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.

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

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.

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

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.

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.