UMM ACADEMIC AFFAIRS

COURSE PROPOSALS

Form RC:

Revised Course Proposal

FORM RC

(2/00)

Discipline:

Economics

 

 

Date:

9/13/00

Course Revision #1

I. Give complete UMM catalog entry (deletions in strikethru font, additions underlined)(see instructions)

Econ 1101f,s.Principles of Economics. (SS; 4 cr; prereq high school algebra or #)

Introduction to the study of scarce resource allocation in a market economy. Supply and demand, consumer theory, the theory of the firm, market structure, pricing of the factors of production. Measurement of economic performance; national income, inflation, and unemployment; competing macroeconomic theories; stabilization policies.

II. Rationale (see instructions):

Delete course. Course is being replaced by Econ 1111 and 1112.

Course Revision #2

I. Give complete UMM catalog entry (deletions in strikethru font, additions underlined)(see instructions)

Econ 1951f,s.Seminar for Social Science Majors. (1 cr; QP–1101, 1102; SP–11011111, 1112; no cr for students who are concurrently enrolled in or have received cr for 3xxx Econ courses; S-N only)

Familiarization with various journals, periodicals, and sources of statistical information that deal with current developments in economics.

II. Rationale (see instructions):

Change pre-requisites due to change in lower division offerings.

Course Revision #3

I. Give complete UMM catalog entry (deletions in strikethru font, additions underlined)(see instructions)

Econ 3000. Variable Topics in Economics. (See specific topics for general education categories; 2 - 4cr; repeatable when topic changes; QP–1101, 1102; SP–11011111, 1112 or #; offered when feasible)

Topic to be announced.

II. Rationale (see instructions):

Add possibility of additional credits as some topics courses may be better offered as 4 credit.

Change prerequisites to reflect change in lower division offerings.

Course Revision #4

I. Give complete UMM catalog entry (deletions in strikethru font, additions underlined)(see instructions)

Econ 3131fs.Comparative Economic Systems. (IP; 2 cr; QP–1101, 1102; SP–1101 1111,1112 or #; not offered 2000-2001 2002-2003 )

Comparison of the theory and functioning of the major economic systems of the world; economic reform in capitalist and socialist economies.

II. Rationale (see instructions):

Change semester offered.

Change prerequisites to reflect change in lower division offerings.

Change next academic year course will not be offered.

Course Revision #5

I. Give complete UMM catalog entry (deletions in strikethru font, additions underlined)(see instructions)

Econ 3141sf. Economic Development and Growth I. (IP; 2 cr; QP–1101, 1102; SP–11011111, 1112 or #)

Nature and meaning of economic development. Theories of economic growth and the historical experience of now developed countries. General development problems facing developing countries.

II. Rationale (see instructions):

Change semester offered.

Change prerequisites to reflect change in lower division offerings.

 

 

 

Course Revision #6

I. Give complete UMM catalog entry (deletions in strikethru font, additions underlined)(see instructions)

Econ 3142sf. Economic Development and Growth II. (IP; 2 cr; QP–3140; SP–3141 or #)

Current development problems and policies in developing countries; the possibilities and prospects for future development. Case studies examining the development progress of these countries.

II. Rationale (see instructions):

Change semester offered.

Course Revision #7

I. Give complete UMM catalog entry (deletions in strikethru font, additions underlined)(see instructions)

Econ 3121fs. Public Economics I. (SS; 2 cr; QP–1101; SP–11011111, 1112 or #; not offered 1999-20002001-2002)

Analysis of the economics of taxation.

II. Rationale (see instructions):

Change semester offered.

Change prerequisites to reflect change in lower division offerings.

Change next academic year course will not be offered.

Course Revision #8

I. Give complete UMM catalog entry (deletions in strikethru font, additions underlined)(see instructions)

Econ 3122fs. Public Economics II. (SS; 2 cr; QP–1101; SP–1101 1111, 1112 or #; not offered 1999-20002001-2002)

Analysis of the economics of public expenditures.

II. Rationale (see instructions):

Change semester offered.

Change prerequisites to reflect change in lower division offerings.

Change next academic year course will not be offered.

