Economics Courses Offered

ECO 210 Introduction to Microeconomics

An introduction to how individuals, firms, and markets interact in determining the allocation of resources with applications of the economic theory of human behavior to current domestic and international topics.
Prerequisite: None. Open to all students.

ECO 211 Introduction to Macroeconomics

An introduction to national income theory, the process of the creation and control of the money supply, and fiscal monetary policy.
Prerequisite: None. Open to all students.

ECO 215 Critical Thinking About Economic Policy

Basic economic frameworks applied to the analysis of contemporary economic issues. The development of student abilities to analyze and reach a policy conclusion is emphasized. Students will work together in small teams.
Prerequisite: None.

ECO 312 Economics of Labor

Goals and philosophies of labor unions and management, union government, description and analysis of collective bargaining, government policy toward unions and labor law, labor markets and union impact on wages.
Prerequisites: ECO 210 and ECO 211.

ECO 314 International Economics

Gains from an international economy, barriers to international trade, international monetary systems and analysis of economic problems such as economic development, balance of payments deficits and regional economic integration.
Prerequisites: ECO 210 and ECO 211.

ECO 316 Comparative Economic Systems

A study of various contemporary economic systems. Models of a capitalist market economy, centrally planned socialism and market socialism are analyzed. Cases of economic systems such as those of Japan, U.S., China, Russia and Eastern Europe are studied. The special problems and policies associated with the transition from a planned economy to a market economy are examined.
Prerequisites: ECO 210 and ECO 211.

ECO 410 Money and Banking

The role of commercial banks and the federal reserve system in the creation and control of the money supply; analysis of the relationships between the money supply, level of economic activity, price level and interest rates; and the role of monetary policy in economic stabilization.
Prerequisites: ECO 210 and ECO 211.

ECO 412 Public Finance

A study of the structure and principles of evaluation of government expenditures, description and analysis of tax systems, fiscal policy and current policy issues.
Prerequisite: ECO 210 and ECO 211.

ECO 414 Microeconomics

A study of the role of the pricing of products and productive services in the operation of the economy. Consideration is given to the issues of efficiency, monopoly, inequality, consumer welfare and an application of economic analysis to a variety of policy issues.
Prerequisites: ECO 210, ECO 211 and MTH 151 or MTH 162 or equivalent.

ECO 416 Macroeconomics

Theories of national income determination and its fluctuations, economic stabilization policies and economic growth.
Prerequisites: ECO 210 and ECO 211.

ECO 419 Seminar in Special Topics

A seminar designed to give faculty and advanced students in economics an opportunity to study current theoretical developments, issues and policies in economics. Specific topics vary with the interests of faculty and students.

ECO 492 Independent Study

Reading and research open to juniors and seniors majoring in economics and other majors who have a background adequate for research on problems with important economic content. Approval of the Director of the Center for Business and Economics is required.