Description: Major objectives and features of the American economy, including operations of a market economy, structure and function of business, money and banking,government and business relations. For non-majors only. Meets Gen Ed 2002 -Social Science, Social Science. Meets the 1983 General Education Requirement(GER) - Social Science, Survey Course.
Prequisites: Not open to Economics majors; may not be taken after ECON101 and/or ECON102
Description: A study of the American economy, analytically and institutionally; the achievement of an optimal allocation of resources, price stability, full employment level of national income and long term growth. Meets Gen Ed 2002 -Social Science, Social Science. Meets the 1983 General Education Requirement(GER) - Social Science, Survey Course.
Description: Organization and operation of the American economy for the production and distribution of goods and services. Pricing of products and factors of production in market situations varying from competition to monopoly. Resource allocation, price determination and behavior of the firm in the determination of quantity of output and the hiring of factors of production. Meets Gen Ed 2002 - Social Science, Social Science. Meets the 1983 General Education Requirement (GER) - Social Science, Survey Course.
Description: Basic elements of economic statistics including frequency distribution,sampling, index numbers, statistical inference, regression and correlation techniques.
Prequisites: ECON101, and 102, and MATH113, and 114
Description: An introduction to the economics of the real estate business, including the general practices and the language of real estate. Providing a basic knowledge of the real estate business the course covers such topics as the physical, legal, locational and other characteristics of real estate. The course emphasizes the market evaluation and financing of real estate, the nature of real estate markets and the regional and local factors that may influence real estate values. Ethical issues are emphasized throughout the course.
Prequisites: ECON101 and ECON102 and MKTG240
Description: The development of collective bargaining in the United States and an analysis of the factors that account for present practices. The impact of collective bargaining on contemporary American life. Work in field.
Prequisites: ECON101 and 102
Description: The application of economic theory in the decision-making processes of the firm; utilization of economic analysis in the study of demand, costs, pricing and capital investment decisions.
Prequisites: ECON203 or ECON101 and ECON102 and INFO270 or ECON101 and ECON102 andINFO271
Description: The basic determinants of market demand. Input-output relationships in determining cost structure. Determination of prices received by resource owners in the productive process. Theory of the firm and pricing in different types of market organization with varying degrees of competitive conditions.
Prequisites: ECON101 and 102
Description: The factors comprising aggregate demand and how they interact to determine the level of employment, output and the price level; the role of monetary and fiscal policy.
Prequisites: ECON101 and 102
Description: Course will analyze the sources of growth of collective bargaining in the public sector; examine processes utilized by the parties and evaluate the impact of collective bargaining.
Prequisites: ECON101 and 102
Description: Evolution of economic institutions with emphasis on development of domestic and foreign markets, technological changes and industrial growth. Analysis and interpretation of cyclical changes. Cross listed with History, HIST 213.
Description: The extent, causes and consequences of poverty, inequality and insecurity. An appraisal of reforms, social insurance, medical care, public housing, rural development. The economics of discrimination and educational opportunity. Meets the 1983 General Education Requirement (GER) - Social Science, Topic Course. Meets the Human and Intercultural Relations Requirement (HIRR). Meets the World Languages and Cultures Requirement - World Cultures.
Description: This course applies economic analysis to the professional sports industry under alternative institutional structures. The course addresses the structure and conduct of various sports markets in terms of the relationship between economic theory and evolving public policy alternatives.
Prequisites: ECON101 and ECON102
Description: The economic life and development of Europe from the Middle Ages to the present, emphasizing the period from about 1750; economic causes that underlie the dislocations and perplexities of the 19th and 20th centuries. Crosslisted with History, HIST 222.
Description: This course applies economic analysis to various aspects of the fine and performing arts field. It includes an examination of theater economics,museum economics, and cinema economics, based on micro economic theory of decisions as it applies to for-profit and non-profit institutions.
Prequisites: ECON101 and ECON102
Description: An in-depth study of a particular theoretical or applied area of economics. May be repeated twice for a maximum of 9. 0 credits as long as the topic is different.
Description: Distribution, flow and consumption of mineral resources. Political, economic and social implications of the geography of resources. Basic studies in industrial location, agricultural land use, problems of economic development and population-resource ratios. Examines world trend in production controls and market allocations. Cross listed with Earth and Environmental Studies,EUGS300.
