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Economics
INTRODUCTION TO ECONOMICS-MICRO (3 cr.) 62:220:101:B6:90581 62:220:101:H6:91476 Consumer theory and market demand; production theory and market supply; market equilibrium; income distribution; and international trade. INTRODUCTION TO ECONOMICS-MACRO (3 cr.) 62:220:102:B6:90580 21:220:102:H1:90970 62:220:102:H6:91477 Major issues confronting the American economy; the nature of our private enterprise system, the role of government, the influence of the banking system, the problem of controlling inflation and deflation, and the requisites for a high level of national income and employment and a rising standard of living. STATISTICAL METHODS (3 cr.) 62:220:231:B6:91478 (CANCELLED) 21:220:231:H1:90315 62:220:231:H6:90776 Descriptive statistics, probability, sampling, estimation, hypothesis testing, and regression analysis; realistic application with the computer employed as a major tool. 62:220:322:H6:91479 Application of regression and other statistical techniques to economic problems; classical linear regression model developed with analysis of the underlying assumptions and the consequences of their violation; use of econometric techniques in micro- and macro-economic problems; computer-assisted applications. 62:220:323:H6:95039 (CANCELLED) Theoretical analysis of national income, employment, and price-level determination; roles of consumer and investor demand, interest rates, money supply, and fiscal and monetary policy considered within the framework of Keynesian, post-Keynesian, monetarist, and new classical theories. INTERNATIONAL ECONOMIC RELATIONS (3 cr.) Theoretical and practical considerations underlying international trade and finance; economic effects of tariffs and exchange restrictions; foreign investment and the problems of underdeveloped areas; a review of the United States foreign aid program and of the work of international financial institutions. REAL ESTATE FINANCE (3 cr.) This course provides students with the basic knowledge of Real Estate Finance, which applies economic models and analysis to residential and commercial real estate markets and their interaction with financial markets. The student who successfully completes this course will have an understanding of residential and commercial real estate markets and mortgages; subprime mortgages and collateralized mortgage securities and their impact in financial markets and on the state of the economy. MONEY & BANKING (3 cr.) The structured operation and consequences of the monetary system; role of money and banking in the organization and the fluctuations of our economic system; recent changes in the functions of the Federal Reserve System. Establish financial market fundamentals; survey asset pricing theories; examine market patterns and trading strategies. INDIVIDUAL STUDY IN ECONOMICS (BA cr.) By permission only.
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