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ECN 5000 Economics for Teachers I
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
An overview of both the micro and macro economy, including international trade the financial system. The examination of the related databases, such as the National Income and Product Accounts and the Flow of Funds Accounts. | 3 | 0 | 0 | | |
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ECN 5050 Basic Economic Analysis
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
A study in the fundamental concepts and methods of economic analysis with some emphasis on the determination of the size and composition of national income in a market economy; international trade and finance; and current economic systems. | 3 | 0 | 0 | | |
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ECN 5060 Economics for Teachers II
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Conceptual approach to the micro and macro economy with an emphasis on the theoretical relationships and their applications to policy. A review of the relevant social accounts. | 3 | 0 | 0 | | |
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ECN 5070 Business Enterprise and Public Policy
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
An examination of the role of public policy and legislation shaping and controlling the institutions and practices of private enterprise with special reference to the United States. The general nature of private enterprise. The effects of tax policies, labor legislation, antitrust laws, regulation of public utilities, and government ownership. | 3 | 0 | 0 | | |
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ECN 5100 Economic Analysis of Enterprises
| 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 | | |
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ECN 5120 Analysis of Economic 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 | | |
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ECN 5150 Quantitative Foundations of Economic Analysis
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Sets, the axioms of algebra, equations, functions and series. Compound interest. The fundamentals of differential and integral calculus. The elements of linear algebra and linear programming. The structure and reduction of mathematical models in economics. | 3 | 0 | 0 | | |
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ECN 5200 Economic Policy
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Prerequisites:
ECN 5100 (Minimum Grade of C, May not be taken concurrently)
ECN 5120 (Minimum Grade of C, May not be taken concurrently)
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 | | |
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ECN 5210 Labor Economics
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
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 | | |
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ECN 5220 Urban Economics and Planning
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Application of economic analysis to urban goals, problems and interactions. Course topics include: growth, income levels, income distribution and stability in urban economy; employment, poverty, and local finance; transportation, housing, and land use; interactions and opportunity cost of goals; problems and solution in terms of labor markets; the price system; multipliers, and industrial and occupational mix; interrelationships of physical planning and financial and socioeconomic constraints; patterns of governmental support for urban renewal and development. | 3 | 0 | 0 | | |
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ECN 5300 Economic Ideas in Perspective
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
A critical overview of some of the most influential thinkers in the history of economic doctrine. | 3 | 0 | 0 | | |
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ECN 5350 Contemporary Economic Systems
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
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 | | |
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ECN 5400 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 | | |
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ECN 5450 Economics of the Public Sector
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Prerequisites:
ECN 5100 (Minimum Grade of C, May not be taken concurrently)
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 | | |
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ECN 5460 Money and Capital Markets
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Prerequisites:
ECN 5100 (Minimum Grade of C, May not be taken concurrently)
ECN 5120 (Minimum Grade of C, May not be taken concurrently)
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 | | |
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ECN 5480 Business Forecasting
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Prerequisites:
MBA 5200 (Minimum Grade of C, May not be taken concurrently)
(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 | | |
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ECN 5500 Advanced Microeconomics Analysis I
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
The theory of consumer behavior and demand. The theory of the firm. Partial and general equilibrium under pure competition. | 3 | 0 | 0 | | |
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ECN 5600 Advanced Macroeconomic Analysis I
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Macroeconomic variables and their measurement. Classical and Keynesian theories of the determination of income, employment, and the price level. Aggregate demand; the consumption function and the theory of investment. | 3 | 0 | 0 | | |
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ECN 5610 Analysis of the Household Sector
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Prerequisites:
ECN 5600 (Minimum Grade of C, May not be taken concurrently)
In-depth analysis of the role of the household in the economy as consumer and supplier of productive resources. | 3 | 0 | 0 | | |
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ECN 5640 Practical Issues in Financial Economics
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Acquaints students with various critical issues as applied to present day conditions and economic development. | 3 | 0 | 0 | | |
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ECN 5650 Theory of International Trade
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Prerequisites:
ECN 5100 (Minimum Grade of C, May not be taken concurrently)
ECN 5120 (Minimum Grade of C, May not be taken concurrently)
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 | | |
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ECN 5660 International Monetary Analysis
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Prerequisites:
ECN 5650 (Minimum Grade of C, May not be taken concurrently)
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 | | |
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ECN 5700 Economic Development
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
An examination of the fundamental problems of economic development of nations and an analysis of the process of their economic growth. | 3 | 0 | 0 | | |
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ECN 5750 Resource Economics
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
A study of the distribution of natural resources. | 3 | 0 | 0 | | |
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ECN 5800 Introduction to Econometrics
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Ordinary least squares, multicollinearity, dummy variables, specification error, autocorrelation and Durbin-Watson test; heleroscedaticity problem; distribution lag model. | 3 | 0 | 0 | | |
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ECN 5810 Advanced Money and Capital Markets
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Prerequisites:
ECN 5800 (Minimum Grade of C, May not be taken concurrently)
Advanced course in money and capital market. This course examines new processes and products in the financial system such as securitization and financial derivatives. | 3 | 0 | 0 | | |
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ECN 5850 Seminar in Monetary and Fiscal Policy
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
A study of monetary and fiscal policies designed to achieve maximum employment, price stability and economic growth. International interrelationships. | 3 | 0 | 0 | | |
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ECN 5900 Survey of Austrian Economics
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
An introduction to the school of thought called Austrian School of Economics reaching back to its roots in the Salamanca School and its 19th Century beginnings with Carl Menger and Eugen von Boehm-Bawerk, to Ludwig von Mises and Friedrich von Hayek. This course will also analyze the relevancy of Austrian School Economics with modern economic reality. | 3 | 0 | 0 | | |
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ECN 5950 Individual Readings and Research
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
An intensive study of some special problems in the general area of financial economics. | 1 | 0 | 0 | | |
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ECN 5990 Master's Thesis
| Credit Hours | Recitation/Lecture Hours | Studio Hours | Clinical Hours | Lab Hours |
Optional Course. An intensive study of some special problems in the general area of financial economics. | 3 | 0 | 0 | | |
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