ECON - ECONOMICS

ECON - 1010   INTRODUCTION TO ECONOMIC ISSUES
[3 hours]  Basic concepts and theory applications to major economic problems and controversies. Designed primarily to meet requirements of students not planning to take upper level economics courses. (not for major credit)

ECON - 1150   PRINCIPLES OF MACROECONOMICS
[3 hours]  Explaining the level and the growth of economic activity, its  fluctuations, and ways of achieving greater stability, including the roles of money, banking and international finance.

ECON - 1200   PRINCIPLES OF MICROECONOMICS
[3 hours]  Theories of consumer behavior; determination of input and output  prices and quantities in factor and product markets; analysis of  international trade and policy; applications include labor markets and income distribution.

ECON - 1880   INTRODUCTION TO MACROECONOMIC AND MICROECONOMIC ANALYSIS
[4 hours]  An intensive analysis of the level, growth and fluctuations in aggregate economic activity; money and banking; international trade and finance; fiscal policy; consumer behavior; input and output prices and product and factor markets. (No credit if ECON 1150 and 1200 are taken.)

ECON - 2120   MONEY AND BANKING
[3 hours]  The nature and role of money, credit and banking in an economic  system. Emphasis on the structure, operation and objectives of the Federal Reserve System.  Prerequisite: ECON 1150 or 1880

ECON - 2400   THE AMERICAN ECONOMY IN THE TWENTIETH CENTURY
[3 hours]  American economic growth in the recent past. Evolution of governmental roles, development of labor markets with respect to race and sex, effects of wars and depressions. Status of American competitiveness.

ECON - 2500   TOPICS IN INTERNATIONAL ECONOMICS
[3 hours]  Why nations trade; comparative advantage and gains from trade; free trade versus protectionism; free versus �fair� trade; balance of  payments problems.

ECON - 2640   BUSINESS AND ECONOMIC STATISTICS
[3 hours]  Included is the study of hypothesis testing, single and multiple  regression, correlation analysis, time series and index numbers, and non-parametric statistics.  Prerequisite: Math 2630

ECON - 2980   CURRENT TOPICS IN ECONOMICS
[3 hours]  Course content varies as changes in the interaction between economic topics and writing assignments occur.

ECON - 3030   CONSUMER ECONOMICS
[3 hours]  Economic role of the consumer, theory of choice-making � rational  purchasing of food, housing, health care, transportation, insurance, credit, budgeting, investing and tax returns.  Prerequisite: ECON 1150 or 1200 or 1880

ECON - 3050   ECONOMICS OF GENDER
[3 hours]  Analysis of labor market outcomes and income distribution  characteristics resulting from gender differences; gender-related economic outcomes: the �feminization of poverty�, persistent male-female wage differential, expanding proportion of female headed households.  Prerequisite: ECON 1150 or 1200 or 1880

ECON - 3070   ECONOMICS AND LAW
[3 hours]  Methodologies of Law and Economics; Legal institutions; Economic Theory of Property; Property Rights; Contract Theory; Economic Theory of Torts and Tort Law, Common Law Process; Economics of Crime and Punishment.  Prerequisite: ECON 1150 or 1200 or 1880 or consent of instructor

ECON - 3080   ECONOMICS OF CRIME
[3 hours]  Study of crime as an economic activity; costs of crime to the community; economic approach to crime reduction.  Prerequisite: ECON 1150 or 1200 or 1880 or consent of instructor

ECON - 3120   TOPICS IN MONETARY AND FINANCIAL ECONOMICS
[3 hours]  Current issues in money, banking and finance; interest rate theory; international money and banking; monetary policy and modeling monetary economies.  Prerequisite: ECON 1150 or 1880

ECON - 3150   INTERMEDIATE MACROECONOMIC THEORY
[3 hours]  National income accounting; theory of income determination; causal  relationships; analysis of consumption, investment, government and foreign demand functions; integration of theories of income, output, money and interest.  Prerequisite: ECON 1150 or 1880

ECON - 3200   INTERMEDIATE MICROECONOMIC THEORY
[3 hours]  Consumer theory, utility and indifference curve analysis, theory of the firm, industry pricing in perfect and imperfect competition, and distribution theory.  Prerequisite: ECON 1200 or 1880

ECON - 3410   WORLD ECONOMIC DEVELOPMENT IN HISTORICAL PERSPECTIVE I
[3 hours] Exploration of economic growth in the Old World from prehistoric times to the present day. Analysis of economic institutions, technological change, industrialization, and standards of living of various peoples. Prerequisite: ECON 1150 or 1200 or 1880

