Bachelor of Arts in Economics - Missouri Univer

Tuition Fee

Start Date

Medium of studying

Duration

Program Facts

Program Details

Degree

Bachelors

Major

Economics

Area of study

Social Sciences

Course Language

English

About Program

Program Overview

Missouri S&T's Economics program prepares students for diverse career opportunities with excellent financial rewards. With both BA and BS degrees offered, students can specialize in various emphasis areas and certificates. Its STEM designation emphasizes quantitative methods and analytical tools, providing graduates with a competitive advantage in the job market.

Program Outline

Degree Overview:

Economics studies how people make choices when facing scarcity. Human behavior has important implications for the outcomes of markets, government policies, and all corporate and public decision-making. As a result, economics graduates are in high demand from employers across various industries, and a bachelor's degree in economics can open a successful career in almost anything and everything. The advantage of majoring in Economics is that it provides excellent preparation for diverse career opportunities and exceptional financial rewards. A bachelor's degree in economics prepares students with a solid foundation to go into a graduate degree in economics, business, finance, law, or other fields. Missouri S&T's Economics degrees are with STEM designation because we believe in the power of data and take a decidedly quantitative approach to the economics curriculum. We design the curriculum to be rich in modern quantitative methods and applied analytical tools through a combination of business, econometrics, mathematics, programming, and statistics classes. We offer two baccalaureate degrees in Economics, a Bachelor of Arts (BA), and a Bachelor of Science (BS) degree; both are STEM degree programs. The significant difference between a BA & BS degree is BA degree has a required component in foreign languages. Specifically, students with a BA degree must take 12 hours of a single foreign language in three consecutive semesters or take 16 hours (8+8) of two foreign languages. In addition, we offer three distinct emphasis areas and certificates that are industry-centric and career-ready. These emphasis areas and certificates are Decision Data Analytics, Energy Economics, and Financial Economics and Technology. Each emphasis area or certificate is carefully designed to meet the specific needs of students and industry: Decision Data Analytics-Positions students to succeed in all industry positions focused on data analysis. Energy Economics-Prepares students for positions across the energy sector. Financial Economics and Technology-Prepares students for success in the financial industry in a range of positions. We also offer a minor in Quantitative Economics. For business, engineering, or science students who want to supplement their major, the quantitative economics minor is designed to prepare them to become future business and industry professionals who can apply the core economics principles and quantitative methods to articulate and make policy recommendations aligned with the current and projected economic environment. The minor provides foundational knowledge of market structure, the global business environment, data analytics, and public policies necessary for strategic corporate and government decision-making.

ECON 1100, ECON 1200, ECON 2100, ECON 2200, ECON 3300, and ECON 3333 with a minimum grade of “C” in each.

At least 12 additional hours of economics electives, at or above the 2000 level, with a minimum grade of “C” in each.

BUS 1210
STAT 3111

Sample Program:

Freshman Year
First Semester:
ECON 1100 (3 credits)
BIO SCI 1113, 1173, 1223, or 1943 (3 credits)
HISTORY 1100 (3 credits)
ENGLISH 1120 (3 credits)
MATH 1212 (4 credits)
COMP SCI 1972 (2 credits)
COMP SCI 1982 (1 credit)
Second Semester:
ECON 1200 (3 credits)
MATH 1140 (3 credits)
Social Sciences (Political Science, Psychology or Sociology) (3 credits)
Sophomore Year
First Semester:
ECON 2100 (3 credits)
ENGLISH 1211, 1212, 1221, 1222, 1223, 1231, or 2230 (3 credits)
Chemistry, Geology, Geophysics or Physics (3 credits)
HISTORY 1200 (3 credits)
ART 1180, 1185, MUSIC 1150, or THEATRE 1190 (3 credits)
Foreign Language (4 credits)
Second Semester:
ECON 2200 (3 credits)
Foreign Language (4 credits)
STAT 3111 (3 credits)
BUS 1210 (3 credits)
Junior Year
First Semester:
ECON 3300 (3 credits)
Any Philosophy (3 credits)
Social Sciences (Political Science, Psychology or Sociology) (3 credits)
Economics Elective (2 credits)
Any course in Literature, Philosophy or Arts (3 credits)
Free Elective (4 credits)
FOREIGN LANGUAGE (4 credits)
Second Semester:
ECON 3333 (3 credits)
Social Sciences (Political Science, Psychology or Sociology) (3 credits)
Economics Elective (2 credits)
FOREIGN LANGUAGE (4 credits)
Senior Year
First Semester:
Economics Elective (2 credits)
Social Sciences (Political Science, Psychology or Sociology) (3 credits)
Free Elective (10 credits)
Second Semester:
Economics Elective (2 credits)
Free Electives (9 credits)

