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Bulletins

ECO - Economics

ECO 101 Economics as a Way of Thinking

Introduction to the economic way of thinking and its applications to decision making in daily living. Emphasis on basic understanding of the economic aspects of current issues. Credit on the Economics major will be given only if this course is taken prior to the following courses: ECO 201, 202, 203.

Credits
3(3-0)

Prerequisites

None.

Corequisites

None.

ECO 110 Economics and Society

An examination of the development of economic thought and institutions with emphasis on the application of this knowledge to the understanding of today's world. Credit on the economics major will not be given if this course is taken after ECO 201 or ECO 202 or ECO 203.

Credits
3(3-0)

Prerequisites

None.

Corequisites

None.

ECO 150 Current Economic Problems

Economic topics of current national and international concern. Economic issues with which informed voters must deal. No credit if credit has been earned in ECO 201 or ECO 202 or ECO 203 or ECO 204. (University Program Group III-B: Studies in Social Structures)

Credits
3(3-0)

Prerequisites

None.

Corequisites

None.

ECO 201 Principles of Macroeconomics

Provides understanding of basic principles of economics, methods of National Income accounting, inflation, unemployment, role of government, money and banking, monetary policy, and international economics. Credit may not be earned in more than one of ECO 201 and ECO 204. (University Program Group III-B: Studies in Social Structures)

Credits
3(3-0)

Prerequisites

None.

Corequisites

None.

ECO 202 Principles of Microeconomics

Introduction to scarcity, choice, and opportunity cost; supply and demand; welfare economics; household and firm behavior; competition and monopoly; resource markets. Credit may not be earned in more than one of ECO 202 and ECO 203. (University Program Group III-B: Studies in Social Structures)

Credits
3(3-0)

Prerequisites

None.

Corequisites

None.

ECO 204 Principles of Macro- and Global Economics

Introduction to GDP, inflation, unemployment, business cycles, interest rates, money and banking, monetary and fiscal policy, economic growth, international trade for business students. Credit may not be earned in more than one of ECO 201 and ECO 204. This course may be offered in an online format. Prerequisites: ECO 202 or 203, Tier 1 continuing admission to Professional Business Studies.

Credits
3(3-0)

Prerequisites

ECO 202 or ECO 203, Tier 1 continuing admission to Professional Business Studies

Corequisites

None.

ECO 211 Economics of Professional Team Sports

Study of the economics and industrial relations systems of professional sports leagues in baseball, football, basketball, and hockey in North America.

Credits
3(3-0)

Prerequisites

None.

Corequisites

None.

ECO 222QR Behavioral Economics

Examines the roles of self-interest, altruism, expectations and information in individual and group decision-making. In-class experiments simulate market behavior and test theoretical predictions. Quantitative Reasoning. (University Program Group III-A: Behavioral Sciences)

Credits
3(3-0)

Prerequisites

None.

Corequisites

None.

ECO 230 Women in the Economy

A study of the past and present role of women in the economy, as workers, both inside and outside the labor market. Identical to WGS 230. Credit may not be earned in more than one of these courses.

Credits
3(3-0)

Prerequisites

None.

Corequisites

None.

Cross Listed Courses

WGS 230

ECO 266 Economics of Poverty and Discrimination

Economic analysis of the causes of poverty and alternative government solutions. Discrimination in education, housing and labor markets and their relationship to other social problems.

Credits
3(3-0)

Prerequisites

None.

Corequisites

None.

ECO 281 Economic Development of the Pacific Rim

Rapid development of Pacific Rim economies and its impact on our economy is studied. The roles of history and culture in economic policy are studied. (University Program Group IV-B: Studies in Cultures Outside of the Anglo-American Tradition)

Credits
3(3-0)

Prerequisites

None.

Corequisites

None.

ECO 301 Environmental Economics

Basic economic understanding of environmental/ecological problems arising from a free enterprise system. Economists' solutions presented without advanced economic theory or mathematical computation. Recommended: ECO 202 or 203.

Credits
3(3-0)

Prerequisites

None.

Corequisites

None.

ECO 306 Money and Banking

The nature of money and credit; history, structure, and functions of banking institutions, with emphasis upon Federal Reserve System and questions of appropriate public policy. Prerequisites: ECO 201 or 204; ECO 202 or 203.

