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Academic
Programs
Department of Economics - Undergraduate
The Department of Economics
confers the Bachelor of Arts degree in Economics. The undergraduate
economics curriculum is a traditional liberal arts program, which
prepares students for graduate studies as well as employment
in government or private industry. Economics majors pursue studies
designed to acquaint them with the theoretical foundations of
modern economic analysis, analytical tools, and applications
to contemporary issues.
UNDERGRADUATE PROGRAM OF
STUDY
Bachelor of Arts in Economics
Students majoring in economics may choose from two curricula.
One prepares them for advanced study in economics, agricultural
economics, business, law, and political science. The other curriculum
equips graduates for jobs in government or private industry.
Curriculum A: Graduate Study
Preparation
This curriculum
includes:*
ECO 251 Principles of Macroeconomics
ECO 252 Principles of Microeconomics
ECO 308 Mathematical Economics,
ECO 309 Introduction to Econometrics
ECO 315 Intermediate Macroeconomic Analysis
ECO 316 Intermediate Microeconomic Analysis
ECO 335 International Trade
ECO 357 Economic History of the United States
ECO 365 Economics of Labor
ECO 372 History of Economic Doctrines
ECO 324 Economic Development
ECO 470 Research Methodology/Senior Thesis
BUS 207 Principles of Accounting I
BUS 208 Principles of Accounting II
BUS 313 Statistics I
BUS 314 Statistics II
Curriculum B: Employment
Preparation
This curriculum
includes:*
ECO 251 Principles of Macroeconomics
ECO 252 Principles of Microeconomics
ECO 309 Introduction to Econometrics
ECO 315 Intermediate Macroeconomic Analysis
ECO 316 Intermediate Microeconomic Analysis
ECO 335 International Trade
ECO 343 Public Finance, or
ECO 362 Money and Banking
ECO 365 Economics of Labor, or
ECO 369 Urban Economics
ECO 324 Economic Development
ECO 470 Research Methodology/Senior Thesis
ECO 495 Cooperative Education Experience
BUS 207 Principles of Accounting I
BUS 208 Principles of Accounting II
BUS 313 Statistics I
BUS 314 Statistics II
BUS 341 Business Finance
BUS 498 Business Seminar
BUS 499 Senior Seminar
* Other requirements are
shown in plan of study
Minor in Economics
The Economics Department also allows students to choose economics
as their minor field of study. A total of eight economics courses
(twenty-four semester hours) are required to obtain a minor degree
in economics.
Curriculum for a Minor in
Economics
ECO 251 Principles of Macroeconomics
ECO 252 Principles of Microeconomics
ECO 315 Intermediate Macroeconomic Analysis
ECO 316 Intermediate Microeconomic Analysis
BUS 313 Statistics I
Plus three (3) approved economics
electives
Degree Requirements
In addition to the University General Education requirements
for the Bachelor of Arts, students take specific courses in economics,
statistics, and business, and must: (1) have a cumulative grade
point average of 2.0 in economic courses as well as in required
courses; and (2) complete at least a minimum of one hundred twenty-three
(123) semester hours.
COURSE DESCRIPTIONS
ECO-C 107: Introduction to
Economics 3 credits
A one-semester survey course designed to introduce students to
the fundamental principles and concepts of economics. Topics
covered include demand and supply analysis, the function of the
markets in the allocation of resources, measuring economic activities
in the private as well as in the public sectors, problems such
as unemployment, inflation, income distribution and poverty,
and domestic and international financial institutions and the
working of global market systems.
ECO 250: Principles of Economics
3 credits
A one-semester introductory course in economics for students
in departments which require only one semester of economics.
The course focuses on both macro and microeconomic issues that
impact the decision-making within the U.S. economy. Special attention
is given to issues that affect the lives of African Americans.
ECO 251 and 252: Principles
of Macro and Microeconomics 3 credits
A one-year comprehensive study of the principles which govern
production, consumption, and distribution as well as the major
institutions in the United States economic system. ECO 251 covers
macro analysis and ECO 252 addresses micro analysis. Prerequisite:
A grade of "C" or better in MAT 103 and 104, (or exemption
from these courses).
ECO 250-L, 251-L and 252-L:
Economics Laboratory 0 credits
Lab courses to be taken along with ECO 250, 251 and 252 respectively.
ECO 302: Government and Business
3 credits
The nature and development of government control and regulation
of enterprises. This course examines antitrust laws and their
interpretation and enforcement, selected Supreme Court antitrust
decisions, and current problems of government relations in various
industries (offered within the Atlanta University Center).
ECO-H 304: Contemporary Economic
Issues 2 credits
A colloquium designed for Honors Program students (non-economics
majors). It focuses on major issues affecting the American political
economy, particularly those having special significance for the
economic well-being of black and other Third World peoples.
