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ECN 420 Labor Economics
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Prerequisites:
ECN 295
ECN 296
Examines the following topics: determinants of the demand for and supply of labor; the changing labor force; time-allocation models; wage structure; occupational, industrial and geographical wage differentials; the wage-price unemployment problem; the impact of unionism; the implications of wage-price policies; structural unemployment; the problems of maintaining full employment. | 3 | 0 | 0 | 0 | 0 |
ECN 510 Economic Analysis
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Microeconomics concerns itself with analyzing rational decision-making processes by consumers, producers, competitive firms, monopolistic competitors, oligopolists and monopolistic enterprises. Decision-making processes aim at value-maximization by consumers, factor efficiency and cost-minimization by producers, and profit maximization by sellers. In addition to studying production, distribution and consumer decision, Microeconomics also analyzes rational behavior of factor suppliers whether they be providers of labor, raw materials, parts or services for utility maximization by suppliers and value-product optimization by factor employers. Diverse aspects of buying and selling are then integrated into a general equilibrium model for social optimality. | 3 | 0 | 0 | | |
ECN 512 Analysis of Economics Conditions
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
The primary function of this course is to delve into economic analysis to describe, explain and predict aggregate measures of economic activities such as product, employment/unemployment, inflation, international trade and the balance of payments. The course constructs macro economic models of the economy, based on theory, to explain economic events. The models are then used to apply to and evaluate policy alternatives and actions of governments in their attempt to influence economic outcomes such as keeping inflation in check while achieving fuller employment while trading successfully with economies abroad. | 3 | 0 | 0 | | |
ECN 520 Economic Policy
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Prerequisites:
ECN 510
ECN 512
An analysis of current economic and social problems, such as the role of government in a market-oriented society, externalities, market structure, regulation, anti-trust, and globalization of business. | 3 | 0 | 0 | | |
ECN 530 Economics Ideas in Prospective
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Prerequisites:
A critical overview of some of the most influential thinkers in the history of economic doctrine. | 3 | 0 | 0 | 0 | 0 |
ECN 535 Contemporary Economic Systems
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Prerequisites:
An examination and comparison of the economic, psychological, and philosophical arguments advanced as the rationale for free enterprise, democratic socialist, fascist, etc. systems of economic order. | 3 | 0 | 0 | 0 | 0 |
ECN 540 Financial Economics
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
An introduction to the financial system, which precedes courses in finance and economics. It is designed for three groups of graduate students: those who have not had such an introductory course, those who had such a course several years ago and need a review and for those who have had such a course but for one reason or another did not learn the material well enough. Concepts such as financial intermediation, money, credit, interest rates, valuation are covered in depth. Cash and derivative markets as well as domestic and international finance are grist for our mill. The roll of the monetary authority (Federal Reserve) and its relationship to the financial system is covered. Readings written by the author are also supplied to see how problems arise in the system that can seriously impair that system from optimized economic welfare. | 3 | 0 | 0 | | |
ECN 545 Economics of the Public Sector
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Prerequisites:
ECN 510
or equivalent
The role of the public sector in a market-oriented economy. Efficiency criteria in public decision-making, budgeting, setting of priorities. Economic analysis of the incidence and economic effects, particularly on resource allocation and income distribution of major taxes, including their structures. Problems of intergovernmental relations. | 3 | 0 | 0 | | |
ECN 546 Money and Capital Markets
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Prerequisites:
ECN 510
ECN 512
A flow of funds approach to the study of financial institutions and markets. Analysis of the nature and role of monetary and non-monetary financial institutions. Effects of cyclical and secular changes in business activity. Federal Reserve policies and treasury operations in the financial markets. Inter-working of financial and non-financial markets. | 3 | 0 | 0 | | |
ECN 548 Business Forecasting
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Prerequisites:
MBA 520
or equivalent
(Formerly ECN 520.) A study of the nature, techniques and problems of business forecasting. Indicators of business activity. Short-run econometric forecasting models and the construction of aggregate forecasts and forecasts for major sectors of the economy. Application of aggregate and sector forecasts to particular industries and firms. Long-run predictions. | 3 | 0 | 0 | | |
ECN 564 Practical Issues in Financial Economics
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Prerequisites:
Acquaints students with various critical issues as applied to present day conditions and economic development. | 3 | 0 | 0 | 0 | 0 |
ECN 565 Theory of International Trade
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Prerequisites:
ECN 510
ECN 512
or consent of the instructor.
An approach to the theory of international trade. Topics examined include the determination of the amount and composition of goods and services traded by nations, the terms of trade and changes in the structure of world trade. The impact of international trade on domestic stability, welfare and development. International factor price equalization, location theory and general methods of international economic relations. Qualitative and quantitative trade barriers are also analyzed. | 3 | 0 | 0 | | |
ECN 566 International Monetary Analysis
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Prerequisites:
ECN 565
or consent of the instructor.
An analysis of monetary and financial problems, adjustment mechanisms and policies of international trade. The foreign exchange market, capital flows, the problem of international liquidity. Particular, cyclical, secular and structural disequilibria in balance of payments are examined as are gold movements and the role of national central banks and international monetary agencies. International Monetary Policy analyzes issues, such as underdeveloped nations, debt forgiveness and funding of Third World projects are discussed and the ethical considerations of the human impact of international economic trends are evaluated. | 3 | 0 | 0 | | |
ECN 570 Economic Development
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Prerequisites:
An examination of the fundamental problems of economic development of nations and an analysis of the process of their economic growth. | 3 | 0 | 0 | 0 | 0 |
ECN 575 Resource Economics
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Prerequisites:
A study of the distribution of natural resources. | 3 | 0 | 0 | 0 | 0 |
ECN 580 Introduction to Econometrics
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Prerequisites:
Ordinary least squares, multicollinearity, dummy variables, specification error, autocorrelation and Durbin-Watson test; heleroscedaticity problem; distribution lag model. | 3 | 0 | 0 | 0 | 0 |
ECN 585 Seminar in Monetary and Fiscal Policy
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Prerequisites:
ECN 510
ECN 512
ECN 546
or consent of instructor.
A study of monetary and fiscal policies designed to achieve maximum employment, price stability and economic growth. International interrelationships. | 3 | 0 | 0 | | |
ECN 595 Individual Readings and Research
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Prerequisites:
An intensive study of some special problems in the general area of financial economics. | 3 | 0 | 0 | 0 | 0 |
ECN 599 Master's Thesis
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Prerequisites:
Optional Course. An intensive study of some special problems in the general area of financial economics. | 0 | 0 | 0 | 0 | 0 |
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