Economics Undergraduate Courses

One semester of a standard two-semester sequence for those considering further work in management or economics. Includes the economics of households, business firms, and markets; consumer behavior and the demand for commodities; production, costs, and the supply of commodities; price determination, competition, and monopoly; efficiency of resource allocation; market failures and governmental regulation; income distribution; and poverty.  [ 4 cr. ]

One semester of a standard two-semester sequence for those considering further work in management and economics. Includes national economic performance; problems of recession, unemployment, inflation, and trade and budget deficits; money creation, government spending, and taxation; economic policies for full employment and price stability; and international trade and payments.   [ 4 cr. ]

Determination of commodity and factor prices under differing market conditions of competition and monopoly.   [ 4 cr. ]

Determination of aggregate income and employment. Analysis of fiscal and monetary policy. Inflation and income policy. Problems of the open economy.  [ 4 cr. ]

Theoretical and empirical examination of the structural changes associated with the process of economic development: special reference to poor regions and countries, and rigerous analysis of criteria for policy judgements in development planning and programming.  [ 4 cr. ]

Discussion of selected makets determined by instructor. Introduction to antitrust and regulatory policy. 4 cr  [ 4 cr. ]

Survey of commercial and central banking institutions. Examination of macro relations between financial organizations and principal objectives of stabilization policy. Recent monetary policy.  [ 4 cr. ]

Application of current theories of labor supply and demand, wages, education and experience, immigration, labor efficiency, discrimination, and unemployment. Appraisal of the effects of government policies on labor markets.  [ 4 cr. ]

The pure theory of international trade. Comparative advantage, gains from trade, and tariff and nontariff barriers to trade. Case studies in international economic policy.   [ 4 cr. ]

This course covers the basic issues of international finance. Topics include the balance of payments, balance of payments adjustments, theories of exchange rate determination, and case studies in international economic policy. 4 (four) credits, Prereqs: EC202.  [ 4 cr. ]