Introduction to economics with emphasis on the study of aggregate economic activity, national income, price level determination, and economic growth and development.

ECO 2023 Principles of Economics Micro . . . . . 3(3,0)

Introduction to economics with an emphasis on the determination of prices in the market economy, and their role in allocating commodities and economic resources to their various users. A study of market structure and efficiency. Prerequisite: ECO 2013.

ECO 3003 Principles of Economic Theory and Public Policy . . . . . 3(3,0)

Survey and analysis of contemporary economic theory and public policy. Available to non business majors only.

ECO 3101 Intermediate Micro Analysis . . . . . 3(3,0)

Economic activity of individual economic units as consumers, resource owners and business firms. Analysis of consumer motivation as the basis of demand theory. Study of how business firms determine what to produce, how to produce at least cost, how to maximize profits, and problems of product distribution. Monopoly, oligopoly, imperfect competition, and the different market conditions for resources are studied to present how the optimum use of each resource is determined by the firm. Prerequisite: ECO 2013 and 2023 or ECO 3003.

ECO 3203 Intermediate Macro Analysis . . . . . 3(3,0)

National income accounts. Aggregate supply and demand functions. Savings and consumption functions, the multiplier, the accelerator, marginal efficiency of capital, and determinants of interest rate. Problems of growth and full employment. Prerequisite: ECO 2013 and 2023 or ECO 3003.

ECO 3303 History of Economic Thought . . . . . 3(3,0)

Development of economic thought from ancient times to 20th century; formulation of economic doctrines since 18th century. Prerequisite: ECO 2013 and 2023 or ECO 3003.

ECO 3949 Cooperative Education . . . . . 1-2(Variable)

Terms of alternating full time or consecutive parallel terms of practical experience in the intended field. Reinforcing academic preparation; confirming educational and career goals; personal and professional development; early start in career; earnings toward self support; improved employability. (See program description under Cooperative Education.) Prerequisite: permission of director of Cooperative Education.

ECO 4431 Economics Cycles and Business Forecasting . . . . . 3(3,0)

Methods used to forecast business cycles and other economic time series. Course concentrates on practical use of forecasting techniques. Includes study of literature in particular areas of student interest using the library as the source. Prerequisite: ECO 2013 and 2023 or ECO 3003.

ECO 4703 International Trade and Commercial Policy . . . . . 3(3,0)

Reason for trade. Analysis of U.S. exports and imports. Commercial policy, foreign investments, and changing trends in world trade. Financing and management of business ventures overseas. Prerequisite: ECO 2013 and 2023 or ECO 3003.

ECO 4713 International Monetary Economics . . . . . 3(3,0)

Topics include balance of payments; disequilibrium and adjustments; birth, evolution and demise of the Bretton Woods System; the managed float; international monetary reform; international factor movements; multinational corporations. Prerequisite: ECO 2013 and 2023 or equivalent introduction courses in economics.

ECO 4949 Cooperative Education . . . . . 0(Variable)

Terms of alternating full time or consecutive parallel terms of practical experience in the intended field. Reinforcing academic preparation; confirming educational and career goals; personal and professional development; early start in career; earnings toward self support; improved employability. (See program description under Cooperative Education.) Prerequisite: Master level student; permission of director of Cooperative Education.

ECO 5005 The Economic Environment . . . . . 3(3,0)

Review of the micro and macro economic environment as it effects business decision making.

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