Catalog 2014–2015

Economics (ECON) Courses

College of Business and Economics

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ECON 100  Intro To Economics (3) Economic principles for non-majors. Emphasis on the applications of theory to problem solving. (Not more than 3 credits may be granted for completion of both ECON 100 and ECON 150 at Hawaii Community College.)

ECON 130  Intro To Microeconomics (3) (Formerly 201) How individual prices are determined. Efficient consumer-producer decision making. Pre: MATH 104F or MATH 115, MATH 205 or higher; or instructor's consent.

ECON 131  Intro To Macroeconomics (3) (Formerly 200) The functioning of economic systems with emphasis on the forces determining levels of, and changes in, national income, employment and the price level. Pre: ECON 130 (formerly ECON 201).

ECON 300  Inter Macroecon Theory (3) Determination of income, employment, price levels; fiscal and monetary policies. Pre: ECON 131.

ECON 301  Inter Microecon Theory (3) Price determination under monopoly, oligopoly, and competition. Analysis of demand and cost. Pre: ECON 130, MATH 115 or MATH 205.

ECON 302  Managerial Economics (3) Application of economic and statistical concepts for business decisions. Subjects cover projection of demand and production, case analysis, problems of forecasting, multifactors and multiproducts, technological change: capital budgeting, input-output analysis, and programming techniques. Pre: QBA 361 and ECON 130.

ECON 305  Hist Of Econ Thought (3) The ideas and theories of major contributors to economic thought since the mid-18th century. The development of economic thought and the interrelationships between the several branches of economic theory. Pre: ECON 130, 131.

ECON 310  Economic Development (3) Analysis of growth, structural change, development patterns, foreign investment, foreign trade, and development policies and strategies; emphasis on Far East and South Pacific Islands. Pre: ECON 130, 131. (GenEd/IntReq: H/A/P)

ECON 330  Hawaiian Economy (3) Analysis of the local and state economy in terms of structure, problems and issues as they relate to the U.S. mainland and international arena. Pre: ECON 130, 131. (GenEd/IntReq: H/A/P, HPP)

ECON 340  Money & Banking (3) Relation of monetary system to price level, employment and income; nature and functions of money and banking; role of money in international trade and inflation. Pre: ECON 131.

ECON 350  Urban-Regional Economic Analy (3) Locational analysis of economic activity. Metropolitan and regional growth and development. Pre: ECON 130, 131.

ECON 360  International Trade & Welfare (3) Theoretical analysis of international trade, current international economic problems, and trade impact on international welfare. Pre: ECON 130, 131 or instructor's consent.

ECON 361  International Finance (3) Balance of payments, foreign exchange rate policies, and their impact on domestic employment, inflation, internal and external balances, and other related topics. Pre: ECON 130, 131.

ECON 370  Government Finance (3) An explicit introduction to the behavior and objectives of government in the economic system. Analysis focuses on the rationale of nonmarket institutions and on the two groups of agents that operate government, the politicians and the bureaucrats, as these agents allocate expenditures for government activities.

ECON 380  Natural Resource Env Eco (3) An analytical framework for examining the relationships among environmental quality, natural resource use, and economic and political systems; analysis of circumstances that give rise to environmental problems, resource use conflicts, and possible policy solutions to these problems and conflicts. The course will emphasize issues pertaining to Hawaiʻi. Pre: ECON 130.

ECON 390  Econometrics (3) Use of mathematical and statistical techniques to model and test the reality of economic theory, tests of hypotheses and forecasting. Pre: MATH 121 or QBA 260.

ECON 414  Economics & Politics in Games (3) Game theory is a mathematical tool used in a variety of fields such as economics, political science, law, sociology, biology, and computer science. The purpose of this course is to provide an introduction to game theory and to explore its applications to Economics and Politics. Theoretical components studied in the course are basic equilibrium notions (Nash equilibrium, subgame perfect equilibrium) in normal-form and extensive-form games, including signaling and repeated games. Pre: ECON 130 and MATH 115 or MATH 205.

ECON 415  SE Asia-China Econ Relations (3) Analysis of Southeast Asia-China economic relations. China's role in economic development of Southeast Asian nations, the bilateral economic relations between each of the Southeast Asian countries and China, the ASEAN-China multilateral relations and the importance of the ASEAN-China Free Trade Agreement to the future of the region and the world. (GenEd/IntReq: H/A/P)

ECON 416  Asia-Pacific Econ Integration (3) Analysis of Asia-Pacific economic cooperation. Trade agenda of the Asia-Pacific as a whole and the free trade perspectives of each sub-region and each country. The importance of the Asia-Pacific free trade area and prospects for linking the region with the rest of the world. Opportunity and strategies for the US' trade with the region. Pre: ECON 130 and ECON 131, or instructor's consent. (GenEd/IntReq: HPP)

ECON 430  Quantitative Forecasting (3) Introductory level of forecasting for business and economics with an emphasis on Hilo and Hawaiʻi economies and businesses. Topics include time series techniques, linear regression forecasts, several miscellaneous forecasting models, and forecasting evaluation. Pre: QBA 260 or MATH 121 or instructor's consent.

ECON x94 Special Topics in Subject Matter (Arr.) (IO) Special topics chosen by the instructor. Course content will vary. May be repeated for credit, provided that a different topic is studied. Additional requirements may apply depending on subject and topic.

ECON x99 Directed Studies (Arr.) (IO) Statement of planned reading or research required. Pre: instructor’s consent.

Undergraduate Courses