Academic Catalog 2020-2021

Slippery Rock University

Economics (ECON)

ECON 105 -  Economics of Social Issues  

As an introductory course, it is intended to provide an understanding of how our economic system works. It examines the forces that determine what, how much and who obtains the outputs of the economy, and explains the issues behind current economic problems. A framework of building blocks from micro, macro, and international economics is developed to enable students to comprehend the differences among alternative solutions and to understand the implications of policy issues constantly confronting a mixed dynamic economy.

Credits: 3

Term(s) Typically Offered: Offered Summer & Winter Terms

ECON 139 -  University Seminar  

University Seminar serves as the entry point to the Slippery Rock University general education program. With its strong faculty-student interaction, the course promotes intellectual inquiry, critical and creative thinking, and academic excellence. Through varied content, the course introduces students to academic discourse and information literacy while exploring topics such as diversity and inclusion and global awareness. This course will set students along the path to becoming engaged with issues and scholarship important to a 21st century education while they learn about themselves and their place in the world.

Credits: 3

Term(s) Typically Offered: Offered as Needed

Enrollment limited to students with a semester level of Freshman 1 or Freshman 2.
Enrollment limited to students with the ROCK STUDIES STUDENT attribute.

ECON 190 -  Experimental  

A unique and specifically focused course within the general purview of a department which intends to offer it on a "one time only" basis and not as a permanent part of the department's curriculum.

Credits: 1-3

Term(s) Typically Offered: Offered as Needed

ECON 195 -  Workshop  

A workshop is a program which is usually of short duration, narrow in scope, often non-traditional in content and format, and on a timely topic.

Credits: 1-6

Term(s) Typically Offered: Offered as Needed

ECON 198 -  Selected Topics  

A Selected Topics course is a normal, departmental offering which is directly related to the discipline, but because of its specialized nature, may not be able to be offered on a yearly basis by the department.

Credits: 1-3

Term(s) Typically Offered: Offered as Needed

ECON 201 -  Principles of Macroeconomics  

Definition of economics; concepts and institutions; demand, supply and the price system; national income; employment and fiscal policy; monetary policy; economic stability and growth.

Credits: 3

Term(s) Typically Offered: Offered Every Term

ECON 202 -  Principles of Microeconomics  

Economics of the firm; resource allocation; price and output determination; market structure; current economic problems; international economics.

Credits: 3

Term(s) Typically Offered: Offered Every Term

ECON 211 -  Real Estate Finance  

The study of nature and scope of real estate, factors affecting demand and supply, property rights, title, deeds and title closing, sources of financing, real estate valuation, taxes, leveraged buy-outs, and real estate investment decision.

Credits: 3

Term(s) Typically Offered: Offered as Needed

ECON 219 -  Business Analytics I  

Probability and statistics in a business environment encompassing descriptive statistics, probability theory, hypothesis testing, linear regression and correlation. Prerequisites: Algebraic proficiency and microcomputer proficiency. Cross-listed as MGMT 219.

Credits: 3

Term(s) Typically Offered: Offered Every Term

ECON 290 -  Experimental  

A unique and specifically focused course within the general purview of a department which intends to offer it on a "one time only" basis and not as a permanent part of the department's curriculum.

Credits: 1-3

Term(s) Typically Offered: Offered as Needed

ECON 295 -  Workshop  

A workshop is a program which is usually of short duration, narrow in scope, often non-traditional in content and format, and on a timely topic.

Credits: 1-6

Term(s) Typically Offered: Offered as Needed

ECON 298 -  Selected Topics  

A Selected Topics course is a normal, departmental offering which is directly related to the discipline, but because of its specialized nature, may not be able to be offered on a yearly basis by the department.

Credits: 1-3

Term(s) Typically Offered: Offered as Needed

ECON 301 -  Macroeconomic Analysis  

Determination of national income and employment. National income accounts as measures of aggregate economic behavior. Analysis of income stability, unemployment, inflation and growth.

Prerequisites: ECON 201D and ECON 202D
D Requires minimum grade of D.

Credits: 3

Term(s) Typically Offered: Offered Spring Terms

Students with a semester level of Freshman 1, Freshman 2 or Sophomore 1 may not enroll.

ECON 302 -  Microeconomic Analysis  

Intermediate price theory including theories of demand, supply, production, resource allocation, market structure, general equilibrium and risk analysis.

Prerequisites: ECON 201D and ECON 202D
D Requires minimum grade of D.

Credits: 3

Term(s) Typically Offered: Offered Fall Terms

Students with a semester level of Freshman 1, Freshman 2 or Sophomore 1 may not enroll.

ECON 304 -  Money and Banking  

Emphasis is upon monetary policy, how it is implemented, the theories on which it is based, and the implication of this policy on our economy.

Prerequisite: ECON 201D
D Requires minimum grade of D.

Credits: 3

Term(s) Typically Offered: Offered as Needed

Students with a semester level of Freshman 1, Freshman 2 or Sophomore 1 may not enroll.

ECON 312 -  Critical Choices in Health Care Policy  

This course analyzes the health care sector. It presents reasons for the growth in health care expenses, assesses how and why they are likely to grow, and details policy options that confront health care administrators, consumers, employers, and government officials.

Prerequisite: ECON 202D
D Requires minimum grade of D.

Credits: 3

Term(s) Typically Offered: Offered Fall & Spring Terms

Thematic Thread(s): 21st Century Healthcare, Transfer Thread Completion Course

Students with a semester level of Freshman 1, Freshman 2 or Sophomore 1 may not enroll.

