Economics Economics General Information 465. Advanced Database Methodologies (4) Database concepts for management information systems as applied in the management and application of database systems for mainframe computers. Prerequisite: CIS 365 and 374. 474. Systems Analysis and Design II (4) Provides advanced study in systems development using structured analysis and design techniques. Emphasis is on techniques for producing logical entities applied in the development of computer information systems. Prerequisites: CIS 365 and 374. 480. Individual Projects and Research (2-5) This course is open only to senior computer information systems majors. Will be required to complete an individual project, program, system, or research which will enhance the student's skills and marketability. Prerequisite: Senior standing and acceptance of the student's proposal by the faculty. 489. Cooperative Work Experience (2-5) Open to students meeting criteria established from time to time by the department and on file either in this department or the cooperative education office. 499. Computer Information Systems Seminar (3) A seminar course for seniors applying the principles of management specifically to the needs of the information systems management function. The course will emphasize planning, organizing, and controlling the information systems environment and for information systems development projects. Subject matter will be covered through lectures, readings, discussions, and case studies. Three lectures. Prerequisite: Senior standing in CIS. NOTE: Computer information systems courses require a significant amount of data entry through a video display terminal. Because of this, keyboarding skill is strongly recommended It is further recommended that majors acquire fit personal computer. DEPARTMENT OF ECONOMICS Chair: Michael B. Vaughan Location: Wattis Business Building, Room 226 Telephone Contact: Julia Atkinson 626-6066 Professors: Richard M. Alston, Wan Fu Chi, Dix Cloward, Elden E. Liechty, Michael B. Vaughan; Associate Professors: Dan A. Fuller; Assistant Professors: Clifford Nowell, Lisa Nunn, Sarah E. Tinkler. Description Economics provides general analysis of decision making where resource constraints are present. As such, economists are found in such diverse fields as investment banking, securities analysis, corporate finance, law, politics, and environmental regulation, as well as government and academia. Education The career field selected will determine the educational goals a student must set. Students with bachelors degrees in economics are often employed in private business firms in the financial, retailing, and industrial sectors of the economy. A degree in economics is also regarded by graduate schools as excellent preparation for advanced work toward an MBA or a degree in law as well as a Ph.D. in a number of business fields such as finance and international business. PROGRAM: BUSINESS ECONOMICS MAJOR-BACHELOR DEGREE College Requirements: • Specific College Requirements (see index). • Requirements for General Education (see index). School of Business and Economics Requirements: • See School of Business and Economics section of the catalog. Major Requirements (minimum of 35 credit hours): • Required courses (8 credit hours): Econ 301 (4), 302 (4); CIS 340 (4). • Elective courses (minimum of 23 credit hours): Select from Econ SS274 (5), 303 (4), 309 (4), 311 (4), 320 (4), 340 (5), 430 (4), 455 (4), 480 (1-2), 532 (4). • Students may enhance their program by selecting a maximum of two non-economics courses to be included in these 27 hours. These must be upper-division courses (numbered 301-400) in related disciplines, and they must be approved by the department chair. PROGRAM: GENERAL ECONOMICS MAJOR (SOCIAL SCIENCE EMPHASIS) College Requirements: • Specific College Requirements (see index). • Requirements for General Education Bachelor of Arts degree (see index). • A minor or concentration is required. Major Requirements (minimum of 58 credit hours): • Required courses (32 credit hours): Econ 202 (4), 203 (4), 301 (4), 302 (4), 309 (4); EconQt 240 (4), 260 (4), 261 (4). • Elective courses (minimum of 8 credit hours): Econ SS274 (5), 292 (1-6), 303 (4), 311 (4), 320 (4), 340 (5), 430 (4), 455 (4), 480 (1-2), 492 (1-6), 532 (4). Select at least one class from each of the following groups: • Law: Poise 401 (5); Bus Adm 320 (4). • Philosophy: Engl 388 (3); Philo 116 (5). • Organization: Econ 532 (4); Mgmt 301 (4); Poise SS110 (5), SSI 11 (4), 370 (5), 375 (4). • International Studies: Econ 311 (4); Hist 433 (5), 440 (5), 451 (3), 459 (3), 461 (5), SS470 (5); Poise 383 (3), 448 (5). • Business: Mgmt 330 (4), 325 (4); or Mktg 301 (4). 112 PROGRAM: ECONOMICS HONORS OPTION General Requirements: • Enroll in General Honors Program and complete at least 10 hours of general honors courses (see the Interdisciplinary Programs section of the catalog). • Maintain an overall GPA of 3.3 • Fulfill requirements for Economics Department major (given above). Specific Requirements: In fulfilling requirements for an economics honors major, students must take at least 14 hours of economics courses on an honors basis, 2 hours of which must be completed as a senior project (Honors 499). Either Economics 301 or 302 must be taken on an honors basis. The student may receive economics honors credit in any upper-division or graduate- level economics course. 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. PROGRAM: ECONOMICS MINOR FOR NON-BUSINESS MAJORS General Requirements: • A grade of 2.0 or better in minor courses. Specific Requirements: (minimum of 20 credit hours): • Required courses (8 credit hours): Econ 202 (4), 203 (4). • Elective courses (12 credit hours): Econ SS274 (5), 292 (1- 6), 301 (4), 302 (4), 303 (4), 309 (4), 311 (4), 320 (4), 340 (5), 430 (4), 455 (4), 480 (1-5), 492 (1-6), and 532 (4). ECONOMICS COURSES-ECON m SSI 01. Principles 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 Students wishing to fulfil the School of Business and Economics Advanced Standing requirements with Econ SS101 or its equivalent must complete Econ 202 and either Econ 301, 302 or 303. 202. Microeconomic Analysis (4) 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. Prerequisites: Math 105 or 107. 203. Macroeconomic Analysis (4) The course focuses upon the analysis of economic instability, inflation and stagflation, and fiscal and monetary policy. The determination of national income is stressed. Prerequisites: Math 105 or 107 and Econ 202. 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 Programs (1-6) 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. See School of Business and Economics Registration Restrictions before registering for courses numbered 301 and above. ' "•*■:•:•:•:•:•:-x*X'XiX-Xv-:*x*x-x-x-x*X\vX-x*X'X'X-x-X'X-x*x-X\X-x-:*x-x-x-x<'X^ * 301. Intermediate Theory: Macroeconomics (4) Theory of general economic equilibrium, aggregate employment, inflation, and depression. Prerequisites: Advanced Standing; or Econ 203 or both Econ SS101 and Econ 202; EconQt 240 and 260. 302. Intermediate Theory: Microeconomics (4) Consumer behavior, demand analysis, economics of the firm, and price theory. Prerequisites: Econ 202; EconQt 240 and 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; EconQt 240,260 and 261. 309. History of Economic Thought (4) The major concepts and contributions of the scholars of the past in economic doctrine and interpretations. Prerequisites: Econ 301, 302. 311. International Economics (4) 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. Prerequisites: Advanced Standing; or Econ 202 and 203. 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. Prerequisite: Econ 203. 340. Labor Economics (5) Historical development and growth of unionism and labor legislation. Analysis of wages, wage theory, collective bargaining, and labor-management relations. Prerequisite: Econ 202. 430. Free Enterprise and Public Policy (4) Causal forces in the growth of large-scale business, government laws, intervention, and regulation. Prerequisite: Econ 202. Student Services Interdisc. Programs Allied Health Sciences Arts& Humanities Business & Economics Education Natural Sciences Social Sciences Techno logy 113 Continuing Education