ECN Courses

ECN 1010 - Economics as a Social Science (BSS) - Breadth Social Sciences - 3 credits

Overviews both microeconomics and macroeconomics for students planning no further formal study of business and/or economics. Analysis of resource allocation, supply and demand, price determination under competitive and monopolistic conditions. Analizes factors influencing aggregate levels of output, employment, and prices, introduction to U.S. fiscal and monetary policy, international trade and international monetary systems.

Campus: USU Eastern only

Semester(s) Traditionally Offered: Fall, Spring, Summer

ECN 1500 - Introduction to Economic Institutions, History, and Principles (BAI) - Breadth American Institutions - 3 credits

Designed to build an understanding of economic institutions, history, and principles. Relationship between private and public sectors of U.S. economy. Analysis of major economic institutions, such as property rights, markets, business organizations, labor unions, money and banking, trade, and taxation.

Semester(s) Traditionally Offered: Fall, Spring, Summer

ECN 2010 - Introduction to Microeconomics (BSS) - Breadth Social Sciences - 3 credits

Designed to build an understanding of the economics of the marketplace from the perspectives of individual consumer and producer or business. Development and application of microeconomic principles to demonstrate the role and limitations of competitive markets in motivating socially efficient consumer, business, and public sector choices.

Prerequisite/Restriction: ECN 1500.

Cross-listed as: APEC 2010.

Semester(s) Traditionally Offered: Fall, Spring, Summer

ECN 3010 - Managerial Economics (DSS) - Depth Social Sciences - 3 credits

Microeconomic principles applied to economic decision-making and policy formulation, with emphasis at the level of business firm and the individual consumer. Designed for undergraduate business and accounting majors. Credit will not be given for both ECN 3010 and ECN 4010/APEC 4010.

Prerequisite/Restriction: ECN 2010/APEC 2010, MATH 1100, STAT 2300.

Semester(s) Traditionally Offered: Fall, Spring

ECN 3170 - Law and Economics - 3 credits

Explains legal and political rules, the organization of government, and other institutional processes. Uses standard microeconomic tools and concepts, such as scarcity, choice, preferences, incentives, and supply and demand.

Prerequisite/Restriction: POLS 1100.

Cross-listed as: POLS 3170.

Semester(s) Traditionally Offered: Spring

ECN 3200 - Analytical Rigor: Scientific Methodology in Business and the Social Sciences (DSS) - Depth Social Sciences - 3 credits

Explores in detail the idea of hypothesis formulation and evidence in the context of analytical rigor. The idea of necessary skepticism as an element of analytical rigor is discussed.

Prerequisite/Restriction: ECN 1500

Semester(s) Traditionally Offered: Spring

ECN 3300 - Contemporary Issues in International Trade - 3 credits

Examines interrelated economic, political, and social issues faced by institutions and individuals at various points in the trade process.

Prerequisite/Restriction: Admission to Huntsman Scholars Junior Year Program.

Cross-listed as: MGT 3300.

Semester(s) Traditionally Offered: Fall

ECN 3400 - Introduction to Global Economic Institutions and Business Environment (DSS) - DSS Depth Social Sciences - 3 credits

Designed for future business leaders who want an understanding of the global economic environment in which businesses operate. Topics include global regulatory and political institutions, trade policy, and international capital and currency markets.

Prerequisite/Restriction: ECN 2010/APEC 2010.

Semester(s) Traditionally Offered: Fall, Spring, Summer

ECN 4010 - Intermediate Microeconomics - 3 credits

Analysis of behavior of consumers and business firms. Application of theory to the solution of real world problems. Credit will not be given for both ECN 3010 and ECN 4010/APEC 4010.

Prerequisite/Restriction: ECN 2010/APEC 2010, MATH 1100, and STAT 2300.

Cross-listed as: APEC 4010.

Semester(s) Traditionally Offered: Fall, Spring

ECN 4020 - Intermediate Macroeconomics - 3 credits

Analysis of underlying causes of unemployment, economic instability, inflation, and economic growth. .

