Economics
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MET EC 101: Introductory Microeconomic Analysis
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. Effective Fall 2020, this course fulfills a single unit in each of the following BU Hub areas: Ethical Reasoning, Social Inquiry I, Critical Thinking. -
MET EC 102: Introductory Macroeconomic Analysis
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. Effective Fall 2020, this course fulfills a single unit in each of the following BU Hub areas: Global Citizenship and Intercultural Literacy, Social Inquiry I. -
MET EC 201: Intermediate Microeconomic Analysis
Undergraduate Prerequisites: or equivalent. MA121 Calc 1 or equivalent highly recommended. - Determination of commodity and factor prices under differing market conditions of competition and monopoly. Effective Fall 2020, this course fulfills a single unit in each of the following BU Hub areas: Social Inquiry II, Critical Thinking.
Prerequisite: MET EC101 (MA121 Calc 1 or equivalent highly recommended) -
MET EC 202: Intermediate Macroeconomic Analysis
Undergraduate Prerequisites: MET EC 102 or Equivalent - Determination of aggregate income and employment. Analysis of fiscal and monetary policy. Inflation and income policy. Problems of the open economy. Effective Fall 2020, this course fulfills a single unit in each of the following BU Hub areas: Social Inquiry II, Critical Thinking. -
MET EC 203: Empirical Economics I
Statistical techniques are presented and applied to a variety of economics problems. Extensive use of the statistical software package STATA. Effective Fall 2020, this course fulfills a single unit in the following BU Hub area: Quantitative Reasoning I. -
MET EC 341: Monetary and Banking Institutions
Undergraduate Prerequisites: (METEC202) - Survey of commercial and central banking institutions. Examination of macro relations between financial organizations and principal objectives of stabilization policy. Recent monetary policy. Effective Fall 2020, this course fulfills a single unit in each of the following BU Hub areas: Social Inquiry I, Critical Thinking. -
MET EC 391: International Economics I
Undergraduate Prerequisites: (METEC201) - The pure theory of international trade. Comparative advantage, gains from trade, and tariff and nontariff barriers to trade. Case studies in international economic policy.
