Courses ECN 1000­1199 are Pathway courses, for which there are no prerequisites. Courses ECN 1200­1299 are required courses with specified prerequisites. Courses ECN 1300­1499 are upper-level elective courses with specified prerequisites; exceptions to these may be granted with the instructor's permission.
ECN 1001 Economic Problems and Perspectives	4 QH
Studies the economic concepts and methods that are useful to an informed citizen for an understanding of modern social issues such as unemployment, inflation, poverty, crime, the environment, medical care, and international competitiveness. Not recommended for students who have completed either ECN 1115 or ECN 1116. (Core Category II) (Pathway)
ECN 1007 College: An Introduction	1 QH
Intended for freshmen in the College of Arts and Sciences. Seeks to introduce freshmen to the liberal arts in general, as well as to familiarize them with their major; help them develop the academic skills necessary to succeed (e.g., analytical ability and critical thinking); provide grounding in the culture and values of the University community; and help them develop interpersonal skills-in short, to familiarize students with all skills needed to become a successful university student.
ECN 1115 Principles of Macroeconomics	4 QH
Introduces macroeconomic analysis. Topics include the flow of national income, economic growth and fluctuation, the role of money and banking, and monetary and fiscal policies. Emphasizes the development of conceptual tools to analyze the economic problems facing modern society. (Core Category II) (Pathway)
ECN 1116 Principles of Microeconomics	4 QH
Focuses on development of basic theory of demand, supply, and market price. Explores applications to selected microeconomic problems, such as basic monopoly and competition, and other issues that relate to the role of the pricing system in resource allocation and income distribution. (Core Category II) (Pathway)
ECN 1130 Health Care and Medical Economics	4 QH
Examines health-care trends in the United States; medical care expenditures; the impact of medical care on health, morbidity, and mortality; CPI and MCPI; the role of gatekeepers; markets for medical care, health insurance, physicians, and nurses; DRGs, HMOs, CONs; the politics of health care; national health insurance; extended-care facilities; life care plans; consumer responsibilities; "Date to be 100"; and health-care quality.
(Core Category VI) (Pathway)
ECN 1140 Economics of Crime	4 QH
Covers economic analysis of crime and the criminal justice system. Topics include theoretical and empirical analysis of the economic causes of criminal behavior, the social costs of crime and its prevention, and design of enforcement policies. (Core Category VI) (Pathway)
ECN 1170 Economic Issues in Minority Communities	4 QH
Examines the economic conditions of nonwhite minorities within the United States economy. Includes historical and cultural materials as well as specific theoretical and empirical analysis of the economic problems confronting minority communities. Same as AFR 1161. (Core Category VI) (Pathway)
ECN 1171 Women in the Labor Market	4 QH
Focuses on economic analysis of the labor market position of women in the context of the changing economic structure and labor market institutions. Analyzes female labor force participation differences; male/female differentials in earnings and unemployment; occupational concentration, occupational segregation, theories and evidence of sex discrimination; and new opportunities for women. (Pathway)
ECN 1180 Industrial Organization and Public Policy	4 QH
Presents an analytic framework and empirical study of how the structure of industrial organization and conduct of sellers and buyers affects economic performance and welfare. Includes industrial examples and case studies. Examines antitrust as a public policy designed to promote better market performances. Prereq. ECN 1116 or any three economics courses (excluding ECN 1250). (Core Category VI) (Pathway)
ECN 1181 Economics of Art and Culture	4 QH
Presents an overview of the economic aspects of art and culture. Examines the production and consumption of art and culture and the role of the public and private sectors. Topics include: consumer demand, economic models of nonprofit cultural organization, competition and market structure in the arts, artists as members of the labor force, productivity issues in the performing arts, public support for the arts, and the role and impact of public and private subsidies. (Core Category VI) (Pathway)
ECN 1190/IAF 1190 The Global Economy	4 QH
Introduces the history, structure, and growth of the international economy. Considers dimensions of global economic interdependence, including population, foreign investment, and environmental spillovers. Analyzes a few key economic issues of current importance for major regions of the world, such as economic integration in Western Europe or the emergence of the East Asian dragons. (Core Category VI) (Pathway)
ECN 1191/IAF 1330 Development Economics	4 QH
Explores prospects for economic growth and development in poor nations as indicated by economic analysis and historical experience; social, cultural, and institutional determinants of growth; analysis of agriculture and development; the role of technological change; population; and foreign trade. (Core Category V) (Pathway)
ECN 1192 American Economic History	4 QH
Studies economic development of the United States from the colonial period to the present, historical changes in economic institutions and technologies, with special attention to preconditions of industrialism; the American Industrial Revolution, its spread and socioeconomic consequences; the Great Depression and the subsequent rise of mixed economy and welfare state; and United States adjustments to postwar economic changes. (Pathway)
ECN 1193 European Economic History	4 QH
Discusses the economic inheritance of the nineteenth-century development of capitalism and laissez-faire; the aftermath of the Industrial Revolution, European overseas expansion, the world wars, and the dissolution of empires; American economic conquests and European integration; the future of less developed areas in southern Europe; environmental impact of industrialism and the implications of technological society. (Core Category III) (Pathway)
ECN 1215 Macroeconomic Theory	4 QH
Investigates the conceptual and empirical problems of creating and using national accounts, price index problems, conceptual and empirical evaluation of consumption and investment func-tions and their policy implications, multiplier and accelerator models, and recent cyclical fluctuations. Analyzes theories of inflation, unemployment, and growth in the light of recent economic history. Prereq. ECN 1115 or two Pathway courses, and MTH 1114 or equivalent.