Prequisites: ECON101 or EUGS101 or EUGS102
Description: An analysis of the economic role of money and credit in our economy with primary emphasis on federal reserve and treasury operations.
Prequisites: ECON101 and 102
Description: This comprehensive course maintains a reasonable balance between the disciplines of economics and finance. It includes micro and macroeconomics as well as selected topics in finance. Economics underlines how market and non-market institutions can best allocate relatively scarce resources to promote individual and social welfare. Among other topics, students learn how one can measure in a precise way the responsiveness of the quantities bought and sold to changes in prices and other influences on buyers and sellers. They also explore how market economies operate by first working through the perfectly competitive model then turning to noncompetitive market structures. The finance portion of the course provides students with a basic professional background in both corporate finance and investment. They are exposed to the fundamentals of discounted cash flows valuations after they have been introduced to the time value of money in the most general sense. They also learn how to value major sources of financing for corporations such as bonds and stocks. This leads them to consider the most important techniques used bya firm to analyze possible investments to decide which ones are worth undertaking.
Prequisites: For Business minors only
Description: Problems of hastening the growth of countries with low incomes per person; the requisites for the economic development, the obstacles to such development,the strategy and tactics of development and aid for development. Meets the1983 General Education Requirement (GER) - Social Science, Non-Western Cultural Perspectives.
Prequisites: ECON207
Description: The economic organization of particular American industries. US policy toward competition, monopoly and bigness in business. Government control of public utilities, transportation, radio and television broadcasting.
Prequisites: ECON207 or 206
Description: By developing an understanding of the relevant market structures,institutional frameworks (e. g. , tax laws, social regulations, monetary policy,etc. ) and appropriate analytical tools, this course provides students with an operational knowledge of investing in commercial real estate. The analysis focuses on real world examples and emphasizes the use of computer-based programs.
Prequisites: ECON204
Description: The impact of governmental expenditures, taxes and debt operation on resource allocation, income distribution, economic stabilization and economic growth.
Prequisites: ECON207 or 206
Description: The underlying economic forces operating in the urban economy development of the urban economic unit, relationship of the urban economy to the regional and national economy, economic activity within the urban area and the public sector of the urban economy.
Prequisites: ECON207 or 206
Description: The determinants of wages in the organized and unorganized markets; a historical survey and analysis of the principal institutions and central processes in the labor and manpower areas; an examination of current issues in labor relations.
Prequisites: ECON207 or 206
Description: Fluctuations in economic activity which characterize modern industrial economies. Definitions, descriptions and statistical measurement of business cycles are presented along with theories describing the causes of the cycles. Practical application of forecasting techniques to predict the course of future economic and business activity.
Prequisites: ECON203, or INFO270, or INFO271 and ECON208
Description: Broadening and improving the command of modern economic theory by examining the outstanding contributors to economic thought over the past two centuries.
Prequisites: ECON101 and 102
Description: This course is structured to focus on the interactions of the physical world with economic, financial, commercial activities in a global perspective. Environment and economics serve as thematic threads to develop dynamic models that are representative of regional -- and increasingly -- global linkages. Cross listed with Earth and Environmental Studies, EUGS 320.
Prequisites: ECON101 and 102
Description: Independent study for juniors and seniors who have developed a special interest as a result of work in a course or who wish to develop their interest through their own guided reading. A member of the Economics Department guides the student in his research and reading. May be repeated five times for a maximum of 18.
Prequisites: ECON207 and ECON208
Description: The structure and operation of financial institutions, their role in the economy and in the money and capital markets. The techniques and objectives of monetary policy and its effect on financial institutions.
Prequisites: ECON208 or 301
Description: The how, why and consequences of the movement of goods, services and factors of production in international exchange and an examination of the financial arrangements used to facilitate trade.
Prequisites: ECON101 and 102
Description: The economic systems of planned and mixed economies with special emphasis on the Soviet Union, China, the United Kingdom, the Scandinavian countries and the United States. Meets the 1983 General Education Requirement (GER) -Social Science, Topic Course.
