2011-2013 Undergraduate Catalog

Course Descriptions

Economics
Business Administration
(406) 657-2295

* ECNS 201 Principles of Microeconomics
[formerly ECON 200 Principles of Microeconomics]
3 cr. (F, Sp)  Introduces the analytical tools of economists as they pertain to microeconomic theory and applications.  This course emphasizes price theory, production theory, theory of economic organizations, and factor markets.

* ECNS 202 Principles of Macroeconomics
[formerly ECON 201 Principles of Macroeconomics]
3 cr. (F, Sp, Su)  Introduces the analytical tools of economists as they pertain to macroeconomic theory and applications.  This course emphasizes the behavior of markets in the context of a national economy.  Introduces theories of national income and employment, economic growth and stabilization theory, money and banking, and international economics.

ECNS 300 Intermediate Microeconomics
[formerly ECON 324 Intermediate Microeconomic Theory]
3 cr. Prerequisite: Admission to upper division standing or consent of department. (F)  Covers price determination and resource allocation under competitive and noncompetitive market structures.  Includes theories of demand, production, and income distribution.

ECNS 302 Intermediate Macroeconomics
[formerly ECON 325 Intermediate Macroeconomic Theory]
3 cr. Prerequisite: Admission to upper division standing or consent of department. (Sp)  Considers the determinants of aggregate levels of employment, output, and income of an economy.

ECNS 313 Money and Banking
[formerly ECON/FIN 352 Money, Capital Markets and Institutions]
3 cr. Prerequisites: Admission to upper division standing and BFIN 322, or consent of department. (F, Sp)  Covers the mechanics of financial markets, the impact of fiscal and monetary policies, banking and financial institutions and instruments used by business and government, the relationships between interest rates, security prices, risk, exchange rates and world financial markets.

ECNS 314 International Economics
[formerly ECON 331 International Economics]
3 cr. Prerequisite: Admission to upper division standing or consent of department.  Considers classical and modern theories of international trade with applications to selected international economic problems.

ECNS 403 Introduction to Econometrics
[formerly ECON 443 Business and Economic Forecasting]
3 cr. Prerequisite: Admission to upper division standing or consent of department. (Sp)  Covers forecasting techniques used in business; assembly, interpretation and use of economic data; analysis of business conditions; construction of firm and industry sales forecasts.

ECNS 406 Industrial Organization
[formerly ECON 446 Industrial Organization]
3 cr. Prerequisite: Admission to upper division standing or consent of department.  Covers the organization and structure of production in the U.S. economy; determinants of market structures, business behavior, and economic performance; implications for antitrust policy.

ECNS 435 Energy and Natural Resource Economics
[formerly ECON 442 Energy and Natural Resource Economics]
3 cr. Prerequisite: Admission to upper division standing or consent of department.  Introduces principles useful in analyzing problems and policies of energy and natural resource use, development, and conservation.

ECNS 457 Economics of Organizations
[formerly ECON 457 Economics of Organizations]
3 cr. Prerequisite: ECNS 300 or department.  Applies microeconomic, contract and agency theories to understanding the structure and scope of organizations.  Examines incentive structures, issues in accountability, responsibility and productivity measurements, and ownership structures of business.

ECNS 490 Undergraduate Research
[formerly ECON/FIN 480 Research in Finance and Economics]
3 cr. Prerequisite: ECNS 300, ECNS 302, ECNS 403 or consent of department.  Combines statistical and econometric techniques with economic and financial theories to conduct rigorous research projects in the areas of economics and finance.  The project is similar to a thesis and is the sole factor used to determine the course grade.

ECNS 492 Independent Study
[formerly ECON 491 Independent Study]
V1-3 cr. Prerequisites: Admission to upper division standing, consent of department, and approval of the College of Business Academic Policy Committee (CBAPC). (F, Sp, Su)  Provides outstanding junior and senior students an opportunity to explore material not covered by regular Economics courses.  Students must complete a Request for Independent Study form and have it approved by CBAPC.

ECON 494 Seminar
[formerly ECON 492 Seminar]
V1-3 cr. Prerequisites: Admission to upper division standing and consent of department. (F, Sp, Su)  Provides advanced students an opportunity to intensively investigate topics pertinent to the field of Economics.

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