Economics
ECN 2101: Principles of Microeconomics (5)
Offerings
In this introductory economics course, students will learn the foundations of economic decision-making as applied to firms and individuals. Topics include supply and demand, markets and the price system, game theory, and comparative market structures. Students will also integrate the principles of economics that are important for making decisions in business, government, and in their personal lives.
Attributes: Social Science B, WK Social Sciences
ECN 2102: Principles of Macroeconomics (5)
Offerings
Presents topics including elementary demand and supply, determination of national income, employment and prices, money and banking system, fiscal and monetary policy and economic welfare, economic growth and development and international finance.
Attributes: Social Science B, WK Social Sciences
ECN 2207: Economic Geography (5)
Offerings
A geographic approach to studying economic activities and issues of poverty and wealth at local, national and global levels. Includes understanding class theories in Geography of location analysis and economic base. Examines global trends in trade, creation of wealth, economic development, and economic justice issues. Helps students appreciate the role of Christian non-government organizations in building civil society and assisting community development.
Equivalents: GEO 2207
Attributes: Social Science B
ECN 3201: Intermediate Microeconomics (5)
Offerings
Prerequisites: ECN 2101 and 2102; MAT 2700; and BUS 3700. Examines microeconomics at the intermediate level with particular application to operations of the firm. Emphasizes the application of theory to actual situations encountered in the management of firms and explores the use of economic theory for projections and forecasting.
Attributes: Social Science B, Upper-Division, WK Social Sciences
Restrictions: Accounting, Business Administration, Economics Majors only. Freshman students are excluded.
Prerequisites: ECN 2101: D or better
AND ECN 2102: D or better
AND BUS 3700: D or better
AND (MAT 2700: D or better
OR MAT 1360: D or better)
ECN 3202: Intermediate Macroeconomics (5)
Offerings
Prerequisites: ECN 2101 and 2102. An analysis of aggregate income, employment and price level; classical and Keynesian perspectives, and recent contributions.
Attributes: Upper-Division, Writing "W" Course
Prerequisites: ECN 2101: D or better
AND ECN 2102: D or better
ECN 3231: Urban Economics (5)
Offerings
Prerequisite: ECN 2101 or 2102. Examines economic and social factors influencing urban growth and land use patterns, especially forces influencing the demand for urban land and affecting intra-urban rent, real estate values and the housing market. Examines such factors as taxation, zoning and other land-use policies as they relate to the development of urban land. Offered alternate years.
Attributes: Upper-Division
Restrictions: Freshman students are excluded.
Prerequisites: ECN 2101: D or better
OR ECN 2102: D or better
ECN 3321: Money and Banking (5)
Offerings
Prerequisites: ECN 2101 and 2102. Surveys monetary theory and the role of major financial institutions such as commercial banks, the Federal Reserve System and savings institutions in the monetary system. The impact of bank operations on the quantity and flow of money in the economic system is emphasized.
Attributes: Upper-Division
Restrictions: Freshman students are excluded.
Prerequisites: ECN 2101: D or better
AND ECN 2102: D or better
ECN 3435: Marxism: 20th Century Theory and Practice (3)
Offerings
Examines the development of varieties of Marxist theory and practice in the 20th century, compares the Soviet, European, Chinese and Latin American experiences with Marxist thought and practice. Offered alternate years.
Equivalents: HIS 3435, POL 3435
Attributes: Upper-Division
ECN 3500: Environmental Economics (5)
Offerings
An introduction to the economic analysis of our changing global environment. This course will study global macroeconomic trends in the quality of air, water, and land resources as well as the underlying microeconomic causes of environmental degradation and resource depletion. Economic concepts addressed will include the 鈥渢ragedy of the commons鈥�, externalities, environmental policy choice, enforcement of regulation, methods for damage assessment, and estimation of the benefits to conservation and environmental improvement.
Attributes: Upper-Division
Restrictions: Freshman students are excluded.
ECN 3690: Microfinance (5)
Offerings
Prerequisite: ECN 2101. Examines microfinance as a tool to alleviate global poverty. Topics include lending methodologies, products, cultural and regulatory environments, financial analysis, and performance improvement of microfinance institutions, along with limitations and controversies surrounding the practice. Grounded in Christian theological understandings of economic development and human well-being.
Equivalents: BUS 3690
Attributes: Upper-Division
Restrictions: Business Administration, Economics, Global Development Studies Majors only.
