Economics

Courses

ECON 201 Principles of Microeconomics 4.0 Credits

Examines allocation of resources within an economy. Major topics include interaction of supply and demand in markets, consumer choice, cost structure of firms, and profit maximization for competitive forms as well as firms with market power.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit

ECON 202 Principles of Macroeconomics 4.0 Credits

Examines measurement, growth, and fluctuation of aggregate economic activity. Includes national income accounting and explains determination of output, employment, and price level. Also provides an introduction to international economics, money and banking, and economic policy. Some or all pre-requisites may be taken as either a pre-requisite or co-requisite. Please see the department for more information.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: ECON 201 [Min Grade: D] (Can be taken Concurrently)

ECON 240 Economics of Health Care Systems 4.0 Credits

Examine the health care industry from an economic perspective, including demand, cost-benefit analysis, insurance, supply constraints, and the role of the government.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit

ECON 250 Game Theory and Applications 4.0 Credits

Introduces the basic ideas of game theory with a minimum of mathematics; and discuses application to economics, politics, business, behavioral science, philosophy, population biology and engineering.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: STAT 201 [Min Grade: C] or STAT 205 [Min Grade: C] or MATH 107 [Min Grade: C]

ECON 260 Economics of Small Business 4.0 Credits

Discusses economic topics relevant to the role and varieties of small businesses in industrialized economies, and to government policy with respect to small business.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: ECON 201 [Min Grade: C]

ECON 301 Microeconomics 4.0 Credits

Examines theory of the firm and theory of the consumer in a rigorous fashion. Also covers risk and uncertainty, price determination, market failures, and analysis of various government policies.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C] and (MATH 102 [Min Grade: C] or MATH 121 [Min Grade: C])

ECON 321 Macroeconomics 4.0 Credits

Provides an in-depth introduction to dominant theories behind short-run economic fluctuations and long-run economic growth. Employs both mathematical and graphical tools to discuss determination of output, employment, and price level in the aggregate economy. Also covers effectiveness of monetary and fiscal policies in dealing with unemployment and inflation.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C] and ECON 301 [Min Grade: C] and (MATH 102 [Min Grade: C] or MATH 121 [Min Grade: C])

ECON 322 [WI] Economics Seminar 4.0 Credits

Requires research and writing of a scholarly paper on a topic in economics approved by an appointed faculty adviser. This is a writing intensive course.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: ECON 301 [Min Grade: C] and ECON 321 [Min Grade: C]

ECON 326 [WI] Economic Ideas 4.0 Credits

Covers the history of economic thought and development of different schools of thinking in economics. This is a writing intensive course.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C]

ECON 330 Managerial Economics 4.0 Credits

Covers applied economics relevant for decision-making processes. Emphasizes profit management, demand and cost analysis, pricing, and government policy.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C]

ECON 331 International Macroeconomics 4.0 Credits

This course covers fundamental issues in open economy macroeconomics. We will learn about how fiscal and monetary policy work when the economy is open to international trade in goods and services and to international capital flows. We will also study the effects of these policies on the current account and the exchange rate. The course treatment will be mainly theoretical. However, we will frequently refer to features of the international financial markets data, and we will use examples, case studies, readings, videos and policy applications to illustrate the findings of the theory and/or to try to bridge the gap between the predictions of theoretical models and real world developments.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C]

ECON 334 Public Finance 4.0 Credits

Applies economic principles and cost-benefit analysis to the operation of government, with emphasis on understanding why private markets fail to provide public goods. Explores the current American tax system from three points of view: how efficient it is, who really pays, and how it might be reformed.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C] and (MATH 102 [Min Grade: C] or MATH 121 [Min Grade: C])

ECON 336 Labor Economics 4.0 Credits

Develops an understanding of how labor institutions operate to determine wages and employment. Examines alternative policy questions involving unemployment and inflation, collective bargaining, investment in education and training, and other labor-related questions. Requires students to apply theoretical and empirical abilities to research a labor-related issue and improve the ability to think clearly and communicate effectively.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C]

ECON 338 Industrial Organization 4.0 Credits

Examines observational studies of industries with respect to competitive or non-competitive structure, conduct, and performance. Considers implications of profitability, technological innovation, antitrust policy, and competitiveness in trade. Reviews problems of measurement and sources of data.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C] and (MATH 102 [Min Grade: C] or MATH 121 [Min Grade: C])

ECON 342 Economic Development 4.0 Credits

Covers topics including driving forces of economic growth, economic planning, income distribution and poverty, labor migration, capital markets and saving, international debt problems and global economic crisis. Emphasizes underlying theories and realities of economic growth and development of less developed economies and emerging economies.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C]

ECON 344 Comparative Economic Systems 4.0 Credits

Covers theory and contemporary practices of capitalism, socialism, fascism, and the welfare state as economic systems.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C]

ECON 348 Mathematical Economics 4.0 Credits

Discusses the application of mathematics in economic models, with extensive discussion of economic applications of linear algebra and calculus. Considers implications of the assumptions of maximization of profits and utility. Stresses mathematical models and techniques useful in statistical applications of economics.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C] and (MATH 102 [Min Grade: C] or MATH 121 [Min Grade: C])

ECON 350 [WI] Applied Econometrics 4.0 Credits

Applies statistics to economics, with emphasis on the special problems of statistical analysis of economic data, sources of data, and examples of applications and models. Covers forecasting the impacts of changing economic policy and of developments in industrial markets using economic-statistical models. This is a writing intensive course.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C] and STAT 201 [Min Grade: C]

ECON 351 Resource and Environmental Economics 4.0 Credits

Examines the microeconomic and quantitative aspects of markets for both renewable and exhaustible resources, and the interaction between the energy and resource sectors of the economy and between the productive sectors of the economy and the natural environment, with evaluation of major public policy initiatives and issues in these areas.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C]

ECON 360 Time Series Econometrics 4.0 Credits

Introduce time-series econometric models and provide tools for empirical analysis using time-series economic and financial data, with specific emphasis on application and forecasting.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: ECON 201 [Min Grade: D] and ECON 202 [Min Grade: D] and ECON 350 [Min Grade: D]

ECON 498 Special Topics in Economics 0.5-12.0 Credits

This course covers topics of particular interest to students in economics.

College/Department: LeBow College of Business
Repeat Status: Can be repeated multiple times for credit
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C]

ECON 499 Independent Study 0.5-5.0 Credits

College/Department: LeBow College of Business
Repeat Status: Can be repeated multiple times for credit

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