Economics (ECONOMIC)

ECONOMIC 1010 Introduction to Economics 3 Credits

A study of economic systems and their interdependence in the global economy, with emphasis on problems and policies. Among the subjects included are competitive and non-competitive markets, gross domestic product determination and policy, the U.S. financial system, and global trade.
Components: Class
GE: Social Sciences
Typically Offered: DEMAND

ECONOMIC 2130 Principles of Macroeconomics 3 Credits

An introduction to basic economic principles with applications to current economic problems. Demand, supply and the role of prices in the U.S. economy are briefly surveyed followed by in-depth study of the national (or macro) economy. Topics include unemployment, inflation and economic growth; theories of economic recession and prosperity; the role of money and banking in the economy; government taxing and spending policies to stabilize the economy; and the U.S. as part of the international economy.
Components: Discussion, Class
GE: Social Sciences
Typically Offered: Fall/Spring/Summer

ECONOMIC 2230 Principles of Microeconomics 3 Credits

An introduction to basic economic principles with applications to current economic problems. Emphasis is on understanding how households and business firms make decisions in the U.S. economy. Topics include how prices are determined and how they help solve the economic problem of scarcity, the distribution of income and wealth, problems of monopoly power, labor unions and labor problems, environmental and energy concerns, and agricultural economics.
Components: Class
GE: Social Sciences
Typically Offered: Fall/Spring/Summer

ECONOMIC 2410 Interpretation of Business and Economic Data 3 Credits

The nature of statistical data in business and economics; the use of tabular, graphical and numerical analysis; probability, estimation and hypothesis testing; correlation and regression; index numbers, time series; and forecasting.
Components: Class
GE: Social Sciences
Prereqs/Coreqs: P: Math 1630 or higher (3 credits)
Typically Offered: All

ECONOMIC 2940 The Political Economy of Race, Gender and Ethnicity 3 Credits

This course uses economic principles to analyze salient issues involving people of color, women, and ethnic minorities. The focus is interdisciplinary, drawing from the fields of business, political science, and others. Pertinent principles and concepts are used to analyze causes and effects of the changing composition of U.S. families, to examine the nature and extent of discrimination within the U.S. economy, and to understand why issues involving race, ethnicity, and gender are of concern to us both individually and collectively.
Components: Class
Cross Offering: ETHNSTDY 2940, POLISCI 2940
GE: Ethnic Studies, Gender Studies
Typically Offered: Fall/Spring/Summer

ECONOMIC 3730 Money and Banking 3 Credits

A survey of the monetary and banking systems of the United States as part of the nation's overall financial system. Major topics include: organization and functioning of financial intermediaries; the key economic roles of lending institutions and the Federal Reserve System; contemporary monetary theories, international financial structures.
Components: Class
Prereqs/Coreqs: P: sophomore standing; recommended: ECONOMIC 2130 and ECONOMIC 2230
Typically Offered: Occasional

ECONOMIC 3850 Public Finance 3 Credits

Topics include: government expenditures, programs and public services; principles and processes for collective decision- making; sources, principles and effects of taxes and other government revenues, and deficits, debts and budgeting in the public sector.
Components: Class
Cross Offering: POLISCI 3850
Prereqs/Coreqs: P: ECONOMIC 2230
Typically Offered: Occasional

ECONOMIC 4330 International Economics 3 Credits

A study of the major aspects of international trade, finance and commercial policy under changing world conditions. Subjects studied include various theories of international trade, effects of tariffs and quotas, exchange rate determination, balance of payments analysis and policy, international monetary systems, international economic institutions and current problems.
Components: Class
Prereqs/Coreqs: P: ECONOMIC 2130, ECONOMIC 2230 and junior standing
Typically Offered: Occasional