Integrates economic theory and corresponding practices in business. Among the topics considered are theories and practices in forecasting, estimation of demand and cost functions, and an analysis of economic problems of relevance to management. (Prereq.: BUS 379, ECO 313. On demand)
ECO 416 Mathematical Economics
Mathematical economics with emphasis on the application of mathematical tools to the areas of micro- and macroeconomic theory. (Prereq.: ECO 312, 313, MAT 122. On demand)
ECO 490 Research Methods in Econometrics
This course provides an introduction to the application of statistical models
and methods to economic problems. Emphasis is on use of econometric software
to analyze data and to test hyptheses. This course satisfies the Keystone
requirement. (Prereq.: ECO 112 and ECO 113, and ENL 111 or 112 or HON 111)
ECO 495 Topics
Lectures, discussions, meetings with members of the staff or visiting faculty regarding research methodology and current national and international economic problems and policies.
Internships and Independent Study Courses:
ECO 199 Internship
See descriptions for this and other internship options (on-campus, off-campus,
half credit) on page 95 of course catalog. (P/N Grading only.)
ECO 399 Internship
See descriptions for this and other internship options (on-campus, off-campus,
half credit) on page 95 of course catalog. (Prereq.: 50% of the major or consent of instructor.
P/N grading only.)
ECO
499 Independent Study/Research