Economics
ECON
2033 - Microeconomics - 3 credit
hours
A study of supply, demand, price, seller-market power, profit,
consumer choice, specialization, efficiency, domestic and
international trades, and distribution of income. The role of
middlemen, speculators, and the government in economy. Discussion
of current economic controversies. Prerequisites: Sophomore
standing and MATH 1113.
2043 - Macroeconomics - 3 credit
hours
A study of inflation, unemployment, national income, booms and
busts, government budget deficit, money, monetary and fiscal
policies, specialization, efficiency, and trade, currency exchange,
and balance of payment with other nations. Prerequisites: Sophomore
standing and MATH 1113.
2023 - Survey of Economic Issues - 3
credit hours
A study of national and international economic issues such: market
and command economic systems; agriculture subsidies; healthcare
issues; green Gross Domestic Product and environmental pollution;
Social Security; poverty; state of national economy; unemployment;
inflation; budget deficit and national debt; the financial market;
economics of higher education; feminist economic issues;
regional economic integration; protectionism versus free trade;
world poverty; developing countries' international debt; role of
international institutions such as WTO, IMF and the World Bank.
Note: Students who have taken ECON 2043 or ECON 2033 may not take
this course for credit. Prerequisite: Mathematics course
meeting/exceeding General Education Requirements.
3103 - Money and Banking - 3 credit
hours
Discusses the role of money in the economy; the commercial banking
system; nonblank financial institutions; the financial market;
portfolio choices; interest rates; the federal Reserve system and
its monetary plicies; international finance; monetary theories; and
rational expectations and its implications for public policy.
3203 - Statistics for Business and
Economics - 3 credit hours
A review of descriptive statistics. Sampling and sampling
distribution, estimation and confidence intervals, hypothesis
testing, analysis of variance, regression analysis and correlation,
non-parametric methods, and time series and business forecasting.
Prerequisite: MATH 2203.