ECON-001
3 credits
|
Principles of Economics I
Introduction to macroeconomic analysis and its application to
the American economic system. Includes such major topics as
the economic role of government, the banking system, the determination
and measurement of national income, economic growth, and elements
of monetary and fiscal policies. |
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|
ECON-002
3 credits |
Principles
of Economics II
Continuation of Principles I. Considers the problem of scarcity
and allocation of resources in a free enterprise economy, with
special emphasis on the pricing behavior of business firms,
on agriculture and business, the consumer, and labor unions. |
| |
|
ECON-132
3 credits
|
Political Economy
Examination of the links between economic and political processes,
along with an extension of economic theory beyond its traditional
boundaries in order to consider the various political processes
through which economic processes are either altered or transformed. |
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|
ECON-170
3 credits
|
Intermediate Microeconomic Theory
Microeconomics course that views the price system in a market-oriented
economy, with special emphasis given to theories relating to
the consumer and firm behavior, demand, market organization,
production, cost, distribution, and economic welfare.
Prerequisites:
ECON-002 |
| |
|
ECON-172
3 credits
|
Industrial
Relations
General course in labor problems which examines the basic character
of the problems involved in the determination and administration
of wages. |
| |
|
ECON-173
3 credits
|
Collective
Bargaining, Public Policy
Deals with the development, analysis, and significance of collective
bargaining; labor and employer organization and public policy
toward unionism and collective bargaining.
Prerequisites:
ECON-001 and ECON-002 |
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|
ECON-174
3 credits
|
Labor Law and Social Legislation
Considers the matter of government intervention in industrial
relations and analyzes cases relating to the following areas:
criminal conspiracy and other early doctrines, subversive activities,
application of the Sherman Act, the legality of economic tactics
employed by labor and management, bargaining rights, wage-hour
legislation, fair employment practices, and civil rights.
Prerequisites:
ECON-001 and ECON-002 |
| |
|
ECON-175
3 credits
|
History of Economic Thought
Survey of the history of economic thinking from the ancient
Graeco-Roman economics to the classical school, including criticism
and the consequences of their influence upon the evolution of
neoclassical doctrines and the development of present day economic
thought.
Prerequisites:
ECON-001 |
| |
|
ECON-177
3 credits
|
Growth of the American Economy
Concerns the process of economic growth from the colonial period
to the present day, stressing the interrelationships of changes
in various sectors.
Prerequisites:
ECON-001 and ECON-002 |
| |
|
ECON-180
3 credits
|
Statistics for Business and Economics
Examines the basic statistical methods and their use for economics
and business, including averages, measures of dispersion, testing
hypotheses, elementary probability theory, index numbers, time
series analysis, and simple correlation, with emphasis placed
on descriptive statistics. |
| |
|
ECON-182
3 credits
|
Mathematics for Economics
Includes calculus, matrix algebra, and maximization
problems, with applications for economics problem solving.
Prerequisites:
MATH-026 |
| |
|
ECON-183
3 credits
|
Mathematical Economics
Mathematical exposition of the basic theories of economic behavior.
Prerequisites:
ECON-182 or 015-026 |
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|
ECON-184
3 credits
|
Introduction
to Econometrics
Introduction to econometric theory and techniques. First part
of the course deals with theory of the two-variable regression
model and technical practices of its application. Extension
to a three- variable model illustrated and analyzed. Special
topics such as use of lagged and dummy variables, and problems
such as multicollinearity, autocorrelation, and heteroskedasticity
are considered.
Prerequisites:
ECON-180 and ECON-183 |
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|
ECON-185
3 credits
|
Labor
Economics
Analysis of institutions concerned with utilization of human
resources; the growth, organization, and objectives of management
and trade unions; and major labor issues and problems, including
those connected with collective bargaining.
Prerequisites:
ECON-001 and ECON-002 |
| |
|
ECON-186
3 credits
|
Economic Development in Africa
Survey of economic issues in Africa, including an analysis of
the transition to a market economy; the development of trade,
industry, and agriculture; and the theory and policy of economic
development and planning.
Prerequisites:
ECON-194 |
| |
|
ECON-187
3 credits
|
Comparative Economic Systems
Presents the theories, programs, and practices of the principal
economic systems, with special reference to countries that are
heavily dependent on market mechanisms and to countries that
rely strongly upon central command.
