ECN 100 Contemporary Economic Issues (A,S)
Covers economic reasoning through the application of essential economic principles, basic principles underlying competing economic systems, and differences between macro- and micro-economic theory as applied to current issues confronting the American economic system. ECN 100 does not meet the requirements for any major in the department. 3 Cr.
ECN 201 Principles of Microeconomics (A)Prerequisite: MTH 111 or equivalent.
Covers issues of scarcity and choice; determination of prices, demand and supply, production, cost, behavior of the firm, and the role of government. 3 Cr.
ECN 202 Principles of Macroeconomics (A)Prerequisite: MTH 111.
Covers topics of the aggregate economy, including the determination of output, inflation, unemployment, interest rates, government debt, and international trade. Also covers monetary and fiscal policies used to control macroeconomic problems. 3 Cr. Every Semester.
ECN 204 Introduction to Business Statistics (A,M)Prerequisite: MTH 111 or higher.
This course covers basic concepts of statistical analysis, including descriptive statistics, probability and expected value, sampling, and estimation. It aims at applying statistical methods in business contexts to address business related questions and make evidence-based decisions using inferential statistics that are based on well-reasoned statistical arguments. Course requires a minimum grade of C- (for General Education/Major/Minor/Certification). 3 Cr. Every Semester.
ECN 301 Intermediate Microeconomics (A)Prerequisites: ECN 201, ECN 202 and MTH 111.
Continues the study of the basic tools and techniques of microeconomic analysis, the theory of consumer behavior and demand, theory of the firm, and market equilibria. 3 Cr.
ECN 302 Intermediate Macroeconomics (A)Prerequisites: ECN 201, ECN 202 and MTH 111.
Continues the study of the basic tools of macroeconomic analysis, including the determination of national income, employment and price levels, an analysis of macroeconomic stabilization policies, and economic growth. 3 Cr.
ECN 304 Intermediate Statistics (A)Prerequisites: ECN 204 and MTH 111.
Includes inferential statistics, index numbers, regression and correlation analysis, time series analysis, and chi-square tests. Emphasizes both the proper use and possible abuse of statistical methods in the context of business and economic applications. 3 Cr.
ECN 305 Managerial Economics (A)Prerequisites: ECN 201, ECN 202 and MTH 111.
Provides an introduction to the economic analysis of business decisions. Includes decision theory, demand theory, and the economic theory of production and costs. 3 Cr. Spring.
ECN 320 Game Theory (A)Prerequisites: ECN 201, ECN 202, ECN 204.
Game theory is a set of economic tools to analyze strategy. This course will teach how to analyze any sort of interaction as a game – including in politics, finance, business, and even in the animal kingdom – and model its outcome by focusing on the knowledge, the incentives, and the goals of the players involved. 3 Cr.
ECN 321 Money and Banking (A)Prerequisites: ECN 201 and ECN 202.
Covers the role of money in the modern economy, emphasizing the role of depository institutions, and the evolution of the central banking structure together with domestic and international monetary policy. 3 Cr.
ECN 333 Health Economics (A)Prerequisite: ECN 201.
Analyzes both narrow questions, such as the distribution, efficiency and equity of health delivery systems, and broader issues of the relation between public health and economic activity. 3 Cr. Spring.
ECN 361 Labor Market Analysis (A)Prerequisites: ECN 100 or ECN 201.
Focuses on the issues and the analysis of labor markets. Includes wage determination and income distribution, skill structure of the work force, unionism and unemployment. 3 Cr. Fall.
ECN 425 Financial Institutions (A)Prerequisite: ECN 302 or 321.
Covers financial institutions, their operations, and the interrelationships among those that operate in the domestic and international money and capital markets, with emphasis on current problems and issues. 3 Cr. Spring.
ECN 443 International Economics (A)Prerequisites: ECN 201 and ECN 202.
Uses basic economic tools to study pure trade theory and interrelations between the domestic and the international economy. Examines the basis of trade; gains from trade; theory and practice of protection; nature, disturbance, and readjustment of the balance of payments; international monetary systems; internal and external balance; macroeconomic coordination; exchange rate variation; and other topics. 3 Cr. Spring.
ECN 461 Human Resource Economics (A)Prerequisites: ECN 201 and ECN 202.
Covers the development and utilization of labor as a productive resource. Has a policy emphasis. 3 Cr.
ECN 485 Economic Research (A)Prerequisites: ECN 304; ECN 302 and either ECN 305 or ECN 301.
Emphasizes the skills of inquiry, analysis, and communication required of a professional economist. Helps students learn to find information, analyze it, and communicate the results of their analysis. 3 Cr.
ECN 490 Senior Thesis Research (A)
Part of a two-semester course of study aimed at providing students with an opportunity to acquire in-depth knowledge in a specialized area. Allows students to select a faculty member willing to serve as their thesis advisor. Requires students to identify a research topic, and conduct background research to include the preparation of an introduction and bibliography. The data should be collected by the end of the semester. 3 Cr. By Arrangement.
ECN 498 Economics Internship (A)
Provides supervised experience in a work environment, with an opportunity to apply concepts learned in economics course work. Provides an opportunity for students to better understand career opportunities in the field of economics, including careers related to economic development, economic planning, international trade, banking systems, and banking policy. Helps students understand the professional expectations of employers and the work culture. 1-6 Cr. Every Semester.
ECN 499 Independent Study in Economics (A)
Entails special projects in economics under direction of individual staff members. Arranged in consultation with the instructor-sponsor and in accordance with procedures of the Office of Academic Advisement prior to registration. 1-6 Cr. By Arrangement.
ECN 605 Economic Analysis for Managers (B)
This course examines micro- and macro-economic principles at the advanced level. Topics in microeconomics include economic models, individual choice and demand, production and the firm, and pricing in the goods and factor markets. Macroeconomic topics include aggregate supply and demand, inflation, fiscal and monetary policy, and international trade. Cases may be used. Prerequisite: Undergraduate Courses in Principles of Microeconomics and Macroeconomics with a minimum grade of C-. 3 Cr. Spring.