ECO 100
The Economics of Social Issues and Public Policy
This course introduces and reinforces economic principles through the study and discussion of current controversies and policy issues. The course is strongly based in the use of economic terminology and tools. It is intended as an introduction to the study of economics and as a means of reinforcing economic modeling and critical thinking skills. The course also provides an overview and discussion of many important policy issues. General studies social science credit.
ECO 105
Principles of Economics
An introduction to the methodology of economics and basic principles of microeconomics and macroeconomics. This course provides a foundation for further study in economics. It also serves as an introduction to basic economics as a social science.
ECO 207
Statistical Analysis for Economics and Business
Introduction to the concepts, theories and methods of statistical problem-solving in business and economics. Topics include: frequency distributions, descriptive statistics, elementary probability and sampling theory, probdistributions, elementary hypothesis testing, analysis of variance, correlation and regression. Satisfies general studies quantitative reasoning requirement. Not open to first-year students
Prerequisite: Sophomore standing
ECO 223
Law and Economics
The economic analysis of law brings together two fields of study and facilitates a greater understanding of both. Economics provides a theory of behavior useful for understanding the effects of the law as well as a normative standard for evaluating the law. Topics covered include property, contracts, tort liability and the economics of crime and punishment.
ECO 224
Environmental Economics
The application of economic principles to a variety of environmental problems. Attention is given to the economics of resource depletion, waste disposal, population growth and economic growth.
ECO 233
Comparative Economics
An important aspect of the trend toward the globalization of markets is that economic decisions and their outcomes are becoming increasingly intertwined and interdependent. This growing interdependence requires knowledge of the rules and institutional mechanisms by and with which other economies operate. Such knowledge has become a crucial economic resource, the use of which economic policymakers, industrial leaders and individual firm managers can no longer do without. This course examines the various approaches and methods used to solve economic problems in a number of societies, both past and current, with a special emphasis on today's key European and Asian economies. It analyzes the principles and institutions by which these economies have sought to improve their objectives of better resource allocation, technological progress, income distribution and growth.
Prerequisite: ECO 105
ECO 234
Economic Development
This course deals with economic development problems in the third world among the less-developed countries. Topics include: characteristics of underdevelopment, theories of development, poverty and population pressures, international trade, third world debt and foreign aid.
Prerequisite: ECO 105
ECO 301
International Economics and Finance
A study of international economics and finance. Topics include a survey of the major theories of international trade, foreign exchange systems and markets, international money and capital markets and international banking. Special attention is given to these topics as the framework within which the financial managers of multinational corporations operate.
Prerequisite: ECO 105
ECO 302
History of Economic Ideas
A survey of the major schools of economic thought from the 17th century to the present. Mercantilist, Physiocratic, Classical, Marxist, Neoclassical, Keynesian, Neo-Marxist and Modern conventional economic theories are examined.
Prerequisite: ECO 105
ECO 307
Econometrics
A study of the applications of mathematical and statistical techniques to the analysis of economic data, with special emphasis on economic and business forecasting. Topics include simple regression, multiple regression, simultaneous equations models, models of expectations, model selection criteria and time series analysis.
Prerequisites: ECO 105, 207
ECO 313
Money and Banking
A study of depository banking institutions, financial markets and the Federal Reserve System. The supply of and demand for liquidity is examined in both microeconomic and macroeconomic aspects. Alternative rules for the conduct of monetary policy are evaluated.
Prerequisite: ECO 105
ECO 322
Labor Economics
A study of the labor process, labor markets and labor relations in a global economy. An examination of labor problems from the viewpoint of the employee, the employer and the public, with special emphasis on rapidly changing labor market configurations for the 21st century.
Prerequisite: ECO 105
ECO 335
Intermediate Microeconomic Analysis
A study of the principles of demand, production, pricing of commodities, productive series and productive resources in various industries and market situations.
Prerequisite: ECO 105
ECO 336
Intermediate Macroeconomic Analysis
An examination of the modern history of determination of the level and rate of growth of income, employment, output and general price level. Alternative fiscal and monetary policies to facilitate full employment and stable economic growth.
Prerequisite: ECO 105
ECO 337
Public Finance
A study of the economic basis of government activities and the consequences of alternative government expenditures, regulations and finance. The emphasis is on the microeconomic functions of government and the way it affects the allocation of existing resources and distribution of income.
Prerequisite: ECO 105
ECO 364
Industrial Organization
This course focuses on the structure, conduct and performance of industries and markets. Emphasis is on evaluating public policy towards business and business practices and the relationship between the structure of markets and the socioeconomic performance of business enterprises. Lectures, group projects and case analysis are utilized.
Prerequisite: ECO 105
ECO 492
Senior Seminar in Economics
An intensive research course resulting in the submission of a senior thesis. Advanced topics in economic theory and policy are considered throughout the semester.
Prerequisite: Senior status or permission of the instructor
