Economics

ECO 100 Principles of Macroeconomics 3 SH
Designed to acquaint the student with basic macroeconomic concepts, theories and their applications. Topics include the capitalist enterprise systems, supply and demand, national income analysis, fiscal policy, money and banking, economic growth and international economics. Every semester. Note: It is recommended that students have either completed MAT 098 or have achieved scores on the appropriate mathematics test equivalent to or higher than MAT 098. General Education: Social Sciences.

ECO 101 Principles of Microeconomics 3 SH
Designed to acquaint the student with basic microeconomic concepts, theories and their applications. Topics include the theory of consumer demand, costs of production, theories of firm behavior in different market structures, resources allocation, income distribution and international trade. Every semester. Note: It is recommended that students have either completed MAT 098 or have achieved scores on the appropriate mathematics test equivalent to or higher than MAT 098. General Education: Social Sciences.

ECO/PS 110 Introduction to Political Economy 3 SH
Course examines systems of wealth, power and poverty at global and national levels. Topics include: the origins of the politico-economic domination of the world by the west; the globalization of industrial capitalism; colonialism and neocolonialism; communism; and the development of the world environmental crisis. Spring semester. General Education: Social Sciences.

ECO 201 Comparative Economic Systems 3 SH
Studies the theories of capitalism and socialism. Compares and evaluates a variety of economic systems with respect to the many factors which directly or indirectly affect economic behavior and outcomes. Alternate spring semesters. Prerequisite: ECO 100. General Education: Social Sciences.

ECO 202 Labor Economics 3 SH
Analysis of the structure of employment and human resource theory. A study of the labor market operation, wage theory, collective bargaining and related private and public programs. Fall semester of odd-numbered years. Prerequisite: ECO 100 and ECO 101. General Education: Social Sciences.

ECO 204 Economic Development and Growth 3 SH
Examines the problems, policies and theories of economic development of the less developed countries of Africa, Asia and Latin America. Spring semester of even-numbered years. Prerequisite: ECO 100. General Education: Social Sciences.

ECO 205 Intermediate Microeconomics 3 SH
Examines the manner in which producers, consumers and resource owners, acting through markets, determine the prices and output of goods, the allocation of resources and the distribution of income. Spring semester of even-numbered years. Prerequisite: ECO 101. General Education: Social Sciences.

ECO 206 Intermediate Macroeconomics 3 SH
Examines aggregate economic analysis with particular attention to Keynesian, New Keynesian and new classical theories of the determination of national income, employment and prices. Fall semester of odd-numbered years. Prerequisite: ECO 100. General Education: Social Sciences.

ECO 207 Contemporary Domestic Economic Issues 3 SH
This course is designed for the general education student. It applies basic economic concepts to examine the causes and consequences of a number of domestic socio-economic issues, such as poverty, discrimination, crime, health care and the economics of big business. Possible policy solutions are then explored. Fall semsester. Prerequisite: sophomore standing. General Education: Social Sciences.

ECO 208 Contemporary International Economic Issues 3 SH
This course is designed for the general education student. It focuses on the global economic interdependence among nations, causes and consequences of global socio-economic problems, and policy solutions. Topics include population explosion, world poverty, technology and information flows, environmental pollution (global warming), differences in educational and health care systems, global trading systems, and international drug trafficking. Offered periodically. Prerequisite: sophomore standing. General Education: Social Sciences.

ECO 209 Urban Economics 3 SH
This course examines the economics of cities and urban problems. More specifically, a number of factors that have influenced the development of cities, such as technological innovations in production and transportation, are explored. In addition, urban problems including poverty, racial segregation, inadequate housing, inferior education and crime are studied and possible policy solutions considered. Spring semester of even-numbered years. Prerequisite: sophomore standing. General Education: Social Sciences.

ECO 298 Faculty Developed Study 1–6 SH

ECO 299 Student Developed Study 1–6 SH

ECO/FIN 360 Money, Banking and Capital Markets 3 SH
See FIN/ECO 360.

ECO/FIN 488 Multinational Financial Issues 3 SH                                                                 See FIN/ECO 488.

The following courses also have been approved and are offered periodically:
ECO/WS 212 Economics of Gender
ECO 300 Theory of International Economics
ECO/HIS 312 History of Economic Thought
ECO/HIS 313 The Economic History of American Business
ECO 350 Seminar in Economic Research


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