Prequisites: ECON101 and ECON102
Description: This course is a one semester introduction to the challenges and opportunities created by the increasing interdependence in the world economy. The emphasisis on empirical explorations of the implications of the core theories of international trade and finance for the US consumer, entrepreneur and policymaker. In addition, some of the current economic issues flowing from our global linkages are examined with a view to assessing the propriety of the fiscal and monetary response.
Prequisites: ECON402
Description: An examination of economic policies in Africa as they affect prospects for growth and development of the region. Students will engage in a variety of research projects that combine theory with analytical tools to derive policy-relevant findings. Meets the World Languages and Cultures Requirement- World Cultures.
Prequisites: ECON203 and 207
Description: The causes and effects of structure, size and concentration on competition and market prices.
Prequisites: ECON207 or 206
Description: This course applies economic analysis to basic dimensions of national security under alternative institutional structures. The course addresses political,economic, financial, and environmental issues, and includes and analysis of recent innovations in risk management as they apply to the economics of national security in a variety of policy settings.
Prequisites: ECON101 and ECON102
Description: This course is designed to use computer concepts in the context of economics and finance applications. Empirical and theoretical aspects of economics and finance are studied. Computer applications are covered in statistics and econometrics, cost-benefit analysis, decision-making, portfolio analysis,input-output economics, and the simulation of economic and financial models. Students apply programming concepts, as well as use existing software. Crosslisted with FINC 410.
Prequisites: ECON207 or 208 or FINC321
Description: This course links economic analysis of the technology and economics of natural resources to global warming. The focus is on the structure of domestic and international natural resource markets, how pricing is derived, and how utilization of natural resources is relate to patterns of global warming.
Prequisites: ECON101 and ECON102
Description: Formulation of economic theory in mathematical language. Application of mathematical methods to economic theory and to the derivation of theoretical conclusions.
Prequisites: ECON207 or ECON206 and 208
Description: Analysis of the role of human resources in the economic process.
Prequisites: ECON207 or 206
Description: An examination of the economic, technological, and environmental dimensions of energy policy choices. Emphasis is given to the linkages among various economic models, elementary principles of energy storage and conversion, and specific energy technologies as they apply to past and current energy policy alternatives.
Prequisites: ECON207 or 206
Description: An introduction to the techniques of applied economic (social science)research. Examination of the tools necessary for applied economic research and methods for dealing with certain problems inherent in economic data. The primary emphasis will be on the application of the techniques to economic data.
Prequisites: ECON101, and ECON102, and ECON203, or INFO270, or INFO271
Description: A seminar designed to integrate economic theory, quantitative tools, and institutional knowledge in a series of applied issues. Students are required to undertake a number of specific oral and written projects that describe their understanding of key elements within the discipline. This course serves as a capstone for Economics students. Meets the University Writing Requirement for BAEC, ECBE, ECOE and ECON majors.
Prequisites: ECON206 or ECON207; ECON208; INFO270; seniors only; ECON, ECBE, ECOEandBAECmajors only
Description: Define the scope and methodology of the honor project through the presentation of a thesis prospectus. This process will involve preparation of a review of the relevant research literature, specification of an appropriate research methodology, gathering and testing of preliminary data where appropriate, as well as submission of the thesis prospectus to the departmental honors committee.
Prequisites: Departmental approval
Description: Student will complete all appropriate quantitative and qualitative analysis of Seminar in Economics Honors I as well as prepare a summary and interpretation of their findings. Through discussion of findings, faculty and student will make suggestions for any additional analysis or revisions to be undertaken.
Prequisites: ECON439
Description: An interdisciplinary seminar focusing the techniques of economics and geography on a common theme, hopefully resulting in a synergistic conclusion. Cross listed with Urban and Geographic Studies, EUGS 461.
Prequisites: ECON101 or 102
Description: This course provides students with professional work experience before completing their concentration degree.
Prequisites: ECON305
Description: Open to students who wish to undertake reading and/or research in specialized areas of economics. May be repeated five times for a maximum of 18.
Prequisites: ECON207 and ECON208
Description: Financial statements and financial forecasting. Introduction to risk, return,and value. Introduction to working capital management, capital budgeting,optimum capital structure, and dividend policy.
