COURSE ELECTIVES
Area Studies Electives
For International Business majors only
(Finance and Actuarial Studies majors, see Globalization and Environment electives below)
ECONOMICS
ECON 211: Economics of Asia
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104 or permission of department; ENGL 110
ECON 212: Economics of Latin America
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104 or permission of department; ENGL 110
ECON 245: Economics of Technology, Media, and Telecommunications.
4 hr.; 3 credits
Prerequisites: ECON 100 or 102
Description: The origin, evaluation, and present pattern of government regulation of the media telecommunications and high-tech industries and the impact of these regulations on their industries.
ECON 231: Economic Development of China
4 hr.; 3 credits
Prerequisites: MATH 131 and ECON 101 or 103 and ECON 102 or 104 and ENGL 110
Description: This is a basic survey course on China’s economic development from a historical perspective. After a short review of some of China’s pre-1949 economic history, the course focuses on the People’s Republic, with roughly half the semester devoted to the period of Mao’s leadership (1949-1976) and the balance devoted to the post-Mao period of reform and transition to a market economy (1978-present).
ECON 301: The Economics of CryptoAsset
4 hr.; 3 credits
Prerequisites: ECON 201 or 215
Description: The application of economic principles to provide a comprehensive overview of blockchain technology and cryptocurrencies. Topics considered include the basics of bitcoin and blockchain technology a taxonomy of cryptoassets valuation framework for cryptoassets cryptotokens as micropayments governance issues and the democratization of entrepreneurship and innovation through digital tokens.
ECON 302: Blockchain and Money
4 hr.; 3 credits
Prerequisites: ECON 301
Description: Understand exactly what a blockchain is, why it matters for business activities with emphasis on the financial sector. Blockchain’s role as a decentralized distributed ledger is analyzed through use cases in technology, business, and enterprise products and institutions. Topics include the governance and regulatory issues surrounding blockchain’s applications.
ECON 327: The Political Economy of the European Union: Past, Present, Future
3 hr.; 3 credits
Prerequisites: ECON 328 or permission of the instructor
Description: The objective of the interdisciplinary seminar on the European Union is to analyze the interaction of economics and politics between the European Union and the member states in the context of policy-making and policies in several key areas. The focus is on EU-state interaction in the policy-making process, especially in the economic area.
ANTHROPOLOGY
ANTH 206: Peoples of South America
4 hr.; 3 credits
Prerequisits: Six credits in Social science or sophomore standing.
ANTH 208: Peoples of South Asia
4 hr.; 3 credits
Prerequisits: Six credits in Social science or sophomore standing.
ANTH 208W: Peoples of South Asia
3 hr.; 3 credits
Prerequisits: Six credits in Social science or sophomore standing and ENGL 110.
4 hr.; 3 credits
Prerequisits: Six credits in Social science or sophomore standing.
ANTH 210: Peoples of East Asia
4 hr.; 3 credits
Prerequisits: Six credits in Social science or sophomore standing.
ANTH 211: Peoples of Africa
4 hr.; 3 credits
Prerequisits: Six credits in Social science or sophomore standing.
ANTH 212: Peoples of the Middle East
4 hr.; 3 credits
Prerequisits: Six credits in Social science or sophomore standing.
ANTH 215: Peoples of the Caribbean
4 hr.; 3 credits
Prerequisits: Six credits in Social science or sophomore standing.
ANTH 215W: Peoples of the Caribbean
4 hr.; 3 credits
Prerequisits: Six credits in Social sicence or sophomore standing.
HISTORY
HIST 106: History of Latin America, 1825 to the Present
4 hr.; 3 credits
Description: Survey from the wars of independence to the present; special attention to political concepts, foreign imperialism, social and economic problems.
HIST 145: Modern South Asia
4 hr.; 3 credits
Description: History of the Indian subcontinent in the nineteenth and twentieth centuries. The development of colonialism in India, anti-colonial movements, the partition of the subcontinent, the experience of women in colonial and post-colonial South Asia, the interplay between religion and national identity, and modern popular culture.
HIST 222: Europe since 1945
4 hr.; 3 credits
Description: Western European recovery; the East European revolutions and the development of communist regimes; the Cold War and nuclear armament; the problems stemming from the end of colonial empires, population increase, and economic development.
POLITICAL SCIENCE
PSCI 230: Politics of Development
4 hr.; 3 credits
Description: Politics and government in the underdeveloped areas of Africa, Asia, Latin America, and the Middle East. Stress on the interaction of political, social, and economic forces. Attention is paid to foreign policy problems.
PSCI 233: Transitions to Democracy
4 hr.; 3 credits
Description: During the past generation, many nations have shifted from authoritarian and military rule to democracy. This course will examine the reasons for this development, the ways it has been accomplished, and the prospects for the future.
PSCI 234: Contemporary Western Europe
4 hr.; 3 credits
Description: Analysis of contemporary European political institutions and processes. Selected countries to be announced.
PSCI 235: Contemporary Russia
4 hr.; 3 credits
Description: A survey of the political processes and governmental institutions of Russia, as well as the states of the former Soviet Union.
PSCI 238: Contemporary Asia
4 hr.; 3 credits
Description: A survey of the political development and government institutions of the states in the Far East, chiefly China and Japan; analytical study of their historical background and foreign relations.
