ECNS (Formerly ECON)
Economics
Department of Agricultural Economics & Economics
(406) 994-3701

ECNS 101IS ECONOMIC WAY OF THINKING  (Formerly ECON 101IS)

ECNS 132   ECON AND THE ENVIRONMENT  (Formerly ECON 132)

ECNS 202   PRINCIPLES OF MACROECONOMICS  (Formerly ECON 102)

ECNS 204IS MICROECNOMOMICS (Formerly ECON 201IS)

ECNS 251IS HONORS ECONOMICS (Formerly ECON 250IS)

ECNS 290R  UNDERGRADUATE RESEARCH

ECNS 291   SPECIAL TOPICS (Formerly ECON 280)

ECNS 292   INDEPENDENT STUDY (Formerly ECON 270)

ECNS 301   INTERMEDIATE MICRO WITH CALCULUS (Formerly ECON 301)

ECNS 303   INTERMEDIATE MACRO WITH CALCULUS (Formerly ECON 302)

ECNS 309   MANAGERIAL ECONOMICS (Formerly ECON 309)

ECNS 311   INT. MICRO WITH ECNS EDUC APPS (Formerly ECON 311)

ECNS 312   LABOR ECONOMICS (Formerly ECON 312)

ECNS 313   MONEY & BANKING (Formerly ECON 313)

ECNS 314   INTERNATIONAL ECONOMICS (Formerly ECON 314)

ECNS 317   ECONOMIC DEVELOPMENT (Formerly ECON 317)

ECNS 320   PUBLIC FINANCE (Formerly ECON 320)

ECNS 332   ECNSOF NATURAL RESOURCES (Formerly ECON 332)

ECNS 372   ECONOMIC HISTORY OF THE US (Formerly ECON 372)

ECNS 394   SEMINAR (Formerly ECON 300)

ECNS 401   MICROECONOMIC THEORY  (Formerly ECON 401)

ECNS 403   INTRODUCTION TO ECONOMETRICS  (Formerly ECON 403)

ECNS 406   INDUSTRIAL ORGANIZATION  (Formerly ECON 406)

ECNS 432R  BENEFIT-COST ANALYSIS  (Formerly ECON 432R

ECNS 490R  UNDERGRADUATE RESEARCH/CREATIVE ACTIVITY

ECNS 491   SPECIAL TOPICS  (Formerly ECON 480)

ECNS 492   INDEPENDENT STUDY  (Formerly ECON 470)

ECNS 494   SEMINAR  (Formerly ECON 400)

ECNS 500   SEMINAR  (Formerly ECON 500)

ECNS501    MICROECONOMIC THEORY  (Formerly ECON 501)

ECNS 502   MACROECONOMIC THEORY  (Formerly ECON 502)

ECNS 561   ECONOMETRICS I  (Formerly ECON 561)

ECNS 562   ECONOMETRICS II  (Formerly ECON 562)

ECNS 569   RESEARCH METHODOLOGY  (Formerly ECON 569)

ECNS 570   INDEPENDENT STUDY  (Formerly ECON 570)

ECNS 575   RESEARCH OR PROFESSIONAL PAPER/PROJECT  (Formerly ECON 575)

ECNS 580   SPECIAL TOPICS  (Formerly ECON 580)

ECNS 589   GRADUATE CONSULTATION  (Formerly ECON 589)

ECNS 590   MASTER'S THESIS  (Formerly ECON 590)

ECNS 101IS ECONOMIC WAY OF THINKING (Formerly ECON 101IS)
F,S 3 cr. LEC 3
--Introduces important tools and methods of economics, including the core reasoning that underlies decision-making, analytical thinking and problem solving, demand and supply analysis, and indicators of economic performance. Emphasis is on application of the tools of economics to current issues of social and personal importance.

