Department of Economics
ECON 1103 - Introduction To Economics
This course is a study of the operation of the United States economy with emphasis on relevant problems as well as traditional problems of employment and efficient allocation of resources. This course is designed for non-majors and non-minors in economics and will not fulfill prerequisites for upper division courses in economics. This course will not substitute for ECON 2103 or 2203. Credit toward graduation will not be applied for ECON 1103 and ECON 2103 or ECON 2203 if ECON 1103 is taken after a student has received credit for ECON 2103 or ECON 2203.
ECON 1203 - Economics Of Social Issues
This course applies fundamental economic principles to the understanding of domestic and global issues such as poverty, treatment of minorities, immigration, agriculture, health, crime, labor markets, competition and monopoly, international trade and finance, and other important topics.
ECON 2000 - Topics In Economics
Credit will vary from 1 to 4 hours. Subject matter will vary within the department's field of study.
ECON 2063 - Introduction To Business Statistics
Introductory probability and statistical methods are presented employing statistical computer software and applications to typical business and economic problems. Topics include probability concepts, and distributions, sampling distribution estimation and hypothesis testing, and simple linear regression. Credit cannot be earned in both ECON 2063 and ECON 2173, or STAT 3103, or PSY 2753.
ECON 2103 - Principles Of Microeconomics
Economic principles with major emphasis on the efficient allocation of resources and microeconomic theory. Prerequisite for all upper division economics courses.
ECON 2173 - Principles Of Business Statistics
Introductory statistical methods are presented employing statistical computer software and applications to typical business and economic problems. Topics include: descriptive statistics, probability concepts, probability distribution, estimation, hypothesis testing, and introduction to econometric/regression analysis, and correlation. Prerequisite(s): MATH 2053. This course replaces DESC 2173. Credit cannot be earned for both ECON 2173 and STAT 3103.
ECON 2203 - Principles Of Macroeconomics
A continuation of the principles of economics involving the production, consumption, and distribution of wealth in a market economy with major emphasis in macroeconomic theory. Prerequisite for all upper division courses in economics. Prerequisite(s): ECON 2103.
ECON 2303 - Statistics For Health Care
This is an introductory statistics class for pre-nursing students and other healthcare professionals. It emphasizes statistical concepts used in later courses in evidence-based practice or in research, such as "Nursing Research/Evidence Based Practice," and in quality improvement studies. The course is much more conceptual than computational in emphasis. Prerequisite(s): Any 1000 level math class.
ECON 3000 - Workshop In Economics
Credit will vary from 1 to 6 hours. Subject matter will vary within the department's field of study. Normally involves lecture, films, guest speaker, etc. A grade of "P" or "F" is given. No more than 6 hours of workshop may be counted toward a bachelor's degree.
ECON 3103 - Money And Banking
A study of modern currency, banking, credit, and financial institutions and their impact upon economic efficiency. Prerequisite(s): ECON 2103, 2203.
ECON 3123 - Intermediate Business Statistics
This course, a continuation of ECON 2173, employs statistical computer software to present more advanced statistical methods applied to business and economic problems. Topics include: applied econometric/regression and correlation analysis, two-sample tests with numerical data, analysis of variance (one-way, two-way and multiple comparison), Chi-square statistics, and non-parametric statistics. Prerequisite(s): ECON 2173. This course replaces DESC 3113.
ECON 3203 - Intermediate Microeconomics
Topics of this course include: analysis of behavior of consumers, firms, resource owners, and public entities; theoretical models of industrial organization and performance; identification and analysis of potential market failures and government interventions; development of efficiency and equity concepts. Prerequisite(s): ECON 2103.
ECON 3353 - Principles Of Public Finance
The nature, cause, scope, and magnitude of public expenditures; nature and sources of public revenues, distribution of tax burdens, public debt, and fiscal theory and policy. Prerequisite(s): ECON 2103, 2203.
ECON 3403 - Social Control Of Industry
A study of the role of government in a market economy with emphasis upon control and regulation on concentration of economic power. Prerequisite(s): ECON 2103, 2203.
ECON 3603 - Economic History Of US
A study of the economic development of the United States from the earliest settlement to the present with emphasis on the economic forces influencing growth and development. Prerequisite(s): ECON 1103 or 2203.
