Texas Tech University

List of Undergraduate Courses

ECO 2301 - Principles of Economics I

3 Semester Credit Hours

TCCNS: [ECON2302] Emphasis on theories of the firm, value and price determination, and functional distribution, with the application of these theories to the problems of particular firms, industries, and markets. Fulfills core Social and Behavioral Sciences requirement.

ECO 2302 - Principles of Economics II

3 Semester Credit Hours

TCCNS: [ECON2301] An introduction to modern economic society and theories of production and exchange. Emphasis upon monetary and fiscal policy and macroeconomics. Fulfills core Social and Behavioral Sciences requirement.

ECO 2305 - Principles of Economics

3 Semester Credit Hours

An abridged course for students not majoring in economics. Covers the most significant portions of ECO 2301 and ECO 2302, with emphasis upon monetary and fiscal policy. Credit will not be given for both ECO 2305 and ECO 2302. Fulfills core Social and Behavioral Sciences requirement.

ECO 3305 - Game Theory

3 Semester Credit Hours

Prerequisites: C- or better in ECO 3311 and ECO 3312. Analysis of strategic interaction. Strategies of rational choice will be derived and analyzed in economics and other environments. (CL)

ECO 3311 - Intermediate Macroeconomics

3 Semester Credit Hours

Prerequisite: C- or better in ECO 2302. Analysis of the determinants of aggregate demand and supply with special emphasis on macroeconomic problems such as unemployment and inflation and on techniques used to forecast macroeconomic variables.

ECO 3312 - Intermediate Economic Theory

3 Semester Credit Hours

Prerequisite: C- or better in ECO 2301. Intermediate price theory and introduction to welfare theory. Includes theory of demand, theory of the firm, and welfare theory. (CL)

ECO 3320 - Managerial Economics

3 Semester Credit Hours

Prerequisite: C- or better in ECO 3311 and ECO 3312. The application of economic theory to problems of business enterprise.

ECO 3323 - Principles of Money, Banking, and Credit

3 Semester Credit Hours

Prerequisites: C- or better in ECO 3311 and ECO 3312. A basic course which deals with the commercial banking system, the Federal Reserve System, and other matters associated with money, prices, and credit control.

ECO 3324 - Taxation and Public Expenditure

3 Semester Credit Hours

Prerequisites: C- or better in ECO 3311 and ECO 3312. Explores the justification for and effects of the entrance of government into the U.S. marketplace.

ECO 3325 - Special Topics in Applied Economics

3 Semester Credit Hours

Prerequisites: C- or better in ECO 3311 and ECO 3312 or consent of instructor. Analysis of selected economic issues, theories, and policies in microeconomics or macroeconomics. May be repeated once for credit when topics vary.

ECO 3326 - Industrial Organization and Competitive Strategy

3 Semester Credit Hours

Prerequisite: C- or better in ECO 3311 and ECO 3312. Analyzes strategic behavior firms in imperfectly competitive markets. Includes price discrimination, price fixing, price wars, oligopoly, entry deterrence, mergers, and vertical restraint.

ECO 3327 - Antitrust Law and Economic Regulation

3 Semester Credit Hours

Prerequisites: C- or better in ECO 3311 and ECO 3312. Competition strategy and legal limits on what firms can and cannot do when competing. In-depth review of antitrust laws and full-blown economic regulation.

ECO 3333 - International Economics

3 Semester Credit Hours

Prerequisites: C- or better in ECO 3311 and ECO 3312 or consent of instructor. Principles of international trade, balance of payments, trade policies, and agreements. (CL)

ECO 3336 - Environmental Economics

3 Semester Credit Hours

Prerequisites: C- or better in ECO 3311 and ECO 3312 or consent of instructor. Applies economic models to current local and global environmental issues with an emphasis on evaluating policies.

ECO 3350 - Behavioral and Experimental Economics

3 Semester Credit Hours

Prerequisite: C- or better in ECO 3311 and ECO 3312. Shows developments in the testing of economic theory through experiments with a strong emphasis on behavioral models/phenomena in explaining economic decision-making.

ECO 3356 - Energy Economics

3 Semester Credit Hours

Prerequisites: C- or better in ECO 3311 and ECO 3312 or consent of instructor. Application of economic models to current local and global energy markets with an emphasis on evaluating policies.

ECO 4300 - Economic Research

3 Semester Credit Hours

Prerequisite: C or better in ECO 3311 and ECO 3312 and consent of instructor and the director of undergraduate studies or the department chairperson. Directed undergraduate student research in selected areas under the supervision of selected departmental faculty.

ECO 4305 - Introduction to Econometrics

3 Semester Credit Hours

Prerequisite: C- or better in ECO 3311 and ECO 3312. Application of linear regression analysis including simple statistics, probability, distributions, hypothesis testing, and linear regression. (CL)

ECO 4306 - Economic and Business Forecasting

3 Semester Credit Hours

Prerequisite: C- or better in ECO 3311 and ECO 3312. Introduction to forecasting methods based on ARMA, VAR, VEC, GARCH models, applications to time series data in macroeconomics, business, and finance.

ECO 4314 - Development of Economic Doctrines

3 Semester Credit Hours

Prerequisites: C- or better in ECO 3311 and ECO 3312. The basis, nature, and effects of economic doctrines from ancient times through the 19th century. (CL)

ECO 4322 - The Economics of Labor Markets

3 Semester Credit Hours

Prerequisite: C- or better in ECO 3311 and ECO 3312. Labor as a factor of production, labor market participation and hours worked, compensating wage differentials, human capital investment, income inequality, migration, and discrimination.

ECO 4323 - Monetary Theory

3 Semester Credit Hours

Prerequisite: C- or better in ECO 3311 and ECO 3312. Analysis of money supply, money demand, interest rates, income and price level determination, and transmission mechanisms. Emphases include monetary policies in an open economy context.

ECO 4331 - Economics of Multinational Enterprise

3 Semester Credit Hours

Prerequisite: C- or better in ECO 3311 and ECO 3312. Examination of the economics of international enterprise and associations with the major dimensions of the international economy and international political economy.

ECO 4332 - International Finance

3 Semester Credit Hours

Prerequisite: C- or better in ECO 3311 and ECO 3312. Analysis of international monetary system theory, policy, and institutions. Includes attention to foreign exchange markets and roles of international banking and international managerial finance. (CL)

red