Economics (ECON)

Courses numbered 500 to 799 = undergraduate/graduate. (Individual courses may be limited to undergraduate students only.); 800 to 999 = graduate.

ECON 570.  International Political Economy   3 credit hours

Cross-listed as POLS 570. Examination of policy decisions regarding exchanges of trade, money and labor that span national boundaries. Studies the interaction of politics and economics at the international level, as well as the modern history of the global economy. Economics often studies the material benefits and costs of different policies. Political science asks why these policies exist in the first place with a focus on who gets the benefits, who pays the costs, and how decisions about allocating benefits and costs are made. Course includes diversity content.

ECON 611.  Economics of Sports   3 credit hours

Inquiry into the economic aspects of professional and intercollegiate sports. Includes industrial organization of sports, public finance of sports, and the labor economics of sports, as well as the unique competitive nature of the sports enterprise. Not applicable toward the MA in economics. Prerequisite: junior standing.

ECON 627.  Economic History of the United States   3 credit hours

Cross-listed as HIST 515. Analysis of the basic factors in economic growth. Explores agriculture, trade and commerce, industrial development and the changing role of the government in economic activity. Prerequisites: ECON 201 and junior standing.

ECON 660.  Labor Economics   3 credit hours

Introduction to labor economics surveying both theoretical and empirical research in this field. Includes labor markets, wage determination and human capital theory. Course includes diversity content. Prerequisites: for undergraduate students, ECON 201, 202, junior standing; for graduate students, the equivalent of ECON 201, 202.

ECON 663.  Economic Insecurity   3 credit hours

Cross-listed as AGE 663. Personal economic insecurity, such as unemployment, old age, health care, disablement and erratic economic fluctuations. Includes costs and benefits of government action to aid in meeting such insecurities. Course includes diversity content. Prerequisites: for undergraduate students, ECON 201, 202, junior standing; for graduate students, the equivalent of ECON 201, 202.

ECON 672.  International Economics and Business   3 credit hours

Cross-listed as IB 561. A survey of the economic foundations of international trade, finance and investment. Includes foreign exchange markets, regional integration, trade theories and instruments, U.S. trade policies and treaties, multinational companies, immigration, as well as differences in cultural, political and economic systems. Includes current events. Course includes diversity content. Prerequisites: for undergraduate students, ECON 201, 202, junior standing; for graduate students, the equivalent of ECON 201, 202.

ECON 674.  International Finance   3 credit hours

Cross-listed as FIN 625 and IB 625. A study of the international financial and monetary system, emphasizing currency markets. Examines market instruments and techniques, including synthetic and derivative securities and their application to management of currency risk in international trade and finance. Prerequisites: for undergraduate students, ECON 201, 202, FIN 340 with a grade of C+ (2.300) or better, junior standing; for graduate students, the equivalent of ECON 201, 202.

ECON 692.  Group Studies in Economics   1-3 credit hours

Repeatable for credit with departmental consent. Prerequisites: for undergraduate students, ECON 201, 202, junior standing; for graduate students, the equivalent of ECON 201, 202.

ECON 702.  Mathematical Methods in Economics   3 credit hours

Introduces mathematical tools that are especially useful in economics, econometrics and finance. Includes a review of differential and integral calculus, an introduction to matrix algebra, and various constrained optimization and economic modeling techniques. Emphasizes economic applications and modeling. Prerequisites: for undergraduate students, calculus, ECON 201, 202, junior standing; for graduate students, calculus and the equivalent of ECON 201, 202.

ECON 709.  Urban Economics   3 credit hours

Cross-listed as RE 709 and PADM 709. A survey of the economic structure and problems of urban areas on both the microeconomic and macroeconomic levels. Stresses the application of regional economic analysis in the study of urban areas as economic regions. Prerequisites: for undergraduate students, ECON 201 and 202, junior standing; for graduate students, the equivalent of ECON 201, 202.