PSCI 239: Contemporary Latin America
4 hr.; 3 credits
Description: A study of the political reality of Latin American countries through their constitutional organization and the actions and attitudes of power blocks within society. The role of political parties, dictatorship and caudillismo constitutional government, and democracy.
PSCI 240: Contemporary Middle East
4 hr.; 3 credits
Description: A survey of Middle Eastern governments, political processes, and political group behavior.
PSCI 252: Contemporary Issues in International Relations
4 hr.; 3 credits
Description: This course introduces students to some of the major issues that confront the world and provides them with basic analytical tools to help them understand these issues. Each section will focus on a particular issue, such as the control of weapons, women and war, international drug traffic, and the international trading system. The course will feature guest speakers from journalism, the UN, and various diplomatic missions. Topics to be announced. Course may be repeated with the permission of instructor if the topic is different.
PSCI 254: The Politics of the International Economy
4 hr.; 3 credits
Description: This course deals with the relationship between international politics and international economics. It pays particular attention to the increasing political significance of international trade, global competition, and the international division of labor. Students will examine such issues as the role of states in the world economy, the activities of inter-governmental organizations such as the IMF and the World Bank, and the problems of inequality and unequal development.
PSCI 257: Western Europe in World Politics
4 hr.; 3 credits
Description: The role of the European states in world politics. Cohesion and conflict within the regions: the politics of European integration, Atlantic cooperation, and East-West relations.
PSCI 258: Asia in World Politics
4 hr.; 3 credits
Description: Historical examination of the policies of the major powers toward China, Japan, and Korea; their common interests and contradictions; conflicts between nationalism and imperialism in East Asia and adjacent areas; special emphasis on the complicated relationships between the United States and the governments in this region.
4 hr.; 3 credits
SOCIOLOGY
SOC 273: Social Change in Africa
4 hr.; 3 credits
Prerequisits: SOC 101 or permission of instructor
Description: Problems and processes of social change in Africa. Theories of social change are evaluated in the context of Africa. Topics include: ethnicity; nationalism; rural and traditional social structures; urbanization and urban problems; class relations; state structures; state and civil society; social development.
SOC 274: Social Change in Latin America and the Caribbean
4 hr.; 3 credits
Prerequisits: SOC 101 or permission of instructor
Description: Problems and processes of social change in Latin America and the Caribbean. Various theories of social change are evaluated in the context of Latin America and the Caribbean. Topics include ethnic and race relations, migration (internal and external), state structures; state and civil society, interstate relations, problems of social development.
SOC 275: Sociology of Asian Americas
4 hr.; 3 credits
Prerequisits: SOC 101
Description: This course takes a sociological approach to Asian Americans in general and six major Asian ethnic groups in particular. Topics include the history of Asian immigration, historical cases of discrimination against Asian Americans, settlement patterns, occupational and economic adjustment, community organization and ethnicity, intergroup relations, and marriage and family life.
Globalization and Environment Electives
For Finance and Actuarial Studies majors only
(International Business majors, see Area Studies electives above)
ECONOMICS
ECON 204: International Political Economy
4 hr.; 3 credits
Prerequisites: ECON 101 or 103
Description: The important conceptual frameworks for considering the international political economy starting with mercantilism and ending with issues of international financial governance regime theories. Questions of property rights, state-market tensions, global public goods and bads, foreign direct investment and debt, structural adjustment programs and the creation of new financial architecture along with an examination of global economic governance institutions such as the International Monetary Fund, the World Bank and the World Trade Organization will be considered in the light of different approaches to the international political economy.
ECON 207: Comparative Economic and Financial Systems
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104; ENGL 110
Description: Despite the evolution of many world economies toward the market system and privatization, the major differences Рformal, cultural, and informal Рin the financial, legal, accounting, social and economic institutions, ownership, business practices and economic policy-making in both the transitioning economies and the world’s major economies pose major challenges for international business decision making and cause major differences in economic performance, income distribution, growth and efficiency of these economies. This course analyzes these components of an economy within a decision-making-information-motivation framework. Examples will be drawn from a number of economies including US, EU, Russia, Mexico, China and Pakistan. Of particular interest are macroeconomic institutions, monetary and fiscal policy, relationships to the world economic organizations as well as the internal political and legal frame work which influences privatization, market structures, competition and comparative internalization of social costs. Also examines the impact of systems and the political and social relationships in the behavior of economic institutions.
ECON 208: The Process of Economic Development
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104; ENGL 110
Description: The causes of differences in the levels of economic performance among countries; major theories of economic development; policies for economic development.
ECON 232: Economics of Climate Change
4 hr.; 3 credits
Prerequisites: ECON 102 or 104
Description: Description of economic effects of climate change. Theory of externalities. Benefit-cost analysis and intergenerational accounting. Methods of economic valuation. Economic policies to address consequences of climate change.
ECON 228W: The Economics of the Environment
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104 or permission of instructor; ENGL 110
Description: The economic causes of environmental problems and the problems encountered in estimating the economic cost of environmental damages. Application of economic theory to establish the conditions for the best use of the environment, and to evaluate economic costs and benefits of current regulatory policy.
