Department of Economics Course Information
ECO 1010 Survey of Current Economic Issues/(3).F;S. Application of basic economic concepts in the analysis of current issues such as: unemployment, inflation, energy, pollution, poverty, government regulation, etc. Prerequisite: None. (CORE: SOCIAL SCIENCES)
ECO 1530-1549 Selected Topics/(1-4). On Demand.
ECO 2030 Principles of Economics-Price Theory/(3).F;S. A brief introduction to the study of economics followed by an in-depth analysis of microeconomics, including: the price mechanism and supply and demand analysis; consumer choice; cost and revenue analysis of the firm; market structures; factor markets and income distribution; market failure and the role of government; and current economic problems such as pollution, poverty and discrimination. Prerequisite: completion of core curriculum mathematics requirement. (CORE: SOCIAL SCIENCES)
ECO 2040 Principles of Economics Macro/(3).F;S. An in-depth analysis of macroeconomics including: aggregate economic measures; aggregate supply and demand analysis; economic fluctuations and growth; money, banking and credit; stabilization policy; problems such as unemployment, inflation and budget and trade deficits; and international trade and finance. Prerequisites: ECO 2030 or permission of instructor, and completion of core curriculum mathematics requirement. (NUMERICAL DATA)
ECO 2100 Business and Economic Statistics I/(3).F;S. A study of statistical tools used to analyze business and economic problems. The major subject matter includes descriptive statistics, the concepts of probability, confidence intervals and hypothetical testing, and statistical comparisons of production and marketing methods. Prerequisites: MAT 1030 or MAT 1020. (NUMERICAL DATA)
ECO 2200 Business and Economic Statistics II/(3).F;S. Applications of statistical tools to a variety of business and economic situations. These tools include survey sampling methods, hypothesis testing using analysis of variance, regression and time-series analysis, and nonparametric statistics. Computer applications using current industry-standard statistical software programs are emphasized. Writing statistical reports is also emphasized. Prerequisites: ECO 2030, 2040, 2100. (NUMERICAL DATA; COMPUTER) (ND Prerequisite: Passing the math placement test or successful completion of MAT 0010.)
ECO 2500 Independent Study/(14).F;S.
ECO 2530-2549 Selected Topics/(1-4). On Demand.
ECO 3010 Intermediate Price Theory/ (3).F;S. An intermediate course in economic theory with emphasis on the theory of consumer behavior, price theory and resource allocation. Prerequisites: ECO 2030, 2040.
ECO 3020 Macroeconomic Analysis/ (3).F;S. An intermediate course in economic theory with emphasis on the analysis of the determinants of the nation's income, output, employment, and general price level. Prerequisites: ECO 3010 or permission of the instructor.
ECO 3070 Money and Banking/(3).S. An institutional and theoretical study of the structure and functioning of the central and commercial banking systems in the United States, money and monetary theory, the money and capital markets and financial intermediaries, and monetary policy. Prerequisites: ECO 2030, 2040.
ECO 3350 Public Finance and Taxation/(3). On Demand. Economics analysis of government revenues and expenditures, impact of the government budget, shifting, and incidence of taxation, public debt, fiscal policies. Prerequisites: ECO 2030, 2040.
ECO 3351. American Economic History/(3). F. Evolution of the American economy from colonial times through World War II. Emphasis is upon (1) the integration of African European and Native American economic activities into an interdependent system, (2) the spatial integration of diverse geographic regions into an integrated national economy, (3) the transition from a predominantly rural and agricultural economy into a mainly urban, industrial and commercial economy, (4) the Great Depression and the growth of government intervention in economic activity, (5) the changing balance between domestic and foreign commerce and (6) the role of war in American economic geography are combined with those of economic analysis to understand American history . Prerequisite: ECO 1010 or 2030. (SPEAKING; MULTI-CULTURAL; CROSS-DISCIPLINARY)
ECO 3410 International Economics/(3)-F;S. A survey of the theory, development, and practice of the international trade and payments system. Special attention is given to the basic concepts and different mechanisms which have been and are used in international economic affairs, as well as to governmental policies and domestic and international institutions regulating them. Prerequisites: ECO 2030,2040. (WRITING; MULTI-CULTURAL)
ECO 3500 Independent Study/(I-4).F;S.
ECO 3520 Instructional Assistance(1).F;S. A supervised experience in the instructional process on the university level through direct participation in a classroom situation. Grading will be on a satisfactory/unsatisfactory basis only. Prerequisite: junior or senior standing. May be repeated for a total credit of three semester hours.
ECO 3530-3549 Selected Topics/(I-4). On Demand. Topics covered have ranged from mathematical economics to economics of the law. Prerequisite: permission of the instructor.
