Economics

This course is a one-semester combination of both micro- and macro-economics. In this course, students are introduced to analysis of supply and demand, national income theory, the banking system, fiscal and monetary policy and the corresponding usage for economic stabilization, theory of the consumer, theory of the firm, and other selected microeconomic topics.

How does religion trouble the traditional assumptions like rationality and perfect information made by economics? How are religion and economics allies? Howa re religion and economics enemies? Explore how religion and economics have come together to create the globalized capitalistic world we inhabit today and how we can envision more productive ways for the two to work together.

An introduction to the use of statistics. Topics include descriptive statistics, probability theory, hypothesis testing, confidence intervals, and regression analysis.

An introduction to the principles of economics including production principles; production costs, supply and revenue; profit maximization; consumption and demand; price elasticity; market price determination; and competitive versus noncompetitive market models. These principles are applied to agriculture and the role of agriculture in the United States and world economies. Other topics include a survey of the world food situation; natural, human and capital resources; commodity product marketing; and agricultural problems and policies.

A study of the theory of Money and Banking. Topics covered include an overview of the financial system, different perspectives on the nature and origin of money, operations of commercial banks and the Federal Reserve System, and financial crises.

This course analyzes the economic theories related to the labor market and the problems workers face. Topics include labor supply and demand, wage determination, the impact of unions and collective bargaining, discrimination, earnings differentials, labor force participation, and unemployment.

An individual reading or project course for advanced qualified students under the direction of a member of the department, on a subject mutually satisfactory to student and instructor. May be repeated with different subject matter for a maximum of 6 hours.

A practical application of theoretical skills in actual job-related situations. May be repeated for a maximum of 6 hours. Open to junior and senior majors

This course will serve as a capstone course for all Senior-Level students majoring in economics, finance, or other programs, as approved by the appropriate department chair and the instructor. A strong emphasis will be placed on applied undergraduate research. As part of the capstone experience in this course, students will also be asked to synthesize their previous coursework and critically reflect on their experiences in their program. The course will introduce strategies for researching an applied topic and culminate in a formal presentation of an applied topic of interest.