QEP InformationEconomics-Courses Offered
Courses Offered
| ECON 221 | Principles of Macroeconomics | F | 3 SH |
| Economic theory and public policy; national income; money and banking; economic growth; business fluctuations. | |||
| ECON 222 | Principles of Microeconomics | F; S | 3 SH |
| Analysis of supply and demand and their role in prices; types of competition; elements of business costs and incomes and the factors which determine them. | |||
| ECON 323 | Managerial Microeconomics | F | 3 SH |
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Application of the theoretical and analytical tools of economics and statistics to business decision-making; demand analysis and forecasting; costs of production; pricing; analysis of market structures. Prerequisites: ECON 222, BUAD 230. |
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| ECON 324 | Intermediate Macroeconomics | S | 3 SH |
| National income determination; role of money in determining income, employment, and output. Prerequisite: ECON 221. | |||
| ECON 325 | Public Finance | S | 3 SH |
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Taxation, public finance, and fiscal policy at all levels of government; relationships between public finance and economic well-being. Prerequisite: ECON 221. |
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| ECON 326 | Comparative Economic Systems | F even | 3 SH |
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Description, analysis, and evaluation of capitalism, socialism, and communism in terms of their philosophies, goals, and economic functioning on both the macroeconomic and microeconomic levels. Prerequisite: ECON 221. |
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| ECON 327 | The U.S. in the Global Economy | S even | 3 SH |
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A discussion of why some countries and cultures in the world have had a great economic prosperity while others have not. |
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| ECON 421 | Money and Banking | F | 3 SH |
| Analysis of the financial system, financial instruments, interest rates, and the relationship between money, credit, and economic activity. Prerequisites: ECON 221, ECON 222. | |||
| ECON 500 | Economics Internship | UD | 6 SH |
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A structured field experience in a profit or nonprofit organization of at least ten weeks duration. Students will be required to work the regularly scheduled hours of the office providing the internship. Upon completion of the internship an oral presentation will be required with students and faculty invited. |
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| ECON 521 | Labor Relations and Economics | S odd | 3 SH |
| The legal, social, and psychological environment of labor-management relations, including collective bargaining and the grievance procedure; wage-rate determination; employment theory; productivity; and social insurance. Prerequisites: ECON 221, ECON 222. | |||
| ECON 525 | History of Economic Thought | S even | 3 SH |
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Analysis of the history of economics as science; economics as a cumulative body of knowledge in a context of emerging technology, changing institutions, and new social problems; the evolution of theories of value, distribution, and employment. Prerequisites: ECON 323, ECON 324. |
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| ECON 526 | Quantitative Forecasting and the Business Cycle | UD | 3 SH |
| Quantitative techniques for business and economic forecasting; analysis of the business cycle and the impact of the cycle on individual industries and firms. Prerequisites: ECON 221, ECON 222, BUAD 321. | |||
Majors and Minors
The School of Business offers a number of majors and minors.
| Majors | Minors |
Economics (ECON)
The minor in Economics offers students a problem solving discipline to foster their intellectual and career development. It provides students a balanced and broad educational background and prepares them to choose from a wide range of career alternatives, as well as provides an excellent background for graduate studies in such fields as economics, business, law, and education.
The curriculum in Economics explores the economic decisions of individuals, businesses, governments, and other institutions. It examines the nature of economic activity, why it takes place, and how it affects everyone's lives. The program includes elective courses that enable students to tailor their educational program to meet personal needs and interests. The study of economics also helps students develop a logical and rigorous thought process, provides the decision- making tools that can be applied to personal as well as business decisions, and can be used to address the many economic decisions they will face along life's path.
Economics - Minor Requirements
| ECONOMICS 21 Semester Hours Minimum |
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| ECON 221 | Principles of Macroeconomics | ECON 325 | Public Finance |
| ECON 222 | Principles of Microeconomics | ECON 421 | Money and Banking |
| ECON 324 | Intermediate Macroeconomics | ||
| Additional hours (6 SH) must be selected from Economics courses. | |||
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