Economics (Econ)
1A-B. Principles of Economics (3)
Not open to first-semester freshmen. Prerequisite to upper division
Courses in economics and business. (A) General characteristics of economic
system of the United States; organization of society for production and
exchange of goods; structural and functional description of basic economic
institutions. (B) Elementary economic theory, economic problems of present
day society and related public policy.
100. Economic Theory (3)
Open to second-semester sophomores. Prerequisites: Econ 1A-B. Leading economic
t heories of value; price-making process, wages, interest, profit, and rent.
101. History of Economic Thought (3)
Prerequisites: Econ 1A-B. Evolution of economics as a science; doctrines
of different schools of thought -- Mercantilists, Physiocrats, Historical
School, Classical Economists; contributions of outstanding economists.
103. Economic Fluctuations (3)
Prerequisite: Econ 1A-B; senior standing or permissionof instructor. Cyslical
movements of business; history, characteristics and measurement; critical
examination of business cycle theories and of proposals for reducing economic
fluctuations.
110. Industrial and Commercial History of the United States (3)
Recommended: Econ. 1A-B. Exploration and colonization to the present;
economic factors in development of the United States; relationships of economic
forces to historical, political and social change. Meets the American History
requirement.
111. Industrial and Commercial History of Europe (3)
Recommended: Econ. 1A-B. European expansion, fifteenth century to the present;
present economic conditions and trends in Europe; interest of United States
in European economy.
131A-B. Public Finance and Fiscal Policy (3-3)
Prerequisites: Econ. lA-B. Econ 131A is prerequisite to Econ 131B. (a)
Fundamental principles of taxation, analysis of taxes currently employed
at the local, state, and federal level. (b) Other currently employed and
proposed taxes; role of fiscal policy, public debt and public spending.
136. Monetary Policy (3)
Prerequisite: Econ 1A-B, 100A or B, Bus Ad 135; permission of instructor.
Monetary policy as a tool for promoting and maintaining economic stability
and full employment; controversial issues in monetary policy and lessons
of experience.
150. Labor Economics (3)
Prerequisites: Econ 1A-B. Alternative theories of wages, employment, and
structure of labor market; impact of collective bargaining on level of wages,
employment, and labor's share of national income; history and philosophies
of labor movement; structure and functioning of labor unions.
170. Transportation (3)
Prerequisites: Econ 1A-B. Economics of rail, water, motor, air, and pipeline
transportation.
174. Government Regulation of Economic Activity (3)
Prerequisites: Econ 1A-B. Justification for regulation, constitutional limitations,
public utility regulation, regulation of monopoly; competitive practices;
government policy in other areas of economic activity.
178. International Economics (3)
Prerequisites: Econ 1A-B. International economic relations; problems and
policies in the light of fundamental economic theory.
180. Comparative Economic Systems (3)
Prerequisites: Econ 1A-B. Comparative study of economic systems of the modern
world; capitalism, socialism, communism, fascism, and the problems which
arise within each.
190. Independent Study (1-5)
See Academic Placement -- Independent Study.
200. Research Methods -- Economics (3)
Techniques of research, preparation, and handling of materials in economics
and related fields.
201. Seminar in Economic Theory (3)
Advanced topics in economic theory.
210. Seminar in Economic History of United States (3)
Prerequisite: Econ 110 or permission of instructor. Critical examination
of, and reports on, selected topics in the economic history of the United
States.
280A-B. Seminar in Social Science (3-3)
Prerequisite: Econ 131. Advanced topics central to governmental expenditure,
borrowing, and revenue collection.
290. Independent Study (1-5)
See Regulations and Procedures -- Independent Study.
299. Thesis (2-4)
Prerequisite: See Master's Degrees -- Thesis Requirement. Preparation, completion,
and submission of an acceptable thesis for the master's degree.