160 161 ECONOMICS COURSES-ECON SS101. Principles of Economics (5) Su, A, W, S Introduction to basic economic institutions and principles of economics for non-business and economics majors. Topics include scarcity, supply and demand and the exchange economy for goods and services, standards of living and income distribution, national income, aggregate demand, aggregate supply, the price level and inflation, employment, international trade, and comparative economic systems. 202. Microeconomic Analysis (4) Su, A, W, S The application of economic concepts to private sector problems. Topic coverage includes choice theory, the theory of the firm, introduction to general equilibrium analysis, and the theory of market structures. Prerequisite: Math 107 with C- or higher grade (or CR if taken on a CR/NC basis). SS203. Macroeconomic Analysis (4) 5m, A, W, S Introduction to principles of macroeconomics for business and economics majors. The course focuses upon the analysis of economic instability, inflation, stagflation, and fiscal and monetary policy. Topics include standards of living and income distribution, national income, aggregate demand, aggregate supply, the price level and inflation, employment, international trade. The determination of national income is stressed Prerequisites: Math 107 with a C- or higher grade (or CR if taken on a CR/NC basis) and Econ 202. SS/SB274. Economic History of the United States (5) A, W, S A critical study of the growth and development of American society and its institutions. 292. Short Courses, Workshops, Institutes, and Special Programs (1-6) Consult the quarterly class schedule for the current offering under this number. The specific title and credit authorized will appear on the student transcript. See College of Business and Economics Registration Restrictions before registering for courses numbered 301 and above. 301. Intermediate Theory: Macroeconomics (4) A, W, S Theories of long-run economic growth and short-term fluctuations in an open economy, with emphasis on theory of aggregate employment, inflation, recession, and appropriate policies to encourage long-run growth while mitigating the negative effects of short-term fluctuations. Prerequisites: Econ 202, Econ SS203; Math 107 with a grade of C- or higher (or CR if taken on a CR/NC basis). 302. Intermediate Theory: Microeconomics (4) A, W, S Consumer behavior, demand analysis, economics of the firm, and price theory. Prerequisites: Econ 202; Quant 240 and Quant 261. 303. Managerial Economics (4) The course utilizes microeconomic theory to analyze the managerial decisions of individual business firms. Optimization, demand, production, cost, and pricing theories are examined. Emphasis is placed upon problem solving including the use of computer software to forecast and simulate. The course is recommended for business students. Prerequisites: Econ 202; Quant 240, Quant 260 and Quant 261. 309. History of Economic Thought (4) 5 The major concepts and contributions of the scholars of the past in economic doctrine and interpretations. Prerequisites: Econ 301, Econ 302. 311. International Trade (4) A, W, S Introduction to the pure theory of trade, international trade agreements and negotiations (e.g., GATT, NAFTA), and the institutions designed to enhance world-wide trade. Emphasis is placed on the benefits of free .trade and open market macroeconomics as well as the pros and cons of erecting barriers to trade (e.g., tariffs and quotas). Prerequisites: Econ 202, Econ SS203. 312. International Finance and Monetary Systems (4) Applications of the principles of economics to the money and banking institutions prevalent in the international economy. Emphasis on monetary systems, foreign exchange mechanisms, and regional monetary arrangements such as the World Bank, the IMF, and unification of European currencies. Prerequisites: Econ 202, Econ SS203. 320. Money and Banking (4) A The history of money and credit, the evolution of banking, the Federal Reserve System, and other banking problems and functions. Prerequisite: Econ SS203. 340. Labor Economics (4) A Historical development and growth of unionism and labor legislation. Analysis of wages, wage theory, collective bargaining, and labor-management relations. Prerequisite: Econ 202. 341. Women in the World Economy (4) Application of the principles of economics to the analysis of problems and issues confronting women in the modern global economy, with special emphasis on labor markets, income differentials, and problems faced by women in developing economies. Prerequisite: Econ 202. 364. Environmental Economics (4) Analysis of public and private approaches to resource allocation and the management of the nation's environmental resources with special emphasis on public goods, i.e., forests, wilderness areas, minerals, watercourses. Prerequisites: Econ 202, Econ SS203. 417. Economic Development (4) The application of economic principles to the challenging problems of third world and developing nations including Africa, Asia, Latin America and the newly independent states of the Former Soviet Union and Eastern Europe. Prerequisites: Econ 202, Econ SS203. 432. Industrial Organization (4) The theory and performance of firms and industries in the context of substantial market power and market regulation. Emphasis on oligopoly, game theory, and theory of markets within the context of global market competition. Prerequisite: Econ 302. 455. Introduction to Econometrics (4) 5 Advanced regression analysis. Topics include dummy variables, residual analysis, binomial dependent variables, simultaneous equations, and forecasting techniques. Computers will be used extensively although programming skills are not necessary. Prerequisites: Econ 202, Econ SS203; Quant 261. 