ECON - 3420 WORLD ECONOMIC DEVELOPMENT IN HISTORICAL PERSPECTIVE II
[3 hours] Exploration of economic growth in the New World from pre-Columbian times to the present day. Analysis of economic institutions, technological change, industrialization, and standards of living of various peoples. Prerequisite: ECON 1150 or 1200 or 1880

ECON - 3490   ECONOMIC HISTORY OF THE AFRICAN AMERICAN COMMUNITY
[3 hours]  Course is crosslisted as AFST 3490. Development of the economic status, problems and role of the African American community from colonial times to the present. Special emphasis on economic writings of African American scholars.  Prerequisite: ECON 1150 or 1200 or 1880 or consent of instructor

ECON - 3500   COMPARATIVE ECONOMIC SYSTEMS
[3 hours]  Theory and ideology of market, socialist and mixed economic systems.  Case study of the economies of U.S., Russia, China and India.  Prerequisite: ECON 1150 or 1200 or 1880

ECON - 3600   URBAN ECONOMICS
[3 hours]  Analysis bearing on intermetropolitan and intrametropolitan growth processes.  Prerequisite: ECON 1150 or 1200 or 1880 or consent of instructor

ECON - 3620   TOLEDO AREA ECONOMY
[3 hours]  Economic analysis and description of the Toledo area business, consumer, labor and government sectors � includes an introduction to local government forecasting.  Prerequisite: ECON 1150 or 1200 or 1880 or consent of instructor

ECON - 3900   UNDERGRADUATE SEMINAR
[1 - 4 hours]  Small group study of special topics initiated either by student or a faculty member.

ECON - 3910   HONORS RESEARCH
[1 - 4 hours]  Study of special topics initiated either by student or a faculty member.

ECON - 3920   HONORS READING
[1 - 4 hours]  Study of special topics initiated either by student or a faculty member.

ECON - 3980   CURRENT ECONOMIC ISSUES
[3 hours]  Course content varies as changes in the interaction between economic topics and writing assignments occur.

ECON - 4050   POPULATION ECONOMICS
[3 hours]  Interaction of economic changes and demographic variables; topics include birth rates, women�s employment, marriage and divorce, aging and mortality, migration and overpopulation.  Prerequisite: ECON 1150 or 1200 or 1880

ECON - 4100   BUSINESS CYCLES
[3 hours]  Historical and theoretical study of fluctuations in business activities and an examination of the various theories relating to causes and effects of such cycles.  Prerequisite: ECON 1150 or 1880

ECON - 4120   MONETARY THEORY
[3 hours]  Modern theories of financial markets, money and the theory of interest rates, money�s role in general equilibrium and growth models, and money�s ability to cause inflation.  Prerequisite: ECON 2120 or 3120 or 3150

ECON - 4130   MONETARY AND FISCAL POLICY
[3 hours]  Changes in the quantity of money and alternative government spending, taxation, and debt policies, interrelations of fiscal and monetary policies in stabilization programs.  Prerequisite: ECON 3150 or 4120 or consent of instructor

ECON - 4150   ADVANCED MACROECONOMIC THEORY
[3 hours]  Theories of consumption and investment. Empirical estimates. Cycle and growth theory, multiplier-accelerator analysis and growth models. The theory and instruments of macroeconomic policy. Dynamic Macroeconomic Theory.  Prerequisite: ECON 3150

ECON - 4160   TOPICS IN MACROECONOMICS
[3 hours]  Various topics in macroeconomics including income determination and growth theory; Keynesian, Neo-Classical, Real Business Cycle models, and Monetary and Fiscal Policy analysis.  Prerequisite: ECON 3150

ECON - 4200   ADVANCED MICROECONOMIC THEORY
[3 hours]  Advanced topics in microeconomic theory, consumer behavior, the firm and market structure, distribution theory, equilibrium conditions, welfare economics.  Prerequisite: ECON 3200

ECON - 4210   TOPICS IN MICROECONOMICS
[3 hours]  Extended analysis of microeconomic theory concerning individual and social choice issues. Selected topics may include: rational choice behavior, theory of markets, partial and general equilibrium analysis and welfare economics.  Prerequisite: ECON 3200 and consent of instructor

ECON - 4230   POVERTY AND INCOME DISTRIBUTION
[3 hours]  Causes and consequences of current trends in poverty and income distribution in the U.S.; analysis of policies dealing with problems in these areas.  Prerequisite: ECON 1150 or 1200 or 1880

