ECONOMICS

EC 101. BASIC ECONOMICS 3 HRS.

This course is for non-business majors and provides a basic understanding

of the economic ideas and institutions. Introductory topics

from micro, macro, and international economics are covered in the

course.

EC 102. HONORS ECONOMICS 1 HR.

(Prerequisite, concurrent enrollment in EC 101 is expected unless the

student is repeating this class.) This course complements a regular

section of EC 101 Basic Economics. It goes into additional depth on

selected topics and covers topics which are not covered in the EC 101.

Its coverage extends microeconomics, macroeconomics, and

international economics.

EC 300. TOPICS IN ECONOMICS 1-4 HRS.

(Prerequisites, EC 101 or BC 104.) This course focuses on economic

topics not covered in existing economics classes. The seminars may

also involve field experience or civic engagement associated with the

American Democracy Project at ESU.

EC 305. INTERMEDIATE MICROECONOMICS 3 HRS.

(Prerequisites, EC 101 or BC 104.) This course is an intermediate level

course in microeconomic theory. Particular emphasis is placed upon the

theory of the consumer and firm. Market equilibrium conditions under

perfect and imperfect competition are discussed.

EC 306. INTERMEDIATE MACROECONOMICS 3 HRS.

(Prerequisites, EC 101 or BC 104.) This course is a study of aggregate

economic analysis from the perspective of different schools of thought.

Consideration is also given to the effects of monetary and fiscal policy

on such aggregate economic variables as income, prices, and economic

growth.

EC 313. MATHEMATICAL APPLICATIONS FOR ECONOMICS 3 HRS.

(Prerequisites, EC 101 or BC 104 and MA 110.) An introduction to the

applications of mathematical techniques to economic analysis. The

mathematical tools used will be selected from the areas of matrix

algebra, linear programming, game theory and calculus. Specific

computational procedures will be introduced and used to analyze

economic relationships.

EC 327. INDUSTRIAL ORGANIZATION 3 HRS.

(Prerequisites, BC103 and BC104 or EC101.) For students with some

background in microeconomics, this course will examines how the

performance of an industry is related to its structure. The approach used

here includes the traditional structure-conduct-performance approach in

addition to the latest advances in microeconomic theory, including game

theory, contestability, and information theory.

EC 351. LABOR PROBLEMS 3 HRS.

(Prerequisites, EC 101 or BC 104.) The attitudes and problems of the

worker in economic society as they find expression in such forms of

behavior as strikes, boycotts, and lockouts; various remedies;

benevolent employers, collective bargaining, government ownership of

industry, political organization, and direct action.

EC 370. INTRODUCTORY ECONOMETRICS 3 HRS.

(Prerequisites, BC 104 or EC 101 and MA 380.) This course provides

an introduction to modern methods of analyzing data used economics,

business, and other social sciences. The course typically follows a

course in statistics and the level of mathematics required for a complete

understanding of all the material in the course is algebra. Topics include

estimating techniques, tests of significance, prediction and forecasting.

EC 375. COMPARATIVE ECONOMIC SYSTEMS 2-3 HRS.

(Prerequisites, EC 101 or BC 104.) A comparative study of capitalism,

socialism, and communism. Theoretical differences among these

economic systems, together with their strengths and weaknesses, are

examined.

EC 410. INTERNSHIP IN ECONOMICS 1-6 HRS.

(Prerequisite, EC 101 or BC 104.) An academic offering that provides

special employment for students who wish to gain career-related

experience before graduation. Students are placed in supervised

positions and assigned faculty advisors who design job-related academic

projects.

EC 471. INDEPENDENT STUDY 1-3 HRS.

(Prerequisites, EC 101 or BC 104.) Special project or readings on a

topic initiated by the student and approved by the instructor.

EC 499. ECONOMICS CAPSTONE 1-4 HRS.

(Prerequisites, EC 305, EC 306, and statistics.) This course is intended

to present students with the opportunity to work as a team on a real

world project in economics and expose them to some areas of

economics not covered with a complete course in their program of

study. Beyond the exposure to different areas of economics, it is

intended to expose the student to model building and economic analysis

using quantitative techniques.

EC 501. HISTORY OF ECONOMIC THOUGHT 2-3 HRS.

(Prerequisites, EC 101 or BC 104.) A survey of the growth and

development of economics from ancient times to the present.

EC 554. PUBLIC FINANCE 3 HRS.

(Prerequisites, EC 101 or BC 104.) This course extends economic

theory to the public sector of the economy. In particular, it develops an

economic theory of public expenditures and taxation at the federal,

state, and local levels.

EC 560. ECONOMIC DEVELOPMENT 3 HRS.

(Prerequisites, EC 101 or BC 104 or equivalent.) An introductory

course concerning the characteristics, obstacles, and problems of

economic development facing the less-developed or less-industrialized

countries of the world. Certain problems involved in the relation of the

less-industrialized countries to the more-industrialized countries are

examined. Designed to acquaint the student with the theory, history and

policy of economic development.

EC 701. SEMINAR IN ECONOMICS 3 HRS

(Prerequisites, EC 101 or BC 104.) Selected main events, trends and

interpretations in economics will be examined through readings, reports

and discussions. Designed to introduce the important literature on

significant economic topics.

EC 705. ECONOMIC EDUCATION 1-6 HRS.

You must be a certified Kansas teacher who has a contract (or will have

a contract) to teach in a K-12 classroom in the next academic year to be

eligible for a Kansas Council on Economic Education scholarship for

this course. This class is a series of seminars that focus on economic

topics. The seminars also involve field experience in gathering useful

examples for classroom teachers.

EC 740. BUSINESS CYCLES AND FORECASTING 3 HRS.

(Prerequisites, EC 101 or BC 104 or equivalent.) An analysis is made

of the nature and causes of business fluctuations. Methods are

developed to measure and predict changes in business activity.