Required Courses

5001 Research Seminar
Prerequisite(s): Graduate Standing
Presentation and discussion of current research in economics. Course will be graded pass/fail.

5002 Research Seminar
Prerequisite(s): Graduate Standing
Presentation and discussion of current research in economics. Course will be graded pass/fail.

5310 Macroeconomics Analysis in the Global Economy
Prerequisite(s): Six semester hours of economics
A seminar to analyze national and global economic issues. Topics covered included differences in the standard of living across countries; relatives rates of economic growth across countries; effects of the "new economy" and the telecomunications revolutions; effects of exchange rate changes on macroeconomics performance; fundamental causes of currency crises; implications of globalization for the effectiveness of macroeconomic stabilization policies; relative merits of fixed versus flexible exchange rates; and the links between international trade and economic growth.

5315 Microeconomics Theory and Business Decisions
Prerequisite(s): Six semester hours of economics
A seminar designed to cover aspects of micro theory that are relevant for decision making within the firm. Emphasis is placed in decision-meking process. Numerous problems, cases and examples are used to illustrate the theory.

5343 History of Economic Thought
Prerequisite(s): Nine semester hours of economic or consent of instructor.
Historical and analytical study of economic thought, begining with Mercantilism and including the following schools of thought: Physiocratic, Classical, Marxian, Austrian, Neocalssical, Institutional, Keynessian and Post-Keynessian.

Elective Courses

4320 The Economics of Government
Prerequisite(s): ECO 2306 and 2307, or 1305, and junior standing.
Sources of public revenues, problems of revenue system, public expenditures and budgeting, and public borrowing.

4323 The Environment and Economic Analysis
Economic Analysis in description, analysis, and policy formulation of environmental problems such as natural resource development, ecology, energy needs, noise, water, and air pollution. Economic tools used will include social welfare analysis externatilities, and benefit cost analysis.

4325 Urban and Regional Economic Analysis
Prerequisite(s): ECO 2306 and 2307, or 1305 and junior standing.
Focuses on the use of economic tools to analyze they key and intraregional markets-land and housing, transportation, labor and public services and examines their public policy implications. Also examines interregional relationships, the growth and decline of cities, and the economics of urbanizations.

4334 Economic Development
Prerequisite(s): ECO 2306 and 2307, or 1305 and junior standing.
Critical analysis of current explanations of economic growth and development, involving historical aspects, policies for achieving development in emerging countries, and conditions necessary for continued growth in advanced countries.

4336 Economics of Labor
Prerequisite(s): ECO 2306 and 2307, or 1305 and junior standing.
Neoclassical approach to labor market analysis. Special attention is paid to the study of labor market phenomenon from microeconomic perspective, including the theory of wage rate determination, the concept of investment in human capital, the problems of race and sex discrimination, unemployment, and the impact of unionization in the structure of wages. Upon completion of this course s student will have a general working knowledge of the state of the art in labor market analysis and research.

4345 Mathematical Analysis in Economics
Prerequisite(s): ECO 2306 and 2307, or 1305 and junior standing.
Designed to acquaint the student with rudimentary mathematical techniques and their application to economic analysis.

4347 Econometrics
Prerequisite(s): ECO 2306 and 2307, or 1305 and junior standing.
Elementary and advanced topics in the application of statistical methods to economic inquiry. Multiple regression, forecasting, advance estimation processes and simultaneous equations techniques are emphasis, the detection and treatment of problem areas are also examined.

5318 Game Theory
Prerequisite(s): Admission to graduate program in Economics or consent of instructor.
The theory of games and strategic behavior with an emphasis on applications. Strategic form games, extensive form games, and games of asymmetric and incomplete information. Equilibrium concepts. Applications in the social sciences, particularly economics and political science, ranging from cartel behavior to international diplomacy.

5320 The Economics of Government
Prerequisite(s): Six semester hours if economics.
Economic rationale and effect of various taxes, user pricing, and the role of government in the allocation of resources, stabilization of the economy, and redistribution of wealth.

5325 Seminar in Regional Economics
Prerequisite(s): Nine hours of economics or consent of instructor.
Adaptation of economic theory for use in regional economic analysis. Selected problems: urban renewal transportation, plant location individual location decisions, land use, regional economic growth, and structure.