ECON - 4240   ENVIRONMENTAL AND NATIONAL RESOURCE ECONOMICS
[3 hours]  Course cross-listed as LST 4240.  The economics of the environment and natural resources. Examination of economic instruments for solving environmental problems. Analyzed policies include direct regulation, user charges, taxes on polluting products and marketable permits.  Prerequisite: ECON 1150 or 1200 or 1880 or consent of instructor

ECON - 4250   LABOR ECONOMICS
[3 hours]  Labor force characteristics, wage determination, hours and condition of work, unemployment, labor union structure and growth, collective bargaining and modern labor legislation.  Prerequisite: ECON 1200 or 1880 or consent of instructor

ECON - 4300   MATHEMATICAL ECONOMICS
[3 hours]  Development and applications of the mathematical tools used by economists. Differential and integral calculus, linear algebra, transcendental functions and series.  Prerequisite: ECON 1150 or 1200 or 1880 or consent of instructor

ECON - 4400   AMERICAN LABOR HISTORY
[3 hours]  Working-class resistance to industrialization and corporatism.  Labor visions of empire, race, and nation.  Labor in the New Deal Order.  Globalization of capital and the rusting of America.

ECON - 4440   CONTEMPORARY ECONOMIC THOUGHT
[3 hours]  The development of orthodox and non-orthodox economic thinking in the 20th century.  Prerequisite: ECON 1150 or 1880

ECON - 4450   HISTORY OF ECONOMIC THOUGHT
[3 hours]  Development of economic theory and thought from the 18th century through the present. Considers the theoretical and prescriptive contributions of orthodox and non-orthodox economists.  Prerequisite: ECON 3150 or 3200 or consent of instructor

ECON - 4510   INTERNATIONAL ECONOMICS I
[3 hours]  Theory of international trade; commercial policy; costs and benefits, economic integration; trade and economic growth and balance of payments problems.  Prerequisite: ECON 1150 or 1880

ECON - 4520   INTERNATIONAL ECONOMICS II
[3 hours]  The monetary aspects of international trade; balance of payments theory, problems and policies, problems and proposals for reform of the international monetary system.  Prerequisite: ECON 1150 or 1880

ECON - 4550   ECONOMIC DEVELOPMENT
[3 hours]  Economic problems and policies in less-developed countries, including such topics as schooling, population growth, urbanization, landholding, income distribution, capital formation and development strategies.  Prerequisite: ECON 1150 or 1200 or 1880

ECON - 4620   REGIONAL ECONOMICS
[3 hours]  Examination of regional income estimates and social accounts, regional multipliers, diverse location theories, supplemented with techniques of regional analysis.  Prerequisite: ECON 1200 or 1880

ECON - 4660   PUBLIC FINANCE ECONOMICS
[3 hours]  An analysis of the government sector in the economy, government expenditures, taxation and borrowing and their effects on employment, price levels and growth.  Prerequisite: ECON 1200 or 1880

ECON - 4700   AMERICAN INDUSTRY: STRUCTURE AND PERFORMANCE
[3 hours]  Analysis of the structure and economic efficiency of business enterprise in the U.S. Emphasis is placed on the manufacturing sector.  Prerequisite: ECON 1200 or 1880

ECON - 4750   HEALTH ECONOMICS
[3 hours]  Economic analysis of health and health services. Topics currently include medical and allied manpower, hospitals, drugs and cost-benefit analysis of selected health programs.  Prerequisite: ECON 1200 or 1880

ECON - 4810   ECONOMETRICS MODELS AND METHODS I
[3 hours]  An introduction to econometric methods and their use in quantitative analysis of economic theories. Diagnostics for problems typically encountered are detailed along with techniques for correcting these problems.  Prerequisite: either ECON 1880 or both ECON 1150 and 1200 and either MATH 2630 or ECON 2640 or consent of instructor.

ECON - 4820   ECONOMETRICS MODELS AND METHODS II
[3 hours]  An introduction to forecasting methods for economic time-series including Bayesian methods. Both theory and application of forecasting models and methods are covered.  Prerequisite: ECON 4810 or Consent of Instructor.

ECON - 4830   ECONOMETRICS MODELS AND METHODS III
[3 hours]  Econometric methods that apply to survey, spatial and cross-sectional/time-series data along with other specialized modeling techniques are covered.  Prerequisite: ECON 4810 and Consent of Instructor.

