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Course Descriptions

Economics Course Listings - Fall 2012


ECON 190S - Principles of Economics
4 semester hours
Lawrence, Gwinn, Tiffany, Frederick, Wishart, David

Prerequisites: Students must have attained the math placement level 22 to enroll.
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. Lecture/discussion format.

ECON 205 - Macroeconomic Stabilization Policy
2 semester hours
Gwinn, Lawrence

Prerequisite:  Economics 190S
Macroeconomic Stabilization Policy is a two-semester hour course building on the fundamentals learned in Economics 190.  The course is intended to elevate the understanding of economics, financial economics, and management majors to a level that allows them to understand the macroeconomic environment in which institutions operate and to easily transition to upper level economics courses that employ macroeconomic analysis.  Economics 205 also covers the relationship between foreign exchange rate systems and the domestic economy.  The course will be of interest to any student desiring further study of how central banks and governments use monetary and fiscal policy in response to the problems of inflation and unemployment. 

ECON 220C - Economics of Developing Areas
4 semester hours
Frost, Marcia

This course is concerned with the post World War II experiences and future prospects of the developing nations of Africa, Asia, Latin America and transition Eurasia. Topics include measures of development, alternative strategies for development, demography, human capital and labor, agriculture and finance. Lecture/discussion format.

ECON 265 - Economics of Sports
4 credits
Ankrom, Jeff

Prerequisites: ECON 190
Why do professional athletes make so much money?  Why do cities use tax incentives to attract teams to their markets? Is the NCAA a cartel, and does it have the interests of student athletes in mind? How does money affect the competitive balance of sports leagues? Is amateurism possible today? These are some of the questions that will be addressed in this course. Sports are a huge business in the U.S. and ECON 290 examines the forces that have changed sports in recent decades.  Grade is determined by three exams, a number of short writing assignments and the quality of classroom participation. Lecture/discussion format.


ECON 280 - Managerial Economics
4 Semester hours
Tiffany, Frederick

Prerequisites: MATH 120Q or Math Placement level 25 and ECON 190S
In this course, students will extend their understanding of microeconomic theory and its use in managerial decision-making. Topics will include the theories of demand, production, and cost and market structure. Game theory will be employed in the analysis of oligopolistic markets.
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. Note: A student cannot receive credit for both ECON 280 and ECON 310.

ECON 300 - Econometrics
4 semester hours
Gwinn, Lawrence

Prerequisites: ECON 190 and MATH 131Q or its equivalent and BUSN 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
4 semester hours
Tiffany, Frederick

Prerequisites: MATH 120 or Math Placement level 25 and ECON 190.
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 350 - Environmental & Natural Resource Economics
4 semester hours
Wishart, David

Prerequisites: ECON 190 and MATH 120 or their equivalents.
This course examines economic approaches to coping with environmental problems and natural resource scarcity. Emphasis is given to the clear definition and enforcement of property rights as a means to avoid environmental problems. Models for pricing various renewable and nonrenewable natural resources are explored. The role of population change in environmental and natural resource issues is considered. Two exams and a final will be given. Students will write a 10 to 15 page term paper. Writing Intensive.

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