Academic Catalog

2018-2019 Undergraduate Academic Catalog

Economics Major

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Degree Type Offered: B.A. Major

Consists of 42 credit hours (14 three-credit courses), comprised of 27 credits from the following nine required courses:

MATH-140 Introduction to Statistics

Credits: 3 Term Offered: Fall and Spring

Basic descriptive statistics, probability, hypothesis testing, correlation, and regression. Statistical computer software is used to analyze data. Prerequisites: MATH-118, MATH-110, MATH-115, or satisfactory performance on placement test

ECON-200 Principles of Macroeconomics

Credits: 3 Term Offered: Fall and Spring

Introduces scarcity, opportunity cost, and supply and demand analysis, with special emphasis on aggregate economic growth, unemployment, inflation, and fiscal and monetary policies. Prerequisite: FILA-150 or FILA-350 FILA general education: social sciences

ECON-210 Principles of Microeconomics

Credits: 3 Term Offered: Fall and Spring

Analysis of individual choice and market behavior, with special emphasis on price and output relationships and the economics of the firm. Prerequisite: FILA-150 or FILA-350 FILA general education: social sciences

ECON-300 Money & Banking

Credits: 3 Term Offered: Fall Only

Focuses on the financial system, determinants of interest rates, structure and regulation of the banking system, the Federal Reserve System, and monetary policy and it's impact on aggregate economic activity and inflation. Prerequisite: ECON-200

ECON-330 Government & Business

Credits: 3 Term Offered: Spring Only

Discussion of the role of government and market forces in promoting economic efficiency, focusing on antitrust policy, economic regulation, and socio-economic engineering. Prerequisite: ECON-200 or ECON-210

ECON-400 Intermediate Macroeconomics Theory

Credits: 3 Term Offered: Fall Only

Analyzes economic growth, business cycles, and the impact of economic institutions and policies on aggregate economic performance and living standards. Prerequisite: ECON-200

ECON-410 Intermediate Microeconomics Theory

Credits: 3 Term Offered: Spring Only

Theoretical and applied development of consumer choice, firm behavior, price and income determination, market behavior, and government policy. Prerequisite: ECON-210

ECON-440 International Economics

Credits: 3 Term Offered: Spring Only

Theory of international economic interrelationships, including trade, finance, and monetary policies and institutions. Prerequisite: ECON-200 or ECON-210 FILA general education: global dynamics

ECON-460 Senior Seminar

Credits: 3 Term Offered: Fall Only

Capstone course for majors in Economics. Investigates selected economic issues, policies, and problems, and introduces regression methods used to test economic hypotheses. Students conduct quantitative research, collect data, formulate and test hypotheses, and present their results. Prerequisites: ECON-400 and ECON-410 and senior standing, or permission of instructor

Plus 15 additional credits in ECON courses numbered 300 or above, or 9 additional credits in ECON course numbered 300 or above and one of the following tracks:

Business Track

Consists of 6 credit hours (2 three-credit courses), selected from:

BUS-201 Principles of Accounting I

Credits: 3 Term Offered: Fall and Spring

Accounting for sole proprietorships and corporations, accounting records, processing accounting information and financial statement content.

BUS-202 Principles of Accounting II

Credits: 3 Term Offered: Fall and Spring

Accounting for partnerships, time-value of money applications, cash flows, budgeting, cost determination, responsibility accounting, and decision-driven financial information. Prerequisite: BUS-201

BUS-300 Principles of Organization Management

Credits: 3 Term Offered: Fall and Spring

General overview of the principles of planning, organizing, leading, and controlling human and other resources for the achievement of an organization's goals. Examines the impact and role of communication, motivation, group dynamics, and organization culture, conflict and change as the context for current management practices. Uses written and oral reports to develop student writing and speaking skills. Prerequisites: BUS-120, ENG-110 or permission of the instructor

Government Policy Track

Consists of 6 credit hours (2 three-credit courses), selected from:

PSCI-210 Politics & Government in the United States

Credits: 3 Term Offered: Fall Only

Introduction to American politics, covering the development of American democracy, relations between the states and the federal government, elections, the role of the media, the three branches of national government, and current public policy. Corequisite: FILA-150 or FILA-350 FILA general education: social sciences

PSCI-230 Introduction to Global Politics

Credits: 3 Term Offered: Fall Only

Introduces students to the world as a site of political activity. Examines institutions and processes on a global scale. Topics include sovereignty, power, globalization, war, multilateral institutions, the environment, trade, development, poverty and a variety of current events. Prerequisite: FILA-150 or FILA-350 FILA general education: global dynamics

PSCI-420W International Law & Organization

Credits: 3 Term Offered: Fall Only

Explores the nature of international law and its similarities and differences with domestic law. Examines the institutions, rules, and organizations that provide the context for global interactions in an increasingly globalizing world. Case studies include issues such as human rights, the International Criminal Court, the World Trade Organization and the World Bank, and International Monetary Fund. Prerequisites: FILA-150 or FILA-350 and ENG-110 FILA general education: writing intensive Offered alternate years

Graduate School Preparation Track

Consists of 6 credit hours (2 three-credit courses):

MATH-131 Calculus I

Credits: 3 Term Offered: Fall and Spring

Study of differential calculus of a single variable. Applications of the derivative are made to curve sketching, max-min problems, and linear approximation, and I'Hopital's Rule. Also included are applications of the Intermediate Value Theorem and Mean Value Theorem. Credit may not be received for both MATH 130 and 131. Prerequisites: MATH-120 or satisfactory performance on placement test

MATH-132 Calculus II

Credits: 3 Term Offered: Fall and Spring

Study of integral calculus of a single variable. Included are techniques of integration and numerical methods of integration. Applications of the integral are made to computing area, volume, arc length, and selected topics. Prerequisite: MATH-131

Students who choose this option should consider taking additional courses beyond MATH-132 as well.