5330 Problem Areas in International Economics
Prerequisite(s): ECO 3305 and FIN 3310 or BUS 5902, or consent of instructor.
World economy with particular emphasis upon emerging problems relating to international monetary systems, the trend toward economic regionalism, the growth of the less developed countries, and economic relations between private enterprises. Basic theories of international economics are developed as a framework for analysis of policy issues.

5333 Foreign Exchange Markets and International Monetary Institution
Prerequisite(s): ECO 3305 and FIN 3310, or BUS 5902.
Foreign exchange markets, emphasizing theoretical and empirical issues and their relation to the business environment. Topics include exchange rate regimes, efficiency, forecasts measurement and management of foreign exchange risk forward and future markets, options, swaps, and multicurrency bonds.

5334 Economic Development
Prerequisite(s): Six semester hours.
Major issues involved in the process of development such as mass poverty, population growth, agricultural transformation, and trade.

5338 Seminar of World Economic Systems
Prerequisite(s): ECO 2305,2306,3305 or equivalent course.
Economic Institutions in a number of capitalism and socialist nations, and thir relative success or failure presented in the context of country studies, Topics include the problem involved in making international statistical comparison, the importance of the rise in the U.S. service sector, the operation of private and nationalized industries in Western Europe, lifetime employment in Japan, central planning in the Soviet Union, socialist economic reforms, international trade among and between Western European nations, and the convergence hypothesis.

5343 History of Economic Thought
Prerequisite(s): Nine semester hours of economics or consent of the instructor.
Historical and analytical study of economic thought, beginning with Mercantilism and including the following schools of though: Physiocratic, Classical, Marxian, Austrian, Neoclassical, Institutional, Keynesian, and Post-Keynesian.

5347 Econometrics
Prerequisite(s): Graduating standing.
Empirical estimation of economic relationships; behavioral (consumers), technical (firms), and institutional. It teaches proper use of linear estimation techniques along with the problem identification and solution.

5350 The Economics of Health and Medical Care
Prerequisite(s): ECO 1305 or 2306; or Bachelor of Science in Nursing, or permission of the instructor.
Relevance of economics to health and medical care issues. Students will learn to apply economic principles to related health issues; understand the mechanism of the health care delivery system within the broad social, political, and economic, contexts; explore the changing nature of health and medical care and the implication for medical practice, medical education, and research, and health policy; and analyze public in health and medical care from an economic perspective.

5360 Seminar in Corporation Finance
Prerequisite(s): BUS 5902 or equivalent.
A study of how firms create value for stockholders through long term financial decisions, principally asset acquisition/divestiture decisions and debt/equity funding decisions. Specific topics include economic profit and cash flow, the time value of money, risk and return, options, agency, efficiency markets, capital budgeting decision and criteria, capital structure theory, and dividend policy theory.

5362 Seminar in Corporate Short-Term Financial Management
Prerequisite(s): BUS 5902.
Three major issues in short term financial management, namely, liquidity, topics include cash flow forecasting, float management, cash mobilization and short term investment management techniques, cash mobilization and short term investment management techniques of credit analysis and the credit decision-making process, and short term financing decisions. Lectures and reading are reinforced with individual and group projects and cases.

5365 Investment Management
Prerequisite(s): BUS 5902 or equivalent.
Theory and practice of portfolio investment with emphasis on stock, bonds, and portfolio management. Major topics include portfolio theory, performance evaluation, market efficiency, equity and bond management strategies, the use of derivative securities in portfolio management, and mutual finds. Current readings and cases supplement.

5368 Seminar in Financial Markets
Prerequisite(s): BUS 5902 or equivalent.
U.S money and capital markets including international money markets, financial institutions, fixed income analysis and management, bank funds management, options, futures, options on futures, investment banking, and mergers and acquisitions. Special emphasis is given to the management of interest rate risk in financial institutions.

5370 Commercial Bank Management
Prerequisite(s): BUS 5902 or equivalent.
Major issues of commercial bank financial management. Principal topics include the role of banks as financial intermediaries; bank financial performance; loan management, commercial credit analysis, and loan pricing; liquidity and reserve management; investment management; capital structure; liability management, and cost of funds; and asset/liability management. The bank regulatory environment and current development in banking are also examined. Lectures and reading are supplemented with group projects and presentation along with a bank management simulation game.

5V98 Special Studies in Economics
Prerequisite(s): Nine semester hours of economics and consent of instructor. This course may be taken for one to six semester hours of credit.

5V99 Thesis