Monmouth / Academics / Economics / Courses

Economics Courses

ECON 120. Contemporary Economic Problems 3 sem hrs

Interpretation and analysis of recent economic events, problems, and policy issues based upon economic principles.

ECON 200G. Principles of Economics 4 sem hrs

Basic principles and processes in micro- and macro-economics are surveyed; production, market structures, consumption patterns, role of competition and prices; determinants of national income, employment, inflation, and exchange values and role of monetary and fiscal policy.

ECON 250. Special Topics. May be repeated. 1–3 sem hrs

ECON 300. Intermediate Price Theory 3 sem hrs

A rigorous analysis of the modern micro-economic theory of the behavior of the firm and the individual. Prerequisite: ECON 200.

ECON 301. Intermediate Macro-economics 3 sem hrs

A detailed examination of the elements that determine the level of national income. Includes analysis of government fiscal and monetary policies. Prerequisite: ECON 200.

ECON 310. Regulation and Legislation 3 sem hrs

Analyzes the forces leading to government regulation, the consequences of such regulation, detailed examination of several regulated industries and environmental policies. Prerequisite: ECON 200.

ECON 311. Labor, Unions, and Industrialization 3 sem hrs

An introduction to the institutional aspects of the American labor force and its organization, wage and employment theory, the economic role of collective bargaining, and the basic ingredients of public policy toward labor organizations. Prerequisite: ECON 200.

ECON 320. Industrial Organization 3 sem hrs

Analysis of the firm and market structure, conduct, and performance. How market structure affects the conduct of firms, and how both structure and conduct affects firm and market performance. Special emphasis is placed on the relevance of this body of knowledge to the individual business. Prerequisite: ECON 200.

ECON 331. Political Economy of Development 3 sem hrs

A study of contemporary theories of the development of industrial societies which stresses the relationships among various social institutions within the society and among different nations. Prerequisites: ECON 200 and junior standing or permission of the instructor.

ECON 336. Money and Banking 3 sem hrs.

An analysis of money, banking and central banking with a concentration on policy implementation by the Federal Reserve System. National and international impacts will be examined.

ECON 340. Economics and Law 3 sem hrs

Micro-economic examination of the social consequences of alternative legal rules including property rights, contract rights, tort liability rules and criminal law. Prerequisite: ECON 200.

ECON 350. Special Topics in Economics. May be repeated for credit. 3 sem hrs

ECON 351. Comparative Economic Systems 3 sem hrs

An analysis of the significant similarities and differences in the development, structure, operation, and policies of market-directed, controlled, and mixed economies—with special attention to significant characteristics in economies evolving in non-Western societies. Prerequisite: ECON 200.

ECON 360. International Trade and Finance 3 sem hrs

An analysis of the forces affecting, as well as the theory and policy of, international trade and finance. The international monetary system, balance of payments, tariff policies, trade practices, and trade organizations will be emphasized—as well as consequences for individual firms, multinational corporations, and government-owned firms. Prerequisite: ECON 200.

ECON 361. History of Economic Thought 3 sem hrs

An examination of major contributions to thought and their significance for modern theory. Prerequisite: ECON 200.

ECON 370. Public Finance 3 sem hrs

An examination of the theory and practice of government expenditure, revenue, and debt; the problems of integrating these into a meaningful fiscal policy; and their effect on the distribution of income. Prerequisite: ECON 200.

ECON 371. Introduction to Econometrics 3 sem hrs

Single equation linear statistical models, estimation and hypothesis testing; serial correlation, heteroscedasticity; errors in variables; introduction to simultaneous equation models. Emphasis on interpretation and application of econometric models and methods. Prerequisite: MATH 106. Offered in alternate years.

ECON 380. Environmental Economics 3 sem hrs

Micro-economic analysis of environmental issues. Examines the environmental consequences of alternative forms of resource ownership and allocation methods. Prerequisites: ECON 200.

ECON 390. Independent Readings 1–3 sem hrs

Economic readings selected on an individual basis supervised by a mentoring faculty member. Prerequisite: Permission of the instructor.

ECON 400. Internship 3 sem hrs

An off-campus experience working in a professional environment under the supervision of a mentor. Prerequisite: Permission of the instructor.

ECON 401. Public Policy 3 sem hrs

A capstone study for senior majors in which students choose a topic of inquiry, formulate hypotheses, review the literature, and empirically test their hypotheses and update the literature. Prerequisites: ECON 300 and ECON 301 or permission of the instructor.

ECON 402. Selective Seminars in Economics 3 sem hrs

Topics include: regional and urban economics, economic development, mathematical economics, and advanced monetary policy. May be repeated for credit.

ECON 410. Political Economy and Commerce Honors I 1 sem hr

Participation in a joint student/faculty discussion of contemporary accounting management or economic policy issues using political economy methodology and analysis. To be taken in the spring semester of junior year. Prerequisite: Permission of the instructor.

ECON 411. Political Economy and Commerce Honors II 1 sem hr

Research on contemporary accounting management or economic policy issue using political economy methodology and analysis. To be taken in the fall semester of senior year.

ECON 412. Political Economy and Commerce Honors III 1 sem hr

Leadership and presentation in joint student/faculty discussion of contemporary management or economic policy issues using political economy methodology and analysis. To be taken in the spring semester of senior year.

ECON 420. Independent Study. May be repeated for credit. 1–3 sem hrs

Kayla Winbigler

Student "Scotlight"

Kayla Winbigler
Major: Accounting and Business

Monmouth gives students tool to learn, rather than the facts