Economics

ECO 100 - Survey of Economics

Description: A survey of the basic principles of economics, with application to contemporary issues. Operation of markets, determination of national income and its measurements, the role of financial markets, monetary and fiscal policies, and international trade are to be considered, as well as their impact upon the economy, individuals, and businesses. Business majors should take ECO 207 - ECO 208. SUNY GE-SSBS; SUNY GEN ED-GSBS; NCC GEN ED-SBS Offered: Fall, Spring, Summer

Credit Hours: 3
Department: Social and Behavioral Science

ECO 110 - Personal Finance

Description: (Dual listed with FIN 110) Personal Finance prepares students to manage their current and future financial affairs. Topics to be covered include: financial planning, saving and credit, insurance, government transfers, home buying, stocks, bonds, mutual funds, and estate planning. This is a practical and sophisticated course intended to aid students with their personal finances. SUNY GE-SSBS; SUNY GEN ED-GSBS; NCC GEN ED-SBS Offered: Fall, Winterim, Spring, Summer

Credit Hours: 3
Department: Social and Behavioral Science

ECO 111 - Introduction to Finance

Description: (Dual Listed with FIN 111) This course offers an introduction to financial decision making and the basic structure of institutions in contemporary financial markets. Topics include time value of money, risk and return, investment types, the role of government regulation, the influence of globalization in contemporary financial markets and evaluation of financial performance and return. The role of ethics in financial decision making and institutional policy will be discussed. Internet and data base research will be used to support the course curriculum and help the student develop the necessary skills to analyze realistic scenarios used in financial markets. SUNY GE-SSBS; SUNY GEN ED-GSBS; NCC GEN ED-SBS Offered: Fall, Spring, Summer

Credit Hours: 3
Department: Social and Behavioral Science

ECO 112 - Introduction to Investments

Description: (Dual listed with FIN 112) An introduction to financial investments and portfolio management. Course topics include: financial markets and instruments, reading financial listings, stock trading and indexes, risk analysis, present and future value, stock valuation and investment decisions, portfolio management, individual and portfolio yields, types and uses of derivatives, sources of investment information, mutual funds, international diversification, the macroeconomy and the impact of economic variables on investments. SUNY GE-SSBS; SUNY GEN ED-GSBS; NCC GEN ED-SBS Offered: Fall, Spring, Summer

Credit Hours: 3
Department: Social and Behavioral Science

ECO 207 - Principles of Macroeconomics

Prerequisites: Students must have satisfied all remediation in MATH.

Description: An introductory course that studies the behavior of the economy as a whole. The course explores the supply and demand model, the measurement of macroeconomic indicators (Gross Domestic Product, unemployment, inflation, and growth) and macroeconomic theories of economic fluctuations. Other topics covered include the role of the federal government and the Federal Reserve in the economy through fiscal and monetary policies, and the basic framework of international trade. SUNY GE-SSBS; SUNY GEN ED-GSBS; NCC GEN ED-SBS Offered: Fall, Winterim, Spring, Summer

Credit Hours: 3
Department: Social and Behavioral Science

ECO 208 - Principles of Microeconomics

Prerequisites: Students must have satisfied all remediation in MATH.

Description: An introductory course that studies the behavior of individual decision makers and their effect on individual markets. This course explores the supply and demand model, consumer choice, and producer decisions under perfect and imperfect competitive conditions. Other covered topics may include factor markets and environmental economics. SUNY GE-SSBS; SUNY GEN ED-GSBS; NCC GEN ED-SBS Offered: Fall, Winterim, Spring, Summer

Credit Hours: 3
Department: Social and Behavioral Science

ECO 212 - Economic Statistics

Prerequisites: MAT 102 or permission of instructor.

Description: An introduction to economic statistics. Topics covered include review of statistical inference, time series analysis, index numbers and introduction to econometrics. This course will help students understand the construction and uses of business, government and other social statistics. Topics will include the CPI, GNP, and risk analysis. SUNY GEN ED-GSBS; NCC GEN ED-SBS

Credit Hours: 3
Department: Social and Behavioral Science

ECO 213 - Money and Banking

Prerequisites: ECO 207 or permission of instructor.

Description: (Dual listed with FIN 213) Basic concepts of money and financial intermediaries. Development of commercial banks and the creation of demand deposits. Yield, risk, and interest rates will be analyzed from a monetary and fiscal perspective. Functions and policies of the Federal Reserve in credit regulation and economic stabilization will be analyzed. Monetary Theory, Keynesian vs. Monetarists, international finance, exchange rates and the balance of payments will be examined. SUNY GEN ED-n/a; NCC GEN ED-SBS Offered: Fall, Spring, Summer

Credit Hours: 3
Department: Social and Behavioral Science

ECO 214 - Corporation Finance

Prerequisites: ECO 207 or permission of instructor.

