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COURSES OF STUDY
EC 315 Managerial Economics (1)
A study of the fundamental concepts of managerial economics,
including analysis of market conditions and demand, market structure
and pricing strategies, production conditions and costs, value
maximization and fixed capital investment decisions, together with
relevant analytical and empirical methods. Prerequisites: EC 201 and
202,
and MA 207.
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 202.
EC 350 Labor Economics (1)
An introduction to the field of labor economics. Topics covered include
theories of supply and demand for labor, wage determination, non-
wage compensation schemes, investments in human capital, and
government intervention into the labor market. Prerequisites: EC 201
and 202.
EC 402 Public Choice (1)
Government expenditures and revenues, the shifting and incidence of
taxation, public debt, fiscal and monetary policies. Prerequisites: EC
201
and 202.
EC 410 International Trade (1)
The theory of international trade, balance of payments, international
financial institutions, the structure of trade, international impacts on
income distribution, trade policy including protection and regulation.
Prerequisites: EC 201 and 202.
EC 414 Investments (1)
A study of various financial instruments and investment theories.
The primary objective of this course is to develop analytical tools for
making investment decisions and to learn practical applications of
investment theory. These tools facilitate portfolio selection and the
relationship between risk and return. The application of these tools
leads to an understanding of stocks, bonds, options and mutual funds.
(
Also listed as BA 414.) Prerequisite: BA 372. Spring, every other year.
EC 415 Capital Theory (1)
Examines the theories of capital and financial markets. The course
considers the purpose and function of capital in the economy and
examines the impact of various government policies on such markets,
as well as the various theories aimed at explaining how financial
markets function in practice.
EC 420 History of Economic Thought (1)
A study of the evolution of economic thought from Aristotle and Plato
to New Keynesianism and Neo-classicism. Prerequisite: EC 201 or 202.