ECON 251 MICROECONOMICS Theory of pricing and output in commodity and factor markets; resource allocation. Prerequisite: 151. Three semester hours. ECON 252 MACROECONOMICS A more detailed mathematical look at long-run economic growth and short-run business cycle fluctuations. Emphasis on varying theories and policies regarding government intervention in the economy. Prerequisites: 151 and 152. Three semester hours. ECON 260 LAW AND ECONOMICS Applications of economics to property, contracts, torts, and criminal law, emphasizing property rights, breach of contract, product liability and punishment. Prerequisite: 101 or 151. Three semester hours. ECON 262 ENVIRONMENTAL AND NATURAL RESOURCE ECONOMICS (WC) Applications of economics to the problems of pollution and exhaustion of resources. This course satisfies the proficiency requirement for Written Communication in the disciplines. Prerequisite: 151. Three semester hours. ECON 313 THE ECONOMICS OF GROWTH AND DEVELOPMENT (OC) Theories of economic growth and economic development. Application of these theories as well as considerations of evolving economic ideas to the study of local, national, regional, and global institutions in the formation of perspectives and policies relating to trade, poverty, education, and the environment. This course satisfies the proficiency requirement for Oral Communication in the disciplines. Prerequisites: 151 and 152. Three semester hours. ECON 321 MONEY AND BANKING Nature and functions of financial intermediation, asset demand theory, money, Federal Reserve System operations, and monetary policy. Prerequisites: 151 and 152. Three semester hours. ECON 322 INTERNATIONAL TRADE (IE, CT) Trade theory and policy; role of tariffs and other barriers; international monetary theory and practice, including role of fiscal and monetary policy under floating and fixed exchange rate regimes. Overview of international economic institutions, including the World Trade Organization and the International Monetary Fund. This course satisfies the International Exploration requirement and the proficiency requirement for Critical Thinking in the disciplines. Prerequisite: 151; prerequisite or co-requisite: 152. Three semester hours. ECON 330 LABOR ECONOMICS Theory of supply and demand for labor. Applied topics including compensating wage differentials, union activity, gender and racial discrimination, income distribution, immigration, and the role of education. Prerequisites: 151 and 152. Three semester hours. ECON 332 ORGANIZATION AND REGULATION OF INDUSTRY Conduct of U.S. industry with emphasis on regulation and antitrust. Prerequisite: 151. Three semester hours. ECON 350 SPECIAL TOPICS IN ECONOMICS Selected topics in economics chosen by the instructor in response to student needs and interests. Prerequisites: 151 and 152. Three semester hours. ECON 450 SEMINAR (ER, OC) This course satisfies the proficiency requirements for Ethical Reasoning and Oral Communication in the disciplines. Open to junior and senior majors with permission of department. Three semester hours. ECON 460 INDEPENDENT STUDY Supervised independent study in area of individual interest in economics. Prerequisites: junior or senior status and approval of department. One to four semester hours.
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