Courses and Syllabi
The following are undergraduate and graduate courses in economics offered through the Department of Economics, Finance and Legal Studies.
Undergraduate Courses
- EC 110 Principles of Microeconomics
- EC 111 Principles of Macroeconomics
- EC 210 Microeconomic Policy Analysis
- EC 211 Macroeconomic Policy Analysis
- EC 308 Intermediate Microeconomics
- EC 309 Intermediate Macroeconomics
- EC 389 Computerized Management Information Systems
- EC 400 Analysis of Economic Conditions at the Micro and Macro levels
- EC 410 Law and Economics
- EC 412 Industrial Organization – Market Power and Economics Welfare
- EC 413 Economic Forecasting Analysis
- EC 416 Monetary Theory and Policy
- EC 421 Regional Economics
- EC 422 Urban Economics
- EC 423 Public Finance
- EC 430 International Trade
- EC 431 International Finance
- EC 440 Economic Growth and Development
- EC 441 International Financial Management
- EC 442 Economic Development of Latin America
- EC 444 Political Economy of Terrorism
- EC 450 History of Economic Concepts
- EC 452 Economics of Regulated Industries
- EC 453 Comparative Economic Systems
- EC 461 Modern American and Japanese Capitalism
- EC 470 Mathematical Economics
- EC 471 Econometrics
- EC 480 Economics of the Environment and Natural Resources
- EC 481 Economics of the Public Sector
- EC 482 Senior Seminar on Economic Issues
- EC 483 Healthcare Economics
- EC 492 Internship
- EC 497 Special Topics in Economics
Graduate Courses
- EC 500 (MBA) Managerial Economics
- EC 503 (MBA) Economics of the Firm
- EC 508 Microeconomic Theory
- EC 509 Macroeconomic Theory
- EC 510 Advanced Microeconomic Theory
- EC 511 Advanced Macroeconomic Theory
- EC 512 Industrial Organization and Public Policy
- EC 513 Economic Forecasting Analysis
- EC 516 Monetary Theory and Policy
- EC 523 Public Finance
- EC 530 International Trade
- EC 531 International Finance
- EC 540 The Theory of Economic Development
- EC 550 Survey of Development of Economic Thought
- EC 570 Mathematical Economics
- EC 571 Econometrics
- EC 581 Public Expenditure and Policy Analysis
- EC 610 Seminar in Microeconomic Theory
- EC 611 Seminar in Macroeconomic Theory
- EC 612 Seminar in Industrial Organization
- EC 615 Distribution Theory
- EC 616 Seminar in Monetary Economics
- EC 622 Seminar in Public Finance
- EC 623 Public Expenditure and Policy Analysis
- EC 630 International Trade Theory
- EC 631 Seminar in International Finance
- EC 640 Theory of Risk and Insurance
- EC 641 Seminar in the International Economics of Development
- EC 650 Seminar in Economic Thought
- EC 653 Comparative Economic Systems
- EC 660 Game Theory
- EC 670 Econometrics
- EC 671 Seminar in Econometrics
- EC 672 Financial Econometric Modeling
- EC 698 Research in Economics
EC 110 Principles of Microeconomics.
Introduction to microeconomic analysis concentrating on consumer and producer behavior, competitive and imperfect markets, public policy and regulation, and income distribution.
|
Semester |
Section |
Instructor |
Syllabus |
Remark |
|
Spring 2010 |
001 |
Walch |
|
|
|
Spring 2010 |
002 |
Walch |
|
|
|
Spring 2010 |
003 |
Elder |
|
|
|
Spring 2010 |
004 |
Zirlott |
|
|
|
Spring 2010 |
005 |
Zirlott |
|
|
|
Spring 2010 |
006 |
Zirlott |
|
|
|
Spring 2010 |
007 |
Aldridge |
|
Honors |
|
Spring 2010 |
008 |
Schlesinger |
|
Honors |
|
Spring 2010 |
901 |
Elder |
|
Online |
|
Spring 2010 |
902 |
Elder |
|
Online |
| Spring 2010 | 909 | Elder |
|
Army |
EC 111 Principles of Macroeconomics.
