Neoclassical economics and critiques of the neoclassical theories of value and distribution. 3 credits Introduction to Managerial Economics Survey of the principal applications of the theory and analytical techniques of economics to the problems of business management. A critical survey of the principal concepts of modern neoclassical microeconomics and alternatives to it. Keynesian, monetarist, post- Keynesian, rational expectations and real business cycle theory. Macroeconomics of open economies.
Macroeconomic theory is applied to the current U.S. economic situation.
The fundamental rights of the consumer are examined and stress is placed on how an individual may become a better educated consumer as well as what government can do and is doing in the field of consumer protection. An introductory survey of the evolution of the market economy of the United States up to World War I and of American thought concerned with the problems arising from such changes. Major topics include organization and functioning of financial intermediaries, the key economic roles of lending institutions and the Federal Reserve System, contemporary monetary theories, international financial structures. Public Finance Beginning course in government finance. The structure and functioning of the American economic system, a review of the issues involved in current economic problems, a discussion of the problems and needs of consumer and economic education, and a review of the latest innovations and methods of teaching economics at the elementary and high school levels.