Economics -- Undergraduate Courses

Econ 101 Global Economy (3 credits)
A study of basic economic principles presented from a global perspective and focused at individuals with little or no previous economics skills.Topics include: modern economic systems, foreign exchange rates, import and export trade, labor flows, government policy, and consumer behavior and welfare.

Econ 201   Microeconomics Principles    (3 credits - Fall, Spring and Summer)
Price as it allocates resources and distributes income. Theory of firm, supply and demand, economic efficiency, types of competition in markets, marginal productivity and wage determination; public interest in industry, agriculture, labor and individual welfare. Prerequisite Math 102 or equivalent.

Econ 202 Macroeconomic Principles (3 credits - Fall and Spring)
United State economy. Mondey and banking, Federal Reser e policy, national income, government spending, taxation, business fluctuations, and levels of employment and prices. Supply and demand, business organization, world trade, economic growth, and economic systems. Prerequisite: l course from subject MATH, except Math 021, Math 101, Math 100T.

Econ 301  Intermediate Microeconomics    (3 credits - Fall and Spring)
Economic analysis. Pricing process under varying degrees of competitive conditions and role of price in allocation of resources. Income distribution. Prerequisites Econ 201, Math 121.

Econ 302  Intermediate Macroeconomics   (3 credits - Fall and Spring)
Determinants of national income, employment and price level in free enterprise system. Aggregate consumption, investment and government spending. Methods of maintaining a high level of employment and income and related aspects of economic policy. Prerequisites Econ 201, Econ 202, Math 102 or equivalent.

Econ 330  Money & Banking    (3 credits - Fall and Spring)
Money, banking, and credit; financial institutions, their significant functions and policies. Prerequisites Econ 201, Econ 202, sophomore standing.

Econ 370 Marketing (3 credits - Fall, Spring and Summer)
Marketing; market organization and cooperative marketing functions; pricing; efficiency, and role and management of marketing activities. Prerequisite Econ 201.

Econ 405 Comparative Economic Systems (3 credits - Spring)
Philosophy, organization, and operation of various economic systems -- Capitalism, Socialism, Communism, Fascism, etc. Impact of various levels of industrial and agricultural development on the structure of selected economic systems. Prerequisite Econ 201 plus 9 hours of Hist, Econ, PolS, and/or Soc.

Econ 420 Economics of the Public Sector (3 credits)
Governmental operations, policies, and revenues as related to employment, productivity and economic welflare. Alternatives that would affect social services, education, commerce and trade, fiscal polities, and quality of life. Prerequisite Econ 201 or consent.

Econ 423  Statistics II   ( 3 credits - Fall)
Probability, point and interval estimation, tests of hypotheses, multiple regression and correlation, chi-square analysis, and analysis of variance. Prerequisite Stat 281, Math 121 or equivalent.

Econ 428  Mathematical Economics   (3 credits - Fall)
Mathematical methods in introductory calculus and linear algebra. Applications to economic analysis. Static and dynamic partial and general equilibrium models, production functions, activity analysis distribution, cycles, growth, mathematical programming, and mode building. Prerequisite Econ 301, Econ 302, Math 121.

Econ 433  Public Finance   (3 credits - Fall and Spring)
Public revenues and expenditures. Attaining equitable distribution on burdens and benefits. Prerequisites Econ 201, Econ 301.

Econ 491 Independent Study (1-4 credits - Fall and Spring)
|Individual study. May involve case studies, special reports, assigned readings, analysis of data and report preparation. maximu of 4 hours. Prerequisite consent.

Econ 492  Special Topics   (1-4 credit)
Organized by an instructor in consultation with his or her department head and a group of students. A medium through which a specific topic can be pursued. Normally experimental and may be a "one shot deal" for a particular semester and the unique group of students. Maximum: 4 credit hours per semester, 7 credit hours per degree.

Econ 494-495-496  Cooperative Education/Internship/Field Experience  (1-3 credits -Fall, Spring and Summer)
On-the-job experience to supplement knowledge gained in the classroom. Variety and educational value are emphasized. Job description by employer and a written and/or oral report are required. Approval of the experience by internship adviser is required before the activity begins. The student must be registered for credit during the entire internship period. May be repeated to a maximum of 6 credits.

