Invitation
Economics majors will be invited each term to participate in the Honors Track if they meet the following criteria:
Course Requirements
Degree Requirements
- Honors Track students must maintain a minimum GPA of 3.300 (B+ average) in all economics courses taken at DePaul.
- Honors Track students must submit a paper written for any economics class that meets the following criteria: (a) the student earned a B+ or better on the paper; (b) the paper contained a literature review based on at least 5 sources; and (c) the paper was at least 10 pages OR used econometrics. This requirement must be satisfied using a paper from a course taken at DePaul. Students should contact the Director of the Undergraduate Economics Program for submission guidelines.
ECO 305
INTERMEDIATE MICROECONOMICS
Continuation of topics treated in Economics 105, especially consumption and production theory. Marginal analysis and indifference curves are major tools used in discussion of demand for products, pricing output, wages, and distribution of output.
Prerequisites:
ECO 105 and MAT 135 or equivalent are a prerequisite for this class.
ECO 306
INTERMEDIATE MACROECONOMICS
The purpose of this course is to develop macroeconomic models that assist in understanding the myriad economic problems facing us today, both domestic and foreign, and in evaluating proposed solutions. These static and dynamic models are used to understand interactions in the macroeconomy, and will serve as a tool in predicting the level of GDP, inflation, unemployment and interest rates. Models included are: traditional short-run Keynesian analysis; the New Classical market-clearing approach; and the recent work in Neo-Keynesian thought.
Prerequisites:
ECO 105, ECO 106 and MAT 135 or equivalent are a prerequisite for this class.
ECO 311
BUSINESS AND ECONOMIC FORECASTING
Students will learn forecasting tools for microeconomic variables such as sales and profits and macroeconomic variables such as interest rates and GDP growth rates.
Prerequisites:
ECO 375 is a prerequisite for this class.
ECO 375
INTRODUCTION TO ECONOMETRICS
Techniques of estimation and testing of economic relationships. Probability theory, probability distributions, least squares estimation and correlation.
Prerequisites:
ECO 105, ECO 106 and (MAT 137 or equivalents) are a prerequisite for this class.
ECO 313
ECONOMICS OF REGULATION & ANTI TRUST LAWS
Social Control of Business. Relationships between government, business and society. Both the institutional and theoretical aspects of governmental intervention in economic life examined.
Prerequisites:
ECO 305 is a prerequisite for this course.
ECO 314
ECONOMICS OF THE PUBLIC SECTOR
This course discusses market failures and the economic role of government. Topics covered will include: government interventions that correct market failures, the efficiency of government policies, collective decision-making and voting, as well as the theory of optimal taxation and the incentive effects of taxes. Specific government programs such as Social Security and welfare programs are also analyzed. The emphasis is on the revenues, expenditures and policies of the federal government.
Prerequisites:
ECO 305 is a prerequisite for this course.
ECO 340
DEVELOPMENT OF ECONOMIC THOUGHT
A study of the most influential contributions to our understanding of political economy broadly understood. An historical examination of the development of economic theories with special emphasis placed upon their relevance to present economic and political issues.
Prerequisites:
(ECO 105 or ECO 106), ECO 306 and (MAT 130 or equivalent) are a prerequisite for this class.
ECO 398
SPECIAL TOPICS
Special Topics. Content and format of this course are variable. All topics will include an in-depth study of current issues in Economics. Subject matter will be indicated in class schedule.
Prerequisites:
ECO 105, ECO 106 and (MAT 130 or equivalent) are a prerequisite for this class.
MAT 135
BUSINESS CALCULUS I
Differential calculus of one or more variables with business applications. Formerly BMS 125.
Prerequisites:
MAT 130 or equivalent is a prerequisite for this class.
MAT 136
BUSINESS CALCULUS II (FORMERLY BMS 126)
Integral calculus, matrix algebra, and probability theory with business applications. Formerly BMS 126.
Prerequisites:
BMS 125 is a prerequisite for this class.
MAT 137
BUSINESS STATISTICS
Basic concepts of statistics and applications; data analysis with the use of Excel; theoretical distributions; sampling distributions; problems of estimation; hypothesis testing; problems of sampling; linear regression and correlation. Formerly BMS 142.
Prerequisites:
MAT 136 or equivalent is a prerequisite for this class.
MAT 150
CALCULUS I
Limits, continuity, the derivative, rules of differentiation, exponential and logarithmic functions, related rates and other applications.
Prerequisites:
MAT 131 or placement by test is a prerequisite for this course.
MAT 151
CALCULUS II
Applications of the derivative, extrema, curve sketching, definite and indefinite integrals, applications of the integral.
Prerequisites:
MAT 150 or MAT 160 or MAT 170 is a prerequisite for this class.
ECO 105
PRINCIPLES OF MICROECONOMICS
Principles of Microeconomics. Basic theories of micro (or individual) economic units; the theory of consumer demand, the firm, and distribution; pricing and production in competitive, monopolistic and oligopolistic industries.
Prerequisites:
MAT 130 or equivalent is a prerequisite for this class.
ECO 106
PRINCIPLES OF MACROECONOMICS
Principles of Macroeconomics. Fundamental theories of macro (or aggregate) economics: supply and demand, national income accounting and analysis, and international trade. Analysis of unemployment, and inflation, and policies designed to combat these and other current problems.
Prerequisites:
MAT 130 or equivalent is a prerequisite for this class.