ECO 308: Mathematical Economics
3 credits
Applications to elementary mathematics to economics. This course
includes studies in calculus, matrices, and linear difference
equations. Mathematical problems used in this course come from
the field of economics. (Offered within the Atlanta University
Center). Prerequisite: A grade of "C" or better in
MAT 111 and 112.
ECO 309: Introduction to Econometrics
3 credits
The use of mathematical and statistical models in the study of
economics relationships. Methods introduced include single equation
least squares, analysis of variance, and multi-equation models
(Offered within the Atlanta University Center). Prerequisite:
A grade of "C" or better in BUS 313 and BUS 314.
ECO 315: Intermediate Macroeconomic
Analysis 3 credits
General theories of aggregate economic analysis. Traces the development
and refinement of selected theories through the classical, Marxism,
neo-classical, and Keynesian schools. It enables students to
analyze unemployment, inflation, business cycles, and other national
economic occurrences. Prerequisite: A grade of "C"
or better in ECO 251.
ECO 316: Intermediate Microeconomic
Analysis 3 credits
The theory of the firm, the household, and the market with applications
to individual decision making units. Prerequisite: A grade of
"C" or better in ECO 252.
ECO 335: International Trade
3 credits
Application of microeconomic policy to commercial relations between
nations. Among the topics covered are the theory of comparative
advantage and alternative commercial policies. Prerequisite:
A grade of "C" or better in ECO 251 and 252.
ECO 343: Public Finance 3 credits
General survey of government finance at the federal, state, and
local levels. Topics include government expenditures, principles
of taxation, intergovernmental fiscal relations, debt management,
public borrowing, and fiscal policies for economic stabilization
(offered within the Atlanta University Center). Prerequisite:
ECO 315 and 316.
ECO 357: Economic History of
the United States 3 credits
Economic perspective of regions and historical periods in the
United States. Topics include agricultural and industrial life
in the colonies, the economic effect of slavery, post-Civil War
agrarian revolution, development of manufacturing and transportation,
westward movement, business concentration, the Depression, the
World Wars, and the recent trends (offered within the Atlanta
University Center).
ECO 362: Money And Banking
3 credits
Examines the alternative theories of money. Explores the relationship
of money to prices, the role of financial intermediaries, international
monetary problems, and the history of monetary policy in the
United States. Prerequisite: A grade of "C" or better
in ECO 251 and 252.
ECO 365: Economics of Labor
3 credits
Consideration of labor as an economic factor. Covers wages, labor
force participation, employment and unemployment, the growth
of labor organizations, labor market discrimination and public
policies. Prerequisite: A grade of "C" or better in
ECO 251 and 252.
ECO 369: Urban Economics 3
credits
Examination of three principal themes in the economics of urban
areas: (1) the economics of the location decisions and the influence
of these decisions on urban growth and the real estate market;
(2) evaluation of transportation and other services ; and (3)
economic development of ghetto neighborhoods. Prerequisites:
ECO 252.
ECO 372: History of Economic Doctrines 3 credits
Survey of economic thought from ancient times to the present
(offered within the Atlanta University Center).
ECO 324: Economic Development
3 credits
A study of the characteristics and problems of developed and
developing economies. Covers the theory of economic development,
stages of growth and development, and data analysis to evaluate
development performance. Prerequisite: A grade of "C"
or better in ECO 251 and 252.
ECO 325: Comparative Economics
Systems 3 credits
A study of the economic models of comparative systems. The course
includes an analysis of the effectiveness of performance of alternative
economic systems in terms of growth patterns, and fidelity to
ideology. Prerequisites: : A grade of "C" or better
in ECO 251 and 252.
ECO 470: Research Methodology/Senior
Thesis 3 credits
Designed to explain the methods of conducting social science
research, including defining the problem to be studied, establishing
hypotheses, and utilizing techniques of empirical analysis. All
economics majors are required to write a Senior Thesis on an
approved topic. Prerequisite: approval of the undergraduate coordinator
and/or department chairperson.
ECO 490: Independent Study 0-3 credits
Projects designed by the student and a faculty member who agrees
to work with the student to meet specific and individual needs.
May involve direct reading in specific subject area, a research
project, teaching economics in high school or a combination of
any two. May be repeated for additional credits. Prerequisite:
Approval of the Undergraduate coordinator and/or department chairperson.
ECO 495: Cooperative Education
0-3 credits
Intensive practical experience in a profit or non-profit public
or private organization. Students are expected to acquire knowledge,
understanding, and the skills pertinent to the selects organization.
Prerequisite: Approval of the undergraduate coordinator and/or
department chairperson.
