UNDERGRADUATE CATALOG - UMUC Europe

CouRsE dEsCRiPtions
ECon 210 tHRougH EdCP 100
EConomiCs
Courses in economics (designated ECON) may be applied as
appropriate, for example, toward:
G the general education requirement in the behavioral and
social sciences;
G a major in social science;
G a minor in economics; and
G electives.
ECon 201 Principles of macroeconomics (3)
An introduction to the problems of unemployment, inflation,
and economic growth. Emphasis is on the roles of monetary
policy and fiscal policy in determining macroeconomic policy.
The efficacy of controlling wages and prices is analyzed.
Students may receive credit for only one of the following
courses: ECON 201 or ECON 205.
ECon 203 Principles of microeconomics (3)
Analysis of the principles underlying the behavior of
individual consumers and business firms. Topics include
problems of international trade and finance, distribution of
income, policies for eliminating poverty and discrimination,
problems of environmental pollution, and effects of various
market structures on economic activity.
ECon 301 Current issues in American Economic Policy (3)
Prerequisites: ECON 201 and ECON 203. Analysis of
current economic problems and public policies. Topics
include market power, federal budget and tax policy,
governmental regulation, inflation, unemployment, poverty
and distribution of income, and environmental issues.
ECon 380 Comparative Economic systems (3)
Prerequisites: ECON 201 and ECON 203. A comparative
analysis of the theory and practice of various types of
economic systems, especially the economic systems of the
United States, the former Soviet Union, the People’s Republic
of China, Western and Eastern Europe, and less-developed
countries.
ECon 430 money and banking (3)
Prerequisites: ECON 201 and ECON 203. An examination
of the structure of financial institutions and their role in
providing money and near-money. Institutions, processes,
and correlations analyzed include the functions of the Federal
Reserve System, the techniques of central banks, the control
of the supply of financial assets as a mechanism of stabilization
policy, and the relationship of money and credit to economic
activity and prices. Students may receive credit for only one of
the following courses: ECON 430 or ECON 431.
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UndERGRAdUATE CATALoG | 2009-2010
ECon 440 international Economics (3)
Prerequisites: ECON 201 and ECON 203. A description
of international trade and an analysis of international
transactions, exchange rates, and balance of payments. Policies
of protection, devaluation, and exchange-rate stabilization and
their consequences are also analyzed. Students may receive
credit for only one of the following courses: BEHS 440,
ECON 440, or ECON 441.
EduCAtion
UMUC does not offer a major or minor in education. But
courses in education from other institutions may be accepted
as transfer credit and applied toward electives.
Students enrolling for career purposes should inquire with the
state where they plan to teach for information about specific
curriculum requirements.
EduCAtion PRinCiPlEs
Courses in education principles (designated EDCP) do not
apply toward teacher-certification requirements.
Lower-level courses are intended to help students learn how
to succeed in their college careers. They are recommended
for students who have been away from school or who need to
improve their academic skills.
EDCP 100 and 103 do not fulfill the general education
requirements in communications; they may be used as elective
credit only.
EdCP 100 Principles and strategies of
successful learning (3)
An introduction to knowledge and strategies designed to
promote success in the university environment. Focus is on
developing the study, interpersonal, and self-management
skills and attitudes needed to achieve academic objectives.
Topics include the university’s mission, resources, and
requirements. A series of self-assessments serve as tools to
identify values and goals for individual life planning and
educational success.