Economics – Minor
Certificate in Data Analytics for Economics
Minor in Economics (18 s.h.)
Analysis of the fundamental principles of the American economic system, centering on price, national income, international trade and finance, fiscal policy, monetary policy, money, and banking. Prerequisite: 1 year high school algebra; geometry recommended. ELO5 Social Science - World Citizenship, ELO5 Social Science - Innovation
Analysis of the fundamental principles of the American economic system, centering on price, production, market structures, and a survey of contemporary economic problems, e.g. sustainability. ELO5 Social Science - Sustainability
An introduction to economic data and statistical techniques commonly applied in business settings. Topics include understanding the basics of data interpretation, manipulation, and visualization. Students will learn how to carry out and interpret basic linear regression and other methods of statistical analysis in Excel.
An examination of the taxation policies and expenditure programs of the public sector. Related topics include public goods, income distribution, and public choice theory. Prerequisite: ECON1320. ELO5 Social Science - Equality, ELO5 Social Science - Equality and Peace. Offered odd years Spring. +This course is only offered every other year.
An application of economic theory to the business of sports. Areas include labor economics, public finance, and the theory of the firm. Prerequisite: ECON1320 and either two MATH courses or MATH1360.
A study of monetary institutions, monetary theory and policy implications, and the principles of our banking system. Prerequisite: ECON1320. +This course is only offered every other year.
Analysis of the fundamental principles of the American economic system, centering on price, national income, international trade and finance, fiscal policy, monetary policy, money, and banking. Prerequisite: 1 year high school algebra; geometry recommended. ELO5 Social Science - World Citizenship, ELO5 Social Science - Innovation
Analysis of the fundamental principles of the American economic system, centering on price, production, market structures, and a survey of contemporary economic problems, e.g. sustainability. ELO5 Social Science - Sustainability
An introduction to economic data and statistical techniques commonly applied in business settings. Topics include understanding the basics of data interpretation, manipulation, and visualization. Students will learn how to carry out and interpret basic linear regression and other methods of statistical analysis in Excel.
An examination of the taxation policies and expenditure programs of the public sector. Related topics include public goods, income distribution, and public choice theory. Prerequisite: ECON1320. ELO5 Social Science - Equality, ELO5 Social Science - Equality and Peace. Offered odd years Spring. +This course is only offered every other year.
An application of economic theory to the business of sports. Areas include labor economics, public finance, and the theory of the firm. Prerequisite: ECON1320 and either two MATH courses or MATH1360.
A study of monetary institutions, monetary theory and policy implications, and the principles of our banking system. Prerequisite: ECON1320. +This course is only offered every other year.
Students wishing to earn the Data Analytics for Economics certificate must complete the following 18 credit hours with Graceland University.
An introduction to the fundamentals of computer programming through extensive practice developing software in the Python language. Fundamental terminology and topics such as integrated development environments, variables, data types, control structures, functions, and objects will be covered. ELO4 Global Learning - Innovation
Introduction to the basic methods of analysis in Data Science and Data Analytics. This course introduces students to the basic statistical methods, coding applications, problem solving, and data integrity issues common to the field.
The course covers the basic aspects of a complete data analytics project. Students will use data sets obtained from community partners. Students will work in teams with each team producing a problem definition in conjunction with the client, conducting the proposed analysis directed at providing insight into the problem, and disseminating the results of the analysis in written and oral form.
An introduction to economic data and statistical techniques commonly applied in business settings. Topics include understanding the basics of data interpretation, manipulation, and visualization. Students will learn how to carry out and interpret basic linear regression and other methods of statistical analysis in Excel.
An application of economic theory to the business of sports. Areas include labor economics, public finance, and the theory of the firm. Prerequisite: ECON1320 and either two MATH courses or MATH1360.
Managerial Economics is a course that explores applying economic theories and methodologies to solve business problems and make informed leadership decisions. It focuses on analyzing economic data, understanding market structures, forecasting demand and supply, and evaluating various business strategies in different economic environments.
An introduction to the fundamentals of computer programming through extensive practice developing software in the Python language. Fundamental terminology and topics such as integrated development environments, variables, data types, control structures, functions, and objects will be covered. ELO4 Global Learning - Innovation
Introduction to the basic methods of analysis in Data Science and Data Analytics. This course introduces students to the basic statistical methods, coding applications, problem solving, and data integrity issues common to the field.
The course covers the basic aspects of a complete data analytics project. Students will use data sets obtained from community partners. Students will work in teams with each team producing a problem definition in conjunction with the client, conducting the proposed analysis directed at providing insight into the problem, and disseminating the results of the analysis in written and oral form.
An introduction to economic data and statistical techniques commonly applied in business settings. Topics include understanding the basics of data interpretation, manipulation, and visualization. Students will learn how to carry out and interpret basic linear regression and other methods of statistical analysis in Excel.
An application of economic theory to the business of sports. Areas include labor economics, public finance, and the theory of the firm. Prerequisite: ECON1320 and either two MATH courses or MATH1360.
Managerial Economics is a course that explores applying economic theories and methodologies to solve business problems and make informed leadership decisions. It focuses on analyzing economic data, understanding market structures, forecasting demand and supply, and evaluating various business strategies in different economic environments.
