Arkansas State University
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Accredited AACSB International       

ECON2313
(3 hrs)

Principles of Macroeconomics National income accounting, inflation and unemployment, competing theories of national income, fiscal policy, the Federal Reserve system and monetary policy, and international trade.  (F, S, SU)
ECON2323
(3 hrs)
Principles of Microeconomics Principle of resource allocation, supply and demand, consumer behavior, costs of production, the competitive model, oligopoly, and factor markets. (F, S, SU)
ECON2333
(3 hrs)
Economic Issues and Concepts Designed to give the student a basic understanding of our economic system. Basic economic concept will be explored and contemporary economic problems and issues will be examined in light of the concepts learned. (F, S)
ECON3313
(3 hrs)
Microeconomic Analysis Designed to develop an analytical framework for the study of the determination of relative prices and the allocation of resources in a market economy. The course will cove consumer choice and demand, resource utilization and the theory of the firm, competitive market equilibrium and resource allocation, and non-competitive market structures. Prerequisites: ECON 2313 and 2323. (F)
ECON3323
(3 hrs)
Money and Banking Monetary and banking history, with emphasis on the theory of money and banking in the United States, operations of commercial banks and the Federal Reserve System. Prerequisites: ECON 2313 and 2323. (F, S, SU)
ECON3343
(3 hrs)
Comparative Economic Systems Comparative study of alternative economic systems. Emphasis is given to the institutions and principles which guide the use of scarce resources to want satisfaction. Particular attention is given to the operation of actual economic systems concerning the extent to which they are market directed or government directed. (S)
ECON3353
(3 hrs)
Macroeconomic Analysis Explains economic theories as they relate to national policy making. Emphasis on causes of inflation and unemployment. Prerequisites: ECON 2313 and 2323. (S)
ECON3363
(3 hrs)
Labor Economics The economics of labor markets; factors affecting the economy's demand for labor and the decisions of workers to supply labor. Current labor market problems such as unemployment, unions, poverty, and productivity will be analyzed. Prerequisites: ECON 2313 and 2323. (S -odd)
ECON3743
(3 hrs)
Economics of Intercollegiate Athletics  Honors course examining the economic environment of the NCAA, its impact on athletic programs, and in particular the impact on ASU’s athletic program, which is examined as a case study. The course also investigates socioeconomic factors regarding student-athletes before, during, and after their college careers.
ECON4103
(3 hrs)
International Trade  Economic theory and history of international trade. Foreign exchange and balance of payments will be stressed. Prerequisites: ECON 2313 and 2323.  This course is cross-listed with IB 4103.  (F,S,Su)
ECON4313
(3 hrs)
History of Economic Thought  Brief review of the doctrines of economics thinkers from early time through Marshall. Broader study of modern writers and theories. Prerequisites: ECON 2313 and 2323, or ECON 2333. (F)
ECON4323
(3 hrs)
Public Expenditures and Taxation Deals with public revenues, the theory of taxation, institutions and problems of the revenue system as a whole, and the effects of the taxing, spending, lending, and borrowing by government units upon the national income and employment. Prerequisites: ECON 2313 and 2323, or ECON 2333. (F)
ECON4333
(3 hrs)
Government Regulation of Business Critical study of the impact of legislation and commission regulation on business policies. Prerequisites: ECON 2313 and 2323. (SU)
ECON4343
(3 hrs)
Managerial Economics  Practice in the use of economic principles in solving business problems. Areas covered include uncertainty, forecasting, demand analysis, and capital management. Prerequisites: ECON 2313 and 2323, QM 2113 and 3523. (F, S, SU)
ECON4353
(3 hrs)
Economic Development Primary concern is with theories and methods of economic development for developing countries. Agriculture, population, investment, natural resources, international relations and economic aid are the main topic of the course. Prerequisites: ECON 2313 and 2323. (F)
ECON4681-2-3
(1-3 hrs)
Special Problems in Economics Individual problems in economics arranged in consultation with the instructor. Must be approved by department chair. (F, S, SU)
ECON5323
(3 hrs)
Public Expenditure and Taxation  Deals with public revenues, the theory of taxation, institutions and problems of the revenue system as a whole, and the effects of the taxing, spending, lending, and borrowing by government units upon the national income and employment.  Prerequisites:  ECON 2313, 2323 or 2333. 
ECON5333
(3 hrs)
Government Regulation of Business Survey of theoretical treatments of oligopoly, natural monopoly, mergers, vertical restraints, and price discrimination; social welfare tradeoffs associated with public regulation of electric, natural gas, cable TV, and telecommunications firms.  Prerequisites:  ECON 2313, 2323
ECON5353
(3 hrs)
Economic Development  Primary concern is with theories and methods of economic development for developing countries.  Agriculture, population, investment, natural resources, international relations and economic aid are the main topics of the course.  Prerequisites: ECON 2313, 2323
ECON6313
(3 hrs)
Managerial Economics  A complete survey of price theory as applied to business decision making and a summary of public policy toward business.    Prerequisites: ECON 2313, 2323
ECON6353
(3 hrs)
Environmental Economics  This course provides analysis of some of the most important areas of environmental economics.  Areas stressed include the economics of pollution control, the application of cost benefit analysis to the environment, the economics of sustainable development, environmental policy development, and global environmental issues.  Prerequisites:  ECON 3313, equivalent, or consent of instructor. (S even)

  





 

ASU Department of Economics and Finance
Business Building • 103 Cooley Drive • P.O. Box 239
State University, Arkansas 72467
Voice 870.972.2280 • FAX 870.972.3863

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