ECONOMICS COURSE DESCRIPTIONS
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ECO 530 Economics Principles and Policy. An intensive study of microeconomic and macroeconomic concepts; the price system and how it functions under various market structures including perfect competition, pure monopoly, and imperfect market structures including monopolistic competition and oligopoly; resource markets; national income measurement and determination; inflation and unemployment; money and banking; economic stabilization including monetary and fiscal policy; international policy. This course does not apply to the 36-hour graduate credit hour requirement of the MBA degree program or the Master of Science in Finance degree.
ECO 560 Economic Analysis of Strategy. A study of game theoretical tools and their application of important real-world economic phenomena. Topics include: the organization of industry, labor and work-place economics, international trade policies, government and voting strategies, the role of legal institutions in the economy, and bargaining and bidding strategies.
ECO 570 Economic Theory. An integration of micro and macro economic theory with special emphasis on how various economic policy choices may impact the operation of business firms and the national economy. The course requires students to find micro and macroeconomic issues of current interest, gather related quantitative data, and review recent research that apply/test the theories covered in this course.
ECO 571 Seminar in Managerial Economics. Application of the techniques of optimization theory to problems in business and economics, with special emphasis on decision-making under conditions of risk and uncertainty. Participants apply recent developments in economic analysis to current business problems such as demand and cost estimation, modeling, and forecasting.
ECO 575 Directed Readings and Research in Economics. A directed individual study is made of a selected problem in the field of economics. Prerequisite: Approval of Department Chair and Graduate Coordinator.
ECO 579 Seminar in Labor Economics. Labor economics focuses on short-run and long-run aspects of supply and demand of labor, including theory and empirical analysis of the behavior of participants in the labor force. Readings in current labor economics literature and appropriate research topics will be covered, including the history of labor organizations. Frequent topics include the microeconomic effects of marriage, fertility, and mobility on labor supply, as well as the macroeconomic effects of unemployment on inflation.