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.

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

This course is an overview of labor economic theory and its practical applications. The course will concentrate on labor supply and labor demand and how economic conditions affect labor markets and individual labor supply and demand decisions. Topics of interest include: human capital, firm compensation policies, labor market discrimination, labor unions and unemployment.

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.

Student begins to explore an area of economics in which he or she has a particular interest and plans to write a senior thesis. Required for all economics majors. Pass/Fail.

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.