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Show Business and Economics — Economics Business and Economics — Economics Teaching Minor in Economics—A baccalaureate degree candidate may obtain a teaching minor in Economics by completing Economics 101, 102 and 274 plus additional approved electives in Economics to total 24 hours. Suggested electives might include Economics 320, 360, 340 and 386, Finance 101. Composite Teaching Major in Business Education (Economics)—See Business Education Composite Teaching Major, School of Education. Social Science Composite Teaching Major—Economics 101, 102, 274 and/or 360 plus additional economics courses to total 20 quarter hours may be used as part of a Social Science Composite Teaching Major. Courses of Instruction SS101. Principles of Economics—Basic institutions of the economy, production of goods, standards of living, the exchange economy, introduction to macro-economics, national income, and levels of employment. A W S (5) 102. Principles of Economics—Introduction to micro-economics. Value and price of goods under varied degrees of competition, and the distribution of income to wages, interest, rent, and profits. A W S (3) 250. Quantitative Analysis and Probability—Statements and logic, set theory, functions, probability distributions and difference equations with economic and business applications. Prerequisite: Mathematics 105 or a score of 28 or above on the mathematics placement test. A W S (4) 251. Statistical Inference—Sampling, estimation, hypothesis testing, and regression analysis as preparation for empirical research in business and economics. Prerequisite: Economics 250 or equivalent. A W S (4) SS274. Economic History of the United States—Development of resources, commerce, agriculture, manufacturing, labor organizations, finance. A W S (5) 301. Intermediate Theory: Macro-Economics—Theory of general economic equilibrium, aggregate employment, inflation, depression. Prerequisites: Economics 101 and 102. A W S (4) 302. Intermediate Theory: Micro-Economics—Equilibrium and price theory, economics of the firm. Prerequisites: Economics 101 and 102. A W S (4) 305. Managerial Economics—Introduction to Managerial Economics with emphasis on the logic of choice with respect to alternative uses of scarce resources. Relationship of traditional micro-economic theory to management problems of supply and demand, production, and distribution. Prerequisites: Economics 101 and 102. A (3) 309. History of Economic Thought—The major concepts and contributions of the scholars of the past in economic doctrine and interpretations. S (4) 311. International Economics—A course 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. A (3) 312. International Monetary Systems—A course dealing with international money and monetary systems, foreign exchange, and some of the regional monetary arrangements, such as: IMF, dollar problem, IBBD. W (3) 320. Money and Banking—The history of money and credit, the evolution of banking, the Federal Reserve System, and other banking problems and functions. Prerequisites: Accounting 201 and Economics 101. A W S (4) 330. The Structure and Performance of U. S. Industry—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. Economic theory of public policy toward industry. Prerequisite: Economics 102. (Offered odd-numbered years.) S (3) 340. Labor Economics—Historical development and growth of unionism and labor legislation. Analysis of wages, wage theory, collective bargaining and labor-management relations. A (5) 350. Applied Matrix Algebra and Linear Programing— Matrices, vectors, linear programing, stochastic processes, multiple regression and input-output analysis. Prerequisite: Economics 251. A W S (4) 351. Business Applications of Calculus—Elements of calculus as related to business and economics. Highly desirable for business and economics majors including those intending graduate study. Prerequisite: Economics 350. S (3) 360. Economic Geography—Resources, production, com- 210 211 |
