Courses Offered

Below is a complete listing of undergraduate Economics courses. Please see the UWM Schedule of Classes to view which classes are currently being offered.

ECON 100 Introductory Economics
3 cr. Undergraduate.
A one semester survey of current national and international economic problems. Useful as preparation for Econ 103 and 104. Not required of economics majors.
Prerequisites: none.
General Education Requirements: SS
Course Rules: Not open for cr to students who have cr in Econ 103 & 104.
Last Taught: Summer 2021, Spring 2021, Fall 2020, Summer 2020.

ECON 103 Principles of Microeconomics
3 cr. Undergraduate.
Economic reasoning; price determination, specialization, and efficiency. Applications include international trade, antitrust, environmental protection, highway congestion.
Prerequisites: none.
General Education Requirements: SS
Last Taught: Summer 2021, Spring 2021, Fall 2020, Summer 2020.

ECON 104 Principles of Macroeconomics
3 cr. Undergraduate.
Composition of national income, interrelationship of sectors; determination of national income and productivity; relationship between national income, inflation, money, interest rates; U.S. global economies interaction.
Prerequisites: none.
General Education Requirements: SS
Last Taught: Summer 2021, Spring 2021, Fall 2020, Summer 2020.

ECON 110 Economics of Personal Finance
1 cr. Undergraduate.
Economics of personal financial management; development of successful financial skills; activity-based course with assignments emphasizing students' individual situations.
Prerequisites: none.
Course Rules: No cr for students who have cr in Econ 258 w/same topic.
Last Taught: Summer 2021, Spring 2021, Fall 2020, Summer 2020.

ECON 193 First-Year Seminar:
3 cr. Undergraduate.
The specific topics are announced in the Schedule of Classes each time the class is offered.
Prerequisites: none.
General Education Requirements: SS
Course Rules: Open only to freshmen. Students may earn cr in just one L&S First-Year Sem (course numbers 192, 193, 194).
Last Taught: Fall 2020, Fall 2019, Fall 2018, Fall 2017.

ECON 199 Independent Study
1-3 cr. Undergraduate.
For further information, consult dept chair.
Prerequisites: 2.0 GPA; consent of instructor, department chair, and Assistant Dean for Student Academic Services.
Course Rules: May be retaken to 6 cr max.
Last Taught: Spring 2018, Fall 2016, Spring 2008, Fall 2005.

ECON 210 Economic Statistics
3 cr. Undergraduate.
Basic probability and statistics; numerical and graphical methods of describing data, elementary probability, random variables and probability distributions, hypothesis testing, simple linear regression.
Prerequisites: Math 105(P), or Math 108(P), or Math Placement Level 30 or higher.
General Education Requirements: QLB
Last Taught: Spring 2021, Fall 2020, Spring 2020, Fall 2019.

ECON 231 Analysis of American Industries
3 cr. Undergraduate.
Performance of key U.S. industries (e.g. education, beer, cars, medicinal drugs, radio, television, sports, steel, food, music recording); their responses to changing national/international economic conditions.
Prerequisites: soph st; Econ 103(P).

ECON 248 Economics of Discrimination
3 cr. Undergraduate.
Use of economic theory to examine the history, current status, and policies regarding various minority groups in the United States. Applications include education, housing, jobs.
Prerequisites: none.
General Education Requirements: CD, SS
Last Taught: Spring 2021, Fall 2020, Spring 2020, Fall 2019.

ECON 258 Selected Topics in Economics:
1-3 cr. Undergraduate.
Focus on special topics not normally discussed in detail in other existing courses.
Prerequisites: soph st; cons instr.
Course Rules: May be retaken w/chg in topic to 9 cr max.
Last Taught: Spring 2020, Spring 2019, Spring 2018, Spring 2008.

ECON 289 Internship in Economics, Lower Division
1-6 cr. Undergraduate.
Application of basic principles of economics in a business, organizational, educational, political, or other appropriate setting.
Prerequisites: 100-level course in Econ; 2.25 gpa; cons supervising faculty member.
Course Rules: One cr granted for academic work based on 40 hrs in the internship. May be retaken to 6 cr max.
Last Taught: Summer 2004, Spring 2004, Summer 2002, Spring 1999.

