Belmont University - Undergraduate Catalog


Economics Courses (ECO)

ECO 1110. Economics Inquiry (3). An introductory analysis of the market economy, focusing upon the principles, processes, and institutions that influence economic behavior. This course does not satisfy B.B.A. requirements.

ECO 1990-4990. Special Studies (1-3).

ECO 2210. Principles of Macroeconomics (3). Prerequisite: MTH 1020 or MTH 1080 or CSC 1020. An introductory course in macroeconomic theory. Primary emphasis is placed upon the study of economic aggregates. Topics to be studied include: the basic operation of a market economy; national income accounting, the determination of employment, output, and the price level; the banking system, fiscal, monetary, and supply-side economic policies.

ECO 2220. Principles of Microeconomics (3). Prerequisite: MTH 1020 or MTH 1080 or CSC 1020. An introductory course in microeconomic theory. Primary emphasis is placed upon the study of the behavior of individual decision-making units. Topics to be studied include: demand and supply analysis, the theory of consumer behavior, the theory of the firm, market structures and resource allocation, and resource price-employment determination.

ECO 2450. Current Issues in Economics (3). Prerequisites: ECO 1110 or ECO 2210. This course studies a number of contemporary issues surrounding business and public policy.

ECO 3130. Topics in Economics and Public Policy (3). Prerequisites: ECO 1110 or ECO 2210. A detailed study in a topic of special interest in economics.

ECO 3220. Money and Banking (3). Prerequisites: ECO 1110 or ECO 2210. A study of the nature and operation of the money and banking system in the United States and application of modern monetary and banking theory to current problems.

ECO 3230. Area Studies in Economics (3). Prerequisites: MGT 3300 or ECO 4300. A study focused upon economic issues in selected world regions, such as Asia, Europe and Latin America.

ECO 3260. Intermediate Macroeconomics (3). Prerequisite: ECO 1110 or ECO 2210. An extension of ECO 2210 designed to provide students with a richer treatment of modern macroeconomic principles and policy. Topics include national income and employment determination, unemployment and inflation, economic growth theory and policy, monetary and fiscal policy, and the influence of international trade and trade policy on the U.S. economy.

ECO 3270. Intermediate Microeconomic Analysis (3). Prerequisites: ECO 1110 or ECO 2210. An extension of ECO 2220, designed to provide students with a firm grasp of modern microeconomic principles and their application. Topics include consumer behavior and demand analysis, production and cost analysis, resource price and employment determination, market structure and performance, and the influence of public policy on industry performance.

ECO 3660. Business and Government (3). Prerequisites: ECO 1110 or ECO 2220. An examination of the influence of business and the antitrust laws on the structure, conduct, and performance of the United States industry.

ECO 3800. Comparative Economic Systems (3). Prerequisites: ECO 2210 and ECO 2220. This course investigates the organization of economic systems in the world's major industrialized nations. Through comparative analysis of social, private sector, and governmental institutions, students learn the strengths and weaknesses of national economies. The economics of CHina, the European Union, Japan and the Commonwealth of Independent States are the primary areas of interest for this course. Particular emphasis is placed upon the impact of globalization in each economy.
Gen. Ed. designation: GS (G - Global Studies).

ECO 3950, 4950. Studies Abroad (3-18). Study in a foreign country. Individual course titles and locations are assigned for each course taken. See Studies Abroad program for details.

ECO 4000. Internship in Economics (1-3). Prerequisite: Approval of Economics Faculty Coordinator. A coordinated learning experience focused upon providing students with practical training in business or government. One semester hour of credit will be awarded for every four to five hours of work per week. A maximum of three semester hours may be applied toward the economics major or minor.

ECO 4010. Capital Internship in Economics (6). Prerequisite: Approval of Economics Faculty Coordinator and permission of the Capital Internship Liaison. Students who have been admitted to an approved internship program will complete a full-term internship in a government office or agency in Nashville or Washington, D.C.

ECO 4200. History of Economic Thought (3). Prerequisites: ECO 1110 or ECO 2210. A study in the development of economic thought from ancient to modern times with primary emphasis on the Classical, Neo-classical, and Keynesian periods.

ECO 4300. International Corporate Finance (3). (See FIN 4300 for course description.)

ECO 4330. International Financial Markets and Institutions (3). (See FIN 433 for course description.)

ECO 4400. International Economics (3). Prerequisites: ECO 1110 or ECO 2210. An examination of the special problems and issues surrounding the economic interaction of sovereign nations. Topics include gains from trade, patterns of trade, balance of payments, determination of exchange rates, free trade and protectionism, international capital markets, and issues in international policy coordination.
Gen. Ed. designation: GS (G - Global Studies).

ECO 4500. Managerial Economics (3). Prerequisites: ECO 1110 or ECO 2220; MTH 1110. Studies the application of economic principles to business decision-making. Topics include demand and cost analysis, production principles and analysis, measurement and analysis of profits, pricing principles and practices, and the influence of market structure on business decisions.