Economics (ECON)

Information about experimental courses, when offered, will be available at the Office of the Registrar late in the Spring Quarter preceding the academic year in which the courses are scheduled. Such courses are numbered 191, 291, 391 or 491.

ECON 210 PRINCIPLES OF MICROECONOMICS - 5 hrs
An introduction to the economic decision-making processes of households and business with emphasis on price determination, market structures, and the productivity of economic factors. Prereq: MATH 115.

ECON 220 PRINCIPLES OF MACROECONOMICS - 5 hrs
An introduction to the economic decisions at the societal-national level. Emphasis on income determination, employment, fiscal and monetary policies. Prereq: MATH 115.

ECON 310 INTERMEDIATE MICROECONOMIC ANALYSIS - 5 hrs
A detailed analysis of consumers and individual firms in different market situations with major emphasis on price information, product function, resource allocation and distribution theory. Prereq: ECON 210 and 220.

ECON 320 INTERMEDIATE MACROECONOMIC ANALYSIS - 5 hrs
An exploration of Keynesian, Post-Keynesian and Monetarist interpretation of national economic problems. Prereq: ECON 210 and 220 and junior or senior standing.

ECON 350 COMPARATIVE ECONOMIC SYSTEMS - 5 hrs (alt. yrs.)
Examination of political-economic-social systems such as Capitalism, Socialism, Communism. Emphasis on the nature of institutions and processes that develop under each system to support human welfare. Prereq: ECON 210 and 220.

ECON 360 LABOR ECONOMICS AND INDUSTRIAL RELATIONS - 5 hrs
Examination of economic decisions concerning the allocation of labor resources in the firm and the functioning of labor markets. Issues of collective bargaining and government programs to stimulate employment are discussed. Prereq: ECON 21 0 and 220 or permission of instructor.

ECON 380 MONEY AND BANKING - 5 hrs
A study of the organization, operation and economic significance of U.S. monetary and banking systems with special reference to current conditions and problems. Prereq: ECON 210 and 220.

ECON 390 INDEPENDENT STUDY - 1-5 hrs
An opportunity for students to engage in intensive independent study on an economic topic of their choice under the direction of an economics faculty member. Prereq: ECON 210 and 220 and junior or senior standing or permission of instructor.

ECON 425 ENVIRONMENTAL ECONOMICS - 5 hrs (alt. yrs.)
The course examines various economic issues facing business and government regarding the use of natural resources and the management of environmental quality. The US economy is the focus of the course. Environmental issues are addressed from a local, national, and, when appropriate, global perspective. Prereq: ECON 210 and ECON 220 and junior or senior standing.

ECON 440 ECONOMIC DEVELOPMENT AND GROWTH - 5 hrs (alt.yrs.)
A study of the forces and institutions affecting the Third World countries, including an examination of the leading economic development theories. Prereq: ECON 210 and 220 and junior or senior standing.

ECON 450 INTRODUCTION TO ECONOMETRICS - 5 hrs (alt. yrs.)
The course is an introduction to the methods of data analysis used in economics. Focus is on multivariate regression analysis and solutions to the problems of heteroskedasticity, serial correlation, and simultaneous equations bias. Time series models and forecasting will also be discussed. An econometrics computer package is used for data analysis. Prereq: ECON 210, ECON 220, and MATH 230 and junior or senior standing.

ECON 490 INTERNSHIP - 1-15 hrs
Experience with an organization that offers an exposure to economic concepts and practices. Students may design their own internship experience within departmental guidelines. Open to juniors and seniors with better than average academic performance. Credit cannot count toward satisfying the minimum number of courses required for the major or minor.

ECON 499 SEMINAR IN ECONOMICS TOPICS - 1-5 hrs
Special topics that offer in-depth study of some aspects of economics.