ECO-ECONOMICS

ECO 2013 Principles of Economics Macro . . . . . 3(3,0,0)
Introduction to economics with emphasis on the study of aggregate economic activity, national income, price level determination, and economic growth and development. (General Studies Course: SS/SOC)

ECO 2023 Principles of Economics Micro . . . . . 3(3,0,0)
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 2948 Service Learning Field Study I . . . . . 1-3(VARIABLE)
Placement in community agency or other social organizational setting related to field of study. Supervision by faculty and agency. Students and faculty "customize" courses to fit a full range of services that are available in the setting. Student must be able to draw correlation between the discipline and field study. Journal and reflective experience paper are required. With the agreement of the student's faculty sponsor, a minimum of 6-8 hours per week must be done at the field site per semester hour of credit. Permission of instructor is required.

ECO 3003 Principles of Economic Theory and Public Policy . . . . . 3(3,0,0)
Survey and analysis of contemporary economic theory and public policy. Available to non-business majors only.

ECO 3101 Intermediate Microeconomics . . . . . 3(3,0,0)
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 ECO 2023 or ECO 3003.

ECO 3203 Intermediate Macroeconomics . . . . . 3(3,0,0)
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 ECO 2023 or ECO 3003.

ECO 3223 Money and Banking . . . . . 3(3,0,0)
Monetary and financial systems of the United States; organization and function of financial institutions including the Federal Reserve System; problems of money, prices, interest, credit, national income, and employment; international finance; recent monetary and financial trends. Prerequisite: ECO 2013, ECO 2023.

ECO 3948 Service Learning Field Study II . . . . . 1-3(VARIABLE)
Placement in community agency or other social organizational setting related to field of study. Supervision by faculty and agency. Students and faculty "customize" courses to fit a full range of services that are available in the setting. Student must be able to draw correlation between the discipline and field study. Journal and reflective experience paper are required. With the agreement of the student's faculty sponsor, a minimum of 6-8 hours per week must be done at the field site per semester hour of credit. Permission of instructor is required.

ECO 3949 Cooperative Education . . . . . 1-2(VARIABLE)
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). Graded on satisfactory/unsatisfactory basis only. Permission of the director of Cooperative Education is required.

ECO 4162 Risk Analysis and Management . . . . . 3(3,0,0)
Examines the nature of uncertainty as it influences business and economic decision making. Exposes students to methods for identifying, measuring and managing exposure to risk and uncertainty. Specific areas covered include new product development and marketing, securities analysis and portfolio/asset management, operation management and planning, financial analysis and capital budgeting, and political and economic risk domestically and in the global economic environment. Computer software is used to model risky environments and develop strategies for controlling and immunizing against risk using various remedies in insurance and financial engineering. Prerequisite: FIN 3403; STA 3134 or MAC 2233.

ECO 4431 Business and Economic Forecasting . . . . . 3(3,0,0)
Provides the student with alternative forecasting techniques with applications to processes that occur in business and economics. Students will learn what are the typical forecasting problems in business and economics, what are the tools that can be used for forecasting purposes, how these tools are used in practice (the mechanics), and how they are applied to particular business and economic problems (the application). Will concentrate primarily on conditional forecasts using econometric methods and time series models including smoothing methods, and Box-Jenkins ARIMA models. Prerequisite: STA 2023, ECO 2013 and ECO 2023 or ECO 3003.

ECO 4704 International Trade and Commercial Policy . . . . . 3(3,0,0)
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 ECO 2023 or ECO 3003.

ECO 4941 Economics Internship . . . . . 1-6(VARIABLE)
Supervised field practicum in economics related position. May include activities in any one or more functional areas of economics (research, forecasting, business cycles, money & banking, labor, etc.). Graded on satisfactory/unsatisfactory basis only. A 3.0 GPA in major course(s) and permission of the Internship Advisor is required. Prerequisite: ECO 2013, ECO 2023.

ECO 4949 Cooperative Education . . . . . 0(VARIABLE)
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). Graded on a satisfactory/unsatisfactory basis only. Master level student and permission of the director of Cooperative Education is required.

ECO 5005 The Economic Environment . . . . . 3(3,0,0)
Review of the micro and macro economic environment as it affects business decision making.

ECO 6945 Graduate Economics Intern . . . . . 1-3(VARIABLE)
Supervised field practicum in economics related position. May include activities in any one or more functional areas of economics (research, forecasting, business cycles, money & banking, labor, etc.). Students will be expected to perform duties with an emphasis on analysis and management appropriate for graduate credit. This will be reflected in the paper written at the conclusion of the internship. Graded on satisfactory/unsatisfactory basis only. Average 3.0 GPA in major course(s), and permission of the Internship Advisor is required. Prerequisite: ECO 2013, ECO 2023.