Econ 105: Economics of Social Issues -As an introductory course, it is intended to provide an understanding of how our economic system works. It examines the forces that determine what, how much and who obtains the outputs of the economy, and explains the issues behind current economic problems. A framework of building blocks from micro, macro, and international economics is developed to enable students to comprehend the differences among alternative solutions and to understand the implications of policy issues constantly confronting a mixed dynamic economy.
(3 credits)

Econ 201: Principles of Macroeconomics - Definition of economics; concepts and institutions; demand, supply and the price system; national income; employment and fiscal policy; monetary policy; economic stability and growth.
(3 credits)

Econ 202: Principles of Microeconomics - Economics of the firm; resource allocation; price and output determination; market structure; current economic problems; international economics.
(3 credits)

Econ 219: Business Statistics - Probability and statistics in a business environment encompassing descriptive statistics, probability theory, hypothesis testing, linear regression and correlation.
Prerequisites: Algebraic proficiency and microcomputer proficiency. Cross-linked as Mgmt 219. (3 credits)

Econ 301: Macroeconomic Analysis - Determination of national income and employment. National income accounts as measures of aggregate economic behavior. Analysis of income stability, unemployment, inflation and growth.
Prerequisites: Econ 201 and 202. (3 credits)

Econ 302: Microeconomic Analysis - Intermediate price theory including theories of demand, supply, production, resource allocation, market structure, general equilibrium and risk analysis.
Prerequisites: Econ 201 and 202. (3 credits)

Econ 304: Money and Banking - Emphasis is upon monetary policy, how it is implemented, the theories on which it is based, and the implication of this policy on our economy.
Prerequisite: Econ 201. (3 credits)

Econ 307: Urban Economics - Analysis of the economic functions and problems of modern urban areas including theoretical and practical proposed solutions.
Prerequisites: Econ 201 and 202. (3 credits)

Econ 312: Critical Choices in Health Care Policy - This course analyzes the health care sector. It presents reasons for the growth in health care expenses, assesses how and why they are likely to grow, and details policy options that confront health care administrators, consumers, employers, and government officials.
Prerequisite: Econ 202. (3 credits)

Econ 315: Environmental Economics - Economic causes and effects of pollution. Evaluation of costs, benefits and risks of alternative solutions to the problem of damage and destruction of the environment.
Prerequisite: Econ 202. (3 credits)

Econ 316: Evolution of Economic Thought - This course provides a look at economics from an historical perspective. Original works of many early economists will be examined. Ideal for anyone interested in how our economic system has developed.
Prerequisite: Econ 201. (3 credits)

Econ 317: Managerial Economics - Covers the application of microeconomics to managerial decision making. Major topics include: Demand estimation, cost minimization, pricing and production decisions, and planning under conditions of risk and uncertainty.
Prerequisites: Econ 201 and 202, Math 120 or above. (3 credits)

Econ 318: Intermediate Statistical Analysis - Statistical analysis encompassing multiple regression and correlation, ANOVA (simple and multivariate), goodness of fit, statistical decision analysis, and advanced forecasting techniques.
Prerequisites: Econ 219 or Mgmt 219, or permission of the instructor. (3 credits)

Econ 326: International Economics - Alternative exchange rate systems, commercial trade policies, balance of payments, adjustment mechanisms and the role of international financial organizations.
Prerequisites: Econ 201 and 202. (3 credits)

Econ 360: Labor Economics - An investigation of labor markets and the effect of institutional forces on employment, wage determination, stability, and the availability of labor.
Prerequisite: Econ 202. (3 credits)

Econ 402: Public Finance - Nature, incidence and economic effects of taxation; government spending; public debt management; fiscal administration.
Prerequisites: Econ 201 and 202. (3 credits)

Econ 405: Industrial Organization - Examines the reasons for different market structures and how the structure influences the strategies of firms and their profits. Particular attention is paid to the role of advertising and product differentiation in a firm's attempt to create or sustain economic profits. The course stresses the conditions in which government regulation of an industry is warranted plus highlights obstacles to effective regulations.
Prerequisite: Econ 202. (3 credits)

Econ 408: Development Economics - Study of the growth process including institutional problems, political, cultural and technological problems, development theories, planning and programming.
Prerequisites: Econ 201 and 202. (3 credits)

Econ 412: Economics Seminar - Application of advanced economic theory for problem solving and research. Topic selection will vary with instructor.
Prerequisites: Econ 301, 302, or permission of the instructor. (3 credits)

Econ 415: Trade Flow Analysis - Brings to bear the principles of comparative advantage, the factors proportions theorem, and the regional theory of world trades on the analysis of trade flows and economic growth.
(3 credits)

Econ 450: Internship - Supervised placement and research in selected public and private agencies at appropriate institutions.
Prerequisites: application and permission of the instructor. (1-12 credits)

Econ 490: Independent Study - In-depth reading and/or research in an area of particular interest to the student, with the guidance of a faculty member.
Prerequisites: 12 hours of major courses, application, and permission of the instructor, departmental chairperson, and dean of the college where the study will be conducted. (1-3 credits)