Course Offerings

ECO 3101 Intermediate Microeconomics

Intermediate microeconomics examines how individuals make decisions in a world of scarce resources in a more analytical framework than in economic principles.

This course examines many topics such as:

Consumer and producer responses to price changes
Firm production and profit conditions
Effects of market structure on consumer, producer, and social welfare
Static and dynamic equilibrium analyses

Prerequisites: ECO 2013 & ECO 2023.

ECP 3703 Managerial Economics

Managerial economics examines the managerial decision-making process within firms from an economic perspective.
This course covers topics such as:

Management and business strategies
Risk analysis
Demand estimation and pricing
Forecasting
Competitive behavior and profit maximization

Prerequisites: ECO 2013 & ECO 2023, or equivalent. This course counts towards the economics requirement for both Management and Finance Majors.

ECO 3203 Intermediate Macroeconomics

Intermediate Macroeconomics explores issues like inflation, unemployment, trade & budget deficits and recessions, this course develops models of macroeconomic fluctuation to address the role of fiscal and monetary policy.
This course will address many macroeconomic questions such as:

What mechanisms can cause a domestic currency to strengthen?
Why has the US dollar strengthened recently and why might a stronger dollar result in financial crisis?
What role does inflation and interest rates play in determining financial well-being?

Prerequisites: ECO 2013 & ECO 2023, or equivalent. This course counts towards the economics requirement for both Management and Finance Majors.

ECP 3203 Labor Economics

Labor Economics provides an economic analysis of the labor market. Students will study the demand for and supply of labor, the causes of unemployment, labor market discrimination, what influences the productivity of labor, the effects of labor unions, and the determinants of wages, among other topics.
This course will address many questions related to the labor market such as:

What determines how much a worker gets paid? Do firms discriminate?
How do job seekers conduct an optimal job search?
Do minimum wage laws make workers better off?
Does immigration affect the wages of domestic workers?

Prerequisites: ECO 2013 & ECO 2023, or equivalent.

ECP 3703 Managerial Economics

Managerial economics examines the managerial decision-making process within firms from an economic perspective.
This course covers topics such as:

Management and business strategies
Risk analysis
Demand estimation and pricing
Forecasting
Competitive behavior and profit maximization

Prerequisites: ECO 2013 & ECO 2023, or equivalent. This course counts towards the economics requirement for both Management and Finance Majors.

ECP 4302 Environmental Economics

Environmental Economics examines the interactions between the economy and the environment.
Environmental economics examines many questions, including:

Why are unrestricted markets unable to deal with environmental problems? (Why are things so bad?)
How can market-oriented solutions be used to solve environmental issues? (Why things can get better?)
What can we do about climate change? (And other problems?)

Prerequisites: ECO 2013 & ECO 2023, or equivalent.

Patterns of International Trade

Patterns of International Trade

Patterns of International Trade

ECO 4704 International Trade

This course explores the causes and consequences of international trade. We will investigate why countries trade, what they trade and who gains and loses from trade.

This course covers topics such as:

Patterns of International Trade
Comparative Advantage
Factor Endowments
Offshoring
Trade policy instruments such as tariffs, quotas, voluntary export restrictions
Free trade agreements

Prerequisites: ECO 3101.

ECO 4402 Game Theory and Applications

Game Theory examines how to take strategic decisions under different economic scenarios.

This course covers topics such as:

How to think about strategic games
Decision making under uncertainty and imperfect information
Decision making in repeated games scenarios
Applications of the tools of game theory: How Pentagon applies game theory
How to design labor contracts

Prerequisites: ECO 2023.

ECP 4407 Economics of Entrepreneurship

Economics of Entrepreneurship examines the role of entrepreneurs in the economy and for public policy.

This course examines many questions, including:

What makes an entrepreneur?
How do entrepreneurs add value to society?
What role do entrepreneurs play in driving economic growth?

Prerequisites: : ECO 2013 & ECO 2023.

ECO 4934 Sports Economics

Sports Economics examines the interactions between players, teams, leagues, unions, and governments at all levels.

Sports Economics cover issues like:

Leagues, Free Agents, Drafts, Unions, and Monopsony Power
The NCAA and Amateur Sports-yesterday and today
Limits on player mobility and their consequences

Prerequisites: ECO 2023.

ECO 4430 Analytics of Economic Data

This course provides students with practical tools for analyzing real-world data. Utilizing software such as Stata and Excel, large economic data bases are explored to illustrate many data-oriented tasks, including:

Importing data into spreadsheets and data management
Data presentation
- Create charts, graphs and tables
Generating presentation reports

Prerequisites: ECO 2013 & ECO 2023 and STA 2023

ECO 4106 Behavioral Economics

A common assumption made by economists is that humans make decisions rationally by weighing the benefits and costs. Behavioral economists, through observation and experiments, point out that people sometimes deviate from the predicted economic choice.

Behavioral economics examines:

Cognitive Biases such as:
- Present Bias (why we can’t save enough)
- Loss Aversion (why we hate losing)
- Anchoring (why irrelevant things can impact our decisions)
How People Respond to Fairness
Trust and Happiness

Prerequisites: ECO 2013 & ECO 2023

ECO 4713: International Monetary Economics

International Monetary Economics explores the International monetary system, with special emphasis on the determination of exchange rates, balance of payments and international monetary policies.

This course examines many questions, including:

Why do exchange rates matter and how are they determined under different exchange rate regimes?
Why do countries borrow from and lend to each other?
What are the implications of different exchange rate regimes on the financial sector?

Prerequisites: ECO 3203