ECON 297 Study Abroad:
1-12 cr. Undergraduate.
Designed to enroll students in UWM sponsored program before course work level, content and credits are determined and/or in specially prepared program course work.
Prerequisites: acceptance for Study Abroad Prog.
Course Rules: May be retaken w/chg in topic.
Last Taught: Fall 2020, Spring 2020, Fall 2019, Spring 2019.

ECON 299 Ad Hoc:
1-6 cr. Undergraduate.
Course created expressly for offering in a specified enrollment period. Requires only dept & assoc dean approval. In exceptional circumstances, can be offered in one add'l sem.
Prerequisites: none; add'l prereqs may be assigned to specific topic.
Course Rules: May be retaken w/chg in topic.

ECON 301 Intermediate Microeconomics
3 cr. Undergraduate.
Contemporary theory of consumption, production, pricing, resource allocation, and distribution.
Prerequisites: Econ 103(P).
Last Taught: Summer 2021, Spring 2021, Fall 2020, Summer 2020.

ECON 302 Intermediate Macroeconomics
3 cr. Undergraduate.
Analysis of savings, production, investment and other aggregates in the national and international economy as related to the determination of national income, inflation, and unemployment.
Prerequisites: Econ 104(P).
Last Taught: Summer 2021, Spring 2021, Fall 2020, Summer 2020.

ECON 310 Research Methods for Economics
3 cr. Undergraduate/Graduate.
Statistical research methods, especially cross-section and time-series regression, applied to evaluation of empirical literature and a directed research project.
Prerequisites: jr st; Econ 210(P) or cons instr.
Course Rules: Not open for cr to students who have cr in Econ 513(531).
Last Taught: Fall 2020.

ECON 310G Research Methods for Economics
3 cr. Undergraduate/Graduate.
Statistical research methods, especially cross-section and time-series regression, applied to evaluation of empirical literature and a directed research project.
Prerequisites: jr st; Econ 210(P) or cons instr.
Course Rules: Not open for cr to students who have cr in Econ 513(531).
Last Taught: Fall 2020.

ECON 325 Money and Banking
3 cr. Undergraduate.
Stocks, bonds, derivatives, foreign exchange. Analysis of commercial banks, investment banks, brokerages, etc. Domestic and international monetary theory and policy. Risk insurances, regulations, deregulation..
Prerequisites: Econ 104(P).
Last Taught: Spring 2021, Fall 2020, Spring 2020, Fall 2019.

ECON 328 Environmental Economics
3 cr. Undergraduate.
Evaluating public policy of environmental and natural resources. Regulation of pollution, endangered species, natural resources, and other case studies.
Prerequisites: Econ 103(P).
Last Taught: Spring 2021, Fall 2020, Spring 2020, Fall 2019.

ECON 333 Economics and Law
3 cr. Undergraduate.
Economic roles of civil/criminal law through definition/enforcement of property, contract, civil rights. Applications: breach of contract, compensation for injury, medical malpractice, sexual harassment.
Prerequisites: Econ 103(P).
Last Taught: Spring 2012.

ECON 335 Economics of Antitrust Laws
3 cr. Undergraduate.
Examination of laws intended to increase competition; their evolution through landmark cases involving price fixing, mergers toward monopoly, and unfair competition including IBM, AT&T, Microsoft.
Prerequisites: Econ 103(P).

ECON 351 Introduction to International Economic Relations
3 cr. Undergraduate.
International economics and finance, determinants and structure of international trade, commercial policy, foreign exchange markets, and balance of payments.
Prerequisites: Econ 100(P); or both 103(P) & 104(P).
Course Rules: Not open for cr to students who have cr in both Econ 454 & 455.
Last Taught: Spring 2021, Fall 2020, Spring 2020, Fall 2019.

ECON 353 Economic Development
3 cr. Undergraduate.
Examination of determinants of growth, modernization, poverty, and inequality in developing countries of Africa, Asia, and Latin America. Analysis of development strategies.
Prerequisites: Econ 103(P) & 104(P).
Last Taught: Summer 2021, Spring 2021, Fall 2020, Summer 2020.