Introduction to macroeconomic analysis concentrating on national income, price levels, employment, monetary and fiscal policies, and international trade and development.
|
Semester |
Section |
Instructor |
Syllabus |
Remark |
|
Spring 2010 |
001 |
Yeh |
|
|
|
Spring 2010 |
002 |
Yeh |
|
|
|
Spring 2010 |
003 |
Yeh |
|
|
|
Spring 2010 |
004 |
Aldridge |
|
Honors |
|
Spring 2010 |
005 | Aldridge |  |
Honors |
|
Spring 2010 |
006 |
Leathers |
|
Honors |
| Spring 2010 | 007 | Aldridge |
|
Honors |
| Spring 2010 | 901 | Elder |
|
Online |
| Spring 2010 | 902 | Elder |
|
Online |
| Spring 2010 | 909 | Elder |
|
Army |
EC 210 Microeconomic Policy Analysis.
This course uses economic analysis to examine a range of public policy issues.
|
Semester |
Section |
Instructor |
Syllabus |
|
Spring 2008 |
001 |
Temimi |
|
EC 211 Macroeconomic Policy Analysis.
Building on the macroeconomics background of EC 111, students will consider current national and international economic problems and issues.
|
Semester |
Section |
Instructor |
Syllabus |
|
Spring 2010 |
001 |
Leathers |
|
EC 308 Intermediate Microeconomics.
Examination of the theory of price and the theory of resource allocation. Topics include demand theory, production and cost functions, pricing and output under competitive and noncompetitive conditions, resource markets, and rudiments of general equilibrium.
|
Semester |
Section |
Instructor |
Syllabus |
|
Spring 2010 |
001 |
Jindapon |
|
|
Spring 2010 |
002 |
Cai |
|
| Spring 2010 | 003 | Cai | |
|
Spring 2010 |
004 |
Silver |
|
|
Spring 2010 |
005 |
Lira |
|
EC 309 Intermediate Macroeconomics.
A study of the theoretical framework underlying income, employment, and growth analysis.
|
Semester |
Section |
Instructor |
Syllabus |
|
Spring 2010 |
001 |
Ma |
|
|
Spring 2010 |
002 |
Mullinax |
|
|
Spring 2010 |
003 |
Olson |
|
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Spring 2010 |
004 | Olson |
|
EC 389 Computerized Management Information Systems.
Introduction to the components of computerized management information systems and applications of computer-based systems to business decisions.
|
Semester |
Section |
Instructor |
Syllabus |
|
Fall 2009 |
001 |
Helms/Kim |
|
|
Fall 2009 |
002 |
Helms/Kim |
|
|
Fall 2009 |
003 |
Helms/Kim |
|
EC 400 Analysis of Economic Conditions at the Micro and Macro levels.
This course uses basic economic theory to analyze real world business decisions (the micro level) as well as real world business and economic conditions (the macro level).
|
Semester |
Section |
Instructor |
Syllabus |
Remark |
|
Spring 2010 |
901 |
Cover |
|
Distance Student Online |
| Spring 2010 | 902 | Cover |
|
Campus Student Online |
EC 410 Law and Economics.
This course will use the tools of economic analysis to analyze public policy issues and explore the intersections between the law and economics.
|
Semester |
Section |
Instructor |
Syllabus |
|
Spring 2010 |
001 |
Elder |
|
EC 412 Industrial Organization – Market Power and Economics Welfare.
A study of the various types of industry structure, conduct, and performance; business strategies, and policy alternatives. Emphasizes case studies of major types of industry.
EC 413/EC 513 Economic Forecasting Analysis.
