176 177 Elective Courses (15 credit hours) Select from the following Econ 3090 History of Economic Thought (3) Econ 3110 International Trade (3) Econ 3120 International Finance Sc Monetary Systems (3) Econ 3400 Labor Economics (3) Econ 3410 Women in the World Economy (3) Econ 4170 Economic Development (3) Econ 4320 Industrial Organization (3) Econ 4520 Public Finance (3) Econ 4550 Introduction to Econometrics (3) Econ 4560 Mathematical Economics (3) Econ 4800 Independent Research (1-3) Econ 4810 Experimental Courses (1-3) Econ 4920 Short Courses, Workshops (1-3) Suggested Course Sequence Please refer to this program in the on-line catalog (weber.edu/catalog) and/or contact the department for a suggested course sequence. ECONOMICS DEPARTMENTAL » Prerequisite: Enroll in the General Honors Program and complete at least 9 hours of General Honors courses (see Honors Program). » Grade Requirements: Maintain an overall GPA of 3.3 » Credit Hour Requirements: Fulfill requirements for an Economics Department major, given above for Business Economics and, for General Economics, in the Social and Behavioral Sciences section of the catalog. In fulfilling these requirements, students must take at least 12 hours of economics courses on an Honors basis, 2 hours of which must be completed as a senior project (Honors 4990). The student may receive economics Honors credit in any upper-division or graduate-level economics course.* In addition, either Econ 4010 or 4020 Econ must be taken on an Honors basis. * Permission from the department chair must be obtained before registering in a course for Honors credit. A written agreement must also be reached with the appropriate professor regarding the work expected for Honors credit. ECONOMICS FOR NON-BUSINESS MAJORS » Grade Requirements: A grade of "C-" or higher in courses used toward the minor. » Credit Hour Requirements: Minimum of 18 credit hours. This minor is for students who major outside of the John B. Goddard School of Business and Economics. Approval of a minor program by the Economics department is required. Course Requirements for Minor Required Courses (18 credit hours) Econ SS2010 Principles of Microeconomics (3) Econ SS2020 Principles of Macroeconomics (3) Econ 3030 Managerial Economics (3) Econ 4020 Intermediate Macroeconomics (3) Quant SI2600 Business Statistics I (3) Quant SI3610 Business Statistics II (3) Math QL1050 with a grade of "C-" or higher (or CR if taken on a CR/NC basis) is a prerequisite for Econ SS2010, Quant SI2600. Economics Teaching » Grade Requirements: A grade of 2.5 or higher in courses used toward the minor. » Credit Hour Requirements: Minimum of 15 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). Advisement is required. Course Requirements for Minor Required Courses (15 credit hours) Econ SS1010 Economics as a Social Science (3) Econ SS2010 Principles of Microeconomics (3) Econ SS2020 Principles of Macroeconomics (3) Econ All 740 Economic History of the U.S. (3) Econ 3200 Money Sc Banking (3) ECONOMICS COURSES - ECON Econ SSIOIO. Economics as a Social Science (3) F, S An introduction to basic economic institutions and principles of economics for non-business and non-economics majors. The primary objective of the course is to provide a framework of economic approaches useful in the analysis of social problems. Topics include poverty, economic systems, crime, pollution, health, discrimination, unemployment, inflation, and the role of government in the economy. Econ SSI 100. Environmental Issues and Economic Policy (3) F, S An analysis of policies which affect environmental resources. Emphasis on economic analysis of renewable and nonrenewable resources and public policy. Applications include land use, such as forests and wilderness areas, and pollution control, such as hazardous waste and air/water quality. This course encourages students to study the management of local natural resources. Econ All740. Economic History of the United States (3) F, S A critical study of the growth and development of American Society and its institutions. Econ SS2010. Principles of Microeconomics (3) F, S The application of economic concepts to the analysis of scarcity of and of individual, firm, and organizational behavior. Topic coverage includes the theories of how consumers and firms make choices, and how various rules guide their respective decisions. The course also explores the theory of market structures, such as perfect and imperfect competition, as well as monopoly. Prerequisites: Math QL1050 with a C- or higher grade (or CR if taken on a CR/NC basis). Econ SS2020. Principles of Macroeconomics (3) F, S The application of economic concepts to the analysis of national income and employment, economic fluctuations, inflation, fiscal and monetary policies, economic growth, and the global economy. This course analyzes various economic policies, and how they affect economic fluctuations and foster economic growth. Prerequisites: Math QL1050 with a C- or higher grade (or CR if taken on a CR/NC basis), Econ SS2010. Econ 2920. Short Courses, Workshops, Institutes, and Special Programs (1-3) Consult the semester class schedule for the current offering under this number. The specific title and credit authorized will appear on the student transcript. See John B. Goddard School of Business and Economics Registration Restrictions before registering for courses numbered 3000 and above. Econ 3030. Managerial Economics (3) F, S This course uses the tools of differential calculus and regression theory to analyze the managerial decisions of individual firms. Prerequisites: Math QL1050, Quant SI2600, 2610. Econ 3090. History of Economic Thought (3) 5 This course covers the major concepts and contributions of the scholars of the past in economic doctrine and interpretations. Prerequisites: Econ SS2010, SS2020. Econ 3110. International Trade (3) F, S An introduction to the pure theory of trade, international trade agreements and negotiations (e.g., GATT, EU