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ECO 120 - Macroeconomics
(BUS 120 )
National economic policy; inflation and unemployment in the business cycle; output and income determination; government expenditures and receipts; fiscal policy and monetary policy; Federal Reserve System and the banking system; variations in stabilization policy; the impact of capital-labor relations.
This course is applicable to the liberal arts requirements of the curriculum.
3 credits.
Fall and Spring
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ECO 127 - Comparative Economic Systems
Study of the philosophic and ideological basis of economic systems, how they solve various economic problems, and the current state of these systems. Attention will be focused on the variations in modern economic systems: capitalist, state capitalist, market socialist, socialist, and traditional. Individual countries will be used as case studies for analysis of these various economic systems.
1 semester 3 credits.
Spring
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ECO 161 - International Economic Problems
BUS 161
Survey of current problems covering international trade, international finance, the relations between technologically advanced and less-developed nations, and various international institutions. Focus on current issues of international economic policy.
3 credits
Fall
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ECO 221 - Labor Economics
(BUS 221 )
A study of the political economy of labor market demand and supply, the labor process and the philosophic foundations of various theories of labor. The course surveys the historical and current problems of labor organization and unions as well as the impact of race, gender and class on labor and income distribution.
Prerequisite: ECO 120
3 credits
Fall
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ECO 222 - Statistics
(BUS 222 )
Collection and tabulation of statistical data. Simple correlation and regression analysis. Probability. Random variables. Normal distribution. Sampling and sampling distributions. Statistical inference. Use of Microsoft Excel, a spreadsheet program, integrated into the course.
Prerequisite: MAT 113 or MAT 200
This course is applicable to the liberal arts requirements of the curriculum.
3 credits
Fall - SJC Brooklyn. Fall and Spring - SJC Long Island
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ECO 223 - Money and Banking
(BUS 223 )
The roles of money and credit, financial markets and institutions, and central banking in the U.S. economy. The banking system and its relationship with the Federal Reserve System, as well as international banking issues and problems, will also be analyzed and explored.
Prerequisite: ECO 120
3 credits
Spring
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ECO 226 - Microeconomics
(BUS 226 )
Marginal analysis of demand and supply, the individual firm, and market microstructure. Consumer behavior and producer behavior. Alternative models of price determination and profit maximation. The relation between input and output markets.
Prerequisite: ECO 120
This course is applicable to the liberal arts requirements of the curriculum.
3 credits
Fall and Spring
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ECO 240 - Health Economics
The course provides an introduction to key concepts in health economics theory, and an overview of the variety of approaches different countries have taken to the delivery and financing of health care. It emphasizes the role economic theory plays in debates over health policy, including debates over the appropriate role of markets, patient cost sharing, physician and hospital payment reforms, and the Affordable Care Act.
3 credits.
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ECO 278 - Economic Geography
BUS 278
Geographic distribution of the economic activities of production, distribution, and exchange of goods and services. Particular attention is given to the location of economic activity as a function of unequal factor endowment.
1 semester 3 credits.
Fall and Spring
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ECO 295 - Internship in Economics
This course will provide students with an opportunity to intern in various areas related to economics. These areas include, but are not limited to, working in businesses or government agencies on subject matter requiring economic analysis; interning with social service agencies, non-profit organizations, think tanks, or advocacy groups; and other similar experience.
1 semester 3 credits.
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ECO 328 - History of Economic Thought
A survey of the development of economic theory; issues and problems of the classical economists; Marx’s critique of classical political economy; the roots of contemporary schools of thought. Selected primary readings are integrated into the course. Emphasis will be placed upon analysis of the relationship between value and price.
Prerequisite: ECO 120
1 semester 3 credits.
Fall
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ECO 350 - Applied Statistics
SOC 350
An examination of statistical principles and techniques in the analysis of social science data. Application of computer software packages for statistical analysis will be emphasized.
SOC 212 , ECO 222 or permission of the department.
1 semester 3 credits.
Fall
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ECO 359 - Independent Study in Economics
An opportunity for students to do advanced work in a specialized area in Economics. Students will work with an Economics faculty member in studying and analyzing economic issues and topics of interest. Open to juniors and seniors with departmental approval.
Prerequisites: ECO 120 and ECO 226
3 credits
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ECO 370 - Special Topics in Economics
This course will include economic issues, developments or problems not covered in depth in the regular course offerings. It will enable students to take advantage of faculty expertise in diverse areas which are of interest to both faculty and students. With departmental approval
3 credits
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ECO 400 - Seminar in Economics
Seminar student selects jointly with instructor an economic topic to be researched; findings are reported in a formal paper; weekly meetings with instructor.
Prerequisites: at least 12 credits in the social sciences, and approval of the department.
3 credits
Spring
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