Courses in Economics (ECON)

A non-theoretical approach to describe economic involvement in relevant social and political matters. Subject matter will help meet the general need for improved economic reasoning. (Students majoring or minoring within the Dillard College of Business Administration should take ECON 2333 instead of this course.)

Scope and methodology of economics. Development of principles useful for understanding aggregate economics and for choosing policy to resolve such problems as unemployment, inflation, recession, economic stagnation, resource waste, and international trade issues.

Prerequisite(s): MATH 1203 or MATH 1233.

Economic principles to describe behavior of business firms under conditions of competition or monopoly and to explain what determines product and resource price levels. An application of economic tools to select problems in monopoly, income inequality, and taxation.

Prerequisite(s): Junior standing or above or consent of the chair, ECON 2333, and ECON 2433.

Macroeconomic analysis is studied to identify forces affecting the economy’s performance and to present theory useful in policy development to achieve society’s economic goals.

Prerequisite(s): Junior standing or above or consent of the chair, ECON 2333, and ECON 2433.

An analysis of the overall functioning of the price system and of the modern business firm in a private enterprise, market-oriented economy. The relation of price, quantity, and profit under competition and imperfect competition.

Prerequisite(s): Junior standing or above or consent of the chair, and BUAD 3033.

The application of statistical methods to economic and financial analysis; particular attention is given to regression analysis including limited and dichotomous dependent variables, regression diagnostics, hypothesis testing, analysis of variance, and selected topics in time series forecasting.

Prerequisite(s): Junior standing or above or consent of the chair, and 3 credit hours of economics.

A study of global economic activity from the geographic and natural resource perspectives. Location economics will be used to analyze global resource allocation and development, technological change, environmental risks, and societal impacts, as well as to develop public policy alternatives.

Prerequisite(s): Junior standing or above or consent of the chair.

An analysis of money, banking, and monetary policy, including an introduction to monetary theory. Topics include the use of balance sheet management techniques to control interest rate risk and increase profit in a dynamic banking environment.

Prerequisite(s): Junior standing or above or consent of the chair, and 3 credit hours of economics.

The significance, influence, and development of economic doctrines from ancient times to modern thought.

Prerequisite(s): Junior standing or above or consent of the chair, ECON 2333, and ECON 2433.

A critical analysis of government acquisition and disbursement of revenues; detailed attention to the various taxing programs, the economic effects of governmental debt, and the significance of governmental expenditures for national defense, public works, social security benefits, resource development, and education.

Prerequisite(s): Junior standing or above or consent of the chair.

May be repeated with different content.

Prerequisite(s): Junior standing or above or consent of the chair, ECON 2333, or ECON 2433.

International trade theory and practice, historical survey, balance of payments, and world economic problems.

Topics vary. May be repeated with different content.

Prerequisite(s): Junior standing or above or consent of the chair, and 3 credit hours of economics.

Examination of economic characteristics and institutions related to economic freedom, growth, business enterprise, government planning, taxation expenditure, and transfer payments in the U.S., France, United Kingdom, Germany, and Japan.

Prerequisite(s): See requirements under Internship Programs in Requirements for Majors in Business Administration, page 111.

Field experience in selected areas of business administration with local or regional organizations. May involve a specific project or theoretical integration with the “real world.” May be repeated once. Must be approved with all paperwork completed prior to registration. Total hours granted for internships in all areas of business administration may not exceed 6 hours of credit.