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Show Econo mics Program: Economics Teaching Minor I. General Requirements: A. A grade of C or better is required in minor courses. B. The Advanced Standing requirements does not apply. II. Specific Requirements: (minimum of 30 credit hours): A. Required courses (13 credit hours): Economics 101 (5) 102 (3), 274 (5). B. Elective courses (11 credit hours): Courses must be approved by department prior to taking the courses. C. Support courses required (6 credit hours): Communication 102 (3) or its equivalent and Education 450 (3). Asian Studies Minor —The Department of Economics participates in the Asian Studies Minor Program. A student who wished to participate should indicate his desire to do so with the departmental Asian Studies representative who will help the student work out a proper combination of courses to fit his particular needs. (See Composite and Interdepartmental Programs.) Latin American Studies Minor —The Department of Economics participates in the Latin American Studies Program. A student who wished to participate should indicate his desire to do so with the departmental Latin American Studies representative who will help the student work out a proper combination of courses to fit his particular needs. (See Composite and Interdepartmental Programs.) Emphasis in Urban and Regional Planning —This program provides a special emphasis in Urban and Regional Planning for major in Botany, Economics, Engineering, Geography, Geology, Microbiology, Political Science, Sociology, Zoology, and related fields. (See Composite and Interdepartmental Programs.) Center for Economic Education —The Department has established a Center for Economic Education. Its basic function is to help educators in secondary and elementary schools improve their understanding and knowledge of economics. This will assist them in providing their students with the fundamental economic tools needed to evaluate complex national and international events that are a part of their daily existence. ECONOMICS COURSES SS101. Prinicples of Economics (5) Basic institutions of the economy, production of goods, standards of living, the exchange economy, introduction to macroeconomics, national income, and levels of employment. 102. Principles of Economics (3) Introduction to microeconomics. Value and price of goods under varied degrees of competition, and the distribution of income to wages, interest, rent, and profits. 160. Quantitative Analysis for Business and Economics (4) Analysis of quantitative relations and models in business and economics. Topics include dif ferentiation, maximization, marginal analysis, constrained optimization and integration. Prerequisite: Math 107 or equivalent as determined by the Math Department. 260. Statistical Analysis I (4) Introduction to applications of probability and statistics in business and economics. Topics include random variable, probability distribution, sampling, estimation and hypothesis testing. Prerequisite: Math 107 or equivalent as determined by the Math Department. 261. Statistical Analysis II (4) Continuation of Economics 260. Topics cover regression and correlation, multiple regression, time series, index number, and decision analysis. Prerequisite: Econ 260. SS274. Economic History of the United States (5) A critical study of the growth and development of American society and its institutions. 292. Short Courses, Workshops, Institutes and Special Program (1-6) In order to provide flexibility and to meet many different needs, a number of specific offerings are possible using this catalog number. When the number is used it will be accompanied by a brief and specific descriptive title. The specific title with the credit authorized for the particular offering will appear on the student transcript. 301. Intermediate Theory: Macro- Economics (4) Theory of general economic equilibrium, aggregate employment, inflation, depression. Prerequisites: Econ 101 and 102. 302. Intermediate Theory: Micro- Economics (4) Consumer behavior, economics of the firm, and price theory. Prerequisites: Econ 101 and 102. 303. Managerial Economics (4) Microeconomic and macroeconomic principles applied to economic decision-making and policy formulations with emphasis at the level of the business firm and the individual consumer. Designed for business and accounting students. Prerequisites: Econ 101, 102, and 160 or equivalent. 309. History of Economic Thought (4) The major concepts and contributions of the scholars of the past in economic doctrine and interpretations. 311. International Economics (3) Concepts designed to acquaint students with economic relationships among nations. Areas of study will include pure theory of trade, common market associations, and trade problems facing underdeveloped countries. Economics 312. International Monetary Systems (3) Concepts dealing with international money and monetary systems, foreign exchange, and some of the regional monetary arrangements, such as: IMF. dollar problem, IBRD. 320. Money and Banking (4) The history of money and credit, the evolution of banking, the Federal Reserve System, and other banking problems and functions. Prerequisites: Econ 101, 102. 330. The Structure and Performance of U.S. Industry (3) The physical and competitive structure of U.S. industries, and its theoretical and empirical relationship to industry conduct and performance. Emphasis on oligopoly, mergers, and market power. Prerequisites: Accounting 201, Economics 102. SS340. Labor Economics (5) Historical development and growth of unionism and labor legislation. Analysis of wages, wage theory, collective bargaining and labor-management relations. 361. Urban and Regional Economic Problems (3) Theory, analysis, diagnosis, and prescriptions for curbing urban blight, poverty in both urban and rural areas, and the 'metropolitan enigma'. 364. Natural Resource Economics (3) Analysis of public and private approaches to resource allocation and the management of the nations resources with special emphasis on public goods, i.e., forests, wilderness areas, minerals, watercourses. 375. Economic History of Europe (3) European economic history with emphasis on the emergence of capitalism and the Industrial Revolution. SS386. Current Economic Problems (3) The application of economic principles to challenging problems, including population, natural resources, poverty, government policy. Prerequisite: Approval of instructor. 417. Comparitive Economics Systems (4) Capitalism, Socialism, Communism. 419. Economic Development (3) Concepts dealing with the problems of industrializing the developing nations of the world with particular emphasis on Asia and Latin America. 430. Free Enterprise and Public Policy (4) Causal forces in the growth of large-scale business, government laws, intervention, regulation. itifOTmatltrii Allie Sclem m Huma 200 201 business I Economic; L.UIH, Natural Sciences SociJJT Sciences echnolog Continuw Education |