ECO

Electives 1 Select any two of the following: 6

Subject

ECO

Credits (min)

3

Credits (max)

3

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu

Principles underlying use and allocation of scarce productive resources. Consumption and production activities. Value, price, and income distribution. Considerations of economic efficiency and welfare. Gen Ed Attribute: Behavior/Soc Science Distrib Distance education offering may be available.

Subject

ECO

Credits (min)

3

Credits (max)

3

Credit unit

Credits

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu

Transfer Credits

Subject

ECO

Credits (min)

1

Credits (max)

10

Credit unit

Credits

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu

Students will acquire an understanding of the nature and scope of the economy and how it affects one's life plans and goals. Topics covered include supply and demand, financial planning, personal taxes, retirement planning, investing in stocks and bonds, portfolio management, the time value of money, managing credit cards and debt, and insurance planning. Gen Ed Attribute: Behavior/Soc Science Distrib Distance education offering may be available.

Subject

ECO

Credits (min)

3

Credits (max)

3

Credit unit

Credits

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu

Science Gen Ed 3 15 Credits 15

Subject

ECO

Credits (min)

3

Credits (max)

3

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu

This course explores the transformative impact of digital technologies on various facets of modern economies. In today's interconnected world, the proliferation of digital platforms, big data analytics, artificial intelligence, blockchain, and other emerging technologies are reshaping traditional business models and economic paradigms. This course provides students with a comprehensive understanding of the key principles, trends, challenges, and opportunities inherent in the digital economy. ECO 310 Prerequisite: Successful completion of ECO 111 or ECO 112; and minimum 2.50 cumulative GPA. Distance education offering may be available.

Subject

ECO

Credits (min)

3

Credits (max)

3

Credit unit

Credits

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu

This course focuses on the role of the Credit Risk Management organization and its vital role in assisting the generating sales while protecting cash flow. The course will draw on and illustrate several key business skills to evaluate credit risk, including business competitivenes financial analysis, negotiation, business governance, and predictive knowledge-based tools to identify and manage credit risk. ECO 331 Prerequisite: Successful completion of FIN 325. Distance education offering may be available.

Subject

ECO

Credits (min)

3

Credits (max)

3

Credit unit

Credits

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu

Analyzes the economics of decision-making at the household and personal level. Includes an extensive treatment of marriage and fertility, as well as a number of topics of contemporary interest like same-sex and interracial relationships, adoption, and drivers of inequality. ECO 333 Prerequisite: Successful completion of ECO 111 and ECO 112; and minimum 2.50 cumulative GPA.

Subject

ECO

Credits (min)

3

Credits (max)

3

Credit unit

Credits

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu

Labor economics explores how individuals improve their economic well-being through work. The course examines earnings distribution and the labor market’s role in wealth inequality. Topics include labor supply and demand, market imperfections, and the life cycle human capital model, which addresses wage growth over a lifetime. The course also covers the impact of technology, discrimination, demographic wage differences, worker turnover, and labor unions. ECO 334 Prerequisite: Successful completion of ECO 111; ECO 112; ECO 251 or MAT 121 or MAT 125; and MAT 143 or MAT 161. Distance education offering may be available.

Subject

ECO

Credits (min)

3

Credits (max)

3

Credit unit

Credits

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu

This course provides a survey of money, credit, and prices, with a focus on their impact on economic stability. It explores the role of banks and other financial institutions in the economy, as well as the function of the Federal Reserve System in credit regulation and monetary policy. ECO 335 Prerequisite: Successful completion of ECO 111 and ECO 112. Distance education offering may be available.

Subject

ECO

Credits (min)

3

Credits (max)

3

Credit unit

Credits

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu

Background and development of public policies that directly modify the free enterprise economy of the United States. Evaluation of policies that change the nature and extent of competition. ECO 336 Prerequisite: Successful completion of ECO 111 and ECO 112; and minimum 2.50 cumulative GPA. 2026-2027 CATALOG - UNDERGRADUATE DEPARTMENT OF ECONOMICS AND FINANCE

Subject

ECO

Credits (min)

3

Credits (max)

3

Credit unit

Credits

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu

This is a course that explores the theoretical foundations of international trade, focusing on why nations export what they export, and in what sense international trade is beneficial to trading countries. Current policy issues will be examined to demonstrate the usefulness as well as the limitations of the theory. In addition, the following topics are covered in International Finance: balance of payments, foreign exchange market, purchasing power parity and, topics in International Monetary Economics. ECO 338 Prerequisite: Successful completion of ECO 111 and ECO 112; and minimum 2.50 cumulative GPA. Distance education offering may be available.