ECON 381 Honors Seminar:
3 cr. Undergraduate.
Examination of current economic issues such as energy, environment, poverty, and human resource development.
Prerequisites: soph st; Honors 200(P); cons Honors College dir.
General Education Requirements: SS
Course Rules: May be retaken w/chg in topic to 9 cr max.
Last Taught: Fall 2016, Spring 2015, Spring 2006, Spring 2005.

ECON 404 Economic Applications of Game Theory
3 cr. Undergraduate.
Strategic interaction among decision makers. Studies multi-party decision problems of a firm, a government, or a country.
Prerequisites: jr st; Econ 301(R) or cons instr.
Last Taught: Spring 2021, Fall 2020, Spring 2020, Fall 2019.

ECON 411 Economic Forecasting Methods
3 cr. Undergraduate/Graduate.
Economic time series, analysis, forecasts. Trends, seasonality, cycles, smoothing procedures. Simulation models; sample survey methods. Extensive applications using macro and financial data. Forecasting software use.
Prerequisites: jr st; Econ 210(P); Econ 310(P) or cons instr.
Last Taught: Spring 2021.

ECON 411G Economic Forecasting Methods
3 cr. Undergraduate/Graduate.
Economic time series, analysis, forecasts. Trends, seasonality, cycles, smoothing procedures. Simulation models; sample survey methods. Extensive applications using macro and financial data. Forecasting software use.
Prerequisites: jr st; Econ 210(P); Econ 310(P) or cons instr.
Last Taught: Spring 2021.

ECON 413 Statistics for Economists
3 cr. Undergraduate/Graduate.
Elements of probability; joint marginal and conditional distributions; measures of central tendency and dispersion, calculus of expectations; central limit theorem. Estimation and testing of economic relations.
Prerequisites: jr st; Econ 210(P); Math 211(P) & cons instr, or Math 231(P). Math 232(R) & 233(R).
Last Taught: Fall 2017, Fall 2016.

ECON 413G Statistics for Economists
3 cr. Undergraduate/Graduate.
Elements of probability; joint marginal and conditional distributions; measures of central tendency and dispersion, calculus of expectations; central limit theorem. Estimation and testing of economic relations.
Prerequisites: jr st; Econ 210(P); Math 211(P) & cons instr, or Math 231(P). Math 232(R) & 233(R).
Last Taught: Fall 2017, Fall 2016.

ECON 415 Economics of Employment and Labor Relations
3 cr. Undergraduate/Graduate.
Analysis of wage setting, labor markets, human capital and collective bargaining. Study of labor standards, regulation and the role of unions and government.
Prerequisites: jr st; Econ 103(P).
Last Taught: Spring 2021.

ECON 415G Economics of Employment and Labor Relations
3 cr. Undergraduate/Graduate.
Analysis of wage setting, labor markets, human capital and collective bargaining. Study of labor standards, regulation and the role of unions and government.
Prerequisites: jr st; Econ 103(P).
Last Taught: Spring 2021.

ECON 426 Public Economics
3 cr. Undergraduate/Graduate.
Economic analysis of government and policy, including taxation and expenditures, policy responses to market failures, redistributional programs, and related topics.
Prerequisites: jr st; Econ 104(P) & 301(P).
Last Taught: Spring 2020, Spring 2019.

ECON 426G Public Economics
3 cr. Undergraduate/Graduate.
Economic analysis of government and policy, including taxation and expenditures, policy responses to market failures, redistributional programs, and related topics.
Prerequisites: jr st; Econ 104(P) & 301(P).
Last Taught: Spring 2020, Spring 2019.

ECON 432 Industrial Organization
3 cr. Undergraduate/Graduate.
Economic analysis of asymmetric information, barriers to competitive entry, licensing, pricing practices/transactions costs; application to markets for insurance, computers, health care, used cars, food.
Prerequisites: jr st; Econ 301(P).
Last Taught: Fall 2018, Spring 2017.

