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MU Home » Academics » Reeves School of Business

ECO 210 INTRODUCTION TO ECONOMICS (3 s.h.)
Theories and institutions that organize and direct economic activities in contemporary society. Prepares students to understand domestic and international economic problems; serves as a foundation for further work in economics; and complements study in other areas. (May also be taken as an elective for non-business majors. Satisfies the social science general education core requirement for the Associate of Science degree with a concentration in Health Care Administration). This course is offered as needed.

ECO 216 STATISTICS FOR BUSINESS AND ECONOMICS (3 s.h.)
Inferential statistics using business and economics data. Principal topics: probability, hypothesis testing, regression and correlation, and time series and forecasting. Prerequisite: MAT 105 or higher. This course is offered every fall and spring.

ECO 261 PRINCIPLES OF MACROECONOMICS (3 s.h.)
Aggregate income measurement and analysis, fiscal and monetary policy, inflation, unemployment, and other current issues. This course is offered every fall and spring.

ECO 262 PRINCIPLES OF MICROECONOMICS (3 s.h.)
Price theory applied to product and resource markets with emphasis on pricing and output decisions under various market conditions. This course is offered every fall and spring.

ECO 301 ENTREPRENEURSHIP (3 s.h.)
Emphasis on business formation: feasibility studies, legal and financial aspects of startup, tax considerations, business valuation techniques, and accounting control systems. Prerequisites: ACC 253 and ECO 262. This course is offered as needed.

ECO 311 MONEY, BANKING AND FINANCIAL MARKETS (3 s.h.)
The functions of money and financial markets, commercial bank operations, the Federal Reserve System, the macroeconomy, and the impact of monetary policy upon economic stabilization and growth. Prerequisites: ECO 261 and 262. This course is offered every fall and spring.

ECO 313 MANAGERIAL ECONOMICS (3 s.h.)
Intermediate-level treatment of microeconomic theory and its application to managerial decision-making. Prerequisites: ECO 216, 261, and 262. This course is offered every fall semester.

ECO 316 ADVANCED STATISTICAL ANALYSIS (3 s.h.)
An advanced study of statistical analyses frequently used in business decision-making and economic forecasting. Emphasis on both multiple regression and analysis of variance. Particular attention given to time series analysis. Survey sampling and Chi-Square tests also are included. Prerequisite: ECO 216. This course is offered in the fall semester, even-numbered years.

ECO 400 CURRENT ECONOMIC ISSUES (3 s.h.)
Selected contemporary policy issues, e.g., the economic role of government, poverty, debt financing, free trade vs. protectionism, entrepreneurship, and problems of fiscal and monetary management. Prerequisites: ACC 251 and ECO 261 and 262. Recommended: ACC 253. This course is offered as needed.

ECO 420 COMPARATIVE ECONOMIC SYSTEMS (3 s.h.)
Capitalism, socialism, communism, and fascism as economic systems and as philosophies; resource allocation, distribution of income and the rise of centralized economic planning in developing countries. Prerequisites: ECO 261 and 262. This course is offered as needed.

ECO 451 LABOR ECONOMICS AND HUMAN RESOURCE MANAGEMENT (3 s.h.)
Principles of economics applied to the human resource and its market with emphasis on hiring, training, labor legislation, and compensation policies relevant to the management of people at work. Prerequisites: ECO 261 and 262. This course is offered in the spring semester, odd-numbered years.

ECO 452 INTERNATIONAL TRADE AND FINANCE (3 s.h.)
International trade theory and practice, the financial dimensions of multinational exchange, institutional features and channels of marketing, and international corporate relationships. Designated writing-enrichment course for Financial Economics majors. Prerequisites: ECO 261 and 262. This course is offered fall semester, odd-numbered years and as needed.

ECO 465 ECONOMIC GROWTH AND DEVELOPMENT (3 s.h.)
Theories of economic development with reference to the economic history of the industrially advanced nations. Applications of theory to problems and policies of emerging and underdeveloped economies. Prerequisites: ECO 261 and 262. This course is offered in the spring semester, even-numbered years.

ECO 485 SPECIAL TOPICS (3 s.h.)
Selected applications of economic theory and practice. Content and credit vary. Prerequisites: completion of 24 s.h. of major requirements and permission of the department chair. This course is offered as needed.

ECO 499 INDEPENDENT STUDY IN FINANCIAL ECONOMICS (TBA)
An opportunity for a well-qualified, upper-division student to engage in special research in his/her major. Requires approval by the faculty advisor, the supervising professor, the department chair, and the school dean before approval by the Vice President for Academic Affairs. Credit to be determined.