ECON 326: International Economics
4 hr.; 3 credits
Prerequisites: ECON 202 or 225
Description: An introduction to the theory of international trade and to empirical tests of trade theory.
ECON 245: Economics of Technology, Media, and Telecommunications.
4 hr.; 3 credits
Prerequisites: ECON 100 or 102
Description: The origin, evaluation, and present pattern of government regulation of the media telecommunications and high-tech industries and the impact of these regulations on their industries.
ECON 301: The Economics of CryptoAsset
4 hr.; 3 credits
Prerequisites: ECON 201 or 215
Description: The application of economic principles to provide a comprehensive overview of blockchain technology and cryptocurrencies. Topics considered include the basics of bitcoin and blockchain technology a taxonomy of cryptoassets valuation framework for cryptoassets cryptotokens as micropayments governance issues and the democratization of entrepreneurship and innovation through digital tokens.
ECON 302: Blockchain and Money
4 hr.; 3 credits
Prerequisites: ECON 301
Description: Understand exactly what a blockchain is, why it matters for business activities with emphasis on the financial sector. Blockchain’s role as a decentralized distributed ledger is analyzed through use cases in technology, business, and enterprise products and institutions. Topics include the governance and regulatory issues surrounding blockchain’s applications.
ECON 328: International Finance
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104 and 201 or 226; ENGL 110
Description: An analysis of the economics of balance of payments, the foreign exchange market, international liquidity and adjustment problems, exchange rate systems and their influence on internal and external balance, international financial institutions, international capital movements, financial problems of economic integration.
ANTHROPOLOGY
ANTH 302: Ecology and Culture
4 hr.; 3 credits
Prerequisits: Nine credits in anthropology and junior standing
Description: This seminar focuses on the question, “Why do cultures change?”. Taking ethnographic and archaeological examples of foragers, herders, and farmers, the class will examine the relationship between environmental change, human population growth, technological change, the organization of the economy, and the exercise of power.
ANTH 304: Anthropology of Development
4 hr.; 3 credits
Prerequisits: Twelve credits in anthropology including 200 and 201 as prerequisites or corequisites or permission of instructor
Description: Third world and indigenous peoples are being incorporated more fully into the modern world system by means of processes generally labeled as “development.” Through an examination of several cases, this course will analyze the economic, political, cultural, demographic, and ecological impacts of this process.
ENVIRONMENTAL SCIENCES
ENSCI 100: Our Planet in the 21st Century: Challenges To Humanity 4 hr.; 3 credits Description: Focuses on two major themes of increasing concern to society: global climate change and the environment, and human health. Theme I, global climate change introduces basic concepts in mathematics and physics and the implications of climate change to society. Theme II, environment and human health introduces students to the basic concepts in chemistry and biology used in the study of anthropogenic pollutants and naturally occurring poisons, and to policy changes aimed at reducing human exposure to pollutant’s in developed and developing countries.
GEOLOGY
4 hr.; 3 credits
Description: World distribution, production, and requirements for mineral and energy resources. Use, abuse, conservation, and pollution of resources.
HISTORY
HIST 106: History of Latin America, 1825 to the Present
4 hr.; 3 credits
Description: Survey from the wars of independence to the present; special attention to political concepts, foreign imperialism, social and economic problems.
4 hr.; 3 credits
Description: Western European recovery; the East European revolutions and the development of communist regimes; the Cold War and nuclear armament; the problems stemming from the end of colonial empires, population increase, and economic development.
POLITICAL SCIENCE
PSCI 231: Political Culture and Political Socialization
4 hr.; 3 credits
Description: The effect on political systems and behavior of such phenomena as fundamental moral concerns and value systems, class structures, and folk practices; development of the individual’s orientation to political action and institutions.
4 hr.; 3 credits
Description: Effects of economic structures and practices on the political and social systems.
PSCI 233: Transitions to Democracy
4 hr.; 3 credits
Description: During the past generation, many nations have shifted from authoritarian and military rule to democracy. This course will examine the reasons for this development, the ways it has been accomplished, and the prospects for the future.
PSCI 234: Contemporary Western Europe
4 hr.; 3 credits
Description: Analysis of contemporary European political institutions and processes. Selected countries to be announced.
PSCI 235: Contemporary Russia
4 hr.; 3 credits
Description: A survey of the political processes and governmental institutions of Russia, as well as the states of the former Soviet Union.
4 hr.; 3 credits
Description: Politics and government in the underdeveloped areas of Africa, Asia, Latin America, and the Middle East. Stress on the interaction of political, social, and economic forces. Attention to foreign policy problems.
PSCI 237: Contemporary Africa
4 hr.; 3 credits
Description: Primary focus on the dynamics of societies in transition in “SubSaharan” Africa from colonial dependency to independence, and from traditional tribal units to modern nations.
PSCI 238: Contemporary Asia
4 hr.; 3 credits
Description: A survey of the political development and government institutions of the states in the Far East, chiefly China and Japan; analytical study of their historical background and foreign relations.
PSCI 239: Contemporary Latin America
4 hr.; 3 credits
Description: A study of the political reality of Latin American countries through their constitutional organization and the actions and attitudes of power blocks within society. The role of political parties, dictatorship and caudillismo constitutional government, and democracy.
PSCI 240: Contemporary Middle East
4 hr.; 3 credits
Description: A survey of Middle Eastern governments, political processes, and political group behavior.
