Courses of Study - William Jewell College

Courses of Study –
Business Administration and Economics
Prerequisite: sophomore standing.
202. Principles of Macroeconomics. 3 cr. hrs.
National income accounts, commercial banking and
the Federal Reserve System, and government policies
for achieving stable prices and full employment.
Prerequisite: ECO 201.
306. Microeconomics (The Price System). 3 cr.
hrs. The study of prices, production, consumption,
resource allocation and market structures begun in
ECO 201, which is prerequisite. Students may not
receive credit for both ECO 306 and ECO 308.
Offered on demand.
307. Macroeconomics (National Income Activity
and Employment). 3 cr. hrs. A study of macroeconomic
theory from 1890 to the present. The
course shows how theory was changed in respect
to changes in the economy. Prerequisite: ECO 202.
Spring semester.
308. Managerial Economics. 3 cr. hrs. Applied
economic analysis of the firm, competitive structure
within which it operates, and aggregate economic
conditions which affect its decisions. Prerequisite:
ECO 201, MAT 155 or GEN 104, BUS 318. It is
strongly recommended that students take BUS 318
before ECO 308. Students may not receive credit for
both ECO 306 and ECO 308.
320. Industrial Organization. 3 cr. hrs. An
analysis of the organization and behavior of firms
and industries based upon economic theory and
government competition policy. Specific topics
include small versus large firms, mergers and
acquisitions, entrepreneurship, competitive strategies
and business ethics. Prerequisite: ECO 201 or
consent of instructor. Offered on demand.
324. Labor Economics. 3 cr. hrs. The theory of
wages, segmented labor markets, human capital, and
the causes of unemployment. Prerequisite: ECO 201.
Offered every third semester by the Evening Division.
326. Introduction to Econometrics. 3 cr. hrs.
This course is an introduction to economic modelbuilding
and forecasting. It presents a variety of
models including regression, simulation, and timeseries
models. Practical problems involved in forecasting
will be discussed. Prerequisite: BUS 318.
Offered on demand.
402. Money and Banking. 3 cr. hrs. History and
structure of the banking system, objectives and
instruments of monetary policy, current monetary
issues and problems. Prerequisite: ECO 202 or consent
of instructor. Spring semester.
404. Introduction to International Economics. 3
cr. hrs. Trade incentives and patterns, comparative
advantage, trade barriers and agreements, international
finance and financial institutions. Prerequisite:
ECO 201 and ECO 202 or consent of instructor.
Fall semester.
418. Public Finance. 3 cr. hrs. The American tax
and expenditure system as it affects employment efficiency,
income distribution, and other objectives.
Prerequisite: ECO 201 or consent of instructor.
Offered on demand.
451. Seminar in Economics. 3 cr. hrs. Writing,
presenting and discussing of substantive papers on
selected seminar topics. Prerequisite: senior standing
or consent of instructor. Offered on demand.
Individual Projects
in Economics
360. Independent Studies in Economics. 1-3 cr. hrs.
460. Independent Studies in Economics. 1-3 cr.
hrs. Opportunities to pursue study in topics of particular
interest are provided in independent studies
with consent of instructor.
481. Economics Internship. 6 cr. hrs. max. Open
to majors who have demonstrated excellence in economics;
enrollment with consent of department
through regular registration procedures. Requests
must be submitted to the department before the term
in which the work is to be completed. Available only
with firms having an established intern program.
International Business
and Language
The International Business and Language Major is a
specially designed program planned for students
who are strongly interested in foreign languages and
who plan a career in international business. It is not
the same as two majors, one in Business, the other
in French or Spanish, but it includes features of
both majors. It includes substantial study of the lan-
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