Academic Catalog

Economics (ECO)

ECO 200: Survey of Economics
A basic survey of economic principles involved in microeconomics and macroeconomics. this course is offered to non-business majors.
Credit Hours: 3
Contact Hours: 3
ECO 201: Prin of Economics I
The basic principles of microeconomics are examined and an overview of the American economy. Market structure, income distribution, general equilibrium, and welfare economics are considered.
Credit Hours: 3
Contact Hours: 3
ECO 202: Prin of Economics II
The basic principles of macroeconomics explore both the private and public sectors. National income determination, money and banking, economic growth, and international economics are considered.
Prerequisite: ECO 201
Credit Hours: 3
Contact Hours: 3
ECO 301: Microeconomics
Intensive study of economic analysis of consumption, output, price, and factor proportion problems and forms of decision making in different market structures.
Prerequisite: ACC 201, BUA 204 and ECO 201, all with grades of C or better
Credit Hours: 3
Contact Hours: 3
ECO 302: Macroeconomics
Static and dynamic theories of aggregate economics, the measurement of economic activity, determination of national income and growth, and the control of economic activity.
Prerequisite: ACC 201, BUA 204 and ECO 201, all with grades of C or better
Credit Hours: 3
Contact Hours: 3
ECO 311: Business Statistics I
Focus on measurement of central tendencies, probability concepts, sampling distribution, appreciation of statistical estimates, and hypothesis testing in uncertain situations.
Prerequisite: MAT 115 or higher; ACC 201, BUA 204 and ECO 201, all with grades of C or better
Credit Hours: 3
Contact Hours: 3
ECO 312: Business Statistics II
The study of regression and correlation analysis, time series analysis and forecasting, Chi-square, and analysis of variance.
Prerequisite: ECO 311
Credit Hours: 3
Contact Hours: 3
ECO 321: Quantitative Methods Dec Mak
Various quantitative models involving matrix algebra, calculus, and functions are studied. The use of linear programming in business decisions is emphasized.
Prerequisite: MAT 115 or higher and ECO 311 or BUA 320
Credit Hours: 3
Contact Hours: 3
ECO 329: International Economics
Description and analysis of the international economic relationships among the nations of the world with emphasis on the United States and international trade.
Prerequisite: ACC 201, BUA 204 and ECO 202, all with grades of C or better
Credit Hours: 3
Contact Hours: 3
ECO 411: Money and Banking
A study of monetary and banking systems in the United States. Highlighted are the roles of the Federal Reserve System and current monetary problems.
Prerequisite: ECO 202 and FIN 330
Credit Hours: 3
Contact Hours: 3
ECO 420: History Economic Thought
The evolution of economic ideas and concepts from ancient times to the present. A study is made of the major contributions of principal economic scholars.
Prerequisite: ACC 201, BUA 204 and ECO 202, all with grades of C or better
Credit Hours: 3
Contact Hours: 3
ECO 424: Labor Economics
A study of employment, labor markets, and the labor movement. Studied are theories of wage rate determinations, unemployment, human resource policy, worker’s compensation, and industrial disputes.
Prerequisite: ACC 201, BUA 204 and ECO 202, all with grades of C or better
Credit Hours: 3
Contact Hours: 3
ECO 425: Comparative Economic Sys
A study of the ideologies and functioning of capitalism, communism, and socialism, and how various economic principles and theories apply under these systems.
Prerequisite: ACC 201, BUA 204 and ECO 202, all with grades of C or better
Credit Hours: 3
Contact Hours: 3
ECO 470: Students Free Enterpr (SIFE)
Student outreach to the community; teaching them the principles of economics and free enterprise.
Prerequisite: junior or senior status and consent of chairperson
Credit Hours: 3
Contact Hours: 3
ECO 480: Economics Internship
Off campus on-the-job employment related to the discipline of economics.
Prerequisite: junior or senior classification and consent of chairperson
Credit Hours: 3
Contact Hours: 3
ECO 499: Independent Study
Research and in-depth study of a particular economic concept or problem under the direction of a faculty member.
Prerequisite: Senior classification and consent of chairperson
Credit Hours: 3
Contact Hours: 3