456. Mathematical Economics (4) Advanced application of mathematical modelling techniques to selected economic issues. Prerequisites: Quant 240, Quant 260, Quant 261; Econ 301, Econ 302. 480. Independent Study (1-6) A, W, S Individual work or work in small groups, by arrangement, in special topics not included in the announced course offerings. Prerequisites: Quant 261 and instructor approval (limited to 2 credit hours per quarter). 492. Short Courses, Workshops, Institutes, and Special Programs (1-6) Consult the quarterly class schedule for the current offering under this number. The specific title and credit authorized will appear on the student transcript. 532. The Structure and Performance of U.S. Industry (4) Industrial organization, performance, and behavior in high-tech industries. Emphasis on the application of economic principles to understanding the special issues surrounding management of technology. Prerequisites: Econ 202, Econ SS203. ECON/QUANTITATIVE COURSES-QUANT The following are service courses which are designed for major and minor programs in the College of Business and Economics. 240. Quantitative Analysis for Business and Economics (4) Su, A, W, S Emphasis on applications of quantitative tools to problems in business. Topics include profit maximization, cost functions, demand analysis, and output maximization with budget constraints and resource allocation. Prerequisite: Math 107 with a C- or higher grade (or CR if taken on a CR/NC basis) or equivalent as determined by the Math Department. 260. Statistical Analysis I (4) Su, A, W, S Introduction to concepts and applications of statistics in business and economics. Topics include summary statistics, probability distributions of random variables, sampling, and estimation. Class will include use of computers. Prerequisite: Math 107 with a C- or higher grade (or CR if taken on a CR/NC basis) or equivalent as determined by the Math Department. 261. Statistical Analysis II (4) Su, A, W, S Continuation of Quant 260. Topics include test of hypotheses, correlation, time series, and multiple regression analysis. Computers will be used extensively in regression analysis. Prerequisites: Quant 240 and Quant 260. CENTER FOR ECONOMIC EDUCATION I he 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 Teaching » Grade Requirements: A grade of 2.5 or higher in courses used toward the minor. » Credit Hour Requirements: Minimum of 30 credit hours. Approval of a minor program by the Economics department chair is required. Students who select the Economics Teaching minor must satisfy the Teacher Education admission and certification requirements (see Teacher Education Department in this catalog). Advisement is required. Course Requirements for Minor Required Courses (14 credit hours) Econ SS101 Principles of Economics 5 Econ 202 Microeconomic Analysis 4 Econ SS/SB274 Economic History of the U.S. 5 Electives (10 credit hours) Select 10 credit hours of courses approved in advance by the Department chair. Economics Teaching minors are also required to take Educ 450, Teaching Social Studies in Grades 5-12, (3) in addition to the courses required by the Teacher Education program. ECONOMICS COURSES FOR TEACHERS The following courses are designed for teachers and teaching minors. 501. National Income Analysis (4) National income analysis and selected topics in the theory of income determination. (Designed for teachers.) 502. The Theory of the Firm (4) The pricing process under various market structures within the framework of an enterprise system of economic organization. (Designed for teachers.) 511. International Trade and Business (4) A survey of international economic relations, problems, and policies. (Designed for teachers.) 520. The U. S. Monetary System (4) A survey of the monetary and banking system of the United States. (Designed for teachers.) 535. Government and the Free Enterprise System (4) A survey course that examines the role and impact of governmental institutions and policies upon the private sector of the economy. (Designed for teachers.) 574. Economic Approach to U. S. History (4) The impact of economic factors upon the growth and development of the United States. (Designed for teachers.) DEPARTMENT OF INFORMATION SYSTEMS & TECHNOLOGIES (formerly Computer Information Systems) Chair: Dr. Dolly Samson Location: Wattis Business Building, Room 222 Telephone: Kathy May 626-6979 Associate Professors: Dolly Samson, Floyd A. Wilkes; Assistant Professors: Ali Amiri, Thomas Van Dyke, Zhuolin Yu Uraduates from the Information Systems & Technologies major are prepared to help organizations use computer technology to support their business processes. Technologies you will study include programming, networking, analysis and design, Internet-based development, database management, and multimedia implementation. As an Information Systems & Technologies graduate, you may work for a large organization, specializing in one aspect of information technology; or, you may work for a small firm, where you are one of a few people who helps support all areas of the firms' technologies. Your job will involve working with people to understand how they do their jobs and where computers can be most effective, as well as implementing the computer-based solutions you identify; you may also train the people to use the systems, install and troubleshoot GEN ED & CORE COURSES HONOURS/BIS L1BSCI WS Applied Science & PRENGR CS EET MFET MET CMT DG AUTOSV AUTOTC IDT SST TBE COMMUN ENGL FORLANG DANCE MUSIC THEATR ART Business & Econ MPACC ACCTNG BUSADM LOG FIN MGMT MKTG ECON IS&T" Education MEDUC CHFAM HEALTH NUTRI PE REC EDUC CLS DENSCI PARAMD HTHSCI HAS HIM MRSCI NURSNG RADTEC DMS NUCMED RADTHR RESTHY SE BOTANY CHEM GEOSCI MATH MATHED MICRO PHSX ZOOL Social & Behavioral Sciences CI GEOGR HIST POLSC PHILO PSYCH SOCLWK GERONT SOCLGY ANTHRO MILSCI AEROSP NAVSCI Weber State University Weber State University