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Economics Courses
Below is a list of Economics courses offered by Stevenson University. There is no major in Economics at Stevenson University; however, there are a number of courses in this area that are either required by other majors or that can be used as electives to fulfill the Core Curriculum Requirement in science.
EC 201
Principles of Economics: Macro
This course examines the basic economic principles
of the aggregate economy. Subjects covered include
the essentials of aggregate demand and supply,
government spending and taxation, national income
accounting, analysis of unemployment and
inflation, money and banking, fiscal and monetary
policy, analysis of economic growth, and an
overview of the international economy.
Prerequisites: ENG 151 and MATH 111. Three credits.
This course may be taken concurrently with ENG 151.
(10 Nov 2006)
EC 202
Principles of Economics: Micro
This course examines the basic principles of
economic decision making. Topics include economic
thinking, product market structures, resources
markets, exchange and effi- ciency, market
failures, elasticity concepts, markets and
government policies, income distribution, and
equity in society. Prerequisites: ENG 151 and MATH
111. Three credits. This course may be taken
concurrently with ENG 151. (10 Nov 2006)
EC 321
Money and Banking
This course examines the role and functions of a central bank in achieving the macroeconomic goals of price stability, full employment, financial market stability, and exchange rate stability. Topics include role of money in the economy, role of financial intermediaries and markets in the economy, general history of depository regulation, background on the causes and effects of a financial crisis on the economy, and the effects of the global financial markets on a domestic economy. Prerequisites: EC 201 and EC 202, or permission of instructor. Fall semester. Three credits. (10 Nov 2006)
EC 345
Gender Economics
Economic outcomes and circumstances are markedly different for men and women in the U.S. and internationally. This course examines the differences in education, family, Course Descriptions and career choices and their effects on economic outcomes, such as income and advancement, as well as family outcomes. The differences and their implications will be analyzed using an array of economic models. A comparison between the U.S. and other countries also will be examined. Prerequisite: EC 201 and EC 202. Offered in spring semester of even-numbered years. Three credits. (10 Nov 2006)
EC 430
International Economics
The purpose of this course is to provide a basic understanding of the major issues in the areas of international trade and finance and their implications regarding global welfare. The course is divided into two parts, each highlighting the economic theory and the policy implications. The first part focuses on international trade, where the major theoretical topics discussed include sources of comparative advantage, gains and losses from trade, and trade and growth. Trade policy and implications include the following topics: tariffs, international agreements, quotas, and multilateral trade liberalization. The second part of the course focuses on international finance. The theory part includes topics such as balance of payments, exchange rates, and the international monetary system. Policies regarding exchange rate determination, monetary policy, and current global challenges will also be discussed. Prerequisites: EC 201 and EC 202, or permission of instructor. Fall semester. Three credits. (10 Nov 2006)
EC 450
Urban Economics
Examination of the economic bases for the existence of metropolitan areas. A study of the economy of the metropolitan area; its growth, income distribution, economic stability, and prospects for renewal. An economic analysis of urban problems, with attention given to local, state, and federal policies, including a discussion of New Town planning. Prerequisite: EC 201 and EC 202, or permission of instructor. Offered periodically. Three credits. (10 Nov 2006)
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