ECON 190 – Principles of Economics
Ankrom, Frost, Gwinn, Tiffany, Wishart
An introduction to basic principles of economics.
Topics covered include supply and demand, marginal analysis, competition, profit
maximization, aggregate demand and supply, the level of employment, inflation,
fiscal policy, monetary policy, and international trade. Students must have
attained the math placement level 22 to enroll. Lecture/discussion format.
ECON 231 - European Economic History
Prerequisites: ECON 190
This course examines the evolution of capitalism in Europe from the 15th century to the present, the impact of European capitalism on economies and societies in the Middle East, Africa, Asia, and the Americas, the rise and demise of centrally planned state socialist economies in Russia and the Eastern European countries, and the prospects for European economic integration. The topics presented in this course will emphasize the use of principles of economics to understand historical change and methods of empirical analysis that are commonly used by economic historians. Grades will be determined by two exams, a final, and a 10-15 page term paper. Lecture/discussion format. Writing Intensive.
ECON 280 – Managerial Economics
Prerequisites: ECON 190 and MGT 210
In this course, students will extend their understanding of microeconomic theory and its use in managerial decision-making. In addition to studying the theories of demand, production and cost, students will be introduced to the statistical method of regression analysis and its use in applying these theories to real-world problems. Theories of market structure and capital budgeting will also be considered.
The course will have a lecture/discussion format. Students will be evaluated on the basis of two or three midterm examinations, a final examination, and frequent homework assignments.
ECON 300 – Econometrics
Prerequisites: ECON 190 and MGT 210 or its equivalent.
Econometrics revolves around constructing
and statistically testing economic models. The lectures will focus on discussing
methodology in economics and learning the fundamentals of regression analysis.
In addition, a large portion of the course will be devoted to research projects
in which students use a computer regression package to test economic theory
against empirical evidence, analyze economic policies, and forecast economic
variables. Writing Intensive.
ECON 310 - Intermediate Microeconomic Theory
Prerequisites: ECON 190 and MATH 120
Economics 310 is a rigorous examination and extension of the microeconomic principles learned in ECON 190. Formal models of consumer and producer behavior are presented, along with theories of market behavior under assumptions of both perfect and imperfect competition. It is essential that students taking this course have a thorough understanding of ECON 190 and MATH 120. Lecture/discussion format. Grade is based on two midterm exams and a comprehensive final exam.
ECON 315 - Economics of Labor
Prerequisites: ECON 190
Labor economics explores the determinants of the supply of and demand for labor, wages, and working conditions, and the productivity of labor. It is concerned with both the microeconomic decision-making of individuals, households and firms, and the macroeconomic outcomes of their decisions. The course will introduce and apply the basic analytical tools of intermediate microeconomics including indifference and isoquant curves. Students may choose an optional service learning opportunity to meet some course requirements. Writing Intensive.
ECON 330 - International Trade and Finance
Prerequisites: ECON 190 and MATH 120.
Study of the principles governing the effect of international trade and trade restrictions on national warfare, as well as the effect of exchange rate systems on domestic income and prices. Attention is also given to international economic institutions and their policies.
ECON 340 - Public Finance
Prerequisites: ECON 190, and MATH 120.
Public Finance traditionally deals with the role and impact of government (or public sector) activity on economic activity, income distribution and the efficiency of the economy. The course is divided into three parts:
ECON 350 - Environmental and Natural Resources
Prerequisites: ECON 190 and MATH 120 or their equivalents.
This course will enable students to discuss alternative views on the relationship between population growth and the prospects for improvement in living standards over time. The relationship between population growth and living standards will be examined in the context of different economic models in the light of empirical evidence. Students will also learn about the role that markets play in allocating scarce renewable and nonrenewable natural resources. Limitations of a market approach to allocation of natural resources will be considered. Policy options for coping with environmental degradation that embody market and nonmarket approaches will be evaluated. Two exams and a final will be given. Students will write a 10 to 15 page research paper. The format is lecture/discussion. Writing Intensive.