SOUTHERN OREGON UNIVERSITY   2000-2001 Catalog
  SOU Catalog Home >> Schools and Departments >> Economics >> Courses

Economics Courses

Lower Division Courses

Ec 201 Principles of Microeconomics

4 credits

Introduces consumer and firm behavior and the market process. Explores the economic analysis of different market structures of perfect competition, imperfect competition, and monopoly, along with the principles of income distribution and resource allocation under a market system. Some sections approach the principles of microeconomics by focusing on a particular topic or issue.

Ec 202 Principles of Macroeconomics

4 credits

Deals with human behavior and choices as they relate to the entire economy. Covers aggregate demand and aggregate supply of goods and services, the affect of tax and spending on the entire economy's output and employment, and the Federal Reserve's manipulation of the supply of money, inflation, and economic growth. Some sections approach the principles of macroeconomics by focusing on a particular topic or issue.

Upper Division Courses

Ec 315 Environmental Economics

4 credits

Applies economic analysis directly to environmental problems. Explores market failure, Pareto optimality, externalities, consumer surplus, and market solutions. Introduces benefit-cost analysis. Addresses local problems. Prerequisite: Ec 201.

Ec 318 Money, Banking, and Financial Institutions

4 credits

Uses money, credit, and bond market models to explain the determination of interest rates. Develops a forecasting model. Integrates models of Federal Reserve system behavior and analysis of Federal Reserve policies into the forecasting models. Prerequisites: Ec 201, 202.

Ec 319 Public Finance

4 credits

Examines the economic role of government. Develops models to analyze the effects of different tax policies and the impact of government expenditures. Emphasizes the application of economic principles to improve understanding of current economic events. Prerequisites: Ec 201, 202.

Ec 320 Introduction to the International Economy

4 credits

Explores global economic relations in the historical and political context of current issues. Focuses on the economic interdependence of nations. Prerequisites: Ec 201, 202. (Cross-listed with IS 320.)

Ec 321 International Trade and Finance

4 credits

Examines the basis for and gains from trade, tariffs, and other barriers to trade, preferential trading agreements, exchange rate determination, and balance of payments. Prerequisite: Ec 320 or IS 320.

Ec 325 Labor Economics

4 credits

Analyzes labor markets, employment discrimination, unemployment, trade unions, education, and distribution of income. Examines the relation of public policies to the labor market. Prerequisites: Ec 201, 202.

Ec 332 Quantitative Methods

4 credits

Involves quantitative analysis of actual economic phenomena. Emphasizes computer applications and highlights the essential statistical tools used in solving practical problems. Topics include regression analysis of time series and cross-sectional data, hypothesis testing, and forecasting. Prerequisites: Ec 201, 202.

Ec 333 Applications of Quantitative Methods

4 credits

Provides essential theory and tools for analyzing and solving problems with significant business and economic consequences. Covers demand analysis and forecasting, alternative forms of forecasting, and empirical estimation of production and cost. Prerequisite: Ec 332.

Ec 350 Alternative Versions of Capitalism

4 credits

Examines the variants of capitalism that exist in the economies of the United States, Europe, and Asia. Explores their characteristics, institutions, and ability to provide high levels of economic growth and employment as well as price and social stability. Prerequisite: junior or senior standing.

Ec 351 Oregon's Future

4 credits

Presents an interdisciplinary approach to contemporary issues in Oregon, including politics and history; population demographics; educational problems and reforms; budgetary outlook, tax restructuring and spending issues; status of prisons and crimes; and environmental issues. (Cross-listed with SSc 351.)

Ec 358 Intermediate Microeconomics

4 credits

Offers an advanced analysis of supply and demand, including consumer behavior, theory of the firm, market structure, factor markets, and general equilibrium. Prerequisite: Ec 201.