Subject

ECO

Credits (min)

3

Credits (max)

3

Credit unit

Credits

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu

A continuation and extension of the price-system analysis in ECO 112. Emphasis on the need for efficiency in the economy's use of scarce productive resources. ECO 340 Prerequisite: Successful completion of ECO 111 and ECO 112; ECO 251, MAT 121, or MAT 125; MAT 143 or MAT 161; and minimum 2.50 cumulative GPA.

Subject

ECO

Credits (min)

3

Credits (max)

3

Credit unit

Credits

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu

Government's influence on stability of national income. Nature of taxes and expenditures at the various levels of government and their effect on the allocation of resources and the distribution of income. ECO 341 Prerequisite: Successful completion of ECO 111 and ECO 112; and minimum 2.50 cumulative GPA.

Subject

ECO

Credits (min)

3

Credits (max)

3

Credit unit

Credits

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu

Applies economic reasoning to the analysis of legal rules, examining both efficiency and distributional consequences. Examines the incentive effects created by property law, tort law, contract law and criminal law, along with their institutional frameworks. ECO 342 Prerequisite: Successful completion of ECO 111 and ECO 112; and minimum 2.50 cumulative GPA.

Subject

ECO

Credits (min)

3

Credits (max)

3

Credit unit

Credits

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu

Origins of economic thought and comparison of the major schools of economic doctrine. Current economic and socio-political factors. s, ECO 345 Prerequisite: Successful completion of ECO 111 and ECO 112; and minimum 2.50 cumulative GPA.

Subject

ECO

Credits (min)

3

Credits (max)

3

Credit unit

Credits

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu

This course introduces students to strategic decision-making. It considers simultaneous and sequential interactions, repeated interactions among the same players, and interactions where information is incomplete or asymmetric. It provides an applied overview of game theoretical concepts and emphasizes their use in real-world situations. The course also introduces students to the field of behavioral game theory, which integrates insights from psychology into standard economic theory. ECO 346 Prerequisite: Successful completion of ECO 111, ECO 112, and ECO 351; ECO 251 or MAT 121; MAT 143 or MAT 161; and minimum 2.50 cumulative GPA.

Subject

ECO

Credits (min)

3

Credits (max)

3

Credit unit

Credits

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu

Introduction to the theory of income, employment, and growth. Provides the analytic tools necessary for dealing with aggregate economic problems. ECO 348 Prerequisite: Successful completion of ECO 111 and ECO 112; ECO 251, MAT 121, or MAT 125; MAT 143 or MAT 161; and minimum 2.50 cumulative GPA. Distance education offering may be available.

Subject

ECO

Credits (min)

3

Credits (max)

3

Credit unit

Credits

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu

This course studies the theory and empirical evidence concerning the organization of firms and industries. It examines the structure-conduct-performance paradigm in detail, along with applications such as advertising, patents, durable goods and strategic behavior. ECO 349 Prerequisite: Successful completion of ECO 111 and ECO 112; MAT 143 or MAT 161.

Subject

ECO

Credits (min)

3

Credits (max)

3

Credit unit

Credits

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu

Economic aspects of such urban problems as poverty, housing, taxation, income distribution, and discrimination. Analysis of economic aspects of various proposed remedies, including urban renewal, family allowances, cooperatives, and others. ECO 350 Prerequisite: Successful completion of ECO 111 and ECO 112; and minimum 2.50 cumulative GPA. Gen Ed Attribute: Writing Emphasis 247

Subject

ECO

Credits (min)

3

Credits (max)

3

Credit unit

Credits

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu

This course extends student understanding of descriptive analytics through data visualization and basic statistical inference such as hypothesis testing and analysis of variance. Students will develop predictive analytics tools such as multiple regression analysis, forecasting, data mining, and spreadsheet modeling. The course will stress using statistical software beyond Microsoft Excel to address practical business applications. ECO 351 Prerequisite: Successful completion of ECO 111 and ECO 112; ECO 251, MAT 121, or MAT 125. Distance education offering may be available. Equivalent courses: ECO 252

Subject

ECO

Credits (min)

3

Credits (max)

3

Credit unit

Credits

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu

This course will develop students' business analytical skills using statistical software (e.g., R) This course emphasizes data analytics to drive business decisions. No (or little) prior coding experience is assumed. Students will gain an intuitive understanding of the analytical and economic concepts and of their proper applications to real-world data problems. Computer skills will be developed through hands-on experiences. ECO 361 Prerequisite: Successful completion of ECO 351 or STA 200; and minimum 2.50 cumulative GPA. Distance education offering may be available.

