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ECONOMICS CORE
Take the following courses:
EB-105 International Economic Issues
Understanding international economics is increasingly important for private and public decision-makers. In a world of growing economic interdependence, the ability of policy makers to provide a stable environment for business is a key issue. Accordingly, this course develops the principle topics of international economics, including trade theory, the balance of payments, the cause and consequences of exchange rate movements, the flow of capital, currency crises and regional trade issues. The applied topics emphasized will be based on the most pressing current issues.
3 CreditsS,I
EB-222 Principles of Macroeconomics
Macroeconomic conditions affect individuals and businesses in numerous ways: employment opportunities, the purchasing power of wages and salaries, the cost of borrowing money, sales, profits, and competitiveness against foreign businesses. This course develops the theories relevant to understanding the business cycle, inflation, unemployment, deflation, exchange rates and balance of payments problems. It also examines the options and tradeoffs governments face as they seek to provide a stable macroeconomic environment through monetary and fiscal policies. Case studies of the macroeconomic performance and policies of diverse countries provide a comparative orientation.
3 CreditsSPrerequisites: Sophomore, Junior, or Senior standing
EB-223 Principles of Microeconomics
The optimizing behavior of households and firms serves as the focal point in this study of market-based resource allocation. Supply and demand analysis, spending and saving decisions of households, production and employment decisions of firms, alternative market structures, and environmental economics are among the topics covered.
3 CreditsSPrerequisite: Sophomore, Junior, or Senior standing.
INTRODUCTORY STATISTICS
Take one of the following courses:
EB-211 Business Statistics
This course covers basic descriptive and inferential statistics, normal curve and z-score computations, and addresses hypothesis testing using Chi-Square, T-Test, ANOVA, and linear regression modelling.
3 Credits QS,S
MA-220 Introduction to Probability & Statistics
An introduction to the basic ideas and techniques of probability theory and to selected topics in statistics, such as sampling theory, confidence intervals, and linear regression.
4 CreditsN, QS, CTGESPrerequisite: MA130
MA-205 Elementary Statistics
Introduction to traditional statistical concepts including descriptive statistics, binomial and normal probability models, confidence intervals, tests of hypotheses, linear correlation and regression, two-way contingency tables, and one-way analysis of variance.
4 CreditsN, QS, WK-SPPrerequisite: FYC-101 or EN-110 or EN-109
UPPER-LEVEL CORE
Take two of the following courses:
EB-320 Intermediate Microeconomics
Microeconomics analyzes the behavior of individual economic units such as consumers
and firms. Intermediate microeconomics builds on the topics covered in principles
of microeconomics and principles of macroeconomics. While those courses were more
intuitive, this course explores microeconomics with a deeper degree of rigor using
mathematical models to predict economic behavior.
3 CreditsSPrerequisites include EB223 and EB222.
EB-321 Intermediate Macroeconomics
Intermediate Macroeconomics builds upon the concepts developed in principles of microeconomics
and principles of macroeconomics. Macroeconomics in general tries to understand the
aggregate behavior of economies rather than that of individual economic actors, and
in this course we will study and use models that help explain what has happened in
the past and predict what will occur.
3 CreditsSPrerequisites: EB222 and EB223.
EB-325 Health Economics
Health Economics applies economic analysis to better understand the functioning of
the healthcare industry. Topics willinclude demand for healthcare and health insurance,
information problems, healthcare costs, comparative healthcare systems and healthcare
policy.
3 CreditsSPrerequisite: EB223 Principles of Microeconomics
EB-381 International Political Economy
The pursuit of wealth and power, profit and privilege, corporate growth and national
security occurs in a global context. This course examines the business agendas and
political priorities that find expression in the policy agreements and institutional
agreements of the contemporary global economy. The course is conducted as a seminar
and requires a substantial research project.