Ec 364 Benefit-Cost Analysis in Project Assessment

4 credits

Evaluates private and public investment projects. Analyzes the different investment criteria used to evaluate commercial and social investment projects, with an emphasis on benefit-cost criteria. Includes practical application to local problems. Prerequisite: Ec 201.

Ec 373 Development of Economic Thought

4 credits

Covers the evolution of economic thought, from preclassical views to the mainstream classical school, Keynesian, post-Keynesian, and neoclassical thought. Reviews major alternative schools, such as Marxist and institutionalist. Prerequisites: Ec 201, 202.

Ec 376 Intermediate Macroeconomics

4 credits

Examines the foundations of modern theory of government activity in the economy. Includes comparisons of Keynesian, monetarist, and post-Keynesian models and discussion of statistical and institutional problems. Addresses alternative theories of economic behavior as they apply to macroeconomic policy. Develops an integrated policy model. Prerequisite: Ec 202.

Ec 378 Business Cycles and Macroeconomic Forecasting

4 credits

Considers the causal factors in economic fluctuations, forecasting of future economic activities, and stabilization policies. Topics include patterns of business cycles, national income analysis and forecasting, and management forecasting. Prerequisite: Ec 376.

Ec 379 Economic Development

4 credits

Applies theories of economic growth and development to less-developed countries. Specific consideration is given to the process of development as it applies to agriculture, industrial policy, trade, structural adjustment, and women. Prerequisites: Ec 201, 202.

Ec 387 American Economic History

4 credits

Covers the economic development of the United States and the evolution of American economic institutions, from colonial times to the present. Prerequisite: junior or senior standing. (Cross-listed with Hst 387 and SSc 387.)

Ec 389 America in the Global Economy

4 credits

Examines the transformation of the American economy since World War II and its growing interdependence with and integration into the world economy. Emphasizes current problems such as budget and trade deficits, international debt, world competitiveness, protectionism, and economic cooperation with other countries. Prerequisite: junior or senior standing. (Cross-listed with SSc 389.)

Ec 399 Special Studies

Credit to be arranged

Ec 401/501 Research

Credit to be arranged

Ec 403/503 Thesis

Credit to be arranged

Ec 405/505 Reading and Conference

Credit to be arranged

Ec 407/507 Seminar

Credit to be arranged

Ec 408/508 Workshop

Credit to be arranged

Ec 409/509 Practicum

Credit to be arranged-maximum 4 credits a term and 15 credits total

Ec 482/582 Labor Relations

4 credits

Examines the laws governing employer/employee relationships, including common law, federal and state labor acts, administrative agencies, and union contracts. This legal relationship is studied within the broader context of historical trends, political policies, social expectations, and economic influences. Considers legal problems such as discrimination in employment, public employment, industrial health and safety, and minimum wages. BA 374 or Ec 325 recommended. (Cross-listed with BA 482/582.)

Ec 494 Capstone Experience

2 credits - maximum 6 credits total

Students work closely with a primary faculty advisor (chosen on the basis of the topic and the professor's areas of expertise) to integrate key elements from past coursework into a significant piece of economic analysis. As a way of providing more choices, the Department of Economics offers three ways for students to fulfill their capstone experience: complete (1) an internship with a business, government, or nonprofit organization, (2) an economics research project, or (3) a community service project. Students should pick the option they believe will help them the best in their career path.

Ec 496/596 Economics for Teachers

4 credits

Applies the principles of micro- and macroeconomics to the social sciences. Examines the importance of fundamental economic principles in individual, business, and bureaucratic decision making. Addresses strategies and methods for integrating economics into the K-12 social studies curriculum. Designed for secondary and elementary teachers. Also suitable for undergraduates who are considering entering the elementary or secondary social studies program at SOU. Not recommended for economics majors unless they are contemplating a teaching career.

 


This material is from the 2000-2001
Southern Oregon University Catalog.

Page revised August 8, 2000
Copyright 2000, Southern Oregon University.
1250 Siskiyou Blvd. Ashland, Oregon 97520
541/552-7672