Courses in Economics & Finance
(All Economics & Finance courses are prefixed with BUS)
Economics
E103 Introduction to Microeconomics (3 cr.)
Scarcity, opportunity cost, competitive and noncompetitive market pricing, and interdependence as an analytical core. Individual sections apply this core to a variety of current economic policy problems, such as poverty, pollution, excise taxes, rent controls, and farm subsidies. Offered every semester.
E104 Introduction to Macroeconomics (3 cr.)
Measuring and explaining aggregate economic performance, money, monetary policy, and fiscal policy as an analytical core. Individual sections apply this core to a variety of current economic policy problems, such as inflation, unemployment, and economic growth. Offered every semester.
E270 Introduction to Statistical Theory in Economics and Business (3 cr.)
Review of basic probability concepts. Sampling, inference, and testing statistical hypotheses. Business applications of regression and correlation theory, time series analysis, analysis of variance, and elementary decision theory. Offered every spring and fall semesters.
E321 Intermediate Microeconomic Theory (3 cr.)
Microeconomics; the theory of demand; theory of production; pricing under conditions of competition and monopoly; allocation and pricing of resources; partial and general equilibrium theory; welfare economics. Credit given for only one: G300 or E321.
E322 Intermediate Macroeconomic Theory (3 cr.)
Macroeconomics; national income accounting; theory of income, employment, and price level. Countercyclical and other public policy measures. Offered fall semester, every two years.
E332 International Monetary Economics (3 cr.)
Theory of exchange rate and balance of payments adjustment, macroeconomic policy in open economies, history and comparison of international monetary systems, and proposals for reform.
E350 Money and Banking (3 cr.)
Monetary and banking system of the United States. The supply and control of money. The impact of money on the U.S. economy. Topics in the application of Federal Reserve monetary policy. Analytical treatment of the Federal Reserve system and the commercial banking industry. Offered spring semesters.
E360 Public Finance: Survey (3 cr.)
Analysis of government expenditures and revenue sources, taxation and capital formation, public debt and inflation, growth in government spending and inter-governmental fiscal relations.
E340 Introduction to Labor Economics (3 cr.)
Economic problems of the wage earner in modern society; structure, policies, and problems of labor organizations; employer and governmental labor relations.
E363 Environmental and Natural Resource Economics (3 cr.)
Prerequisite: E103 and E104. Basic theory and policy of such topics as pollution, resource depletion, environmental risk, and resource conservation. Issues covered include: limits to growth, quality of life, and the appropriate roles for the private market and federal control.
E375 Introduction to Mathematical Economics (3 cr.)
Micro- and Macro-economic concepts in a mathematical setting. Basic application of mathematical concepts to marginal analysis, equilibrium, and optimization. Application of matrix theory to input-output analysis and the solution of economic equilibrium.
E385 The Economics of Industry (3 cr.)
Empirical analysis of market structure and behavior. Location, technology, economies of scale, vertical integration, conglomerates, barriers to entry, and competitive practices. Economic assessment of product performance and environmental impact.
E406 Undergraduate Seminar in Economics (3 cr.)
Discussion and analysis of contemporary economic problems. Different topics offered each semester. May be repeated twice for credit. Papers and written assignments ordinarily required.
E408 Undergraduate Readings in Economics (3 cr.)
Individual readings and research.
E430 International Economics (3 cr.)
Gains from trade, relation between factor rentals and goods prices, distributional effects of trade, tariff policy and quantitative interferences, trade problems of developing countries, discrimination and customs unions, balance-of-payments adjustment via prices and incomes, exchange rate policy, role of international reserves.
E495 Economic Development (3 cr.)
Characteristics of economically underdeveloped countries. Obstacles to sustained growth; planning and other policies for stimulating growth; examination of development problems and experience in particular countries.
Finance
F260 Personal Finance (3 cr.)
Financial problems encountered in managing individual affairs; family budgeting, installment buying, insurance, home ownership, and investing in securities. No credit for juniors and seniors in School of Business.
F301 Financial Management (3 cr.)
Conceptual framework of the firm’s investment financing and dividend decisions; includes working capital management, capital budgeting, and capital structure strategies.
F302 Financial Decision-Making (3 cr.)
Application of financial theory and techniques of analysis in the search for optional solutions to financial management problems.
- Prerequisite: F301.
F303 Intermediate Finance (3)
Rigorous treatment of core concepts of finance for all students with a concentration in finance. In particular, enables you to develop the skills for portfolio optimization, pricing of equity, examining derivatives and fixed income, analyzing market efficiency, and understanding the basis of corporate financial policy. Serves as a foundation for all 400- level finance electives. Offered spring semesters.
- Prerequisite: F301.
F420 Investment (3 cr.)
Conceptual and analytical frameworks for formulating investment policies, analyzing securities, and construction portfolio strategies for individuals and institutions. Offered periodically.
- Prerequisite: F301.
F446 The Management of Commercial Banks & Other Financial Institutions (3 cr.)
The main topics are: 1) the economic role of financial intermediaries, with an emphasis on commercial banks; 2) the evolution of markets in which banks and other financial intermediaries operate; and 3) the regulation of commercial banks and other financial institutions.
- Prerequisite: F301.
F480 Professional Practice in Finance (3-6 cr.)
Work experience is offered in cooperating firms and agencies. Comprehensive written report required. Grades of A, S, or F are assigned by faculty.
- Prerequisite: F301, junior or senior standing in major area, and consent of instructor.
F494 International Finance (3 cr.)
Course topics include the financial management of foreign operations of the firm; financial constraints of the international environment and their effect on standard concepts of financial management; and the study of international currency flows, forward cover, and banking practices. Offered every year.
- Prerequisite: F301.
G300 Introduction to Managerial Economics (3 cr.)
Microeconomic analysis and its applications to business decision making. Includes topics of demand and consumer behavior, production and costs, theory of firms and public policy towards business. Focuses on the applied aspects of microeconomics. Credit given for only one: G300 or E321. Offered every two years.
G480 Professional Practice in Business Economics (3-6 cr.)
Provides work experience in cooperating firm or agency. Comprehensive written report required. Grade of A, S or F assigned by faculty.
- Prerequisite: Junior or senior standing with a concentration in business economics and public policy, and consent of department chairperson.
