2023-2024 BSC Catalog Updated_UG ONLY_FINAL[82]

170 ACADEMIC PROGRAMS
EC 298, 398, 498 Teaching Experience in Economics (½ or 1)
A contracted teaching experience that requires instructor approval. 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; and 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; and
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; and
the concept of profits. Prerequisites: EC 201, EC 202, and MA 231. Spring.
EC 311 Quantitative Analysis for Business and Economics (1)
Selected methods and techniques related to managerial choice and administrative
decision making. (Also listed as BA 311.) Prerequisites: BA 201 and MA 207. Fall,
Spring.
EC 313 Games and Strategic Behavior (1)
A non-technical introduction to game theory – the formal analysis of strategic
interactions between economic agents – and its applications. The course covers the basic
analysis of simultaneous and sequential move games with perfect information and
imperfect information. Emphasis is placed on developing strategic intuition and
illustrating how game theory improves the understanding of strategic behavior in
economic, political, and other social situations. Prerequisites: EC 202 and MA 231.
EC 340 Economics of Natural Resources and the Environment (1)
An examination of the economic theory of natural resource use and the environment.
Prerequisite: EC 201 or EC 202.
EC 350 WR Labor Economics (1)
An introduction to the field of labor economics. Topics covered include theories of
supply and demand for labor, wage determination, non-wage compensation schemes,
investments in human capital, and government intervention into the labor market. A
Writing Reinforcement designated course. Prerequisites: EC 201 and EC 202.
Birmingham-Southern College Catalog 2023-2024