Economics

ECONOMICS 101—PRINCIPLES OF MICROECONOMICS (SS)

Fall, Spring, multiple sections. Credit, three hours.  Introduction to the theory of markets, including consumer and producer choice and how they interact to determine prices and resource allocations. Applications may include price controls, production, market structures, environmental economics, governmental regulation of the economy, labor and capital markets, and international exchange.

ECONOMICS 112—PRINCIPLES OF MACROECONOMICS (SS)

Fall, Spring, multiple sections. Credit, three hours. Prerequisite: Economics 101 or permission of instructor. Introduction to economic analysis and its use in explaining levels of national income, employment, and price levels. Additional topics may include the national debt, financial markets, money and the banking system, and international trade.

ECONOMICS 201—INTERMEDIATE MICROECONOMICS (SS)

Fall, Spring. Credit, four hours. Prerequisites: Economics 101, Economics 112, and Mathematics 111. Contemporary theory that positions itself between beginning principles and work in theory at the graduate level, primarily treating economic theory as it relates to consumers, business enterprises, and factor markets.

ECONOMICS 212—INTERMEDIATE MACROECONOMICS (SS)

Fall. Credit, three hours. Prerequisites: Economics 101, Economics 112, and Mathematics 111. The economy as a whole; factors that determine overall employment levels, national income, and national output; economic fluctuation; macro monetary theory; the general price level; the rate of economic growth; and international income relationships.

ECONOMICS 220—DATA SCIENCE FOR ECONOMISTS (QR)

Spring. Credit, four hours. Prerequisites: Economics 101 and Mathematics 111. (Economics 101 gives basic preparation in terms of economic concepts and Mathematics 111 provides tools for better understanding of probability distributions.) This course will examine methods of collection, presentation, and analysis of economic data. Measures of central tendency and dispersion, probability, estimation, and hypothesis testing will be at the center of discussions of how economists analyze research problems.

Regression analysis will be introduced (time permitting).

ECONOMICS 231—INTRODUCTION TO GLOBAL TRADE AND FINANCE (SS)

On Demand. Credit, three hours. Prerequisite: Economics 101 or Economics 112. Knowledge of basic economic concepts and graphical analysis is crucial for success in this course. The course is an introduction to international economics and will cover topics in trade theory, trade policy, and international finance.

ECONOMICS 302—DEVELOPMENT OF ECONOMIC THOUGHT

On Demand. Credit, three hours. Prerequisites: Economics 101 and Economics 112. This course discusses the development of economic doctrine and analysis from before capitalism to the modern period. Reading and discussion of historical texts are used to inform current economic debates.

ECONOMICS 362—ECONOMIC DEVELOPMENT

On Demand. Credit, three hours. Prerequisite: Economics 101 and Economics 112. The course introduces theories of economic growth and development. The topics of poverty, inequality, population growth and development are discussed. Special attention is paid to education and human capital in developing countries as crucial elements for economic development. Policies and development strategies as well as the roles of market, government, and civil society are considered.

ECONOMICS 371—HEALTH ECONOMICS

Spring. Credit: three hours. Prerequisite: Economics 101. An introduction to the application of the theories and principles of microeconomics to issues in health care. Increase understanding of microeconomic theory and the basic structure of health care delivery and health care financing in the United States and other countries.

ECONOMICS 385R—SPECIAL TOPICS IN ECONOMICS

TBA. Variable Credit. Prerequisites: Minimum of one economics course; permission of instructor. Course may be repeated for credit when topic varies. Seminar and/or advanced course in selected topics in economics.

ECONOMICS 397R—DIRECTED READING IN ECONOMICS

On Demand. Credit, one to three hours. For approval, a topic must be selected that is not included in a course to be offered before the student would normally graduate; a faculty adviser from among the full-time faculty must agree to supervise the study program.