Course | Description |
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ECO 203 Principles of Contemporary Macroeconomic | The aggregate economic model will be developed and studied to better understand contemporary macroeconomic conditions. Comparative static modeling of unemployment, government spending, the deficit, price, growth and international trade will be covered in detail. The monetary system, along with banking, and role of government regulation will be developed in the aggregate economy as well. Finally, particular emphasis will be given to the role international transactions (trade and investment) play in shaping today’s global economic environment. This course fulfills the Social Science General Education requirement. |
ECO 204 Principles of Contemporary Microeconomic | While the macroeconomics course focuses on larger picture (economy at the global and national levels), the discipline of microeconomics examines individuals, organizations, and industrial sectors that make up the larger economy. Topics such as demand and supply, industry structure and competition, and consumer consumption behavior will be discussed. In addition to taxation and transfer payments, international commerce and behavior of multinational firms in the global economy will also be explored. This course fulfills the Social Science General Education requirement. |
ECO 309 Human Economics | This course will focus on broad, interdisciplinary applications of economics rather than the more business-oriented functions associated with traditional business offerings. It is designed as an elective for students in all programs of study. Topics will include interpersonal relationships (marriage, divorce and family); crime (crime and victims, victimless crimes, economics of crime, cheating and lying); government; college and university education; health and health care. This course fulfills the Social Science General Education requirement. |
ECO 320 Money and Banking | The role of money, financial institutions, monetary policy, and bank regulations will be studied, as will allocating and operating efficiency of financial markets. Microeconomic theory will be used to investigate the role and efficiency of financial markets. Macroeconomic theory presented in introductory economics will be extended to further study federal reserve policy to promote stable interest rates, a stable price level, favorable growth, and favorable trade balances. Emphasis will be placed on the interaction between monetary theory and the study of banking. |
ECO 340 Managerial Economics | This economics course for managers will cover applied microeconomic theory as it relates to the firm and its managerial decisions. Topics will include optimization techniques, general demand theory, forecasting, production theory, risk, firm strategy, capital budgeting, shareholder wealth maximization, and governmental regulations. Students will benefit from the quantitative management case study as a preparation for business environment. |
ECO 350 Comparative Economic Systems and Government | The course is intended for a diverse audience of students who desire a real world understanding of the economic systems of the world, and the role of these systems in the past and future of each country. The economic background and progress of several countries will be the subject of case study. These countries will include the United States, Japan, Germany, Austria, Poland, and Czech Republic |
ECO 352 Global Economic Environment | This course focuses on the economic principles underlying global trade and commerce, countries’ balance of payments, global monetary exchange mechanism, international investments, and global capital movement. The course is designed to provide students with a foundation for more advance concepts in global accounting and finance by introducing to them the general global economic conditions, factors, and drivers. |
ECO 360 Environmental Economics | Economics and environmental concerns have traditionally been opposing forces in competitive markets. Pure profit maximization has no concern for the environmental damage it causes, unless the damage has an adverse effect on profit. Environmental standards, and business firm compliance, have been a continual debate. Can a capitalist society have environmental controls that are acceptable to business firms and environmentalists? This course will discuss options and show how agricultural and environmental economics have provided a new world economic order, such that economic compliance of pollution taxes and environmental regulation can be profit maximizing, self motivating behavior. |