ECON1010. Personal Finance (3)
An introduction to personal economics decision making with emphasis on the financial choices faced by individuals in the build-up and management of net worth. Topics covered include education and experience, earning and spending, savings and debt, taxes and inflation, insurance, investments, and contracts.
ECON1050. Analysis of Economic Issues (3)
Introduction to the theory of supply and demand, and application of this theory to economic issues such as social security, crime, medical care, poverty, higher education, economic systems, pollution, big business, free trade, the U.S. national debt, and economic growth. Prerequisites: ACT mathematics score of 20 or better; or, a college level mathematics course or Instructor's permission.
ECON2410. Principles of Microeconomics (3)
A study and application of microeconomic analysis; includes supply, demand, pricing, consumer choice, and international concerns.
ECON2420. Principles of Macroeconomics (3)
A study and application of macroeconomic analysis; includes gross national product, national income, consumption, investment, inflation, and economic growth and development, and international applications.
ECON3010. Personal Finance and Stewardship (3)
A study and application of planning and organizing personal finances. The class will also discuss how students manage, and address the challenges of becoming good stewards of their gifts, talents, time and resources. Topics covered include education and experience, earning and spending, savings and debt, giving and tithing, taxes and insurance, and social responsiveness. (See BSNS3010)
ECON3094. Special Topics in Economics (1-3)
An examination of various economic questions and theories not covered in other economic courses. Topics include: financial economics, game theory, health economics, labor economics, environmental economics, public finance and the history of economic thought. Prerequisites: Instructor's permission. May be repeated for credit.
ECON3150. Managerial Economics (3)
An application of tools of microeconomics to decision making by managers. Includes study of the internal and external economic environments of firms for managerial decision making. Topics include supply and demand, quantitative demand, analysis, production and costs, market structures, game theory, pricing strategies, organization of firms, and social perspectives on managerial decision making. Prerequisites: ECON2410 or Instructor's permission. Offered: Alternate years
ECON3510. Money and Financial Institutions (3)
A study of monetary economics: fluctuations of money, determinants on money supply and demand, study of financial institutions, determinants of interest rates, principles and practice of banking and financial intermediaries, formation of monetary policy, the Federal Reserve System, and international monetary forces. Prerequisites: ECON2420 or Instructor's permission. Offered: Alternate years
ECON3770. Saving and Investing (3)
An introduction to the economics of lifetime saving and investing decisions. Includes introduction to financial institutions involved in saving and investing, operation and properties of stock, bond, and real estate markets, role of tax laws and practices in life time saving and consumption decisions, time value of money principles, saving to achieve personal goals, rate of return and risks of alternative investments, in the context of principles of Christian stewardship. (See BSNS3770) Offered: Alternate years.
ECON4050. Global Economics (3)
A survey of the theory and practice of international trade and finance around the world. Includes examination of problems of developed and less developed countries in the world economy, globalization, international comparison of standards of living, theories of international exchange, currency markets, balances of international payments, trade policies, transitions from socialism, international economic institutions, regional economic integration and international economic crisis. Prerequisites: ECON2420 or Instructor's permission. Offered: Alternate years.