4 hr.; 3 credits
Description: An examination of the social, economic, and cultural forces that shape the political processes of Central American societies, including the application of political theories of Central American and foreign writers.
PSCI 250: International Law
4 hr.; 3 credits
Description: An examination of the traditional and prevailing rules of international law governing relations among states and other international persons; special emphasis on recognition, succession, international treaties, and state jurisdiction over land, water, and aerial space.
PSCI 251: International Organization
4 hr.; 3 credits
Description: After a brief treatment of the historical background of international organization and attempts to maintain peace, attention is given to the organizational, structural, and functional aspects of the United Nations and its related agencies. An evaluation of the contributions of these organizations to the maintenance of peace and to world economic, social, and political development is made.
PSCI 252: Contemporary Issues in International Relations
4 hr.; 3 credits
Description: This course introduces students to some of the major issues that confront the world and provides them with basic analytical tools to help them understand these issues. Each section will focus on a particular issue, such as the control of weapons, women and war, international drug traffic, and the international trading system. The course will feature guest speakers from journalism, the UN, and various diplomatic missions. Topics to be announced. Course may be repeated with the permission of instructor if the topic is different.
PSCI 253: Problems in International Law and Administration
4 hr.; 3 credits
Description: An analytical study of selected topics in international law and administration, such as means and procedures for the settlement of international disputes, responsibility of states and other issues in diplomatic practices, administrative problems of the United Nations and other international organs in the performance of their functions, as well as the changing conception and controversial principles of the law of war and neutrality.
PSCI 254: The Politics of the International Economy
4 hr.; 3 credits
Description: This course deals with the relationship between international politics and international economics. It pays particular attention to the increasing political significance of international trade, global competition, and the international division of labor. Students will examine such issues as the role of states in the world economy, the activities of inter-governmental organizations such as the IMF and the World Bank, and the problems of inequality and unequal development.
PSCI 255: Comparative Foreign Policy
4 hr.; 3 credits
Description: An analysis of patterns in the orientation of various nation-states toward their world environment, and of structures and processes by which various nation-states formulate foreign policies.
PSCI 256: Africa in World Politics
4 hr.; 3 credits
Description: The international relations of the African countries and the development of African foreign policies. Pan-Africanism, the cold war in Africa, neutralism, regional and international agencies.
PSCI 257: Western Europe in World Politics
4 hr.; 3 credits
Description: The role of the European states in world politics. Cohesion and conflict within the regions: the politics of European integration, Atlantic cooperation, and East-West relations.
PSCI 258: Asia in World Politics
4 hr.; 3 credits
Description: Historical examination of the policies of the major powers toward China, Japan, and Korea; their common interests and contradictions; conflicts between nationalism and imperialism in East Asia and adjacent areas; special emphasis on the complicated relationships between the United States and the governments in this region.
PSCI 259: Latin America In World Politics
4 hr.; 3 credits
Description: The relations of the Latin American countries with the United States, the European powers, and with each other. Pan-Americanism and the participation of Latin America in international organizations. Inter-American public international law.
PSCI 260: The Middle East in World Politics
4 hr.; 3 credits
Description: The expansion of the European State system into the Middle East and the regional adjustments. The changing patterns of regional and international politics in the Middle East, contrasting the League of Nations and the United Nations systems.
PSCI 261: Russia in World Politics
4 hr.; 3 credits
Description: An examination of the foreign policy of Russia; continuing conflicts with the West; the politics of economic integration.
SOCIOLOGY
SOC 279: Globalization: Social and Geographic Perspectives
4 hr.; 3 credits
Prerequisits: SOC 101
Description: The components, causes, consequences, and implications of the process of globalization; structural, social, and cultural aspects of globalization; emergent patterns, historical context, and social geography of international inequality, poverty, social change, development, and regional integration; political, social movement, and policy responses; international cooperation and the role of the nonprofit sector.
Economics Major and Minor Electives
ECONOMICS
ECON 203: Development of Economic Thought
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104 or permission of instructor; ENGL 110
Description: Traces the evolution of economic doctrines both in their institutional context and with reference to central issues that are of present-day significance.
ECON 204: International Political Economy
4 hr.; 3 credits
Prerequisites: ECON 101 or 103
Description: The important conceptual frameworks for considering the international political economy starting with mercantilism and ending with issues of international financial governance regime theories. Questions of property rights, state-market tensions, global public goods and bads, foreign direct investment and debt, structural adjustment programs and the creation of new financial architecture along with an examination of global economic governance institutions such as the International Monetary Fund, the World Bank and the World Trade Organization will be considered in the light of different approaches to the international political economy.
ECON 207: Comparative Economic and Financial Systems
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104; ENGL 110
Description: Despite the evolution of many world economies toward the market system and privatization, the major differences Рformal, cultural, and informal Рin the financial, legal, accounting, social and economic institutions, ownership, business practices and economic policy-making in both the transitioning economies and the world’s major economies pose major challenges for international business decision making and cause major differences in economic performance, income distribution, growth and efficiency of these economies. This course analyzes these components of an economy within a decision-making-information-motivation framework. Examples will be drawn from a number of economies including US, EU, Russia, Mexico, China and Pakistan. Of particular interest are macroeconomic institutions, monetary and fiscal policy, relationships to the world economic organizations as well as the internal political and legal frame work which influences privatization, market structures, competition and comparative internalization of social costs. Also examines the impact of systems and the political and social relationships in the behavior of economic institutions.
