Business Economics (BE)

Course usage information

BE-200   Economics for Social ScienceCredits: 3   

Prerequisite: Any Math course with a level higher than 100.

Term Offered: All Terms

Course Type(s): None

Students are introduced to core economic concepts in four areas: (i) Introductory concepts include: decision-making under scarcity, the operation of markets and the price mechanism, and government's role in the economy. (ii) Microeconomics covers the economic analysis of consumption, production in the context of competitive and monopolistic markets, operation of labor markets, and poverty and income distribution. (iii) Macroeconomics introduces students to national product and income accounts; business cycles, inflation and unemployment; and monetary and fiscal policies. (iv) Global topics include: comparative advantage, trade and finance. Real-world applications are emphasized in all areas. For Non-Business majors.

Course usage information

BE-201   MicroeconomicsCredits: 3   

Prerequisite: MA-100 or higher-level mathematics course.

Term Offered: All Terms

Course Type(s): SS.SV

Introduction to the operation of the price mechanism; examination of the individual economic units, laws of supply and demand, market structure, and cost analysis; contemporary problems examined.

Course usage information

BE-202   MacroeconomicsCredits: 3   

Prerequisite: MA-100 or higher-level mathematics course.

Term Offered: All Terms

Course Type(s): SS.SV

Determination of the components and level of national income; applications to the problems of inflation, unemployment, and economic stabilization; financial institutions in relation to their role in public policies.

Course usage information

BE-251   Business StatisticsCredits: 3   

Prerequisites: IT-100 or IT-150; and MA-117.

Term Offered: All Terms

Course Type(s): None

Descriptive statistics, tables and charts, probability distributions, confidence intervals and hypothesis tests, linear and multiple regression, and analysis of variance.

Course usage information

BE-301   Labor EconomicsCredits: 3   

Prerequisites: BE-201 and BE-202.

Term Offered: All Terms

Course Type(s): GS

Economic and social effects of the modern industrial structure: labor groups, attitudes, problems, tactics, labor legislation, the development of industrial society of American Unionism, and the labor movement throughout the world.

Course usage information

BE-304   Money, Credit, and Financial InstitutionsCredits: 3   

Prerequisite: BE-202.

Term Offered: All Terms

Course Type(s): None

Monetary economics and its institutions; the nature and function of money; commercial and central banking; the money markets; financial intermediaries; and international monetary institutions. Also listed as BF-304.

Course usage information

BE-305   Intermediate MacroeconomicsCredits: 3   

Prerequisite: BE-202.

Term Offered: All Terms

Course Type(s): None

A study of the measurement of aggregate output and the determination of the level of aggregate income; price level movements and factors underlying rates of economic growth; influence of applicable public policies.

Course usage information

BE-307   Managerial EconomicsCredits: 3   

Prerequisites: MA-118 or MA-125, and BE-201.

Term Offered: All Terms

Course Type(s): None

Application of contemporary economic theory to managerial decisions and to public policy affecting such decisions.

Course usage information

BE-388   Cooperative Education: Economics ConcentrationCredits: 3   

Prerequisites: Junior standing or BF-301; a minimum GPA of 2.00, and completion of thirty credits, fifteen of which are earned from Monmouth University.

Term Offered: All Terms

Course Type(s): EX2

An opportunity to apply classroom theory in practice through actual work experience; includes both academic and experiential education. Experiential education involves fifteen to twenty hours of work per week for three credit hours. Academic aspects include reading assignments and a term paper. This course may be repeated for credit.

Course usage information

BE-401   Development of Economic ThoughtCredits: 3   

Prerequisites: BE-201 and BE-202.

Term Offered: All Terms

Course Type(s): None

Economic ideas from the beginning of Western civilization to the present, including mercantilist writers Adam Smith, Malthus, Ricardo, Marx, and Keynes.

Course usage information

BE-403   Economic Growth and DevelopmentCredits: 3   

Prerequisites: BE-201 and BE-202; and EN-101 and EN-102 or permission of the instructor.

Term Offered: Fall Term

Course Type(s): WT

The principal theories, factors, and problems of economic development. Empirical case studies emphasize the growth patterns in several countries, the impediments to economic growth in the underdeveloped countries, and the need to sustain growth rates in highly developed countries.

Course usage information

BE-440   Bond MarketsCredits: 3   

Prerequisites: BE-251 and BF-301.

Term Offered: All Terms

Course Type(s): None

A comprehensive review and analysis of the U.S. Bond Markets with emphasis on traditional fixed income securities and their derivative products and applications. The course will explore these studies from both a theoretical as well as practical perspective. Also listed as BF-440.

Course usage information

BE-451   Public FinanceCredits: 3   

Prerequisites: BE-202 and BA-252.

Term Offered: Spring Term

Course Type(s): None

An analysis of the revenue, expenditure, and debt activities of government and their effects on resource allocation, income distribution, price stabilization, and economic growth. Also listed as BF-451.

Course usage information

BE-455   Business ForecastingCredits: 3   

Prerequisites: BE-201, BE-202, BE-251 and MA-118 or MA-125.

Term Offered: All Terms

Course Type(s): None

Use of statistical models to study historical data and discover their underlying tendencies and patterns. Extrapolation of the current estimates from the first step into the future. Attention given to the traditional exponential Smoothing and Box-Jenkins forecasting techniques, as well as the more recent techniques of ARCH-GARCH, which deal with heteroskedastic variance over time. Substantial use of statistics and computer applications. Also listed as BF-455.

Course usage information

BE-480   Business Research: EconomicsCredits: 3   

Prerequisites: Junior standing; approval of the instructor, department chair, and the Associate Dean or the Dean.

Term Offered: All Terms

Course Type(s): None

Active participation in a research project chosen by and currently being pursued by the faculty sponsor. Student activities may include but are not limited to: literature search, data collection, data analysis, preparation of a manuscript, and delivery of a manuscript.

Course usage information

BE-488   Cooperative Education: Economics ConcentrationCredits: 3   

Prerequisites: Junior standing or BF-301; minimum GPA of 2.00, and completion of thirty credits, fifteen of which are earned at Monmouth University.

Term Offered: All Terms

Course Type(s): EX2

An opportunity to apply classroom theory in practice through actual experience; includes both academic and experiential education. Experiential education involves fifteen to twenty hours of work per week for three credit hours. Academic aspects include reading assignments and a term paper. This course may be repeated for credit.

Course usage information

BE-489   Internship in EconomicsCredits: 3   

Prerequisites: Junior standing and a minimum GPA of 2.00.

Term Offered: Spring Term

Course Type(s): EX1

An opportunity to apply classroom theory in practice through actual work experience; includes both academic and experiential learning. Experiential part involves fifteen to twenty hours of work experience per week for three credit hours; academic aspect includes reading assignments and a term paper. Students are limited to nine credits of internship electives. This course is repeatable twice for credit.

Course usage information

BE-498   Special Topics in Economics (400 Level)Credits: 1-3   

Prerequisite: As announced in the course schedule.

Term Offered: All Terms

Course Type(s): SUS

An intensive study of a particular subject or problem in economics to be announced prior to registration, conducted on either a lecture-discussion or a seminar basis.

Course usage information

BE-499   Independent Study in EconomicsCredits: 3   

Prerequisite: Prior permission of the directing professor and department chair.

Term Offered: All Terms

Course Type(s): None

Independent study on a Business Administration topic not substantially treated in a regular course; work will include scheduled conferences with sponsoring professor and written reports.