ECO 120 (BUS 120) MACROECONOMICSCampus:
National economic policy; inflation and unemployment in the business cycle; output and income determination; government expenditures and receipts; fiscal policy and monetary policy; Federal Reserve System and the banking system; variations in stabilization policy; the impact of capital labor relations. 3 hours a week, 1 semester, 3 credits. Fall and spring.
ECO 127 COMPARATIVE ECONOMIC SYSTEMSCampus:
Study of the philosophic and ideological basis of economic systems, how they solve various economic problems and the current state of these systems. Attention will be focused on the variations in modern economic systems: capitalist, state capitalist, market socialist, socialist and traditional. Individual countries will be used as case studies for analysis of these various economic systems. 3 hours a week, 1 semester, 3 credits. Spring.
ECO 161 INTERNATIONAL ECONOMIC PROBLEMSCampus:
Survey of current problems covering international trade, international finance, the relations between technologically advanced and less-developed nations and various international institutions. Focus on current issues of international economic policy. 3 hours a week, 1 semester, 3 credits. Fall.
ECO 221 LABOR ECONOMICSCampus:
A study of the political economy of labor market demand and supply, the labor process and the philosophic foundations of various theories of labor. The course surveys the historical and current problems of labor organization and unions as well as the impact of race, gender and class on labor and income distribution. Prerequisite: ECO 120. 3 hours a week, 1 semester, 3 credits. Fall.
ECO 222 (BUS 222) STATISTICSCampus:
Collection and tabulation of statistical data. Sampling. Probability. Binomial distribution and the use of the normal curve. 3 hours a week, 1 semester, 3 credits. Fall and spring.
ECO 223 (BUS 223) MONEY AND BANKINGCampus:
The roles of money and credit, financial markets and institutions and central banking in the U.S. economy. The banking system and its relationship with the Federal Reserve System, as well as international banking issues and problems, will also be analyzed and explored. Prerequisite: ECO 120. 3 hours a week, 1 semester, 3 credits. Spring.
ECO 226 (BUS 226) MICROECONOMICSCampus:
Marginal analysis of demand and supply, the individual firm and market microstructure. Consumer behavior and producer behavior. Alternative models of price determination and profit maximization. The relation between input and output markets. Prerequisite: ECO 120. 3 hours a week, 1 semester 3 credits. Fall and spring.
ECO 278 ECONOMIC GEOGRAPHYCampus:
Geographic distribution of the economic activities of production, distribution and exchange of goods and services. Particular attention is given to the location of economic activity as a function of unequal factor endowment. 3 hours a week, 1 semester, 3 credits. Fall and spring.
ECO 328 HISTORY OF ECONOMIC THOUGHTCampus:
A survey of the development of economic theory; issues and problems of the classical economists; Marx’s critique of classical political economy; the roots of contemporary schools of thought. Selected primary readings are integrated into the course. Emphasis will be placed upon analysis of the relationship between value and price. Prerequisite: ECO 120. 3 hours a week, 1 semester, 3 credits, Fall.
ECO 359 INDEPENDENT STUDY IN ECONOMICSCampus:
An opportunity for students to do advanced work in a specialized area in economics. Students will work with an economics faculty member in studying and analyzing economic issues and topics of interest. Open to juniors and seniors with departmental approval. Prerequisites: ECO 120 and ECO 226. 3 hours a week, 1 semester, 3 credits.
ECO 370 SPECIAL TOPICS IN ECONOMICSCampus:
This course will include economic issues, developments or problems not covered in depth in the regular course offerings. It will enable students to take advantage of faculty expertise in diverse areas that are of interest to both faculty and students with departmental approval. 3 hours a week, 1 semester, 3 credits.
ECO 400 SEMINAR IN ECONOMICSCampus:
Seminar student selects jointly with instructor an economic topic to be researched; findings are reported in a formal paper; weekly meetings with instructor. Prerequisites: at least 12 credits in the social sciences and departmental approval. 1 semester, 3 credits. Spring.