Analysis of the fundamental principles of the American economic system, centering on price, national income, international trade and finance, fiscal policy, monetary policy, money, and banking. Prerequisite: 1 year high school algebra; geometry recommended. ELO5 Social Science - World Citizenship, ELO5 Social Science - Innovation
Analysis of the fundamental principles of the American economic system, centering on price, production, market structures, and a survey of contemporary economic problems, e.g. sustainability. ELO5 Social Science - Sustainability
An introduction to economic data and statistical techniques commonly applied in business settings. Topics include understanding the basics of data interpretation, manipulation, and visualization. Students will learn how to carry out and interpret basic linear regression and other methods of statistical analysis in Excel.
An examination of the taxation policies and expenditure programs of the public sector. Related topics include public goods, income distribution, and public choice theory. Prerequisite: ECON1320. ELO5 Social Science - Equality, ELO5 Social Science - Equality and Peace. Offered odd years Spring. +This course is only offered every other year.
An application of economic theory to the business of sports. Areas include labor economics, public finance, and the theory of the firm. Prerequisite: ECON1320 and either two MATH courses or MATH1360.
A survey of various analytic approaches to the problem of economic development in Asia, Africa, and Latin America, and an examination of their significant policy problems. ELO5 Social Science - Innovation
A study of monetary institutions, monetary theory and policy implications, and the principles of our banking system. Prerequisite: ECON1320. +This course is only offered every other year.
A study of contemporary consumption, production, pricing resource allocation, and distribution theory. Prerequisite: ECON1320.
A study of national income determination theory and stabilization policies. Prerequisite: ECON1320.
Theories of international trade, foreign exchange markets, resource movements and international economic policies. Prerequisite: ECON1300. ELO4 Global Learning - World Citizenship, ELO4 Global Learning - Equality and Peace +This course is only offered every other year.
Study of selected topics from areas in economics such as industrial, agricultural, governmental, and historical economics. Topics are announced prior to each semester they are offered. May be repeated for credit when the topics vary.
A study of the fundamental principles underlying the analysis of investments. Prerequisites: ACCT2320, BUAD3380, and ECON1320. +This course is only offered every other year.
An internship that allows students to work with professionals who are in career areas relating to the field of economics. The student will play an active role in identifying potential field sponsors. Repeatable to a maximum of 12 hours. (Graded on a Pass/ Fail basis.) Prerequisite: Instructor’s consent.
Students investigate theoretical and applied topics and present their findings. Prerequisites: ECON3350, ECON3360.
Managerial Economics is a course that explores applying economic theories and methodologies to solve business problems and make informed leadership decisions. It focuses on analyzing economic data, understanding market structures, forecasting demand and supply, and evaluating various business strategies in different economic environments.
Analysis of the fundamental principles of the American economic system, centering on price, national income, international trade and finance, fiscal policy, monetary policy, money, and banking. Prerequisite: 1 year high school algebra; geometry recommended. ELO5 Social Science - World Citizenship, ELO5 Social Science - Innovation
Analysis of the fundamental principles of the American economic system, centering on price, production, market structures, and a survey of contemporary economic problems, e.g. sustainability. ELO5 Social Science - Sustainability
An introduction to economic data and statistical techniques commonly applied in business settings. Topics include understanding the basics of data interpretation, manipulation, and visualization. Students will learn how to carry out and interpret basic linear regression and other methods of statistical analysis in Excel.
An examination of the taxation policies and expenditure programs of the public sector. Related topics include public goods, income distribution, and public choice theory. Prerequisite: ECON1320. ELO5 Social Science - Equality, ELO5 Social Science - Equality and Peace. Offered odd years Spring. +This course is only offered every other year.
An application of economic theory to the business of sports. Areas include labor economics, public finance, and the theory of the firm. Prerequisite: ECON1320 and either two MATH courses or MATH1360.
A survey of various analytic approaches to the problem of economic development in Asia, Africa, and Latin America, and an examination of their significant policy problems. ELO5 Social Science - Innovation
A study of monetary institutions, monetary theory and policy implications, and the principles of our banking system. Prerequisite: ECON1320. +This course is only offered every other year.
A study of contemporary consumption, production, pricing resource allocation, and distribution theory. Prerequisite: ECON1320.
A study of national income determination theory and stabilization policies. Prerequisite: ECON1320.
Theories of international trade, foreign exchange markets, resource movements and international economic policies. Prerequisite: ECON1300. ELO4 Global Learning - World Citizenship, ELO4 Global Learning - Equality and Peace +This course is only offered every other year.
Study of selected topics from areas in economics such as industrial, agricultural, governmental, and historical economics. Topics are announced prior to each semester they are offered. May be repeated for credit when the topics vary.
A study of the fundamental principles underlying the analysis of investments. Prerequisites: ACCT2320, BUAD3380, and ECON1320. +This course is only offered every other year.
An internship that allows students to work with professionals who are in career areas relating to the field of economics. The student will play an active role in identifying potential field sponsors. Repeatable to a maximum of 12 hours. (Graded on a Pass/ Fail basis.) Prerequisite: Instructor’s consent.
Students investigate theoretical and applied topics and present their findings. Prerequisites: ECON3350, ECON3360.
Managerial Economics is a course that explores applying economic theories and methodologies to solve business problems and make informed leadership decisions. It focuses on analyzing economic data, understanding market structures, forecasting demand and supply, and evaluating various business strategies in different economic environments.
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