EC 102 Consumer Economics
An in-depth study of personal and family economics, obtaining income, buying wisely, consumer borrowing, saving, and financial investment; the consumer protection and consumer legislation movements will be specifically emphasized.
Offered every year. 3 credits.
EC 104 Personal Financial Planning
An investigation of the major vehicles for our personal savings: bonds, stocks, mutual funds, real estate, and retirement and estate planning.
Offered every 3 years. 3 credits.
EC 110 Introduction to Microeconomics
An introduction to the operation of the American market system and to the behavior of its participants whether consumers, producers, the government, or other nations engaged in international trade with the United States.
Offered every year. 3 credits.
EC 120 Introduction to Macroeconomics
LASC—Human Behavior and Social Processes
Introduction to economic analysis with particular emphasis upon the national problems of achieving and maintaining full employment, general price stability, and growth of the American economy through time.
Offered every year. 3 credits.
EC 130 Selected Topics
Selection of topics of mutual interest to student and faculty. Timely topics and issues will be covered.
Offered every 2 years. 1-3 credits.
EC 150 Statistics
LASC—Quantitative Reasoning
Prerequisites: EC 110 or EC 120, and Accuplacer code of 4
Basic tools of statis–tical analysis appropriate to research in the social sciences; topics include measures of central tendency, hypothesis testing, time series, index numbers, regression and correlation.
Offered every 2 years. 3 credits.
EC 193 Special Topics in Economics for First-year Students
All "193" classes are approved for LASC but may vary by section. See current course listing for specific LASC area approval.
Introductory level course covering topics of special interest to first-year students. Offered only as a First-year Seminar.
Offered every year. 3 credits.
EC 200 Intermediate Macroeconomics
Prerequisites: EC 110, EC 120
An intermediate analysis of the determination of the level and growth of national income and employment, special attention given to the problems of inflation and recession and to the national fiscal and monetary policies designed to maintain full employment and stable price levels.
Offered every year. 3 credits.
EC 201 Intermediate Microeconomics
Prerequisite: EC 110, EC 120
An intermediate level treatment of the theory of market pricing in a private enterprise system as it affects the resource and output decision of firms and industries under various market structures and the behavior of consumers.
Offered every year. 3 credits.
EC 202 Labor Economics
Prerequisites: EC 110, EC 120
A study of the process of wage determination in a market economy, consideration given to the evolution of union organization and collective bargaining affecting wages, hours, working conditions, and grievance procedures for labor.
Offered every year. 3 credits.
EC 205 Money, Banking, and Monetary Policy
Prerequisites: EC 110, EC 120
A study of the roles of money, depository institutions, and central bank monetary policy in maintaining stable growth of the American economy.
Offered every 3 years. 3 credits.
EC 206 Urban Economics
Prerequisites: EC 110, EC 120
The theory and policy of the growth and development of metropolitan areas; some of the policy-related problems discussed are poverty, residential and commercial land use, and traffic congestion.
Offered every 2 years. 3 credits.
EC 208 Economics of Health Care
Prerequisites: EC 110, EC 120
Introductory study of the health care industry of the United States; pricing of health care, manpower availability, alternative delivery systems, third party payments, and government role in planning, regulating, and financing health care.
Offered every 3 years. 3 credits.
EC 210 Current Economic Issues
Prerequisites: EC 110, EC 120
This course is designed to connect economic knowledge and theory acquired at the introductory level to current economic issues and policy. National and international topics of importance will be considered. For example, pollution, trends in productivity, profitability and distribution, debt and deficits, patterns of investment, trade, and globalization and the economic issues of race, gender and poverty may be covered.
Offered every year. 3 credits
EC 301 Economic Development
Prerequisites: EC 110, EC 120
A survey of contemporary economic theories concerning less developed countries; social, cultural, and political forces shaping the development of such countries are also investigated.
Offered every 3 years. 3 credits.
EC 302 Development Planning and Regional Economics
Prerequisites: EC 110, EC 120
A survey of the problems that must be dealt with by less-developed countries in planning their economic development.
Theories of regional economics applicable to both developed and less developed economies.
Offered every 3 years. 3 credits.
EC 304 Economics of the Environment
Prerequisites: EC 110, EC 120
Methods of pollution control and the socio-economic problems caused by pollution, current research on ecology andeconomics, and the impact that limits on pollution may have on income and population growth.
Offered every 3 years. 3 credits.
EC 305 Introduction to Mathematical Economics
Prerequisites: EC 110, EC 120
A survey of some basic mathematical techniques appropriate to the analysis of economic models and application of economic theory.
Offered every 2 years. 3 credits.
EC 306 Introduction to Econometrics
Prerequisites: EC 110, EC 120, MA 150 or EC 150
The application of statistical techniques to the verification of economic models and examination of economic problems.
Offered every 2 years. 3 credits.
EC 307 International Finance
Prerequisites: EC 110, EC 120
Study of how international trade and investment is financed in a world of floating, fixed and managed exchange rate systems.
Offered every 2 years. 3 credits.
EC 308 International Trade
Prerequisites: EC 110, EC 120
Reasons why nations gain by spatial specialization and exchange with other countries. Analysis of the mechanism by which international equilibrium is restored. Study of trade and foreign exchange policies.
Offered every 2 years. 3 credits.
EC 309 Public Spending and Taxation
Prerequisites: EC 110, EC 120
Analysis of government spending, revenue sharing and taxation; includes the impact of government spending upon efficient use of resources and national growth.
Offered every 3 years. 3 credits.
EC 310 Public Choice
Prerequisites: EC 110, EC 120
The economic analysis of government decision-making. Voting systems, special interest groups, log rolling, rent seeking, bureaucracy and multidimensional versus single issue constituencies.
Offered every 2 years. 3 credits.
EC 312 Natural Resource Economics
Prerequisites: EC 110, EC 120
The use of renewable and non-renewable natural resources in a market economy and the role of government policy concerning them.
Offered every 2 years. 3 credits
EC 400 Independent Study in Economics
Prerequisites: EC 200, EC 201 OR permission of Instructor
For the student whose needs cannot be fully met by available offerings; actual arrangements to be made between student and professor; not intended for general enrollment; a limit of three credits can be acquired.
Offered every year. 1-3 credits.
EC 401 Seminar
Prerequisites: EC 200, EC 201 OR permission of Instructor
A research and discussion process intended to summarize and provide some career orientation to the undergraduate preparation of the economics major at the senior class level.
Offered every 3 years. 3 credits
EC 402 Internship in Economics
Prerequisites: EC 200, EC 201 OR permission of Instructor
Practical experience in economic analysis with industry, non-profit organizations, government agencies; internships may be of varying length.
Offered every year. 1-12 credits.
EC 403 Special Topics in Economics
Prerequisites: EC 200, EC 201 OR permission of Instructor
Covers selected topics in economics of mutual interest to the student and faculty.
Offered every 2 years. 1-3 credits.