ECO - Economics

Focuses on inflationary consequences of monetary and fiscal policies designed to eliminate poverty and unemployment, significance of money and government deficits on attainment of goals of high employment and economic growth in a non-inflationary environment and role of the dollar in international trade.

Study of the role of prices in allocating and developing scarce resources to meet the needs and demands of consumers, the impact of the profit motive on business size and efficiency, the economic power of large-scale business firms, the interplay of private and public choice through price controls, business regulation and taxation. Prerequisite: ECO 20163 Macroeconomics.

Studies role of money and banking in United States economic development and in international finances,significance of money, banking history and development, commercial banking operations and structure, central banking and monetary management, alternative international monetary systems,and monetary theory and policy. Prerequisite: ECO 20163 Macroeconomics.

Examines key concepts in economics and their application to public policy. Provides an account of the theory of public choice and its applications. Exposes students to the principles of economics at work and in every day life. Also explores American and British policy including protectionism, internet governance, telecommunications, and environmental policy.

Overview of macro and microeconomic theory with applications appropriate to needs of managers in business and public administration settings.

Application of economic theory and mathematical statistical methods of business decision-making.

Present students with aspects of broad topic of globalization. Consideration of historical periods which experience surges in process of globalization. Recent globalization, immigration, trade and claims of proponents of economic globalization will be examined along with criticisms of this process. Cross- listed with LAS 32313 and UNV 32313.

Explores financial system, financial institutions and primary forces which affect them. Emphasis on instruments and interactions in money and capital markets and analysis of firms for portfolio management.

Examines principle topics of international economics. Examines balance of payments, exchange rates, free trade, protectionism and economic development from the perspective of the business major. Develops appreciation of world economic environment as it impinges on choices and decisions made by managers of all- size firms.