Economics (ECON)


ECON 200. Principles of Economics. (3 Credits)

offers a single semester introduction to both Micro and Macro Economics.  Students emerge with a basic understanding of the concepts behind economists’ analysis of labor and product markets as well as business decisions.  They also learn to recognize the perspectives of macroeconomists and evaluate how fiscal and monetary policy may adversely or positively impact the macro-economy. 3 credits.

Prerequisite: None

Offered at: CUW, OL

ECON 222. Macroeconomics. (3 Credits)

presents principles and theories of macro-economics with emphasis on economic policies and their impact on the national welfare. Special attention is given to the application of economic thinking methods to solving the macro economic problems. 3 credits.

Prerequisite: None

Offered at: CUAA, CUW, OL

ECON 231. Microeconomics. (3 Credits)

provides a unifying theme of micro-economics, showing how micro economics is the synthesis of theories, decision sciences, and the various fields of business administration studies. The special emphasis is placed on the interaction between the firm's business strategy and the market structure as the firm attempts to reach optimal performance in the face of economic constraints. 3 credits.

Prerequisite: None

Offered at: CUAA, CUW, OL

ECON 315. Macroecon Crises in History. (3 Credits)

analyzes the causes and consequences of Macroeconomic Crises in history and provides insight into whether or not these crises can be avoided or ameliorated by wise government economic policies.  Particular crises analyzed include the South Sea Bubble, the Great Depression, and the current economic crisis, which is sometimes referred to as the “Great Recession.” 3 credits.

Prerequisite: None

Offered at: CUW

ECON 320. Money and Banking. (3 Credits)

ECON 322. Intermediate Macro Economics. (3 Credits)

explores several theoretical models relating to the determinants of unemployment, inflation, economic growth, and economic stability in a primarily market based economy. Within this framework, the impact of fiscal and monetary policy is explored within the context of the current economic environment. This course is designed to utilize theoretical and mathematical tools that are more advanced than those applied in the introductory macroeconomics course. 3 credits.

Prerequisites: ECON 222.

Offered at: CUW

ECON 325. Ecological Economics. (3 Credits)

addresses the distribution of wealth and the allocation of resources with a goal of efficiency, acknowledgement and rigorous assessment of the scale issue with a goal of optimality. This is what fundamentally distinguishes ecological economics from conventional or neoclassical economics. This business decision and natural science course gives full treatment to the efficiency standard, externalities, sustainability, socio-eco-economic measurement, food, energy, water, poverty, pollution, depletion, population and migration in our economic world. The course ends with a scientific research project that aims to improve both ecological and financial performance, showing clearly that both can be accomplished concurrent. 3 credits.

Prerequisites: ECON 222 and ECON 231.

ECON 331. Intermediate Micro Economics. (3 Credits)

provides a rigorous analysis of consumer preferences as related to the demand for goods and services, as well as the theory of the firm which relates market structure to the supply of goods and services and the efficient allocation of scarce resources. This course is designed to use theoretical and mathematical tools that are more advanced than those applied in the introductory microeconomics course. 3 credits.

Prerequisites: ECON 231.

Offered at: CUW

ECON 332. An Econometric Survey. (3 Credits)

the focus of this course is on the development of analytical tools to support business decision making. Students use multiple regression methods for analyzing data in microeconomics, macroeconomics and related disciplines using the scientific research methodology. Extensions include bivariate linear regression, multivariate regression and nonlinear bivariate and multivariate regression modeling, design of econometric experiments and regression with time series data. The objective of the course is for the student to learn how to conduct – and how to critique – empirical studies in economics and related fields. The mathematical operations of econometrics are introduced only as needed and statistical software input/output is given full treatment.

Prerequisites: BUS 315 or MATH 205, ECON 222 and ECON 231.

Offered at: CUW

ECON 370. International Economics. (3 Credits)

provides an up-to-date and balanced approach to world economic relations by integrating theories of international economics with globally empirical evidence. The special attention is given to the current process of globalization, increasing volume of international trade, foreign direct investments, cross-border lending, and international portfolio investment. 3 credits.

Prerequisites: ACCT 203, ECON 222, ECON 231, FIN 300, MKTG 131.

Offered at: CUW

ECON 490. ECONOMICS. (0 Credits)

ECON 498. Special Topics in Economics. (3 Credits)

offers courses designed to address current areas of interest in economics. Topics for the course may change with each offering and the course is scheduled based on student interest. 3 credits. ED 100: ORIENTATION SEMINAR is a seminar for education majors who are new to the CUW Teacher Education Program. Major components include the basic skills test, corresponding preparatory sessions, majors/minors available in the program, and the clinical field experience program. Students should register for ED 100 their first semester in the education program and must pass this course. This course is pass/fail. 0 credits.

Prerequisite: None