Academic Catalog 2021-2022

Economics (ECON)

ECON 131  Introductory Economics  (3 Credits)  

Introductory Economics (3) Study of the American macro and micro economic system and the basic economic principles which underlie the production, distribution, and consumption of goods and services. One-semester course designed to satisfy requirements in other disciplines like Education, Medical Technology, Pharmacy, etc. Three hours of lecture per week. Listed as ECON 1301 in the Texas Common Course Numbering System.

College/School: JHJ School Of Business

Department: Dept Finance & Economics

ECON 315  Environmental Economics  (3 Credits)  

Environmental Economics (3) Introduction to the economic analysis of environmental problems. Emphasis placed on the cause of environmental problems, types of externalities, determination of the optimal rate of pollution, alternative strategies for solving environmental problems, and the current state of U.S. environmental policy. Three hours of lecture per week. Prerequisite: ECON 131 or ECON 232.

Prerequisite(s): (ECON 131 or ECON 232)

College/School: JHJ School Of Business

Department: Visual & Performing Arts

ECON 325  Health Economics  (3 Credits)  

Health Economics (3) Introduction to the economic analysis of health services and health policy. Emphasis placed on the effects of uncertainty and incomplete information on the market for medical care and alternative strategies for controlling the cost of health care. Three hours of lecture per week. Prerequisite: ECON 131 or ECON 232.

Prerequisite(s): (ECON 131 or ECON 232)

College/School: JHJ School Of Business

Department: Dept Finance & Economics

ECON 330  Intermediate Microeconomics  (3 Credits)  

Intermediate Microeconomics (3) Economic theories pertaining to business and household decision-makers and to market behavior under various degrees of competition. Three hours of lecture per week. Prerequisites: ECON 231 and ECON 232.

Prerequisite(s): (ECON 231 and ECON 232)

College/School: JHJ School Of Business

Department: Dept Finance & Economics

ECON 332  Labor Economics  (3 Credits)  

Labor Economics (3) Economic theories and analyses of labor markets, wages, rates, collective bargaining, labor legislation, unemployment, and other labor problems. Three hours of lecture per week. Prerequisites: ECON 231 and ECON 232.

Prerequisite(s): (ECON 231 and ECON 232)

College/School: JHJ School Of Business

Department: Dept Finance & Economics

ECON 336  Intermediate Macroeconomics  (3 Credits)  

Intermediate Macroeconomics (3) Economic theories pertaining to the determination of aggregate income, output, employment, and price level. Economic policies to achieve stability and economic growth analyzed. Three hours of lecture per week. Prerequisites: ECON 231 and ECON 232.

Prerequisite(s): (ECON 231 and ECON 232)

College/School: JHJ School Of Business

Department: Dept Finance & Economics

ECON 337  Monetary Theory & Policy  (3 Credits)  

Monetary Theory and Policy (3) Study of the money supply and the impact of monetary policies on interest rates, prices, and the level of aggregate income. Three hours of lecture per week. Prerequisites: ECON 231 and ECON 232.

Prerequisite(s): (ECON 231 and ECON 232)

College/School: JHJ School Of Business

Department: Dept Finance & Economics

ECON 339  Econ Of Money & Banking  (3 Credits)  

Economics of Money and Banking (3) Theory and analysis of money, banking, and the financial system. Emphasis on money creation and the Federal Reserve System's control of the money supply. Three hours of lecture per week. Prerequisites: ECON 231 and ECON 232.

Prerequisite(s): (ECON 231 and ECON 232)

College/School: JHJ School Of Business

Department: Dept Finance & Economics

ECON 431  Economics of Public Finance  (3 Credits)  

Economics of Public Finance (3) Study of the theoretical structure employed in examining the economic role of government and the use of this structure to explore a number of current policy issues. Three hours of lecture per week. Prerequisites: ECON 330 and ECON 336 or consent of the instructor.

Prerequisite(s): (ECON 330 and ECON 336)

College/School: JHJ School Of Business

Department: Dept Finance & Economics

ECON 436  Urban Economics  (3 Credits)  

Urban Economics (3) Survey of urban economic problems, including those concerned with transportation, health services, and taxation. Analysis of alternative remedies for issues related to the urban economy addressed. Three hours of lecture per week. Prerequisites: ECON 231 and ECON 232.

Prerequisite(s): (ECON 231 and ECON 232)

College/School: JHJ School Of Business

Department: Dept Finance & Economics

ECON 437  Intro to Econometrics  (3 Credits)  

Introduction to Econometrics (3) Basic mathematical, statistical, and computer techniques used in estimating and testing relationships among economic variables. Three hours of lecture per week. Prerequisites: 6 semester credits in statistics.

Prerequisite(s): (MGSC 239 or MATH 231) and (MATH 133 or MATH 134 or MATH 135)

College/School: Liberal Arts & Behavioral Scie

Department: Dept Finance & Economics

ECON 440  Managerial Economics  (3 Credits)  

Managerial Economics (3) Application of economic theory to managerial decision making with emphasis on optimization, uncertainty, demand theory, production theory, cost theory, and profit analysis. Three hours of lecture per week. Prerequisites: ECON 231 and ECON 232.

Prerequisite(s): (ECON 231 and ECON 232)

College/School: JHJ School Of Business

Department: Dept Finance & Economics

ECON 442  International Economics  (3 Credits)  

International Economics (3) Analysis of problems and effects of international trade with emphasis on import-export imbalances, balance of payments, international flows of capital, foreign exchange rates, and international trade financing. Three hours of lecture per week. Prerequisites: ECON 231 and ECON 232. Offered as needed.

Prerequisite(s): (ECON 231 and ECON 232)

College/School: JHJ School Of Business

Department: Dept Finance & Economics

ECON 443  Economics of Development  (3 Credits)  

Economics of Development (3) Analysis of the problems and issues involved in the economic modernization of developing and third world nations. Various theories of economic development and their applicability in specific instances examined. Three hours of lecture per week. Prerequisites: ECON 231 and ECON 232.

Prerequisite(s): (ECON 231 and ECON 232)

College/School: JHJ School Of Business

Department: Dept Finance & Economics

ECON 2301  Principles Of Economics I  (3 Credits)  

Principles of Economics I (3) Introduction to macro economic analysis pertaining to the overall performance of the economy. Emphasis on measurement of aggregate output, determination of the level of income and employment, and evaluation of various monetary and fiscal policies of government. Three hours of lecture per week. Prerequisites: 6 semester credits of Mathematics. Listed as ECON 2301 in the Texas Common Course Numbering System.

College/School: Liberal Arts & Behavioral Scie

Department: Dept of History & Geography

ECON 2302  Principles Of Economics II  (3 Credits)  

Principles of Economics II (3) Introduction to micro economic analysis of pricing and output decisions, resource allocation, market structure, income distribution, and international trade. Problems of agriculture, labor unions, and other sectors of the economy addressed. Three hours of lecture per week. Prerequisites: 6 semester credits of Mathematics. Listed as ECON 2302 in the Texas Common Course Numbering System.

Prerequisite(s): MATH 133 or MATH 136 and MATH 138

College/School: Liberal Arts & Behavioral Scie

Department: Dept of History & Geography