ECP-ECONOMIC PROBLEMS AND POLICY
 

ECP 3409          Internet Economics              3

Prerequisite: ECO 2013 and ECO 2023 or ECO 3003.

With the advent of the Internet and the World Wide Web has come the need to re-examine some of the basic theories in economics. For example, the way in which information about goods and services is acquired, how goods and services are bought and sold, and even the production process itself have undergone tremendous change in the so-called “new” economy. Specific topics include externalities, theories of auctions, pricing strategies, property rights and industrial organization in an e-commerce environment.

ECP 4005          Economics and Public Policy            3

Prerequisite: ECO 2013 and ECO 2023 or ECO 3003.

Explores government expenditure and tax policies, comparisons of popular views on the purpose of government and established criteria for evaluating government policy. Specific policy topics include the effect of Medicare and Medicaid on health in the United States, the federal income tax on total national income and environmental controls on the level of pollution.

ECP 4114          Economic Demography and Aging Markets            3

Prerequisite: ECO 2013 or ECO 3003.

Uses basic models and theories from principles of economics classes to analyze the economic aspects of aging. Topics include the following: causes of an aging society; economic implications of an aging population on younger as well as older persons; dependency ratios; wealth, labor markets and the decision to work in old age; analysis of the role of private and public pension/annuity systems (including Social Security) on the economic status of older adults; and the role of intergenerational transfers and bequests on retirement decisions. Offered concurrently with ECP 5118; graduate students will be assigned additional work.

ECP 4302          Environmental Economics and Policy         3

Prerequisite: ECO 2013 and ECO 2023 or ECO 3003.

Involves the student in the study of a broad range of environmental problems and the appropriate analysis of policy responses. Specific environmental issues include declining urban air quality, global warming, the effect of development on water systems and contamination from waste disposal systems. Traditional environmental regulations and policies are analyzed and contrasted with current, cutting-edge policies aimed at improving the environment.

ECP 4403          Industrial Economics          3

Prerequisite: ECO 2023.

Covers economic aspects of the behavior of firms in the United States including degree of concentration, price discrimination, competitive practices, strategic behavior, and regulated industries. The material covered will help students to understand how firms can continue to maintain high profits, how competition might lead to concentration, and how the government serves as a regulator in the economy.

ECP 4613          Urban and Regional Economic Development        3

Prerequisite: ECO 2013 and ECO 2023 or ECO 3003.

Contemporary urban and regional issues such as crowding, congestion, pollution and crime have long been the subject of political, moral and social debate. In order to understand and work towards solutions to these problems a command of economic theory and its relevant applications is essential. Takes simple economic principles and applies them to these pressing social issues including those found in the Gulf Coast area of Northwest Florida. In each case, various alternative solutions are discussed in the context of scarcity of resources, a fundamental principle of economics. Offered concurrently with ECP 5607; graduate students will be assigned additional work.

ECP 4703          Managerial Economics           3

Prerequisite: ECO 2013 and ECO 2023 or ECO 3003.

Develops tools of economic analysis in operating a business firm, including applied microeconomic tools designed to aid decision makers in pricing, reducing firm costs and identifying areas for firm expansion.

ECP 5118          Economic Demography and Aging Markets       3

Prerequisite: ECO 2013 or ECO 3003.

Uses basic models and theories from principles of economics classes to analyze the economic aspects of aging. Topics include the following: causes of an aging society; economic implications of an aging population on younger as well as older persons; dependency ratios; wealth, labor markets and the decision to work in old age; analysis of the role of private and public pension/annuity systems (including Social Security) on the economic status of older adults; and the role of intergenerational transfers and bequests on retirement decisions. Offered concurrently with ECP 4114; graduate students will be assigned additional work.

ECP 5607          Urban and Regional Economic Development            3

Prerequisite: ECO 2013 and ECO 2023, or ECO 3003.

Contemporary urban and regional issues such as crowding, congestion, pollution and crime have long been the subject of political, moral and social debate. In order to understand and work towards solutions to these problems a command of economic theory and its relevant applications is essential. Takes simple economic principles and applies them to these pressing social issues including those found in the Gulf Coast area of Northwest Florida. In each case, various alternative solutions are discussed in the context of scarcity of resources a fundamental principle of economics. Offered concurrently with ECP 4613; graduate students will be assigned additional work.

ECP 6705          Advanced Managerial Economics         3

Prerequisite: QMB 6305.

Concepts of competition as they relate to business management policies and practices; profit goals and measurement problems; multiple product policy; demand analysis; cost concepts; pricing problems; case studies. Contains a portfolio project.