ACADEMIC PROGRAMS
147
Birmingham-Southern College Catalog 2015-2016
studied include the “economic miracles” of Japan and four Asian Tigers,
developmental strategies of China, India, and Southeast Asian economies,
and U.S.-Asia relations on the basis of a geographical, cultural, and
historical approach. Prerequisite: EC 201.
EC 311 Quantitative Analysis for Business and Economics (1)
Selected methods and techniques related to managerial choice and
administrative decision making. The course is strongly recommended
for majors. (Also listed as BA 311.) Prerequisite: MA 207 or MA 231. Fall,
Spring.
EC 340 Economics of Natural Resources and the Environment (1)
An examination of the economic theory of natural resource use and the
environment. Prerequisite: EC 201 or EC 202.
EC 350 Labor Economics (1)
An introduction to the field of labor economics. Topics covered include
theories of supply and demand for labor, wage determination, non-wage
compensation schemes, investments in human capital, and government
intervention into the labor market. Prerequisites: EC 201 and EC 202.
EC 404 Econometrics (1)
An application of statistical methods to the estimation of relationships
among variables using statistical software. This course introduces
extensions of the ordinary least squares regression method in theories and
applications, including topics such as model specifications, functional
forms, problems associated with the estimation process, and estimation
techniques dealing with different types of datasets. Prerequisite: EC 204 or
MA 207. Spring.
EC 410 International Economics (1)
The theory of international trade, balance of payments, international
financial institutions, the structure of trade, international impacts on
income distribution, trade policy including protection and regulation.
Prerequisites: EC 201 and EC 202.
EC 430 Economic Growth and Development (1)
A study of theories of economic growth, alternative approaches to
development policy, and their applications in various developing countries
or regions. Prerequisites: EC 201 and EC 202.
EC 460 Senior Research Seminar in Economics (1)
A seminar devoted to enhancing students’ ability to synthesize economic