2007-08 Course DescriptionsECON - Economics
Department of Management Sciences (COBA)
ECON 260 Principles of Macroeconomics (3-0-3), fall, spring. Supply and demand, the framework of the free enterprise system, national income accounting, unemployment and inflation, fiscal policy and public debt, monetary system and monetary policy, international trade, economic growth, and selected concepts of business ethics. Prerequisite: 24 earned hours.
ECON 261 Principles of Microeconomics (3-0-3), fall, spring. Economics of the firm and industry; supply and demand; revenue and costs; profits; consumer behavior; markets; the price system; the role of government; inequality; and comparative economic systems. Prerequisites: 24 earned hours.
ECON 438 International Poverty and Development (3-0-3), spring, even years. Global poverty and development, including challenges facing economically poor countries and individuals, material and non-material views of poverty, relief and development paradigms and organizations, and assessment and intervention tools used by development agencies. Prerequisite: junior standing.
ECON 463 Managerial Economics (3-0-3), on demand. Price determination in the free enterprise economy. Analysis of the price system in guiding and directing resources toward more efficient allocation under various market conditions. Practical applications of economic theory to contemporary and actual business problems. The case study method is emphasized. Prerequisites: ECON 260, 261, both with a grade of "C" or better. Same as FIN 463.
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