Course Revision #9

I. Give complete UMM catalog entry (deletions in strikethru font, additions underlined)(see instructions)

Econ 3201f. Microeconomic Theory. (SS; 4 cr; QP–1101, Math 1140; SP–11011111, Math 10211101 or #)

Analytical approach to decision making by individual economic units in the output and input markets, under perfect and imperfect market conditions. Externalities and role of government.

II. Rationale (see instructions):

Change prerequisite to reflect change in lower division offering.

Change prerequisite to reflect change Math course required for major.

Course Revision #10

I. Give complete UMM catalog entry (deletions in strikethru font, additions underlined)(see instructions)

Econ 3202s. Macroeconomic Theory. (SS; 4 cr; QP–1102, Math 1140; SP–11011112, Math 10211101 or #)

The theory of national income determination; inflation, unemployment, and economic growth in alternative models of the national economy.

II. Rationale (see instructions):

Change prerequisite to reflect change in lower division offering.

Change prerequisite to reflect change Math course required for major.

Course Revision #11

I. Give complete UMM catalog entry (deletions in strikethrough font, additions underlined)(see instructions)

Econ 3211f. History of Economic Thought I.(Hist;2.0 cr; QP-3101; SP-3201 or 3202;

offered when feasible)

The origin and development of economic thought from Mercantilism to through the classical school. Adam Smith and Karl Marx will be featured, among others. Some important original works of Adam Smith, David Ricardo, and John Stuart Mill are also studied. A theme will be the nature of economics as a social science, through the study of its historical development.

 

II. Rationale (see instructions):

Add semester being offered to catalog, delete statement regarding offered when feasible.

Change description to reflect a new permanent instructor for the course, who wishes to structure it slightly differently, while maintaining the original motivation for the place of the course in the curriculum.

Course Revision #12

I. Give complete UMM catalog entry (deletions in strikethrough font, additions underlined)(see instructions)

Econ 3212f. History of Economic Thought II. (Hist;2.0 cr; QP-3101; SP-3211 or #;offered when feasible)

The development of economic thought from William Stanley Jevons to John Maynard Keynes. Some important original works of Alfred Marshall, Irving Fisher, and John Maynard Keynes are also studied Marx and the end of the classical school, through the development of more modern approaches. In addition to the demise of classical thought, a selection from the thinkers who contributed to the foundations of modern microeconomics and/or macroeconomics will be covered. A theme will be the nature of economics as a social science, through the study of its historical development.

II. Rationale (see instructions):

Add semester being offered to catalog, delete statement regarding offered when feasible.

Change description to reflect a new permanent instructor for the course, who wishes to structure it slightly differently, while maintaining the original motivation for the place of the course in the curriculum.

Course Revision #13

I. Give complete UMM catalog entry (deletions in strikethru font, additions underlined)(see instructions)

Econ 4111s. Mathematical Economics I. (M/SR; 2 cr; QP–3101, 3102, Math 1140; SP–3201, 3202, Math 1021or #; offered when feasible)

Application of mathematical methods to economic analysis. Mathematical formulations and solution of optimizing models pertaining to households and firms and of adjustments to disturbances.

II. Rationale (see instructions):

Delete specific semester offered.

Delete the prerequisite of Math 1021 (redundant, as is a prerequisite for Econ 3201 and Econ 3202).

Course Revision #14

I. Give complete UMM catalog entry (deletions in strikethru font, additions underlined)(see instructions)

Econ 4112s. Mathematical Economics II. (M/SR; 2 cr; QP–3101, 3102, Math 1140; SP–3201, 3202, Math 1021or #; offered when feasible)

II. Rationale (see instructions):

Delete specific semester offered.

Delete the prerequisite of Math 1021 (redundant, as is a prerequisite for Econ 3201 and Econ 3202).

 

Regular Approval Process:

Forms RC must go through the following regular approval process (put check in box and date when approved):

 

Date

Step #

 

 

1)

Discipline approves (sends hard copy and electronic copy of proposal to #2)

 

 

2)

Division approves (Division Chair sends proposal to #3)

 

 

3)

Curriculum Committee approves (sends proposal to #4)

 

 

4)

Campus Assembly approves. (Course revisions become effective immediately following Campus Assembly approval, unless specifically requested otherwise in the Rationales.)