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    Course Descriptions 


    ECN 201L Economics for Managers  

    4 credits
    A study of microeconomics and its relevance to managerial decisions in for-profit and not-for-profit enterprises. Topics covered include--demand and supply analysis, production and cost analysis, market structure and firm behavior, profit analysis, pricing practices, economic analysis of capital projects, and legal and regulatory environment of business.


    ECN 205L Principles of Economics  

    4 credits
    A basic study of both branches of economics: microeconomics which studies the decision making behavior of individuals, firms, and other economic units; and macroeconomics which studies inflation, unemployment, economic growth, money supply, national income, and government economic policies. Not open to students with credit in ECN 101.


    ECN 207 Principles of Microeconomics  

    3 credits
    A basic study of the decision making behavior of individuals, households, firms, industries, and other economic units regarding resource allocation. Students will explore how markets function to coordinate the economic activities of different economic units. Topics include scarcity, opportunity cost, demand and supply, consumption, production, market structures, and profit maximization.


    ECN 208 Principles of Macroeconomics  

    3 credits
    A basic study of the overall economy including inflation, unemployment, economic growth, money supply, national income, and government economic policies. It emphasizes the important measures used to determine an economy‘s performance and explores the potential impacts of macroeconomic policy.


    ECN 260 Financial Institutions and Markets  

    3 credits
    A study of the structure, regulation and management of financial markets and institutions. It adopts a historical and evolutionary perspective to emphasize how innovation, globalization, regulation and technology affect the financial environment. It covers monetary policy and the role of financial institutions and markets in the global economy. Prerequisite: ECN 205 or ECN 207-208. Not open to students with credit for ECN 360.

     
    ECN 332 Intermediate Macro Economics  

    3 credits
    A study of the concepts of economic aggregates and modern employment theory; the determinants and statistical measurement of national income, consumption, investment, saving and economic growth; the impact of fiscal policy and governmental actions. Prerequisite: ECN 205 or ECN 207-208. Not open to students with credit for ECN 220.


    ECN 325 Intermediate Micro Economics  

    3 credits
    A study of the roles of the price system as a mechanism for resource allocation and as a guide for price and output determination. It provides the tools for cost-benefit analysis vital to decision making in organizations. Prerequisite: ECN 205 or ECN 207-208. Not open to students with credit for ECN 225.

     
    ECN 330 Money, Credit, and Banking  

    3 credits
    A study of the role of money and credit in economic activities, the functions of the Federal Reserve System and its monetary policy instruments used to influence employment, output and prices. This course will enable the students to become critical observers of the financial and monetary environments of the United States economy and its interaction with the world economy. Prerequisite: ECN 205 or ECN 207-208. Not open to students with credit for ECN 220.


    ECN 340 International Economics  

    3 credits
    Analysis of the principles and practices of foreign trade, mechanisms of international finance and balance of payments, survey of commercial treaties, world trade institutions and the forces of globalization. Prerequisite: ECN 205 or ECN 207-208. Not open to students with credit for ECN 240.


    ECN 351 Comparative Economic Systems  

    3 credits
    Examines the differences and similarities between various economic systems. Covers the economies of different countries in Europe, Asia, Africa, and the Americas. It also studies the problems of transition of socialist systems to market-based economies. Prerequisite: ECN 205 or ECN 207-208. Not open to students with credit for ECN 251.


    ECN 355 Public Finance  

    3 credits
    Economic analysis of public debt, expenditures and revenues. Examines the role of government, with particular attention to public goods theory, project evaluation using cost-benefit analysis, and taxation. Covers the economic basis of government programs such as social security and food stamps. Some sections may include a service-learning component. Prerequisite: ECN 205 or ECN 207-208. Not open to students with credit for ECN 255.


    ECN 379A CORE: Social and Economic Justice  

    3 credits
    This course is an empirical, critical, reflective study of social and economic justice pertaining to the problems of income inequality, inequitable distribution of income, denial of property rights, resource allocation, and the determination of "just price/just wage." It is a reflection on poverty, its dynamics and remedies, and the just demands of the poor. Prerequisite CORE 179 or appropriate transfer status; ENG 102 or ENG 111. This course fulfills the diversity, global, and multicultural requirement.


    ECN 420 Development of Economic Theories  

    3 credits
    A systematic study of the development of economic theories from the beginning of the classical tradition through Marxian socialism of the twentieth century with principal attention on modern developments including Supply Side economics. Economic majors will be required to write a thesis paper. Prerequisite: ECN 322 or 325. Not open to students with credit for ECN 320.

     
    ECN 479 CORE: Economic Analysis  

    3 credits
    This senior seminar examines truth by applying economic analysis to current issues and problems. It explores and develops perspectives on prevailing economic questions by collecting, analyzing, and interpreting economic data and information. The capstone continues the discussion in the previous course seminars through critical evaluation of economic relations within a global community. Prerequisites: Completion of junior core seminar and ECN 322 or 325.


    ECN 1/2/3/485 Special Topics  

    1-3 credits
    Study of a timely topic in economics.


    ECN 2/3/486 Independent Study  

    1-3 credits
    Intensive individual work. Includes Honors Program research. Prerequisites: Consent of instructor, academic advisor, division chairperson.