110 Cr. 3
Microeconomics and Public Policy
Introduction to microeconomic principles and their application to
decision-making by individuals, businesses, and government. General topics
include: supply and demand, market structures, product and factor markets, labor
unions, government regulation, income distribution, and economic analysis of
current social issues.
120 Cr. 3
Introduction to the functioning of the world economy. Applications
of economic principles to domestic and international problems with an
introduction to economic systems, economic thought, and economic history around
the world. General topics include: the economics of international trade and
exchange rates, global macro economics, international monetary systems, and
703 Cr. 1
Foundations of Microeconomics
Introduction to microeconomics analysis with an emphasis on
effective decision-making. Topics include: supply and demand, profit
maximization, pricing strategies, market structures, antitrust regulation, and
strategic positioning for competitive advantage. This course is an Internet
704 Cr. 1
Foundations of Macroeconomics
Introduction to macroeconomic analysis with an emphasis on
effective decision-making. Topics include: monetary policy, fiscal policy, and
the economics of international trade and exchange rates. Prerequisite: ECO 703
or a previous economics course. This course is an Internet course.
ECO 110 and 120, 703 and 704 are
Monetary Theory and Policy
This course is concerned with the theory and practice of monetary
policy in the modern market economy, with particular reference to the U.S.
economy and institutional framework. Topics covered include: the ability of the
central bank to regulate the supply of money and credit conditions; factors
affecting the demand for money; and the relationship between changes in the
money supply and interest rates and the impact of changes in each of these on
other economic variables. Prerequisite: ECO 301. Offered occasionally.
Public Sector Economics
Theory and policy of revenues and expenditures in the public
sector. Public sector issues are analyzed using public choice theory and
cost-benefit analysis. Expenditure programs and taxation are considered at the
national, state, and local government levels. Prerequisite: ECO 110.
Development of statistical techniques used in empirical economics
analysis. Emphasis will be placed on the theory and application of the linear
regression model. Prerequisite: ECO 307 or MTH 305 and one economics course at
300 level or above. Offered occasionally.
International Financial Economics
The economics of the international monetary system and financial
transactions, with emphasis on macroeconomic policy. Balance of payments
problems, exchange rate determination and its effect on economic growth and
stability, and policies to achieve international market equilibrium are analyzed
from a theoretical and empirical point of view. Prerequisite: ECO 305 or 340.
Introduction to spatial economics and application of economic
principles to urban and regional problems. Topics include: urbanization;
migration; location and systems of cities; land use patterns; urban/regional
growth; and selected urban problems, such as housing, transportation, poverty,
crime, pollution, urban sprawl, and new cities. Prerequisite: ECO 110 and 120.
Study of the use of resources in health care: organization of
health care delivery, relationships between health care and health status, and
the economic evaluation of health care services. The U.S. system is compared
with those of other nations, focusing on the roles of the consumers and
providers in health care markets, and on the roles of government in shaping
demand, supply and utilization. Prerequisite: ECO 110.
Emphasis will be on examination and study of current economic
issues. Topics will vary from semester to semester. Prerequisite: ECO 110, 120.
Repeatable for credit ? maximum
712 Cr. 3
An introduction to the dynamic analysis of the aggregate economy.
Topics include economic models and dynamic analysis, production and economic
growth, consumption and saving, government activity and its financing, money and
the price level, unemployment, and aggregate forecasting.
797 Cr. 1-3
Individual reading or research under the guidance of a staff
member. Registration with the consent of the student?s regular adviser, the
instructor and the department chairperson. Students must have completed a
minimum of 21 credits in the MBA program with a minimum GPA of 3.50. Approval
form available in the office of the dean of the College of Business
Administration. Form must be completed prior to registration. Repeatable for
credit ? maximum 3.*
* Maximum of three
credits in independent study in any
combination of ACC 797, ECO 797, FIN 797, MGT
797 and MKT 797.
Back to Course Descriptions Index Page
Office of Records and Registration
Homepage | How
to Contact Us | How
Modified:June 13, 2012