2003-2005 - Special Collections - University of Baltimore

Economics (ECON)
Economics courses are offered by the Merrick
School ofBusiness.
ECON 504 Economics (3) The fundamentals
of economic theory and implications
of economic policies for managerial
decision-making. Topics include supply
and demand analysis, the role of the price
system, market structure and pricing,
externalities, production and COStS, the
Federal Reserve System, money creation,
and economic policies affecting economic/business
performance. Prerequisite:
Graduate standing.
ECON 640 Global and Domestic
Business Environment (3) Using an economic
perspective while also drawing on
philosophical, political, and psychological
theories, rhis course covers regulatory and
erhical issues, including international business
policy, federal law and regularion of
indusrry and the use of knowledge in sociery.
The importance of public policies as
rhey impact on the domestic and global
markerplace. Prerequisite: ECON 504.
ECON 650 Business Economics and
Forecasting (3) Basic and advanced skills
ofapplied regression methodology, optimization.
and strategy. Sratistical and analytical
techniques are applied across
traditional business disciplines to develop
the rechnical com petence necessary for
managers in today's competirive global
business environment. Prerequisites: ECON
504, OPRE 504 or equivalent.
ECON 765 The Health Services Systems (3)
An overview of the U.S. health care system,
including healrh care as a producr and the
role of all srakeholders: patients, physicians,
scaff, hospitals, insurers, employers. and
governments. Topics include: impact of
cosr containment and competirion on
management within hospitals and on
physician-hospital relarions; alrernate delivery
sysrems (HMOs, PPOs); multiunit sysrems;
what makes healrh care different
from standard economic markets; healrh
care marketing; healrh insurance, including
(a) uninsured/uncompensared care, and (b)
poorly informed bur heavily insured customers;
a larger nor-for-profit sector and
heavy government involvement; legal
aspecrs of healrh care, including social,
moral, and ethical issues. Prerequisite:
ECON 504 or equival.ent.
ECON 720 International Economics and
Finance* (3) The framework of international
economics and finance. Topics covered
include classical (fade rheory, balance
of payment, models of open economy.
export and import economic policies and
trade performance, foreign exchange markers,
currency oprions and furures markers,
internarional money markets, and capital
markets. Specific application will be made
to European, Asian. and Larin American
markets. Prerequisite: ECON 504.
ECON 797 Special Topics in Economic
Management * (3) Specialized topics in
economics allowing flexibiliry for both rhe
changing developments in business and rhe
educational needs ofstudents. Topic areas
may include econometrics, entrepreneurship,
or organizarional archirecrure. Exacr
lisring of topics and prerequisites may be
lisred in schedule of classes. Prerequisite:
ECON 504 or area approval.
ECON 799 Individual Research (1-3)
Individual research in an area of interesr to
rhe student. The expecrarion is rhar work
equivalent to a regular graduare course will
be complered. Formal paper(s) will be wrirten
under rhe supervision ofa full-rime faculry
member. Prerequisite: Approval by an
economicsfoculty member and the Director,
Division ofEconomics, Finance, and
Management Science.
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