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Economics Courses

ECON 112 Statistics I

4-0-4
Credit Hours: 4

This course is designed to introduce the student to the application of statistical techniques in modern decision making. Emphasis is placed on measures of central tendency and dispersion, probability and probability distributions, sampling, estimation, and hypothesis testing.
Prerequisite: FNMT 118 or MATH 118, or higher than FNMT 118 or MATH 118 on placement test.

ECON 114 Statistics II

3-0-3
Credit Hours: 3

Continuation of ECON 112. Topics include: tests of population variance, quality control, time series analysis, analysis of variance, index numbers, and bivariate and multivariate regression and correlation analysis. Emphasis will be placed on the use of Excel in the analysis of data.
Prerequisite: ECON 112.

ECON 181 Principles of Economics (Macroeconomics)

3-0-3
Credit Hours: 3

Macroeconomics is concerned with the performance of the economy as a whole. In this course, the student will be introduced to an analysis of the changes in levels of income, employment, prices, and output in the economy and the role government and the central banking system play in the maintenance of overall economic growth and stability. This course is intended to serve as an introduction to a vast field of knowledge and academic endeavor.

ECON 182 Principles of Economics (Microeconomics)

3-0-3
Credit Hours: 3

Topics include analysis of the economics of the firm and resource allocation, current domestic problems and international economics. Microeconomics deals with the significant aspects of the individual firm.