Prerequisite/Restriction: ECN 1500 and MATH 1100

Semester(s) Traditionally Offered: Fall, Spring

ECN 4310 - Mathematical Methods in Economics and Finance I (QI) - Quantitative Intensive - 3 credits

Covers single-variable and multi-variable calculus, exponents and logarithms, linear algebra, and implicit functions. These concepts find economics applications in the theory of the firm, time value of money, IS-LM macro modeling, and more.

Prerequisite/Restriction: ECN 2010/APEC 2010 and MATH 1100.

Semester(s) Traditionally Offered: Fall

ECN 4500 - The Political Economy of the European Union - 3 credits

This course provides students with an introduction of the economic and political environment of the European Union.

Prerequisite/Restriction: Permission of instructor

Semester(s) Traditionally Offered: Fall

ECN 4900 - Independent Reading and Research - 1-3 credits

Repeatable for credit.

Semester(s) Traditionally Offered: Fall, Spring, Summer

ECN 4950 - Senior Honors Thesis/Project - 3 credits

Creative project that will then be written up, and presented, as a Senior Thesis as required for an Honors Plan.

Semester(s) Traditionally Offered: Spring

ECN 4990 - Senior Seminar - 1-3 credits

Introduces students to current research and special topics in economics.

Repeatable for credit.

Semester(s) Traditionally Offered: Fall, Spring

ECN 5000 - Advanced Macroeconic Topics - 3 credits

Covers advanced topics in macroeconomics. Exact topics depend on recent developments in the macroeconomic discipline, the research and teaching expertise of the faculty, and the current state of the macroeconomy, both inside and outside of the U.S. Focuses on studying the most recent developments in macroeconomic theory and applying the theory to the pressing problems in the contemporary macroeconomy.

Prerequisite/Restriction: ECN 4020.

Semester(s) Traditionally Offered: Fall

ECN 5100 - History of Economic Thought - 3 credits

Origin and development of economic theories of leading thinkers in western civilization.

Prerequisite/Restriction: ECN 2010/APEC 2010.

Semester(s) Traditionally Offered: Spring

ECN 5110 - Economic History of the United States (DSS) - Depth Social Sciences - 3 credits

Development of agriculture, industry, transportation, and finance from colonial times.

Prerequisite/Restriction: ECN 2010/APEC 2010.

Semester(s) Traditionally Offered: Fall

ECN 5150 - Comparative Economic Systems (CI/DSS) - Communications Intensive and Depth Social Sciences - 3 credits

History, economic theories, and comparative policies of communist, socialist, and capitalistic economies. Problems facing transition economies.

Prerequisite/Restriction: ECN 2010/APEC 2010 and fulfillment of CL2 requirement through coursework or examination (ENGL 2010)

Semester(s) Traditionally Offered: Spring

ECN 5200 - Money and Banking - 3 credits

Covers financial markets and the determination of interest rates and asset prices; the money supply process; the structure of the Federal Reserve System and the goals of the Federal Open Market Committee; other topical central banking issues; and the effects of monetary policy on output, interest rates, inflation, unemployment, financial markets, and exchange rates.

Prerequisite/Restriction: ECN 4020.

Semester(s) Traditionally Offered: Fall

ECN 5300 - Industrial Organization-Game Theory - 3 credits

Emphasizes market structure, firm conduct, and economic efficiency. Topics include competition, game theory, monopoly, oligopoly, monopolistic competition, firm strategies, and anti-trust policy in the United States.

Prerequisite/Restriction: ECN 4010/APEC 4010 and ECN 4020.

Semester(s) Traditionally Offered: Spring

ECN 5310 - Mathematical Methods for Economics and Finance II (QI) - Quantitative Intensive - 3 credits

Covers constrained optimization, unconstrained optimization, integral caculus, differential equations, probability theory, and other related topics. These concepts find application in the theory of the firm, the theory of the consumer, game theory, least squares regression analysis, portfolio theory, asset pricing, insurance contracts, choice under uncertainty, and more.

Prerequisite/Restriction: ECN 4310.

