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ACADEMIC PROGRAMS
Birmingham-Southern College Catalog 2015-2016
(at the 300 level or above) may count towards the economics major.
Specific guidelines concerning independent study projects appear in the
“Exploration Term and Contract Learning” section of this catalog.
EC 298, 398, 498 Teaching Experience in Economics (½ or 1)
A teaching experience course. Specific guidelines concerning teaching
experiences appear in the “Teaching Experiences” section of this catalog.
Open to sophomores, juniors, or seniors with consent of major advisor.
EC 303 Money and Banking (1)
A study of the financial intermediary and payments system of the United
States; operations, supervision and history of commercial banks; the
Federal Reserve System and its control of the money supply; the economy
of the United States and the influence thereon of monetary policy; the
international payments system; money and capital markets. Prerequisite:
EC 201.
EC 304 Research Methodology (1)
The scientific method applied to economic, social, and political
phenomena: formulating hypotheses; techniques for collecting data,
measuring variables, and interpreting research findings. The course includes
a laboratory in which statistical procedures are applied, interpreted,
and documented through completion of a significant research project.
Laboratory required. (Also listed as GCS 304, PS 304, and SO 304, this
course may be counted for credit in economics, global and comparative
studies, political science, or sociology.) Prerequisite: EC 204, GCS 204,
PS 204, or SO 204. Spring.
EC 308 Macroeconomics (1)
A study in depth of the aggregates of economic society: Gross National
Product, national income, personal income; the balance of savings and
investment; economic stability; economic growth. Prerequisites: EC 201,
EC 202, and MA 231. Fall.
EC 309 Microeconomics (1)
A survey of contemporary theory concerning consumption, production,
demand, supply; market price under competition and monopoly; factor
prices; wages, interest, rent; the concept of profits. Prerequisites: EC 201,
EC 202, and MA 231. Spring.
EC 310 Asian Economies (1)
An introduction to the history of Asian economies, their current
macroeconomic policies and micro business environment. Topics to be