ECON 432G Industrial Organization
3 cr. Undergraduate/Graduate.
Economic analysis of asymmetric information, barriers to competitive entry, licensing, pricing practices/transactions costs; application to markets for insurance, computers, health care, used cars, food.
Prerequisites: jr st; Econ 301(P).
Last Taught: Fall 2018, Spring 2017.

ECON 447 Labor Economics
3 cr. Undergraduate/Graduate.
The economics of unions, minimum wage, poverty and welfare programs; influence of international trade on domestic labor markets. Study of labor supply and labor demand.
Prerequisites: jr st; Econ 301(P).
Last Taught: Spring 2020, Spring 2019.

ECON 447G Labor Economics
3 cr. Undergraduate/Graduate.
The economics of unions, minimum wage, poverty and welfare programs; influence of international trade on domestic labor markets. Study of labor supply and labor demand.
Prerequisites: jr st; Econ 301(P).
Last Taught: Spring 2020, Spring 2019.

ECON 448 Economics of Human Resources
3 cr. Undergraduate/Graduate.
The economics of education, training, discrimination, and workplace incentives. Study of hiring, promotion, and job search.
Prerequisites: jr st; Econ 103(P) or cons instr.
Last Taught: Fall 2020.

ECON 448G Economics of Human Resources
3 cr. Undergraduate/Graduate.
The economics of education, training, discrimination, and workplace incentives. Study of hiring, promotion, and job search.
Prerequisites: jr st; Econ 103(P) or cons instr.
Last Taught: Fall 2020.

ECON 450 Health Economics
3 cr. Undergraduate/Graduate.
Efficiency of medical care, health insurance and access to care, alternative models of health care delivery, health behaviors and public policy.
Prerequisites: jr st; Econ 103(P).
Last Taught: Spring 2021.

ECON 450G Health Economics
3 cr. Undergraduate/Graduate.
Efficiency of medical care, health insurance and access to care, alternative models of health care delivery, health behaviors and public policy.
Prerequisites: jr st; Econ 103(P).
Last Taught: Spring 2021.

ECON 454 International Trade
3 cr. Undergraduate/Graduate.
Why countries trade; who wins, who loses; facts about world trade; political economy of trade. Balance of payments, Asian crisis, European Union, American wage dispersion.
Prerequisites: jr st; Econ 301(P).
Last Taught: Fall 2018, Spring 2018.

ECON 454G International Trade
3 cr. Undergraduate/Graduate.
Why countries trade; who wins, who loses; facts about world trade; political economy of trade. Balance of payments, Asian crisis, European Union, American wage dispersion.
Prerequisites: jr st; Econ 301(P).
Last Taught: Fall 2018, Spring 2018.

ECON 455 International Finance
3 cr. Undergraduate/Graduate.
International monetary system; spot and foreign exchange markets; balance of payments; international adjustment mechanisms; international finance policy; history and institution.
Prerequisites: jr st; Econ 302(P).
Last Taught: Fall 2020.

ECON 455G International Finance
3 cr. Undergraduate/Graduate.
International monetary system; spot and foreign exchange markets; balance of payments; international adjustment mechanisms; international finance policy; history and institution.
Prerequisites: jr st; Econ 302(P).
Last Taught: Fall 2020.

ECON 458 Selected Topics in Economics:
3 cr. Undergraduate/Graduate.
Variable content course designed to focus on special topics not normally discussed in detail in other existing courses.
Prerequisites: jr st & cons instr.
Course Rules: May be retaken w/chg in topic.
Last Taught: Fall 2016, Fall 2015.

ECON 458G Selected Topics in Economics:
3 cr. Undergraduate/Graduate.
Variable content course designed to focus on special topics not normally discussed in detail in other existing courses.
Prerequisites: jr st & cons instr.
Course Rules: May be retaken w/chg in topic.
Last Taught: Fall 2016, Fall 2015.

ECON 489 Internship in Economics, Upper Division
1-6 cr. Undergraduate.
Application of advanced principles of economics in a business, organizational, educational, political, or other appropriate setting.
Prerequisites: jr st; 300-level or above course in Econ; 2.25 gpa; cons supervising faculty member.
Course Rules: One cr granted for academic work based on 40 hrs in the Internship. May be retaken to 6 cr max.
Last Taught: Spring 2021, Fall 2020, Summer 2020, Spring 2020.