ECON 3653 - Intermediate Macroeconomics
This course is a study and analysis of the determinants of aggregate output, employment, and prices including monetary and fiscal policy. Prerequisite(s): ECON 2103, 2203.
ECON 3990 - Advanced Topics In Economics
Credit will vary from 1 to 4 hours. Subject matter will vary within the department's field of study.
ECON 4103 - Economic Growth & Development
This course is a theoretical and comparative study of the growth and development process in developing countries, including developing strategies, industrialization, technical change, income distribution, migration savings mobilization, and investment and trade policies. Prerequisite(s): ECON 2103, 2203.
ECON 4203 - Economic Fluctuation & Stabilization
An analysis of economic fluctuations with emphasis upon macroeconomic stabilization policies and forecasting. Prerequisite(s): ECON 2103, 2203.
ECON 4213 - Quant Business Forecasting
This course is designed to lead students through the most helpful techniques to use in any forecasting effort. The course will concentrate on methods of describing a time series by isolating various components such as trend, seasonality, cyclical, and irregular that make up a time series. The main forecasting techniques include: moving average and exponential smoothing, linear and nonlinear trend, multiple linear regression, and the Box-Jenkins approach. Prerequisite(s): ECON 3123.
ECON 4303 - Urban Economics
This course is a study of urban economic topics, including the development of cities, urban land-use patterns, transportation, housing, education, pollution, poverty, crime, and urban public finance. Prerequisite(s): ECON 1103 or 2103; ECON 2203 recommended.
ECON 4313 - Introduction To Econometrics
Application of elementary mathematical and statistical methods to problems in price theory and national income theory. Prerequisite(s): ECON 2103, 2203.
ECON 4323 - Policy Analysis
An introduction to analytical tools used in evaluating private and public sector policies, with applications to federal, state, and local government policies and projects. Prerequisite(s): ECON 2203.
ECON 4333 - Economics Of Education
This course will explore a range of issues surrounding the production and delivery of education, the impact of education on individual earnings, and the role of education in economic development. Prerequisite(s): ECON 1103, 2103.
ECON 4343 - Economics And Law
This course is an advanced investigation of the underlying economic basis of common law including the economics of property, contract, tort, criminal, and family law. Prerequisite(s): ECON 1103 or 2103.
ECON 4353 - Social Welfare Economics
A study of the theory of social welfare with emphasis upon the institutional arrangements in a market economy. Prerequisite(s): ECON 2103, 2203.
ECON 4363 - Industrial Organization
This course examines alternative forms of industrial organization with emphasis placed on underlying structure, market performance/conduct, social welfare implications, and policy alternatives such as regulation and antitrust. Prerequisite(s): ECON 2103.
ECON 4373 - Health Care Economics
This course explores health care from an economic perspective, by examining the nature of demand and identifying suppliers of health care in order to achieve an understanding of market incentives and performance. In addition, the course examines those health care market characteristics that prevent market forces from generating socially desirable outcomes: market power, imperfect information, uncertainty, and externalities, as well as the inherent conflict arising from the desire to assure "equal access" to health care for all individuals despite widely divergent incomes. Government interventions in health care markets are examined and critiqued. Prerequisite(s): ECON 1103 or 2103.
ECON 4383 - Problems In Manpower Economics
A study of modern problems in utilization of manpower. Prerequisite(s): ECON 2103, 2203.
ECON 4403 - International Economics
This course is a study of the theory of international trade, commercial policy, preferential trading arrangements, and topics on the balance of payments and the international adjustment mechanism. Prerequisite(s): ECON 2103, 2203.
ECON 4423 - Econometric Methods
This course is designed to give students an understanding of why econometrics is necessary and to provide them a working knowledge of basic econometrics. Emphasis will be placed on understanding when to adopt a particular model or technique, how to implement it, and how to interpret the results. Statistical analysis and regression techniques using computer software will be employed. Prerequisite(s): ECON 2173 and (ECON 2103 or 2203).
ECON 4433 - International Monetary Relations
The course discusses concepts in international macroeconomics such as the balance of payments, the current account, the exchange rate, foreign exchange markets, national output and the international monetary system. The course analyzes the interaction of national economies through international financial markets. The course will also cover policy issues including exchange rate management, optimum currency areas, history of international monetary systems, adjustment mechanisms, and interventions on the foreign exchange market. Prerequisite(s): ECON 2203.
