Basic concepts, institutional foundations, structure of the private and public sector, labor markets; major economic problems.

The study of supply and demand, pricing and cost concepts, firm and consumer decision-making, market structure, and government policies.

The study of gross domestic product, business cycles, economic growth, inflation, unemployment, and monetary and fiscal policy.

Introduction to economics principles for non-majors. Basics of supply and demand and government and monetary policy are covered in a non-technical manner. Not open to business or economics students. Credit not granted for both ECON 223 and ECON 221 or ECON 222.

The study of supply and demand, markets, household and firm decision-making, gross domestic product, inflation, unemployment, and government policies. Open to all students except business administration and economics majors.

The role of money in the market economy. Commercial banks, the Federal Reserve System, and monetary policy. Cannot be used to satisfy major requirements.

Survey of international economic issues and institutions, including trade and protectionism, global and regional trade agreements, trade balances and exchange rates, Japan, NAFTA, and the European Union.

Graduation with Leadership Distinction: GLD: Global Learning

The nature and causes of major economic problems facing the nation and its communities, and policy alternatives designed to solve them. The philosophy and methodology of economics in social problem solving.

Analysis of the economic behavior of households and firms. Production, consumption, price determination, and the degree of competition in markets.

Analysis of the national economy as a whole. Money, output, employment, inflation, and international economic linkages.

Growth and development of the American economy; applications of economic theory to economic history.

An introduction to the various types and sources of data used by economists and how to interpret such data to answer economic questions and support economic theory. Includes the uses of survey data, cross-sectional, time series, and panel data.

The procurement and management of wealth by privately owned profit-seeking enterprises.

A study of the functions and operations of financial institutions and their relationships to the commercial banking system and the general economy. Attention is devoted to savings institutions, insurance companies, rural and urban real estate credit, consumer credit, and associated topics.

An analysis of public policy toward business in the United States. Emphasis is on the desirability of various policies in light of their consequences for the general welfare.

Contract approved by instructor, advisor, and undergraduate division head is required.

Graduation with Leadership Distinction: GLD: Research

A study of monetary standards, monetary theory, monetary policy, and the mechanism of international payments. Attention is devoted to questions of monetary problems, employment, and fiscal policy.

A study of labor market institutions, trends in labor market activity, and the effects of government policy on the labor market. (Not open to majors in economics.)

A survey of economics from the ancient philosophers to the present; with emphasis on the mercantilist, physiocratic, classical, Marxian, Austrian, neo-classical, and institutional schools of economics.

A study of the structure of selected American industries, of the development and concentration of economic power in the American economy, and of public policy toward industry.

Analysis of business cycles and applications of forecasting techniques to project and interpret economic trends.

Decision making with respect to capital goods, with emphasis on such decision making in governmental activities and public utilities. Intended primarily for engineering students, the course emphasizes the types of investment decisions that engineers are often called upon to make.

The use of statistical techniques to analyze economic relationships. The emphasis is on the application of linear regression to real-world economic data.

Examines the foundations of capitalism and why it has prevailed over alternative systems. Topics include the justification of private property, distribution of wealth, profit motive, source of wealth creation, and others.

Supervised work experience of at least nine hours per week, to include one class meeting a month and individual consultation. Contract approval by instructor, advisor, and department chair is required. Cannot be used to satisfy major requirement.

Graduation with Leadership Distinction: GLD: Professional and Civic Engagement Internships

An analysis of economic forces affecting urbanization and the economic processes influencing urban form and structure. Spatial concepts are considered in addition to traditional micro-economic and macro-economic concepts. Topic coverage includes: the economic origin of cities; urban functions and the urban economic base, land-use structure and urban form, and urban efficiency.

Theory of international specialization, commercial policy, customs unions, and the effects of trade liberalization and protectionism; economic growth and multinational enterprises.

Graduation with Leadership Distinction: GLD: Global Learning

Exchange rate and balance of payments determination; purchasing-power parity; optimum currency areas, absorption, elasticity, monetary approaches, spot- and forward-exchange markets.