ECON 731.  Applied Econometrics I   3 credit hours

Studies regression techniques through business, finance and economics examples. Reviews the fundamentals of statistics and covers practical model building, data collection, use of statistical software packages, interpretation of regression results and various diagnostic tests. Prerequisites: for undergraduate students, ECON 201, 202, 231 each with a grade of C+ (2.300) or better, junior standing; for graduate students, the equivalent of ECON 201, 202, 231 each with a grade of C+ (2.300) or better.

ECON 740.  Monetary Economics and Policy   3 credit hours

A study of monetary theory and policy. Analyzes historical and contemporary monetary issues using macroeconomic theories and empirical studies. Prerequisites: ECON 340, junior standing.

ECON 765.  Public Sector Economics   3 credit hours

Cross-listed as PADM 765. Examination of theories of economic decision making and institutions, with a focus on how economic tools can be used to inform policy and management in the public and nonprofit sectors. Covers economic principles and discusses market failures and public policies intended to correct or alleviate market failure. Economic decision making tools for public and nonprofit management are also introduced.

ECON 781.  Cooperative Education   1 credit hour

Provides the graduate student with a field placement which integrates theory with a planned and supervised professional experience. Programs must be formulated in consultation with appropriate graduate faculty. May be repeated for credit up to 3 hours. May not be used to fulfill degree requirements. Graded Cr/NCr.

ECON 800.  Analysis of Economic Theory   3 credit hours

An intensive analysis of micro- and macroeconomic principles. Not for graduate credit in the MA program in economics. Prerequisite: departmental consent.

ECON 801.  Macroeconomic Analysis   3 credit hours

An in-depth examination of contemporary macroeconomic theories. Includes economic growth, short run classical and Keynesian theories of fluctuations, real business cycle theory, inflation, monetary policy, and new classical and new Keynesian theories. Prerequisite: calculus and ECON 301.

ECON 802.  Microeconomic Analysis   3 credit hours

An analysis of the consumer, the firm, and competitive and noncompetitive markets using mathematical models. Prerequisites: ECON 302, 702.

ECON 803.  Analysis of Business Conditions and Forecasting   3 credit hours

Intensive study of research methodologies and forecasting for real life business decision making. Covers formulation of research questions, specification of models, collection of time series and survey data, applications of forecasting techniques, and interpretation and communication of the results. Prerequisite: ECON 731 or instructor's consent.

ECON 804.  Managerial Economics   3 credit hours

A survey of theoretical and analytical tools of economics that are useful in decision making by managers. Prerequisites: ECON 201, 202, or 800; one course in statistics; one course in calculus.

ECON 831.  Applied Econometrics II   3 credit hours

Introduces the maximum likelihood estimation and the methods of moments estimation technique. Covers SUR, panel data, simultaneous equations, VAR and ARCH/ GARCH models. Emphasizes the time series model building practiced in finance and macroeconomics. Prerequisites: ECON 702, 731 or equivalent.

ECON 865.  State and Local Government Finance   3 credit hours

Analyzes state and local government expenditure and revenue systems, introduces state and local financial administration. Students must complete computational work requiring at least an intermediate level of competence using spreadsheet software such as Excel. Prerequisite: ECON 765 or instructor's consent.

ECON 870.  International Finance and Investment   3 credit hours

A case study of the contemporary and business-related issues of international finance and investment. Includes foreign exchange markets, European integration, international trade organizations and monetary systems, and emerging markets. Prerequisite: one of the following courses: ECON 731 and 672 (IB 561) or ECON 674 (FIN 625).

ECON 891.  Directed Study   1-3 credit hours

Individual study of various aspects and problems of economics. Repeatable for credit with departmental consent. Prerequisites: graduate standing and departmental consent.

ECON 892.  Group Studies Economics   1-3 credit hours

Repeatable for credit. Prerequisite: departmental consent.

ECON 896.  Thesis   1-3 credit hours

Thesis preparation.

ECON 897.  Project Completion   1 credit hour

Designed for students who need additional time to complete either their directed study project or thesis. Graded S/U. Prerequisite: ECON 891 or 896.