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WNC Catalog 2008-2009: Economics
Course Descriptions

Economics

Economics is the social science that studies the production, distribution and consumption of goods and services.

Courses in Economics as listed in the 2008-2009 WNC catalog. Back to the Economics main page.

Courses
ECON 100 Introduction to Economics
    Credits: 3. Prerequisites: none. Recommended: MATH 095 or higher
An introductory overview to supply and demand, the four types of product markets (perfect competition, monopolistic competition, oligopoly and monopoly), operations of markets, consumer and enterprise behavior, price determination. Also covers the measurement of the levels of national income, employment and general prices, and basic causes for fluctuation for these levels.
ECON 102 Principles of Microeconomics
    Credits: 3. Prerequisites: none. Recommended: MATH 095 or higher
Covers supply and demand, the four types of markets (perfect competition, monopolistic competition, oligopoly and monopoly), operations of markets, consumer and enterprise behavior, and price determination.
ECON 103 Principles of Macroeconomics
    Credits: 3. Prerequisites: ECON 102 or consent of instructor. Recommended: MATH 095 or higher
Introduces the study of the determination of levels of national income, employment and prices, and basic causes for fluctuation for these levels.
ECON 261 Principles of Statistics I
    Credits: 3. Prerequisites: MATH 126 or equivalent
Offers probability and major probability distributions, sampling theory, descriptive statistics, measure of central tendency and dispersion, index figures, and time series.
ECON 262 Principles of Statistics II
    Credits: 3. Prerequisites: ECON 261
Offers statistical inference; estimation hypothesis testing, simple linear regression and correlation, and analysis of variance.
ECON 334 Economic History of the US
    Credits: 3. Prerequisites: ECON 102 & ECON 103 & admission to the BTech program or consent of advisor
Factors important to meaningful communication across cultures with emphasis on intercultural differences in North America.
ECON 365 Labor Economics
    Credits: 3. Prerequisites: ECON 102 & ECON 103 & admission to the BTech program or consent of advisor
Theoretical materials relating to the economic analysis of labor problems and the descriptive materials relating to unionism and collective bargaining.
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