Dual Numbered Courses

Econ 404-504  History of Economic Thought    (3 credits - Fall)
The historical development of economic ideas. Various schools of economic thought and the economic environment which produced them. Prerequisites Econ 301, Econ 302 or consent.

Econ 431-531  Managerial Economics   (3 credits - Spring and Summer)
Applications of microeconomic theory, statistics and other quantitative methods to analysis and solution of decision making problems confronted by managers of agribusiness, commercial and manufacturing enterprises. Topics include economic analysis of demand, production, cost, market structure, government regulation, risk, and capital budgeting. Prerequisites Econ 301, Math 121, Stat 281.

Econ 440-540  Economics of the International Sector (3 credits - Spring)
International flow of trade and balance of payments. Monetary and fiscal policies. Trade controls and their effect upon the agricultural and domestic economies. Significant current developments in trade and finance. Prerequisites Econ 201, Econ 202, Econ 330 or consent.

Econ 450-550  Industrial Organization   (3 credits - Fall)
The elements involved in market power and how they function. How the structure of institutions and conduct of sellers and buyers affect economic performance. Prerequisites Econ 301 and Econ 302 or consent.

Econ 460-560  Economic Development (3 credits - Fall)
Developing and developed national economies. Factors impacting economic development. Role of public policies in development. Agricultural and rural development issues emphasized. Prerequisite 201, 202, or consent.

Econ 472-572   Resource and Environmental Economics   (3 credits - Spring)
Allocation, conservation, and development of natural resources. Environmental economics, water and land use, and methods of evaluating projects and programs. Prerequisite 201.

Econ 476-576   Marketing Research   (3 credit - Offered on demand)
Marketing problems confronting agribusiness and business. Descriptive and analytical techniques in a research methods approach. Marketing research techniques. Prerequisites Econ 370, Stat 341.

Graduate Courses

Econ 601  Economic Study in Industrial Management   (3 credits - Fall)
Intensive study of economic choice and value theory, financial statement and analysis, and financial management. Not open to Economics majors.

Econ 610  Financial Management   (3 credits)
Advanced techniques for managing working capital, capital budgeting, analysis of financial structure and cost of capital, valuation, financial planning and control. Prerequisites BAdm 310, Stat 341, or Math 381 or consent.

Econ 624  Advanced Mathematical Economics   (3 credits - On demand)
Integral calculus, differential and difference equations, optimal control and other methods used to analyze economic dynamics, investment, growth, and other advanced topic in economics. Prerequisite Econ 428.

Econ 701  Research Methods   (2 credits - Spring)
Planning and conducting empirical research in economics; the organization of research; the philosophy and aim of science. Prerequisites two statistics courses or consent.

Econ 703  Advanced Macroeconomics   (3 credits - Spring)
Comparative statics analysis of aggregate income determination; comparison of alternative stabilization policies; modeling of investment and consumption behavior, dynamic analysis of optimal growth. Prerequisite Econ 428 or consent.

Econ 704  Advanced Microeconomics   (3 credits - Fall)
Rigorous analysis of topics topics in microeconomics including: methodology of economic science, economic choice, production, resource allocation, distribution, welfare economics and general equilibrium. Prerequisite Econ 428 or consent.

Econ 705  Econometrics   (3 credits - Spring)
Practice in the application of micro- and macro-economic theory to solutions of real and hypothetical problems. Selection and use of appropriate statistical and other analytical methods suitable for complex problems. Prerequisites Econ 423 and Econ 428 or consent.

Econ 782  Personnel and Labor Relations   (3 credit)
Labor relations, negotiation and arbitration; pay and benefits; hiring, promotion and termination policies; use of testing in the workplace. Prerequisite BAdm 360 or consent.

Econ 792 Graduate Special Topics (1-4 credits)

Econ 798  M.S. Thesis (1-7 credits - as arranged)