Plattsburgh State

ECO Courses

ECO101 - Principles of Economics (3 cr.)

Principles of macro and micro economics; analysis of policies concerned with employment and national income, including fiscal and monetary policies, international trade and finance, and economic growth and development. Micro topics include consumer behavior, the theory of the firm and resource allocation. Also covered: economic issues including pollution, poverty, productivity and minority and gender issues. (Fall - Spring - Summer). Liberal arts.

ECO110 - Introduction to Microeconomics (3 cr.)

Exposes the beginning student to introductory economic concepts directly related to the individual, the firm, and the resource owners. In an institutional context, students will study economic organization, supply and demand, utility, general price determination, cost analysis, types of competition, and the theory of production. Specific applications of factor pricing and other topics may also be covered. (Fall - Spring- Summer). Liberal arts. Prerequisite: high school mathematics 11 or one semester of a college mathematics course.

ECO111 - Introduction to Macroeconomics (3 cr.)

Overview of the market economy, national income measurement and determination, the banking system and the role of money, monetary and fiscal policy, unemployment and inflation, economic growth, international trade and comparative advantage. (Fall - Spring - Summer). Liberal arts.

ECO199 - Independent Study (1 to 15 cr.)

Project individually arranged by student and faculty sponsor. Requires completion of the Independent Study form and approval by the Faculty Sponsor, Academic Advisor, Department Chair and Academic Dean.

ECO201 - Intermediate Microeconomics (3 cr.)

Tools of modern price theory: consumer behavior, the firm, the factor market, the general equilibrium theory, and the welfare implications of a market system. (Fall). Liberal arts. Prerequisites: ECO101 or ECO110; MAT221 or MAT224 or HON144.

ECO202 - Intermediate Macroeconomics (3 cr.)

National income determination theory, classical, Keynesian and post-Keynesian developments; theories of inflation, investment and economic growth. (Spring - Fall). Liberal arts. Prerequisite: ECO101 or ECO111.

ECO260 - Economics Statistics I (3 cr.)

Introduction to descriptive statistics, probability, hypothesis testing, and graphical techniques applied to social, business, and economic data; also, discrete and continuous probability distributions--poisson, binomial, normal, chisquare, etc., sampling, and sampling distributions. Introduction to the use of spreadsheet (Excel) and statistical software (Minitab, SPSS, etc.) in preparation for their more extensive usage in ECO362. (Fall, Summer, Spring). Liberal arts.

ECO299 - Independent Study (1 to 15 cr.)

ECO303 - Environmental Economics (3 cr.)

Economic aspects of environmental issues: energy-environmental interactions, economic damages from residuals and optimizing criteria for use of the environment. (Spring). Liberal arts. Prerequisite: ECO101 or ECO110.

ECO321 - United States Economic History (3 cr.)

Variables that have affected the sectors of the economy and the overall economic growth and development of the U.S. from colonial times to the present. (Fall). Liberal arts. Prerequisite: ECO101 or ECO111.

ECO355 - The Canadian Economy (3 cr.)

Economic institutions of Canada, the economic growth and development of Canada and factors which may influence its future development. (Spring). Liberal arts. Prerequisite: ECO101 or ECO111 or junior standing.

ECO362 - Business Statistics II (3 cr.)

Review of continuous and discrete probability distributions, and descriptive statistics, including covariance and correlation. In-depth discussion of inferential statistics, including hypothesis testing and simple and multiple regression and economics. Also, multivariate model diagnostics, time-series, analysis, quality control, and non-parametric hypothesis testing. Extensive use of statistical and/or spreadsheet software. (Spring, Summer, Fall). Liberal arts. Prerequisite: ECO260.

ECO380 - Public Finance (3 cr.)

Fiscal theory and policy; effects of taxation, governmental expenditure programs and public debt operations. Public revenue and expenditure structure on resource organization, income distribution, employment, prices and economic growth. (Fall). Liberal arts. Prerequisite: ECO101 or ECO111.

ECO390 - Money and Banking (3 cr.)

Evolution of monetary institutions, including the Federal Reserve system, the commercial banking structure and financial intermediaries. Theoretical analysis involving creation of money and its effects on prices, interest rates and incomes. Additional analysis directed toward international finance. (Spring, Fall). Liberal arts. Prerequisite: ECO101 or ECO111.

ECO391 - International Trade and Finance (3 cr.)

Economic foundations of the international movement of goods and services, labor, investment funds, business enterprises and technology. Emphasis on global economic interdependence. Production specialization, gains from international trade, balance of payments, foreign exchange markets and international economic institutions and cooperation. (Spring). Liberal arts. Prerequisite: ECO101 or ECO111.

ECO392 - History of Economic Thought (3 cr.)

The evolution of economic theory, knowledge and vision with emphasis on the 18th century and after, especially the great economists from Adam Smith to present. (Fall). Liberal arts. Prerequisite: ECO101 or ECO110 or ECO111.

ECO399 - Independent Study (1 to 15 cr.)

ECO435 - Economic Issues (3 cr.)

Analysis and debate of current economic issues, such as supply-side economics, federal debt, comparable worth, the welfare system, third-world debt, free trade and protectionism, social responsibility of business, the future of capitalism, tax reform. (Fall). Liberal arts. Approved AWR. Prerequisite: ECO111.

ECO440 - National Income and Business Forecasting (3 cr.)

The use of national income accounts in forecasting aggregate demand variables. Construction and analysis of economic indicators, and development and understanding of macro and micro forecasting models for better planning and decision making at the industry and corporate levels. (Spring). Liberal arts. Prerequisites: ECO101 or ECO111; ECO260 or ECO362.

ECO443 - Selected Topics in Economics (3 cr.)

A course or seminar dealing with advanced economics topics of current interest. (Spring, Fall). Liberal arts. Prerequisites: ECO101 or ECO110; ECO111.

ECO452 - Economics of Development (3 cr.)

Theoretical examination of the process of economic development in economically depressed areas of both developed and developing countries. Comparative and case studies are used to identify problems, policies and prospects for economic growth. (Fall/Spring). Prerequisites: ECO101 or ECO111.

ECO470 - Introduction to Econometrics (3 cr.)

Application of statistical inference, probability and other theories to economic data, focusing on multiple regression analysis, time series and model building. (Fall). Liberal arts. Prerequisites: ECO110; ECO101 or ECO111; ECO260 or ECO362.

ECO490 - Senior Seminar for Economics and Finance (3 cr.)

Research seminar for graduating seniors in economics. Based on a topic of the student's choice, supervised research culminates in an original paper. (Spring, Fall). Liberal arts. Prerequisite: prior completion of all other requirements for the economics major or POI

ECO498 - Internship in Economics (1 to 6 cr.)

Advanced students may work in a professional setting in either a private business or government agency. Students will spend approximately ten hours weekly working on applied economic problems under the supervision of a faculty member and an on-site supervisor. (Fall, Summer, Spring). Prerequisite: 24 hours of economics and permission of the internship committee.

ECO499 - Independent Study (1 to 15 cr.)

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