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COURSES OF STUDY
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EC 303 Money and Banking (1)
A study of the financial intermediary and payments system of the
United States; operations, supervision and history of commercial banks;
the Federal Reserve System and its control of the money supply; the
economy of the United States and the influence thereon of monetary
policy; the international payments system; money and capital markets.
Prerequisite: EC 201.
EC 304 Research Methodology (1)
The scientific method applied to economic, social and political
phenomena: formulating hypotheses; techniques for collecting data,
measuring variables, and interpreting research findings. The course
includes a laboratory in which statistical procedures are applied,
interpreted, and documented through completion of a significant
research project. Laboratory required. (Also listed as PS 304 and SO
304,
this course may be counted for credit in economics, political
science or sociology.) Prerequisite: EC 204 or PS 204 or SO 204. Spring.
EC 305 Comparative Economic Systems (1)
The examination and analysis of alternative economic systems in theory
and practice. Particular attention is paid to the economic structure,
regulatory policies, fiscal and monetary policies of various nations
which are committed to rival doctrines of economic organization.
Prerequisites: EC 201 and 202.
EC 308 Macroeconomics (1)
A study in depth of the aggregates of economic society: Gross National
Product, national income, personal income; the balance of savings and
investment; economic stability; economic growth. Prerequisites: EC 201
and 202. Fall.
EC 309 Microeconomics (1)
A survey of contemporary theory concerning consumption, production,
demand, supply; market price under competition and monopoly; factor
prices; wages, interest, rent; the concept of profits. Prerequisites: EC 201,
202
and MA 231. Spring.
EC 311 Quantitative Analysis for Business and Economics (1)
Selected methods and techniques related to managerial choice and
administrative decision making. The course is strongly recommended
for majors. (Also listed as BA 311). Prerequisite: MA 207 or 231. Fall,
Spring.
EC 312 Trade in the Americas (1)
An examination of the expansion of commercial trade between the
countries of the Americas. The course will develop the basic principles
of economic analysis and will focus on the growth of international
trade in the Americas. Specific attention will be given to the various
negotiated trading agreements, and an examination of the institutions
associated with international commerce will be provided. Prerequisites:
EC 201 and 202. Spring.