ECON - 4910   RESEARCH
[1 - 4 hours]    Prerequisite: Consent of Instructor

ECON - 4920   READINGS
[1 - 4 hours]

ECON - 4960   SENIOR HONORS THESIS
[1 - 4 hours]

ECON - 4980   CURRENT ECONOMIC PROBLEMS
[3 hours]  Course content changes from time to time as important economic problems arise.  Prerequisite: ECON 1150 or 1200

ECON - 5050   POPULATION ECONOMICS
[3 hours]  Interaction of economic changes and demographic variables; topics include birth rates, women�s employment, marriage and divorce, aging and mortality, migration and overpopulation.  Prerequisite: ECON 1150 or 1200

ECON - 5100   BUSINESS CYCLES
[3 hours]  Historical and theoretical study of fluctuations in business activities and an examination of the various theories relating to causes  and effects of such cycles.  Prerequisite: ECON 1150

ECON - 5120   MONETARY THEORY
[3 hours]  Modern theories of financial markets, money and the theory of interest rates, money�s role in general equilibrium and growth models, and  money�s ability to cause inflation.  Prerequisite: ECON 2120 or 3120 or 3150

ECON - 5130   MONETARY AND FISCAL POLICY
[3 hours]  Changes in the quantity of money and alternative government spending, taxation, and debt policies, interrelations of fiscal and monetary policies in stabilization programs.  Prerequisite: ECON 3150 or 4120 or Consent of Instructor

ECON - 5150   ADVANCED MACROECONOMIC THEORY
[3 hours]  Theories of consumption and investment. Empirical estimates. Cycle and growth theory, multiplier-accelerator analysis and growth models. The theory and instruments of macroeconomic policy. Dynamic Macroeconomic  Theory.  Prerequisite: ECON 3150 or equivalent or permission of graduate adviser.

ECON - 5160   TOPICS IN MACROECONOMICS
[3 hours]  Various topics in macroeconomics including income determination and growth theory; Keynesian, Neo-Classical, Real Business Cycle models, and Monetary and Fiscal Policy analysis.  Prerequisite: ECON 3150

ECON - 5200   ADVANCED MICROECONOMIC THEORY
[3 hours]  Advanced topics in microeconomic theory, consumer behavior, the firm and market structure, distribution theory, equilibrium conditions, welfare economics.  Prerequisite: ECON 3200 or equivalent or permission of graduate adviser.

ECON - 5210   TOPICS IN MICROECONOMICS
[3 hours]  Extended analysis of microeconomic theory concerning individual and social choice issues. Selected topics may include: rational choice behavior, theory of markets, partial and general equilibrium analysis and welfare economics.  Prerequisite: ECON 3200 and consent of instructor.

ECON - 5230   POVERTY AND INCOME DISTRIBUTION
[3 hours]  Causes and consequences of current trends in poverty and income distribution in the U.S.; analysis of policies dealing with problems in these areas.  Prerequisite: ECON 1150 or 1200 or permission of instructor.

ECON - 5240   ENVIRONMENTAL AND NATURAL RESOURCE ECONOMICS
[3 hours]  The economics of the environment and natural resources. Examination of economic instruments for solving environmental problems. Analyzed policies include direct regulation, user charges, taxes on polluting products and marketable permits.  Prerequisite: ECON 1150 or 1200 or consent of instructor.

ECON - 5250   LABOR ECONOMICS
[3 hours]  Labor force characteristics, wage determination, hours and condition of work, unemployment, labor union structure and growth, collective bargaining and modern labor legislation.  Prerequisite: ECON 1200 or consent of instructor.

ECON - 5300   MATHEMATICAL ECONOMICS
[3 hours]  Development and applications of the mathematical tools used by economists. Differential and integral calculus, linear algebra, transcendental functions and series.  Prerequisite: ECON 1150 or 1200 or consent of instructor.

ECON - 5450   HISTORY OF ECONOMIC THOUGHT
[3 hours]  Development of economic theory and thought from the 18th century through the present. Considers the theoretical and prescriptive contributions of orthodox and non-orthodox economists.

