Economics

Economics - Undergraduate Courses 

EC 133 Principles of Economics I (back to previous page)
Foundations of economic analysis, including economic progress, resources, technology, private enterprise, profits, and the price system. Macroeconomics including national income, employment, and economic growth. Price levels, money and banking, the Federal Reserve System, theory of income, employment and prices, business cycles and problems of monetary, fiscal, and stabilization policy. 3 credit hours.

EC 134 Principles of Economics II (back to previous page)
Microeconomics including markets and market structure and the allocation of resources. The distribution of income, the public economy, the international economy, and selected economic problems.3 credit hours.

EC 200 Global Economy (back to previous page)
Prerequisites: EC 133, EC 134. This survey provides an understanding of the linkages between the American economy and the rest of the world in a period of increased globalization. Particular emphasis will be placed on understanding the various policies international trade and finance and their relationship to business. 3 credit hours.

EC 310 Game Theory (back to previous page)
Prerequisites: EC 133, EC 134. The course is designed to give students an understanding of the relevance of game theory to strategy. The course will emphasize applications of gaming to strategic decision making in business. 3 credit hours.

EC 313 Behavioral Economics (back to previous page)
Prerequisites: EC 133, EC 134. The course focuses on judgement, the cognitive aspects of decision-making, and its relevance in economics. The emphasis will be on the merging of psychology and economics in understanding how managers make decisions and how decision-making might be improved. 3 credit hours.

EC 314 Public Finance and Budgeting (back to previous page)
Prerequisites: EC 133, EC 134, and junior standing. A general survey of government finance at the federal, state, and local levels, including government expenditures, principles of taxation, public borrowing, debt management, and fiscal policy for economic stabilization. 3 credit hours.

EC 340 Microeconomic Analysis (back to previous page)
Prerequisites: EC 133, EC 134, and junior standing. Study of commodity and factor pricing, theory of production, cost theory, market structures under perfect and imperfect market conditions. 3 credit hours.

EC 341 Macroeconomic Analysis (back to previous page)
Prerequisites: EC 133, EC 134, and junior standing. An investigation of the makeup of the national income and an analysis of the factors that enter into its determination. The roles of consumption, investment, government finance, and money influencing national income and output, employment, the price level and rate of growth, and policies for economic stability and growth. 3 credit hours.

EC 342 International Economics (back to previous page)
Prerequisites: EC 133, EC 134, and junior standing. The role, importance, and currents of international commerce; the balance of international payments; foreign exchange and international finance; international trade theory; problems of payments adjustment; trade restrictions; economic development and foreign aid. 3 credit hours.

EC 425 Decision Making Economics and Uncertainty (back to previous page)
Prerequisites: EC 133, EC 134, and QA 216. An examination of how risk and uncertainty shape decisionmaking. The course will expose students to modern analytic tools, such as Monte Carlo simulation, that can be used to incorporate risk in business strategy and public policy. 3 credit hours.

EC 440 Economic Development (back to previous page)
Prerequisites: EC 133, EC 134, and junior standing. Economic problems of developing countries and the policies necessary to induce growth. Individual projects required. 3 credit hours.

EC 450-459 Special Topics (back to previous page)
Prerequisites: EC 133, and EC 134. Coverage of new and emerging topics and appreciation in economics. 3 credit hours.

EC 598 Internship (back to previous page)
Prerequisites: EC 133, EC 134, and junior standing. On-the-job learning in selected organizations in areas related to the student s major. 3 credit hours.

EC 599 Independent Study (back to previous page)
Prerequisites: EC 133, EC 134, and junior standing. Independent research projects or other approved forms of independent study. 3 credit hours.

Economics - Graduate Courses

EC 601 Macroeconomics and Microeconomics (back to previous page)
A basic theoretical foundation for students who lack adequate background in economics. An introduction to and review of basic economic principles.

EC 603 Microeconomic Analysis (back to previous page)
Prerequisites: QA 604. Survey of the behavior and decision choices of individual economic agents (e.g., consumers, firms and resource owners) under alternative market conditions, time horizons and uncertainty.

