Economics Minor

A minor in Economics requires completion of 18 hours of course work. Students are required to complete the following classes:

ECO 201-Principles of Macroeconomics – A study of nation’s economy; topics include inflation, unemployment, gross domestic product, business cycles, and international influences.

ECO 202-Principles of Microeconomics – A study of market systems; topics include supply and demand, the behavior of firms and households in different market structures, government intervention in markets, barriers to trade, and foreign exchange markets.

ECO 340-Intermediate Microeconomic Theory – (Prerequisite ECO 201 and ECO 202) An intermediate study of the determination of prices in factor and final product markets.

ECO 345-Intermediate Macroeconomic Theory – (Prerequisite ECO 201 and ECO 202) An intermediate study of the determination aggregate demand and employment.

In addition the student must complete 2 courses from the following list:

ECO 101-Basic Economics-Principles of microeconomics and macroeconomics applied to current social issues for understanding of policy and proposals, unemployment, gross domestic product, business cycles, and international influences.

ECO 305-Economic Issues-Survey of history of economic thought, economic history of the Unite States and the fields of economics.

ECO 327-Economics of Africa-(Prerequisites: ECO 101 or ECO 201 or ECO 202.) Introduce students to the study of the economies of Africa from ancient time to present.

ECO 330-Money and Public Policy-(Prerequisite: ECO 201 and ECO 202.) A study of the nature and functions of money, financial institutions, monetary theory, and the political, social and international context in which economic theory is formulated.

ECO 336-Survey of International Economics-(Prerequisite: ECO 201 and ECO 202.) An introductory study of why nations trade, tariff and nontariff barriers to trade, commercial policy, balance of payments accounting, exchange rate determination, balance of payments adjustment, and the international currency system.

ECO 401-Public Finance-(Prerequisite: ECO 201 and ECO 202.) A study of federal and state spending and fund-raising policies within the context of the social goals of the society.

ECO 436-International Economics-(Prerequisite: ECO 201 and ECO 202.) An intermediate study of international trade theory and international monetary theory; the pure theory of trade and comparative advantage, economic integration, international resource movements, foreign exchange markets, balance of payments adjustment mechanisms, and international monetary systems.

ECO 444-The study of economic issues in the health care industry.

ECO 450-Introduction to Econometric Methods-Specification, estimation, and interpretation of econometric models.

ECO 470-Comparative Economic Systems-(Prerequisite: ECO 201 and ECO 202.) A course designed to acquaint the student with the origins, development, and characteristics of fascism, socialism and capitalism.

ECO 492-Special Problems in Economics-(Prerequisite: consent of the chair.) Individual study on an approved topic in Economics.

ECO 498-International Economics Seminar Abroad-(Prerequisite: consent of program director.) Conducted in various locations abroad: a series of lectures and discussions involving authorities on international economic issues and practices.

ECO 499-International Economics Research Abroad-(Prerequisite: consent of program director.) A research course in international economics offered for students enrolled in ECO 498.