ECNS 132 ECON & THE ENVIRONMENT (Formerly ECON 132)
S 3 cr. LEC 3
PREREQUISITE: ECNS 101.
-- This course includes topics on renewable (fisheries, wildlife, surface water use) and non-renewable (oil, natural gas, minerals) natural resource issues, environmental resources (public lands, resource preservation), pollution control issues, and the global environment (including climate change, biodiversity and population).

ECNS 202 PRINCIPLES OF MACROECONOMICS (Formerly ECON 102)
F,S,Su 3 cr. LEC 3
PREREQUISITE: ECNS 101.
-- Topics include inflation, unemployment, interest rates, money, and the impact of government surpluses or deficits. Government policies of growth, employment, income distribution, and international trade are examined.

ECNS 204IS MICROECONOMICS (Formerly ECON 201IS)
F,S,SU 3 cr. LEC 3
PREREQUISITE: ECNS 101.
-- Consumer theory and the theory of the firm are utilized to show how independent decisions by consumers and firms interact in markets to determine the price and output of goods and services.

ECNS 251IS HONORS ECONOMICS (Formerly ECON 250IS)
S 4 cr. SEM 4
-- Economic principles are introduced and applied to a wide range of contemporary and historical problems including legal, environmental, resource, health, taxation, poverty, economic development, and macroeconomic policy issues.

ECNS 290R UNDERGRADUATE RESEARCH
F,S,Su 1 - 8 cr. IND
PREREQUISITE: ECNS 101 and approval of instructor.
-- Intended for lower division undergraduate research/undergraduate scholars program. The student will work closely with the supervising faculty. Course will address responsible conduct of research.

ECNS 291 SPECIAL TOPICS (Formerly ECON 280)
On Demand 1 - 4 cr. Maximum 12 cr.
PREREQUISITE: Dependent on the offering.
-- Courses not required in any curriculum for which there is a particular one-time need, or given on a trial basis to determine acceptability and demand before requesting regular course number.

ECNS 292 INDEPENDENT STUDY (Formerly ECON 270)
F,S,Su 1 - 3 cr. IND Maximum 6 cr.
PREREQUISITE: Consent of instructor and approval of department head.
-- Directed research and study on an individual basis.

ECNS 303 INTERMEDIATE MACRO WITH CALCULUS (Formerly ECON 302)
F,S 3 cr. LEC 3
PREREQUISITE: ECNS 102 and ECNS 201 or ECNS 250; M 161 or M 171.
-- The economic theory of economy-wide aggregates such as national income, levels of employment, income distribution; the determinants of the performance of entire economies: nations, groups of nations, and the world.

ECNS 309 MANAGERIAL ECONOMICS (Formerly ECON 309)
S 3 cr. LEC 3
PREREQUISITE: ECNS 201 or ECNS 250, M 161 or M 171.
-- An integration of various principles and concepts from different areas of economics. These are combined with several tools of analysis and related to problems of economic decision making and policy formulation at the firm level.

ECNS 311 INT. MICRO WITH ECON EDUC APPS (Formerly ECON 311)
F, to be offered alternate years, 2008 3 cr. LEC 3
PREREQUISITE: ECNS 201 or ECNS 250 or consent of instructor.
-- A study of microeconomic theory with selected applications in the area of the economics of education and emphasis on the theory of the behavior of consumers, firms, non profit organizations and government agencies, and welfare economics. Applications will address issues such as the labor market for primary and secondary school teachers, the effects of voucher programs on the quality of public and private education, and the returns to primary and secondary education.

ECNS 312 LABOR ECONOMICS (Formerly ECON 312
S 3 cr. LEC 3
PREREQUISITE: ECNS 201 or ECNS 250.
-- Economics of labor markets, wage determination, and human capital. The theoretical framework of labor market analysis is presented, along with empirical research results and descriptive aspects of current labor issues.

ECNS 313 MONEY & BANKING (Formerly ECON 313)
F,S 3 cr. LEC 3
PREREQUISITE: ECNS 102 or ECNS 250.
-- Principles and problems of money, banking, and credit. Monetary and banking history; monetary theory and policy; structure and operation of our financial system.

