A single-semester, non-mathematical introduction to economics satisfies three hours of the 9-hour social science requirement in the General Education Core of the College. Topics include fundamental concepts of economics; principles of free enterprise and capitalism; prices in a market economy; the market model of supply and demand; the distribution of income in the United States; the circular flow of income and expenditures; macroeconomic policy goals; fiscal and monetary policy; and the role of government in the economy.

 

Prerequisite: ECO 1050 and grade of “C” or better in MTH 1110
An introduction to microeconomic theory. Topics include fundamental   concepts of economics; prices in a market economy; the market model of supply and demand; comparative advantage and exchange; competition, prices, and supply decisions; the distribution of income through profits, interest, rents, and wages; and government's role in the economy.

Prerequisite: ECO 2050 and a grade of C or better in MTH 1110
An introduction to macroeconomic theory. Topics include the circular flow of income and expenditures; aggregate supply and demand; economic stability, growth, and recession; supply and demand for money; fiscal and monetary policy; and demand- and supply-side views of the economy.

This course is for students interested in economic education at the K-12 level. All course topics will help prepare students for future classroom dealings with economics and other issues. Includes lessons on basic economics and finance as well as many planned activities. Some of the topics include economic terms such as opportunity coat and inflation,  entrepreneurship, stock market and the U.S. economy.

Prerequisite: ECO 2050 and a grade of C or better in MTH 1110 and MTH 1210

A study of microeconomic theory. Topics include utility and consumer demand theory; cost and production theory; markets, competition, and price searching; and the supply and demand for labor and capital.

Prerequisite: ECO 206 and a grade of C or better in MTH 1110 and MTH 1210A

study of macroeconomic theory. Topics include national income accounting; the IS-LM model; models of aggregate supply and demand; inflation; macroeconomic policy debates; models of consumption, investment, money, and labor with implications for macro models.

Prerequisite: ECO 2050 and ECO 2060
A study of money, central banking, and financial markets. Topics include the Federal Reserve, commercial banking and deposit creation; financial intermediaries and regulation; the Fed and monetary control; financial markets and interest rates; and topics in international finance.

Prerequisite: ECO 1050 or ECO 2050
A study of the role of government in the U.S. economy. Topics include externalities and market failure; public goods and collective choice; federal expenditures and tax policy; entitlement programs; and regulatory activities.

Prerequisite: ECO 2050
An introduction to the economic theories of international trade. Topics include comparative advantage and gains from trade, patterns of international trade in goods and services, and economic analysis of policies that affect the nature and volume of international trade, such as tariffs, quotas, and preferential subsidies.

Prerequisite: BUS 3250, MTH 1210, ECO 2050, ECO 2060
An introduction to creating and using quantitative economic models. Topics include creating mathematical representations of economic behavior and principles of model building. Students will discuss principles of econometrics, practice the use of econometric techniques, and build and describe an econometric model of their own design.

Prerequisite: ECO 2050 and ECO 2060
A study of economic theories of economic development and growth. Topics include economics of developing countries and theories of regional growth within developed countries in the context of the U.S. and world experience.

An introduction to the theory of finance. Topics include time value of money; valuation of stocks and bonds; modern portfolio theory; CAPM; and the efficient markets hypothesis.

 

Students can obtain information from the Department Chair.

Cannot count as part of the restricted upper-division electives.

Prerequisite: ECO 2050 and ECO 2060
A survey of the evolution of economic thought and theory. The course traces the development of economic thinking from ancient times to the present, highlighting people who made important contributions, their lives, and the social context that shaped their economic ideas.

Prerequisite: ECO 3110
A study of the economic consequences of alternative expenditure and financing schemes for government. Topics include principles of federal, state, and local government finance; taxation and efficiency; taxation and income distribution; alternatives to taxation; and alternative tax bases.

Prerequisite: ECO 2060 and ECO 3120
A study of the international monetary system and its relationship to U.S. trade and monetary policy. Topics include the foreign exchange market and exchange rate determination; the balance of payments; alternative exchange rate systems; and domestic monetary and fiscal policy in an open economy.

Students can obtain information from the Department Chair.