Economics Minor

School of Business and Economics

Curriculum

  • Economics Minor
  • 18 Units
  • ECO 201: Macroeconomics
  • 3

This course will survey the scope and methods of the study of economics; the principles underlying the production, exchange, distribution and consumption of wealth along with various economic problems. The systematic investigation of the market structure of American capitalism, encompassing the production and distribution of income, welfare economics and current domestic problems.

  • ECO 202: Microeconomics
  • 3

This introductory course will look at specific aspects of the economy such as households, firms, and markets, including the investigation of supply and demand in the product market, the perfectly competitive market, monopoly and imperfect competition, and the role of government in private economy. Emphasis will be given to economic challenges of the future.

  • ECO 221: History of Economic Thought
  • 3

This is a survey course of the history of economic thought from 1600 to 2000, focusing on primary works and discussion of their historical context. Major authors covered will include Smith, Marx, Marshall, and Keynes. Specific policy areas surveyed include internal improvements, money and banking, tariffs, trade, antitrust, and regulation. Recommended prerequisite: ECO 201.

  • Choose three of the following courses:
  • ECO 321: Econometrics
  • 3

This course provides an introduction to econometrics using real-world examples and exercises. It covers the topic of single-equation linear regression analysis. Using a practical approach, students learn how to test for and correct biases that may exist when performing a regression analysis. Topics covered include hypothesis testing, confidence interval estimation, Gauss-markoc Theorem, Data Specification, Multicollinearity, Serial Correlation, Heteroskedasticity, Time-Series, Dummy Variables and Forecasting. Prerequisites: Fulfillment of the general education math requirement, ECO 201, ECO 202 and MTH 252.

  • ECO 323: Money and Financial Markets
  • 3

This course is an overview of financial markets and institutions, money markets, stocks, bonds, foreign currency, and derivatives. Prerequisite: ECO 201 or ECO 202.

  • ECO 421: Intermediate Microeconomics
  • 3

This course uses principals of economic and statistical analysis in management decision making and practical problem solving; demand evaluation and sales forecasting; cost and profitability analysis; pricing policy; extensive use of case studies. Prerequisites: ECO 202 and MTH 252.

  • ECO 428: Intermediate Macroeconomics and Public Policy
  • 3

This course uses economic methodology to evaluate the economic methods used in, and the purposes driving, the development of economic public policies in the U.S., focusing on the role of government in shaping social policy and its impact on individuals. Students will (a) complete an essay describing a recent U.S. economic policy event, and (b) an essay describing the economic justification for recent public policy in one (1) of the following three (3) topics: Environmental and Natural Resource Economics; Economics of Health; or Economics of Education. Prerequisites: fulfillment of general education math requirement and ECO 201, ECO 202 and (MTH 252 or MTH 271).

  • ECO 429: Environment, Climate, and Sustainability
  • 3

This course will give an overview of environmental law on business organizations and their behavior, focusing on state and federal statutory and case law dealing with analysis of environmental impacts; control of air and water pollution; regulation of toxic substances; preservation of natural areas, habitat, and endangered species; and with a special emphasis on the impact of various governmental policies and environmental laws on industry, business, real estate development, and conservation programs. Prerequisite: ECO 201 or ECO 202. BUS 201 and BUS 251 are recommended prerequisites.

Current students, please note: The requirements listed here may not reflect the most current courses for this minor and may not be the requirements for the catalog year you are following to complete your minor. Please refer to the Academic Catalog for official requirements you must meet to qualify for a degree.


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