2016-2017 Undergraduate Academic Catalog

ECON-3335 Intermediate Microeconomics –Fa 3 hours Microeconomics is a study of economic principles that explain how our market-directed economy organizes and coordinates production and exchange. The principles explain a wide variety of economic and social phenomena. The course studies basic economic units, households and firms, and the equilibrium through exchange among competing and cooperating people. Prerequisites: ECON-2330 Microeconomics; GMTH-1020 College Algebra; or permission of instructor. ECON-3340 History of Economic Thought 3 hours Principal figures in the development of economic ideas and the contribution of each period of economic thought from the mercantilist to the present. Prerequisite: ECON-2330 Microeconomics; or permission of instructor. ECON-3345 Intermediate Macroeconomics –Sp 3 hours This course will expand on macroeconomic principles to provide an analytical framework for understanding business cycles and associated short run economic fluctuations, long- run correspondence with classical exonomic theory, as well as growth theory. Macroeconomic policy debates will be reviewed with the analytical tools developed. Prerequisites: ECON-2340 Macroeconomics; GMTH-1020 College Algebra; or permission of instructor.. ECON-3350 Comparative Economic Systems –Fa 3 hours Analysis of different types of economic systems. Special emphasis is placed on centralized planning from both a theoretical and empirical perspective. Centralized economic planning is compared and contrasted with a free-market distribution of resources. Individual country case studies are included. Prerequisite: ECON-2330 Microeconomics or permission of instructor. ECON-3360 International Trade and Economics –Fa 3 hours A study of international economic theory and international trade policy. The economic basis of trade and factor mobility, the benefits of international trade, and the barriers to international trade flows will be examined. Prerequisite: ECON-2330 Microeconomics or permission of instructor. ECON-3375 Mathematical Economics –Sp 3 hours Mathematical Economics presents the mathematics required for studying economics at the graduate level. Mathematical concepts are developed in the context of economics and applications are drawn from a wide range of fields in economics including microeconomics, macroeconomics, and economic growth. The main focus of this course is on optimization; therefore the course will focus on single and multi-variable calculus techniques to provide tools to analyze economic problems. Prerequisites: ECON- 2330 Microeconomics; ECON-2340 Macroeconomics; ECON 3335 Intermediate Microeconomics; MATH-1710 Calculus I. (odd years) ECON-3380 3 hours Economic Development and Political Economy –Sp A study of the interaction of political and economic systems to produce economic development and growth of nation states. A framework for analysis of development is explored and applied to specific case studies of both industrial and developing economics that have recently undergone significant change. Prerequisite: ECON-2330 Microeconomics; or permission of instructor. ECON-3390 Public Finance –Fa 3 hours A consideration of the financing of local, state, and federal governments. Much attention is given to three functions of government: stabilization, distribution, and allocation. All major taxes that are present in the United States are studied as to structure, revenue gained, and present status. Crosslisted as PUAD. Prerequisite: ECON-2330 Microeconomics; or permission of instructor. (even years) ECON-3410 Topics in Business –Fa, Sp, Su 1–3 hours A variety of courses are covered under this heading on an experimental basis. This allows the department to meet the changing needs of the students without formally adding or dropping courses. Crosslisted with BUS. ECON-4110 Introduction to Econometrics –Sp 3 hours Econometrics is a set of research tools used to estimate and test economic relationships. The methods taught in this introductory course can also be employed in the business disciplines of accounting, finance, marketing, and management and in many social science disciplines. The aim of this course is to provide you with the skills helpful in filling the gap between being a student of economics and being a practicing economist. By taking this introduction to econometrics, you will gain an overview of how statistical techniques can increase understanding of how economic variables are related. Prerequisites: ECON- 2330 Microeconomics; ECON-2340 Macroeconomics; ECON 3335 Intermediate Microeconomics; GSS-3650 Quantitative Methodology or BUS-2150 Statistics for Business; MATH-1710 Calculus I. (even years) End-User Information Systems (EUIS) EUIS-1000 3 hours Word Processing Concepts and Applications Designed to develop a working knowledge of word processing software and hardware components and to apply these concepts to various software applications. The student will create, format, edit, store, retrieve, and print different types of documents as well as apply advanced features of the software to expand basic documents. Also an overview of the current operating system. EUIS-1010 3 hours Presentation Graphics Concepts and Applications –Sp Designed to explain basic concepts of graphics software, give detailed information about the types of graphics that are available and when to use each type, demonstrate how to create each of the major types of graphics, and teach basic design concepts. EUIS-2010 3 hours Spreadsheet and Database Concepts and Applications –Sp Designed to identify concepts and terminology used with electronic spreadsheets and to identify tasks that can be accomplished with spreadsheet software. The students will be able to use the computer to create, format, edit, store, retrieve, and print worksheets, graphs, and charts. The course will also introduce the student to database management systems. Fundamentals of database management concepts will be covered using a microcomputer database application package. Topics will include table design, query, maintenance, and reports. Prerequisite: ITM-1510 Software Tools for Business. EUIS-2200 Desktop Publishing 2 hours Writing, assembling, and designing publications commonly found in businesses, such as newsletters, brochures, reports, and promotional materials using PageMaker software. Finance (FIN) FIN-1710 Personal Finance –Fa, Sp 3 hours This course is designed to educate and inform the undergraduate student about personal finance, with the view towards practical application, both currently and upon graduation. The course integrates principles of personal finance with biblical principles. Topics include: biblical stewardship, work, financial planning, budgeting, giving, taxation, use of credit, investments, asset protection, retirement and estate planning. (This course is a general elective course.) Page 212 2016–17 Undergraduate Academic Catalog Course Descriptions ECON-3335 – FIN-1710 BUSINESS ADMINISTRATION