ECON 208: The Process of Economic Development
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104; ENGL 110
Description: The causes of differences in the levels of economic performance among countries; major theories of economic development; policies for economic development.
ECON 210: Transformation of Economic Systems
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104; ENGL 110
Description: This course is concerned with the breakup and reconstitution of economic systems from antiquity to the present. The emphasis will be on primitive, feudal, and contemporary underdeveloped economies.
ECON 211: Economics of Asia
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104 or permission of department; ENGL 110
ECON 212: Economics of Latin America
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104 or permission of department; ENGL 110
ECON 213: Economics of the Labor Force
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104; ENGL 110
Description: Theoretical and public policy issues relating to wage determination, labor markets, the labor force, wages, prices, productivity, employment, human resources, and income maintenance.
ECON 214: Economics of Organized Labor
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104; ENGL 110
Description: Includes collective bargaining in the public and private sectors and labor problems of minorities.
ECON 215: Money and Banking
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104
Description: Description and analysis of monetary and banking principles and institutions.
ECON 217: ECON317 has replaced ECON217 (Public Finance)
4 hr.; 3 credits
Prerequisites: ECON 202 or 225; ENGL 110
Description: Such topics as government expenditures, distribution of the tax burden, equity in taxation, tax competition, and the national debt.
ECON 218: The Economics of State and Local Finance
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104; ENGL 110
Description: Such topics as the demand for government services, intergovernmental fiscal relations, the distribution of various public services within and between governmental jurisdictions, governmental budgeting processes, and sources of revenue.
ECON 219: Economics of Class, Race, and Sex
4 hr.; 3 credits
Prerequisites: ECON 101 or 103; ENGL 110
Description: This course is concerned with theoretical and historical explanations of stratification by class, race, sex, and ethnicity. Specifically, it is concerned with explaining differential rates of progress among ethnic groups; the economic position of the black population versus the white one; black/white males vis-à-vis black
ECON 219W: Economics of Class, Race, and Sex
4 hr.; 3 credits
Prerequisites: ECON 101 or 103; ENGL 110
Description: This course is concerned with theoretical and historical explanations of stratification by class, race, sex, and ethnicity. Specifically, it is concerned with explaining differential rates of progress among ethnic groups; the economic position of the black population versus the white one; black/white males vis-à-vis black
ECON 220: Consumer Economics and Personal Finance
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104; ENGL 110
Description: This course covers personal financial planning, consumer decision making, present value theory, money management, and credit. Specific topics include: income taxes, investing and portfolio management, risk management (insurance), pensions, long-term family and estate planning, and the problems of information and transaction costs. Students learn to use a spreadsheet on the IBM PC to solve various case problems.
ECON 221: The Economy of Greece
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104; ENGL 110
Description: This course will focus on the postwar structure and performance of the Greek economy. An examination of overall growth as well as growth of the agricultural, industrial, and service sectors will be pursued, taking into account the private-versus-public sector dichotomy. Special consideration will be given to external economic relations of Greece, its membership in the EEC, and balance of payments problems. The structural effects of external relations upon domestic development will be traced, dealing, for example, with migration and income distribution.
ECON 222: European Economic History since 1750
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104; ENGL 110
Description: Emphasizes the processes and repercussions of industrialization.
ECON 223: The Development of the American Economy to 1914
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104; ENGL 110
ECON 223W: The Development of the American Economy to 1914
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104; ENGL 110
ECON 224: American Economic History since 1914
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104; ENGL 110
ECON 232: Economics of Climate Change
4 hr.; 3 credits
Prerequisites: ECON 102 or 104
Description: Description of economic effects of climate change. Theory of externalities. Benefit-cost analysis and intergenerational accounting. Methods of economic valuation. Economic policies to address consequences of climate change.
ECON 328: International Finance
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104 and 201 or 226; ENGL 110
Description: An analysis of the economics of balance of payments, the foreign exchange market, international liquidity and adjustment problems, exchange rate systems and their influence on internal and external balance, international financial institutions, international capital movements, financial problems of economic integration.
ECON 228: The Economics of the Environment
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104 or permission of instructor; ENGL 110
Description: The economic causes of environmental problems and the problems encountered in estimating the economic cost of environmental damages. Application of economic theory to establish the conditions for the best use of the environment, and to evaluate economic costs and benefits of current regulatory policy.
ECON 228W: The Economics of the Environment
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104 or permission of instructor; ENGL 110
Description: The economic causes of environmental problems and the problems encountered in estimating the economic cost of environmental damages. Application of economic theory to establish the conditions for the best use of the environment, and to evaluate economic costs and benefits of current regulatory policy.
ECON 229: History of International Business and Finance, 1850 to the Present
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104
Description: This course will study the evolution of typical international business and financial structures and their performance through readings and lectures on international enterprise and national economic histories from the first era of globalization to the present. The business of export-import, financing trade and international investment, and multinational enterprise will be covered. Other topics will include the evolution of international monetary systems, trade regulation, and the size of the international economy.