Subject

ECO

Credits (min)

3

Credits (max)

3

Credit unit

Credits

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu

Institutions today face both the challenge and the opportunity of big data. This course is designed for business students to build knowledge of data mining using R. Upon the completion of this course, students will be able to apply multiple data mining techniques, such as linear models, Discriminant Analysis, Support Vector Machines, k-Nearest Neighbors, Regression Trees, and Neural Nets, to make predictions and classification. ECO 362 Prerequisite: Successful completion of ECO 361; and minimum 2.50 cumulative GPA. Distance education offering may be available.

Subject

ECO

Credits (min)

3

Credits (max)

3

Credit unit

Credits

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu

This course will apply the basic tools of economic analysis to the various components of the health care system. Relying on microeconomic principles, we will study the behavior of participants (consumers, providers, insurers) in the health care industry. We will address some key policy issues that surround the provision of health care, as well as considering different health systems. To be successful in this course students must be able to manipulate data and formulas using a spreadsheet package such as Excel. ECO 370 Prerequisite: Successful completion of ECO 111 and ECO 112; and minimum 2.50 cumulative GPA. Distance education offering may be available.

Subject

ECO

Credits (min)

3

Credits (max)

3

Credit unit

Credits

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu

This course is designed to prepare business professionals to utilize advanced forecasting tools that are commonly used in industry and in the process to deepen their understanding of the role that such forecasting can play in business decision making. Firms continually need to make predictions about future events, including costs, sales, price movements, cash flows, asset values, and even general macroeconomic outcomes that can affect the business environment. Such predictions are regularly used to plan production, allocate resources, set budgets, determine staffing needs, and address many other things of concern to the firm. Making use of a variety of statistical modeling techniques, this course will enable the proper examination of relationships among various pieces of information that a firm has access to and make use of those relationships to project future outcomes for variables of interest. This will include developing the ability to evaluate forecast accuracy through the use of confidence ranges and a variety of statistical tests, as well as learning additional procedures to help increase that accuracy. ECO 371 Prerequisite: Successful completion of ECO 351; and minimum 2.50 cumulative GPA. Distance education offering may be available.

Subject

ECO

Credits (min)

3

Credits (max)

3

Credit unit

Credits

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu

The role of the environment in an economic system. Topics include energy economics, the economics of renewable and nonrenewable resources, and the economics of pollution. ECO 385 Prerequisite: Successful completion of ECO 111 and ECO 112; and minimum 2.50 cumulative GPA.

Subject

ECO

Credits (min)

3

Credits (max)

3

Credit unit

Credits

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu

Transfer Elective Upper Level Repeatable for credit. 248

Subject

ECO

Credits (min)

1

Credits (max)

10

Credit unit

Credits

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu

Provides the skills and tools required in business and economic research. Covers research ethics, hypothesis development, data collection, multivariate analysis, and regression. Senior Economics majors only. ECO 400 Prerequisite: Successful completion of ECO 340, ECO 348, and ECO 351; and minimum 2.50 cumulative GPA. Gen Ed Attribute: Writing Emphasis

Subject

ECO

Credits (min)

3

Credits (max)

3

Credit unit

Credits

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu

The internship is open to majors in economics only. It is intended to enhance the student's educational experience by providing substantive, professional work experience.

Subject

ECO

Credits (min)

3

Credits (max)

6

Credit unit

Credits

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu

The internship is open to majors in economics only. It is intended to enhance the student's educational experience by providing substantive, professional work experience.

Subject

ECO

Credits (min)

3

Credits (max)

6

Credit unit

Credits

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu

Provides in depth coverage of a major current topic in Economics The topics could range from current monetary policy to economic issues in China. ECO 414 Prerequisite: Successful completion of ECO 111 and ECO 112; and minimum 2.50 cumulative GPA.

Subject

ECO

Credits (min)

3

Credits (max)

3

Credit unit

Credits

Type

course

Edition

2026-2027-undergraduate

Source

catalog.wcupa.edu