About TC  |  Future Students   The Loo  |  Parents  |  Fac/Staff  | Employment  |  Give Today
Department of Economics
Course Descriptions
 

Economics Courses (ECO)

  ECO 211
Principles of Macroeconomics
   
   

An introductory course designed to familiarize the student with the basic concepts of economic theory. The first semester focuses on macroeconomic theory and the second semester focuses on microeconomic theory. Prerequisites: MAT 102 and ENG 102

Credit: 3 Semester Hours

 
             
  ECO 212
Principles of Microeconomics
   
   

An introductory course designed to familiarize the student with the basic concepts of economic theory. The first semester focuses on macroeconomic theory and the second semester focuses on microeconomic theory. Prerequisites: MAT 102 and ENG 102

Credit: 3 Semester Hours

 
             
  ECO 221
Intermediate Microeconomic Theory
   
   

A course designed for the theoretical analysis of consumer behavior, the allocation of resources in production, the behavior of firms in perfect and imperfect completion, and the concept of optimum allocation of resources within the economy.
Prerequisites: ECO 211 and 212


Credit: 3 Semester Hours

 
             
  ECO 217
Economics of Labor
   
   

The theory of wages, the problem of unemployment, economics of insecurity, industrial disputes, industrial accidents, development and aims of labor unions, employers and associations.
Prerequisite: ECO 211 and 212

Credit: 3 Semester Hours

 
             
  ECO 222
Intermediate Macroeconomic Theory
   
   

A study of aggregate economics with a theoretical analysis of income and employment determinants, economic fluctuations and the role of government fiscal and monetary policies in economic stabilization.
Prerequisite: ECO 211 and 212

Credit: 3 Semester Hours

 
             
  ECO 241
Money and Banking
   
   

A survey of the role and purpose of money, banking institutions, control of the money and capital markets, international monetary arrangements, and other topics concerning the impact of money and financial institutions.
Prerequisite: ECO 211 and 212

Credit: 3 Semester Hours

 
             
  ECO 312
Money and Banking
   
   

A review of the application of mathematical techniques to the formulation of economic models and the solution of economic problems. Special focus will be given to the development of the general optimization model.
Prerequisite: ECO 221 and 222

Credit: 3 Semester Hours

 
             
  ECO 314
Public Finance
   
   

The broad purpose of this course is to study the role of government in economic decision making, a role that is pervasive and important in all modern societies. This includes the role of the government as a tax collector, a spender, and its allocation effect.
Prerequisite: ECO 211 and 212

Credit: 3 Semester Hours

 
             
  ECO 315
Independent Study
   
   

The student is given a chance to investigate areas not covered in courses offered by the Department or to study in greater depth a selected topic encountered in an Economics course. The student will register using the appropriate course code based on the area of study selected. The student will work with an instructor, setting the goals of the semester and designing the reading and research to be completed. A series of short papers or one long paper typically result from the student’s work. Students can apply a maximum of three credit hours in independent study towards fulfilling their elective requirements in Economics. It cannot be substituted for any other course offered by the Department.

Credit: 3 Semester Hours

 
             
  ECO 316
Independent Study
   
   

The student is given a chance to investigate areas not covered in courses offered by the Department or to study in greater depth a selected topic encountered in an Economics course. The student will register using the appropriate course code based on the area of study selected. The student will work with an instructor, setting the goals of the semester and designing the reading and research to be completed. A series of short papers or one long paper typically result from the student’s work. Students can apply a maximum of three credit hours in independent study towards fulfilling their elective requirements in Economics. It cannot be substituted for any other course offered by the Department.

Credit: 3 Semester Hours

 
             
  ECO 317
Internship
   
   

The student is allowed to engage in field work (under professional supervision) that is designed to provide applied experience related to the student’s major interest. The student will register using the appropriate course code based on the area of internship. Prerequisite: Junior and senior departmental major and consent of the instructor. Students can apply a maximum of three credit hours in internship towards fulfilling their elective requirements in Economics. It cannot be substituted for any other course offered by the Department.