3 CreditsS,IPrerequisite: EB105.
EB-463 Financial Markets & Institutions
The role of credit and capital and the function of dollar and Euro bonds in today's
internationalized financial markets are investigated empirically and assessed analytically
in this course. Numerous economic theories relevant to understanding the behavior
of various asset markets are developed, including portfolio and asset models of exchange
rate determination and currency speculation. The costs and benefits of alternative
government policies such as financial regulation and capital and foreign exchange
controls are weighed.
3 CreditsS,IPrerequisite: EB222.
EB-465 Financial Theory and Analysis
Financial Theory & Analysis will be a finance elective aimed at juniors and seniors.
EB465's purpose is to develop an understanding of traditional modern portfolio theory,
recent challenges to this orthodoxy, empirical knowledge of asset performance and
how to apply this knowledge to specific contexts, i.e. creating an appropriate portfolio.
3 CreditsSPrerequisites: EB211 and EB362. MA220 may be used as a replacement for EB211 only.
EB-320 Intermediate Microeconomics
Microeconomics analyzes the behavior of individual economic units such as consumers and firms. Intermediate microeconomics builds on the topics covered in principles of microeconomics and principles of macroeconomics. While those courses were more intuitive, this course explores microeconomics with a deeper degree of rigor using mathematical models to predict economic behavior.
3 CreditsSPrerequisites include EB223 and EB222.
EB-321 Intermediate Macroeconomics
Intermediate Macroeconomics builds upon the concepts developed in principles of microeconomics and principles of macroeconomics. Macroeconomics in general tries to understand the aggregate behavior of economies rather than that of individual economic actors, and in this course we will study and use models that help explain what has happened in the past and predict what will occur.
3 CreditsSPrerequisites: EB222 and EB223.
EB-325 Health Economics
Health Economics applies economic analysis to better understand the functioning of the healthcare industry. Topics willinclude demand for healthcare and health insurance, information problems, healthcare costs, comparative healthcare systems and healthcare policy.
3 CreditsSPrerequisite: EB223 Principles of Microeconomics
EB-381 International Political Economy
The pursuit of wealth and power, profit and privilege, corporate growth and national security occurs in a global context. This course examines the business agendas and political priorities that find expression in the policy agreements and institutional agreements of the contemporary global economy. The course is conducted as a seminar and requires a substantial research project.
3 CreditsS,IPrerequisite: EB105.
EB-463 Financial Markets & Institutions
The role of credit and capital and the function of dollar and Euro bonds in today's internationalized financial markets are investigated empirically and assessed analytically in this course. Numerous economic theories relevant to understanding the behavior of various asset markets are developed, including portfolio and asset models of exchange rate determination and currency speculation. The costs and benefits of alternative government policies such as financial regulation and capital and foreign exchange controls are weighed.
3 CreditsS,IPrerequisite: EB222.
EB-465 Financial Theory and Analysis
Financial Theory & Analysis will be a finance elective aimed at juniors and seniors. EB465's purpose is to develop an understanding of traditional modern portfolio theory, recent challenges to this orthodoxy, empirical knowledge of asset performance and how to apply this knowledge to specific contexts, i.e. creating an appropriate portfolio.
3 CreditsSPrerequisites: EB211 and EB362. MA220 may be used as a replacement for EB211 only.
Secondary Emphasis Credit Total = 18
Six credits must be at the 300/400-level. Any course exception must be approved by the advisor and/or department chair.
The secondary emphasis is for use by students with POEs in other departments. We do not allow a student with a POE in ABE to use one of our own secondary emphases, e.g. Accounting w/secondary emphasis in Finance.
The secondary emphasis is shown on the POE forms using the words "w/secondary emphasis in" (e.g., Communications w/secondary emphasis in Marketing). We suggest that using "and" to connect two disciplines - e.g., Communications and Marketing - implies that the student is a "dual major" and has completed the designated POE in Marketing and sufficient work in the other discipline that a faculty member of that department would approve the POE.
NOTE: prerequisites for 300/400 courses will NOT automatically be waived.