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Catalog 2013-2014
Table of Contents

Economics (ECON)

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 microeconomics 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 (the study of price-taking and price-searching firm). Class 3. (Spring)

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

ECON 3403   The Economics Poverty and Micro-Finance
This course explores the dimensions and causes of poverty and seeks to identify person-empowering, poverty-reducing/wealth-generating solutions. The geographic focus of the course will be some combination of the following: international, national, regional, or local. Questions about what causes poverty and why poor people stay poor are addressed as part of the study. As possible solutions to poverty, this course includes a comprehensive study of micro-finance and micro-enterprises. It is a study of the principles and methods for micro-lending and micro-financing for people with no monetary resource or collateral to fund their enterprises. It provides an overview of micro-finance by addressing a range of issues. Critical economic and financial reasoning is encouraged to understand and propose solutions to eradicate poverty. Class 3. Prerequisites: ECON 2103, ECON 2203, and BUSI 2503. (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. Class 3.

ECON 4941-4944   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: ECON 2103, ECON 2203 and Consent of Instructor.