Economics

An introduction to personal economics decision-making emphasizing individuals' financial choices in building and managing net worth. Topics covered include education and experience, earning and spending, savings and debt, taxes and inflation, insurance, investments, and contracts.

Introduction to the theory of supply and demand, and application of this theory to economic issues such as social security, crime, medical care, poverty, higher education, economic systems, pollution, big business, free trade, the U.S. national debt, and economic growth.

Introduces the evolution of business and entrepreneurship. Course topics provides an opportunity to analyze global, explore the human side of business and examine the functional approach to information technology,  ethical and legal environments of business, human resource management, marketing, operations management and finance. Included in the course is a  view of the contemporary business and management world, the rise of international business management, the significance of small businesses management, the growth of the service sector, and the role of ethics and product quality.

This course introduces basic facts about the operation of the world economy, with particular focus on current issues confronting economies of various countries. The course explores the role of international organizations such as the World Bank and the International Monetary Fund, and will give special attention on major challenges facing policy makers, such as global income inequality, financial crises, environmental challenges, the transition to a market economy, and currency unions.

A study and application of macroeconomic analysis; includes the gross national product, national income, consumption, investment, inflation, economic growth and development, and international applications.

A study and application of microeconomic analysis; includes supply, demand, pricing, consumer choice, and international concerns. Learners will explore the determinants of supply and demand, the characteristics of market equilibrium, the concept of social welfare, and the consequences of price controls, taxation, and externalities on social welfare. Other areas explore include microeconomic theories and concepts used for welfare analysis. The course will also discuss decision making under uncertainty.

This course provides a solid foundation for further study or employment in the financial services industry to introduce the student to money, financial markets, financial institutions, and monetary policy in the economy. Further, the course examines the economic theory and institutions of banking and other forms of financial intermediation markets that channel savings into investment, the economics of financial crises, and the government's interaction with the financial system.

A study and application of planning and organizing personal finances. Topics covered include education and experience, earning and spending, savings and debt, taxes and insurance, and social responsiveness. The class will also discuss how students manage and address the challenges of becoming good stewards of their gifts, talents, time, and resources.

An application of microeconomics tools to decision-making by managers. The course includes the study of the internal and external economic environments of firms for managerial decision-making. Topics include supply and demand, quantitative demand, analysis, production and costs, market structures, game theory, pricing strategies, organization of firms, and social perspectives on managerial decision making.

A study of monetary economics: fluctuations of money, determinants on money supply and demand, the study of financial institutions, determinants of interest rates, principles and practice of banking and financial intermediaries, the formation of monetary policy, the Federal Reserve System, and international monetary forces.

An introduction to the economics of life-saving and investing decisions. Includes an introduction to financial institutions involved in saving and investing, operation and properties of stock, bond, and real estate markets, the role of tax laws and practices in life-saving and consumption decisions, time value of money principles, saving to achieve personal goals, rate of return and risks of alternative investments.

This course introduces the field by applying economic principles and analysis to labor markets. There is a shared focus on theoretical foundations and practical applications. Topics will include: demand for labor, the supply of labor, human capital, compensating wage differentials, productivity, public policy related to labor market outcomes, unions, and unemployment

Unique health care as economic good, health care market, and its participants, including hospitals, patients, physicians, and financing and delivery of personal health care in the United States other countries.

A survey of international trade and finance theory and practice worldwide. Includes an examination of problems of developed and less developed countries in the world economy, globalization, international comparison of standards of living, theories of international exchange, currency markets, balances of international payments, trade policies, transitions from socialism, international economic institutions, regional economic integration, and international economic crisis.

Introduces economic analysis to evaluate the impact of alternative legal rules. Particular emphasis is given to public policy implications of using economic efficiency as the criterion by choosing between potential rules in the traditional common-law areas of property law, contract law, and tort law.

A study of Advanced economics related to the firm and other individual decision-making units in the economy. Students will explore pricing policy, supply and demand issues, and economic drivers of consumer decision processes. Students will discuss the topics in the context of practical business settings.

A study of Advanced economic issues related to the economy as a whole. Topics include gross national product, national income, consumption, investment, inflation, and economic growth. Students will examine the issues in the context of current domestic and global economic policies.

An internship is a directed internship in law, business, government, economic consulting, or the non-profit sector to obtain pratical and applied business experience. While completing an internship is not a graduation requirement with a major in economics, gaining practical experience through the completion of an internship in an approvedwork-place is highly recommended. The course is available each 8-Week Term.