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ECON
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105
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Introduction to Economics as a Social Science, LE
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(4)
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An overview of the origins and development of capitalism. Includes a
discussion of different perspectives of capitalism and a brief introduction
to topics in macro- and microeconomics. This course is primarily for non-business
majors.
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ECON
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200FN
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Social Sciences Foundation Course I, LE
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(4)
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This course covers a wide range of economic and political perspectives.
Students will have the opportunity to debate contemporary economic and
political issues as well as study a variety of theories relevant to both
disciplines. Most of the course is aimed at understanding and resolving
contemporary political/economic problems and issues. The separate disciplines
of political science and economics will be joined once more in this course
as they were throughout history until recent times. The somewhat arbitrary
and artificial division of these two subjects will be avoided as students
search for new and useful insights into the functioning of society's political
and economic arenas. Same as PLSC 200FN.
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ECON
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253
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Elementary Macroeconomics, LE
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(4)
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Study of development and emergence of our modern economic society. An
overview of the theories regarding the determination of output, employment,
and the price level. Analyzes the nation's economy as a whole (macroeconomics
approach). This course is a prerequisite for all economics upper division
class work.
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ECON
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263
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Elementary Microeconomics
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(4)
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A study of how individuals, firms, and government allocate scarce resources.
This course is a prerequisite for all economics upper division coursework.
Prerequisite: ECON 253.
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ECON
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303
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Money and Banking
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(4)
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Money and banking institutions, theory of prices, and interest. Keynesian
and post-Keynesian monetary theory and alternative monetary policies.
Prerequisites: ECON 253, 263; MATH 141.
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ECON
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311
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History of Economic Thought
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(4)
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History of economic thought and the relation of its main development
with the general pattern of philosophical and overall social, moral, and
political thoughts. Explores classical, Marxist, marginalists, institutionalist,
Keynesian schools, and comparative economics. Prerequisites: ECON 253
or ECON 105 or HON 211.
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ECON
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317
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Macroeconomic Theory
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(4)
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Intermediate study of income, employment, and output; also the role of
fiscal and monetary policies. Prerequisites: ECON 253, 263; MATH 141.
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ECON
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318
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Microeconomic Theory
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(4)
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Intermediate study of the price mechanism and resource allocation, behavior
of consumers, business firms, and suppliers of productive resources. Prerequisites:
ECON 253, 263; MATH 141.
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ECON
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319
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International Economics
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(4)
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Survey course in international trade dealing with the economic basis
for trade among nations, tariffs, customs, unions, balance of payments,
exchange rates, and public policy. Prerequisites: ECON 253, 263; MATH
141.
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ECON
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321
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Political Economy
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(4)
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An exploration of Marx's philosophy, the doctrine of alienation, historical
materialism, the labor theory of value, economic crises, etc., in addition
to more recent developments in Marxian and heterodox theory. Prerequisites:
ECON 253 or 105 or HON 211.
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ECON
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325
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Environmental Economics
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(4)
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|
Covers economic theories and policies regarding pollution and the use
of renewable and non-renewable resources. Explores the degree to which
economic growth is compatible with environmental quality and considers
both orthodox and heterodox approaches to the environment. Prerequisites:
ECON 253, 263, or consent of instructor.
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|
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ECON
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401
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Directed Studies
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(1-4)
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A tutorial-based course used only for student-initiated proposals for
intensive individual study of topics not otherwise offered in the Economics
Program. Prerequisites: ECON 253, ECON 263 and consent of instructor and
school dean.
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ECON
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212/412
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Special Topics in Economics
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(1-4)
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General category for Special Topics in Economics, e.g., Public Finance,
Multinational Corporations, Mathematical Economics. Prerequisites: ECON
253 or 263 or 105.
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ECON
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420
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Labor Relations Economics
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(4)
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Introduction to labor market economics. Survey course in wage theory,
labor mobility, unionism, collective bargaining, employment, and public
policy. Prerequisites: ECON 253, 263.
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ECON
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440
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Internship
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(1-8)
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Students receive credit for meeting pre-arranged learning objectives
while working for a company or non-profit organization. Internships give
students the opportunity to compare their understanding of classroom material
with current best practices in their field. Credit is based on the number
of hours at the job site and the nature of the learning objectives. Monthly
class sessions reinforce the student learning objectives, and allow interns
to compare their experiences with other interns. Prerequisites: ECON 253,
263; junior or senior standing (transfer students must complete a minimum
of 15 Westminster credit hours); completion of the Career Center Internship
Workshop; and approvals from the Gore School of Business Practice Experience
Coordinator and the Career Center Internship Coordinator.
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|
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ECON
|
441
|
Economics Practicum
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(4)
|
|
The Disciplinary Practicum is a student team-based, company consultation
project. The project addresses a real issue of concern to a client company
(or non-profit organization), requires extensive research, and results
in a formal oral presentation and written report to the company. Students
work in teams of 3-6 students under the supervision of a Gore School of
Business faculty member. Prerequisites: ECON 253, 263; MATH 150; junior
or senior standing.
|
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ECON
|
442
|
Professional Portfolio
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(2)
|
|
The Professional Portfolio is designed for mid-career professionals.
The class gives students the opportunity to assess their interests and
skills, design a career plan, and create a portfolio, which documents
what they have to offer to an organization in an appropriate field. Students
must have at least five years of professional or managerial experience
to enroll in this class. Prerequisites: ECON 253, 263; junior or senior
standing; and approval of the Gore School of Business Practice/Experience
Coordinator.
|
|
|
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ECON
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449
|
American Economic Development
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(4)
|
|
Emphasizes historical foundations of American economic development beginning
with the colonial period and ending with the era following World War II.
Focuses on the process of economic growth in the light of structural and
institutional changes in the American economy. Prerequisites: ECON 253;
ECON 105, or HON 211.
|
|
|
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ECON
|
499
|
Introduction to Econometrics
|
(4)
|
|
An introduction to simple and multiple regression analysis. Tests of
significance, variance correlation, and other selected topics are covered.
Prerequisites: ECON 253, 263; MATH 141, 150.
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