Suggested Plans of Study
BACHELOR OF ARTS IN ECONOMICS
(Curriculum A: Graduate Study Preparation) 123-127 hours
FRESHMAN YEAR
First Semester: 17 hours
BIO-C 101 Biological Science (3)
GED-C 100 First Year Seminar (1)
ENG-C 105 English Composition I (3)
STA-C 101 Fundamentals of Speech (3)
SOC-C 105 Culture and Society or
PSC-C 106 Politics &
Global Issues (3)
MAT-C 105 Pre-Calculus I (3)
PED-C 100 Physical Education (1)
Second Semester: 16 hours
PHY-C 111 Physical Science (3)
GED-C 101 First Year Seminar (1)
LIB-C Information Technology/Computer App (3)
ENG-C 106 English Composition II (3)
PHI/REL-C Philosophy/Religion Requirement (3)
MAT-C 106 Pre-Calculus II (3)
SOPHOMORE YEAR
First Semester: 16 hours
ECO 251 Principles of Macroeconomics (3)
ENG-C 201 World Literature (3)
MAT 111 Calculus I (4)
$Foreign language requirement (200 Level) (3)
HIS-C 201 US, Africa & the World (3)
Second Semester: 16 hours
ECO 252 Principles of Microeconomics (3)
MAT 112 Calculus II (4)
$Foreign language requirement (3)
$Humanities Requirement (3)
HIS-C 202 US, Africa & the World (3)
JUNIOR YEAR
First Semester: 15 hours
ECO 315 Intermediate Macroeconomic Analysis (3)
ECO 365 Economics of Labor (3), or
ECO 369 Urban Economics (3)
BUS 207 Principles of Accounting I (3)
BUS 313 Statistics I (3)
Second Semester: 15 hours
ECO 316 Intermediate Microeconomic Analysis (3)
ECO 372 History of Economic Doctrines (3)
BUS 208 Principles of Accounting II (3)
BUS 314 Statistics II (3)
ENG 311 Advanced Grammar and Composition (3), or
-An approved substitute (3)
SENIOR YEAR
First Semester: 15 hours
ECO 308 Mathematical Economics (3)
-ECO 470 Research Methodology/Senior Thesis (3)
-Elective (3)
-BUS 499 Senior Seminar (0)
-Computer Science requirement (3)
PSY-C 211 $ General Psychology (3)
Second Semester: 15 hours
ECO 309 Introduction to Econometrics (3)
ECO 335 International Trade (3)
ECO 324 Economic Development (3), or
ECO 325 Comparative Economic Systems (3)
-Economics Elective (3)
-Elective (3)
BACHELOR OF ARTS IN ECONOMICS
(Curriculum B: Employment preparation) 123-127 hours
FRESHMAN YEAR
First Semester: 17 hours
BIO 111 General Biology (3)
GED-C 100 First Year Seminar (1)
ENG-C 105 English Composition I (3)
STA-C 101 Fundamentals of Speech (3)
MAT-C 105 Pre-Calculus I (3)
PED-C 100 Physical Education (1)
SOC-C 105 Culture and Society (3)
Second Semester: 16 hours
PHY-C 111 Physical Science (3)
GED-C 101 Freshman Seminar (1)
-Computer Literacy (3)
ENG-C 106 English Composition II (3)
-Philosophy/Religion requirement (3)
MAT-C 106 Pre-Calculus II (3)
SOPHOMORE YEAR
First Semester: 16 hours
ECO 251 Principles of Macroeconomics (3)
ENG-C 201 World Literature (3)
MAT 111 Calculus I (4)
-Foreign language requirement (3)
HIS-C 201 US, Africa and the World (3)
Second Semester: 16 hours
ECO 252 Principles of Microeconomics (3)
MAT 112 Calculus II (4)
-Foreign language requirement (3)
-Humanities requirement (3)
HIS-C 202 US, Africa and the World (3)
JUNIOR YEAR
First Semester: 15 hours
ECO 315 Intermediate Macroeconomic Analysis (3)
ECO 365 Economics of Labor (3), or
ECO 369 Urban Economics (3)
BUS 207 Principles of Accounting I (3)
BUS 313 Statistics I (3)
PSC-C 211 General Psychology (3)
Second Semester: 15 hours
ECO 316 Intermediate Microeconomic Analysis (3)
ECO 362 Money and Banking (3), or
BUS 343 Public Finance (3)
BUS 208 Principles of Accounting II (3)
BUS 314 Statistics II (3)
ENG 311 Advanced Grammar and Composition (3), or
An approved substitute (3)
SENIOR YEAR
First Semester: 12 hours
-ECO 470 Research Methodology/Senior Thesis (3)
BUS 341 Business Finance (3)
HIS 205 A Survey of United States History (3)
-Computer Science Requirement (3)
Second Semester: 16 hours
ECO 309 Introduction to Econometrics (3)
ECO 324 Economic Development (3), or
ECO 335 International Trade (3)
BUS 498 Business Seminar (1)
-BUS 499 Senior Seminar (0)
-Religion/Philosophy requirement (3)
-Business elective (3)
-Elective (approved) (3)
-Recommended but not required.
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The School
of Business is Accredited by AACSB/The International Association
for Management Education at both the Undergraduate and Graduate
Levels. |
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