Semester(s) Traditionally Offered: Spring

ECN 5330 - Applied Econometrics (QI) - Quantitative Intensive - 3 credits

Introduction to basic statistics, simple linear regression, multiple regression, and simultaneous equation models for economics.

Prerequisite/Restriction: STAT 2000 or STAT 2300 or STAT 3000.

Cross-listed as: APEC 5330.

Semester(s) Traditionally Offered: Spring

ECN 5400 - International Trade Theory - 3 credits

Intermediate-level issues in international trade theory and commercial policy. Topics include competitive and noncompetitive trade models, trade policy, balance of payments accounting, exchange rates, international lending and investment, and economic growth.

Prerequisite/Restriction: ECN 4020; ECN 3010 or ECN 4010/APEC 4010.

Semester(s) Traditionally Offered: Fall

ECN 5500 - Public Finance (CI) - Communications Intensive - 3 credits

One of the most important questions in economics is when or if we should abandon the personal decisions of markets and substitute choosing with and for others through government. By examining the economic activities of government, including taxation, spending, and regulation, this course attempts to answer that question.

Prerequisite/Restriction: ECN 1500 and fulfillment of CL2 requirement through coursework or examination (ENGL 2010)

Semester(s) Traditionally Offered: Fall

ECN 5600 - Financial Economics - 3 credits

Introduction to development of our present system of money, banking, and financial institutions. Analysis of central bank policy, capital markets, speculative markets, and portfolio theory.

Prerequisite/Restriction: ECN 4020; ECN 3010 or ECN 4010/APEC 4010.

Semester(s) Traditionally Offered: Spring

ECN 5700 - Economics of Public Choice - 3 credits

The application of rational choice theories of individual behavior to the political processes of representative democracies and other sytems of governance. Topics include voting; legislatures; autocrats and bureaucrats; judges; the provision of public goods, and the growth of government.

Prerequisite/Restriction: ECN 4010

Semester(s) Traditionally Offered: Spring

ECN 5950 - Economic Research and Methods (QI) - Quantitative Intensive - 3 credits

Introduction and use of research methods to study focused research topics in economics. Specific topics and methods can vary according to the expertise of the instructor. Methods used within course research can include mathematical modeling, simulation and econometric estimation techniques.

Prerequisite/Restriction: ECN 4010 and ECN 4020

Semester(s) Traditionally Offered: Spring

ECN 6000 - Macroeconomic Theory I - 3 credits

Lays a foundation of advanced macroeconomic analysis, integrating theory, data, and computational methods. Special attention given to real-world issues, with an emphasis on how economists use macro models and data to improve business and public policy decisions. Topics covered include neoclassical and endogenous growth theories, real business cycle and new Keynesian theories of economic fluctuations, monetary theory, macroeconomic policy, and open-economy macroeconomics.

Cross-listed as: ECN 7230

Semester(s) Traditionally Offered: Fall

ECN 6050 - Fundamentals of Economics - 3 credits

Introduction of economic principles for students entering a master’s degree in the Huntsman School of Business.

Prerequisite/Restriction: Acceptance into a Huntsman School of Business master’s degree program.

Semester(s) Traditionally Offered: Summer

ECN 6250 - Graduate Internship - 1-3 credits

Repeatable for credit.

Semester(s) Traditionally Offered: Fall, Spring, Summer

ECN 6310 - Economics for Decision Making - 2-3 credits

Application of concepts and theories, based on managerial economics, to business problems. Addresses cost theory, pricing, market structures, and forecasting.

Semester(s) Traditionally Offered: Fall, Spring, Summer

ECN 6330 - Applied Econometrics - 3 credits

Provides graduate-level introduction to applied regression tools, including: simple and multivariate regression analysis; linear, nonlinear, and qualitative dependent variable models; distributed lags; seemingly unrelated regression; and model specification and validation tests.

Prerequisite/Restriction: Background in statistics and calculus.

Cross-listed as: APEC 6330.

