Courses at the 400-level

The theory of international trade is analyzed. Topics include the benefits of trade and the effects of tariffs, quotas, and customs unions. Also covered are the theories of international monetary relations, capital flows, and exchange rates.
3 credit hours

• ECON 214
• ECON 215
• MATH 177

The characteristics of developing countries and the process of economic development are examined. Topics include poverty, inequality, unemployment, capital formation in industry and agriculture, and the effects of foreign trade and aid.
3 credit hours

• ECON 214
• ECON 215
• MATH 177

Students examine the markets in which securities are traded and the institutions that participate in these markets. Students cannot receive credit for both ECON 423 and FIN 423.
3 credit hours

• FIN 301

The structures and operations of human resource markets are analyzed, including pricing and allocation of labor resources, wage differentials, income distribution, discrimination, and unemployment. (Formerly Human Resources Economics.)
3 credit hours

• ECON 214
• ECON 215
• MATH 177

The role of the public sector in the United States and its effect on the economy are studied. Discussion includes the impact of federal, state, and local government expenditure and revenue. (Formerly Public Finance.)
3 credit hours

• ECON 214
• ECON 215
• MATH 177

Economic analysis is applied to the development and problems of urban areas. Urban issues, such as poverty, housing, and transportation, are examined and the market forces that determine why and where urban areas develop.
3 credit hours

• ECON 214
• ECON 215
• MATH 177

The economics of industrial organization and the organization of firms and industries are analyzed, using microeconomic theories and empirical data. Public policy issues are assessed, including antitrust and regulatory mechanisms.
3 credit hours

• ECON 214
• ECON 215
• MATH 177

Focus is on current environmental problems and policies. Topics include valuing the environment, approaches to controlling local and regional air pollution, energy policy, climate change, global warming, and sustainable economic growth.
3 credit hours

• ECON 215
• ECON 214
• MATH 177

The quantitative methods used in testing theoretical propositions in economics and business are presented. Emphasis is on the use of regression, time-series models, and other econometric methods.
3 credit hours

• ECON 214
• ECON 215
• MGT 249
• MATH 248

The development of economic thought from the time of the prescholastics to our current time is presented. This seminar serves as the first course of the student’s two-semester capstone experience in economics.
3 credit hours

• ECON 314
• ECON 315
• At least one additional economics course at the 300-level or above

Students integrate their experience in economic theories, methodologies, concepts, and applications. Literature in a variety of fields of economics is analyzed. A research paper and presentation are also required. (Formerly Economics 460.)
3 credit hours

• ECON 449
• ECON 461
• At least two additional economics courses at the 300-level or above

The development of economic thought is examined from the prescholastics through the middle of the twentieth century. This seminar is the first part of a two-semester capstone experience in economics.
3 credit hours

• ECON 314
• ECON 315
• At least one additional economics course at the 300-level or above.

Students integrate their experience in economic theories, methodologies, concepts, and applications. Literature in a variety of fields of economics is analyzed. A research paper and presentation are also required.
3 credit hours

• ECON 449
• ECON 461
• At least two additional economics course at the 300-level or above.

Students examine the markets in which securities are traded and the institutions that participate in these markets. Students cannot receive credit for both ECON 423 and FIN 423.
3 credit hours

• FIN 301

Selected topics from FIN 301 are studied in greater detail, with emphasis on problems associated with managing a firm's asset and financial structures. Substantial use is made of case studies.
3 credit hours

• FIN 301
• MGT 249

This course builds on risk and return analysis and the Efficient Market Hypothesis. Emphasis is on modern portfolio theory, capital asset pricing theories, and developing synthetic positions via derivative markets.
3 credit hours

• FIN 301 and MGT 249

Corporate finance issues faced by multinational firms are studied. Topics include foreign exchange exposure, currency risk management, international financial markets, currency derivatives, and capital budgeting.
3 credit hours

• FIN 301
• MGT 249

Focus is on the valuation of fixed income securities. Risk analysis and management of bonds and structural products, such as mortgage-backed and asset-backed securities, are Introduced.
3 credit hours

• FIN 301
• MGT 249

Students understand how financial derivative contracts, such as option, forwards, futures, and swaps, work. Emphasis is on the use of derivatives for risk management. Derivative pricing models are also introduced.
3 credit hours

• FIN 432

This is an integrating experience in finance and investment-related theories, concepts, and practices. Case analysis (integrating the finance function with other functional managements) is used. Related literature is examined.
3 credit hours

• ECON 449
• FIN 431
• FIN 432

The portfolio management process is examined. Topics include investment policy statement, asset allocation, and rebalancing portfolios. Use of a student-managed fund blends theory with practice of money management.
3 credit hours

• Approval of faculty selection committee
• ECON 449
• FIN 431
• FIN 432

Students are assigned to a business, an industrial organization, or a not-for-profit organization and supervised by a mentor. Students receive 1 credit hour for every four hours of work. A two-hour biweekly seminar is included.
3-9 credit hours

• junior standing
• a major or minor in a School of Management program
• consent of internship director and appropriate faculty member