Emphasis Areas:

Decision Data Analytics
ECON 5350: Data Intelligence using Case Studies (3 credits)
ECON 5360: Data Driven Strategic Insights (3 credits)
Financial Economics and Technology
ECON 4383: Financial Economics (3 credits)
ECON 5337: Financial Mathematics (3 credits)
ECON 5360: Data Driven Strategic Insights (3 credits)
Energy Economics
ECON 4440: Environmental And Natural Resource Economics (3 credits)
ECON 4540: Energy Economics (3 credits)
Choose one of the following courses:
ECON 3512: Mining Industry Economics (3 credits)
ECON 5532: Advanced Mining Economics (3 credits)
Choose one of the following courses:
ENG MGT 5513: Energy and Sustainability Management Engineering (3 credits)
Must include 9 hours from each of the following 3 areas: Art, Music or Theatre, Philosophy, Literature
ECON 1100, ECON 1200, ECON 2100, ECON 2200, ECON 3300, and ECON 3333 with a minimum grade of “C” in each.

At least 12 additional hours of economics electives, at or above the 2000 level, with a minimum grade of “C” in each.

BUS 1210
STAT 3111

Required Courses:

Communications Skills:
ENGLISH 1120: Exposition And Argumentation (3 credits)
ENGLISH 1160: Writing And Research (3 credits) or ENGLISH 3560: Technical Writing (3 credits)
SP&M S 1185: Principles Of Speech (3 credits)
Humanities: 9 semester hours
Social Sciences:
HISTORY 1300: American History To 1877 (3 credits)
HISTORY 1310: American History Since 1877 (3 credits)
HISTORY 2110: World Regional Geography (3 credits)
HISTORY 4435: History of the American West (3 credits)
POL SCI 1200: American Government (3 credits)
PSYCH 1101: General Psychology (3 credits)
PSYCH 4600: Social Psychology (3 credits)
Natural Sciences:
Physics or Geology w/Lab (4 credits)
BIO SCI 1113: General Biology (3 credits)
Mathematics:
MATH 1120: College Algebra (3-5 credits) or MATH 1140: College Algebra (3 credits)
Professional Requirements:
EDUC 1040: Perspectives In Education (2 credits)
EDUC 1174: School Organization and Administration For Teachers (2 credits)
EDUC 3216: Instructional Literacy in the Content Area (3 credits)
EDUC 3280: Instructional Strategies in the Content Area (3 credits)
EDUC 4298: Student Teaching Seminar (1 credit)
ENGLISH 3170: Teaching And Supervising Reading and Writing (3 credits)
PSYCH 2300: Educational Psychology (3 credits) or EDUC 2102: Educational Psychology (3 credits)
PSYCH 3310: Developmental Psychology (3 credits)
PSYCH 4310: Psychology Of The Exceptional Child (3 credits) or EDUC 2310: Education Of The Exceptional Child (3 credits)
Clinical Experience:
EDUC 1104: Teacher Field Experience I (1 credit)
EDUC 1164: Teacher Field Experience II (2 credits)
EDUC 4299: Student Teaching (12 credits)
Economics:
ECON 1100: Principles Of Microeconomics (3 credits)
ECON 1200: Principles Of Macroeconomics (3 credits)
ECON 2100: Intermediate Microeconomic Theory (3 credits)
ECON 2200: Intermediate Macroeconomic Theory (3 credits)
ECON 4300: Research Methods and Applications in Economics and Business (3 credits)
Econ Electives (3000 or 4000 level) (12 credits)
BUS 1210: Financial Accounting (3 credits)
Certification:
Am History (from approved DESE list) (6 credits)
European History (from approved DESE list) (9 credits)
Upper Pol Sci (from approved DESE list) (3 credits)