ECON 497 Study Abroad:
1-12 cr. Undergraduate/Graduate.
Designed to enroll students in UWM sponsored program before course work level, content, and credits are determined and/or in specially prepared program course work.
Prerequisites: jr st; acceptance in Study Abroad Prog.
Course Rules: May be retaken w/chg in topic.
Last Taught: Fall 2019, Spring 2019.

ECON 497G Study Abroad:
1-12 cr. Undergraduate/Graduate.
Designed to enroll students in UWM sponsored program before course work level, content, and credits are determined and/or in specially prepared program course work.
Prerequisites: jr st; acceptance in Study Abroad Prog.
Course Rules: May be retaken w/chg in topic.
Last Taught: Fall 2019, Spring 2019.

ECON 499 Ad Hoc:
1-6 cr. Undergraduate.
Course created expressly for offering in a specified enrollment period. Requires only dept & assoc dean approval. In exceptional circumstances, can be offered in one add'l sem.
Prerequisites: jr st; add'l prereqs may be assigned to specific topic.
Course Rules: May be retaken w/chg in topic.
Last Taught: Fall 2002, Fall 1993.

ECON 506 Mathematical Economics I
3 cr. Undergraduate/Graduate.
Mathematical techniques used in economic analysis, including calculus and matrix algebra. Applications include optimizing behavior of firms and consumers.
Prerequisites: jr st; Econ 301(P); Math 211(P) & cons instr, or Math 231(P). Math 232(R) & 233(R).
Last Taught: Fall 2020.

ECON 506G Mathematical Economics I
3 cr. Undergraduate/Graduate.
Mathematical techniques used in economic analysis, including calculus and matrix algebra. Applications include optimizing behavior of firms and consumers.
Prerequisites: jr st; Econ 301(P); Math 211(P) & cons instr, or Math 231(P). Math 232(R) & 233(R).
Last Taught: Fall 2020.

ECON 513 Introduction to Econometrics
3 cr. Undergraduate/Graduate.
Multiple regression, generalized least squares, specification analysis, multicollinearity, multiple equations including simultaneous equations.
Prerequisites: jr st; Econ 413(P).
Last Taught: Spring 2017, Spring 2015.

ECON 513G Introduction to Econometrics
3 cr. Undergraduate/Graduate.
Multiple regression, generalized least squares, specification analysis, multicollinearity, multiple equations including simultaneous equations.
Prerequisites: jr st; Econ 413(P).
Last Taught: Spring 2017, Spring 2015.

ECON 525 The Economics of Water
3 cr. Undergraduate/Graduate.
Comprehensive development of water resource economics for engineers, scientists, and economists; analysis of the public and private sector economics of water resources.
Prerequisites: jr st; Econ 103(P); Math 231(P); a statistics course; or cons instr.

ECON 525G The Economics of Water
3 cr. Undergraduate/Graduate.
Comprehensive development of water resource economics for engineers, scientists, and economists; analysis of the public and private sector economics of water resources.
Prerequisites: jr st; Econ 103(P); Math 231(P); a statistics course; or cons instr.

ECON 606 Mathematical Economics II
3 cr. Undergraduate/Graduate.
Difference and differential equations applied to economic variables such as human capital, consumption, learning, energy use, and pollution. Essential preparation for graduate work.
Prerequisites: jr st; Econ 506(P).
Last Taught: Spring 2021.

ECON 606G Mathematical Economics II
3 cr. Undergraduate/Graduate.
Difference and differential equations applied to economic variables such as human capital, consumption, learning, energy use, and pollution. Essential preparation for graduate work.
Prerequisites: jr st; Econ 506(P).
Last Taught: Spring 2021.

ECON 699 Independent Work
1-3 cr. Undergraduate.
Prerequisites: jr st, 2.0 GPA; consent of instructor, Department Chair, and Assistant Dean for Student Academic Services.
Course Rules: May be retaken with change in topic.
Last Taught: Summer 2021, Spring 2021, Fall 2020, Summer 2020.