Economic Courses II

ECO 112 WEB APPLICATIONS: CIS AND ELECTRONIC COMMERCE

(also CIS 112) Lab Fee-$50.00. 3 credits

ECO 200 INTRODUCTORY ECONOMICS

(formerly ECO 100)

The primary goal of the course is to produce better informed citizens. After studying introductory economics, students can better comprehend the news they hear, can make better decisions as they go about their lives and can make better choices when they enter the voting booth. In addition to the basic principles of economics, students will be exposed to both macro- and microeconomics. 3 credits

ECO 251 MACROECONOMICS

(formerly ECO 151)

This course is the study of the economy as a whole. It considers the problems of inflation, unemployment, business cycles and growth. It focuses on aggregate relationships such as how household consumption is related to income and how government policies can affect growth. 3 credits

ECO 252 MICROECONOMICS

(formerly ECO 152)

This course encompasses the study of individual choice, and how that choice is influenced by economic forces. Microeconomics studies such things as the pricing policies of firms, households' decisions on what to buy and how markets allocate resources among alternative ends. Topics include: foundations of supply and demand, market structure and policy and factor markets. 3 credits

ECO 310 FUNDAMENTALS OF RISK MANAGEMENT AND INSURANCE

Study of risk management and insurance from the consumer's perspective. Students will examine the pervasive nature of pure risk on the individual and on society and understand the way in which insurance can be used to deal with the problems posed by such risks. Topics include: risk identification and management, structure and analysis of insurance contracts and various types of insurance policies. 3 credits

ECO 312 FUNDAMENTALS OF REAL ESTATE INVESTMENT

This course provides a broad introduction to real estate with a focus on financing issues. Topics covered include: basic project evaluation, financing strategies and capital markets issues related to real estate. 3 credits

ECO 315 MONEY, BANKING AND FINANCIAL MARKETS

(formerly ECO 215; formerly Money and Banking)

Study of money, banking and financial markets in the global context. Topics include: Banking in the digital age, domestic and international financial markets, central banking, monetary policy and the Federal Reserve System. Prerequisite: ECO 200 or ECO 251. 3 credits

ECO 320 INTERNATIONAL ECONOMICS

(formerly ECO 220)

An examination of international trade and international financial relations to assist students in understanding the impact of international economic matters on the domestic economy. Topics include: U.S. commercial policy, international and regional trade organizations, international currency systems and monetary approach to balance of payments. Prerequisite: ECO 315. 3 credits

ECO 321 INTERNATIONAL FINANCIAL MARKETS

This course focuses on international financial markets and exchange rates. Topics include: pricing in the foreign currency and Euro-currency markets, use of forward exchange for hedging, short-terms returns and market efficiency in the international money market, foreign currency options, international capital asset pricing, pricing of foreign currency bonds, swaps, derivatives, Euro-currency syndicated loans, foreign currency financing and exposure management. Prerequisites: ECO 315, MAT 115. 3 credits

ECO 325 FUNDAMENTALS OF INVESTMENT PLANNING

This course is designed to acquaint the student with the concepts of portfolio analysis in the general area of personal investment planning. Topics include: securities, mutual funds, stock markets, portfolio management and bond valuation. Prerequisite: ECO 315. 3 credits

ECO 330 FUNDAMENTALS OF RETIREMENT AND ESTATE PLANNING

This course gives students the tools and techniques of retirement and estate planning. Broad topics include: pensions and deferred compensation, life, health and other benefits, wills, probates and trusts. Prerequisite: ECO 325. 3 credits

ECO 390 TOPICS IN ECONOMICS

(formerly ECO 296)

In-depth study of topics not included in the regular curriculum cycle. Title of the course will be announced prior to the term offered. Prerequisite: Junior or Senior Status, approval of Director of Undergraduate Programs in Business. This course may be repeated for credit. 1-3 credits

ECO 470 INDEPENDENT STUDY

Independent study in an area approved by the Chairperson for students with a minimum index of 3.0. The student works under the guidance of a member of the Business Management Faculty. (Offered upon request) 1-3 credits