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Economics Courses
All 300, 400 and 500 level economics courses have Principles of Microeconomics (EC215), Principles of Macroeconomics (EC225), Computer Applications (BA100 or equivalent) and College Algebra (MA134) as a prerequisite unless otherwise noted. The numbers in parentheses indicate hours of credit.
To view a course syllabus, click on the course number.
EC 101. Economic Problems and Policies.
An introduction to the domestic and international economic problems facing the United States today and an analysis of the policies designed to alleviate these problems. (University Studies Course) (3)
EC 215. Principles of Microeconomics.
U.S. market economic system. Demand, supply, competition, pricing, resource allocation concepts applied to issues in business, labor, and public policy. Prerequisites: Computer Applications Course and College Algebra. (University Studies course) (3)
EC 225. Principles of Macroeconomics.
Economic concepts, institutions, theories, and policies including study of national income, inflation, unemployment, banking system, money, growth and international economics. Prerequisites: EC 215 (3)
EC 235. Free Market Economics.
Alternative methodology to conventional economics, praxeology, which stresses the deductive approach. Frequently referred to as the Austrian School, this approach dominates the analysis of the strongest proponents of free markets or laissez faire. (University Studies Course) (3)
EC 335. Monetary Economics.
Analysis of money's role in the U.S. economy. Emphasis on the Federal Reserve system and monetary policy. (3)
EC 340. Economics of Growth and Development.
Characteristics and problems of less developed countries. Criteria of growth and development with emphasis on strategies for development. Obstacles to economic growth and policies for promoting growth. Prerequisites: (3)
EC 350. Development of Economic Thought.
The evolution of economic thinking from ancient Greece to modern times. Examination of the interaction between underlying social and cultural conditions and economic thinking. Prerequisite: Principles of Micro and Principles of Macro only. (3)
EC 351. Applied Economic Models.
Introduction to the process of data collection, model construction, hypothesis testing and prediction used by economists and social scientists. (3)
EC 380. Labor Economics.
The determination of wages, employment and the quantity and quality of work is examined. (3)
EC 381-383. Economics Internship.
Internship with a public agency or private business firm with approval of the Chair, Economics Dept. The field work will provide first hand experience in the operations of organizations institutions and firms. Prerequisites: 75 hours of college credit with fifteen hours in economics, including EC 215 and EC 225; a GPA of 2.5 overall; 3.0 GPA in economic courses; recommendation by the department chairperson or designee. (1-3)
EC 387-389. Independent Study in Economics.
Directed individual study of special interest areas in economics. Prerequisites: Approval of department chairperson; a minimum of 75 semester hours completed; a minimum of 10 semester hours in economics; a minimum overall 2.5 grade point average or a minimum 2.75 grade point average in economics. (1-3)
EC 410. Macroeconomic Theory.
Analysis of an economy's overall level of output, employment and prices. Several schools of thought are considered. (3)
EC 420. Microeconomic Theory.
Leading theories of value and distribution with analysis of price and output determination for firms and industries under various market conditions. (3)
EC 425. Industrial Organization.
The study of market structures in the U.S. economy. Applies microeconomic theory to industry studies, including elements of structure, conduct and performance.
EC 440. Regional Economic Growth and Development.
An examination of the economic forces influencing the performance of urban and regional areas, with a discussion of contemporary urban and regional economic problems.
EC 470. Public Sector Economics.
The financing of national, state and local governments. (3)
EC 490. Business Forecasting.
Introduction to the various econometric forecasting techniques available to deal with economic and business prediction. Prerequisites: Principles of Micro, Principles of Macro, college algebra, introductory statistics. (3)
EC 498. Senior Seminar.
Assigned readings and a paper designed around a specific economic issue. Intended to integrate economic analysis and reasoning from both macro and microeconomic perspectives. (1)
EC 525. Public Policy Economics.
Economic analysis of the functions of government in a market economy. (3)
EC 561. Managerial Economics.
Application of microeconomic theory to the practical problems faced by decision makers in business environment. (3)
EC 580. International Economics.
Development and maintenance of trade between nations; trade policies, exchange rate determination, financial activities involved. Prerequisites: Minimum grade of 'C' in Principles of Micro and Principles of Macro, college algebra, senior standing. (3)
UI 349. Comparative Economic Systems.
How market, mixed, planned, and developing economic systems are organized and function to obtain major economic, political, and social goals. Prerequisites: Economic Systems and Political Systems. (University Studies interdisciplinary course) (3)
UI 366. Law and Economics.
An Analysis of the application of economic principles to all aspects of law including contract law, torts, and criminal law. Prerequisites: Economic Systems and Political Systems. (University Studies interdisciplinary course) (3)
UI 371. Government and Business.
A study of the impact of government policies upon the economy. Prerequisites: Economic Systems and Political Systems. (University Studies interdisciplinary course) (3)
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