ECON 230: Women’s Issues in Economics
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104; ENGL 110
Description: Includes discussion of participation of women in the labor force; distribution of women among occupations; work outside the marketplace and in the home; wage differentials between men and women; and government policies that affect the economic position of women.
ECON 230W: Women’s Issues in Economics
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104; ENGL 110
Description: Includes discussion of participation of women in the labor force; distribution of women among occupations; work outside the marketplace and in the home; wage differentials between men and women; and government policies that affect the economic position of women.
ECON 231: Economic Development of China
4 hr.; 3 credits
Prerequisites: MATH 131 and ECON 101 or 103 and ECON 102 or 104 and ENGL 110
Description: This is a basic survey course on China’s economic development from a historical perspective. After a short review of some of China’s pre-1949 economic history, the course focuses on the People’s Republic, with roughly half the semester devoted to the period of Mao’s leadership (1949-1976) and the balance devoted to the post-Mao period of reform and transition to a market economy (1978-present).
ECON 242: Regulation of American Business
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104; ENGL 110
Description: The origin, evaluation, and present pattern of government regulation of business; the organization of industry; anti-trust and the promotion of competition and prevention of monopoly and public regulation; public policies in natural resource and environmental conservation.
ECON 246: Urban Economics
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104; ENGL 110
Description: The microeconomics of U. S. urban development patterns from the industrial revolution to the present. Decentralization of economic activity and population; the resulting urban problems and possible solutions to these problems.
ECON 260: Economics of Health and Income Maintenance Program
4 hr.; 3 credits
Description: This course analyzes both individual and public policy decisions surrounding health and resource allocation issues in the health care sector of the U.S. The demand, production, cost, and financing of health are examined using a variety of conceptual and empirical models. Income maintenance programs are also discussed. The main emphasis is on the United States; comparisons with other countries may also be included.
ECON 301: The Economics of CryptoAsset
4 hr.; 3 credits
Prerequisites: ECON 201 or 215
Description: The application of economic principles to provide a comprehensive overview of blockchain technology and cryptocurrencies. Topics considered include the basics of bitcoin and blockchain technology a taxonomy of cryptoassets valuation framework for cryptoassets cryptotokens as micropayments governance issues and the democratization of entrepreneurship and innovation through digital tokens.
ECON 302: Blockchain and Money
4 hr.; 3 credits
Prerequisites: ECON 301
Description: Understand exactly what a blockchain is, why it matters for business activities with emphasis on the financial sector. Blockchain’s role as a decentralized distributed ledger is analyzed through use cases in technology, business, and enterprise products and institutions. Topics include the governance and regulatory issues surrounding blockchain’s applications.
ECON 326: International Economics
4 hr.; 3 credits
Prerequisites: ECON 202 or 225
Description: An introduction to the theory of international trade and to empirical tests of trade theory.
ECON 327: The Political Economy of the European Union: Past, Present, Future
3 hr.; 3 credits
Prerequisites: ECON 328 or permission of the instructor
Description: The objective of the interdisciplinary seminar on the European Union is to analyze the interaction of economics and politics between the European Union and the member states in the context of policy-making and policies in several key areas. The focus is on EU-state interaction in the policy-making process, especially in the economic area.
ECON 340: Industrial Organization
4 hr.; 3 credits
Prerequisites: ECON 101 or 103 and 102 or 104 and ECON 202; ENGL 110
Description: The economic functions of business firms; the theory and practice of internal organization of firms; market structure and performance of competitors, oligopolists, etc., and their effects on economic welfare; business as a social and political institution; the large firm in a mixed economy.
ECON 383: Seminar in Selected Studies in Economics
4 hr.; 3 credits
Prerequisites: ECON 102 and ECON 249 or equivalent.
Description: Subject varies with the instructor and the semester. May be repeated for credit provided the topic is not the same.
ECON 383W: Seminar in Selected Studies in Business
4 hr.; 3 credits
Prerequisites: ECON 101 and ECON 102; ENGL 110
Description: Subject varies with the instructor and the semester. May be repeated for credit provided the topic is not the same.
ECON 390: Research Methods in Economics
4 hr.; 3 credits
Prerequisites: ECON 101 or 103, 102 or 104, 202 or 225, 201 or 226, 249
Description: Class size is limited to 20. The purpose of this course is to teach students some research methods in economics, including data sources, presentation and interpretation of data, organization writing, editorial revision, and oral presentation of brief research memos, a major research paper, use of literature searches, government documents, and computers to access data banks, and introduction to computer-based modeling.
ECON 390W: Research Methods in Economics
4 hr.; 3 credits
Prerequisites: ECON 101 or 103, 102 or 104, 202 or 225, 201 or 226, 249
Description: Class size is limited to 20. The purpose of this course is to teach students some research methods in economics, including data sources, presentation and interpretation of data, organization writing, editorial revision, and oral presentation of brief research memos, a major research paper, use of literature searches, government documents, and computers to access data banks, and introduction to computer-based modeling.
ECON 391: Special Problems
4 hr.; 3 credits
Description: Recommended for students of high standing who want to do special individual research in economics under the guidance of an instructor. (A student may receive credit only once for courses in the 391.1-391.3 series.)