ECN 1216 Microeconomic Theory	4 QH
Examines supply-and-demand analysis, various elasticity concepts and applications, theories of demand and production, and derivation of cost curves. Analyzes pricing and output behavior in the several market structures with their welfare implications and the pricing of resources. Prereq. ECN 1116 or two Pathway courses, and MTH 1114 or equivalent.
ECN 1220 History of Economic Thought	4 QH
Traces the evolution of Western economic thought. Covers several important schools in economics, examining the questions economists raise and analytical methods they use to study human behavior. Prereq. ECN 1115 and ECN 1116 or any three economics courses (excluding ECN 1250).
ECN 1250 Statistics	4 QH
Discusses basic probability, descriptive statistics, estimation techniques, statistical hypotheses, sampling, analysis of variance, correlation, and regression analysis in the context of economics. Computer applications are an integral part of this course. Economics majors who have earned credit for ECN 1250 may not receive credit for MSC 1200 or MTH 1152.
ECN 1260 Applied Econometrics	4 QH
Examines research methods used by practicing economists. Discusses typical problems from applied areas of economics, including choice of modeling framework, problems of data collection, review of estimation techniques, interpretation of results, and development of static and dynamic adaptive policy models. Prereq. ECN 1115 and ECN 1116 or any three economics courses (excluding ECN 1250), and ECN 1250.
ECN 1310 Labor Economics	4 QH
Focuses on economic analysis of the labor market and the labor force. Topics include the supply, development and efficient use of human resources; wage determination; the changing occupational and industrial structure; causes, nature and incidence of unemployment; the economic impact of unions, related labor market institutions, and relevant public policies. Prereq. ECN 1115 or ECN 1116 or any three economics courses (excluding ECN 1250).
ECN 1314 Economics of Education and Human Capital	4 QH
Explores theoretical and empirical treatment of economic issues related to education and job training, including formal education (preschool through postsecondary), vocational education, on-the-job training, and government-sponsored employment and training programs. Emphasizes follow-up studies, cost-effectiveness analysis, and benefit-cost analysis for determining the effectiveness of education and training investments from a private and social standpoint. Prereq. ECN 1116 or any three economics courses (excluding ECN 1250).
ECN 1315 Income Inequalities and Discrimination	4 QH
Focuses on economic analysis of income inequalities, poverty, and discrimination. Examines the causes of income inequality and the nature, causes and effects of poverty; economics of racial discrimination; and public welfare system and other income maintenance schemes. Prereq. ECN 1115 or ECN 1116 or any three economics courses (excluding ECN 1250).
ECN 1320 Urban Economics	4 QH
Studies urban growth and development, intermetropolitan location of business firms, regional shifts in economic activity, intrametropolitan location of firms and households, and land-use patterns. Prereq. ECN 1116 or any three economics courses (excluding ECN 1250).
ECN 1321 Urban Economic Problems and Policies	4 QH
Continues ECN 1320 but may be taken separately. Focuses on economic analysis of selected urban problems such as housing, poverty, transportation, education, health, crime, and the urban environment. Discusses public policies relating to such problems. (Core Category VI) Prereq. ECN 1116 or any three economics courses (excluding ECN 1250).
ECN 1322 Economics of Transportation	4 QH
Covers transportation and land-use patterns; externalities; social costs and social benefits of various modes of transportation, ownership, regulations, and financing of various modes of transportation; and economics of new technology in transportation. Prereq. ECN 1116 or any three economics courses (excluding ECN 1250).
ECN 1323 Environmental Economics	4 QH
Applies the tools of economics to environmental issues. Explores taxonomy of environmental effects; externalities; the commons problem; taxation, regulations, marketable permits, and property rights as a solution; measuring benefits of cleaner air and water, noise abatement, and recreational areas; global issues including tropical deforestation and acid rain; the relevance of economics to the environmental debate. Prereq. ECN 1116 or any three economics courses (excluding ECN 1250).
ECN 1334 Comparative Economics	4 QH
Emphasizes competing types of theoretical economic systems; analysis of organization and operation of currently existing types of communist, socialist, and capitalist economies; comparison and evaluation of economic behavior and performance of different economic systems. Prereq. ECN 1115 and ECN 1116 or any three economics courses (excluding ECN 1250).
ECN 1335 International Economics: Finance	4 QH
Introduces the workings of foreign exchange markets, balance of payments, fiscal and monetary policy in an open economy under different exchange rate regimes, international capital movements, and the international monetary system. Prereq. ECN 1115, or any three economics courses (excluding ECN 1250), or permission of instructor.
