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Undergraduate - Clarion University

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<strong>Clarion</strong> <strong>University</strong> of Pennsylvania 149<br />

administration courses): BSAD 341, ECON 312, ECON 363,<br />

ECON 461, select six credits from the department’s<br />

international cultural course list. Foreign experience<br />

requirement: Students may meet this requirement in a<br />

variety of ways, including completing BSAD 437, COOP<br />

321/421, interning with a foreign or international firm,<br />

completing a foreign study abroad experience, or other<br />

qualified experience. Students who opt for an internship in<br />

a foreign country are advised to take a commercial language<br />

course and should be Level II proficient in that language.<br />

Modern language requirement: Students must show<br />

competency in a language other than English. This will be<br />

accomplished by passing a nationally-recognized language<br />

proficiency exam at Level I as a minimum in any language<br />

covered by that examination or completing six credits of a<br />

foreign language at the 200-level or higher.<br />

INTERNATIONAL BUSINESS, MINOR ................................ 18 credits<br />

Required: Students must complete 12-15 credits of upperdivision<br />

international business courses from among the<br />

following: ACTG 461, BSAD 341, ECON 312, ECON 361,<br />

ECON 363, ECON 461, FIN 480, MGMT 426, MKTG 469.<br />

Students must complete 3-6 credits from the following:<br />

BSAD 437, COOP 321/421, study abroad, or a foreign<br />

language.<br />

Economics Courses<br />

ECON/GS 140: CONSUMER ECONOMICS 3 s.h.<br />

Major aspects of personal financial management, including budgeting of income and expenditures, transactions, and relations<br />

with banks and other lending institutions, insurance and retirement plans, home ownership, personal taxes, savings, and investment<br />

plans. B.S.B.A. majors may apply this course only as a free elective. Alternate years.<br />

ECON 150: ECONOMIC ASPECTS OF AGING 3 s.h.<br />

An introductory analysis of economic factors associated with an aging population. Topics include the economics of providing<br />

for income maintenance, housing, health care, social service, and leisure activities. The economic implications of individuals and<br />

the economy will be discussed. Spring, biennially.<br />

ECON 175: ECONOMICS OF FREE ENTERPRISE AND PUBLIC POLICY 3 s.h.<br />

A basic introduction into the history of economics as a social science, the theory and application of microeconomics and<br />

macroeconomics, international economics, and economic alternatives in current social problems. This is a freshman-level course<br />

can be used only as general education elective in either the associate degree program or the baccalaureate degree programs. Majors<br />

in the College of Business Administration are excluded from the course. Each semester.<br />

ECON 202: ECOLOGICAL ECONOMICS 3 s.h.<br />

An examination of the interdependence between the economy and the environment. Alternative theories of justice which are<br />

used in deciding environmental issues are examined. Economic perspectives of problem resolutions will be examined in general<br />

and with respect to specific environmental problems. Spring, annually.<br />

ECON 211: PRINCIPLES OF MACROECONOMICS 3 s.h.<br />

Introduction to macroeconomics, national income analysis, money and banking, monetary and fiscal policies, inflation,<br />

unemployment, and international finance. Note: ECON 211 and 212 may be taken in either sequence. Each semester. Fall, annually<br />

at Venango.<br />

ECON 212: PRINCIPLES OF MICROECONOMICS 3 s.h.<br />

Introduction to microeconomics, consumer behavior and demand, organization of production, market structures, the pricing of<br />

inputs and outputs, and international trade. Note: ECON 211 and 212 may be taken in either sequence. Each semester.<br />

ECON 221: ECONOMIC AND BUSINESS STATISTICS I 3 s.h.<br />

Topics covered are descriptive statistics, probability, probability distributions, mathematical expectation, sampling distributions,<br />

and confidence intervals. Application of these statistical techniques in the areas of business and economics will be emphasized.<br />

Prerequisites: College algebra or equivalent and sophomore standing. Each semester. Fall, annually at Venango.<br />

ECON 222: ECONOMIC AND BUSINESS STATISTICS II 3 s.h.<br />

Topics covered are hypothesis testing, the analysis of variance, regression and correlation analysis, non-parametric statistics,<br />

and time series and index numbers analysis. Applications of these techniques in the area of business and economics are emphasized.<br />

Students are introduced to the use of a prewritten computer statistical estimation program. Prerequisite: ECON 221. Each semester.<br />

ECON 310: INTERMEDIATE MICROECONOMIC THEORY 3 s.h.<br />

The behavior of consumers, producers, and the economic theory of production and output determination in commodity and<br />

resource markets. Prerequisite: ECON 212. Each semester.<br />

ECON 311: INTERMEDIATE MACROECONOMIC THEORY 3 s.h.<br />

National income accounting and analysis, theories of consumption and investment expenditures, the role of money in a dynamic<br />

economy, economic growth, and public policy. Prerequisite: ECON 211. Fall, annually.<br />

ECON 312: COMPARATIVE ECONOMIC SYSTEMS 3 s.h.<br />

Analysis of alternative patterns of economic control, planning, and market structure. Experiences under capitalism, socialism,<br />

and mixed economics are compared and evaluated. Prerequisites: ECON 211 and 212. Spring, annually.<br />

ECON 314: URBAN AND REGIONAL ECONOMICS 3 s.h.<br />

Introductory subnational economics. Includes elementary trade theory, location theory, systems of cities, land use changes, and<br />

the employment and income generating activities of cities. The economics of housing, transportation, poverty, discrimination, and<br />

public sector activity are emphasized. Prerequisites: ECON 211 and ECON 212. Spring, biennially.<br />

College of Business<br />

Administration

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