ECO 110S - Principles of Economics

Introduces the tools and techniques of economic analysis. Topics include measurement of aggregate economic activity, relationship of consumption and saving to income, elements of aggregate demand, money and banking systems, fiscal and monetary policies designed to maintain full employment and price stability, and international trade.  Also introduces the economic choice behavior of individual households, business firms, and resource owners. Topics include resource allocation, supply and demand analysis, cost analysis, and price and output determination under different market structures. Every semester Credit: 4

ECO 228 - Environmental and Natural Resource Economics

This course considers the economics aspects of resource and environmental issues.  The concepts of externalities, public goods common property resources are covered as well as the measurement of costs and benefits of environmental policy in order to estimate socially optimal levels of environmental quality.  Applications of these tools will be make to air and water pollution, fisheries, and energy.  Various policy responses to environmental issues, such as regulation, marketable permits and tax incentives, will be discussed. Prerequisite(s): ECO 110S or permission of instructor. Every two years. Credit: 4

ECO 230 - Behavorial Economics

Behavorial economics relaxes the traditional assumption of rationality built into many economic models to explore the impact of cognitive ability, social interaction, moral motivation, and emotional responses on human behavior and economic outcomes. These influences are motivated by empirical findings in psychology, sociology and related disciplines, as well as the field of experimental economics. Behavioral economics seeks to generate insights, make more accurate predictions, and suggest welfare improving policies. The course will include simulations to generate data under controlled conditions to provide a framework to test behavioral outcomes. Prerequisite(s): ECO 110S. (Pass/Fail option) Once Every two years. Credit: 4

ECO 305 - International Economics

This course covers the theory and issues of both international trade and international finance.  Topics include comparative advantage and the gains from trade among countries; trade agreements and trade issues as well as the US balance of payments.  Different exchange rate regimes, international institutions and international monetary systems will also be discussed. Prerequisite(s): ECO 110S. Every two years. CCP Credit: 4

	ECO 308 - Price Theory
	This course covers intermediate microeconomic theory.  The behavior and choices of consumers and firms will be discussed and analyzed.  Market efficiencies and inefficiencies will be covered as well. Prerequisite(s): ECO 110S and MAT 123M. Every semester. Credit: 4

	ECO 309 - Money, Banking and Macroeconomic Theory
	Examines the nature and functions of money and other financial assets and the structure and operation of the monetary system in the United States. Analyzes national and international financial markets. Examines macroeconomic stabilization theory and policy. Prerequisite(s): ECO 110S and MAT 123M. Every semester.  Credit: 4

	ECO 324 - Industrial Organization
	This course explores the nature of imperfectly competitive markets.  Traditional microeconomic techniques as well as game theory will be employed to analyze strategic interaction between firms.  Topics will include price discrimination, price fixing and collusion, predatory conduct, mergers and advertising. Prerequisite(s): ECO 308 and ECO 309. Every two years. Credit: 4

	ECO 325 - Public Finance
	This course studies how government policy affects the economy and the welfare of citizens. Examines policy issues including pollution, poverty, tax reform, budget priorities, social security, deficit financing, education and regional development. Prerequisite: ECO 110S Every three years. Credit: 4

	ECO 377 - Special Topics in Economics
	The study of a special topic in economics not offered in the economics curriculum.  Examples include:  The Economics of Women, Comparative Economics Systems, Development Economics, Labor Economics, Public Economics and Health Economics. Prerequisite(s): 8 hours in Economics plus junior or senior standing; further prerequisites at the discretion of instructor. Variable Credit: 4

ECO 396 - Internship in Economics

The internship experience requires the application of prior academic business/economics course work. Proposals should be developed in consultation with a faculty member and submitted in writing to the Chairperson of the Department of Social Sciences and Business for approval prior to registration. Upon the conclusion of the internship, the student must submit a comprehensive report on the experience to the supervising faculty member. No student is permitted to enroll for more than sixteen credits in ECO 396. Credits will be allowed on the basis of 32 work hours per credit. Pass/Fail only. Prerequisite(s): Senior standing and departmental permission required. (Pass/Fail option) Variable. Credit: 4

	ECO 397 - Independent Study in Economics
	An opportunity to pursue an area of economic inquiry. Requires completion of research project and reading program. Cannot substitute for a required course. Prerequisite(s): ECO 308 and ECO 309. (Pass/Fail option) Variable. Credit: 4

ECO 450 - Managerial Economics

The economic model of the firm is developed with emphasis on the increased importance of the efficient use of scarce economic resources. Demand estimation techniques, forecasting, cost analysis, use of economic methodology to execute competitive strategy under conditions of perfect competition, monopoly, monopolistic competition and oligopoly are examined using regression analysis. Prerequisite(s): ECO 110S, ECO 308, ECO 309, MAT 120M, MAT 123M. Every semester. Credit: 4