Course |
Description |
| ECO 101 |
Introduction to Economics. (3-0) In this course students are encouraged to use their common sense to understand economic principles and applications. Topics include scarcity, markets, economic goals, government policy, and international trade. This course is designed for students majoring in fields other than business or economics and for students who need a basic review prior to taking ECO 201 or 202. Course cannot be counted toward a degree in economics. |
| ECO 201 |
Principles of Economics: Macro. (3-0) This course focuses on the aggregate or overall economy. Topics include the description and measurement of economic aggregates; the basic theories of output, employment and prices; the monetary economy and the role of government.
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| ECO 202 |
Principles of Economics: Micro. (3-0) The major emphasis of this course is on the understanding of markets. Topics include an in-depth study of supply and demand, cost theory, economic resource markets, international trade, and the determination of foreign exchange rates. Prerequisite: ECO 201 or instructor's approval. |
| ECO 205 |
Consumer Economics. (3-0) Designed to make the student an intelligent consumer of goods and services in the current economy. Major topics addressed are role of consumer in our economy, influences on consumer spending, fraud, use of consumer's monies, and consumer legislation. Credit for both H S 205 and ECO 205 will not be awarded. |
| ECO 301 |
Intermediate Macroeconomics. (3-0) This course extends the study of the aggregate economy introduced in Economics 2013 with emphasis on theory. Topics include the Classical and Keynesian systems, general equilibrium theories, economic growth, and public policy in a global setting. Prerequisite: ECO 201. |
| ECO 302 |
Intermediate Microeconomics. (3-0) This course represents a more advanced study of microeconomic theory than is possible in Economics 2023. Topics include consumer behavior, production and cost theory, market structure, and factor markets. Prerequisite: ECO 202. |
| ECO 303 |
Money and Banking. (3-0) A study of the structure and functions of financial markets and financial intermediaries; the behavior and pattern of interest rates; the basic concepts of commercial bank management; the nature of money and the role of the Federal Reserve in its creation; the basic structure of the economy and the impact of monetary actions on this structure. Prerequisite: ECO 201 |
| ECO 304 |
Environmental Economics. (3-0) The study of the economics of the natural environment. Economic tools and issues such as social cost, externalities, cost-benefit analysis, property rights, and state and federal environmental policies will be examined with emphasis on problems associated with water pollution, waste disposal, and society's burden of social costs. Prerequisite: 6 hours ECO or approval of department head. |
| ECO 305 |
Economics of Financial Markets. (3-0) A study of the aggregate financial system and capital markets and the impact these have on financial intermediaries. Topics to be covered are: flow of funds analysis, interest rate theory, role of financial intermediaries, and management of financial assets. Credit for both FIN 304 and ECO 305 will not be awarded. Prerequisites: FIN 301, ECO 303. |
| ECO 306 |
Political Economy. (3-0) A study of the historical, philosophical, and theoretical relationships between the state and the economy. Credit for both POLS 306 and ECO 306 will not be awarded. Prerequisite: 6 hours of ECO and 6 hours of POLS or instructor's approval. |
| ECO 401 |
International Economics. (3-0) An introduction to international economic theory and policy, the foundations of modern trade theory and its extensions, welfare effects of tariffs and non-tariff barriers, commercial policies of the United States, trade policies of developing countries, multinationals, balance of payments, and foreign exchange markets. Credit for both ECO 401 and A EC 402 will not be awarded. Prerequisite: ECO 201.
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| ECO 402 |
Economic Development of the United States. (3-0) A survey of the economic development of the United States from colonial times to the present. Credit for both ECO 402 and HIST 402 will not be awarded. Prerequisites: ECO 101 or 201 and 6 hours HIST. |
| ECO 421 |
Economic Development of Rural Areas. (3-0) Economic problems of rural areas in the United States. Review of fundamental causes of economic decline in rural areas. Application of economic principles and theory to problems of rural areas. Evaluation of current methods and public programs for economic development. Application of analytical methods to development problems. Credit for ECO 421 and A EC 421 will not be awarded. Prerequisite: A EC 205 or ECO 202. |
| ECO 465 |
Intermediate Economics. (3-0) Seminar discussion of the American free enterprise system, the nation's economy and its strengths and weaknesses; critical examination of professional journals, articles, books and reports by the government and private sources, designed to enable the student to coordinate and apply the analytical knowledge acquired during the period of study. Prerequisites: Macroeconomics and microeconomics, college algebra or MATH 309, or permission to enroll. |
| ECO 485 |
Economics Seminar. (Credit variable) Content varies according to departmental needs, current/pertinent topics. Comprehensive reading is required. Conference and written reports are required of the reading assignments. Prerequisites: Junior or senior classification, 12 hours of ECO or approval of department head. May be taken more than once for credit. |
| ECO 486 |
Problems. (Credit variable) Independent reading, research and discussion. Entry into this course will be arranged with the Economics counselor. |
Graduate Courses |
| ECO 502 |
Instruction of Basic Economics. (3-0) Combines emphasis on understanding and teaching of basic economic principles such as demand and supply, fiscal and monetary policies, and international trade. The course also reviews educational resources and instructional methods in economics. |
| ECO 508 |
Managerial Economics. (3-0) Applies economic theory and methodology to business and administrative decision-making. The tools of economic analysis are demonstrated and their use in formulating business policies is explained. Topics include concepts of profits, production and cost functions, demand theory, competitive pricing policies, and business criteria for investment output and marketing decisions. Prerequisite: Approval of MBA Director. Credit for both FIN 508 and ECO 508 will not be awarded. |
| ECO 559 |
559. Economic Applications and Issues. (3-0) Seminar examination of the application of economic theory in the firm (micro) and in the overall economy (macro); in-depth research and analysis of current economic issues through critical examination of the professional literature and the current environment of business government. Prerequisite: ECO 465 Intermediate Economics or Micro and Macroeconomics. |
| ECO 564 |
564. Seminar on Global Commerce. (3-0) Focuses on global competitive challenges facing business management teams. Students will evaluate how companies have strategically entered and developed international markets and managed global diversification. Students will learn to analyze international market potential, assess business risks and become familiar with institutions and national policies directing international trade. Prerequisite: ECO 465 Intermediate Economics or Micro and Macroeconomics |
| ECO 586 |
586. Problems. (Credit variable) This course offers students the opportunity to become acquainted with current research being conducted within the student's area of interest; directed reading of a number of sources selected in concert by the student's professor. Prerequisite: Approval of department head. |