Prequisites: INFO270 or INFO271; and ECON101; and ACCT201; and major within the Schoolof Business
Description: Analysis of various investment criteria, especially net present value and internal rate of return. Risk in capital budgeting, capital budgets and performance evaluation, stressing the distinction between accounting and financial criteria. Application of concepts and techniques to such issues as leasing, mergers and acquisitions.
Prequisites: FINC321; major within the School of Business
Description: A review of risk analysis and methods of valuing, fixed-income and equity instruments, the efficient frontier, portfolio theory, the capital asset pricing model and an introduction to option and futures market.
Prequisites: FINC321; major within the School of Business
Description: Introduction to multinational business finance. Foreign exchange markets and exchange rate forecasting. Balance of payment accounts, measures of surplus or deficit and their relevance to financial planning. International financial markets and international banking. Import and export financing. Positioning of funds.
Prequisites: FINC321; major within the School of Business
Description: An in-depth study focusing on a specific area in the theory, policy and contemporary practices in Finance.
Prequisites: FINC321
Description: This course is designed to use computer concepts in the context of economics and finance applications. Empirical and theoretical aspects of economics and finance are studied. Computer applications are covered in statistics and econometrics, cost-benefit analysis, decision-making, portfolio analysis,input-output economics, and the simulation of economic and financial models. Students apply programming concepts, as well as use existing software. Crosslisted with ECON 410.
Prequisites: ECON207 or 208 or FINC321
Description: Interaction of investment and financing decisions. Optimal capital structure and dividend policy: The Miller-Modigliani propositions. Calls and puts. Option valuation models. Valuation of risky debt and term structure of interest rates. Warrants and convertibles.
Prequisites: FINC322; major within the School of Business
Description: Detailed treatment of topics such as components of working capital; cash budgeting; short-term financial planning. Credit management; cash and inventory management; short-term lending and borrowing.
Prequisites: FINC321; major within the School of Business
Description: Covers mortgage financing, ownership forms, tax factors, inflation, leverage,risk/return, cash flow projection, holding period, and disposition strategy. Examines the rent or house-buying decision; land, apartment building, office building, and shopping center investments; and the current investment climate.
Prequisites: FINC321
Description: This course introduces students to derivative instruments including options,futures and swaps. Definitions, concepts, and strategies are explained. Valuation methods are presented. This course also discusses different hedging strategies.
Prequisites: FINC326; major within the School of Business
Description: Measurement and management of foreign exchange exposure. Exchange and country risk. The Foreign Investment Decision, multi-national capital budgeting, cost of capital and financial structure.
Prequisites: FINC327; major within the School of Business
Description: The seminar is the terminal course in the concentration. It has two principal objectives. It provides students with an integrated overview of the major subfields of the concentration - Investments, Corporate and International Finance and Financial Markets and Institutions. Second, students will choose a research topic in consultation with the instructor, make a classroom presentation, and write a formal paper on the topic. Meets the University Writing Requirement for BAFN majors.
Prequisites: FINC322, and 326, and 327; major within the School of Business
Description: Special fee. This course is aimed at synthesizing theory and practice. Students will be provided an opportunity to have an exposure to one or two off-campus on-job-trainings in various aspects of quantitative methods of one or more businesses.
Prequisites: FINC321
Description: The resource allocation and distribution of income implications of a market-oriented economy operating under various degrees of competition. Also analyzed are the determinants of consumer and market demand and the theoretical cost structure of firms.
Description: This course analyzes the structure and functioning of the monetary and financial system. The component parts and the system as a unit will be examined as they interrelate to affect the economy. Topics include commercial banking system, federal reserve system, financial markets, financial intermediaries, determination of the level and structure of interest rates,and contemporary problems, both theoretical and applied, in the area of monetary policy. This course is cross listed with FINC 502.
Prequisites: ECON501 and 505
Description: A survey of major economic problems of the Third World; examination of the economic structure of developing countries and of general theories of economic development; critical evaluation of various policy alternatives for their development; analysis of possible economic relationships between First and Second Worlds with the Third World.
Prequisites: ECON501
Description: This course develops contemporary macroeconomic theories to explain aggregate employment, national income and the levels of interest rates and prices. Along with developing various models the course examines current research and reviews the economy's recent macroeconomic performance.
