Economics
ECON
2023 - Survey of Economic Issues - 3 credit
hours
A study of national and international economic issues such as
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; and the 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, unless waiver requirements are met.
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. Current
economic controversies are discussed.
Prerequisites: Sophomore standing
and MATH 1013, unless mathematics waiver requirements are
met.
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, trade, currency exchange, and
balance of payment with other nations.
Prerequisites: Sophomore standing
and MATH 1013, unless mathematics waiver requirements are
met.
3103 - Money & Banking - 3 credit
hours
Discusses the role of money in the economy; the commercial banking
system; nonbank financial institutions; the financial market;
portfolio choices; interest rates; the Federal Reserve system and
its monetary policies; international finance; monetary theories;
and rational expectations and its implications for public
policy.
3203 - Statistics for Business & 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.