EC111 Principles of Macroeconomics (3 hours)
A study of the performance of the American economy. Includes an examination of national income determination, the money and banking system, and the application of economic principles to the problems of achieving full employment, price stability, economic growth and a favorable balance of payments. Some study of economic development and economic systems.

EC112 Principles of Microeconomics (3 hours)
A study of the market structures of the American economy and the way they function to determine prices, resource allocation, and income distribution. Includes an analysis of the problems of monopoly, unionism, agriculture, urbanization, income inequality and poverty, and the environment. Some study of international economics and the world economy. Prerequisite: EC111.

EC115H Honors Economics (3-6 hours)
This course is designed to give the student an overview of economics--both microeconomics and macroeconomics. Topics such as scarcity, unemployment, inflation, government regulation and taxation, and international trade will be examined. Students will be challenged to examine these, and other, economic issues using the economic analytical tools developed in the course. Successful completion of this course with a grade of C or higher will earn the student 6 hours of credit and be equivalent to EC111 (Principles of Macroeconomics) and EC112 (Principles of Microeconomics). Prerequisite: Student must be in the Bethany Honors Program or qualify to be in the program.

EC200 Microcomputers: Economics and Business Applications (3 hours)
This course focuses on using modern application software packages to solve business data and analysis problems. Students use software to prepare, analyze, and present solutions common in today's business.

EC/PY201 Statistics for Behavioral and Social Science (3 hours)
This course provides an introduction to descriptive and inferential statistics. Students will learn how to compute and interpret a variety of statistics and will become knowledgeable about the attributes of the statistics studied. Emphasis will be on conducting statistical analyses and interpreting findings in the behavioral and social sciences. Prerequisites: Minimum Sophomore status and one of the following: Math ACT score of 18, minimum C grade in High School Algebra I, or AS099, passing grade in college-level math course. Permission of instructor may be granted in special circumstances.

EC309 Economics Seminar (3 hours)
The seminar focuses upon the policy aspects of various contemporary economic issues. The economic ideas and doctrines of Adam Smith, John S. Mill, Karl Marx, David Ricardo, Alfred Marshall, and John M. Keynes are studied. Topics include unemployment, inflation, economics of inequality and poverty, urbanization, pollution, monopoly power, the role of the government in society, and international economic relations. Prerequisites: EC111, EC112, and Junior standing.

EC310* The Economics of Sports (3 hours)
This course explores selected aspects of the economics of the sports industry. Focus will be on the four major professional team sports (hockey, baseball, football, and basketball) as well as on collegiate athletics. Topics include: Professional sports franchises-- what factors determine profitability and market value; Government involvement--the effects of taxes, antitrust, and regulation; Economics of sports stadium--financing methods, profitability to franchise; Professional sports labor market--factors affecting salaries; and Economics of collegiate athletics--financing, the role of student athletes, Title IX. Prerequisite: EC111.

EC311* Intermediate Macroeconomics (3 hours)
A study of the behavior of the U. S. economy as a whole, including an analysis of national income, consumption, investment, money, interest, the price level, the level of employment, monetary and fiscal policy, and economic growth. The policy implications for the above topics will be explored in relation to contemporary problems. Prerequisites: EC111, EC112.

EC312* Intermediate Microeconomics (3 hours)
Nature, scope and purpose of economic analysis. Theories of demand, production, costs, pricing policy, allocation of resources, etc in a market oriented system. Emphasis will be on industrial organization in the American economy. Prerequisite: EC112.

EC330 Money and Banking (3 hours)
A study of the nature and economic role of money and financial institutions in the U.S. economy. The major focus will be on defining the main elements of the monetary system, determining their influence upon the performance of the economy, relating the economy’s performance to the business management decision-making process, and discussing the problems of and policies for achieving the major economic goals of the economy. Prerequisites: EC111, EC112, and BU225.

EC335 Investments (3 hours)
Analysis of principles and practices of investment procedures, investment policies and security analysis of corporate and government securities. Portfolio management analysis will be approached from both a personal and business perspective. Prerequisites: EC111, EC112, and BU225.

EC336* Economic Development and World Resources (3 hours)
A study of the factors influencing the economic modernization of less developed countries including cultural, human, and natural factors involved in the appearance and disappearance of economic resources. Emphasis will be on population growth, capital formation, investment allocation, structural transformation, development planning and the international economics of development. The effect of economic advancement on the rates of resource utilization and its implications for less-developed countries, more-developed countries, and world resources will be examined. Prerequisite: EC111.

EC338* International Economics (3 hours)
A survey of the economic foundations of international trade and finance. Topics include theory of international trade, trade policy, and protectionism, foreign exchange markets, income and foreign exchange, balance of payments, the international monetary system, international finance and the world debt situation. Emphasis will be on understanding policies in a global community. Attempts will be made to explore the interaction of Western culture with non-Western culture including similarities and the differences in values and patterns of behavior. Prerequisite: EC111.