Economics and Banking Course Descriptions

2113 PRINCIPLES OF MACROECONOMICS
Examines the nature of market economies and the roles of private and public institutions and organizations in facilitating the efficient production, exchange, consumption, and accumulation of wealth. Overall performance concerns with inflation, unemployment, and growth are examined in the light of a variety of theoretical policy perspectives. May be taken before ECON 2213.
2213 PRINCIPLES OF MICROECONOMICS
Introduces the roles of the market price system in managing the use of society's resources and in rationing available supplies. The efficiency of resource management is examined i n the light of a variety of more or less competitive market environments. Conclusions are inferred from the rational behavior of optimizing decision-makers. May be taken before ECON 2113.
3633 PUBLIC FINANCE
Investigates the economic and institutional justification for government spending and its financing through taxation and debt creation. (Prerequisites: ECON 2113 or 2213)
5133 MANAGERIAL ECONOMICS
An application of microeconomic principles to business decision-making. Economic theory and quantitative methods are applied to managerial decisions about pricing, production, profit maximimization, and government restraints. It is presumed the student has an understanding of preliminary calculus.