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Microsoft Word MU 2009-2010.doc - Methodist University

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ECO 216 STATISTICS FOR BUSINESS AND ECONOMICS3 s.h.Inferential statistics using business and economics data. Principal topics: probability, hypothesis testing,regression and correlation, and time series and forecasting. Prerequisite: MAT 105 or higher. This course isoffered every fall and spring.ECO 261 PRINCIPLES OF MACROECONOMICS3 s.h.Aggregate income measurement and analysis, fiscal and monetary policy, inflation, unemployment, andother current issues. This course is offered every fall and spring.ECO 262 PRINCIPLES OF MICROECONOMICS3 s.h.Price theory applied to product and resource markets with emphasis on pricing and output decisions undervarious market conditions. This course is offered every fall and spring.ECO 301 ENTREPRENEURSHIP3 s.h.Emphasis on business formation: feasibility studies, legal and financial aspects of startup, taxconsiderations, business valuation techniques, and accounting control systems. Prerequisites: ACC 253and ECO 262. This course is offered as needed.ECO 311 MONEY, BANKING AND FINANCIAL MARKETS3 s.h.The functions of money and financial markets, commercial bank operations, the Federal Reserve System,the macroeconomy, and the impact of monetary policy upon economic stabilization and growth.Prerequisites: ECO 261 and 262. This course is offered every fall and spring.ECO 313 MANAGERIAL ECONOMICS3 s.h.Intermediate-level treatment of microeconomic theory and its application to managerial decision-making.Prerequisites: ECO 216, 261, and 262. This course is offered every fall semester.ECO 316 ADVANCED STATISTICAL ANALYSIS3 s.h.An advanced study of statistical analyses frequently used in business decision-making and economicforecasting. Emphasis on both multiple regression and analysis of variance. Particular attention given totime series analysis. Survey sampling and Chi-Square tests also are included. Prerequisite: ECO 216 orpermission of instructor. This course is offered in the fall semester, even-numbered years.ECO 400 CURRENT ECONOMIC ISSUES3 s.h.Selected contemporary policy issues, e.g., the economic role of government, poverty, debt financing, freetrade vs. protectionism, entrepreneurship, and problems of fiscal and monetary management. Prerequisites:ACC 251 and ECO 261 and 262. Recommended: ACC 253. This course is offered as needed.ECO 420 COMPARATIVE ECONOMIC SYSTEMS3 s.h.Capitalism, socialism, communism, and fascism as economic systems and as philosophies; resourceallocation, distribution of income and the rise of centralized economic planning in developing countries.Prerequisites: ECO 261 and 262. This course is offered as needed.ECO 451 LABOR ECONOMICS AND HUMANRESOURCE MANAGEMENT3 s.h.Principles of economics applied to the human resource and its market with emphasis on hiring, training,labor legislation, and compensation policies relevant to the management of people at work. Prerequisites:ECO 261 and 262. This course is offered as needed.ECO 452 INTERNATIONAL TRADE AND FINANCE3 s.h.International trade theory and practice, the financial dimensions of multinational exchange, institutionalfeatures and channels of marketing, and international corporate relationships. Designated writingenrichmentcourse for Financial Economics majors. Prerequisites: ECO 261 and 262. This course isoffered as needed.125

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