Description: (Dual listed with FIN 214) An introductory course describing the role and functioning of business firms in the economy, and the application of economic theory in the solution of managerial decisions. Topics investigated include the management of cash, inventories and receivables; selection of alternative investments; short, intermediate, and long-term sources of financing; the cost of capital, optimum capital structure; corporate dividend policies. Case problems are assigned to develop applications of general principles. SUNY GEN ED-n/a; NCC GEN ED-SBS Offered: Fall, Spring, Summer

Credit Hours: 3
Department: Social and Behavioral Science

ECO 215 - Economic Development of the U.S. (Economic History)

Description: The economic forces which brought the United States from an undeveloped wilderness to its present position of world leadership will be examined. The role of economic institutions will be considered in the transformation of our nation into a highly centralized, interdependent society. The economic, social, and political problems concomitant with this development will also be studied. SUNY GEN ED-GSBS; NCC GEN ED-SBS, WESH Offered: Fall

Credit Hours: 3
Department: Social and Behavioral Science

ECO 216 - Economics of the Developing World

Prerequisites: ECO 207 or permission of the Department Chair.

Description: This course is an introductory study of the economic development of Third World countries. It focuses on the role of education, health, human resources, planning, income distribution, food supplies, natural resources and international trade in nations' development. Students will work with data, graphs and maps. Students will learn to identify and understand the differences between developed and developing nations, their respective development patterns, as well as the impact of increasing global interdependence. SUNY GE-SDES, SSBS; SUNY GEN ED-GSBS, GOWC; NCC GEN ED-SBS, GLNW, PLDI Offered: Spring, Summer

Credit Hours: 3
Department: Social and Behavioral Science

ECO 218 - International Economic Systems: A Study Abroad

Prerequisites: ECO 207 or ECO 208 and permission of instructor.

Description: An in-depth and comparative study of the structure, conduct and performance of alternate economic systems. Students will study the economic and financial institutions and public policies of selected economic systems. The course is offered abroad for six weeks in the summer only. For additional information, contact the Department of Economics/Finance. SUNY GEN ED-GSBS; NCC GEN ED-SBS, GLNW, WESH

Credit Hours: 6
Department: Social and Behavioral Science

ECO 222 - Economic Geography of the World

Description: A multidisciplinary course that examines how economic and geographic conditions affect world economic activities and global development. Topics to be discussed include resource use, population, energy, agriculture, the environment and international trade. Globalization and international efforts to promote growth will also be discussed. SUNY GE-SDES, SSBS; SUNY GEN ED-GSBS, GOWC; NCC GEN ED-GLNW, PLDI, SBS Offered: Fall, Spring

Credit Hours: 3
Department: Social and Behavioral Science

ECO 230 - Introduction to International Economics and Finance

Prerequisites: ECO 207 or permission of instructor.

Description: (Dual listed with FIN 230) A study of the United States as an open economy which trades in goods, services and financial assets with other nations. Topics include the reasons nations trade; the costs and benefits of free trade; tariff and non-tariff barriers; regional trade pacts; economic and monetary integration; foreign exchange rate determination; balance of payment problems and international capital mobility; and international monetary institutions. SUNY GE-SSBS; SUNY GEN ED-GSBS; NCC GEN ED-WESH, SBS Offered: Spring

Credit Hours: 3
Department: Social and Behavioral Science

ECO 280 - History of Economic Thought

Description: General examination of ancient and medieval economic institutions with special emphasis on its modern relevance. Specific study of economic thought and practice of mercantilism, physiocrats, classical economics, 19th century socialist dissent, neoclassical and modern schools of economics and its contemporary significance. This study directs students' attention, whatever their field of interest, to man's economic world and the forces that are shaping it. SUNY GEN ED-n/a; NCC GEN ED-WESH, SBS

Credit Hours: 3
Department: Social and Behavioral Science

ECO 294 - Cooperative Education Internship

Prerequisites: ECO 207 and one other ECO or FIN course and permission of the instructor.

Description: (Dual listed with FIN 294) Supervised, practical experience at institutions such as commercial banks, thrift institutions, stock and bond brokerage houses, government agencies and firms employing economic practitioners that will provide students with situations in which they can apply concepts learned in previous Economics and Finance courses. Written reports demonstrating understanding of theory and its application will be an integral aspect of this course. Field experience and future career opportunities will be discussed in co-lateral, on-campus class. Prerequisite for this course is the completion of Economics 207 plus one other economics or finance course and permission of the instructor. Students must have, as a minimum, a 2.50 GPA to be enrolled in this internship course. Students who have completed ECO 490 will not receive credit for ECO 294. SUNY GEN ED-n/a; NCC GEN ED-SBS

Credit Hours: 4
Department: Social and Behavioral Science

ECO 295 - Independent Study-Economics

Description: SUNY GEN ED-n/a; NCC GEN ED-n/a. Formerly ECO 699. Students who have completed ECO 699 will not receive credit for ECO 295.

Credit Hours: 3
Department: Social and Behavioral Science