Economics

The Department of Economics confers the Bachelor of Arts degree in Economics. The undergraduate economics curriculum prepares students for graduate studies as well as employment in government or private industry. Economics majors pursue studies designed to acquaint them with the theoretical foundations of modern economic analysis, analytical tools, and applications to contemporary issues.
REQUIRED COURSES
Subject  CECO 107, 3 credits 
Title  Introduction to Economics. 
Description A one-semester survey course designed to introduce students to the fundamental principles and concepts of economics. Topics covered include demand and supply analysis, the function of the markets in the allocation of resources, measuring economic activities in the private as well as in the public sectors, problems such as unemployment, inflation, income distribution and poverty, and domestic and international financial institutions and the working of global market systems.
Offered 
Subject  CECO 250, 3 credits 
Title  Principles of Economics.     
Description A one-semester introductory course in economics for students in departments which require only one semester of economics. The course focuses on both macro- and micro economic issues that impact the decision making within the U.S. economy. Special attention is given to issues that affect the lives of African-­Americans.
Offered 
Subject  CECO 251 & 252, 3 credits 
Title  Principles of Macro- and Microeconomics.
Description A one-year comprehensive study of the principles which govern production, consumption, and distribution as well as the major institutions in the United States economic system. CECO 251 addresses macro-analysis and CECO 252 addresses micro-analysis. Prerequisites, A grade of "C" or better in CMAT 103 and 104 (or exemption from these courses).
Offered 
Subject  CECO 250, 251 and 252, 3 credits 
Title   Economics Laboratory
Description  Lab courses to be taken along with CECO 250, 251, and 252 respectively:
Offered 
Subject  CECO 302, 3 credits 
Title  Government and Business.   
Description The nature and development of government control and regulation of enterprises. This course examines antitrust laws and their interpretation and enforcement, selected Supreme Court antitrust decisions, and current problems of government relations in various industries (offered within the Atlanta University Center).
Offered 
Subject  CECO 304, 3 credits
Title  Contemporary Economic Issues. 
Description A colloquium designed for Honors Program students (non-economics maj6rs). It focuses on major issues affecting the American political economy, particularly those having special significance for the economic well-being of black and other Third World peoples.
Offered 
Subject  CECO 308, 3 credits
Title   Mathematical Economics.  
Description Applications to elementary mathematics to economics. This course includes studies in calculus, matrices, and linear difference equations. Mathematical problems used in this course come from the field of economics (offered within the Atlanta University Center). Prerequisites, A grade of "C" or better in CMAT 111 and CMAT 112.
Offered 
Subject  CECO 309, 3 credits
Title  Introduction to Econometrics.          
Description The use of mathematical and statistical models in the study of economics relationships. Methods introduced include single equation least squares, analysis of variance, and multi-equation models (offered within the Atlanta University Center). Prerequisites, A grade of "C" or better in CBUS 313 and CBUS 314.
Offered 
Subject  CECO 315, 3 credits 
Title  Intermediate Macroeconomic Analysis. 
Description General theories of aggregate economic analysis. Traces the development and refinement of selected theories through the classical, Marxism, neoclassical, and Keynesian schools. It enables students to analyze unemployment, inflation, business cycles, and other national economic occurrences. Prerequisite, A grade of "C" or better in CECO 251.
Offered 
Subject  CECO 316, 3 credits 
Title   Intermediate Microeconomic Analysis. 
Description The theory of the firm, the household, and the market with applications to individual decision-making units. Prerequisite, A grade of "C" or better in CECO 252.
Offered 
Subject  CECO 324, 3 credits 
Title  Economic Development.  
Description A study of the characteristics and problems of developed and developing economies. Covers the theory of economic development, stages of growth and development, and data analysis to evaluate development performance. Prerequisites, A grade of "C" or better in CECO 251 and CECO 252.
Offered 
Subject  CECO 325, 3 credits 
Title   Comparative Economic Systems.       
Description A study of the economic models of comparative systems. The course includes an analysis of the effectiveness of performance of alternative economic systems in terms of growth patterns and fidelity to ideology. Prerequisites, A grade of "C" or better in CECO 251 and CECO 252.
Offered 
Subject  CECO 335, 3 credits 
Title  International Trade.
Description Application of microeconomic policy to commercial relations between nations. Among the topics covered are the theory of comparative advantage and alternative commercial policies. Prerequisites, A grade of "C" or better in CECO 251 and CECO 252.
Offered 
Subject  CECO 343, 3 credits 
Title  Public Finance.         
Description General survey of government finance at the federal, state, and local levels. Topics include government expenditures, principles of taxation, intergovern­mental fiscal relations, debt management, public borrowing, and fiscal policies for economic stabilization (offered within the Atlanta University Center). Prerequisites, CECO 315 and CECO 316.
Offered 
Subject  CECO 357,  3 credits 
Title  Economic History of the United States.
Description Economic perspective of regions and historical periods in the United States. Topics include agricultural and industrial life in the colonies, the economic effect of slavery, post-Civil War agrarian revolution, development of manufacturing and transportation, westward movement, business concentration, the Depression, the World Wars, and the recent trends (offered within the Atlanta University Center).
Offered 
Subject  CECO 362, 3 credits 
Title  Money and Banking.
Description Examines the alternative theories of money. Explores the relationship of money to prices, the role of financial intermediaries, international monetary problems, and the history of monetary policy in the United States. Prerequisites, A grade of "e" or better in CECO 251 and CECO 252.
Offered 
Subject  CECO 365,  3 credits 
Title   Economics of Labor.    
Description Consideration of labor as an economic factor. Covers wages, labor force participation, employment and unemployment, the growth of labor organizations, labor market discrimination and public policies. Prerequisites, A grade of "C" or better in CECO 251 and CECO 252.
Offered 
Subject  CECO 369, 3 credits 
Title  Urban Economics.              
Description Examination of three principal themes in the economics of urban areas, (1) the economics of the location decisions and the influence of these decisions on urban growth and the real estate market; (2) evaluation of transportation and other services; and (3) economic development of ghetto neighborhoods. Prerequisite, CECO 252.
Offered 
Subject  CECO 372, 3 credits 
Title   History of Economic Doctrines.   
Description Survey of economic thought from ancient times to the present (offered 'within the Atlanta University Center).
Offered 
Subject  CECO 470, 3 credits 
Title  Research Methodology/Senior Thesis.     
Description Designed to explain the methods of conducting social science research, including defining the problem to be studied, establishing hypotheses, and utilizing techniques of empirical analysis. All economics majors are required to write a Senior Thesis on an approved topic. Prerequisite, approval of the undergraduate coordinator' and/or department chairperson.
Offered 
Subject  CECO 490, 3 credits 
Title   Independent Study.       
Description Projects designed by the student and a faculty member, who agrees to work with the student, to meet specific and individual needs. May involve direct reading in specific subject area, a research project, teaching economics in high school or a. combination of any two. May be repeated for additional credits. Prerequisite, Approval of the Undergraduate coordinator and/or department chairperson.
Offered 
Subject  CECO 495, 3 credits
Title  Cooperative Education. 
Description Intensive practical experience in a profit or nonprofit public or private organization. Students are expected to acquire knowledge, understanding, and the skills pertinent to the select organization. Prerequisite, Approval of the undergraduate coor­dinator and/or department chairperson.
Offered