Prerequisite MATH 1100 or MATH 1070. Fundamentals of microeconomic topics including demand, supply, market equilibrium, production and costs, behavior of modern firms, competitive and noncompetitive markets, the role of asymmetric information in decision-making, the role of government in the economy, and international trade and policy. Contemporary economic issues such as minimum wage regulation, housing market, health care regulation, and trade policies will also be discussed.
Principles of Macroeconomics
Prerequisite MATH 1100 or MATH 1070. This course introduces macroeconomic issues such as growth, unemployment, inflation, interest rate, money, exchange rates, and the balance of payments. Macroeconomic policies and global economic issues are also discussed at length. Analytical tools will be used to teach the contemporary economic issues in the United States and other countries and analyze the effectiveness of alternative macroeconomic policies.
Money, Financial System, and the Economy
Prerequisite ECON 2200. This course introduces the functions of money and the role of the monetary system in the U.S. economy. Other topics include the Central Banks, money supply and demand, bond and stock markets, interest rates, global financial and monetary systems, and financial crisis.
Prerequisite ECON 2200 or ECON 2300. This course covers the global economic systems in relation to the U.S. economy. Both monetary and real aspects of the global economy are discussed. Topics include trade theories and policies, patterns of trade, free trade agreements, growth and income distribution under free trade, global financial crisis, international accounting, U.S. current account deficits, exchange rate determination, World Trade Organization (WTO), European Union, and globalization.
Prerequisites ECON 2200, 2300, and DSC 3300. This course uses the basic microeconomics tools to analyze managerial decision-making. Major topics include demand theory, production and cost functions, pricing in competitive and noncompetitive markets, game theory, strategic interactions, forecasting, benefit cost analysis, and non-pricing strategies.
This course focuses on the application of economic concepts in individual and business decision making process. Optimization techniques in dealing with maximization of consumer satisfaction and profit as well as minimization of cost under certain and uncertain conditions are emphasized. It also discusses tools to analyze aggregate economic behavior such as economic growth, money, productivity, inflation, and unemployment.