Economics

(School of Business and Technology,Management Department)

ECN 2230 Principles of Microeconomics (II) . . . . . 4 cr.
Focuses on the ways economists explain the behavior of individuals, markets direct activities and policy implications flow from economic analysis. Emphasis is less on the development of theories and more on the application of theories. Course examines how developments in other fields,most notably evolutionary psychology, have affected microeconomics. Prerequisite:MTH at 1000 level or permission of instructor.

ECN 2280 Principles of Macroeconomics . . . . . 4 cr.
Addresses "the economy" in the sense of the big picture. Topics covered include national income accounting, the determination of economic activity through consumer spending,business investment, government taxation and expenditure and foreign trade. This course also addresses the issues of fiscal andmonetary policies, inflation and unemployment. Prerequisite: ECN 2230.

ECN 2405 / HON 2405 The World . . . . . 2 cr.
Aims to give students, largely fromthe Upper Midwest, exposure to and an opportunity to analyze current issues fromaround the globe. Since the text is a British publication, it exposes students to foreign perceptions of the United States. Students gain the research skills needed to quickly get additional information on events around the world.

ECN 3322 Medieval European Economic History . . . . . 4 cr.
Focuses on the forces that contributed to the rise of the Western capitalistic systemfroma backwater faced with the threat of chronic famine in 900 A.D. to its current position of world dominance. Course highlights the creation of the economic and social institutions that make up life and demonstrates the fact that the past can serve as a mirror to the present.

ECN 3330 Managerial Economics . . . . . 4 cr.
Focuses on how managers can use economic analysis inmaking decisions. Topics include the theory of consumer behavior, the theory of firm behavior, the theory of behavior under uncertainty, the application of game theory to firm behavior, empirical applications of theories and the role of experimental methods in economic analysis. Prerequisite: ECN 2230.

ECN 3335 Contemporary Healthcare Economic Systems (II,WI) . . . . . 4 cr.
An examination of the economics of health care and healthcare reform. Topics include economic determinants of health, themarkets formedical care, insurance markets, the managed care revolution and the role of government in healthcare. Special attention is given to current issues in healthcare reform.

ECN 3380 Money and Banking . . . . . 4 cr.
An introduction to the role of money and banking in the U.S.economy. Course highlights the role of money in determining economic activity and prices, financial institutions, the Federal Reserve System, capital markets and monetary theory. Prerequisite: ECN 2280.

ECN 3777 Selected Topics in Economics . . . . . 1-8 cr.
An in-depth examination of a topic of current interest. Choice of topic is based on the mutual interest of faculty and students.

ECN 4430 Current Economic Issues (II,WI) . . . . . 4 cr.
Examines a variety of macro- and microeconomics topics currently being debated in the nation. Recent topics have included protectionism vs. free trade, the effectiveness of gun control, the wisdom of public subsidies of sports stadiums and welfare reform. Emphasis is on applying standard economic methodology to real-world issues.

ECN 4445 International Economics . . . . . 4 cr.
Examines evolution of economic theories and policies relating to international trade and finance. Issues such as trade deficits, protectionism, economic unification, state-determined capitalismand international institutions are explored. Emphasis is on current international economic developments. Prerequisite: ECN 2280.

ECN 4555 Economics Internship . . . . . 1-16 cr.
A supervised,off-campus work experience that allows the student to apply concepts and techniques learned in the classroom. Students work with a faculty advisor to design the internship and are evaluated by the advisor, as well as an on-site supervisor. Students may obtain additional information about internships from the Department of Management office. Prerequisite: approval of instructor.

ECN 4777 Selected Topics in Economics . . . . . 1-8 cr.
An in-depth examination of a current economic issue. Topics may relate to any functional area and are chosen based on the mutual interest of faculty and students.

ECN 4880 Senior Seminar . . . . . 4 cr.
The purpose of this course is to sharpen research skills and produce a senior thesis in the economics department. The course develops a framework by which students beginwith a kernel of interest in some broad area and produce a meaningful thesis/paper at the end of the process. Overall, this is a nuts-and-bolts course. It aims to teach a skill - doing quantitative research. Some of the material is informational - where to find good resources to do economics research. Othermaterial applies the discipline to research. Students will be taught some of the former, and there will be emphasis on the latter.

ECN 4999 Independent Study . . . . . 1-8 cr.
The student, with approval of department chair and advisor, selects a particular area of study, which may include research and/or field experience involving a learning situation directly related to economics.