Description: Computer-based applications of capital theory to the decision-making process of government. Analysis of alternative approaches to public sector project evaluation. Spreadsheet applications of project analysis in physical and human resource management areas covering water resources, public health, and education.
Prequisites: ECON501
Description: This course studies the location of economic activities, the growth of cities and the origins of some urban problems in a market economy. Also discussedare the problems of location and congestion due to agglomeration and non-market phenomena.
Description: This course is aimed at applied research using econometric techniques. This course will provide the necessary theoretical and practical aspects of econometrics. In addition, students will be required to complete a working paper as a demonstration of their ability to gather data, choose and apply an appropriate econometrics model and finally prepare their findings.
Prequisites: Departmental approval
Description: Discusses the economic theories and problems which confront business institutions when dealing in international financial markets. Analyzes the various market instruments and how a corporation may use them. Cross listed with FINC 533 and International Business INBS 533.
Prequisites: ECON501
Description: Insights into recent experiments incorporating economic education into the curriculum, K-12; restructuring of curriculum to promote economic understanding. Materials, written and audio-visual, designed for economic education. Guest lectures supplement the experience of the course instructor.
Prequisites: ECON501
Description: Antecedents of current economic theory; economics as a cumulative science; the works of the creative economists; the uses and limitations of economic theory.
Prequisites: ECON501
Description: Theories to account for variations in business activity; macroeconomic models and other forecasting approaches; economic fluctuations in the United States;proposals for reducing fluctuations; Harrod-Domar model and other modern theories of growth. Cross listed with Economics and Finance FINC 542.
Prequisites: Departmental permission
Description: Principles of international finance, monetary relations and trade. Discussion of contemporary international monetary and trade problems and policies. Discussion of the economic aspects of current American foreign policy.
Prequisites: ECON501 and 505
Description: The evolution of government influences on the functioning of the American economy. The causes and consequences of government regulation and control. The importance of economic analysis in the foundation of public policies.
Prequisites: ECON501
Description: Principal trends in the industrial and occupational distribution of labor;current developments in labor-management relations in both private and public sectors; market trends and institutional factors that determine employment,wage rates, fringe benefits and industrial peace.
Prequisites: ECON501
Description: This course will discuss the theory of productivity and technical change in the context of the declining performance of US manufacturing. It will focus attention on the nature of international competition and its effects on manufacturing productivity growth in the US Based on the analysis, at entative set of policy suggestions will be offered for restructuring the US manufacturing sector and strengthening its competitive base.
Prequisites: ECON501
Description: In conjunction with ECON 561, this course (ECON 560) is the initial course of a two course internship sequence. The purpose of ECON 560 is to integrate the student's educational experience with an off-campus, business or public sector, professional experience.
Prequisites: Departmental approval
Description: The post-internship treatise course provides the opportunity for the student to integrate their formal education and their internship experience in order to develop a treatise on a specific aspect and application of economic theory.
Prequisites: ECON560 with a minimum grade of B
Description: B. A students only. Study of the increasingly complex set of interrelationships among business,government and other interest groups in the public policy process. It explores the economic and legal environment, and the social and political factors which affect organizations. A series of current corporate and public policy problems are discussed in order to raise major issues, including ethical issues, involved in managing the corporation's relationships with its many publics.
Prequisites: Completion of the functional core, which consists of the following courses:ACCT501, MGMT505, MKTG501, FINC501, and INFO505 ; M
Description: Under faculty guidance and supervision, this tutorial course is open to students who wish to pursue individual study and research in a particular discipline. May be repeated five times for a maximum of 18.
Prequisites: Departmental Approval
Description: An in-depth study of a selected topic, issue, problem or trend in business economics. The specific subject matter is not offered as an existing regular course or deserves more time-emphasis than is possible in a regular course. When offered, topics and prerequisites are announced in the course schedule book. May be repeated five times for a maximum of 18. 0 credits as long as the topics is different.
Prequisites: ECON501 and 505
Description: Required of all candidates in the BA/MA Applied Economics Program. This seminar entails directed independent study in preparation for a three (3) hour written comprehensive examination.
