Economics Minor

Minor - Economics (Minor)

College Humanities & Sciences

Catalog Year: 2016-2017

Degree Specific Credits: 18

Required Cumulative GPA: 2.0

Economics - Lower-division Core

Rule: All courses are required.

Show All Course Descriptions Course Credits
Show Description ECNS 201S - Principles of Microeconomics
Offered every term.  The nature of a market economy, economic decisions of the household and firm, competition and monopoly, value and price determination, distribution of income and applied microeconomic topics.
 3 Credits
Show Description ECNS 202S - Principles of Macroeconomics
Offered every term.  Prereq., ECNS 201S.  The determination of the level of national economic activity, inflation, economic instability, the role of money and financial institutions, and selected topics in public economic policy.
 3 Credits
Minimum Required Grade: C- 6 Total Credits Required

Economics - Upper-division Core

Rule: All courses are required.

Note: M 115 and M 162 should be taken before enrolling in ECNS 301.

Show All Course Descriptions Course Credits
Show Description ECNS 301 - Intermediate Micro with Calc
Offered spring and  autumn.  Prereq., ECNS 201S and M 162 or equiv. Analysis of consumer behavior, production, factor pricing, externalities and public goods.
 3 Credits
Show Description ECNS 302 - Intermediate Macroeconomics
Offered autumn and spring.  Prereq., ECNS 202S.   Analysis of national income determination, unemployment, and inflation with emphasis on the role of fiscal and monetary policy.
 3 Credits
Minimum Required Grade: C- 6 Total Credits Required

Economics - Upper-division Electives

Rule: Six additional credits of economics classes numbered 300 or above

Note: Students are required to complete STAT 216, Intro to Statistics (or equivalent) with a C- or better before enrolling in ECNS 403, Introduction to Econometrics.

Show All Course Descriptions Course Credits
Show Description ECNS 310 - Intro Health Economics
Offered intermittently.  Prereq., economics course. Survey of market forces that govern the production and consumption of medical care in the U.S. market; uncertainty, asymmetric information, and concentrations of market power resulting in inefficient outcomes. Topics include cost escalations, role of medical insurance, and problems of an aging population.
 3 Credits
Show Description ECNS 312 - Labor Economics
Offered intermittently.  Prereq., ECNS 201S. Economic analysis of labor markets. Theories of wage determination, discrimination and poverty with implications for manpower policy.
 3 Credits
Show Description ECNS 313 - Money and Banking
Offered intermittently.  Prereq., ECNS 202S. Definition and role of money; banks and other financial institutions as suppliers of money; the federal reserve system as a regulator of money; monetary theories, history, and policy.
 3 Credits
Show Description ECNS 320 - Public Finance
Offered intermittently.  Prereq., ECNS 201S. Rationale for governmental expenditure; public goods; public choice. Analysis of expenditure policy. Intergovernmental relations.
 3 Credits
Show Description ECNS 391 - Special Topics
(R-9) Offered intermittently.  Experimental offerings of visiting professors, experimental offerings of new courses, or one-time offerings of current topics.
 1 To 9 Credits
Show Description ECNS 403 - Introduction to Econometrics
Offered autumn.  Prereq., an introductory statistics course.  Quantitative methods in economics with emphasis on regression analysis.
 4 Credits
Show Description ECNS 405 - Game Theory
Offered every other autumn.  Prereq., ECNS 201S. An introduction to the tools of game theory and how they are applied.  In many real-world economic situations, outcomes are jointly determined where one agent's choices will affect another's welfare, and vice versa.  Game theory provides a method of analyzing these economic situations where decisions are interrelated, and each agent recognizes this fact and thus makes decisions strategically.
 3 Credits
Show Description ECNS 406 - Industrial Organization
Offered intermittently.  Prereq., ECNS 201S.  The theoretical basis for public policy solutions to market power. Emphasis on case studies in matters of antitrust, regulation of public utilities, and public ownership of business enterprises.
 3 Credits
Show Description ECNS 431 - International Trade
Offered intermittently. Prereq., ECNS 201 or consent of instr. International trade: theory, policy, institutions, and issues. Analysis of comparative advantage and trade restrictions, negotiations, and agreements.
 3 Credits
Show Description ECNS 433 - Economics of the Environment
Offered intermittently.  Prereq., ECNS 201S. Outlines a theoretical framework for the analysis of environmental problems, including concepts of market failure and externalities, materials balance and property rights. The policy implications of this analytical model are explored for a range of topics including pollution and the preservation of natural environments and species.  Formally cross-listed with EVST 440.
 3 Credits
Show Description ECNS 445 - Int Env Econ & Clim Change
Offered autumn every other year. Same as CCS 445. Prereq., ECNS 201S. An introduction to the economics of various policy approaches towards climate change and other international environmental issues such as trans-boundary pollution problems, international trade and the environment and pollution haven hypothesis.
 3 Credits
Show Description ECNS 450 - Adv. Topics in Economic Dev.
Offered intermittently.  Prereq., ECNS 201S and ECNS 202S, or consent of instructor.  Advanced treatment of the processes of economic growth and development in the less developed world.
 3 Credits
Show Description ECNS 491 - Special Topics
(R-9) Offered intermittently.  Experimental offerings of visiting professors, experimental offerings of new courses, or one-time offerings of current topics.
 1 To 9 Credits
Minimum Required Grade: C- 6 Total Credits Required

Non-economics Required Courses

Rule: All courses are required.

Note: M 115 (or equivalent) and M 162 should be taken before enrolling in ECNS 301.

Show All Course Descriptions Course Credits
Show Description M 115 - Probability and Linear Math
Offered every term. Prereq. M 090 with a grade of B- or better, or M 095, or ALEKS placement >= 3, or ACT score of 22, or SAT score of 520. Systems of linear equations and matrix algebra. Introduction to probability with emphasis on models and probabilistic reasoning. Examples of applications of the material in many fields.
 3 Credits
Show Description M 162 - Applied Calculus
Offered autumn and spring. Prereq., ALEKS placement >= 5 or one of M 121, 122 or 151. Introductory course surveying the principal ideas of differential and integral calculus with emphasis on applications and computer software. Mathematical modeling in discrete and continuous settings. Intended primarily for students who do not plan to take higher calculus.
 4 Credits
Minimum Required Grade: C- 7 Total Credits Required