ECNS 314 INTERNATIONAL ECONOMICS (Formerly ECON 314)
F 3 cr. LEC 3
PREREQUISITE: ECNS 201 or ECNS 250.
-- A survey of international economic theory and policy. Major concepts explored are comparative advantage, impacts of tariffs, exchange rates, and international payments.

ECNS 317 ECONOMIC DEVELOPMENT (Formerly ECON 317)
S 3 cr. LEC 3
PREREQUISITE: ECNS 201 or ECNS 250.
-- The plight of the world's low income countries, and the many national and international programs devoted to its alleviation. Primary emphasis directed to economic factors, but attention given to political and social characteristics vital to economic development.

ECNS 320 PUBLIC FINANCE (Formerly ECON 320)
F 3 cr. LEC 3
PREREQUISITE: ECNS 201 or ECNS 250.
-- Analysis of public expenditure programs, government behavior, and public decision making. Topics such as health care and welfare programs, and principles of taxation will be covered.

ECNS 332 ECON OF NATURAL RESOURCES (Formerly ECON 332)
F 3 cr. LEC 3
PREREQUISITE: ECNS 201 or ECNS 250.
-- Economic principles regarding the allocation and use of natural resources and the impact of institutional factors within which these decisions are implemented. Emphasis on property rights, economic rent, and impact of regulations on resources such as forests, fisheries, land, and water.

ECNS 372 ECONOMIC HISTORY OF THE US (Formerly ECON 372)
S 3 cr. LEC 3
PREREQUISITE: ECNS 101 or ECNS 250.
-- Interpretation of American economic growth in the context of economic theory. Examines specific issues in U.S. history while focusing on the question of how the U.S. has been able to sustain increases in per capita income.

ECNS 394 SEMINAR (Formerly ECON 300)
F,S 1 cr. SEM 1
PREREQUISITE: ECNS 201 or ECNS 250 or consent of instructor.
-- Current economic problems and current writings of people in the profession. Topics vary each semester; students should check with the department before registering.

ECNS 401 MICROECONOMIC THEORY (Formerly ECON 401)
F 3 cr. LEC 3
PREREQUISITE: ECNS 301. Need to have senior or graduate standing.
-- Advanced price theory. Objectives of this course include further development of students' intuitive understanding of price theory and learning how to use calculus in economics. Topics covered include comparative statics, consumer and producer theory, and pricing in competitive and non-competitive product and factor markets.

ECNS 403 INTRODUCTION TO ECONOMETRICS (Formerly ECON 403)
S 3 cr. LEC 3
PREREQUISITE: ECNS 201 and STAT 216 and M 170.
-- Statistical analysis and interpretation of quantitative data in economics. Focus on estimating economic relationships and conducting hypothesis testing in economics. Utilizes cutting-edge statistical software packages and real data to apply economic methods to problems in business, economics, and public policy.

ECNS 406 INDUSTRIAL ORGANIZATION (Formerly ECON 406)
F 3 cr. LEC 3
PREREQUISITE: ECNS 301.
-- Offers students the opportunity to use training in price theory by focusing on issues concerned with public policy toward business. The subject matter should appeal to students in pre-law and business as well as economics majors.

ECNS 432R BENEFIT-COST ANALYSIS (Formerly ECON 432R)
S 3 cr. LEC 3
PREREQUISITE: ECNS 301.
-- Senior capstone course. Applied welfare economics and methods and criteria for evaluating benefits and costs of public policies and investment. Applications include environmental and natural resource issues.

ECNS 490R UNDERGRADUATE RESEARCH/CREATIVE ACTIVITY
F,S,Su 1-8 cr. IND
PREREQUISITE: ECNS 201, junior standing, and approval of instructor.
-- Intended for upper division undergraduate research/undergraduate scholars program. The student will work closely with the supervising faculty. Course will address responsible conduct of research.

