2019-2020 BSC Catalog

154 ACADEMIC PROGRAMS
and inequality, and examines the effectiveness of public policies aimed at reducing
poverty.
EC 293, 393, 493 Independent Study in Economics (½ or 1)
Directed study for advanced students in the major. One independent study course (at the
300 level or above) may count towards the economics major. Specific guidelines
concerning independent study projects appear in the “Exploration Term and Contract
Learning” section of this catalog.
EC 297, 397, 497 Internship in Economics (½ or 1)
An internship opportunity allowing students to practice career skills and/or further
develop abilities beneficial for graduate study. Specific guidelines concerning internships
appear in the “Exploration Term and Contract Learning” section of this catalog.
EC 298, 398, 498 Teaching Experience in Economics (½ or 1)
A teaching experience course. Specific guidelines concerning teaching experiences
appear in the “Teaching Experiences” section of this catalog. Open to sophomores,
juniors, or seniors with consent of major advisor.
EC 303 Money and Banking (1)
A study of the financial intermediary and payments system of the United States;
operations, supervision and history of commercial banks; the Federal Reserve System and
its control of the money supply; the economy of the United States and the influence
thereon of monetary policy; the international payments system; money and capital
markets. Prerequisite: EC 201.
EC 308 Macroeconomics (1)
A study in depth of the aggregates of economic society: Gross National Product, national
income, personal income; the balance of savings and investment; economic stability;
economic growth. Prerequisites: EC 201, EC 202, and MA 231. Fall.
EC 309 Microeconomics (1)
A survey of contemporary theory concerning consumption, production, demand, supply;
market price under competition and monopoly; factor prices; wages, interest, rent; the
concept of profits. Prerequisites: EC 201, EC 202, and MA 231. Spring.
EC 310 Asian Economies (1)
An introduction to the history of Asian economies, their current macroeconomic policies
and micro business environment. Topics to be studied include the “economic miracles” of
Japan and four Asian Tigers, developmental strategies of China, India, and Southeast
Asian economies, and United States-Asia relations on the basis of a geographical,
cultural, and historical approach. Prerequisite: EC 201.
EC 311 Quantitative Analysis for Business and Economics (1)
Selected methods and techniques related to managerial choice and administrative
Birmingham-Southern College Catalog 2019-2020