ECO Courses

ECO101 - Principles of Economics (3 cr.)

Principles of macro and micro economics; analysis of policies concerned with employment and national income, including fiscal and monetary policies, international trade and finance, and economic growth and development. Micro topics include consumer behavior, the theory of the firm and resource allocation. Also covered: economic issues including pollution, poverty, productivity and minority and gender issues. (Fall/Spring). Liberal arts.

ECO110 - Introduction to Microeconomics (3 cr.)

Exposes the beginning student to introductory economic concepts directly related to the individual, the firm, and the resource owners. In an institutional context, students will study economic organization, supply and demand, utility, general price determination, cost analysis, types of competition, and the theory of production. Specific applications of factor pricing and other topics may also be covered. (Fall/Spring). Liberal arts. Prerequisite: high school mathematics 11 or one semester of a college mathematics course.

ECO111 - Introduction to Macroeconomics (3 cr.)

Overview of the market economy, national income measurement and determination, the banking system and the role of money, monetary and fiscal policy, unemployment and inflation, economic growth, international trade and comparative advantage. (Fall/Spring). Liberal arts.

ECO199 - Independent Study (1 to 15 cr.)

Project individually arranged by student and faculty sponsor. Requires completion of the Independent Study form and approval by the Faculty Sponsor, Academic Advisor, Department Chair and Academic Dean.

ECO201 - Intermediate Microeconomics (3 cr.)

Tools of modern price theory: consumer behavior, the firm, the factor market, the general equilibrium theory, and the welfare implications of a market system. (Fall). Liberal arts. Prerequisites: ECO101 or ECO110; MAT221 or MAT224 or HON144.

ECO202 - Intermediate Macroeconomics (3 cr.)

National income determination theory, classical, Keynesian and post-Keynesian developments; theories of inflation, investment and economic growth. (Spring). Liberal arts. Prerequisite: ECO101 or ECO111.

ECO260 - Business Statistics I (3 cr.)

Introduction to descriptive statistics, probability, correlation, sampling, sampling distributions, and confidence intervals applied to social, business, and economic data. Also, discrete and continuous probability distributions - uniform, poisson, binomial, normal, and exponential. Extensive use of Excel for data analysis, graphical and tabular presentation. (Fall/Spring). Liberal arts.

ECO299 - Independent Study (1 to 15 cr.)

Project individually arranged by student and faculty sponsor. Requires completion of the Independent Study form and approval by the Faculty Sponsor, Academic Advisor, Department Chair and Academic Dean. (Spring).

ECO303 - Environmental and Ecological Economics (3 cr.)

This course is concerned with integrating the study and management of environmental services and economics. The course is primarily concerned with the removal of the conceptual and professional isolation that have led to long-term mutually destructive rather than reinforcing economic and environmental policies. The course considers the efficient and equitable use of society's scarce environmental resources including air, water, land, biodiversity and ecosystem services. Topics can include environmental regulation, social welfare analysis, Pigovian taxes, tradable pollution permits, modeling of common property resources, use and non-use valuation techniques, economic effects of climate change, the debate of growth versus no-growth, and others. Liberal arts.(Fall/Spring). Prerequisite: ECO101 or ECO110.

ECO362 - Business Statistics II (3 cr.)

Review of continuous and discrete probability distributions, descriptive statistics, and correlation. In-depth discussion of hypothesis testing applied to univariate and multivariate analyses, including multiple regression and chi-square tests of independence. Also, model diagnostics, quality control, and non-parametric hypothesis testing. Extensive use of Excel and SPSS for statistical analysis, graphical and tabular presentation. (Fall/Spring). Liberal arts. Prerequisite: ECO260 or MAT161.

ECO380 - Public Finance (3 cr.)

Fiscal theory and policy; effects of taxation, governmental expenditure programs and public debt operations. Public revenue and expenditure structure on resource organization, income distribution, employment, prices and economic growth. (Fall). Liberal arts. Prerequisite: ECO101 or ECO111.

ECO391 - International Trade (3 cr.)

Economic foundations of the international movement of goods and services, labor, investment funds, business enterprises and technology. Emphasis on global economic interdependence. Production specialization, gains from international trade, inter and intra industry trade and international economic institutions and cooperation emphasizing the role of NAFTA in the US and Canadian economies. Liberal arts. (Occasional). Prerequisite: ECO101 or ECO111.

ECO392 - History of Economic and Financial Thought (3 cr.)

The evolution of economic and finance theory, knowledge and vision with emphasis on the 18th century and after, especially the great economists from Adam Smith to present. Liberal arts. (Fall). Prerequisites: ECO111, ENG101.

ECO399 - Independent Study (1 to 15 cr.)

Project individually arranged by student and faculty sponsor. Requires completion of the Independent Study form and approval by the Faculty Sponsor, Academic Advisor, Department Chair and Academic Dean. (Spring, Fall).

ECO435 - Economic Issues (3 cr.)

Analysis and debate of current economic issues. Recent examples include the cost of health care and the Affordable Care Act, college education and student debt, male/female wage disparities, capitalism vs. socialism, minimum wage laws, the federal budget, the Federal Reserve system, energy independence, transportation infrastructure. Approved AWR. Liberal arts. (Spring). Prerequisite: ENG101, ECO110, ECO111.

ECO440 - National Income and Business Forecasting (3 cr.)