ECN 1336 International Economics: Trade	4 QH
Examines trade theories and patterns, impact of trade on domestic factor prices, factor movements, and terms of trade. Explores welfare implications and political economy of alternative trade policies, such as free trade, tariffs, quotas, and custom unions. Prereq. ECN 1116 or any three economics courses (excluding ECN 1250) or permission of instructor.
ECN 1340 Government Expenditures: Structure and Evaluation	4 QH
Covers fiscal functions of government, fiscal institutions and politics, theory of social goods, public expenditure growth and structure, federal budget expenditure evaluation and cost-benefit case studies, fiscal federalism in theory and practice, and issues of public debt and deficit. Prereq. ECN 1116 or equivalent or any three economics courses (excluding ECN 1250).
ECN 1341 Financing of Government: Taxation and Debt	4 QH
Considers principles of taxation; problems of tax structure and reform at federal, state, and local levels; tax incidence; effects of taxation on economic efficiency and growth; negative income tax and social security finance; issues of public debt and deficit. Prereq. ECN 1116 or equivalent or any three economics courses (excluding ECN 1250).
ECN 1342 Money and Banking	4 QH
Studies the nature and the functions of money, credit, and the role of financial organizations in the United States economy. Emphasizes theories of banking, money supply, and monetary policy. Prereq. ECN 1115 or equivalent or any three economics courses (excluding ECN 1250).
ECN 1353 Introduction to Mathematics for Economists	4 QH
Introduces basic tools of mathematics, matrix algebra, differential and integral calculus and classical optimization, with special reference to economic applications. Prereq. ECN 1115 and ECN 1116 or any three economics courses (excluding ECN 1250).
ECN 1360 Managerial Economics	4 QH
Explores the application of economic principles and theory, by the use of case studies, to the solution of decision-making problems in such areas as demand forecasting, price policies, estimation and control of costs, financing of capital investments, and responses to government taxation and regulation policies. Prereq. ECN 1116 or any three economics courses (excluding ECN 1250).
ECN 1361 Social Control of Economic Activities	4 QH
Focuses on the development of the government's role in economic activities, examining the relationships between the government and industry, labor, agriculture, public utilities, and consumers. Traces the changing role of the government from a laissez-faire policy to one of direct intervention in the economy. Covers such topics as wage and price control, environment and antipollution policies, consumer protection, and conglomerate mergers. Prereq. ECN 1116 or any three economics courses (excluding ECN 1250).
ECN 1415 Selected Topics in Macroeconomics	4 QH
Studies macroeconomic issues. Prereq. Permission of instructor.
ECN 1416 Selected Topics in Microeconomics	4 QH
Studies microeconomic issues. Prereq. Permission of instructor.
ECN 1470 Economics Is What Economists Do	1 QH
Provides students with an understanding of what it is that economists do and what the future may hold for them. Consists of presentations by faculty on their research, by members of the Department of Cooperative Education on cooperative education employment opportunities, by representatives from Career Services and alumni of the Department of Economics on permanent employment opportunities and experiences, and by representatives of relevant graduate and professional schools for students to explore future educational opportunities. Prereq. Nonfreshman status; economics major or minor.
ECN 1481 Directed Study	1 QH
Offers independent work on a chosen topic under the direction of a faculty member of the department. Should only be used to fulfill economics electives. Up to four quarter hours per offering, with an eight quarter-hour maximum. Prereq. Qualified senior economics majors and approval of department chair.
ECN 1482 Directed Study	2 QH
Offers independent work on a chosen topic under the direction of a faculty member of the department. Should only be used to fulfill economics electives. Up to four quarter hours per offering, with an eight quarter-hour maximum. Prereq. Qualified senior economics majors and approval of department chair.
ECN 1483 Directed Study	3 QH
Offers independent work on a chosen topic under the direction of a faculty member of the department. Should only be used to fulfill economics electives. Up to four quarter hours per offering, with an eight quarter-hour maximum. Prereq. Qualified senior economics majors and approval of department chair.
ECN 1484 Directed Study	4 QH
Offers independent work on a chosen topic under the direction of a faculty member of the department. Should only be used to fulfill economics electives. Up to four quarter hours per offering, with an eight quarter-hour maximum. Prereq. Qualified senior economics majors and approval of department chair.
ECN 1492 Senior Economics Seminar	4 QH
Coordinates and applies economic concepts, methodology, and data to issues and problems of broad social, economic, and philosophical importance. Prereq. ECN 1215 and ECN 1216; senior economics majors only.
ECN 1495, ECN 1496, ECN 1497, ECN 1498	4 QH each
Junior/Senior Honors Project
For details, contact the honors office.
ECN 1715 Macroeconomics Principles (Honors)	4 QH
Honors equivalent of ECN 1115.
ECN 1716 Microeconomics Principles (Honors)	4 QH
Honors equivalent of ECN 1116.
ECN 1888, 1889 Experiential Education Directed Study	4 QH each
Draws upon the student's approved experiential activity and integrates it with study in the academic major. Restricted to those students who are using it to fulfill their experiential education requirement.

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