A survey of the analytical techniques used by economists and other research analysts to forecast the macro- and micro-levels of economics activity and the effects of public policy on the economy.
|
Semester |
Section |
Instructor |
Syllabus |
|
Fall 2009 |
990 |
Lee |
|
EC 416/ EC 516 Monetary Theory and Policy.
An analysis of the role of money in the economy and the conduct of monetary policy. Emphasis is given to the money supply process, the demand for money, and the choice of monetary policy strategies and procedures.
|
Semester |
Section |
Instructor |
Syllabus |
|
Fall 2009 |
001 |
Reed |
|
EC 421 Regional Economics.
A study from the viewpoint of economics of the interrelationships among areas of a universe of unevenly distributed and imperfectly mobile resources.
EC 422 Urban Economics.
An analysis of the economics of community growth and the application of economic principles to solving problems and exploiting opportunities generated by the process of urban development.
EC 423/EC 523 Public Finance.
A study of the principles of taxation, government expenditures, borrowing, and fiscal administration.
|
Semester |
Section |
Instructor |
Syllabus |
|
Spring 2010 |
001 |
Hoover |
|
EC 430/EC 530 International Trade.
An analysis of the theoretical principles underlying international trade, with an application of these principles to recent historical developments and to current national policies.
|
Semester |
Section |
Instructor |
Syllabus |
|
Spring 2010 |
001 |
Pecorino |
|
EC 431/EC 531 International Finance.
An examination of international financial economics and the international financial system, with emphasis on the theories, techniques, and practices relevant to international financial management.
|
Semester |
Section |
Instructor |
Syllabus |
|
Fall 2009 |
990 |
Lovik |
|
EC 440 Economic Growth and Development.
A comparative analysis of economic strategies, problems, issues, and policy outcomes in low income and newly industrialized countries.
EC 441 International Financial Management.
A study of the application of principles of financial management in an international setting, primarily from the perspective of non-financial, multinational firms.
EC 442 Economic Development of Latin America.
A comparative analysis of economic strategies, problems, issues, and policy outcomes, with special attention given to Mexico, Costa Rica, Cuba, and Brazil.
EC 444 Political Economy of Terrorism.
The purpose of the class is to present an up-to-date survey of the study of terrorism, incorporating contributions from political science and economics. Where possible, the course will apply theoretical and statistical tools so the student can understand why governments and terrorists take certain actions even when, on occasion, these actions may be against their interests. Often, we are able to identify behavior that appears counterintuitive until the underlying strategic interactions among agents (for example, among targeted governments) are understood. Throughout the class, we bring forth insights that are against conventional wisdom but supported by the data.
|
Semester |
Section |
Instructor |
Syllabus |
|
Spring 2010 |
990 |
Enders |
|
| Spring 2010 | 991 | Enders |
|
EC 450 History of Economic Concepts.
A study of the development of economic theory from Adam Smith to the present day.
|
Semester |
Section |
Instructor |
Syllabus |
|
Fall 2008 |
001 |
Leathers |
|
EC 452 Economics of Regulated Industries.
An examination of the form of regulation and its impact on American industries, encompassing both traditional public-utility regulation and newer, social regulation, for example environmental and health-and-safety regulation.
EC 453 Comparative Economic Systems.
A comparative study of the various economic systems as they operate in the major nations of the modern world.
|
Semester |
Section |
Instructor |
Syllabus |
|
Fall 2009 |
001 |
Leathers |
|
EC 461 Modern American and Japanese Capitalism.
A study of the development of economic institutions, including price and business fluctuations, closing of the frontier, expansion of business, and monetary and tariff policies.
EC 470/EC 570 Mathematical Economics.
An introduction and application of selected mathematical tools and methods to the analysis of economic problems. These tools and methods are commonly used in advanced economic theory and econometrics.
|
Semester |
Section |
Instructor |
Syllabus |
|
Fall 2009 |
001 |
Jindapon |
|
EC 471/EC 571 Econometrics.
