Economics Courses

Course Offerings and Descriptions

View the Comprehensive Catalog at lamar.edu/catalog

Economics (ECON)

Course Number: 1301
Credit Hours: 3
Title: Principles and Policies

Course Description:
Comprehensive introduction to economic principles and problems for non-business students. Resource utilization; price determination; distribution of income; fiscal and monetary problems; economic growth.

Course Number: 2301
Credit Hours: 3
Title: Principles of Economics I Macro

Course Description:
Emphasizes monetary theory; national income analysis; fluctuation and growth; public finance; international trade; and current economic problems.

Course Number: 2302
Credit Hours: 3
Title: Principles of Economics II Micro

Course Description:
Introduction to economic principles; allocation of resources; determination of output and prices; distribution; and managerial economics.

Course Number: 3310
Credit Hours: 3
Title: Economics of Entrepreneurship

Course Description:
Comprehensive analysis and practice exercises in entrepreneurship. Studies include demand analysis; pragmatic economic feasibility studies; identification and use of resources; function and use of profits.

Course Number: 3340
Credit Hours: 3
Title: Macro Economics

Course Description:
A descriptive-analytical approach to the dynamic forces that influence the aggregate level of economic activity. Income and employment determinants; levels of income and employment, stabilization theory; investment and income relationship; monetary and fiscal policies.

Course Number: 3350
Credit Hours: 3
Title: International Trade

Course Description:
Theories, practices and problems involved in international commerce between nations. Bases of trade; tariffs; exchange controls; international monetary policies; current problems.

Course Number: 3390
Credit Hours: 3
Title: Managerial Economics

Course Description:
The application of the techniques of economic analysis to managerial problems of business enterprises utilizing a problem solving or case study approach. Goals of the firm; business forecasting; demand analyses; cost analysis; game theory; pricing policies; governmental relations.

Course Number: 4311
Credit Hours: 3
Title: Problems in Economics

Course Description:
Investigation into special areas in economics under the direction of a faculty member. This course may be repeated for credit when topics of investigation differ. Not intended for students with grade point deficiencies.

Course Number: 4370
Credit Hours: 3
Title: Economics Analysis

Course Description:
This course introduces students to econometric methods used in business analytics with a focus on real-world applications and datasets. they will learn how to plan for the data they want and then to extract the relevant information they are looking for. They will set up the data in a way that will make sense to the students. From this information the student can draw economic inferences from their regression reports which will be of value to their current and future employers. the student will then learn how to then calculate various elasticities which will also be of value to current an future employers.