Economics

Graduate Programs

Description

Economics provides students with the basic analytical tools to understand how markets and economies work. It also provides students with the basic tools to analyze data for decision-making purposes. Students learn critical thinking and problem-solving skills suited for a wide variety of careers. Economics is an excellent major for students contemplating careers in business, government, and non-profits. It is also an excellent major for students preparing for graduate education in law school, MBA programs, and Economics.

Policies & Faculty

Policies

Contact Information

112 Armstrong Hall

(507) 389-2969
http://sbs.mnsu.edu/economics/

Faculty

Chair
  • Phillip Miller, PhD
Faculty

500 Level

Credits: 3

Employment, wages, and economic security. The structure and impact of labor organizations and labor legislation. Prerequisite: ECON 201 and 202

Prerequisites: none

Credits: 3

A detailed examination of the Federal Reserve System and monetary policy. The topics will include a history of the Federal Reserve and its monetary tools and strategies: Monetarism, the demand for money, the money supply process, and the impact of financial deregulation on federal policy.

Prerequisites: none

Credits: 3

Emphasis on philosophy, structure, process of negotiation, grievances, arbitration, important developments and trends, and economic impact of collective bargaining.

Prerequisites: none

Credits: 3

Economics forces which account for the development of cities and application of principles to some of the major problems of the modern urban community.

Prerequisites: none

Credits: 3

Concepts and techniques for evaluating the alternative uses, management and development of natural resources.

Prerequisites: none

Credits: 3

This course examines the economics of professional and collegiate sports and sports institutions. Students examine the market for sports competitions, the labor market for player talent, and the role government plays in the business of sports.

Prerequisites: none

Credits: 3

The economic rationale for interregional trade: emphasis on current problems.

Prerequisites: none

Credits: 3

Fundamental ideas and structure of economics with emphasis on the application of such ideas in the K-12 school curriculum.

Prerequisites: none

Credits: 3

Public expenditures, taxes and other revenues, debts and financial administration at federal, state, and local levels.

Prerequisites: none

Credits: 3

Economic underdevelopment and the relationships between mature economies and developing nations.

Prerequisites: none

Credits: 3

The study of methods and techniques for building econometric models with the goal of forecasting and measurement of the economic relationships by integrating economic theory and statistics in it.

Prerequisites: none

Credits: 3

This course is designed to cover basic tools in time series analysis and to equip students with quantitative skills to analyze the financial market. Pre-req: ECON 207 or with permission by the instructor.

Prerequisites: none

Credits: 1-3

Prerequisite: ECON 201 and 202

Prerequisites: none

600 Level

Credits: 3

To develop and integrate principles and ideas from economics and business and to apply them to management-making decisions and policy formulation within the firm.

Prerequisites: none

Credits: 3

Application of macroeconomics models to analyze current consumer investment and foreign trade behavior. Emphasis on effects of government policy upon interest rates, taxes, foreign trade, the distribution of income and wealth, and the impact of a changing population.

Prerequisites: none

Credits: 3

A comprehensive course in research design in business and in the application of statistical methods in business decision making. Data files handling and data analysis using mainframe and PC based computer packages such as SPSS will be integrated and emphasized throughout the course.

Prerequisites: none

Credits: 3

This course provides the student with an understanding of microeconomic theory. Among the topics covered are optimization, consumer theory, the theory of production and the firm, perfect and imperfect competition, monopoly, factor markets, economic efficiency and market failure, social choice theory, and social welfare.

Prerequisites: none

Credits: 3

This course provides the student with an understanding of macroeconomic theory. Among the topics covered are goals and measurement, business cycles, aggregate demand and supply, Classical and Keynesian analyses, and stabilization theory and policy.

Prerequisites: none

Credits: 1-3

Prerequisites: none

Credits: 1

Designed for students engaged in meeting the thesis/alternate plan paper requirement for the MBA degree. Each student will select, outline, research, and present a proposal on the paper/thesis they will write. Advisor's permission and a submitted plan of study are required for enrollment.

Prerequisites: none

Credits: 1-3

Prerequisite: ECON 201 and 202

Prerequisites: none

Credits: 2

This course provides the student with an understanding of the application of economic analysis to the evaluation of private projects and public programs. Among the topics covered are the theory and practice of cost-benefit analysis, the evaluation of private projects and public programs, shadow prices, economic and environmental impact studies, and regulatory issues.

Prerequisites: none

Credits: 1-3

Variable

Prerequisites: none

Credits: 1

Prerequisites: none

Credits: 1-5

Prerequisites: none

Credits: 3

Prerequisites: none