ECON 315 -  Economics of Sustainable Development  

Economic causes and effects of pollution are discussed along with the issue of sustainable economic development. government policy with respect to the environment and renewable energy will be surveyed. The framework connection between sustainability and the core functions of business for profit in the global economy will be presented.

Prerequisite: ECON 202D
D Requires minimum grade of D.

Credits: 3

Term(s) Typically Offered: Offered Spring Terms

Thematic Thread(s): Sustainable International Development, Sustainability, Transfer Thread Completion Course

Students with a semester level of Freshman 1, Freshman 2 or Sophomore 1 may not enroll.

ECON 318 -  Intermediate Statistical Analysis  

Statistical analysis encompassing multiple regression and correlation, ANOVA (simple and multivariate), goodness of fit, statistical decision analysis, and advanced forecasting techniques.

Prerequisites: ECON 219D or MGMT 219D or BUSA 219D
D Requires minimum grade of D.

Credits: 3

Term(s) Typically Offered: Offered Fall Terms

Students with a semester level of Freshman 1, Freshman 2 or Sophomore 1 may not enroll.

ECON 319 -  Business Analytics II  

This course introduces various methods on how to analyze large sets of business data in order to uncover potential business opportunities. Students will learn both predictive analytics and prescriptive analytics. The predictive analytics include trend analysis, forecasting techniques, data mining, and spreadsheet modeling. Prescriptive analytics covers linear optimization and decision analysis. Business software such as productivity software, data visualization, and business intelligence software will be heavily used as a main focus of learning.

Prerequisites: (ECON 219D or MGMT 219D or STAT 152D or BUSA 219D) and (MATH 113D or MATH 115D or MATH 117D or MATH 118D or MATH 122D or MATH 123D or MATH 125D or MATH 131D or MATH 210D or MATH 225D)
D Requires minimum grade of D.

Credits: 3

Term(s) Typically Offered: Offered Every Term

Enrollment limited to students with a semester level of Junior 1, Junior 2, Post Baccalaureate, Senior 1, Senior 2, Sophomore 1 or Sophomore 2.

ECON 326 -  International Economics  

Alternative exchange rate systems, commercial trade policies, balance of payments, adjustment mechanisms and the role of international financial organizations.

Prerequisites: ECON 201D and ECON 202D
D Requires minimum grade of D.

Credits: 3

Term(s) Typically Offered: Offered Spring Terms

Thematic Thread(s): International Business, Sustainable International Development, Transfer Thread Completion Course

Students with a semester level of Freshman 1, Freshman 2 or Sophomore 1 may not enroll.

ECON 360 -  Labor Economics  

An investigation of labor markets and the effect of institutional forces on employment, wage determination, stability, and the availability of labor.

Prerequisite: ECON 202D
D Requires minimum grade of D.

Credits: 3

Term(s) Typically Offered: Offered as Needed

Students with a semester level of Freshman 1, Freshman 2 or Sophomore 1 may not enroll.

ECON 390 -  Experimental  

A unique and specifically focused course within the general purview of a department which intends to offer it on a "one time only" basis and not as a permanent part of the department's curriculum.

Credits: 1-3

Term(s) Typically Offered: Offered as Needed

Students with a semester level of Freshman 1, Freshman 2 or Sophomore 1 may not enroll.

ECON 395 -  Workshop  

A workshop is a program which is usually of short duration, narrow in scope, often non-traditional in content and format, and on a timely topic.

Credits: 1-6

Term(s) Typically Offered: Offered as Needed

Students with a semester level of Freshman 1, Freshman 2 or Sophomore 1 may not enroll.

ECON 398 -  Selected Topics  

A Selected Topics course is a normal, departmental offering which is directly related to the discipline, but because of its specialized nature, may not be able to be offered on a yearly basis by the department.

Credits: 1-3

Term(s) Typically Offered: Offered as Needed

Students with a semester level of Freshman 1, Freshman 2 or Sophomore 1 may not enroll.

ECON 450 -  Internship  

Supervised placement and research in selected public and private agencies at appropriate institutions.

Prerequisites: ECON 201D and ECON 202D
D Requires minimum grade of D.

Credits: 1-12

Term(s) Typically Offered: Offered Fall, Spring, & Summer

Students with a semester level of Freshman 1, Freshman 2 or Sophomore 1 may not enroll.

ECON 490 -  Independent Study  

In-depth reading and/or research in an area of particular interest to the student, with the guidance of a faculty member. Prerequisites: 12 hours of major courses, application, and permission of the instructor, departmental chairperson, and dean of the college where the study will be conducted. Independent Study courses give students the opportunity to pursue research and/or studies that are not part of the university's traditional course offerings.  Students work one on one or in small groups with faculty guidance and are typically required to submit a final paper or project as determined by the supervising professor.

Credits: 1-3

Term(s) Typically Offered: Offered as Needed

Students with a semester level of Freshman 1, Freshman 2 or Sophomore 1 may not enroll.

ECON 495 -  Workshop  

A workshop is a program which is usually of short duration, narrow in scope, often non-traditional in content and format, and on a timely topic.

Credits: 1-6

Term(s) Typically Offered: Offered as Needed

Students with a semester level of Freshman 1, Freshman 2 or Sophomore 1 may not enroll.

ECON 498 -  Selected Topics  

A Selected Topics course is a normal, departmental offering which is directly related to the discipline, but because of its specialized nature, may not be able to be offered on a yearly basis by the department.

Credits: 1-3

Term(s) Typically Offered: Offered as Needed

Students with a semester level of Freshman 1, Freshman 2 or Sophomore 1 may not enroll.