The use of national income accounts in forecasting aggregate demand variables. Construction and analysis of economic indicators, and development and understanding of macro and micro forecasting models for better planning and decision making at the industry and corporate levels. (occasional). Liberal arts. Prerequisites: ECO101 or ECO111; ECO260 or ECO362.

ECO443 - Selected Topics in Economics (3 cr.)

A course or seminar dealing with advanced economics topics of current interest. (occasional). Liberal arts. Prerequisites: ECO101 or ECO110; ECO111.

ECO452 - Economics of Development (3 cr.)

Theoretical examination of the process of economic development in economically depressed areas of both developed and developing countries. Comparative and case studies are used to identify problems, policies and prospects for economic growth. (Fall/Spring). Prerequisites: ECO101 or ECO111.

ECO470 - Introduction to Econometrics (3 cr.)

Application of statistical inference, probability and other theories to economic data, focusing on multiple regression analysis, time series and model building. Liberal arts. (Fall). Prerequisites: ECO110; ECO101 or ECO111; ECO362.

ECO481 - Economic Sustainability (3 cr.)

This course follows ECO303 and describes the science, business, economics, and policy of sustainability. The subject matter is cross-disciplinary, requiring the student to understand the science of sustainable resource usage, and the interplay between science, the technologies, and economics before we can draw sustainable policy conclusions. Inevitably, sustainability invokes the entire global web of economics, the environment, and our finite factors of the earth. We will study this interaction and role non-renewable and renewable resources play in our global economy. However, these principles do not apply to resource usage alone. Rather, we describe how our decision can be made within the context of sustainable resources, practices, dispersed communities and economic systems, and organizations. The implications on our global political economy are highlighted. Liberal arts. (Fall or Spring). Prerequisites: ECO101 or ECO110 and ECO303.

ECO487 - Economics Exit Exam (0 cr.)

Course consists of administration of the Economics Exit Exam that serves as an assurance of learning standards by students in the SBE. A passing grade on the exam is a graduation requirement for SBE students majoring in economics. (Fall/Spring). Prerequisites: junior standing and ECO201, ECO202, ECO260, ECO362, one of ECO392, ECO435, ECO470, and ECO490 as a prerequisite or corequisite.

ECO490 - Senior Seminar in Economics and Finance (3 cr.)

Research seminar in economics. In consultation with the teacher, students conduct independent or group research in economics culminating in an original academic paper. Liberal arts. (Spring). Prerequisite: senior standing or POI.

ECO498 - Internship in Economics (1 to 6 cr.)

Advanced students may work in a professional setting in either a private business or government agency. Students will spend approximately ten hours weekly working on applied economic problems under the supervision of a faculty member and an on-site supervisor. (Fall, Summer, Spring). Prerequisite: 24 hours of economics and permission of the internship committee.

ECO499 - Independent Study (1 to 15 cr.)

Project individually arranged by student and faculty sponsor. Requires completion of the Independent Study form and approval by the Faculty Sponsor, Academic Advisor, Department Chair and Academic Dean. (Spring, Fall).

Search the College Course Catalog

Enter a course number or three-letter course subject to search the College Catalog:

Alphabetical Listing of Curriculum Descriptions by Course Subject

A

  • Africana Studies = AAS
  • Accounting = ACC
  • Anthropology = ANT
  • Arabic = ARA
  • Art = ART
  • Asian Studies = ASI
  • Astronomy = AST

B

  • Biology = BIO
  • Business = BUS

C

  • Canadian Studies = CAS
  • Communications Disorders & Sciences = CDS
  • Consumer Economics Management = CEM
  • Chemistry = CHE
  • Counseling = CLG
  • Career Life Planning = CLP
  • Communication Studies = CMM
  • Computer Science = CSC
  • Criminal Justice = CRI

E

  • Economics = ECO
  • Education = EDU
  • Education - Administration = EDA
  • Education - Mathematics = EDM
  • Education - Reading = EDR
  • Education - Special = EDS
  • English = ENG
  • Environmental Science = ENV
  • English as a Second Language = ESL
  • Expeditionary Studies = EXP

F

  • Finance = FIN
  • Foreign Languages & Literature = FLL
  • French = FRE
  • Freshman Seminar = FRS
  • Freshman Experience = FRX

G

  • Geography = GEG
  • Gender & Women's Studies = GWS
  • Geology = GEL
  • German = GER

H

  • Health Education = HED
  • History = HIS
  • Honors = HON
  • Hotel, Restaurant, & Tourism Management = HRT
  • Human Development and Family Relations = HDF

I

  • Interdisciplinary Studies = INT
  • Italian = ITA

J

  • Journalism = JOU

L

  • Latin American Studies = LAS
  • Latin = LAT
  • Leadership = MLS
  • Library Skills = LIB
  • Language & Linguistics = LIN

M

  • Mathematics = MAT
  • Meteorology = MET
  • Military Studies = MTS
  • Management & International Business = MGM
  • Marketing & Entrepreneurship = MKE
  • Minority Studies = MNS
  • Music = MUS

N

  • Nursing = NUR
  • Nutrition = FNI

P

  • Physical Education = PED
  • Philosophy = PHI
  • Physics = PHY
  • Portuguese = POR
  • Political Science = PSC
  • Psychology = PSY

R

  • Reading = RDG
  • Recreation = REC
  • Russian = RUS

S

  • Science & Society = SCI
  • Sociology = SOC
  • Spanish = SPA
  • Social Work = SWK

T

  • Theatre = THE
  • Tutor Training = TTR