Bachelor of Science Economics

General university requirements for a bachelor of science degree
ECON 1100, ECON 1200, ECON 2100, ECON 2200, ECON 3300, ECON 3333, and ECON 4538 with a minimum grade of “C” in each.

At least 9 additional hours of economics electives, at or above the 2000 level, with a minimum grade of “C” in each.

BUS 1210
ENG MGT 2110
STAT 3111

Sample Program:

Freshman Year
First Semester:
ECON 1100 (3 credits)
ENGLISH 1120 (3 credits)
HISTORY 1200, 1300, or 1310 (3 credits)
BIO SCI 1113, 1173, 1223, or 1943 (3 credits)
MATH 1212 (4 credits)
Lab w/Living or Physical Science Course (1 credit)
Second Semester:
ECON 1200 (3 credits)
PSYCH 1101 (3 credits)
MATH 1140 (3 credits)
IS&T 1551, 1561, or COMP SCI 1971 (4 credits)
Sophomore Year
First Semester:
ECON 2100 (3 credits)
SP&M S 1185 (3 credits)
Chemistry, Geology, Geophysics, or Physics (3 credits)
ENGLISH 1211, 1212, 1231, 1221, 1222, 2230, or 1223 (3 credits)
ART 1180, 1185, MUSIC 1150, or THEATRE 1190 (3 credits)
STAT 3111 (3 credits)
BUS 1210 (3 credits)
Second Semester:
ECON 2200 (3 credits)
Free Elective (3 credits)
Free Electives (3 credits)
Junior Year
First Semester:
ECON 3300 (3 credits)
ENGLISH 1600 (3 credits)
Culture, Society and Religion (2 credits)
POL SCI 1200 (3 credits)
Economics Electives (5 credits)
Second Semester:
ECON 3333 (3 credits)
ENG MGT 2110 (3 credits)
Economics Elective (5 credits)
Free Elective (6 credits)
Senior Year
First Semester:
ECON 4538 (3 credits)
Economics Elective (5 credits)
Free Electives (12 credits)
Second Semester:
Free Electives (13 credits)

Emphasis Areas:

Decision Data Analytics
ECON 5350: Data Intelligence using Case Studies (3 credits)
ECON 5360: Data Driven Strategic Insights (3 credits)
Financial Economics and Technology
ECON 4383: Financial Economics (3 credits)
ECON 5337: Financial Mathematics (3 credits)
ECON 5360: Data Driven Strategic Insights (3 credits)
Energy Economics
ECON 4440: Environmental And Natural Resource Economics (3 credits)
ECON 4540: Energy Economics (3 credits)
Choose one of the following courses:
ECON 3512: Mining Industry Economics (3 credits)
ECON 5532: Advanced Mining Economics (3 credits)
Choose one of the following courses:
ENG MGT 5513: Energy and Sustainability Management Engineering (3 credits)
CIV ENG 5642: Sustainability, Population, Energy, Water, and Materials (3 credits)

Minors:

