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Economics (ECON)

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Course Descriptions  -  Lewis-Clark State College 2002-2003 Catalog


ECON 101 - Contemporary Economics (3 cr.)

Builds breadth of understanding with respect to current economic events, problems and issues in the nation and world. May not be used by Business Administration and Management majors to satisfy the General Education Distributive Component.

ECON 102 - Consumer Economics (3 cr.)

Builds breadth of knowledge regarding consumers as an economic force and the impact of global and national economic trends on personal finance. May not be used by Business Administration and Management majors to satisfy the General Education Distributive Component.

ECON 201 - Principles/Theory of Macroeconomics (3 cr.)

Examines the problems of unemployment and inflation, and the measurement of aggregate activity and other performance activity, and principles of Gross Domestic Product determination. The influence of monetary and fiscal policy are considered.

ECON 202 - Principles/Theory of Microeconomics (3 cr.)

Builds breadth of knowledge regarding the economic principles which govern the production, exchange, and pricing of goods, services and resources and the distribution of incomes in competitive and non-competitive markets. Recommended for students who have completed high school algebra.

ECON 292/392/492 - Special Topics in Economics (1-3 cr.)

Pre-requisite: Consent of instructor.

ECON 300 - Business Statistics (3 cr.)

Survey of descriptive and inferential statistical concepts commonly used in the treatment of data in social science research. The understanding and application of the concepts will be emphasized. Topics include: measures of central tendency, measures of variability, correlation methods, hypothesis testing and simple analysis of variance. Pre-requisite: MATH 130 or MATH 160.

ECON 301 - Intermediate Macroeconomics

 (3 cr.)

Compares alternative theories of GNP determination and examines the determination of the aggregate price level. The potential and limitations of demand management policy as an influence on performance are examined. Pre-requisites: ECON 201and ECON 202.

ECON 302 - Intermediate Price Theory (3 cr.)

Analyzes the market process and its role in allocating resources, outputs and income. Alternative market structures and their impact on consumer welfare are stressed, as are the roles of costs and consumer preferences in guiding the decisions of profit-oriented enterprise. Pre-requisites: ECON 201 and ECON 202.

ECON 465 - International Economics (3 cr.)

Investigates various dimensions of international economics from comparative and classical perspectives followed by an analysis of costs, benefits and regulation of international commerce. Pre-requisites: ECON 201 and ECON 202.

 
 

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