Semester(s) Traditionally Offered: Fall

ECN 6910 - Independent Research - 1-3 credits

Directed readings. Credits from this course toward any economics graduate degree require approval of the student’s advisory committee, the department graduate committee, and the department head.

Prerequisite/Restriction: ECN 4010/APEC 4010 and ECN 5000.

Cross-listed as: APEC 6910.

Repeatable for credit.

Semester(s) Traditionally Offered: Fall, Spring, Summer

ECN 6970 - Thesis Research - 1-9 credits

Master’s level research.

Repeatable for credit.

Pass/Fail only.

Semester(s) Traditionally Offered: Fall, Spring, Summer

ECN 6990 - Continuing Graduate Advisement - 1-9 credits

Master’s level advisement.

Repeatable for credit.

Pass/Fail only.

Semester(s) Traditionally Offered: Fall, Spring, Summer

ECN 7130 - Microeconomic Theory I - 3 credits

Provides a rigorous introduction to graduate-level microeconomic theory. While the specific focus is on the theoretical construct of graduate-level microeconomic models, the broad objective of the class is to lay the foundation for empirical applications in microeconomics. To meet this broad objective, the course covers theory of the firm, consumer theory, market structure, theory of public goods and externalities, and welfare economics. A.

Cross-listed as: APEC 7130.

Semester(s) Traditionally Offered: Fall

ECN 7140 - Microeconomic Theory II - 3 credits

Extends the theoretical foundations of microeconomics with an emphasis on model building in economics. Topics include static games of complete and incomplete information, dynamic games of complete and incomplete information, imperfectly competitive markets, risk and uncertainty, public goods, general equilibrium, and information economics.

Prerequisite/Restriction: ECN 7130/APEC 7130, ECN 7360/APEC 7360.

Cross-listed as: APEC 7140

Semester(s) Traditionally Offered: Spring

ECN 7230 - Macroeconomic Theory I - 3 credits

Lays a foundation of advanced macroeconomic analysis, integrating theory, data, and computational methods. Special attention given to real-world issues, with an emphasis on how economists use macro models and data to improve business and public policy decisions. Topics covered include neoclassical and endogenous growth theories, real business cycle and new Keynesian theories of economic fluctuations, monetary theory, macroeconomic policy, and open-economy macroeconomics.

Cross-listed as: ECN 6000

Semester(s) Traditionally Offered: Fall

ECN 7240 - Macroeconomic Theory II - 3 credits

Extends the foundations of ECN 7230 with a more in-depth look at the theory and computational aspects of various models of economic growth and business cycles.

Prerequisite/Restriction: ECN 7230 and ECN 7360/APEC 7360

Cross-listed as: APEC 7240

Semester(s) Traditionally Offered: Spring

ECN 7310 - Econometrics I - 3 credits

Begins with a review of probability and statistics. Remainder of course is spent discussing the Classical linear regression model, least squares and maximum likelihood estimation, finite and asymptotic sample properties, inference, prediction, and nonlinear optimization.

Cross-listed as: APEC 7310

Semester(s) Traditionally Offered: Fall

ECN 7320 - Econometrics II - 3 credits

Extension of ECN 7310, covering topics such as nonspherical disturbances, panel data, simultaneous equations, time series and distributed lag models, and limited and qualitative dependent variable models.

Prerequisite/Restriction: ECN 7310/APEC 7310.

Cross-listed as: APEC 7320.

Semester(s) Traditionally Offered: Spring

ECN 7350 - Mathematical Economics I - 3 credits

Includes linear equations, matrix algebra, multivariate calculus, static optimization, comparative static analysis, constrained optimization, and Kuhn-Tucker conditions.

Cross-listed as: APEC 7350.

Semester(s) Traditionally Offered: Fall

ECN 7360 - Mathematical Economics II - 3 credits

Extends the presentation of ECN 7350 by covering applications of constrained optimization, the envelope theorem and applications, differential equations, dynamic economics, and optimal control.

Prerequisite/Restriction: ECN 7350/APEC 7350.

Semester(s) Traditionally Offered: Spring