Courses
New for Spring 2010
Econ 491 – Individual Study in Economics
The Men’s tennis coach would like to have an analysis of the economic impact of several tennis events hosted by the University. This project is to conduct an economic impact analysis of a tennis event hosted at Mary Washington with information provided by Coach Helbling. Your independent research work will be supervisedby Dr. Ray. For more information or if you are interested in this independent study opportunity, contact MRAY@UMW.edu.
Brief description of some of the events:
We host tournaments with over 250 players and coaches and another 250 spectators over a 3 day period (ITA Regional).
We host the NCAA National Championships with 150-200 participants and another 100 spectators here for a period of 7 days (NCAA National Championships).
We host numerous other tournaments with 60-150 people here for a weekend.
ECON 100 - Economics of Social Issues (3)
Prerequisites: None
This course is a non-technical introduction to economics. The purpose
of the course is to demonstrate how economics can be used to understand
a wide range of social issues and problems.
ECON 201 - Principles of Macroeconomics (3)
Prerequisites: None
The economic problem, economic systems, and an instruction to the theory
of national income determination.
ECON 202 - Principles of Microeconomics (3)
Prerequisite: ECON 201.
Economic analysis of households, firms and the public sector. Contemporary
problems involving markets.
ECON 300 - Intro to Economic Analysis (3)
Prerequisites: ECON 201 and ECON 202.
This course is a one semester introduction to the tools of economic
analysis. Students will be introduced to economic research methods,
including how to use computer skills in economic analysis, how to use
mathematical methods in economic analysis, how to do a literature search
in economics, how to find and collect economic data, how to use statistical
analysis to test economic hypotheses, how to write a research paper
in economics, and how to present the paper orally.
ECON 301 - Mathematical Economics (3)
Prerequisites: ECON 201 and ECON 202.
Use of mathematical methods in economic analysis. Topics will include
equilibrium analysis, comparative statics, and optimization.
ECON 303 - Microeconomics (3)
Prerequisites: ECON 201 and ECON 202.
Systematic study of the role of the price system in organizing economic
activity and an evaluation of its effectiveness.
ECON 304 - Macroeconomics (3)
Prerequisites: ECON 201 and ECON 202.
Analysis of the determinants of national income, employment and the
price level. Stabilization and growth policies.
ECON 311 - Industrial Economics (3)
Prerequisites: ECON 201 and ECON 202.
Case studies analyses of different types of structural organization,
behavior, and performance of industry. International comparisons will
be emphasized.
ECON 312 - Government and Business (3)
Prerequisites: ECON 201 and ECON 202.
The rationale for and impact of government participation in the marketplace.
Topics include antitrust laws and policies and regulation.
ECON 321 - Money and Banking (3)
Prerequisites: ECON 201 and ECON 202.
The nature and functions of money, banking organization and practices,
and the role of the monetary sector in the determination of income,
employment and prices.
ECON 322 - Investment Analysis (3)
Prerequisites: ECON 201 and ECON 202.
Introduction to portfolio theory and the evaluation of investment alternatives.
Topics include the stock market and the valuation of securities.
ECON 331 - Environmental and Resource Economics (3)
Prerequisites: ECON 201 and ECON 202.
The application of economic methods to the analysis of environmental
and natural resource issues. Public policy issues will also be considered.
ECON 341 - Public Finance (3)
Prerequisites: ECON 201 and ECON 202.
An economic analysis of political decision-making, and the impact of
government spending and taxation on the allocation of resources and
distribution of income.
ECON 351 - Poverty, Affluence and Equality (3)
Prerequisites: ECON 201 and ECON 202.
Economic analysis of living standards, the distributions of income and
wealth, discrimination on the basis of race, sex, ethnicity, age, and
physical disabilities, and relevant public policy issues.
ECON 353 - Economics of Labor Unions (3)
Prerequisites: ECON 201 and ECON 202.
Economic analysis of the structure, behavior and impact of unions. Historical
behavior and impact of unions. Historical and comparative analysis of
selected foreign labor movements as they relate to contemporary domestic
policy issues.
ECON 354 - Urban Economics (3)
Prerequisites: ECON 201 and ECON 202.
An economic analysis of contemporary urban topics including location
theory and the economic structure of cities, growth and development
of central cities and ghettos, housing, transportation, poverty, crime,
and fiscal issues.
ECON 361 - Introductory Econometrics (3)
Prerequisites: ECON 201 and ECON 202.
An introduction to the statistical methods used in economics.
ECON 374 - History of Economic Thought (3)
Prerequisites: ECON 201 and ECON 202.
A survey of economic analysis from antiquity to the 20th century. Focus
on the 18th and 19th centuries.
ECON 375 - American Economic History (3)
Prerequisites: ECON 201 and ECON 202.
The study of factors contributing to the economic development of the
United States, including the historical growth of economic institutions
such as agriculture, banking, labor unions, and manufacturing.
ECON 382 - International Economics (3)
Prerequisites: ECON 201 and ECON 202.
An introduction to international trade, the balance of payments, exchange
rate determination, and related issues of international economic policy.
ECON 383 - Comparative Economic Systems (3)
Prerequisites: ECON 201 and ECON 202.
Comparison of the institutions that govern the production and distribution
of goods and services in different countries. Emphasizes the evolution
of these institutions over time and their influence on economic performance.
ECON 384 - Economic Development (3)
Prerequisites: ECON 201 and ECON 202.
An introduction to the economic characteristics and current problems
of developing countries, theories of economic development and alternative
policies and reforms required for third world countries.
ECON 405 - Contemporary Economic Issues (3)
Prerequisites: ECON 201, ECON 202, ECON 303 and ECON 304.
Discussion of contemporary issues in economic theory and policy.
ECON 431 - Global Environmental Issues (3)
Prerequisites: ECON 201 and ECON 202
This course applies economic analysis and methods to contempoarary global
environmental issues. Emphasis is placed on developing and evaluating
alternative policies using economic theory and methods. topics might
include: global warming, acid rain, ozone depletion, population control,
sustainable economic development and rainforest depletion.
ECON 462 - Economic Forecasting (3)
Prerequisites: ECON 201, ECON 202, ECON 361.
Specification, estimation, evaluation and simulation of forecasting
models. Survey of econometric, time-series, and leading indicator techniques.
ECON 482 - International Finance (3)
Prerequisite: ECON 201, ECON 202, ECON 382.
Survey of the major topics in contemporary international finance: exchange
rate determination, balance of payments adjustment, Eurocurrency markets
and international banking, currency speculation, international borrowing
and lending, and the international debt crisis.
ECON 491 - Individual Study in Economics (3)
Prerequisites: ECON 201 and ECON 202.
Directed individual research on an approved topic in economics.
ECON 498 - Economics Seminar (3)
Prerequisites: ECON 201 and ECON 202.
Special topics of interest to faculty and students.
ECON 499 - Internship (Credits variable)
Prerequisites: ECON 201 and ECON 202.
Supervised off-campus experience, developed in consultation with the
department.
Up to six hours may count in the major.