ECON - 5510   INTERNATIONAL ECONOMICS I
[3 hours]  Theory of international trade; commercial policy; costs and benefits, economic integration; trade and economic growth and balance of payments problems.  Prerequisite: ECON 1150

ECON - 5520   INTERNATIONAL ECONOMICS II
[3 hours]  The monetary aspects of international trade; balance of payments theory, problems and policies, problems and proposals for reform of the international monetary system.  Prerequisite: ECON 1150

ECON - 5550   ECONOMIC DEVELOPMENT
[3 hours]  Economic problems and policies in less-developed countries, including such topics as schooling, population growth, urbanization, landholding, income distribution, capital formation and development strategies.  Prerequisite: ECON 1150 or 1200

ECON - 5620   REGIONAL ECONOMICS
[3 hours]  Examination of regional income estimates and social accounts, regional multipliers, diverse location theories, supplemented with  techniques of regional analysis.  Prerequisite: ECON 1200

ECON - 5660   PUBLIC FINANCE ECONOMICS
[3 hours]  An analysis of the government sector in the economy, government expenditures, taxation and borrowing and their effects on employment, price levels and growth.  Prerequisite: ECON 1200

ECON - 5700   AMERICAN INDUSTRY: STRUCTURE AND PERFORMANCE
[3 hours]  Analysis of the structure and economic efficiency of business enterprise in the U.S. Emphasis is placed on the manufacturing sector.  Prerequisite: ECON 1200

ECON - 5750   HEALTH ECONOMICS
[3 hours]  Economic analysis of health and health services. Topics currently include medical and allied manpower, hospitals, drugs and cost-benefit analysis of selected health programs.  Prerequisite: ECON 1200

ECON - 5810   ECONOMETRICS MODELS AND METHODS I
[3 hours]  An introduction to econometric methods and their use in quantitative analysis of economic theories. Diagnostics for problems typically encountered are detailed along with techniques for correcting these problems.  Prerequisite: ECON 1150 and 1200 and either MATH 2630 or ISOM 2640 or consent of instructor.

ECON - 5820   ECONOMETRICS MODELS AND METHODS II
[3 hours]  An introduction to forecasting methods for economic time-series including Bayesian methods. Both theory and application of forecasting models and methods are covered.  Prerequisite: ECON 5810 or consent of instructor.

ECON - 5830   ECONOMETRICS MODELS AND METHODS III
[3 hours]  Econometric methods that apply to survey, spatial and cross-sectional/time-series data along with other specialized modeling  techniques are covered.  Prerequisite: ECON 5810 and consent of instructor.

ECON - 5980   CURRENT ECONOMIC PROBLEMS
[3 hours]  Course content changes from time to time as important economic problems arise.  Prerequisite: ECON 1150 or 1200

ECON - 6120   SEMINAR IN MONETARY POLICY
[4 hours]

ECON - 6150   SEMINAR IN MACROECONOMICS
[4 hours]

ECON - 6200   SEMINAR IN MICROECONOMICS
[4 hours]

ECON - 6250   SEMINAR IN LABOR ECONOMICS
[4 hours]

ECON - 6400   SEMINAR IN ECONOMIC HISTORY
[4 hours]

ECON - 6500   SEMINAR IN INTERNATIONAL ECONOMICS
[4 hours]

ECON - 6550   SEMINAR IN ECONOMIC DEVELOPMENT
[4 hours]

ECON - 6600   SEMINAR IN URBAN ECONOMICS
[4 hours]

ECON - 6660   SEMINAR IN PUBLIC FINANCE ECONOMICS
[4 hours]

ECON - 6700   SEMINAR IN INDUSTRIAL ORGANIZATION
[4 hours]
ECON - 6810   SEMINAR IN APPLIED ECONOMETRICS I
[2 hours]

ECON - 6820   SEMINAR IN APPLIED ECONOMETRICS II
[2 hours]

ECON - 6830   SEMINAR IN APPLIED ECONOMETRICS III
[2 hours]

ECON - 6900   GRADUATE RESEARCH
[1 - 7 hours]    Prerequisite: Graduate Standing and Permission of Instructor

ECON - 6930   TEACHING PRACTICUM IN ECONOMICS
[1 - 7 hours]  Methods of teaching economics in a university.  Supervised teaching of sections in Economic Principles.  Prerequisite: Graduate Standing and Permission of Graduate Adviser

ECON - 6940   PUBLIC SERVICE INTERNSHIP
[2 - 7 hours]  Supplements formal classroom work by providing field experience in some governmental agency through a participant-observer relationship.  Prerequisite: Consent of Graduate Adviser

ECON - 6960   THESIS
[1 - 8 hours]

ECON - 6990   GRADUATE READINGS
[1 - 7 hours]    Prerequisite: Graduate standing and permission of instructor

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Last Updated: 5/5/14