Prequisites: Departmental approval
Description: Required of all Master of Arts degree in Social Science candidates concentrating in economics, this seminar entails directed independent study in preparation for a three hour written comprehensive examination.
Description: An introductory course in corporate financial management which provides students with an understanding of the fundamental concepts of modern finance from an analytical and quantitative perspective and serves as a foundation course for further work in finance. The course stresses: valuation; capital budgeting decisions; capital structure and dividend decisions.
Prequisites: ACCT501, and ECON501, and INFO501; major within the School of Business;MBA degree students only
Description: This course analyzes the structure and functioning of the monetary financial system of the United States. Topics include Commercial Banking System,Federal Reserve System, financial markets, financial intermediaries,determination of the level and structure of interest rates, and key issues in monetary policy in the United States. Cross-listed with Economics and Finance, ECON 502.
Prequisites: ECON501 and 505
Description: Discusses the economic theories and problems which confront business institutions when dealing in international financial markets. Analyzes the various market instruments and how a corporation may use them. Cross listed with ECON 533 and International Business, INBS 533.
Prequisites: ECON501
Description: Theories to account for variations in business activity; macroeconomic models and other forecasting approaches; economic fluctuations in the United States;proposals for reducing fluctuations; modern theories of economic growth. Cross listed with Economics and Finance, ECON 542.
Prequisites: Departmental permission
Description: Develops the analytical methods relevant to investment management. Techniques are presented for the evaluation of corporate equity, debt, and other securities. Portfolio theory is presented in the context of formulating and managing appropriate asset portfolios.
Prequisites: FINC501
Description: Analytically oriented introduction to the political, economic, operational and tax environment in which international business, particularly multinational corporations, functions. Stressing methods of analysis, which enable defensive strategies against risk, the course is comprised of five major units: Political and country risk; foreign exchange risk; long-run investments and financing; working capital management; and control performance evaluation and tax planning. Cross listed with International Business, INBS 552.
Prequisites: FINC501
Description: This course extends the array of financial instruments covered in the initial investment course to include modern hedging instruments such as futures,options and swaps. Included is a description, analysis, and use of these instruments by corporations, banks, and investors.
Prequisites: FINC551
Description: Focuses on the application of valuation, investment, financing and dividend decisions to case studies. It examines various practical problems in capital budgeting, the valuation of different kinds of debt and options, and financial planning and strategy.
Prequisites: FINC501
Description: This is an advanced course in finance which deals with the long-term financing decisions and strategies of the corporations. The theory of capital structure and costs of capital is presented. Emphasis is on integration of the investment and financing decisions of the firm.
Prequisites: FINC553
Description: This course examines the process by which mergers and acquisitions take place. The focus of the course is on the environment surrounding mergers and acquisitions, including motivations for M&A, how targets or buyers are found,M&A as a step in the strategic planning process, valuation of the target company, ethical issues in the M&A process, and implementation of the M&A.
Prequisites: FINC501
Description: Emphasizing the central theme of value creation and capital market efficiency that reappear throughout the course, students will analyze through a case-study method the way in which the subjects of financial analysis and forecasting, the cost of capital, capital budgeting, the management of shareholders equity and corporate debt, innovative financial instruments, and corporate restructurings (including mergers and buyouts) contribute to creating firm value.
Prequisites: FINC501
Description: Under faculty guidance and supervision, this tutorial course is open to students who wish to pursue individual study and research in a particular discipline.
Prequisites: Departmental approval
Description: Designed to describe and analyze the new developments in the field of finance- corporate, international, and financial markets and institutions - that have appeared over the last five years and the possible directions for the future. The content of the course is intended to be dynamic rather than static, as new financial instruments and institutions are introduced into this fast changing field.
Prequisites: FINC551 and FINC552, or FINC551 and FINC554, or FINC551 and 570, or FINC552 and FINC554, or FINC552 and FINC570, or FINC554 and FINC570
Description: An in-depth study of a selected topic, issue, problem or trend in finance. The specific subject matter is not offered as an existing regular course or deserves more time-emphasis than is possible in a regular course. When offered, topics and prerequisites are announced in the course schedule book. May be repeated once for a maximum of 6. 0 credits as long as the topic is different.
Prequisites: FINC501
Academic Support
Support Services
My Links