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Offered by Department of Economics
College of Business and Technology

ECON Courses

ECON 100GS - Contemporary Economic Issues - 3 hours
Prereq: none
This course is designed to help the student acquire an understanding of the U.S. economic system and its influence on current topics important to everyone. The objective of the course is to provide students with a general understanding of economic principles and how they are applied to issues facing the United States. (Not open to students who have previously completed ECON 270GS, ECON 271GS, or equivalent.)
ECON 270GS - Principles of Economics, Macroeconomics - 3 hours
Prereq: none
A study of the economic system of the U.S. and the underlying principles of production, labor relations, national income, prices, money and banking, and economic policy.
ECON 271GS - Principles of Economics, Microeconomics - 3 hours
Prereq: none
This course provides students an introduction to the economic principles and theories which have been developed to explain how firms make decisions on production and input use, how consumers make purchasing decisions, and how firms and consumers interact in the marketplace under differing market conditions. The course prepares students for further study in the field of economics.
ECON 300 - Foundations of Research Methods in Economics and Business - 2 hours
Prereq: sophomore standing
This course is designed to provide students with an introduction to the research process in economics and business. Students will gain experience in research methodology by developing/selecting a research topic/question, conducting a literature review, collecting data, selecting and using an appropriate analytical technique, and constructing a persuasive argument supported by theory and empirical evidence. F.
ECON 314 - Public Finance - 3 hours
Prereq: ECON 270GS, ECON 271GS
Provides a thorough treatment of major topics relating to government expenditures and tax policies. This course will help students develop an understanding of the economic principles that are most useful in examining the government's role in the economy, particularly those principles economists have found helpful in a microeconomic analysis of tax and expenditure policies.
ECON 318 - History of Economic Thought - 3 hours
Prereq: ECON 270GS
A survey of economic thought from Biblical times to Post-Keynesian philosophy. Particular emphasis is placed on the Classical, Marginalist and Marxian schools of economic thought.
ECON 320 - Economic Theory, Intermediate Microeconomics - 3 hours
Prereq: ECON 271GS
Introduction to microeconomic theory regarding the determination of prices and values.
ECON 321 - Economic Theory, Intermediate Macroeconomics - 3 hours
Prereq: ECON 270GS
Introduction to macroeconomic theory with emphasis on the determinants of income, employment and economic growth.
ECON 322 - Money and Banking - 3 hours
Prereq: ECON 270GS
A descriptive and analytical study of the basic principles of money, banking and finance as they are related to business and public policy. A study of the creation of the nation's money supply and of the importance of monetary policies upon the performance of the economy.
ECON 335 - Agricultural Marketing - 3 hours
Prereq: ECON 271GS
An analytical and descriptive study of agricultural markets and marketing systems. This course will provide the student with knowledge of agricultural price determination, the use of futures and options for price discovery and risk management, and marketing institutions in agriculture.
ECON 350 - Economics of the Agricultural Sector - 3 hours
Prereq: ECON 270GS, ECON 271GS
All agribusinesses are impacted by factors external to the firm, such as weather, agricultural policy, macroeconomic events, economic policy, and changes in the legal environment. This course is designed to show how the agricultural and non-agricultural sectors are integral parts of the economy and to provide students with an understanding of the current economic environment, how this may change in the future, and how these factors impact agricultural production and agribusinesses. Course is required in the Agribusiness program but also serves as an elective for other business and non-business degree programs. Sp.
ECON 365 - Quantitative Methods - 3 hours
Prereq: ECON 270GS or ECON 271GS
A course to prepare the student with basic mathematical methods in the field of economics.
ECON 380 - Tourism Economics - 3 hours
Prereq: ECON 271GS
This course features an application of economic theory to the human activities of recreation and tourism. Microeconomics, macro-economics, and economic impact analysis will be packaged so that students might synthesize then apply this information to marketing, promotion, and economic development problems.
ECON 385/820P - Environmental Economics - 3 hours
Prereq: ECON 100GS, or ECON 270GS or ECON 271GS
An economic analysis of the nature of pollution problems from cause to possible solutions. Critically evaluates the role of a market economy in preserving environmental quality.
ECON 395 - Labor Economics - 3 hours
Prereq: ECON 271GS
This course examines the organization, functioning, and outcomes of labor markets; the decisions of prospective and present labor market participants; and the public policies relating to the employment of labor resources.
ECON 398 - Farm and Ranch Management - 3 hours
Prereq: ECON 271GS, BACC 250, passing score on business computer proficiency or completion of BMIS 181 and BMIS 182
This course focuses on the problems faced by farm, ranch, and agribusiness managers, and the decision-making process used in achieving the business's objective of increasing profit or some other desired goal. Focusing on the application of economic principles to the decision making process, this course provides students with experience in decisions of how much, what, and how to produce; examination of how financial statements and budgeting techniques are used in decision making; and the application of risk analysis and management of risk through investment planning and analysis. F.
ECON 430/830P - International Economics - 3 hours
Prereq: ECON 270GS
Introduction to the international economy: the theory of international trade, the balance of payments, economic growth and financial commercial policy.
ECON 435 - Agricultural Finance - 3 hours
Prereq: ECON 271GS, ECON 398*, BACC 250
Financial management in agriculture is concerned not only with the acquisition and use of financial resources, but also the protection of equity capital from various sources of risk. This course focuses on the financial requirements of farms, ranches, and agribusiness firms, and the decision-making process used in evaluating the credit needs and repayment capacity from both the manager's and lenders perspectives. Focusing on the application of economic principles in making financial decisions, this course provides students with experience in evaluating risk by analyzing financial statements, cash flow budgets, and capital budgets, an understanding of the sources of agricultural credit, and acquaints the student with some of the special issues associated with financial management in the agricultural environment. Sp.
ECON 445/845P - Industrial Organization - 3 hours
Prereq: ECON 271GS
This course is concerned with the behavior of firms and the resulting effects on market outcomes and welfare. As such it analyzes firm behavior and market structure within a single industry and discusses the challenges associated with regulation/deregulation of industries and the implementation of antitrust policy.
ECON 465/865P - Economics of Transportation - 3 hours
Prereq: ECON 271GS
Nature, role and regulation of transportation, and current economic, legal and policy problems in the field of transportation.
ECON 475 - Internship - 1-15 hours
Prereq: ECON 270GS or ECON 271GS
A work experience program planned for students preparing for employment in business and industry. The learning situation is organized and supervised cooperatively by the Economics Department and personnel of selected industries. Work experience includes an acceptable type of wage earning employment in business, manufacturing or processing industry approved by the coordinator.
ECON 485 - Senior Seminar - 1 hour
Prereq: ECON 300 and senior standing
This capstone course is designed to allow students to apply economic theory and appropriate methodology to a selected topic. Taught in a seminar style, the course will allow students to demonstrate their knowledge of economics, their ability to write effectively, and their ability to communicate effectively by making a professional-level presentation using best available technology.
ECON 499 - Independent Study and Research in Economics - 1-6 hours
Prereq: none
Individual research under the supervision of a faculty member of the department and approved by the Department Chairman. Topics to be investigated may be tailored to fit the needs of the student.

* This course is the immediate prerequisite. Other preparation is required prior to this immediate prerequisite.

13 Feb 2007