Prerequisites:
ECON-001 and ECON-002 |
| |
|
ECON-188
3 credits
|
The Economics of Black Community Development
Economic analysis of the problem of rapid technological change
under the condition of oligopolistic pricing and the effects
upon the well-being of the labor force, with particular reference
to the black community. Special attention is given to the problem
of economic and financial reorganization of the ghetto economy,
together with the problem of shifting to labor-using capital
expansion to expand employment and raise real income in the
black-owned sector.
Prerequisites:
ECON-001 and ECON-002 |
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|
ECON-189
3 credits
|
Industrial Organization
Examines the organization of American industry under various
states of the market, including antitrust cases.
Prerequisites:
ECON-170 and ECON-171 |
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|
ECON-190
3 credits
|
Public
Finance
Designed to acquaint students with the role of the government
(federal, state, and local) in the economy. Fundamentally aims
to equip students with the prevailing theories and practices
of fiscal institutions in our economy, with emphasis on their
allocation, distribution, and stabilization functions
Prerequisites:
ECON-001 |
| |
|
ECON-191
3 credits
|
International Economics
Discusses such topics as national specialization and international
exchange, the significance of international trade to various
countries, financial problems, economic development, and common
markets.
Prerequisites:
ECON-001 and ECON-002 |
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|
ECON-192
3 credits
|
International Commercial Policy
Examines the problems of free trade and protectionism and their
changes through history.
Prerequisites:
ECON-191 |
| |
|
ECON-193
3 credits
|
The Economics of Decision Making
Concerns decision making in a complex industrial model, the
negotiated market model, and the centralized model. The following
questions are considered in the different models: Who makes
the decisions? For whom and toward what goals are these decisions
made? What is the structure of the decision-making hierarchy?
How are decisions made? What variables are manipulated in the
execution of decisions?
Prerequisites:
ECON 170 and ECON 171 |
| |
|
ECON-194
3 credits
|
Theory of Economic Development
Treats the theories, models, and patterns of economic development
of advanced and less developed economies and analyzes the economic
and noneconomic variables that influence economic development,
including some historical theories and approaches to economic
development.
Prerequisites:
ECON-001 and ECON-002 |
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|
ECON-195
3 credits
|
Money and Banking
Introduction to the study of money, credit, interest rates,
and banking, both within and outside of the Federal Reserve
System, with major emphasis on the structure and operations
of commercial banks and activities of the Federal Reserve System.
Prerequisites:
ECON-001 |
| |
|
ECON-196
3 credits
|
Monetary Analysis
Designed to acquaint the student with the principal monetary
theory and its applications to the economy, is concerned with
the theory of money supply and demand and their effects on macroeconomic
models. Such important matters as the theory of monetary policy
and inflation theory and their effects on economic growth are
also emphasized.
Prerequisites:
ECON-195 and ECON-171 |
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|
ECON-197
3 credits
|
Economic Problems of Western Europe
Analysis of the development of the economies of Western Europe
with special reference to the period following World War II.
Prerequisites:
ECON-001 |
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|
ECON-198
3 credits
|
The Soviet Economy
Deals with the development of the Soviet state and its trade,
agriculture, finance, standard of living, and ideological background
Prerequisites:
ECON-001 and ECON-002 |
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|
ECON-199
3 credits
|
Introduction to Urban Economics
Analysis of the special economic problems of urban regions,
e.g., growth and development, a hierarchy within a system of
urban regions, housing, transportation, urban poverty, and local
public finance. Emphasis is on the economics of the spatial
order within and among urban regions.
Prerequisites:
ECON-001 and ECON-002 |
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| HONORS
COURSES |
| |
|
ECON-084/085
1 credit each |
Directed Readings for Sophomores
Prerequisites:
Cumulative GPA of 3.2 |
| |
|
ECOn-088/089
1 credit each |
Directed Readings for Juniors
Prerequisites:
Cumulative GPA of 3.2 |
| |
|
ECON-092/093
3 credits each |
Senior Departmental Honors
Prerequisites:
Cumulative GPA of 3.2 |
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|
