Economics (ECON) Courses

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 Hawaiʻi Community College.) (Attributes: DS)

ECON 130 Intro To Microeconomics (3) How individual prices are determined. Efficient consumer-producer decision making. Pre: One MATH course numbered 125 or higher (any one of which can be taken concurrently); or instructor's consent. (Attributes: DS)

ECON 131 Intro To Macroeconomics (3) The functioning of economic systems with emphasis on the forces determining levels of, and changes in, national income, employment and the price level. (Attributes: DS, GQ)

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, One MATH course numbered 125 or higher.

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: ECON 130.

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. (Attributes: GAHP)

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. (Attributes: DS, GQ, GS)

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 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 115 or QBA 260.

ECON 414 Global Topics in Game Theory (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 introduce to game theory and to explore its applications. Topics include but not limited to, deterrence, crisis bargaining, people, war, and terrorism. Pre: ECON 130

ECON 417 Health Economics (3) This course applies economic theory to examine the production of health. Issues such as asymmetric information, externalities, and indirect or third party payment are examined. The use of cost/benefit analysis, and reimbursement of expenses on healthcare organizations will be discussed. Pre: ECON 130

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 115 or instructor's consent.

ECON 482 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, especially sustainable development and climate change. This course is dual listed with CBES 682.

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ECON x94 Special Topics in Subject Matter (Arr.) 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.) Statement of planned reading or research required. Pre: instructor’s consent.