Credits
3(3-0)

Prerequisites

ECO 201 or ECO 204; ECO 202 or ECO 203

Corequisites

None.

ECO 310 American Economic Development

Realistic interpretation, with emphasis on economic change and its significance in social, cultural, and political evolution. Recommended: ECO 201 or ECO 202 or ECO 203.

Credits
3(3-0)

Prerequisites

None.

Corequisites

None.

ECO 315 Economics of Immigration

The economics of immigration: U.S. immigrant characteristics, impact of immigration on the U.S. economy, and public policies towards immigration. Prerequisite: ECO 202 or 203.

Credits
3(3-0)

Prerequisites

ECO 202 or ECO 203

Corequisites

None.

ECO 350 Law and Economics

Theory and application of analytical tools of law and of economics in an integrative approach to both subjects. Identical to BLR 350. Credit may not be earned in more than one of these courses. Prerequisites: BLR 202 or BLR 235, ECO 202 or ECO 203.

Credits
3(3-0)

Prerequisites

BLR 202 or BLR 235, ECO 202 or ECO 203

Corequisites

None.

Cross Listed Courses

BLR 350

ECO 360 Public Economics

Appropriate and actual roles of government in market economies, and how government influences the use of resources and distribution of income. Prerequisites: ECO 202 or ECO 203.

Credits
3(3-0)

Prerequisites

ECO 202 or ECO 203

Corequisites

None.

ECO 365 Intermediate Microeconomic Theory

An intensive treatment of the theories of supply and demand, consumer and producer behavior, market structure, and other micro theories and issues. Prerequisite: ECO 202 or 203.

Credits
3(3-0)

Prerequisites

ECO 202 or ECO 203

Corequisites

None.

ECO 370 Intermediate Macroeconomic Theory

National income accounting; income, employment, interest rate and inflation theory and policy; theory and problems of economic growth. Prerequisites: ECO 201 or 204; ECO 202 or 203.

Credits
3(3-0)

Prerequisites

ECO 201 or ECO 204; ECO 202 or ECO 203

Corequisites

None.

ECO 372 International Economics

International trade theory and practices, exchange rates and balance of payments, and international monetary arrangements. Prerequisites: ECO 201 or 204; ECO 202 or 203.

Credits
3(3-0)

Prerequisites

ECO 201 or ECO 204; ECO 202 or ECO 204

Corequisites

None.

ECO 375 Economics of Cities and Regions

Elementary theories of regional economic analysis used in solving specific problems such as pollution, housing, segregation, and conservation. Emphasizes urban regions. Prerequisites: ECO 201 or ECO 202 or ECO 203.

Credits
3(3-0)

Prerequisites

ECO 201 or ECO 202 or ECO 203

Corequisites

None.

ECO 397 Special Studies in Economics

Experimental courses to cover topics of special interest not covered by courses in the regular curriculum. Prerequisite: Varies with topic and instructor.

Credits
1-6(Spec)

Prerequisites

Varies with topic and instructor

Corequisites

None.

ECO 410 Government and Business

Relations of industry, especially corporations, to government, antitrust laws and their enforcement; public policy toward business; problems of unfair competition; patents and trademarks. Prerequisites: ECO 202 or 203.

Credits
3(3-0)

Prerequisites

ECO 202 or ECO 203

Corequisites

None.

ECO 414 Labor Economics

Labor market operations and wage determination; human capital investment; labor market discrimination; wage differentials; impact of unionization on wages; collective bargaining. Prerequisite: ECO 202 or 203.

Credits
3(3-0)

Prerequisites

ECO 202 or ECO 203

Corequisites

None.

ECO 425 The Economics of Industrial Organization

Concepts, theories, and evidence which relate industry structure to behavior and performance of firms. Provides a basis for evaluating public policy. Prerequisites: ECO 202 or ECO 203. Recommended: ECO 201 or ECO 204.

Credits
3(3-0)

Prerequisites

ECO 202 or ECO 203

Corequisites

None.

