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Catalog 2015-2016
Table of Contents

Economics (BECN)

ECON 2103   Macroeconomics
An introduction to the nature and theory of Economics and the theoretical tools of macroeconomics. The course includes the introduction of supply and demand, examination of national income accounting, the role of government to include fiscal and monetary policy, the American banking system, and international trade. Class 3. (Fall)

ECON 2203   Microeconomics
A study of microeconomic theory beginning with demand and supply theory and continuing with examination of the costs of production, price and output determination under pure competition, monopoly, oligopoly, and monopolistic competition. Class 3. (Spring)

ECON 3103   Money And Banking
A study of the fundamental theories of money, banking, and investment. Included are the examination of the economic role of the banking system and financial institutions, the Federal Reserve System and monetary policy, and instruments of international finance. Class 3. Prerequisite: BECN 2103. (Fall, Even years)

ECON 3203   Intermediate Price Theory And Resource Allocation
This course presents a general theory of prices and markets and provides for an investigation of the behavior of individual consumers and producers; the market for a single commodity; the interrelations between various markets in a system where all prices are determined simultaneously; and "what ought to be" as covered in welfare economics. Class 3. Prerequisites: BECN 2203 and MATH 1503. (Fall, Odd years)

ECON 3303   Theory Of Income And Employment
This course provides a study of aggregate growth and equilibrium models with respect to both real and monetary aspects of national income accounting and is designed to present a treatment of advanced macroeconomic measurement, theory, and policy. Class 3. Prerequisites: BECN 2103 and MATH 1503. (Spring, Odd years)

ECON 4303   International Economics
This course provides an experience-based approach to international economics issues, including trade theory, trade policy, balance-of-payments accounts, foreign exchange, international financial markets, and international economic policy. (Offered by international study program participation only) Class 3.

ECON 4941-4994   Special Topics
A one-to-four credit hour course to be utilized for seminars, special lectures in topics not offered in the catalog, and as a mechanism for developing new courses. Subjects offered under this number may include any area in the field of economic study. This course may be taken more than one time when the topics are different. Class 1-4. Prerequisites: BECN 2103, BECN 2203 and Consent of Instructor.