2013-2014 Course Catalog - PDF Format - Flagler College

208 FLAGLER COLLEGE
ECONOMICS
labor force and movement. Issues addressed include an analysis of the unique
characteristics of the labor market; history and role of the organized labor
movement; market forces determining wage rates and hours expended; collective
bargaining; labor mobility; and regulation of the labor market.
ECO 391, 392, 393 – Independent Study (1-6, 1-6, 1-6)
Study in a special area of student interest, subject to departmental approval
and supervision. This course is graded on a letter grade system.
ECO 415 – History of Economic Thought and Systems (3)
Prerequisites: ECO 201 and ECO 202. A detailed examination of the origins
of economic analysis beginning with the ancient Egyptians and continuing
through to modern approaches. There is particular emphasis on the Classical
period. Offered spring semesters.
ECO 417 – Sociological Applications of Economics (3)
Prerequisites: ECO 201 and ECO 202. A study of different aspects of family
life as viewed through microeconomic principles. Coverage includes the division
of labor in households, marriage markets, the demand function for children, and
altruism within the family.
ECO 420 – Managerial Economics (3)
223. Students learn how to solve business problems and gain competitive
advantage by combining microeconomic theory and powerful quantitative
methods. Topics include forecasting consumer demand using linear regression,
production and cost analysis, optimal pricing and production decisions, and
capital budgeting.
ECO 430 – Health Economics (3)
Prerequisites: ECO 201 and ECO 202. Microeconomic theory is used to
understand the operation of health care markets and the behavior of participants
(consumers, insurers, physicians, and hospitals) in health care industries.
International comparisons are made and the role of the public sector is investigated.
ECO 440 – Selected Topics (3)
Prerequisites: ECO 201 and ECO 202. An in-depth examination of a topic in
economics which is not covered in existing courses.
ECO 450 – Econometrics (3)
Prerequisites: ECO 201, ECO 202, MAT 201, MAT 223. An introduction
to testing economic hypotheses using statistical methods. Topics will include
hypothesis testing, single-variable and multivariate linear regression,
introductory nonlinear regression, and pitfalls in regression. Students will use a
computer-based statistical package to practice techniques learned in class, and
will also present a course project based on the use of these techniques.