Energy/Technology Minor
ECON 1100: Principles Of Microeconomics (3 credits)
ECON 1200: Principles Of Macroeconomics (3 credits)
ECON 2100: Intermediate Microeconomic Theory (3 credits)
6 hours from the following:
ECON 4300: Research Methods and Applications in Economics and Business (3 credits)
ECON 4430: Cost-Benefit Analysis (3 credits)
ECON 4440: Environmental And Natural Resource Economics (3 credits)
ECON 4540: Energy Economics (3 credits)
ECON 4130: Network Economy (3 credits)
Global Sustainable Economics Minor
ECON 1100 & ECON 2100: Principles Of Microeconomics and Intermediate Microeconomic Theory (6 credits) or ECON 1200 & ECON 2200: Principles Of Macroeconomics and Intermediate Macroeconomic Theory (6 credits)
ECON 4641: Foundations of Sustainability (3 credits)
6 hours from the following:
ECON 3512/MIN ENG 3512: Mining Industry Economics (3 credits)
ECON 4440: Environmental And Natural Resource Economics (3 credits)
ECON 4642: Introduction to Global Eco- and Social-preneurship and Innovation (3 credits)
ECON 4643: Ethical Problems in a Global Environment (3 credits)
ECON 4730: Economic Development (3 credits)
ECON 4540: Energy Economics (3 credits)
ENV ENG 5640: Environmental Law And Regulations (3 credits)
ENV ENG 5642: Sustainability, Population, Energy, Water, and Materials (3 credits)
PSYCH 4730: Environmental Psychology (3 credits)
HISTORY 4470: American Environmental History (3 credits)
International Economics Minor
ECON 1100: Principles Of Microeconomics (3 credits)
ECON 1200: Principles Of Macroeconomics (3 credits)
ECON 2200: Intermediate Macroeconomic Theory (3 credits)
6 hours from the following:
ECON 4710: International Trade (3 credits)
ECON 4720: International Finance (3 credits)
ECON 4730: Economic Development (3 credits)
Quantitative Economics Minor
ECON 1100: Principles Of Microeconomics (3 credits)
ECON 1200: Principles Of Macroeconomics (3 credits)
ECON 3300: Introduction to Econometrics (3 credits)
Choose one of the following courses:
ECON 5350: Data Intelligence using Case Studies (3 credits)
ECON 5360: Data Driven Strategic Insights (3 credits)
Choose two of the following courses:
ENG MGT 1210: Economic Analysis of Engineering Projects (2 credits)
ECON 2100: Intermediate Microeconomic Theory (3 credits)
ECON 2200: Intermediate Macroeconomic Theory (3 credits)
ECON 3333: Computational Economics (3 credits)
ECON 3512: Mining Industry Economics (3 credits)
ECON 3880: Introduction to Sports Economics (3 credits)
ECON 4230: Money And Banking (3 credits)
ECON 4383: Financial Economics (3 credits)
ECON 4430: Cost-Benefit Analysis (3 credits)
ECON 4440: Environmental And Natural Resource Economics (3 credits)
ECON 4538: Advanced Econometrics (3 credits)
ECON 4540: Energy Economics (3 credits)
ECON 4720: International Finance (3 credits)
ECON 5532: Advanced Mining Economics (3 credits)
ECON 5337: Financial Mathematics (3 credits)

Certificates:

Decision Data Analytics
ECON 3300: Introduction to Econometrics (3 credits)
ECON 3333: Computational Economics (3 credits)
ECON 5350: Data Intelligence using Case Studies (3 credits)
ECON 5360: Data Driven Strategic Insights (3 credits)
Energy Economics
ECON 4440: Environmental And Natural Resource Economics (3 credits)
ECON 4540: Energy Economics (3 credits)
Choose one of the following courses:
ECON 3512: Mining Industry Economics (3 credits)
ECON 5532: Advanced Mining Economics (3 credits)
Choose one of the following courses:
ENG MGT 5513: Energy and Sustainability Management Engineering (3 credits)
ENV ENG 5642: Sustainability, Population, Energy, Water, and Materials (3 credits)
Financial Economics and Technology
ECON 3333: Computational Economics (3 credits)
ECON 4383: Financial Economics (3 credits)
ECON 5337: Financial Mathematics (3 credits)
ECON 5360: Data Driven Strategic Insights (3 credits)

Course Descriptions:

ECON 1000 Special Problems

Problems or readings on specific subjects or projects in the department.
Prerequisite: Consent of instructor required.

