Schedule of Classes

Nature, scope, and methods of economics; current economic institutions, problems, and policies. Students who have already completed ECO 221 and/or 222 will not receive credit for this course.

An introduction to theoretical and applied analyses of microeconomics, including supply and demand analysis, elasticities, firm costs and profit maximization, market structures, wage determination, and market failures such as externalities, public goods, and monopoly power.

An introduction to theoretical and applied analyses of macroeconomics, including determinants of overall economic activity and growth, market analysis, national income accounting, employment, inflation, monetary and fiscal policies, and international economics.

This course combines the economic analysis of the environment with the economics of sustainability. Environmental and sustainability economics considers the efficient and equitable use of society's scarce resources. Cannot receive credit for both ECO 240 and 340.

Student-faculty discussion of books and articles concerning significant economic ideas and issues not examined in depth in other courses.

Integrated approach to the theory of income determination; contemporary growth models; explanations of cyclical fluctuations.

Applying economic theory to the tools of operations research and business analysis: demand, cost, profit, and pricing. Decision theory of the firm.

The theory of externalities and market failure will provide the basis for applying microeconomic concepts to the study of environmental improvement. The past and present state of environmental well-being with respect to air, water, and waste management will be summarized. Cannot receive credit for both ECO 240 and 340.

Capstone project where each student completes a senior research thesis under the guidance of an economics faculty member. Student explores an area of economics in which he or she has a particular interest.