ECN (Economics)

 

ECN 2003 Basic Economics

Three hours

An introduction to the basic concepts of economics, including microeconomics, macroeconomics, personal finance, economics ethics, and economic history. Meets the Social Science requirement of the Core Curriculum.

Offered fall semester

ECN 2043 Economies of the European Union

Three hours

Introduction to micro- and macro-economic issues through consideration of the Irish economy and the larger environment of the United Kingdom and the European Union. Students have the opportunity to meet leading business and trade union figures in Ireland and to visit industrial development bodies and financial and business organizations, with a view to become conversant in economic theories and their application to decision-making in private and public sector organizations.

Offered summer, Irish Studies Program

ECN 2093 Honors: Basic Economics

Three hours

A study of the market economy and the government's role in maintaining economic stability. Designed to equip the student with an information base needed for effective stewardship and for working within the political process to promote economic progress. Extensive use of individual, team, and class projects. Meets the Social Science requirement of the Core Curriculum  Prerequisite: admission to the Honors Program or permission of the Honors Committee.

Offered spring semester (odd-numbered years)

ECN 2113 Principles of Microeconomics

Three hours

A study of markets and how supply and demand interact to direct the allocation of resources. Topics include market structures, the role of competition, price theory, output determination, and income distribution. Market failure and policy responses to problems such as pollution and poverty are also considered. Meets the Social Science requirement of the Core Curriculum.

Offered fall semester

 

ECN 2123 Principles of Macroeconomics

Three hours

A study of the determinants of national output and employment levels, the monetary system, and public policy for economic growth and stabilization. Inflation, unemployment, productivity, economic growth, balance of payments, and the public debt are considered from the perspectives of various schools of thought. Meets the Social Science requirement of the Core Curriculum. Prerequisite: ECN 2113.

Offered spring semester

 

ECN 2533 Economics and Society of Central America

Three hours

Using the setting of Antigua, Guatemala, students gain understanding of major economic and social issues facing the Central American region. Topics include distribution of wealth and income, unemployment and poverty, discrimination and class struggle, microenterprise, cultural identity, women's issues, and community development.  Meets the Social Science requirement of the Core Curriculum.

Offered summer, Guatemala Studies Program

 

ECN 2543 Economics and Society of Ireland

Three hours

On-location study of major economic and social issues facing Ireland, and by extension the European Union. Using primary text, The Economics of European Integration, students gain understanding of topics such as distribution of wealth and income, unemployment, economic and monetary union, common markets, cultural identity, and conditions for balanced growth. Other texts and class activities apply theories and insights to the Irish situation. Meets the Social Science requirement of the Core Curriculum.

Offered summer, Irish Studies Program

 

ECN 3133 Money and Banking

Three hours

An examination of the U.S. banking system and the role it plays in providing for efficient exchange in the marketplace. Course discussions emphasize the roles of commercial banks, the Federal Reserve, and the U.S. Treasury in determining interest rates and the general well-being of the U.S. financial network. Also included is a review of monetary policy as a basis for policies to achieve the national economic goals of price stability, full employment, and balance of international payments. Prerequisite: ECN 2123.

Offered spring semester

 

ECN 3213 Managerial Economics

Three hours

Application of microeconomic theory and analysis to business and administrative problems with an emphasis on sound, ethical decision-making. Topics include demand analysis, production and cost analysis, market structures and pricing practices, regulation, risk, and capital budgeting. Prerequisite: ECN 2123.

Offered fall semester (even-numbered years)

 

ECN 4103 International Economics

Three hours

A study of the global economy with emphasis on the role of the United States.  Topics include trade theory, trade restrictions, monetary systems, exchange rates, and the effect of domestic economic policies on global trade.  Trade issues such as trade deficits, job displacement, economic sanctions, emerging nations, environmental issues, immigration, and currency crises are covered. Meets the Global Studies requirement of the Core Curriculum. Prerequisite: ECN 2123

Offered fall semester (even-numbered years)

 

ECN 4131, 4132, 4133 Selected Topics

One to three hours

A study of subjects of special interest. May be offered as independent study under faculty supervision. Prerequisites: junior standing and consent of instructor.

Offered upon sufficient request


ECN 4413 Economics of Resources and the Environment

Three hours

A study of the allocation of natural resources from a perspective of optimal use and sustainability. Emphasis is placed on market effectiveness, causes of and solutions to market failure, and public policy. This course also addresses the challenges of pollution, population, and economic growth. Prerequisite: ECN 2123.

Offered spring semester (even-numbered years)


ECN 4423 Economic Growth and Development

Three hours

A survey of the major economic and social challenges facing developing nations. Traditional and contemporary models of growth and development are studied, with an emphasis on the problems related to poverty, population growth, urbanization, health, and education. Consideration is given to the global context for economic development, especially relating to international trade and foreign aid. Meets the Global Studies requirement in the Core Curriculum. Prerequisite: ECN 2123.

Offered fall semester (odd-numbered years)

 

ECN 4993 Senior Research Project

Three hours

Individual, intensive study and presentation of an approved topic. This project is integrative in nature and is to be completed during the student's final year of study. Prerequisites: senior standing and consent of instructor.

Offered spring semester