Graduation with Leadership Distinction: GLD: Global Learning

Economic theories of growth in developing countries. Use of factor resources; role of social and economic institutions; use of financial trade policies for growth.

Graduation with Leadership Distinction: GLD: Global Learning

Economics of labor demand, labor supply, wage determination in competitive markets, migration, discrimination, unemployment, and labor unions. Theoretical models and empirical knowledge will be considered.

An analysis of the organization and operation of the world’s major economic systems.

Graduation with Leadership Distinction: GLD: Global Learning

Economic analysis and interpretation of the law. The economic effect of current law and optimal design of law to meet social objectives.

Exploration of the basic theory and practice of sustainable economic development. Topics include: environmental legislation, global agreements, sustainable development indicators, and economic strategies and methods to promote environmentally sound development.

Graduation with Leadership Distinction: GLD: Community Service

Exploration of the basic theory and techniques of experimental economics. Topics include: basic game theory, experimental design, and elements of behavioral economic thought.

Philosophy and methodology of economics, perspectives on theory and empiricism, economic policy; individualized guided research.

Focuses on the following aspects of terrorism: (1) its causes/determinants (historical, social, cultural, economic, political, and religious determinants); (2) the organizational and funding structure of terrorist groups; (3) the tactics and weapons of terrorist groups; (4) mobilization and recruitment within terror networks; and (5) counterterrorism methods. Restricted to: Business Majors and Economics Arts and Sciences Majors.

This course uses the tools of microeconomics and game theory to examine how firms compete and competition’s impact on industry performance. Topics include: price discrimination, product differentiation, and oligopoly behavior.

This course covers fundamental models of collective decision making, studies their empirical relevance, and considers interactions between the economy and politics.

This seminar course is designed to introduce students who have been accepted into the Econ Scholars program to economics research and real-world problem solving.

This seminar course continues the work from Econ Scholars I and is reserved for students who have been accepted into the Econ Scholars program. Students will be placed in teams and partnered with local businesses, government agencies, or economics faculty members to work on real-world projects and academic research.

Mathematical formulation of economic theories; the use of mathematics in the development and demonstration of economic relationships.

A course designed to acquaint the student with the principles of operation of the American economic system. A survey course for social studies teachers in secondary schools.

A study of the application of the economic theory of profits, competition, demand, and costs to analysis of problems arising in the firm and in decision making. Price policies, forecasting, and investment decisions are among the topics considered.

Investment in human capital; the economic value of schooling; internal efficiency of schools; faculty compensation; equity and efficiency of school finance systems; financing higher education.

Applications of economic analysis to health care. Structure and behavior of health-care markets. Description of health care policy issues.

Applications of economic analysis to early childhood. Topics may include research and policy related to families, pregnancy, birth, and early childhood.

An analysis of the economics aspects of environmental decay, pollution control, and natural resource use. Analysis of the ability of the market system to allocate resources efficiently when economic activity is accompanied by environmental damage. Discussion of alternative public policy approaches to pollution control and natural resource conservation.

Game theory as used to understand decision making in business, economics, politics and other real-world environments. Topics covered include: basic terminology; strategic, extensive, and combinatorial models; and equilibrium strategy.

Theory and practice of taxation: public revenue, expenditure, and debt.

Individual topics to be announced with title.

Advanced econometric methods including quasi-experimental methods, applications of machine learning to causal inference and economic forecasting, and related topics.

Neo-classical value and distribution theory combined with income and employment theory.

Calculus and classical optimization methods applied to problems in business and economic analysis; matrices, derivatives, and integrals in the analysis of both univariate and multivariate business and economic models.

Statistics and probability theory applied to problems of business and economic analysis.

Probability and statistics necessary for graduate study in economics and business administration; estimation, hypothesis testing, regression, analysis of variance, and nonparametric methods.

A study of decision models useful in business administration. Topics covered include linear programming, sensitivity analysis and duality, network models, integer programming, determinate and stochastic dynamic programming, inventory, and queues.