Meets General Education Social Science requirement. The application of various economic models to contemporary economic problems, expanding upon the basic analysis developed in ECO 110. Emphasis is placed upon developing the ability to use models as tools to understand both the nature of these problems and the basis for contending policy options. ECO 110 or 117. Explains the usefulness and limitations of these models in determining appropriate fiscal, monetary and international trade policies.
Primary focus is on demand, cost, production, market structure, and pricing policies.
Examines both the theoretical significance and philosophical biases of the models developed by different schools of economic thought. ECO 110 or 117 and 210. The role of finance in the economy and the nature of money and other financial assets. Emphasizes the role of principal financial markets and their relationship to the economy through study of fund flows, monetary theory, and policy. Possible topics include public finance, comparative economic systems, urban and regional economics, and econometrics.