ECN (Economics)
ECN 2003 Basic Economics
Three hours
An introduction to the basic concepts of economics, including microeconomics, macroeconomics, personal finance, economics ethics, and economic history.
Offered fall semester
ECN 2043 Economies of the European Union
Three hours
Introduction to micro- and macro-economic issues through consideration of the Irish economy and the larger environment of the United Kingdom and the European Union. Students have the opportunity to meet leading business and trade union figures in Ireland and to visit industrial development bodies and financial and business organizations, with a view to become conversant in economic theories and their application to decision-making in private and public sector organizations.
Offered summer, Irish Studies Program
ECN 2093 Honors: Basic Economics
Three hours
A study of the market economy and the government's role in maintaining economic stability. Designed to equip the student with an information base needed for effective stewardship and for working within the political process to promote economic progress. Extensive use of individual, team, and class projects. Prerequisite: admission to the Honors Program or permission of the Honors Committee.
Offered spring semester (odd-numbered years)
ECN 2113 Principles of Microeconomics
Three hours
A study of financial markets and how supply and demand interact to direct the allocation of resources. Topics include market structure, the role of competition, price theory, output determination, and income distribution. Pollution, poverty, and farm income are briefly considered.
Offered fall semester
ECN 2123 Principles of Macroeconomics
Three hours
A study of national income accounting, the determination of national output and employment levels, the monetary system, monetary theory, and stabilization policy. Inflation, unemployment, productivity, economic growth, balance of payments, and the public debt are considered from the perspectives of various schools of thought. Prerequisite: ECN 2113.
Offered spring semester
ECN 2533 Economics and Society of Central America
Three hours
Using the setting of Antigua, Guatemala, students gain understanding of major economic and social issues facing the Central American region. Topics include distribution of wealth and income, unemployment and poverty, discrimination and class struggle, microenterprise, cultural identity, women's issues, and community development. Meets the Social Science requirement of the Core Curriculum.
Offered summer, Guatemala Studies Program
ECN 2543 Economics and Society of Ireland
Three hours
On-location study of major economic and social issues facing Ireland, and by extension the European Union. Using primary text, The Economics of European Integration, students gain understanding of topics such as distribution of wealth and income, unemployment, economic and monetary union, common markets, cultural identity, and conditions for balanced growth. Other texts and class activities apply theories and insights to the Irish situation.
Offered summer, Irish Studies Program
ECN 3133 Money and Banking
Three hours
An examination of the U.S. banking system and the role it plays in providing for efficient exchange in the marketplace. Course discussions emphasize the roles of commercial banks, the Federal Reserve, and the U.S. Treasury in determining interest rates and the general well-being of the U.S. financial network. Also included is a review of monetary policy as a basis for policies to achieve the national economic goals of price stability, full employment, and balance of international payments. Prerequisite: ECN 2123.
Offered spring semester
ECN 3213 Managerial Economics
Three hours
Application of microeconomic theory and analysis to business and administrative problems with an emphasis on sound, ethical decision-making. Topics include demand analysis, production and cost analysis, market structures and pricing practices, regulation, risk, and capital budgeting. Prerequisite: ECN 2123.
Offered fall semester (even-numbered years)
ECN 3223 Comparative Systems
Three hours
A study of the contrast between the extremes of command and market-driven economies. Comparisons are drawn from theological as well as ideological and theoretical perspectives. Selected real-world economic systems are analyzed. Prerequisite: ECN 2123.
Offered spring semester (even-numbered years)
ECN 4103 International Economics
Three hours
A study of the global economy with emphasis on the role of the United States. Topics include trade theory, trade restrictions, monetary systems, exchange rates, and the effect of domestic economic policies on global trade. Trade issues such as trade deficits, job displacement, economic sanctions, emerging nations, environmental issues, immigration, and currency crises are covered. Meets the Global Studies requirement of the Core Curriculum. Prerequisite: ECN 2123.
Offered fall semester
ECN 4131, 4132, 4133 Selected Topics
One to three hours
A study of subjects of special interest. May be offered as independent study under faculty supervision. Prerequisites: junior standing and consent of instructor.
Offered upon sufficient request
ECN 4993 Senior Research Project
Three hours
Individual, intensive study and presentation of an approved topic. This project is integrative in nature and is to be completed during the student's final year of study. Prerequisites: senior standing and consent of instructor.
Offered spring semester
