Economics (HECO)
HECO 201G Principle of Macroeconomics 3 Credits
Systematic study of the causes and consequences of fluctuations in aggregate production and the general price level and of government policies to control inflation and unemployment. Prerequisite: MTH 120 or MTH 160 or MTH 161 or MTH 162 (C or better)
HECO 301 Microeconomic Theory 3 Credits
Business firm cost and revenue, consumer choice, marginal analysis, market demand, market supply, competitive firm in short-run and long-run equilibrium, market equilibrium, pure competition, monopoly, monopolistic competition, and oligopoly. Prerequisites: ECO 201, ECO 202 and MTH 161 or MTH 160 (C or better)
HECO 303 Economics History of the US 3 Credits
A study of the process, pace and pattern of U.S. economic development from the colonial period to the present. The changing roles and status of African Americans are highlighted. Prerequisites: ECO 201 and ECO 202 (Cs or better).
HECO 321 Principes of Econometrics 3 Credits
Statistical methods for estimating and testing economic theory. Single and simultaneous equation estimation, identification, forecasting, and problems caused by departures from the classical linear regression model assumptions. Prerequisites: ECO 222, EC0 221, ECO 301, ECO 302, MTH 161 (C’s or better)
HECO 321L Principes of Econometrics Lab 1 Credit
HECO 405 International Economics 3 Credits
Survey of international trade theory, international trade policy, foreign exchange markets and balance of payments, and the international monetary system. Prerequisite: ECO 201 and 202 (Cs or better)