This course emphasizes statistical methods for analyzing data used by social scientists. Topics include simple and multiple regression analyses and the various methods of detecting and correcting data problems such as autocorrelation and heterscedasticity.
|
Semester |
Section |
Instructor |
Syllabus |
|
Spring 2010 |
990 |
Silver |
|
EC 480 Economics of the Environment and Natural Resources.
Survey of the techniques used to estimate benefits of environmental improvements, and an analysis of public policy relating to the environment and use of natural resources.
|
Semester |
Section |
Instructor |
Syllabus |
|
Fall 2009 |
990 |
Addy |
|
EC 481 Economics of the Public Sector.
A study of the provision of public goods and services introducing the theory of welfare economics, public choice, and cost-benefit analysis.
EC 482 Senior Seminar on Economic Issues.
Group discussions of current economic issues together with analysis and policy recommendations.
|
Semester |
Section |
Instructor |
Syllabus |
|
Spring 2008 |
001 |
Hoover |
|
EC 483 Healthcare Economics.
An investigation of the microeconomics of the American healthcare delivery system. The course focuses on the demand for and supply of healthcare services and emphasizes the efficiency and equity characteristics of the system.
EC 492 Intership.
Students may earn degree credit for only one internship. Students are selected through a competitive process for assignments in approved business or public sector organizations. The internship is administered through the C&BA Office of Student Services.
EC 497 Special Topics in Economics.
EC 500 (MBA) Managerial Economics.
An introduction to the foundations of both micro- and macroeconomic analysis, including consumer demand, production and cost analysis, price determination, and macroeconomic theory and policy. Emphasis is on the theory of the firm.
|
Semester |
Section |
Instructor |
Syllabus |
|
Spring 2010 |
001 |
Lovik |
|
| Spring 2010 | 990 | Lovik |
|
EC 503 (MBA) Economics of the Firm.
An introduction to the foundations of economic analysis as it applies to consumer and firm behavior. Emphasis is on market structures and pricing decisions.
EC 508 Microeconomic Theory.
An examination of the theory of resource allocation. Topics include demand theory, production and cost functions, theory of markets, general equilibrium analysis, and welfare theory.
|
Semester |
Section |
Instructor |
Syllabus |
|
Fall 2009 |
001 |
Jindapon |
|
EC 509 Macroeconomic Theory.
This overview of modern macroeconomic theory and its implications for the conduct of stabilization policies is intended to provide a solid background in macroeconomics for students not seeking a terminal degree in economics or for students preparing for EC 511. The course considers the microeconomic foundations of aggregate economic analysis, but with less mathematical rigor than in EC 511.
|
Semester |
Section |
Instructor |
Syllabus |
|
Spring 2010 |
001 |
Cover |
|
EC 510 Advanced Microeconomic Theory.
A thorough examination of advanced value theory and a brief survey of distribution theory.
EC 511 Advanced Macroeconomic Theory.
Modern theory of aggregate income and employment, with application to analysis of stabilization policies.
EC 512 Industrial Organization and Public Policy.
The theoretical and empirical study of large industrial firms in a market economy. The focus is on corporate and governmental policies affecting markets.
EC 513 (MBA) Macroeconomic Policy.
A survey of the fundamental aspects of national income and price level analysis. Emphasis is placed on the policy implications of current theoretical issues.
|
Semester |
Section |
Instructor |
Syllabus |
|
Fall 2009 |
990 |
Lee |
|
EC 540 The Theory of Economic Development.
A comprehensive study of classical and modern theories of economic progress. Particular emphasis is given to the less developed countries and to the role of institutions.
EC 550 Survey of Development of Economic Thought.
A study of the development of economic ideas, from the classical writers down to the present.
EC 581 Public Expenditure and Policy Analysis.
A survey of the public-economics literature, with emphasis on the theory of public goods, public choice, and income distribution policies.
EC 610 Seminar in Microeconomic Theory.