ECON 1001 Special Topics

This course is designed to give the department an opportunity to test a new course.
ECON 1100 - MOTR ECON 102: Introduction to Microeconomics

ECON 1200 Principles Of Macroeconomics

A study of alternative strategies for managing the U.S. economy within a global environment, to attain the goals of full employment, stability, and growth.
ECON 1200 - MOTR ECON 101: Introduction to Macroeconomics

ECON 1300 Business And Economic Statistics I

This is an introductory course in business and economic statistics.
Prerequisite: Math 1120 or Math 1140 with a grade of "C" or better.
(Co-listed with Stat 1111).

ECON 2000 Special Problems

Problems or readings on specific subjects or projects in the department.
Prerequisite: Consent of instructor required.

ECON 2001 Special Topics

This course is designed to give the department an opportunity to test a new course.
Variable title.

ECON 2100 Intermediate Microeconomic Theory

Analysis of demand and supply in various market environments using the theories of production, resource pricing, and distribution of income.
Emphasis on efficiency attainment and the rationale for market intervention.
Prerequisites: Econ 1100 and 1200.

ECON 2114 Managerial Economics

Focuses on micro- and macroeconomic contributions to managerial decision-making, business analysis, and strategy.
The roles of information, economic incentives, efficient markets, profits, and decision-making under risk and uncertainty will be explored in both domestic and global settings.
Prerequisites: Econ 1100 & 1200.

ECON 2200 Intermediate Macroeconomic Theory

Examines the theoretical framework of national income and product generation, and the use of this theory to construct approaches such as monetary and fiscal policy to attain economic, political, and social goals.
Prerequisites: Econ 1100 and 1200.

ECON 3000 Special Problems

Problems or readings on specific subjects or projects in the department.
Consent of instructor required.

ECON 3001 Special Topics

This course is designed to give the department an opportunity to test a new course.
Variable title.

ECON 3300 Introduction to Econometrics

This course covers applied perspectives on basic concepts of econometrics using regression methods, including simple regression, multiple regression, and generalized least squares.
In addition, the course introduces students to the practice of econometric analysis on real-world applications using the programming languages R and STATA.
Prerequisite: Econ 1100 and Econ 1200, and one of the following: Stat 1115, Stat 3111, Stat 3113, Stat 3115, Stat 3117, or Stat 3546.

ECON 3333 Computational Economics

This course introduces concepts of computational economics using machine learning and artificial intelligence and the practice of analysis using applications related to microeconomics, macroeconomics, and econometrics.
The course teaches data and text mining, deep learning, and causal machine learning using Python programming to extract economic insights.
Prerequisite: Econ 1100 and Econ 1200 and one of the following: Stat 1115, Stat 3111, Stat 3113, Stat 3115, Stat 3117, or Stat 3546.

ECON 3512 Mining Industry Economics

Importance of the mineral industry to the national economy, uses, distribution, and trade of economic minerals, time value of money, mineral taxation, economic evaluation utilizing depreciation, depletion, and discounted cashflow concepts, social and economical significance of mineral resources.
Prerequisite: Econ 1100 or 1200.
(Co-listed with Min Eng 3512).

ECON 3810 Law And Economics

Study of the application of economics analysis to legal concepts, issues, and reasoning.
Emphasizes the use of microeconomic theory to examine questions of efficacy and efficiency of decisions emanating from three major areas of common law -property rights, contracts, and torts.
Prerequisite: Econ 1100 or equivalent.

ECON 3830 History Of Economic Thought

Contributions of the classical and modern economists to the development of economic thought.
Course aims at establishing a synthesis of evolving doctrines which have become the basis of currently accepted economic theory.
Prerequisites: Econ 1100 and 1200.

