352 John B. Goddard School of Business and Economics ECON 1740 AI - Economic History of the United States Credits: (3) Typically taught: Fall [Full Sem] Spring [Full Sem] A critical study of the history of the American Economy, significant events, fundamental principles of a market economy, interactions between government and the market economy, and the evolution of fundamental economic institutions. Note: MATH 1050 is a prerequisite for all Economics courses numbered 2000 or higher. ECON 2010 SS - Principles of Microeconomics Credits: (3) Typically taught: Fall [Full Sem] Spring [Full Sem] The application of economic concepts to the analysis of scarcity 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. Prerequisite: MATH 1050 with a "C" or higher grade. ECON 2020 SS - Principles of Macroeconomics Credits: (3) Typically taught: Fall [Full Sem] Spring [Full Sem] Analyzes human behavior and choices as they relate to the entire economy, with specific focus on national income measurement, unemployment, inflation, business cycles, global trade, and economic growth. Implications of different government policies, e.g., changes in taxation, government spending, money supply or interest rates for a stable economy and steady growth are explored. Prerequisite: MATH 1050 with a "C" or higher grade and ECON 2010 . ECON 2899 - Economics Foundations and Admission Assessment Credits: (o) Typically taught: Fall [Online] Spring [Full Sem, Online] Summer [Online] Completion of ECON 2899 is required of all non-business Economics students pursuing any major, minor, emphasis or certificate awarded by the John B. Goddard School of Business & Economics. The course objectives are: 1) assessment of Business Foundation knowledge, and 2) admittance to the Goddard School. Students should register for this course concurrent with (same semester as) their last required Business Foundation course (ECON 2010 , ECON 2020 and QUAN 2600) or after the required Business Foundation courses have been completed. Students must have an overall GPA of 2.5 or higher and a Business Foundation GPA of 2.5 or higher and a minimum grade of "C-" in each of the three Business Foundation courses. Credit/No credit. Pre/ Co-requisite: ECON 2010 , ECON 2020 , QUAN 2600 . ECON 2920 - Short Courses, Workshops, Institutes, and Special Programs Credits: (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. May be repeated 5 times with a maximum of 6 credit hours with different topics. ECON 3030 - Managerial Economics Credits: (3) This course uses the tools of differential calculus and regression theory to analyze the managerial decisions of individual firms. Prerequisite: MATH 1050 , QUAN 2600 , QUAN 3610. ECON 3090 - History of Economic Thought Credits: (3) This course covers the major concepts and contributions of the scholars of the past in economic doctrine and interpretations. Prerequisite: ECON 2010 , ECON 2020 . ECON 3110 - International Trade Credits: (3) Typically taught: Spring [Full Sem] 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. Prerequisite: ECON 2010 , ECON 2020 . ECON 3120 - International Finance and Monetary Systems Credits: (3) Typically taught: Fall [Full Sem] 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. Prerequisite: ECON 2010 , ECON 2020 . ECON 3150 - Business Studies Abroad- International Finance Credits: (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). Weber State University 2013-2014 Catalog