Department of Economics

E. Kent Vernon, Department Chair
Fenton Broadhead, Kirk Gifford, Stephen McGary, H. Richard Moss

Economics: Students contemplating careers in business, government or teaching will find a broad based curriculum leading to an Associate Degree in Arts and Sciences--Economics, with either a social science or business emphasis. Majors are advised to counsel with a member of the department for assistance in choosing electives that would be most appropriate for their program.

Students interested in International Economics should see listing under the Business Management Department.

PROGRAM DESCRIPTIONS

Associate in Arts and Sciences with a major in Economics (100)

Recommended sequence of courses:

First Semester
Religion                             2
General Education                    6
Econ 111 Econ Prin                   3
Math 110 Coll Algebra                3
Elective                             3
Total Credits                       17

Second Semester
Religion                             2
General Education                    6
Econ 112 Econ Prin                   3
Math 111 Trigonometry                2
Elective                             3
Total Credits                       16

Third Semester
Religion                             2
General Education                    6
Math 112 Calculus I                  4
Electives                            3
Total Credits                       15

Fourth Semester
Religion                             2
General Education                    8
Math 221 Statistics                  3 
Elective                             3
Total Credits                       16

General Education Requirements

See pages 35-37 for a complete explanation of the General Education requirement. Either Econ 111 or 112 may be used to satisfy the Social Science requirement of the GE but not both.

Note: Students transferring to Idaho universities should take Comm 102 or 220 and Math 108 or higher.

COURSE DESCRIPTIONS

Econ 111* Economic Principlesand Problems-Macro (3:3:0)
An elementary course emphasizing the working of the economic system. Topics such as inflation, unemployment, money and banking, the business cycle, and macro economic theories are covered.

Econ 112* Economic Principles and Problems - Micro (3:3:0)
An elementary course emphasizing the functioning of the price system and its effect on the household, the business firm, and international trade. Economic fundamentals for business decision making are covered along with such contemporary issues as income distribution, economic growth, and international trade and finance.

Econ 290 Special Projects (1-3)
Prerequisite: Economics 111 & 112
Designed to allow students with the consent of the instructor, to do special work in subject matter not covered specifically in other classes.

Econ 300 Managerial Economics (3:3:0)
Prerequisites: Math 221 & Econ 111
This course is designed to enhance studentís understanding of how economics analysis can be applied to modern business decision making. Topics include demand estimation, forecasting, production, cost, market structure, input pricing, risk analysis, and regulation.

Econ 358 International Economics (3:3:0)
Prerequisites: Math 221, Econ 111
An introduction to the micro and macro sides of the international economy. It examines international institutions, policies, and issues. Main topic areas include the U.S. in a global economy, international economic theory, regionalism, economic integration, trade and the balance of payments, and foreign exchange markets and systems.

Econ 453 Money, Banking & Financial Markets (3:3:0)
Prerequisites: Math 221, Econ 111
An upper division course designed to give students an understanding of financial markets and the roles money and banking play in those markets. Students will develop the analytical tools to function in financial markets.


Complete General Education listing

Credit Hour Designations/Abbreviations (e.g., 3:3:3)


BYU-Idaho | Catalog