2005 - 2006 Economics Courses

ECON

105

Introduction to Economics as a Social Science, LE

(4)

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.

 

ECON

200FN

Social Sciences Foundation Course I, LE

(4)

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.

 

ECON

253

Elementary Macroeconomics, LE

(4)

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.

 

ECON

263

Elementary Microeconomics

(4)

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.

 

ECON

303

Money and Banking

(4)

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.

 

ECON

311

History of Economic Thought

(4)

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.

 

ECON

317

Macroeconomic Theory

(4)

Intermediate study of income, employment, and output; also the role of fiscal and monetary policies. Prerequisites: ECON 253, 263; MATH 141.

 

ECON

318

Microeconomic Theory

(4)

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.

 

ECON

319

International Economics

(4)

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.

 

ECON

321

Political Economy

(4)

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.

 

ECON

325

Environmental Economics

(4)

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.

 

ECON

401

Directed Studies

(1-4)

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.

 

ECON

212/412

Special Topics in Economics

(1-4)

General category for Special Topics in Economics, e.g., Public Finance, Multinational Corporations, Mathematical Economics. Prerequisites: ECON 253 or 263 or 105.

 

ECON

420

Labor Relations Economics

(4)

Introduction to labor market economics. Survey course in wage theory, labor mobility, unionism, collective bargaining, employment, and public policy. Prerequisites: ECON 253, 263.

 

ECON

440

Internship

(1-8)

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.

 

ECON

441

Economics Practicum

(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.

 

ECON

442

Professional Portfolio

(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.

 

ECON

449

American Economic Development

(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.

 

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.