ECON 391W: Special Problems
4 hr.; 3 credits
Description: Recommended for students of high standing who want to do special individual research in economics under the guidance of an instructor. (A student may receive credit only once for courses in the 391.1-391.3 series.)
ECON 392W: Honors Seminar
4 hr.; 3 credits
Prerequisites: ECON 201 or 226, ECON 202 or 225, and ECON 382 or BUS 384
Description: Students must have a B or above in their economics courses. This class is required for high honors students in economics. Class size is limited to 20. The course will cover use of data sources, literature searches, analysis of data, presentation and interpretation of research results, and the process of writing and revision for economists.
BUSINESS
BUS 241: Corporation Finance
4 hr.; 3 credits
Prerequisites: ECON 102
Description: An analysis of the major funds flows of the firm. Development of the principles for determining specific assets a firm should acquire, as well as the least-cost methods of financing those assets. Topics considered include the management of cash, inventories, receivables, and fixed assets; alternative sources of available funds, including short-, intermediate-, and long-term sources of financing; the cost of capital; optimum capital structure; and corporate dividend policy.
BUS 243: Economics of Distribution and Marketing
4 hr.; 3 credits
Prerequisites: ECON 102; BUS 160W
Description: Functions, structure, and cost of the system of distribution of goods and services. Emphasizes the dynamic character of marketing and the major problems encountered at every stage of the distribution process. Merchandising and sales promotional activities, price policies, selection of channels of distribution.
BUS 247: Business Economics
4 hr.; 3 credits
Prerequisites: ECON 102; ENGL 110
Description: The application of economic principles to the problems of business decision making. Topics considered include decisions under risk and uncertainty; economic forecasting; estimation of demand and cost functions; price strategy under monopoly, oligopoly, and competition; diversification and conglomeration; and productivity analysis in worker and executive compensation.
BUS 250: Financial Statement Analysis for Non-accountants
4 hr.; 3 credits
Prerequisites: ACCT 201
Description: This course is designed for non-accountants who want to learn financial statement analysis. The student will be exposed to the various analytical approaches in evaluating a company’s balance sheet, income statement, and statement of cash flows. The course covers key ratios in ascertaining a business entity’s liquidity, solvency, profitability, asset utilization, return on investment, earning potential, and risk. The knowledge gained will allow for more informative credit, investment, business and audit decisions. (Not open to accounting majors.)
BUS 255: International Accounting for Non-accountants
4 hr.; 3 credits
Prerequisites: ACCT 102
Description: The course is designed for non-accountants such as those majoring in business administration. The course emphasizes the international business context of international accounting and financial decision making. We discuss the accounting and reporting for multinational companies, current international accounting issues facing the business world, comparative international analysis, international segment reporting, and other related topics.
BUS 351: Financial Markets
4 hr.; 3 credits
Prerequisites: BUS 241 or permission of instructor and MATH 131 or equivalent
Description: Survey of the United States and international money and capital markets. Emphasis is on modern institutions and practices. The course also considers the analytics and consequences of recent trading techniques.
BUS 355: Topics in International Business and Finance
4 hr.; 3 credits
Prerequisites: ECON 328 and 326
Description: This capstone course is designed to develop the student skill in systematically analyzing and presenting solutions to various problems presented in the case studies in international business, bringing to bear the theory and information learned in previous course. The student will write 4 or 5 “briefing papers” during the semester. Topics vary from semester to semester and include topics such as assessing barriers to trade, risk management in foreign investment, a plan for a feasibility study of setting up an plant abroad, developing a marketing plan for foreign country, problems in evaluating foreign companies for purchase or business partner, evaluating and hedging of currency risks, and assessing political and economic policy risks.
BUS 383: Seminar in Selected Studies in Business
3 hr.; 3 credits
Prerequisites: ECON (101 or 103) and (102 or 104), and permission of the department, and ENGL 110
Description: Subject varies with the instructor and the year. May be repeated for credit provided the topic is different.
BUS 383W: Seminar in Selected Studies in Business
4 hr.; 3 credits
Prerequisites: ECON 101 and ECON 102; ENGL 110
Description: Subject varies with the instructor and the semester. May be repeated for credit provided the topic is not the same.
BUS 384: Forecasting and Regression Analysis for Business
4 hr.; 3 credits
Prerequisites: ECON 249 or equivalent
Description: A survey of macroeconomic and microeconomic forecasting techniques. Emphasis will be placed on multiple regression analysis and the application of regression techniques to problems in finance and economics.
BUS 386: Financial Econometrics
4 hr.; 3 credits
Prerequisites: ECON 382 or BUS 384; and MATH 241 or permission by the instructor.
Description: The course will introduce students to methods of empirical analysis of financial markets. It will cover modern statistical and econometric techniques necessary for both professional and academic quantitative research in finance. Particular emphasis will be placed on measuring risk of holding and trading financial assets. Topics include: autoregressive and moving average models, ARCH, GARCH, analysis of high frequency intraday financial data.
BUS 390: Machine Learning in Business
4 hr.; 3 credits
Prerequisites: ECON 382 or MATH 242.