ECO 3610. Economics of Health Care/(3). S.Economic theory is applied to the health care industry. Included is an overall perspective of the health care industry, identification of the factors influencing the demand for and the supply of health care: identification of some costs and benefits of health programs, hospital organization and efficiency, and a consideration of alternative methods of financing health care. Prerequisite: ECO 2030, 2040, and 2100. (WRITING)
ECO 3620 Environmental Economics/(3). F. Examines the implications of economic theory and how it relates to the environment and environmental activity. The course examines the continuing conflict between market forces and environmental integrity and explains how economic theory views the relationship between economic activity and the natural world. Examples of local, regional, national, and international issues are presented and discussed.
ECO 3650. Industrial Organization and Public Theory and Toward Business/(3). On Demand. A study of the structure of firms and markets and of their interactions. It first considers the basics of competition, monopoly, oligopoly, and monopolistic competition. It then considers the "new industrial organization" which includes topics such as strategic behavior, price discrimination, nonlinear pricing, vertical integration and vertical restrictions, information, and advertising, and government policies and their effects. Prerequisites: ECO 2030, 2040, MAT 1030 or equivalent. (WRITING)
ECO 3710. Managerial Economics/(3). S. Use of statistical and mathematical concepts and techniques in solving problems in economics. Microeconomic theory is reviewed and optimizing techniques used in decision making. Prerequisites: ECO 2030, 2040, and 2100 or equivalent.
ECO 3720. Economics of Personnel/(3). S. Application of economic analysis to personnel issues. Topics include hiring, training, the method of pay, and motivation and evaluation of workers. Prerequisites: ECO 2030, 2040. (WRITING)
ECO 3800. Urban and Regional Economics/(3). On Demand. An examination of the institutional background necessary for urban and regional growth. An introduction to theoretical models of growth. Prerequisites: ECO 2030, 2040. (CROSS-DISCIPLINARY)
ECO 3900Internship/(6 or 9).F;S. A full-time work experience in business. Nine semester hours of credit are granted for a normal 15 week internship with six semester hours granted for a 10-week internship. Students are encouraged to do internships during the summer between their junior and senior years of study. Prerequisites: full admission to the College of Business or College of Arts and Sciences, junior or senior standing, and permission of department chairperson and internship coordinator. Graded on an S/U basis.
ECO 4510. Senior Honors Thesis/(3). On Demand. Independent study and research project directed by departmental faculty advisor on a topic of mutual interest to both students and advisor. The thesis should be completed during the senior year as a final requirement for graduation with honors in business and includes a formal presentation to the college faculty.
ECO 4530-4549. Selected topics/(1-4). On Demand.
ECO 4630History of Economic Thought/(3).S. Origin, development, and analysis of the major trends, contributions, and conflicts in the development of modern economic philosophy, analysis, and theory. Prerequisite: ECO 2030, 2040. (WRITING)
ECO 4640 International Economic Policy/(3).S. A seminar in foreign economic policy issues. Issues such as balance of payment disequilibrium and adjustment, tariff and trade policy, the exchange rate, trade and aid in developing countries, East-West trade restrictions, regulation of multinational corporations, are presented through the most current readings in professional and practitioner's journals. Prerequisite: ECO 3410 or permission of the instructor. (SPEAKING; WRITING)
ECO 4740Applications for Forecasting Techniques/(3).F. The study of the behavior of time series (data collected over a period of time) in order to explain past and forecast future events and conditions in business and economics. Major emphasis will be placed on the understanding and application rather than the theoretical and computational aspects of the statistical techniques. This will be accomplished through heavy usage of canned computer programs (same as POM 4740). Prerequisite: ECO 2200, or permission of the instructor. (NUMERICAL DATA; WRITING; COMPUTER)
ECO 4750Econometrics/(3).S. Identification, measurement, and interpretation of demand, production, cost and consumption relationships, including simple and multiple regression analysis of time series and cross sectional data. Prerequisites: ECO 2030, 2040, and 2200 or permission of the instructor. (COMPUTER)
ECO 4810Seminar in Economics/(3).F;S. In-depth research and analysis of selected economic issues and problems. Required of all seniors majoring in economics or banking. Students participate in discussions of significant economic problems, theories and policies. Preparation of empirical papers that apply theoretical models and quantitative methods is required. These papers will be presented orally and in writing to the seminar participants. Prerequisites: ECO 3010, 3020 and senior standing. (SPEAKING; WRITING)
ECO 5150. Business Economics/(3).F. Intensive study of economic decision techniques for management. Topics include estimation of demand and cost functions, analysis of economic forecasts and business cycles, analysis of price and non-price competition, allocation and distributional effects of regulation, taxation, and fiscal and monetary policy, cost-benefit and cost effectiveness analyses for the not-for-profit sector. Primary emphasis will be placed on the understanding and application, rather than the theoretical and computational aspects, of these techniques. Prerequisite: admission to the MBA program or permission approved by the Assistant Dean for Graduate and international Programs in the Walker College of Business.
ECO 5500. Independent Study/(1-4).F;S.
ECO 5530-5549. Selected Topics/(1-4).F;S.
ECO 5989. Graduate Research/(1-9).F;S. This course is designed to provide access to University facilities for continuing graduate research at the master's and specialist's levels. Graded on an S/U basis. ECO 5989 does not count toward a degree.