ECO 440 Managerial Economics

Application of microeconomic theory to a variety of management decisions such as internal resource allocation, pricing, market entry and the boundaries of the firm. Prerequisite: ECO 202 or ECO 203.

Credits
3(3-0)

Prerequisites

ECO 202 or ECO 203

Corequisites

None.

ECO 490 Economics Internship

Provides a bridge between academic training and work experience. Allows application of principles of economics to a job and job experiences to classes. CR/NC only. Prerequisites: 56 semester hours completed; signed economics major or minor; 12 credit hours of economics (ECO 201 or ECO 204, ECO 202 or ECO 203 and at least one course 300 level or above); overall GPA of 2.75 or higher; prior approval of departmental supervisor.

Credits
1-3(Spec)

Prerequisites

56 semester hours completed; signed economics major or minor; 12 credit hours of economics (ECO 201 or ECO 204, ECO 202 or ECO 203 and at least one course 300 level or above); overall GPA of 2.75 or higher; prior approval of departmental supervisor.

Corequisites

None.

ECO 503 Seminar in Urban Economics

Economic aspects of urban regions; their growth; household location; pollution; poverty. Solutions-oriented discussion of urban problems. Complements ECO 504. Recommended: ECO 375.

Credits
3(3-0)

Prerequisites

None.

Corequisites

None.

ECO 508 Monetary Theory

Further development of theories of money supply, money demand, the options of monetary policy, and the effects of monetary policy on the economy. Prerequisite: ECO 306 or 370; or graduate standing in Economics.

Credits
3(3-0)

Prerequisites

ECO 306 or ECO 370; or graduate standing in Economics

Corequisites

None.

ECO 526 Research in Economic History Post 1870

In-depth examination of specific topics in early- to mid-20th century economic history and instruction in how to conduct and read scholarly research in economics. Prerequisite: ECO 365, 370, MTH 132, STA 282, or graduate standing in economics.

Credits
3(3-0)

Prerequisites

ECO 365, ECO 370, MTH 132, STA 282, or graduate standing in economics

Corequisites

None.

ECO 532 Economic Forecasting

Nature and causes of economic fluctuations. Methods of predicting price levels and economic activity. Prerequisites: ECO 201 or ECO 204; ECO 202 or ECO 203.

Credits
3(3-0)

Prerequisites

ECO 201 or ECO 204; ECO 202 or ECO 203

Corequisites

None.

ECO 572 International Monetary Economics

International monetary and financial markets are studied. Topics include exchange rate policy, international Capital Flow and purchasing power parity theory. Prerequisites: ECO 372.

Credits
3(3-0)

Prerequisites

ECO 372

Corequisites

None.

ECO 585 Econometrics

Thorough treatment of statistical estimation methods and their properties for simultaneous equation systems. Also includes discussions of types of systems, solution methods and identification. Prerequisites: STA 580 and MTH 132; or graduate standing in Economics.

Credits
3(3-0)

Prerequisites

STA 580 and MTH 132; or graduate standing in Economics

Corequisites

None.

ECO 586 Econometric Applications

Economic applications and empirical implementation and interpretation of econometric techniques. Extensive computer applications. Prerequisites: BUS 300 or STA 382; or graduate standing in Economics.

Credits
3(3-0)

Prerequisites

BUS 300 or STA 382; or graduate standing in Economics

Corequisites

None.

ECO 590 Seminar Readings

This course allows for independent, in-depth explorations of economics topics. Prerequisite: Permission of instructor. Recommended: 12 hours of ECO courses with B average or graduate standing in Economics.

Credits
1-3(Spec)

Prerequisites

Permission of instructor

Corequisites

None.

ECO 591 Seminar Research Studies

Independent study on special problems for majors and minors in economics and graduate students in economics. Prerequisite: Permission of instructor. Recommended: Nine hours of 300- to 500-level ECO courses or graduate standing in Economics.

Credits
1-3(Spec)

Prerequisites

Permission of instructor

Corequisites

None.

ECO 597 Special Studies in Economics

Experimental courses to cover material of special interest to both undergraduates and graduates not covered by courses in the regular curriculum. Prerequisite: permission of instructor.

Credits
1-3(Spec)

Prerequisites

Permission of instructor

Corequisites

None.