Economics (ECON)
  • ECON-E 101 Survey of Economic Issues & Problems (3 cr.) For non-Business and non-Economics majors only. This is the first semester of a principles of Economincs course for those who only need one Economics course. Basic economic principles applied to current social issues and problems. Topics covered will typically include inflation, unemployment, wage and price controls, welfare, social security, national debt, health programs, food prices, pollution, crime, mass transit, revenue sharing, multinationals, population, and energy. Not open to those with previous college-level economics courses.
  • ECON-E 103 Intro to Microeconomics (3 cr.) Scarcity, opportunity cost, competitive and non-competitive market pricing, and interdependence as an analytical core. Individual sections apply this core to a variety of current economic policy problems such as poverty, pollution, excise taxes, rent controls, and farm subsidies.
  • ECON-E 104 Intro to Macroeconomics (3 cr.) Measuring and explaining aggregate economic performance, money, monetary policy, and fiscal policy as an analytical core. Individual sections apply this core to a variety of current economic policy problems such as inflation, unemployment, and economic growth.
  • ECON-E 200 Fundamentals of Economics and an Overview (3 cr.) Study of the basic institutions of market economy and the role they play in defining and pursuing economic goals in the U.S. economy. Emphasis is placed upon the effects of existing economic institutions; current economic policy alternatives as they affect both the individual and the society.
  • ECON-E 201 Introduction to Microeconomics (3 cr.) P: MATH-M 102, M110, M112, M114, M118, A118, T101 or above with a C- or higher. An analysis of evolution of market structure using the analytical concepts of supply and demand, opportunity cost, and marginal analysis.  Applications include a variety of concurrent microeconomic issues.
  • ECON-E 202 Introduction to Macroeconomics (3 cr.) P:  ECON-E 201 with a C- or higher. An introduction to macroeconomics which studies the economy as a whole; the level of output, prices and employment, how they are measured and how they can be changed; money and banking; international trade; and economic growth.
  • ECON-E 270 Introduction to Statistical Theory in Economics and Business (3 cr.) P: MATH-M 122 or MATH-M 118 & BUS-K 201 (or Demonstrated equivalent Excel Skills); or MATH-M 129 with a C- better. This course reviews basic concepts of probability and statistics, using them to study the properties of statistical samples, summary statistics for those samples and their use to test statistical hypotheses.  It also studies basic statistical decision theory and the use of statistical techniques to study relationships between variables: regression and correlation analysis, analysis of variance.
  • ECON-E 321 Intermediate Microeconomic Theory (3 cr.) P: ECON-E 200 or ECON-E 202. Consumer and producer theory; pricing under conditions of competition and monopoly; allocation and pricing of resources; partial and general equilibrium theory and welfare economics.
  • ECON-E 280 Applied Statistics for Business and Economics I (3 cr.) P: MATH-M 122 and BUS-K 201 or equivalent Excel skills. Summary measures of central tendency and variability. Basic concepts in probability and important probability distributions. Sampling, sampling distributions and basic estimation concepts such as confidence interval estimation and hypothesis testing. B.S. in Business students must complete ECON-E 280 and ECON-E 281 in first 80 hours of course work.
  • ECON-E 281 Applied Statistics for Business and Economics II (3 cr.) P: BUS-K 201, MATH-M 119 and ECON-E 270 or MATH-K 300 Balanced coverage of statistical concepts and methods, along with practical advice on their effective application to real-world problems. Topics include simple and multiple linear regression, time-series analysis, statistical process control and decision making. Use of Excel in statistical applications required. B.S. in Business students must complete ECON-E 281 in first 80 hours of course work.
  • ECON-E 322 Intermediate Macroeconomic Theory (3 cr.) P: ECON-E 200 or ECON-E 202. Theory of income, employment, and the price level. Study of counter-cyclical and other public policy measures. National income accounting.
  • ECON-E 323 Urban Economics (3 cr.) P: ECON-E 200 or ECON-E 202 and ECON-E 280 or ECON-E 270 and Junior standing. Introduction to basic concepts and techniques of urban economic analysis to facilitate understanding of urban problems; urban growth and structure, poverty, housing, transportation, and public provision of urban services.
  • ECON-E 333 International Economics (3 cr.) P: ECON-E 200 or ECON-E 202. Forces determining international trade, finance, and commercial policy under changing world conditions; theory of international trade, monetary standards, tariff policy, trade controls.
  • ECON-E 338 Business & Economic Applications of Geographical Information Systems (3 cr.) P: ECON-E 200 or ECON-E 202 and ECON-E 280 or ECON-E 270 and Junior standing. The use of Geographic Information Systems (GIS) has become a standard feature amongst government and corporate agencies either for resource management or planning. In the corporate world, GIS is heavily used in locating businesses or retail outlets, food industries, transportation networks, etc. In this course students will be exposed to various applications of GIS with a primary focus on business and economic issues. This course does not cover GIS programming and development of application programs.
  • ECON-E 340 Introduction to Labor Economics (3 cr.) P: ECON-E 200 or ECON-E 202. Economic analysis of labor markets, including market structure and labor market policies. Topics include minimum wage, mandated benefits, labor unions, discrimination, welfare policy.
  • ECON-E 350 Money and Banking (3 cr.) P: ECON-E 200 or ECON-E 202. Monetary and banking system of the United States; problems of money and prices, of proper organization and functioning of commercial banking and Federal Reserve systems, of monetary standards, and of credit control; recent monetary and banking trends.
  • ECON-E 363 Environmental and Natural Resource Economics (3 cr.) Basic theory and policy of such topics as pollution, resource depletion, environmental risk and resource conservation. Issues covered include limits to growth, quality of life and the appropriate roles for the private market and federal control.
  • ECON-E 371 Introduction to Applied Econometrics (3 cr.) P:  ECON-E 251 or ECON-B 251; and ECON-E 370 or ECON-S 370; and MATH-J 113, MATH-M 119, MATH-V 119, MATH-M 211, or MATH-S 211 An introduction to the theory and application of least-squares regression in empirical economics. Review of bivariate and multivariate regression models, hypothesis testing, and confidence intervals.  Special topics include model specification, multicollinearity, heteroscedasticity, dummy variables, interactions, and various sources of estimation bias. Students will learn to work with both cross-sectional and time-series datasets, and analyze the data using an econometrics software package.
  • ECON-E 408 Undergraduate Readings in Economics (3 cr.) Individual readings and research. Restricted to majors in economics.
  • ECON-E 490 Advanced Undergraduate Seminar in Economics (3 cr.) Advanced intensive study of a topic area in economics. Topics will vary.
  • ECON-E 470 Econometric Theory and Practice (3 cr.) P: ECON-E 200 or ECON-E 202 and ECON-E 281 The purpose of this course is to teach students to model and estimate economic problems effectively. Classical regression analysis and its most important exceptions (special cases) will be addressed. Understanding the intuition behind modeling the system and the subsequent results will also be heavily emphasized.

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