Accounting, Business, Economics & Finance
In addition to the courses listed below, Special Topics courses, which focus on a particular faculty member's area of research or interest, may also be offered. Special topic topics courses have included: Sports Economics, Economics in the Digital Age, and Economic Poverty & Discrimination.
ECN 101 - Principles of Macroeconomics
The fundamental determinants of economic activity, inflation, depression, international finance, and development. Monetary, banking, and fiscal institutions are considered in relation to their role in contemporary public policies designed to cope with these problems.
ECN 102 - Principles of Microeconomics
The operation of the price mechanism in modern enterprise economies. Allocation of resources and distribution of income in competitive and monopolistic markets for products, labor, and other resources. Contemporary issues in microeconomic theory and policy are examined.
ECN 220, 221 - Intermediate Microeconomic Theory
A specialized examination of certain aspects of price analysis, such as the consumer, the firm, market structures, price determination, and income distribution.
ECN 222, 223 - Intermediate Macroeconomic Theory
An advanced treatment of the concepts of national income growth and fluctuations in the light of both Keynesian and post-Keynesian income theories.
ECN 243, 244 - Health Care Economics
The purpose of this course is to study the facts, concepts, and analyses necessary to understand national health care. The emphasis of the course will be on the economic arguments for or against alternative public policy initiatives in health care and public and private health care systems.
ECN 245, 246 - Environmental Economics
This course explores the relationship between the economy and the environment. Mainstream economic theories and policies will be analyzed from a critical and American policy perspective. The impact of externalities, social costs, property rights, market controls, government regulations, economic development on environmental protection will be analyzed. Other topics covered will include accounting for pollution and resource depletion in GDP statistics, cost-benefit analysis, population, and sustainable development.
ECN 251, 252 - Development Economics
The course begins with an introduction of the concept and measurement of economic growth and development. Models of growth and development processes are then analyzed. Problems in areas such as population, education, savings and capital formation, natural resources, foreign trade, foreign aid, etc. are examined, and possible policy measures are explored.
ECN 332, 333 - Public Finance
Analysis of government’s role in a mixed economy. Principles of government expenditure and taxation and structure of the U.S. tax system, with emphasis on tax incidence and the effect of tax and spending policies on economic efficiency. The effects of the public debt and deficit are analyzed.
ECN 334, 335 - International Trade & Globalization
An economic analysis of international trade, including the national gains and losses from trade, the effect of trade on the distribution of income within and across nations, the effect of trade barriers on national welfare, and the effect of trade agreements on participating nations. Public policy implications will be emphasized.
ECN 338, 339 - Labor Economics
Labor market analysis both in micro as well as in macro contexts. In microanalysis, subjects such as wage determination, wage differentials, labor mobility, etc. will be discussed. The macroanalysis covers, among other topics, the relationship between wages, prices, and employment; general unemployment and its cures; labor productivity; and labor share in national income.
ECN 348 - Game Theory & Applications
This course will introduce the student to game theory and its applications in describing the behavior of firms and individuals. We shall examine market structure and its effect on firm behavior and apply modern analytic techniques to develop a thorough understanding of strategic decisions.
ECN 350 - Econometrics
An introduction to ordinary least squares regression with an emphasis on the relevant statistical tests of the properties of the regression equation. Students will be required to complete a project that estimates and tests an econometric model of a relationship in economics or finance.
ECN 490, 491 - CUE: History of Economic Thought
This course traces the development of systematic economic reasoning from the pre-Mercantilist period to modern times. Attention is given to the influence of changing economic conditions and institutions on the progress of economic thought. The seminal ideas of Smith, Malthus, Ricardo, Marx, Walras, Marshall, Keynes, and others are examined. The schools of economic thinking that grew out of the work of these major contributors are studied, including Classical, Marginalist, Neo-Classical, Institutionalist, Keynesian, and Radical economics. The evolution of mainstream economics from its early beginnings as laissez-faire political economy to its contemporary scientific approach is considered. The role of scientific methodology in economic inquiry is examined. The historical roots of current economic issues and debates are studied.