OU Logo
Attending OHIO About OHIO Students Parents Alumni Faculty/Staff

Undergraduates: Economics Elective Courses

Cherry Blossoms

The following classes may be taken to fulfill the economics elective requirement of the Economics major or Business Economics major.

Please note: Check each semester's schedule for availability of a class. Not every class will be offered every semester. Check with the instructor for pre-requisities or permission to waive pre-requisites. Check the University catalog for more complete information.

ECON 2130 Current Economic Problems

Application of economic theory to current economic problems with emphasis on public policy implications. Topics vary.

ECON 3020 Games and Economic Behavior

Applies scientific research on human and social cognitive and emotional patterns to better understand economic decisions and how they affect market prices, returns and the allocation of resources. The fields are primarily concerned with the rationality, or lack thereof, of economic agents.

ECON 3130 Economics of the Environment

Economic analysis of such environmental matters as air, water, and noise pollution, population growth, and land use. Emphasis placed on use of economic theory and empirical research in evaluating environmental policies.

ECON 3140 Natural Resource Economics

Explores the economic aspects involved in the extraction and utilization of both renewable and nonrenewable natural resources. Topics include the economics of oil and mineral extraction, groundwater use, agricultural practices, forestry, and fisheries. Allocation of property rights and economic benefits and costs of natural resource use are also examined.

ECON 3150 Economics of Health Care

Demand for medical care, supply behavior of profit and nonprofit agencies, market structure, adverse selection, public and private health insurance. Additional topics, which may vary.

ECON 3160 Economics and the Law

Major topics are property, contracts, and torts. Class time is divided between economic analysis of these topics in the abstract and actual legal cases that involve these topics.

ECON 3200 Labor Economics

Demand for labor, supply of labor, household production, compensating wage differentials, education and training, discrimination, unions, and unemployment.

ECON 3220 Economics of Human Resources

Investigation of the decisions individuals and families make regarding education, marriage, fertility, labor supply, and child care, as well as the effects of public policy on these decisions.

ECON 3320 Industrial Organization

Market structures, market conduct, and social performance of industries. Emphasis upon firms' strategic behavior in price and nonprice competition. Topics include oligopolistic pricing, strategic entry deterrence, location strategies, product quality, advertising, and research and development. Economic welfare implications of firms' behavior examined.

ECON 3340 Economics of Antitrust Law

Introduction to the behavior of firms that operate in imperfectly competitive markets and the antitrust laws that regulate this behavior.

ECON 3350 Economics of Energy

Applies economic theory to analyzing public policy issues regarding energy production and use--including such topics as price controls, import dependency, conservation, supply outlook, and industry concentration.

ECON 3370 Government Regulation of Business

Why does the government regulate business? Reasons include the inefficiencies of market power, considerations of fairness, excessive competition, natural monopoly, externalities, and reducing transactions costs.

ECON 3400 International Trade

International trade patterns, theories of absolute and comparative advantage, classical and modern trade theory, tariffs, quotas, nontariff barriers, preferential trading arrangements.

ECON 3410 International Monetary Systems

How exchange rates are determined, fixed vs. flexible rates, government intervention, fiscal and monetary policy in open economy, transmission of inflation and unemployment among nations, international capital movements, covered interest arbitrage, forward exchange, Eurocurrency markets.

ECON 3430 Financial Economics

In a free economy, income earners' savings flow directly and through intermediaries to investors who use the proceeds to increase capital, the engine of growth. Intermediaries such as banks, brokers, and exchanges, create instruments such as equities, bonds, mutual fund shares, and their derivatives, which trade in secondary markets. This course examines the interrelationships between institutions, instruments, participants, strategies, and markets.

ECON 3500 Economic Development

This course examines classic and modern theories of economic development and growth focusing on applications to the developing world. Special topics may include debt, trade, reform, foreign investment, education, health, the role of the state, and international aid.

ECON 3510 Agricultural Development

Patterns of agricultural development: technological and demographic changes in agriculture; socioeconomic problems; marketing arrangements; case studies of specific agricultural development projects.

ECON 3520 Economic History of the United States

Economic factors in development of U.S., including historical growth of economic institutions such as banking, manufacturing, labor unions, and agriculture, from colonial times to present.

ECON 3530 European Economic History

Economic growth of developed countries. Focus on industrial revolutions in Great Britain, France, Germany, and the former Soviet Union. Historical experience of these countries related to various theories of economic change.

ECON 3600 Money and Banking

Role of money and banking system in determination of national income and output. Monetary theory and policy emphasized.

ECON 3710 Cost Benefit Analysis

Application of cost-benefit analysis, including pricing of non-market costs and benefits. Applications to developing countries, the environment and other project evaluation.

ECON 3820 Economic Analysis with Statistical Packages

Uses real-life small and large data sets and applys software procedures to conduct statistical and finacial analysis of economic and business data. Interpretation of statistical output of estimated functions and written reports for rational decision-making by using business and economic analysis. Statistical packages used may vary.

ECON 4060 Monetary Theory and Policy

Emphasis on monetary economics. Money demand and supply theory and policies for minimizing cyclical fluctuations in economic activity.

ECON 4150 Regional Economic Analysis

Regional economics is concerned with analytical approaches to problems that are specifically urban, rural, or regional. Topics in regional science include, but are not limited to location theory or spatial economics, location modeling, transportation, migration analysis, land use and urban development, interindustry analysis, environmental and ecological analysis, resource management, urban and regional policy analysis, geographical information systems, and spatial data analysis.

ECON 4250 Public Policy Economics

Survey of economic approach to analyzing public policy issues. Uses concepts of welfare economics, public choice economics, and cost-benefit analysis, as applied to sample of policy subjects.

ECON 4300 Public Finance

Role played by government as user of economic resources and redistributor of incomes. Some questions explored: need for government's entry into economy, optimal size of government, selection of tax and expenditures schemes, and effects of government economic activity on private sector.

ECON 4440 Futures Markets

Contracts, trading, institutions, and strategies, including hedging and speculation.

ECON 4550 African Economic Development

Economic characteristics of African societies as traditional economies and in process of modernization.

ECON 4740 Economics of Latin America

Economics of Latin American countries, prospects for economic development of the region, nature and origin of institutional obstacles to economic change. Economic heritage of colonial period and subsequent evolution of economic institutions, resources of the area and utilization, and trends in economic activity and policy in post-WWII period.

ECON 4750 The Chinese Economy

Introduction to the economics of the modern Chinese economy.

ECON 4760 Economics of Korea, Japan and SouthEast Asia

Economics of Korea, Japan and SouthEast Asia, including trade, exchange rates and industrial policies.

Return to the main Undergraduate Program page