141 / 256
Birmingham-Southern College Catalog 2017-2018
140
ACADEMIC PROGRAMS
EC 298, 398, 498 Teaching Experience in Economics (½ or 1)
A teaching experience course. Specific guidelines concerning teaching experiences
appear in the “Teaching Experiences” section of this catalog. Open to sophomores,
juniors, or seniors with consent of major advisor.
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 GCS 304, PS 304, and SO 304, this course may be
counted for credit in economics, global and comparative studies, political science, or
sociology.) Prerequisite: EC 204, GCS 204, PS 204, SO 204, or UES 204. Spring.
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, EC 202, and MA 231. 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, EC 202, and MA 231. Spring.
EC 310 Asian Economies (1)
An introduction to the history of Asian economies, their current macroeconomic policies
and micro business environment. Topics to be studied include the “economic miracles” of
Japan and four Asian Tigers, developmental strategies of China, India, and Southeast
Asian economies, and United States-Asia relations on the basis of a geographical,
cultural, and historical approach. Prerequisite: EC 201.
EC 311 Quantitative Analysis for Business and Economics (1)
Selected methods and techniques related to managerial choice and administrative
decision making. (Also listed as BA 311.) Prerequisites: BA 201 and MA 207. Fall,
Spring.
EC 340 Economics of Natural Resources and the Environment (1)
An examination of the economic theory of natural resource use and the environment.
Prerequisite: EC 201 or EC 202.