ECO Economics Courses at Global Campus

Introduction to national income determination and the equilibrium level of output and employment. Monetary and fiscal policies as well as open economy issues are discussed. Recommended prerequisites: Fulfillment of the General Education Critical Thinking core competency and Digital Literacy competency.

ECO 204 is an introduction to the microeconomic principles of the market system and provides a general outline of the consumer and producer choice theories. The course also discusses other important microeconomic concepts like supply and demand, externality, elasticity, pricing and profitability. Other topics include various levels of firm and industry competition associated with different market structures. Recommended prerequisites: Fulfillment of the General Education Critical Thinking competency, Quantitative Reasoning Core competency, and Digital Literacy competency. (Equivalent to ECO 308).

Examines money and capital markets, with particular emphasis on the factors that determine interest rates. Additionally, it will delve into the prominent financial institutions, both public and private including the Federal Reserve System and the role it plays in influencing financial and economic outcomes. The course will also explore the various types of financial instruments such as bonds, equities, and derivative instruments. Prerequisite: ECO 100 or ECO 203. (Cross-listed as BUS 316.)

This course will focus on the global environment of firms with particular emphasis on economic variables such as GDP, inflation, interest rates, and exchange rates. Topics include international trade, international finance, and regional issues in the global economy.

This course introduces students to multiple regression methods for analyzing data in economics and related disciplines. Students will study regression analysis using theories and data sets in order to understand the core concepts of estimation of economic parameters, prediction of economic outcomes, and statistical inference. The mathematics of econometrics will be introduced only as needed and will not be a central focus. Prerequisites: BUS 308, and fulfillment of the Quantitative Reasoning Core competency.

Topics include analysis of economic fluctuations and their impact on corporations and consumers; different explanations for business cycles; monetary and fiscal policy for stabilizing economic fluctuations; effects of public debt, investment, employment and trade policy on economic growth. Prerequisite: ECO 203.

This course will focus on the application of economic principles and analyses to contemporary business problems and managerial decision making. Emphasis will be given to price and production decision making for profit maximization, investment decision making for a new project, strategic decision making in various business situations, and decision making with risks and uncertainty. Prerequisite: ECO 204.

This course will study international economics with respect to the global aspects of supply and demand. This class will review and evaluate international trade theories, geographic trade patterns, globalization, multinational corporations, and international variations of corporate and national economic policies. By the conclusion of this class, the student will be able to compare and contrast international financial and trade frameworks, and describe the problems and challenges facing the multinational corporation.