ECON 3880 Introduction to Sports Economics

The course uses economics to analyze the business of sports.
The course is designed for students with both an introductory or broader economics background but who have not studied the economics of sports.
Topics include labor relations, stadium financing, league structure, competitive balance, amateurism, sports gambling, and in-game strategy.
Prerequisite: Econ 1100 or Econ 1200.

ECON 4000 Special Problems

Problems or readings on specific subjects or projects in the department.
Consent of instructor required.

ECON 4001 Special Topics

This course is designed to give the department an opportunity to test a new course.
Variable title.

ECON 4010 Seminar

Discussion of current topics.

ECON 4085 Internship

Internship will involve students applying critical thinking skills and discipline-specific knowledge in a work setting based on a project designed by the advisor and employee.
Activities will vary depending on the student's background and the setting.
It is designed for students planning to enter the MBA program who need this area and for non-business students who want some business background.
Credit in this course cannot be applied to any major or minor in Business, IS&T, or Economics.
Prerequisite: Senior or Junior standing and 3.0 GPA required.

ECON 4130 Network Economy

Emerging Network/Internet economy, using traditional economic tools.
Prerequisite: Econ 1100 or Econ 1200.

ECON 4230 Money And Banking

Study of the origin, principles, and functions of money, emphasizing the role of banks in the effectuation of monetary policies geared to achieve various economic and political goals.
Prerequisite: Econ 2200.

ECON 4300 Research Methods and Applications in Economics and Business

Introduction of basic econometric and statistical techniques with empirical illustrations that reference real economic and business issues.
Students will be introduced to modern statistical software packages (STATA, R), but also work with productivity software (Excel, PowerPoint) to perform quantitative analysis and present their results.
Prerequisites: Econ 1100 or Econ 1200; Math 1140 or higher; Stat 1115 or Stat 3111 or Stat 3113 or Stat 3115 or Stat 3117 or Stat 5643.

ECON 4310 Mathematical Economics

Marginal analysis, calculus, and linear algebraic systems are applied in selected advanced topics in economics such as price theory, general equilibrium theory, input-output analysis, activity analysis, and game theory.
Prerequisite: Econ 2100, 2200, and Math 1208.

ECON 4350 Statistical Models in Actuarial Science

This course covers the statistical foundation of actuarial models and their applications.
Topics include survival and severity models, Kaplan-Meier and Nelson-Aalen estimators, aggregate and credibility models for insurance losses, discrete time Markov chains, ruin theory, and simulation.
Prerequisite: Stat 5643 and either Stat 5644 or a 3000-level Stat course.
(Co-listed with Stat 5755).

ECON 4383 Financial Economics

The course introduces the construction of financial modeling.
The first part of the course develops the theoretical economic foundation of financial models including security valuation, interest-rate, and exchange-rate models, while the second part covers applications using these models to derive corporate financial strategies to solve business problems.
Prerequisite: Econ 1100 and Econ 1200.

ECON 4410 Public Finance

Study of government expenditures and sources of revenue.
Particular emphasis is given to governmental decision making--how these decisions affect the economy and the behavior of individuals, firms, and families within the economy; and how these decisions may be evaluated.
Prerequisite: Econ 2100.

ECON 4430 Cost-Benefit Analysis

Investigates the rationale for cost-benefit analysis within a free enterprise setting.
Discussion of market efficiency and failure; determination of social costs and benefits; applications of cost-benefit analysis; and, problems remaining in theory and practice.
Prerequisite: Econ 1100.

ECON 4440 Environmental And Natural Resource Economics

Optimum use of replenishable and non-replenishable resources, public goods, and common resources, externalities, private vs. public costs, and quality of the environment; emphasis on public policy related to environmental and natural resource economics.
Prerequisite: Econ 1100.
(Co-listed with Min Eng 4523).

