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.

Institutions, problems, and policies of the market system and alternative systems: allocation of resources and distribution of income. Not open to students with ECO 100.

Process and determinants of overall economic activity and growth. National income accounting; determination of aggregate income, employment, and the price level; money and banking; government monetary and fiscal policies; international economics.

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

Real and financial sectors of the economy. Emphasis on structure and process of financial intermediation and related policy issues.

Theories of the labor movement; labor legislation and its effect on labor management and society's goals; theories of collective bargaining; impact of government economic policies on labor management relations; wage theory.

Techniques and procedures of application of statistical tools to economic research problems; selected methods for investigating the empirical validity of economic theory.

Optimizing behavior and market processes. Emphasizes proficiency in numerous microeconomic tools of analysis. Encourages thought about these tools and the real world they are designed to illuminate.

Topics of special interest which may vary each time course is offered. Topic stated in current Schedule of Classes. May be repeated under different topics.

Continuation of Economics 300, with more difficult and challenging readings.

Individual readings for qualified students under the guidance of a member of the economics staff.

Topics in economics selected, studied, and discussed by students as a group under faculty guidance. Each student begins to explore an area of economic thought in which he or she has a particular interest and plans to write a senior thesis. Required for all economics majors. Pass/Fail.

Examination of global macroeconomics and its application to the modern business environment, the business cycle and economic policies, major linkages between economies, domestic and international economic indicators, institutions and cultural aspects of business, sustainable development.

Analysis of domestic and international markets, resource allocation, applied strategic thinking and competitive analysis, market structure, impacts on business decision making and on society, ethical issues, role of government regulation in business, pricing strategies, and quantitative decision making tools.