Academic Catalog

Economics (ECON)

ECON 1100 Introduction to Economics. (Formerly 100) This core course is a general introduction for non-majors into the operation of the economy. Includes the demand-supply model, and study of specific market structures (Microeconomics), and the aggregate demand-aggregate supply model, business cycles, unemployment, inflation and monetary and fiscal policy (Macroeconomics). Pre-requisite: MATH 0095. IAI S3900 3 semester credit hour/s. 
Designation: Political, Global, and Economic Systems (QPE) 
Campus: LISLE (Typically Offered: Fall and Spring Terms)
MESA
 
ECON 2001 Principles of Microeconomics. (Formerly 2102) Demand-Supply model, consumer and firm decision-making, market structures, price determination, resource allocation. Prerequisite: MATH 1105 or MATH 1110. IAI S3902 3 semester credit hour/s. 
Designation: Political, Global, and Economic Systems (QPE) 
Campus: LISLE
MESA
 
ECON 2002 Principles of Macroeconomics. (Formerly 2101) Determination of income, employment, and the price level. Effects of fiscal and monetary policies. Prerequisite: MATH 1105 or 1110 and "C" or better in ECON 2001. IAI S3901 3 semester credit hour/s. 
Designation: Political, Global, and Economic Systems (QPE) 
Campus: LISLE
MESA
 
ECON 2201 Theory of Income and Economic Growth. Advanced analysis of determinants of growth, national income, employment, and price level; monetary and fiscal policy. Prerequisite: ECON 2002, ECON 2001. 3 semester credit hour/s. 
Campus: LISLE 
ECON 2292 Economics Teaching. (Formerly 292) This course is a practicum in economics. 1-3 semester credit hour/s. Course Repeatable. Maximum number of units allowed: 12. Department Consent Required.  
Campus: LISLE (Typically Offered: Fall and Spring Terms) 
ECON 3202 Price Theory and Application. (Formerly 202) Analysis of consumer choices and of decision-making by firms under different market conditions. Prerequisite: "C" or better in ECON 2001 and ECON 2002. 3 semester credit hour/s. 
Campus: LISLE 
ECON 3291 Topics. (Formerly 291) Advance coverage of selected topics in economics. Specific content will vary from year to year depending on which faculty member teaches the course. 3 semester credit hour/s. Course Repeatable. Maximum number of units allowed: 15. 
Campus: LISLE 
ECON 3305 Comparative Economic Systems. (Formerly 305) A comparative analysis of the major world economic systems, including a critical appraisal of underlying philosophies, economic theories, structures, and performance. 3 semester credit hour/s. 
Campus: LISLE 
ECON 3360 International Trade and Finance. (Formerly 360) Trade theory, trade barriers, balance of payments, exchange rates, open-economy macroeconomics. Prerequisite: ECON 2002 and ECON 4310. 3 semester credit hour/s. 
Campus: LISLE 
ECON 4297 Internship. (Formerly 297) Practical experience in economics/business-related fields under the supervision of the program. 2-6 semester credit hour/s. Department Consent Required.  
Designation: Engaged Learning 
Campus: LISLE (Typically Offered: Periodically) 
ECON 4310 Money and Financial Markets. (Formerly 310) Study of money, the banking system, monetary theories, and relation of the monetary system to national income, employment, and price levels. Prerequisite: Earned a grade of C or better in both ECON 2001 and ECON 2002. Cross-listed as ECON 4310/FINA 4310. 3 semester credit hour/s. 
Campus: LISLE (Typically Offered: Fall Term) 
ECON 4391 Topics. (Formerly 391) Advance coverage of selected topics in economics. Specific content will vary from year to year depending on which faculty member teaches the course. 3 semester credit hour/s. Course Repeatable. Maximum number of units allowed: 15. 
Campus: LISLE (Typically Offered: Periodically)