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Business (ECON) Business (ECON) ECON101 Microeconomics (3 semester hours) Microeconomics is an overview course that covers how households (consumers), firms (producers), and governments interact in competitive and other markets to set prices, and determine what and how much is produced. Key concepts introduced include the role of scarcity and choice, incentives and competition, and the law of supply and demand. ECON102 Macroeconomics (3 semester hours) Introduction to Macroeconomics is a survey course that builds on the topics covered and skills developed in ECON101 (Microeconomics) in order to present a complete picture of the economy. Macroeconomics shows how consumers and markets fit into the overall or aggregated economy and provides a framework to assess government policies. Key topics covered will include economic cycles (growth and recession), economic indicators and measures and interest rates and money supply. ECON201 Microeconomics for Business (3 semester hours) Microeconomics for Business is an overview course that covers how microeconomics impacts business operations and the strategic management of the organization. Households (consumers), firms (producers), and governments are examined to assess how they interact in competitive and other markets to set prices, and determine what and how much is produced. Key concepts introduced include the role of scarcity and choice, incentives and competition, and the law of supply and demand. ECON302 Environmental Economics (3 semester hours) This course explores environmental economic theory and the relationship between market activity and the environment. The course emphasizes the use of economic analytical tools, such as market models, benefit-cost analysis, and risk analysis to assess environmental problems and to evaluate economic policy solutions. ECON303 International Economics (3 semester hours) This course provides a comprehensive account of the theory and practice of international trade and international monetary relations. Emphasizes is place on modern trade theory and applications, trade policies and arrangements, and international factor movements. Topics include international financial relations, including the balance of payments, exchange rate determination and regimes, international economic policy, and international banking. ECON304 Monetary Economics (3 semester hours) This course analyzes money and banking, the US and world financial markets, the role of the central bank, and monetary policies. Topics include principles and issues in money and banking, the nature and functions of money, financial institutions and markets, banking structures, and regulations. ECON202 Macroeconomics for Business (3 semester hours) Macroeconomics for Business is an overview course that covers how macroeconomics impacts business operations and the strategic management of the organization. An introduction to the principles and tools of macroeconomic analysis is provided. Macroeconomics for Business investigates the main topics of the overall economy including Gross Domestic Product, inflation, unemployment, economic growth, recession, monetary policy and fiscal policy. We use these theories and concepts to examine the role of the government in our economy and how government makes choices. ECON301 Comparative Economics (3 semester hours) This course analyzes the main economic systems operating today and their effect on international trade policies. Students will compares economic internal growth in centrally planned, mixed, and capitalist economics. Analyzes the performance of various economic systems in today's global economy and discusses important problems and issues of economic transition. Compares the basic theories of economic systems and various models of economic transition. 05/23/17 1