ECNS 491 SPECIAL TOPICS (Formerly ECON 480)
On Demand 1 - 4 cr. Maximum 12 cr.
PREREQUISITE: Determined by each offering.
-- Courses not required in any curriculum for which there is a particular one-time need, or given on a trial basis to determine acceptability and demand before requesting a regular course number.

ECNS 492 INDEPENDENT STUDY (Formerly ECON 470)
On Demand 1 - 3 cr. IND Maximum 6 cr.
PREREQUISITE: Junior standing, consent of instructor, and approval of department head.
-- Directed research and study on an individual basis.

ECNS 494 SEMINAR (Formerly ECON 400)
On Demand 1 cr. SEM 1 Maximum 4 cr.
PREREQUISITE: Junior standing and as determined for each offering.
-- Topics offered at the upper division level which are not covered in regular courses. Students participate in preparing and presenting discussion material.

ECNS 500 SEMINAR (Formerly ECON 500)
On Demand 1 cr. SEM 1 Maximum 4 cr.
PREREQUISITE: Graduate standing or seniors by petition. Course prerequisites as dependent on the offering.
-- Topics offered at the graduate level which are not covered in regular courses. Students participate in preparing and presenting discussion material.

ECNS 501 MICROECONOMIC THEORY (Formerly ECON 501)
S 3 cr. LEC 3
PREREQUISITE: ECNS 401.
-- Economic models of optimization as they apply to consumer and firm decision making. Topics covered include comparative statics, theory of the firm and consumer, and consumer and producer surplus.

ECNS 502 MACROECONOMIC THEORY< (Formerly ECON 502)br> S 3 cr. LEC 3
PREREQUISITE: ECNS 302.
-- Systematic review of accepted macroeconomic theory and critical study of the functional relationships contained therein.

ECNS 561 ECONOMETRICS I (Formerly ECON 561)
F 3 cr. LEC 3
PREREQUISITE: ECNS 301, STAT 216, M 221.
-- The use of regression analysis in the estimation of economic relationships, with emphasis on development of the least squares technique, the properties of estimators, and hypothesis testing in the context of the regression model.

ECNS 562 ECONOMETRICS II (Formerly ECON 562)
S 3 cr. LEC 3
PREREQUISITE: ECNS 561.
-- Course consists of theoretical and applied econometrics of static and dynamic structural models, primarily using time-series data. Single equations and system of equations are evaluated. Estimation properties specific to statistical problems, dynamic adjustments to economic behavior, and model forecasting are emphasized.

ECNS 569 RESEARCH METHODOLOGY (Formerly ECON 569)
F 1 cr. LEC 1
PREREQUISITE: Graduate standing, ECNS 301, ECNS 302.
-- The research process as a means of acquiring knowledge which is reliable and relevant to problems.

ECNS 570 INDEPENDENT STUDY (Formerly ECON 570)
On Demand 1 - 3 cr. IND Maximum 6 cr.
PREREQUISITE: Graduate standing, consent of instructor, and approval of department head and Dean of Graduate Studies.
-- Directed research and study on an individual basis.

ECNS 575 RESEARCH OR PROFESSIONAL PAPER/PROJECT (Formerly ECON 575)
F,S,Su 1 - 4 cr. IND Maximum 6 cr.
PREREQUISITE: Graduate standing.
-- A research or professional paper or project dealing with a topic in the field. The topic must have been mutually agreed upon by the student and his or her major advisor and graduate committee.

ECNS 580 SPECIAL TOPICS (Formerly ECON 580)
On Demand 1 - 4 cr. Maximum 12 cr.
PREREQUISITE: Upper division courses and others as determined for each offering.
-- Courses not required in any curriculum for which there is a particular one-time need, or given on a trial basis to determine acceptability and demand before requesting a regular course number.

ECNS 589 GRADUATE CONSULTATION (Formerly ECON 589)
F,S,Su 3 cr. TUT
PREREQUISITE: Master's standing and approval of the Dean of Graduate Studies.
-- This course may be used only by students who have completed all of their course work (and thesis, if on a thesis plan) but who need additional faculty or staff time or help.

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