Economics
BC 550. INTERNATIONAL ECONOMICS 3 HRS.
(Prerequisites, BC 103 and BC 104.) The causes and consequences of the international movement of
goods and services. Comparative advantage, the terms of trade, welfare effects, factor price and
resource mobility implications are considered. The economics of tariffs, quotas and other artificial
barriers to trade are considered. A consideration of international finance includes: the balances of
payments, foreign exchange markets, international financial arrangements and the adequacy of
international reserves and system of payments.
BC 807. MANAGERIAL ECONOMICS 3 HRS. This course is an extension of microeconomic analysis to enterprises in the private and public sectors of the economy. Major emphasis is placed on the application of statistics and economic theory to decision making in the firm. Background in Economics (Micro and Macro) background in Statistics, and graduate standing are required for this course.
BC 810. RESEARCH PROBLEM IN ECONOMICS 1-3 HRS. (Prerequisites, six hours of Economics, plus consent of instructor and the department chair.) Special research problem or readings on a topic initiated by the student and approved by the instructor.
BC 820. INTERNATIONAL ECONOMICS 3 HRS. (Prerequisites, BC 103 and 104.) Discuss the causes and consequences of the international movement of goods and services. Comparative advantage, the terms of trade, welfare effects, factor price and resource mobility implications are considered. The economics of tariffs, quotas and other artificial barriers to trade are considered.