Economics

  • 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: MET EC 101; or equivalent.
    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.
    • Social Inquiry II
    • Critical Thinking
  • 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.
    • 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.
    • Quantitative Reasoning I
  • MET EC 341: Monetary and Banking Institutions
    Undergraduate Prerequisites: MET EC 202.
    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.
    • Social Inquiry I
    • Critical Thinking
  • MET EC 391: International Economics I
    Undergraduate Prerequisites: MET EC 201.
    The pure theory of international trade. Comparative advantage, gains from trade, and tariff and nontariff barriers to trade. Case studies in international economic policy.