ECO 2013 Principles of Economics Macro . . . . .
3(F,S,SS)
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(F,S,SS)
Prerequisite: ECO 2013.
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 various users. Study of market structure and efficiency.
ECO 3003 Principles of Economic Theory and Public
Policy . . . . . 3(F,S,SS)
Survey and analysis of contemporary economic theory and public policy.
Available to nonbusiness majors only.
ECO 3101 Intermediate Microeconomics . . . . . 3(F)
Prerequisite: ECO 2013 and ECO 2023 or ECO 3003.
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 how to distribute products. 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.
ECO 3203 Intermediate Macroeconomics . . . . . 3(S)
Prerequisite: ECO 2013 and ECO 2023 or ECO 3003.
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.
ECO 3223 Money and Banking . . . . . 3(CALL DEPT)
Prerequisite: ECO 2013 and ECO 2023.
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.
ECO 3949 Cooperative Education 1-2(F,S,SS)
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(CALL
DEPT)
Prerequisite: FIN 3403; MAC 2233.
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 issued to model risky environments and
develop strategies for controlling and immunizing against risk using various
remedies in insurance and financial engineering.
ECO 4431 Business and Economic Forecasting . . . . .
3(CALL DEPT)
Prerequisite: STA 2023, ECO 2013 and ECO 2023 or ECO 3003.
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). Concentrates on conditional forecasts using
econometric methods and time series models including smoothing methods, and
Box-Jenkins ARIMA models.
ECO 4704 International Trade and Commercial Policy . .
. . . 3(CALL DEPT)
Prerequisite: ECO 2013 and ECO 2023 or ECO 3003.
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.
ECO 4941 Economics Internship . . . . . 1-6(F,S,SS)
Prerequisite: ECO 2013 and ECO 2023.
Supervised field practicum in economics related position. May include activities
in 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 is required.
ECO 4949 Cooperative Education . . . . . 0(F,S,SS)
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 6945 Graduate Economics Intern . . . . .
1-3(F,S,SS)
Prerequisite: ECO 2013 and ECO 2023.
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 is required.