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ECONOMICS

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political science and economics. The following courses must be completed to satisfy the requirements for the BSBA in Economics: ECON 311 Intermediate Microeconomic Analysis ECON 312 Intermediate Macroeconomic Analysis And twelve credits of advanced economics electives planned with the student’s advisor.

COURSE DESCRIPTIONS ECON 285: Project Economics This course develops the techniques necessary for understanding economic price theory, the time-value of money, and the basic issues surrounding organizational architecture. These include issues surrounding supply and demand, cost-production, decision making and market models. In particular, the course focuses on the application of these economic theories to projects, including issues surrounding risk analysis and triage, budgeting, planning, and scheduling necessary to the successful completion of a project. Prerequisite: MATH 140 or MATH 115 3 credits ECON 311: Intermediate Microeconomic Analysis An intermediate level course in the methods of microeconomic analysis, emphasizing supply and demand analysis, elasticity, production and cost principles, and pricing and output decisions under different market structures. Prerequisite: Minimum grade of C in BCOR 111 3 credits ECON 312: Intermediate Macroeconomic Analysis An intermediate level course in the methods of macroeconomic analysis emphasizing national income determination and monetary and fiscal policy. Prerequisite: Minimum grade of C in BCOR 112 3 credits ECON 351: Managerial Economics An application of economic and statistical methods to managerial decision making. Prerequisites: Minimum grade of C in BCOR 111, BCOR 112, CIS 150 or equivalent

3 credits

ECON 401: Monetary Finance The influence of the quantity of money on prices, growth and employment and its relation to the central banking system’s control of the money supply. Prerequisite: Minimum grade of C in BCOR 112 3 credits ECON 421: Forecasting Methods A study of forecasting methods and their application. Topics covered include data collection, time-series decomposition, moving average, exponential smoothing, correlation and regression. Prerequisites: BCOR 220, CIS 150 or the equivalent 3 credits ECON 427: Economic Methods A study of the application of statistical methods to estimation and analysis of economic models. Prerequisites: BCOR 220, CIS 150 or the equivalent 3 credits ECON 431: Public Finance An application of microeconomic theory to the study of how government policies influence the economy. The course emphasizes the study of how government tax and expenditure policies affect the allocation of resources, the distribution of income, and the welfare of the citizens. Prerequisite: Minimum grade of C in BCOR 111 3 credits ECON 441: International Economics A study of the basis for trade between nations, balance of payment problems and the influence of national policies in dealing with trade, monetary problems and the multinational business firms in the global economy. Prerequisite: Minimum grade of C in BCOR 111 or BCOR 112 3 credits

Profile for Gannon University

Gannon Undergraduate Catalog 2018-2019  

Gannon Undergraduate Catalog 2018-2019