ECON 4512 Mine Management

Theory and practice of mine management, including basic managerial functions, management theories, communication skills, motivation, leadership, organization, maintenance management, managerial decision making, cost control, labor relations, government relations, ethics, and risks management with emphasis in presentation skills.
Prerequisite: Completion of 50 credits toward Mining Engineering degree.
(Co-listed with MIN ENG 4512).

ECON 4538 Advanced Econometrics

This course covers advanced topics in econometrics, including causal inference (such as instrument variable estimation, two-stage least squares, difference-in-difference, and regression discontinuity design), discrete choice models, and time series models.
The statistical programming language of R is used, while STATA is introduced as a complementary tool.
Prerequisite: Econ 1100 and Econ 1200 and Econ 3300 and Stat 3111.

ECON 4540 Energy Economics

For students interested in both economic and engineering issues of energy policy.
Presented in a framework that allows for analysis of the economic trade-offs between energy sources and the technologies associated with their use and extraction.
Prerequisite: Econ 1100 or Econ 1200.
(Co-listed with Min Eng 4524).

ECON 4641 Foundations of Sustainability

This interdisciplinary course is designed as an introduction to sustainability in commerce.
It examines the concept of environmental, social, and economic issues in an organizational context.
Principles, processes, and practices of sustainability will be explored.

ECON 4642 Introduction to Global Eco- and Social-preneurship and Innovation

This interdisciplinary course applies an entrepreneurial mindset to the environmental and social opportunities and challenges facing the global community.
Topics are examined from multiple perspectives: nonprofit, hybrid, and for-profit organizations.

ECON 4643 Ethical Problems in a Global Environment

Focuses on the international dimension of ethics including corporate responsibility from economic, social, and environmental perspectives.
It addresses the ethical challenges of decision making, stakeholder engagement, and governance at micro- (personal), meso- (org), and macro- (system) levels.

ECON 4710 International Trade

Analysis of gains from trade; the effects of factor mobility; effects of trade restrictions on trade flow and income distribution; arguments for restricting trade; and effects of trade on economic development, employment, and human capital development.
Prerequisite: Econ 2100.

ECON 4720 International Finance

Examination of the international monetary system, the Balance of Payments, the foreign exchange market, futures, and options markets; foreign exchange and other risk management for firms, financing from a global perspective, and direct foreign investment.
Prerequisite: Econ 2200.

ECON 4730 Economic Development

Theoretical analysis of the problem of economic development of the "poor" countries, where two-thirds of the world's population lives.
Treatment of basic problem areas leading to a synthesis of theoretical approaches for the achievement of development.
Prerequisite: Econ 2100 or 2200.

ECON 4820 Labor Economics

Labor as a factor of production, collective bargaining, trade unionism, labor legislation, from the viewpoint of public policy.
Prerequisite: Econ 2100 or Econ 2200.

ECON 4860 Problems In Economic Policy

Advanced course designed for students majoring within the department.
Appraisal and analysis of major problems of economic policy.
Research and reports.
Topics covered vary from year to year.
Offered jointly by members of the department.
Prerequisite: Seniors with 24 or more hours in Econ.

ECON 5000 Special Problems

Problems or readings on specific subjects or projects in the department.
Consent of instructor required.

ECON 5001 Special Topics

This course is designed to give the department an opportunity to test a new course.

ECON 5010 Seminar

It is designed for students planning to enter the MBA program who need this area and for non-business students who want some business background.
Credit in this course cannot be applied to any major or minor in Business, IS&T, or Economics.
Additional case or report required.
Prerequisite: Bachelor Degree.

ECON 5310 Advanced Mathematical Economics

Marginal analysis, calculus, and linear algebraic systems are applied in selected advanced topics in economics such as price theory, general equilibrium theory, input-output analysis, activity analysis, and game theory.
This course is an advanced version of Econ 4310, and will include additional research and project assignments.