EC 604 Macroeconomic Analysis (back to previous page)
Prerequisites: EC 601, QA 604. Study of the performance and fluctuations of the economy, focusing on economic policies that affect performance. Topics include consumption and investment, the determinants of changes in wages and prices, monetary and fiscal policies, money, interest rates, the federal budget, the national debt, and interdependence and policy between countries.

EC 625 Industrial Relations (back to previous page)
Survey of problems, strategies and policies of management interactions with formal and informal labor organizations. Labor legislation, collective bargaining, productivity analysis, and arbitration are stressed, with emphasis on negotiating strategies and techniques.

EC 627 Economics of Labor Relations (back to previous page)
Survey of labor economics using the tools of economic and institutional analysis. Emphasis on human resources and demographics pertaining to labor markets.

EC 629 Business and Society (back to previous page)
Prerequisite: EC 601. Topics include forces shaping business institutions through emerging social, legal, ethical, and political issues such as pollution control, workplace issues, equal employment opportunity, product safety, and relations with external stakeholders. Also addressed, using lectures and cases, will be laws and regulations that govern and restrict business activities.

EC 633 Managerial Economics (back to previous page)
Prerequisites: EC 601, FI 601. Application of the major tools of economic analysis to problems encountered by management, presented using lectures and case studies. Topics include measurement of market demand, cost analysis, expenditure and production decisions, price determination in competitive markets which include the entrepreneurial enterprise, as well as the allocation of capital and investment.

EC 641 International Economics (back to previous page)
Prerequisite: EC 601. Examination of international trade, foreign exchange, and capital markets. Topics include national policy in an open economy, international policy coordination, and globalization.

EC 644 Managing in Global Markets (back to previous page)
Prerequisites: EC 601, FI 601, MG 637, and MK 609. This course provides the student with an understanding of the effects of globalization on the economic environment and corporate operations. It examines the multinational's operations and the many adaptations management must  undertake to interact successfully with the various global business environments. Topics will be examined from both domestic and international perspectives and will include the operational and strategic adjustments necessary for the multinational to navigate among the diverse and rapidly evolving cultural, political, economic, financial, operational, and ethical environments of global markets.

EC 665 Urban and Regional Economic Development (back to previous page)
Prerequisite: EC 601. Techniques, methods of analysis, and models utilized in the development process. Emphasis on job creation, manufacturing assistance, free enterprise zones, and regional planning.

EC 670 Selected Topics (back to previous page)
A study of selected issues of particular interest to students and instructor. May be taken more than once.

EC 679 Industrial Relations Seminar (back to previous page)
Prerequisites: EC 625, EC 687, MG 637 and P 619, or permission of instructor. A seminar in industrial relations and the labor-management relations function of the modern work organization. The use of an integrated behavioral, economic and legal approach permits an applied multidisciplinary synthesis of the employee relations function required in either nonunionized or unionized work organizations.

EC 687 Collective Bargaining (back to previous page)
Recommended prerequisite: EC 625. Emphasis on contract negotiation, whether in a formal or informal bargaining scenario. Contract development covers wages, benefits, job security, management's rights, equal opportunity, and grievance procedures. Additional time devoted to third-party settlements - the arbitration process.

EC 690 Research Project (back to previous page)
Prerequisite: Permission of the instructor. A major independent research study/project carried out under faculty supervision.

EC 693 Internship (back to previous page)
Prerequisite: 15 graduate hours and permission of program coordinator. A supervised work experience in a selected organization, arranged for course credit and directed by a faculty adviser.

EC 695 Independent Study I (back to previous page)
A planned program of individual study under the supervision of a member of the faculty.

EC 696 Independent Study II (back to previous page)
A continuation of Independent Study I.

EC 698 Thesis I (back to previous page)
Prerequisite: 15 graduate hours. Periodic meetings and discussions of the individual student's progress in the preparation of a thesis.

EC 699 Thesis II (back to previous page)
A continuation of Thesis I.