Thomas More College
Home > Economics > Course Listings

Course Listings

ECO105 Principles of Economics (3)
Students will understand how economics can provide a framework for solving social problems through market forces and a role for government. The microeconomics portion of this course deals with consumers and businesses as they interact with markets, and the interrelationships between various markets. The macroeconomics portion of this course focuses on the factors that influence the fluctuations in economic activity and what can be done about them, given our responsibility to others. This course fulfills a core requirement in social science for all majors except Business Administration and Sports and Entertainment Marketing.

ECO205 Money & Banking (3)
Prerequisite: ECO 105. A survey of the money and banking system and its workings, the theory and history of money, credit, and commercial banking, international financial relationships and the Federal Reserve.

ECO206 Contemporary Economic Problems (3)
Prerequisite: ECO 105. Students will analyze current economic problems such as inflation, unemployment, overpopulation, resource depletion, and environmental issues, using the economic growth issue as the framework for discussion.

ECO215 Microeconomic Theory (3)
Prerequisite: ECO 105. An advanced course offering an analysis of price determination and market structures including consideration of supply, demand, costs, production functions, and general equilibrium.

ECO216 Macroeconomic Theory (3)
Prerequisite: ECO 105. An advanced course examining national income determination, including a consideration of the classical, neo classical, Keynesian, and neo Keynesian theories and their application to the problems of unemployment, growth, and the business cycle.

ECO217 Introductory Microeconomics for Health Care Professionals (3)
An introduction to microeconomic concepts like opportunity cost, supply and demand, marginal analysis, perfect and imperfect competition, and market failure.

ECO218 Personal Finance (3)
Prerequisite: ECO 105. Students will explore the many financial decisions that the average individual and family must make, such as credit and borrowing, insurance, taxes, and purchasing.

ECO238 International Economics and Finance (3)
Prerequisite: ECO 105. A course examining the economics of foreign trade, including real and monetary aspects, balance of payments, gold flows, exchange rates, free trade, and protectionism.

ECO239 Economic Growth and Development (3)
Prerequisite: ECO 105. An inquiry into the history and analysis of the concepts of economic growth and development as applied to various types of economic systems.

ECO255 Special Topics (3)
A special topics course that will cover a specific area of economics.

ECO260 Environmental Economics (3)
Prerequisite: ECO 105. An application of economic theory to help study environmental issues. The broad topics discussed include externalities, public goods and social cost/benefit analysis. Microeconomic tools will be used to evaluate environmental policy as well as the management of natural resources and issues of sustainable development.

ECO305 Game Theory and Business Strategy (3)
An introduction to non-cooperative game theory with applications to firm strategy and bargaining models. Game theory is a powerful tool for understanding strategic interactions between firms, interest groups, political parties, nations, and species.

ECO306 Comparative Economic Systems (3)
Prerequisite: ECO 105. A comparative study of the different types of economic systems. Attention is given to economic theory and recent trends in the transformation and change occurring in these economic systems.

ECO310 Law and Economics (3)
Prerequisite: ECO 105. Introduction to the economic analysis of the law. Economic analysis will be used to shed light on property, tort, and contract law. Cross-listed as PLS 310.

ECO315 Advanced Microeconomic Theory (3)
Prerequisite: ECO 215; MAT 143. This course will revisit material from Microeconomic Theory and cover other advanced topics like asymmetric information and contract theory using calculus as the key analytical tool.

ECO325 Investment Analysis (3)
An examination of the principles and practices of investing in stocks and bonds, with emphasis on the analysis of corporate financial statements to arrive at investment decisions. A background is also provided on banking institutions, investment companies and brokerage operations. Cross-listed as BUA 325.

ECO349 World Economic History (3)
A global survey of the evolution of economic systems from World War I to the present. Cross-listed as HIS 349.

ECO355 Special Topics (3)
Special topics courses are offered periodically and investigate topics in Economics that are not included in the established curriculum.

ECO405 Student Project (1-3)
Course requirement: Sophomore, Junior or Senior standing in any department and some preparation in Economics. A student project is a supervised, independent endeavor in any area of economics chosen by the student with departmental approval. May be taken more than once.

ECO455 Special Topics (3)
Special topics courses are offered periodically and investigate topics in Economics that are not included in the established curriculum.

ECO481 Senior Research (3)
Course requirement: Senior standing. Students will research and prepare their senior thesis.