Undergraduate Course Descriptions

Economics (ECO)

ECO 2301 Microeconomics 3(3-0)
Pre-requisite: MTH 1300, or MTH 1303, or MTH 1304

Introduces the theoretical and practical knowledge of consumer behavior, markets, prices, and business decision-making. The behavior of individual firms is analyzed through price and output determination in various market structures. Other topics include resource markets and issues involving the public sector and the market economy.

This is a Business Major Common Core Course for the BBA
This is a Human Resource Development Major Core for the BSHRD

ECO 2302 Macroeconomics 3(3-0)
Pre-requisite: ECO 2301

Economic analysis at the national level: theoretical analysis and measurement of changes in national income, prices, employment and issues related to exchange rates; evaluation of alternative stabilization policies.

This is a Business Major Common Core Course for the BBA
This is a Human Resource Development Major Core for the BSHRD
This is a Foundation Course in the MBA program

ECO 2303 Economic Analysis 3(3-0)

Introduces the political economy. It covers the development and application of fundamental concepts to current societal problems.

ECO 2310 Introduction to International Economics 3(3-0)

This class is only open to non Business Administration students. Students who have taken ECO 3301 International Trade and International Finance are exempted from taking this course.

This course is made of three different sections. The first one examines the basis of trade, the gains from trade, and the impact of trade on growth, employment and income. Topics include but are not limited to the theory of comparative advantage, the determination of terms of trade, protection in theory and practice. The second section of the course examines the impact of the international monetary system on international trade, international capital management, employment and growth. The course concludes by providing an introduction to and an overview of the economics of international development. The primary objective is to give the students a basis for thinking about the processes driving economic development.

This is an International Studies Major Core for the BAIS
This is a Minor for the BAIS

ECO 3301 International Trade 3(3-0)
Pre-requisite: ECO 2302

Examines the nature and theoretical foundations of modern trade between nations and the significance of geographic, social and political influences. Emphasis is on economic inter-dependency of nations; economic analysis of protectionist policies; importance of trade for development; international institutions involved in trade; issues in international capital flow; and multinational corporations.

This is a Concentration in International Business for the BBA
This is a Minor in International Business for Business Majors for the BBA
This is an Optional Course in International Cooperation and Development for the BAIS

ECO 3302 Economic Growth and Development 3(3-0)
Pre-requisite: ECO 2302, ECO 2310 for International Studies Major

Theories of growth and planning, and provides for formulating policies to foster and regulate growth. Emphasis is on application of analytical concepts to improve economic welfare patterns, considering problems of capital formation and human- and material-resource utilization. Social indicators to differentiate between growth and development (e.g., education, health, women's status) are addressed.

This is an Optional Course in International Cooperation and Development for the BAIS

ECO 3303 Monetary Economics 3(3-0)
Pre-requisite: ECO 2302

A study of Moroccan and international financial systems, institutions, investments and instruments including alternative monetary systems, exchange rate determination, and the balance of payments. Emphasis is on Moroccan monetary and fiscal policies for achieving domestic and international objectives.

ECO 3304 Intermediate Microeconomics 3(3-0)
Pre-requisite: ECO 2302

Provides an analytical examination of decentralized decision-making and of price in equalizing independent actions. Concepts and discussions anticipated: demand, supply, production; general equilibrium analysis; market structures; the efficiency of free markets; consequences of externalities, monopolies, public goods.

ECO 3305 Intermediate Macroeconomics 3(3-0)
Pre-requisite: ECO 2302

Analysis of the measurement, determination, and control of aggregate economic activity; the monetary system in relation to income, prices and employment; short-term income fluctuations; and, long-term growth.

ECO 3399 Special Topics in Economics 3(3-0)
Pre-requisite: Junior Classification

Specially scheduled courses on significant issues or topics relevant to the study of economics.

ECO 4306 Economic Development 3(3-0)

This course addresses the most important economic issues faced by developing economies. A special focus is placed on Morocco and the North African and Middle Eastern Economies. Students are expected to use economic models to analyze economic questions and to assess economic impacts of development projects. They are also expected to analyze and suggest sound economic policies. Special research projects are assigned and discussed by the students in this course.