and NAFTA) and the institutions designed to encourage trade. Emphasis on the benefits of free trade as well as the reasons for the existence of trade barriers such as tariffs and quotas. Special topics include trade in agricultural products and international labor migration. Prerequisites: Econ SS2010, SS2020. Econ 3120. International Finance and Monetary Systems (3) S Applications of the principle of economics to the international monetary system. Special emphasis on the way in which international monetary institutions can facilitate trade. Macroeconomic models of an open economy are used to examine the effect that international trade and financial ties have on the domestic economy. Special topics include institutions such as the World Bank and the IMF, along with regional monetary unification in Europe. Prerequisites: Econ SS2010, SS2020. Econ 3150. Business Studies Abroad - International Finance (3) This course studies the globalization of financial markets and the environment in which international finance takes place, e.g., the international monetary system. With this background, a global financial strategy design for corporations will be discussed. This course is taught at Fachhochschule Hof, Germany during each fall semester. Students enrolled in this course have to participate in the Study Abroad Program (Contact: Doris Geide-Stevenson, ext. 7634, DGSTEVEN@Weber.edu). Econ 3200. Money and Banking (3) S This course presents a detailed description and economic analysis of the U.S. financial system which includes the banking industry, bond and stock markets, and the Federal Reserve system. This course serves as an extension to the material covered in an introductory macroeconomics course. The enhanced understanding of the workings of the financial system, including the determination of interest rates, will be used to trace out the channels of monetary policy as conducted by the Federal Reserve and the effect of monetary policy on financial markets, such as the stock market. Prerequisite: Econ SS2020. Econ 3400. Labor Economics (3) F The study of labor economics explores choices made by the two sides of the labor market, employers and workers and how these choices interact in determining wage and employment levels. Hence, an important part of the course consists of a detailed analysis of labor demand and supply. This analysis is followed by a discussion of why the labor market often does not clear, i.e., why we observe unemployment. The analysis focuses on special features of the labor market such as minimum wage, labor unions and efficiency wages. Other topics include the effect of education and training on earnings, the optimal incentive structure of an employment contract and determinants of income inequality. Prerequisite: Econ SS2010. Econ 3410. Women in the World Economy (3) Applications of the principles of economics to the analysis of the economic status of women in the U.S. and elsewhere. The focus is on labor markets, income differentials, the tax system and household work. Special consideration is given to women in developing economies. Prerequisite: Econ SS2010. Econ 4010. Intermediate Microeconomic Theory (3) F The application of economic concepts to individual and firm behavior. Consumer behavior, demand analysis, economics of the firm, and price theory. Prerequisites: Econ SS2010, SS2020. Econ 4020. Intermediate Macroeconomic Theory (3) 5 The building of standard models to test theories of long-run economic performance and short-term fluctuations in closed and open economies. Emphasis is placed on how fiscal and monetary policies encourage long-run growth while mitigating the negative effects of short-term fluctuations. Prerequisites: Econ SS2010, Econ SS2020, Quant 2400 or Econ 3030. Econ 4170. Economic Development (3) F 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 SS2010, SS2020. Econ 4320. Industrial Organization (3) 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. Prerequisites: Quant SI2400 or Econ3030, Econ SS2010. Econ 4520. Public Finance (3) This course covers the aspects of economic policy that arise in the operations of a public budget. Topics addressed include economic theories of bureaucracy, public expenditures, and taxation. Prerequisites: Econ SS2010, SS2020. Econ 4550. Introduction to Econometrics (3) F Advanced Regression Analysis. Topics include ordinary least squares, generalized least squares, nonlinear regression, dummy variables, autocorrelation, heteroskedasticity, and serial correlation. Computers used extensively. Prerequisites: Econ SS2010, EconSS2020, Quant SI2400 or Econ 3030, Quant SI3610. Econ 4560. Mathematical Economics (3) 5 Advanced application of mathematical modeling techniques to selected economic issues. Prerequisites: Econ 4010, Econ 4020, Quant SI3610, Quant SI2400 or Econ 3030. Econ 4800. Independent Research (1-3) F, S Individual work or work in small groups, by arrangement, in special topics not included in the announced course offerings. Prerequisites: Quant SI3610 and approval of instructor. Econ 4810. Experimental Courses (1-3) Experimental or one-time courses designed to fill a need in the community or investigate interesting and unusual topics. Prerequisites: Econ SS2010, Econ SS2020. General PROFILE ENROLLMENT STUDENT AFFAIRS ACADEMIC INFO DEGREE REQ GEN ED IniurA r«r in finani FYE HNRS BIS LIBSCI INTRD MINORS Applied Science A Technology CEET CS MFET/MET CMT CDGT ENGR AUTOSV/AUTOTC IDT SST TBE COMM ENGL FORLNG DANCE MUSIC THEATR ART MBA MPACC/ACCTNG BUSADM FIN LOM MGMT MKTG ECON/QUANT - IS&T ■beaKon MEDUC CHFAM ATHL/AT HEALTH/NUTRI PE/REC EDUC CLS DENSCI PARAMD HTHSCI HAS/HIM NURSNG RADTEC DMS NUCMED RADTHR RESTHY 'i: ■■:'.■: :■:■■:. '■■:.. BOTANY CHEM GEOSCI MATH/MATHED MICRO PHSX ZOOL Social A Behavioral Sciences MCJ/CJ ECON GEOGR HIST POLSC PHILO PSYCH SOCLWK GERONT SOCLGY ANTHRO AEROSP MILSCI NAVSCI Davis Campus Weber State University 2002-2003 Catalog Weber State U n i 2002-2003 Catalog v e r s i t y