An advanced study of the modern theory of value and price. The seminar includes demand and supply analysis, marginal analysis, and the monopolistic and competitive structure of markets.
|
Semester |
Section |
Instructor |
Syllabus |
|
Fall 2009 |
001 |
Schlesinger |
|
EC 611 Seminar in Macroeconomic Theory.
Selected topics in contemporary macroeconomic theory, with emphasis on dynamic analysis of cyclical fluctuations, stabilization policies, and growth.
|
Semester |
Section |
Instructor |
Syllabus |
|
Fall 2009 |
001 |
Reed |
|
EC 612 Seminar in Industrial Organization.
A survey of selected topics in industrial organization. Both theoretical and applied topics are examined, with special emphasis on recent developments.
|
Semester |
Section |
Instructor |
Syllabus |
|
Fall 2007 |
001 |
Temimi |
|
EC 615 Distribution Theory.
Analysis of welfare economics as applied to income and wealth distributions. Methods of measuring and evaluating poverty, inequality, growth, income mobility, and redistributive policies.
EC 616 Seminar in Monetary Economics.
Selected topics in contemporary monetary theory, with emphasis on determination of the value of money and the effectiveness of monetary policies.
|
Semester |
Section |
Instructor |
Syllabus |
|
Spring 2010 |
001 |
Cover |
|
EC 622 Seminar in Public Finance.
A seminar on recent developments in public economics, with emphasis on the theory of taxation including tax incentives and tax incidence.
EC 623 Public Expenditure and Policy Analysis.
A survey of the public-economics literature, with emphasis on the theory of public goods, public choice, and income distribution policies.
EC 630 International Trade Theory.
A survey of selected topics in international trade with emphasis on the basis for trade and the welfare effects of trade policy.
|
Semester |
Section |
Instructor |
Syllabus |
|
Spring 2010 |
001 |
Pecorino |
|
EC 631 Seminar in International Finance.
A survey of the most important professional literature dealing with international financial management.
|
Semester |
Section |
Instructor |
Syllabus |
|
Fall 2009 |
001 |
Ma |
|
EC 640 Theory of Risk and Insurance.
Foundation of insurance in risk theory and its problems and practices.
EC 641 Seminar in the International Economics of Development.
Consideration of advanced literature in international economics, with emphasis on those issues that relate to less developed countries, multinational enterprise, and external debt problems.
EC 650 Seminar in Economic Thought.
An examination of the literature on economic analysis and policy. The course aims at establishing a synthesis of evolving doctrines that have become, and are formulating, the basis of accepted economic theory and policy.
EC 653 Comparative Economic Systems.
A comparative analysis of market and non-market theoretical economic systems from the viewpoint of economic welfare.
EC 660 Game Theory.
An introduction to non-cooperative game theory. Emphasis on applications in microeconomics and macroeconomics.
|
Semester |
Section |
Instructor |
Syllabus |
|
Spring 2010 |
001 |
Jindapon |
|
EC 670 Econometrics.
Introduction to the methods of analyzing economic data. Topics include linear and non-linear least squares, maximum likelihood.
|
Semester |
Section |
Instructor |
Syllabus |
|
Spring 2010 |
001 |
Ma |
|
EC 671 Seminar in Econometrics.
A study of selected topics and problems in econometrics emphasizing methodology for economic research measurements.
|
Semester |
Section |
Instructor |
Syllabus |
|
Fall 2009 |
990 |
Lee |
|
EC 672 Financial Econometric Modeling.
|
Semester |
Section |
Instructor |
Syllabus |
|
Spring 2010 |
001 |
Enders |
|
EC 698 Research in Economics.
These courses consist of supervised study and investigation of specific problems in economics. They are open only to graduate students nearing completion of coursework for the degree.
|
Semester |
Section |
Instructor |
Syllabus |
|
Spring 2010 |
001 |
Elder |
|
*The Department of Economics, Finance and Legal Studies also offers courses of independent study, selected topics in economics, internships, and research in economics for students who would like to specialize or conduct advanced research in a particular field.