ECON 4503 - Evolution Of Economic Thought
A survey of the evolution and development of economic thought. Analysis of various contributions by economists to economic knowledge. Prerequisite(s): ECON 2103, 2203.
ECON 4513 - Labor Economics & Public Policy
Topics in this course include development of neoclassical labor market theory with in-depth investigation of the determination of hours of work and wages; study of the impact of unions and government policy such as affirmative action, minimum wages, and immigration on labor markets; consideration of the investment in human capital and its role in the determination of earnings; and analysis of problems associated with labor market outcomes including discrimination and poverty. Prerequisite(s): ECON 2103, 2203. This course replaces ECON 3503.
ECON 4603 - Comparative Economic Systems
This course consists of the study and comparison of major economic systems, including capitalism, socialism and mixed economic systems; an analysis of their relative efficiency; and a survey of the main problems faced by economics in transition. Prerequisite(s): ECON 2103, 2203.
ECON 4703 - Issues In Monetary Theories
A study and discussion of monetary economic theories and issues, including the role of money, monetary policy, monetary policy tools, demand for money, interest rates, rational expectations, monetary approach to the balance of payments, Keynesian-monetarists debates, and related models. Prerequisite(s): ECON 2103, 2203.
ECON 4713 - Resource Economics
An analysis of world resource supplies, allocation, adequacies, and environmental problems emphasizing the role of technology and utilization. Prerequisite(s): ECON 2103, 2203.
ECON 4893 - Applied Research & Analysis Tools
This course develops skills required for effective application of economic theory and analysis to problems commonly encountered in the work environment, including skills related to library research, data collection and manipulation, statistical analysis, computers, internet and communication. Prerequisite(s): ECON 1103 or 2203 and STAT 3103 or ECON 2173 (previously DESC 2173).
ECON 4900 - Practicum In Economics
Credit will vary from 1 to 4 hours. Subject matter will vary within the department's field of study.
ECON 4910 - Seminar In Economics
Credit will vary from 1 to 4 hours. Subject matter will vary within the department's field of study.
ECON 4930 - Individual Study In Economics
Credit will vary from 1 to 4 hours. Subject matter will vary within the department's field of study.
ECON 4940 - Field Study In Economics
Credit will vary from 1 to 6 hours. Subject matter will vary within the department's field of study.
ECON 4950 - Internship In Economics
Credit will vary from 1 to 8 hours.
ECON 4960 - Institute In Economics
Credit will vary from 1 to 8 hours. Subject matter will vary within the department's field of study.
ECON 4970 - Study Tour In Economics
Credit will vary. Subject matter will vary within the department's field of study.
ECON 4980 - Workshop In Economics
Credit will vary from 1 to 4 hours. Subject matter will vary within the department's field of study. Normally involves lecture, films, guest speaker, etc. A grade of "P" or "F" is given. No more than 6 hours of workshop may be counted toward a bachelor's degree.
ECON 5000 - Workshop In Economics
Credit will vary from 1 to 4 hours; subject matter will vary within the department's field of study. Normally involves lecture, films, guest speaker, etc. A grade of "P" or "F" is given. No more than 2 hours of workshop may be counted on a master's degree.
ECON 5103 - Microeconomic Analysis
Use of economic theory and analysis in the solution of business and public policy problems using demand and cost estimation and analysis, economic forecasting, and cost/benefit analysis. Investigation of various forms of competitive and noncompetitive behavior. Prerequisite(s): Completed all prerequisites for the MBA Program.
ECON 5203 - Economic Growth & Development
A comprehensive study of the economic growth and development process in developing countries, including development strategies, industrialization, technical change, income distribution, migration, savings mobilization and investment and trade policies. Prerequisite(s): Completed all prerequisites for the MBA Program.
ECON 5303 - Quantitative Economics
The use of mathematical techniques in the development and verification of economic theory and economic models, including static (equilibrium) analysis, linear models, comparative static analysis, optimization techniques, and dynamic analysis. Prerequisite(s): Completed all prerequisites for the MBA Program with a minimum grade: C.
ECON 5323 - Policy Analysis
A comprehensive exposure to analytical tools used in evaluating investments, projects, and policies, with specific applications to federal, state, and local government policies and projects. Prerequisite(s): Completed all prerequisites for the MBA Program.
