EC 111
Principles of Microeconomics
Principles of Microeconomics deals with choices people make in their daily lives—specifically, how buyers and sellers make their decisions in a marketplace. Using computers, students analyze various market conditions and public policy options. Topics covered include consumer behavior, small businesses, big corporations, monopolies, public policy concerns regarding efficiency, equity, and the environment. Fall. Group: II.
EC 112
Principles of Macroeconomics
Principles of Macroeconomics explores possible solutions to economic problems such as inflation, unemployment, unstable growth, budget deficits, and trade deficits. Using computers, students experiment with fiscal policy, monetary policy, and exchange-rate policy under various scenarios. Spring. Group: II.
EC 301
Money and Banking
Money and Banking is an introduction to the economic role and operations of commercial banks and other financial institutions. Topics covered include: demand and supply of various financial instruments, portfolio selection, causes and consequences of changes in interest rates, exchange rates, international monetary activity, and control of money and credit. Offered selectively. Prerequisite: EC 111 or EC 112 or permission. Group: II.
EC 302
International Economics
International Economic looks at the trade relations among nations. Students examine the institutions and practices that promote or hinder trade relations. Topics include: free trade vs. protectionism, international monetary systems, global economic integration, international competitiveness, and developing economies in a new world order. Fall 2012 and alternate years.
Prerequisite: EC 111 or EC 112 or permission. Group: II.