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TBECON 220 Introduction to Microeconomic Theory (5) I&S, QSR
Introduces microeconomic theory applied to individual decision-making, analysis of markets, and the role of prices. Specific topics include consumer demand, production, exchange, resource allocation, and government intervention.
TBECON 221 Introduction to Macroeconomic Theory (5) I&S, QSR
Involves the study and analysis of the aggregate economy. Topics include the determination of national income, inflation, business fluctuations, unemployment, monetary systems, the federal budget, and international trade.
TBECON 420 Intermediate Microeconomic Theory (5) QSR
Applies tools of intermediate microeconomic theory to issues of particular interest to business students. Topics include market processes, consumer theory, firm behavior in competitive and imperfectly competitive markets, product pricing, and strategic behavior. Prerequisite: Minimum grade of 2.5 in either TMATH 112 or TMATH 124.
TBECON 421 Intermediate Macroeconomic Theory (5)
Focuses on the use of intermediate economic theory to understand how financial markets are affected by macroeconomic variables. Specific emphasis is placed on international markets and how to assess the impact of difference macroeconomic policies. Prerequisite: TBECON 420.
TBECON 422 Econometrics (5)
Examines the statistical tools that are used to study financial and economic data, including multiple regression, regression diagnostics, time series models, stationarity, and cointegration. Applies these tools using modern statistical software. Prerequisite: TBECON 421, which may be taken concurrently.
TBECON 423 Financial Markets and Institutions (5)
Examines the economic role of modern financial institutions and their relationship to the money and capital markets of developed economies. Includes the financial system, the Federal Reserve System, monetary policy, international financial relationships, and interest rate theory. Prerequisite: TBECON 420.