Prerequisites: ECN 2101: D or better
ECN 3810: Development Economics (5)
Offerings
Prerequisite: ECN 2101 or 2102. An introduction to the economic transformation of developing countries and communities. Challenges to development addressed may include the absence of markets, market failure, health and credit constraints, human development, income distribution and inequality, population and migration, and human rights, as well as challenges unique to urban versus rural economies. Macroeconomic theories of growth and economic development will be introduced and anaylzed as sustainable conduits for economic development. Content of course will vary every other year. May be repeated for credit 1 time.
Attributes: Upper-Division, Ways of Engaging, Writing "W" Course
Restrictions: Business Administration, Economics, Global Development Studies Majors only. Freshman students are excluded.
Prerequisites: ECN 2101: D or better
OR ECN 2102: D or better
ECN 4010: Health Economics (5)
Offerings
This course will examine multiple facets of health and health care. Topics covered in this class include individual health as an investment in human capital; uncertainty, externalities, and cost-benefit analyses of health care provision markets; the role of governments and NGOs in health provision, policy determination, and health as a public good; health insurance markets; the intrinsic connections between community health and economic development.
Attributes: Upper-Division
Restrictions: Freshman students are excluded.
ECN 4310: International Political Economy (5)
Offerings
Examines the nature and dynamics of the global economy in relation to the economies and political systems of nations and to theories and models of national, regional and global economic growth. International trade, business and government policy are studied in this context. Offered alternate years.
Equivalents: POL 4310
Attributes: Upper-Division
Restrictions: Freshman students are excluded.
ECN 4641: History of Economic Thought I (1-5)
Offerings
Prerequisites: ECN 2101 and 2102, or permission of instructor. A study of the development of economic ideas and philosophies from Moses to mercantilism. Focus is on ethics and economics in the biblical, classical, physiocratic and mercantilist schools of economic thought. Offered alternate years. May be repeated for credit up to 5 credits.
Attributes: Upper-Division, Writing "W" Course
Restrictions: Freshman students are excluded.
Prerequisites: ECN 2101: D or better
AND ECN 2102: D or better
ECN 4899: Capstone: Issues in Political Economy (5)
Offerings
Prerequisites: ECN 2101, 2102, and 3201. This capstone course studies the interrelationship between politics and economics and their effect on human welfare.
Attributes: Upper-Division, Writing "W" Course
Restrictions: Accounting, Business Administration, Computer Science, Economics, Family and Consumer Sciences, Food and Nutritional Sciences, Textiles Clothing and Interior Majors only. Post-Baccalaureate, Senior students only.
Prerequisites: ECN 2101: D or better
AND ECN 2102: D or better
ECN 4900: Independent Study in Economics (1-5)
Offerings
The student proposes a topic of current interest in business to a professor in the School of Business and Economics. The student meets with the professor to discuss a bibliography and rough drafts before turning in the final draft of a paper. A 5-credit independent study requires a total of 30 pages of written work. In general, the number of pages of written work must be six times the number of credits, or there must be equivalent work in exams or other requirements. May be repeated for credit up to 5 credits.
Attributes: Upper-Division
ECN 4940: Internship in Economics (1-5)
Offerings
Prerequisite: BUS 2910. Provides an opportunity for reflection on a student's internship experience. The internship, paid or unpaid, must have a minimum commitment of 10 hours/week or 100 hours during the quarter, be related to students' Economics major and have provided opportunities for students to relate and apply principles of economics, faith, service, and leadership to a professional work setting. Internship placements must be approved prior to the experience or permission will not be granted to register for BUS 4940 credit. Students must complete an internship learning contract and have it signed by their internship supervisor and the faculty sponsor.
Equivalents: ACCT 4940
Attributes: Upper-Division
Restrictions: Freshman, Sophomore students are excluded.
Prerequisites: (BUS 2910: D or better
OR BUS 3910: D or better
OR GS 3001: D or better)
ECN 4945: Advanced Integrative Internship (1-5)
Offerings
Prerequisite: ECN 4940 or BUS 4942. Provides students the opportunity to specialize their applied learning to economic issues and questions through individualized guidance with an economics faculty sponsor, first-hand experience in their internship sites, academic research, and face-to-face interviews with professionals. May be repeated for credit up to 6 credits.
Equivalents: BUS 4945
Attributes: Upper-Division
Restrictions: Freshman, Sophomore students are excluded.
Prerequisites: BUS 4942: D or better
OR (ECN 4940: D or better
OR ACCT 4940: D or better
OR BUS 4940: D or better)
ECN 4950: Special Topics in Economics (1-5)
Offerings
Explores selected topics in Economics. May be repeated for credit up to 15 credits.
Attributes: Upper-Division