Description: Machine learning is considered as a branch of artificial intelligence that uses large data sets for tasks such as identifying patterns and making predictions. Data science may also be considered broader than machine learning, with the latter being a set of tools or computer algorithms used by the former. This course introduces the most popular tools in machine learning. These tools (clustering, regression, decision trees, neural networks, etc.) have been very successful in areas such as computer vision and natural language processing, and can also be applied in business to customer segmentation, fraud detection, credit decisions, sales forecasting, prediction of house prices, sentiment analysis, etc.
The main objective of the course is to understand how these algorithms work and interpret their results. Another objective is to develop programming (and presentation) skills as they have become a prerequisite for many jobs in business. Students will conduct their empirical analysis in Python, the main programming language in machine learning.
BUS 391: Special Problems
4 hr.; 3 credits
Prerequisites: Permission of department; ENGL 110
Description: Recommended for students of high standing who want to do special individual research in business under the guidance of an instructor. (A student may receive credit only once for courses in the 391.1-391.3 series.)
BUS 391W: Special Problems
4 hr.; 3 credits
Prerequisites: Permission of department; ENGL 110
Description: Recommended for students of high standing who want to do special individual research in business under the guidance of an instructor. (A student may receive credit only once for courses in the 391.1-391.3 series.)
BUS 392W: Honors Seminar
4 hr.; 3 credits
Prerequisites: BUS 341W, 350, 351 (for Finance majors) or ECO 328, 326 and 355W (for International Business Majors) and ECO 382 or BUS 384 and permission of the department
Description: This class is required for High Honors Students in Finance and International Business. Class size is limited to 20. The course will cover use of data sources, literature searches, analysis of data, presentation and interpretation of research results, and the process of writing and revision.
FIN 305: Foundations of Fintech
4 hr.; 3 credits
Prerequisites: BUS 241 and ECON 215.
Description: This course aims to explore the ways in which new technologies are disrupting the financial services industry through introducing new business models, delivery methods and products. Particularly, the course will focus on Payment Technologies, Robo-Advising, CreditTech and Lending, Blockchain and Cryptocurrencies, InsurTech, Real Estate Technologies, RegTech, Artificial Intelligence and Machine Learning.
At the end of this course the students will learn the essential components of technology-driven financial strategies and decision-making; explain the difference between traditional payment systems and disruptive FinTech innovations; learn how modern investment strategies utilize technology to produce optimal results; analyze and interpret the changing regulatory landscape; gain an understanding of how robo-advising, crowdfunding, peer-to-peer lending, and blockchain technologies challenge and change the dynamics of financial services delivery through real world applications; apply these new financial technologies in personal and entrepreneurial decision-making.
Certain electives are open to BBA majors only.
BUS 341W: Intermediate Finance
4 hr.; 3 credits
Prerequisites: BUS 241, BUS 160W, and ECON 249 or permission of the instructor; ENGL 110
Description: Covers the five most important problems of modern finance at a level beyond Economics 241. These are: the relationship between risk and returns, as expressed in the Capital Asset Pricing Model and Arbitrage Pricing Theory; the valuation of debt and equity instruments; the cost of capital and optimal capital structure; capital budgeting; and dividend policy.
BUS 344: Marketing Research
3 hr.; 3 credits
Prerequisites: BUS 243 & ECON 249
Description: A study of the nature of scientific research methods applied to the solution of marketing problems. Emphasis on planning projects and formulating the problem; methods of gathering data, including applications of sampling; interpreting data; and presentation of the results. Some attention is given to a discussion of the essential features of the applied areas of motivation research, advertising research, product research, and sales research.
BUS 350: Investment Analysis
4 hr.; 3 credits
Prerequisites: BUS 241 or permission of instructor; ECON 249 or equivalent, and ENGL 110
Description: An analysis of the types of securities available in the market covering both individual and institutional portfolio analyses and management. Considers the formulation of appropriate portfolio investment objectives, techniques for achieving them, and institutional, legal, and other constraints on portfolio strategies. Impacts of macro- and micro-economic activity on portfolio performance, and measures of performance are discussed.
BUS 352: Investment Management
4 hr.; 3 credits
Prerequisites: BUS 350
Description: This course provides a detailed examination of portfolio management. Topics include: definition and measurement of risk, market efficiency, testing for inefficiencies, components and determinants of trading costs, mechanics of creating and managing a portfolio and investment philosophies.
BUS 353: Options and Futures Markets
4 hr.; 3 credits
Prerequisites: BUS 241 and ECON 249
Description: The economic role of options and futures markets is examined. Specific topics include: determinants of forward and futures prices, option valuation using binominal trees and Monte Carlo simulation, implied binominal trees, relation between puts and calls, uses of options in investment strategies, hedging techniques, exotic options, applications to corporate securities and other financial instruments.
BUS 385: CFA Workshop
4 hr.; 3 credits
Prerequisites: Senior standing and completion of/co-registration with finance courses
Description: Course is intended to prepare students for the Level I CFA exam.
BUS 354: Multinational Financial Management
4 hr.; 3 credits
Prerequisites: BUS 241
Description: This course studies the various issues impacting multinational corporations and their international financial management. The course deals with the significance of a country’s balance of payments deficits and surpluses; the markets for foreign exchange; exchange rate determination and volatility; methods to deal with currency fluctuations; currency bloc such as the European Monetary Union; the decision-making process concerning location and financing of production and investments; methods of assessing country risk; international taxation issues.