Economics Courses

(GP) indicates that the course fulfills the Global Perspective Elective general education core requirement.


ECO 2100 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).

Prerequisite: none
Offered: as needed


ECO 2610 PRINCIPLES OF MACROECONOMICS (3 s.h.)

Aggregate income measurement and analysis, fiscal and monetary policy, inflation, unemployment, and other current issues.

Prerequisite: none
Offered: fall and spring


ECO 2620 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.

Prerequisite: none
Offered: fall and spring


ECO 3010 ENTREPRENEURSHIP (3 s.h.)

This course covers the structuring process from conception to birth of a new venture. It concentrates on the attributes of successful endeavors, opportunity recognition, venture screening, innovation and creativity, identification of resources, and feasibility analysis to learn how to turn opportunities into viable businesses. Also included are business plans, financial start-up decisions, operating problem recognition, and problem solving.

Prerequisite: none
Cross-listed: ENP 3010 and BUS 3010
Offered: as needed.


ECO 3110 MONEY, BANKING AND FINANCIAL MARKETS (3 s.h.)

The functions of money and financial markets, commercial bank operations, the Federal Reserve System, the macro economy, and the impact of monetary policy upon economic stabilization and growth.

Prerequisites: ECO 2610 and 2620, or permission of the instructor, department chair, or school dean
Offered: fall


ECO 3130 INTERMEDIATE MICROECONOMICS (3 s.h.)

Intermediate-level treatment of microeconomic theory and its application to managerial decision-making.

Prerequisites: ECO 2620 or permission of the instructor, department chair, or school dean
Offered: fall


ECO 3140 INTERMEDIATE MACROECONOMICS (3 s.h.)

This course covers the models and techniques used in modern macroeconomic theory. It examines the theoretical models developed to analyze the economic forces that drive the economy in the short and the long run. Emphasis is placed on macroeconomic policies and the role of the government in the economy. Also, it describes the basic features of an open, global economy. Students are encouraged to explore the potential and limitations of macroeconomic theory in addressing real-world problems.

Prerequisites: ECO 2610 or permission of the instructor, department chair, or school dean
Offered: spring


ECO 3160 ECONOMETRICS (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: BUS 2160 or permission of the instructor, department chair, or school dean
Offered: fall


ECO 3360 DOMESTIC BUSINESS EXPERIENCE (3 s.h.)

An American business is a dynamic process that brings together people, consumers, technology, natural resources, and human initiative in a constantly changing and competitive environment. To understand the framework in which a business operates, students will travel for an exploration and learning opportunity from the business. This course will require research and class time at an off-site location as selected by the professor of record. An additional fee may apply to cover the costs of travel and lodging. Travel for student conferences and conventions is prohibited as part of this course.

Prerequisite: Permission of the instructor, department chair, or school dean


ECO 3450 INTERNSHIP (3 s.h.)

Experiential learning acquired through placement with local organizations in either the private or public sectors. The student is assigned duties and responsibilities approved by the Director of Internships and supervised and evaluated by the University instructor and onsite trainer. Weekly class contact, journal, or written reports are required. Classroom instruction includes resume/letter writing, interviewing techniques, and oral presentations.

Prerequisites: ECO 2610, ECO 2620 and BUS 2430, junior or senior status, and a minimum GPA of 2.5 in the major; or permission of the instructor, department chair, or school dean. Applicable to one program only: Accounting, Business, Financial Economics, or Marketing
Offered: spring or as needed


ECO 3810 PUBLIC ECONOMICS (3 s.h.)

Examines the rationale for government interference in the market, the costs and benefits of organizing economic activity through the public sector, how policymakers are chosen and how this affects their incentives, how the incentives of policymakers undermine their ability to act in the “public interest,” and the role and effectiveness of governments and government agents to both formulate and execute sound economic public policy.

Prerequisite: ECO 2620 or permission of the instructor, department chair, or school dean
Offered: as needed


ECO 4000 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: ECO 2610 and ECO 2620, or permission of instructor, department chair, or school dean
Offered: as needed


ECO 4200 COMPARATIVE ECONOMIC SYSTEMS (3 s.h.)

(GP) A survey of economic systems of the past and present. A global approach will be applied in reviewing such variations. The course will examine past, present, and future systemic developments.

Prerequisites: ECO 2620 or permission of the instructor, department chair, or school dean
Offered: as needed


ECO 4510 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 2610, and 2620 or permission of the instructor, department chair, or school dean
Offered: as needed


ECO 4520 INTERNATIONAL TRADE AND FINANCE (3 s.h.)

(GP) 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 2610, or permission of the instructor, department chair, or school dean
Offered: spring (odd years)


ECO 4650 ECONOMIC GROWTH AND DEVELOPMENT (3 s.h.)

(GP) 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 2610 and 2620, or permission of the instructor, department chair, or school dean
Offered: spring (even years)


ECO 4700 RESEARCH METHODOLOGY AND POLICY ANALYSIS (3 s.h.)

This course provides the fundamental foundation to conduct empirical economic research. Students will learn the steps involved in conducting economic research that include the selection of topic, literature review, formulation of research question, choice of research methodologies, collecting and analyzing data, testing of hypothesis, and summary and conclusions. The course is designed to enhance students’ ability to integrate economic theory, quantitative research skills, and research.

Prerequisites: ECO 2610, ECO 2620, and BUS 2160 and have junior/senior standing or permission of the instructor, department chair, or school dean
Offered: spring


ECO 4850 SPECIAL TOPICS (3 s.h.)

Selected applications of economic theory and practice. Content and credit vary.

Prerequisite: permission of instructor
Offered: as needed


ECO 4990 INDEPENDENT STUDY IN FINANCIAL ECONOMICS (TBA)

An opportunity for a well-qualified, upper-division student to engage in special research in his/her major. Credit to be determined.

Prerequisite: approval by the faculty advisor, the supervising professor, the department chair, and the school dean before approval by Provost.