Economics (ECO) Course Descriptions
2300 Economic Analysis. A one-semester introduction to microeconomics and macroeconomic principles. The course may not be taken to satisfy economics course requirements for the Bachelor of Business Administration degree. (fall, spring)
2301/ECO 2301 Principles of Macroeconomics. Economic principles, aggregate income, output, and employment; money, fiscal and monetary policy.
Prerequisite: Mathematics 1302, 1332, 1324 or equivalent. (fall, spring, summer I, summer II)
2302/ECO 2302 Principles of Microeconomics. Product pricing, resource allocation, factor pricing, income distribution, and economic growth; contemporary problems such as foreign trade and agriculture.
Prerequisite: Mathematics 1302, 1332, 1324 or equivalent.(fall, spring, summer I, summer II)
3320 Economics for Managers. The application of economic theory to the management of firms. Includes topics of demand and consumer behavior, production and costs, theory of firms, and public policy towards business. This course is specifically designed for business majors.
Prerequisite: Economics 2300, or Economics 2301 and 2302. (fall)
3331 Comparative Economic Systems. This course is a study of various types of economic systems ranging from a free market economy to a centrally planned economy. This includes capitalism, socialism, communism, and modifications to these basic models.
Prerequisite: Economics 2300, or Economics 2301 and 2302.
3360 Money and Banking. The role of money, financial markets and institutions. Monetary theory, central bank monetary policy and the international financial system. (Credit may not be earned for this course and Finance 3360).
Prerequisite: Economics 2301. (fall, spring)
4307 International Economics. Introduction to international trade and finance. Centered on present day currency arrangements with consideration of recent and proposed reforms of the international financial system. Includes the principles that govern world trade and investments with discussion of the factors that determine the direction of trade, and policies that inhibit the free flow of trade.
Prerequisite: Economics 2301 and 2302. (spring)
*5191 Independent Study in Economics (1-0). A specialized on-line course in Economics which is required for students who need additional background study in the area. Credit may not apply towards MBA degree requirements. Grading will be either pass or fail. Prerequisite: Permission of the Instructor.
6300 Economic Theory and Policy (3-0). This course combines macroeconomics, including demand and supply, unemployment, inflation, grossdomestic product, the U.S. banking system, and microeconomics, including consumer choice, rents, profits, the firm’s cost and output determination, competition, monopoly, and the labor market.
6311 Managerial Economics. A survey of microeconomic theories and analysis methods with applications in business problems for managerial decision making. Topics include demand analysis and estimation, cost, market structures and pricing.
Prerequisite: Economics 2302 and Management Science 6301. (spring)
Angelo State University Undergraduate and Graduate Catalog 2013-2014