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Economics Course Descriptions

ECON110 - ECONOMICS (3-0-3)
This course is designed to enable the student to understand the functioning of the competitive market. The analysis of the production of goods and services and the method of allocation and distribution is emphasized. Prerequisite (Day): Successful completion of English Sequence. Prerequisite (The Arioch Center): ENGL105 English Composition. Day Sophomore Social Science and The Arioch Center

ECON115 - MACROECONOMICS (3-2-4)
An introduction to the functioning of market economics. National income determination, and the role of labor and capital in the determination of economic aggregates. Public and economic policy associated with unemployment and inflation, and fiscal and monetary policy. Prerequisite: MATH205 College Mathematics I. Day Course.

ECON215 - MICROECONOMICS (3-2-4)
This course involves a study of the choices made by individuals and organizations in the allocation of scarce resources with emphasis on consumer demand and profit maximization of firms, the behavior of firms under conditions of competition, monopoloy-monopoly and imperfect competition, and public policy issues related to the same. Prerequisite: MATH205 College Mathematics I. Day Course.

ECON300 - MONEY AND BANKING (3-0-3)
The course deals with the creation and uses of money and the role of banks. Fiscal and monetary policy, the role of the Federal Reserve, and both foreign and domestic banking policy will be studied. Prerequisite: ENGL105 and COMM200 or ENGL105 and ENGL116. The Arioch Center Course.

ECON355 - CONTEMPORARY ECONOMIC THEORIES (3-0-3)
The course considers a variety of topics in contemporary economics. The student is exposed to significant topics in macro and micro economics. Prerequisite: ENGL105 and COMM200 or ENGL105 and ENGL116. The Arioch Center Course.

ECON414 - INTERNATIONAL ECONOMICS (3-0-3)
This course is a survey of the development of international trade theory and policy. Topics include: The organization and regulation of international trade, GATT, international economic integration, NAFTA, balance of payments and exchange rate determinations. Prerequisite: ENGL105 and COMM200 or ENGL105 and ENGL116. The Arioch Center Course.

ECON415 - INTERNATIONAL ECONOMICS (4-0-4)
This course is a survey of the development of international trade theory and policy. Topics include: The organization and regulation of international trade, GATT, international economic integration, NAFTA, balance of payments, and exchange rate determinations. Prerequisite: Completion of Sophomore Social Sciences requirement and ECON110 Economics. Day upper level SOCL SCI Course

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