ECON 5333 - Urban Economics
A comprehensive study of the history, origin and evolution of cities, including an analysis of urban land use, public finance, transportation, pollution, crime, poverty, housing, and economic development issues. Prerequisite(s): Completed all prerequisites for the MBA Program.
ECON 5343 - Economic Analysis Of Law
An advanced investigation of the underlying economic basis of common law including the economics of property, contract, tort, criminal and family law. Prerequisite(s): Completed all prerequisites for the MBA Program.
ECON 5353 - Economics Of Education
An advanced study of issues surrounding the production and delivery of education, the impact of education on individual earnings, and the role of education in economic development. Prerequisite(s): Completed all prerequisites for the MBA Program.
ECON 5363 - Market Structure/Regulation/Antitrust
Use of theory, case studies and legal precedents to investigate alternative forms of industrial organization, with emphasis placed on underlying structure, market performance/conduct, social welfare implications, and policy alternatives such as regulation and antitrust. Prerequisite(s): Completed all prerequisites for the MBA Program.
ECON 5373 - Health Care Economics
A comprehensive examination of health care markets through analysis of market incentives and behavior of demanders and providers. Characteristics that prevent market forces from generating socially desirable outcomes are analyzed, including imperfect information, uncertainty, and externalities, as well as the inherent conflict arising from the desire to assure "equal access" for all individuals despite divergent incomes. Government interventions are examined and critiqued using economic theory. Prerequisite(s): Completed all prerequisites for the MBA Program.
ECON 5403 - International Economics
A comprehensive study of the theory of international trade, commercial policy, preferential trading arrangements, and topics on the balance of payments and the international adjustment mechanism. Prerequisite(s): Completed all prerequisites for the MBA Program.
ECON 5453 - Advanced Business Statistics
General linear models for estimating and testing, problem analysis, and interpretations of various statistical models. he topics treated include general linear and nonlinear regression models in matrix terms, inferences in regression analysis, multivariate analysis, analysis of covariance, discriminate analysis, analysis of categorical data, the Box-Jenkins approach to forecasting, and some topics in sampling techniques. Prerequisite(s): Completed all prerequisites for the MBA Program.
ECON 5483 - Microeconomic Theory
Advanced analysis of the theories of demand, supply production, cost, the firm, and market organizations. Prerequisite(s): Completed all prerequisites for the MBA Program.
ECON 5503 - Macroeconomics Analysis
A theoretical and applied analysis of national income, employment, interest rates, economic growth, exchange rates, fiscal and monetary policy, supply shock, and related topics, with emphasis on the impact of macroeconomic forces on the business community. Prerequisite(s): Completed all prerequisites for the MBA Program.
ECON 5523 - Policy Issues In Labor Economics
Applies labor economic theory and economic tools to the analysis of contemporary public policy issues in labor economics. Prerequisite(s): Completed all prerequisites for the MBA Program.
ECON 5603 - Comparative Economic Systems
A comprehensive study and comparison of major economic systems, including capitalism, socialism and mixed economic systems; an analysis of their relative efficiency; and a survey of the main problems faced by economies in transition. Prerequisite(s): Completed all prerequisites for the MBA Program.
ECON 5893 - Applied Research & Analysis Tools
Provides the applied knowledge, advanced technical and library skills, and hands-on experience necessary for performing economic research and analysis. Prerequisite(s): Completed all prerequisites for the MBA Program.
ECON 5900 - Practicum In Economics
Credit will vary from 1 to 4 hours. Subject matter will vary within the department's field of study.
ECON 5910 - Seminar / Special Topics
Credit will vary from 1 to 4 hours. Subject matter will vary within the department's field of study.
ECON 5930 - Individual Study In Economics
Credit will vary from 1 to 4 hours. Subject matter will vary within the department's field of study.
ECON 5950 - Internship In Economics
Credit will vary from 1 to 8 hours. Subject matter will vary within the department's field of study. Supervised practical experience gained in a professional field by an advanced or graduate student.
ECON 5960 - Institute In Economics
Credit will vary from 1 to 8 hours. Subject matter will vary within the department's field of study.
ECON 5970 - Study Tour
Credit will vary. Subject matter will vary within the department's field of study.
ECON 5990 - Thesis
Credit will vary from 1 to 6 hours. Subject matter will vary within the department's field of study.