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ECO 100 Introduction into the Social Sciences (3)
This course examines the social sciences in their historical context, and their relationship to the individual and the group. It provides a fundamental understanding of the dynamics of individual and group behavior as well as a sense of how economic, political, and social systems function. (Also listed as POL 100, PSY 100, and SOC 100.)
ECO 199 Principles of Macroeconomics (3)
Measurement and determination of aggregate levels of income and output, employment, and prices. The role of the central bank and the impact of government spending and taxation are examined as well.
ECO 210 Principles of Microeconomics (3)
The market mechanism, with a detailed examination of supply and demand and applications to monopoly power, externalities, resource markets, and instruments of social action.
ECO 304 Environmental Economics (3)
Explores the application of economic analysis to issues of natural resources and the environment. Topics include environmental externalities, the evaluation of economic costs and benefits, common property resources, alternative pollution control mechanisms, and limits to economic growth. This course is suitable for non-Business majors and may be used to meet Liberal Arts Core requirements. Prerequisite: ECO/POL/PSY/SOC 100.
ECO 305 Business and Economics of Sports (3)
Uses microeconomic principles to explore the decisions of owners and business managers in the sports industry. Topics include players’ salaries and union contract negotiations, ticket sales, the market for broadcast rights, and stadium financing. The course also examines the economics of collegiate sports and the expanding international markets in broadcast rights, athletes’ contracts, and team paraphernalia. See department chair for course offering schedule. Prerequisite: ECO 210 or permission of the instructor.
ECO 330 Managerial Economics (3)
An application of microeconomics. Topics include estimation of demand, production and cost functions, and optimal pricing and output decisions under various market structures. See department chair for course offering schedule. Prerequisites: ECO 210 and MSC 300.
ECO 332 Money and Banking (3)
An analysis of the American banking system, monetary theories, and monetary policies with emphasis on the economic importance of the Federal Reserve System. Offered fall semester only. Prerequisite: ECO 199.
ECO 401 Economics of Regulation (3)
An exploration of the theories of the regulation of economic activity, its applications, and its implications. Topics will include why and how the government regulates some types of economic activity (antitrust, industrial, and social policies) and how to economically design and assess the regulation policy. See department chair for course offering schedule. Prerequisite: ECO 210.
ECO 431 Contemporary Issues in Economics (3)
A selected group of substantive issues explored in-depth, using the most recent methods of finding and utilizing information and the application of basic economic analysis. See department chair for course offering schedule. Prerequisites: ECO 199 and ECO 210.
ECO 433 Research (1-6)
A student in this course will conduct collaborative research (scholarly work leading to new knowledge) under the direction of a faculty member. Refer to the Marymount Academic Research Initiative (MARI) guidelines on page 51. Prerequisite: application and approval of department chair.
ECO 451 Senior Seminar in Economics (3)
An opportunity for assisted, self-directed study of a topic of interest. The study will culminate in a paper and oral presentation.
See department chair for course offering schedule. Prerequisites: 12 credits in ECO courses numbered above 300. This course contains a significant amount of speech and oral presentations.
ECO 485 International Economics (3-6)
An introduction to the theory of international trade and finance with an emphasis on exchange markets, trade policies, factor movements, and the interrelationship of the domestic and international economy. Offered spring semester only. Prerequisites: ECO 199 and ECO 210.
ECO 490 Internship (3-6)
Senior students may register for field experience in cooperating Washington metropolitan area business firms. The internship is monitored by the director of internships and a representative of the cooperating company. Prerequisites: permission of director of internships for the School of Business Administration, senior status, minimum of 90 credit hours with a cumulative GPA of 2.0 or better, and a cumulative GPA of 2.0 or better in all Business courses.
ECO 585 International Trade and Global Markets (3)
Introduces the business student to the concepts of international markets for goods, services, and assets and the role of government policy on trade, investment, and stabilization in an open economy. General topics include comparative advantage, terms of trade, exchange rate regimes, the balance of payments, internal and external balances, and international investment. Offered fall semester only. Prerequisite: MBA 518 or MBA 520.
ECO 590 Health Care Economics (3)
Emphasizes the significance and relevance of economics, financial information, and financial management in the health care industry. The course provides an understanding of the financial and economic implications of decision making in health care and of the process of achieving effective resource utilization as a basic element of proper management. Offered spring semester only.
ECO 599 Special Topics in Economics (3)
This course explores contemporary topics in economics. See department chair for course offering schedule. Prerequisite: MBA 518 or MBA 520.