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ECON Economics( Behavioral and Social Sciences) ECON200 Principles of Micro-Economics; (4 credits) Grade Method: REG/P-F/AUD. CORE Behavioral and Social Science (SB) Course.Prerequisite: MATH110 or placement in MATH113/MATH115/MATH111. It is recommended that students complete ECON200 before taking ECON201. Introduces economic models of the behavior of individual consumers and business firms, problems of international trade, the distribution of income, policies for eliminating poverty and discrimination, the problems of environmental pollution, and the impact of different market structures upon economic activity. ECON201 Principles of Macro-Economics; (4 credits) Grade Method: REG/P-F/AUD. CORE Behavioral and Social Science (SB) Course. Prerequisite: MATH110 or placement in MATH113/MATH115/MATH111. It is recommended that students complete ECON200 before taking ECON201. Credit will be granted for only one of the following: ECON201 or ECON205. An introduction to the problems of unemployment, inflation, and economic growth. Emphasis on roles of monetary and fiscal policy in the conduct of macroeconomic policy. ECON305 Intermediate Macroeconomic Theory and Policy; (3 credits) Grade Method: REG/P-F/AUD. Prerequisites: ECON200, ECON201, and (MATH220 or MATH140). Credit will be granted for only one of the following: ECON305 or ECON325. Analysis of the determination of national income, employment, and price levels. Discussion of consumption, investment, inflation, and government fiscal and monetary policy. ECON306 Intermediate Microeconomic Theory; (3 credits) Grade Method: REG/P-F/AUD. Prerequisites: ECON200, ECON201, and (MATH220 or MATH140). Credit will be granted for only one of the following: ECON306 or ECON326. Analysis of the theories of consumer behavior and of the firm, market systems, distribution theory and the role of externalities. ECON315 Economic Development of Underdeveloped Areas; (3 credits) Grade Method: REG/P-F/AUD. Prerequisites: (ECON200 and ECON201) or ECON205. Credit will be granted for only one of the following: ECON315 or ECON416. Analysis of the economic and social characteristics of underdeveloped areas. Recent theories of economic development, obstacles to development, policies and planning for development. ECON330 Money and Banking; (3 credits) Grade Method: REG/P-F/AUD. Prerequisite: ECON200 and ECON201. The structure of financial institutions and their role in the provision of money and near money. Analysis of the Federal Reserve System, the techniques of central banks, and the control of supply of financial assets in stabilization policy. Relationship of money and credit to economic activity and the price level. ECON340 International Economics; (3 credits) Grade Method: REG/P-F/AUD. Prerequisite: ECON200 and ECON201. Credit will be granted for only one of the following: ECON340 or ECON441. Covers economic models of international transactions, exchange rates, and balance of payments. Analysis of policies of protection, devaluation, and exchange rate stabilization and their consequences. ECON460 Industrial Organization; (3 credits) Grade Method: REG/P-F/AUD. Prerequisite: ECON326 with a grade of 'C' (2.0) or better (or ECON306 by permission of department). For ECON majors only. Changing structure of the American economy; price policies in different industrial classifications of monopoly and competition in relation to problems of public policy. ECON698 Selected Topics in Economics; (3 credits) Grade Method: REG/AUD. ECON899 (PermReq) Doctoral Dissertation Research; (1-8 credits) Grade Method: REG/S-F. Individual Instruction course: contact department or instructor to obtain section number.
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