Credit: 3 Semester Hours

 
             
  ECO 318
Internship
   
   

The student is allowed to engage in field work (under professional supervision) that is designed to provide applied experience related to the student’s major interest. The student will register using the appropriate course code based on the area of internship. Prerequisite: Junior and senior departmental major and consent of the instructor. Students can apply a maximum of three credit hours in internship towards fulfilling their elective requirements in Economics. It cannot be substituted for any other course offered by the Department.

Credit: 3 Semester Hours

 
             
  ECO 325
International Economics
   
   

Principles of international trade, balance of payments, trade policies and agreements.
Prerequisite: ECO 211 and 212

Credit: 3 Semester Hours

 
             
  ECO 411
Seminar in Current Economic Issues
   
   

A topic of current economic interest to be offered according to student demands and faculty availability.
Prerequisite: ECO 211 and 212

Credit: 3 Semester Hours

 
             
  ECO 413
Industrial Economics
   
   

This course is designed to give students a good understanding of various market organizations such as perfect competition, oligopoly etc. and their production and pricing structures. This in addition to how these various market structures interact both at the sector and the macro level and how public policy (Antitrust Laws) could be effectively used to bring their operations to socially desired outcomes.

Credit: 3 Semester Hours

 
             
  ECO 453
Research Methodology for Decision Making
   
   

A course devoted to the study of basic research design and diverse research methodologies available for solving business problems. Students are expected to identify a specific business problem, design the research methodology and present a report on their findings.

Credit: 3 Semester Hours

 
             
  ECO 315
English Literature Survey
   
   

Major authors and works in English literature from its beginning through the early twentieth century. Required of all English Majors.
Prerequisite: ENG 101-102 or ENG 103-104 and ENG 210


Credit: 3 Semester Hours

 
 

Accounting (ACC)

  ACC 151
Principles of Accounting
   
   

The first semester focuses on basic accounting conventions and methodology for the preparation and use of financial data.

Credit: 3 Semester Hours

 
             
  ACC 152
Principles of Accounting II
   
   

The second semester focuses on interpretation of accounting to other aspects of the firm, and the strengths and limitations of accounting as a tool of management are also explored.
Prerequisites: ACC 151

Credit: 3 Semester Hours

 
             
  ACC 251
Intermediate Accounting
   
   

A study of the accounting principles applicable to the content, evaluation, and presentation of the principal ledger items. An analysis will be given on such topics as financial statements, working capital and operations, and reorganization.
Prerequisite: ACC 152

Credit: 3 Semester Hours

 
             
  ACC 252
Intermediate Accounting II
   
   

A study of the accounting principles applicable to the content, evaluation, and presentation of the principal ledger items. An analysis will be given on such topics as financial statements, working capital and operations, and reorganization.
Prerequisite: ACC 251

Credit: 3 Semester Hours

 
             
  ACC 271
Cost Accounting
   
   

Cost accounting principles and concepts are applied to cost systems. Problems peculiar to manufacturing enterprises, preparation of cost statements, and the solving of cost problems will be studied.
Prerequisite: ACC 152

Credit: 3 Semester Hours

 
             
  ACC 455
Topics Course
   
   

This course is a study of auditing theory and procedures with emphasis on acceptable accounting principles and on professional issues faced by auditors. Topics discussed include verifying accounting data, preparing reports, and examining auditor liability in the preparation of financial statements.
Prerequisite: ACC 252

Credit: 3 Semester Hours

 
 

Business Administration Courses (BUS)

  BUS 161
Fundamentals of Business
   
   

A basic course in business which will consider various applied aspects of running a business.

Credit: 3 Semester Hours

 
             
  BUS 216
Marketing
   
   

This course provides a broad introduction to marketing concepts, the role of marketing in society and the firm, and the various factors that influence marketing decision-making. It seeks to help students develop insights about creative selection of target markets, and blending decisions related to product, price, promotion, and place (i.e. the marketing mix) to meet the needs of a target market.
Prerequisite: BUS 161

Credit: 3 Semester Hours

 
             
  BUS 217
Insurance
   
   

This course is designed to provide basic understanding of business, property, and liability insurance principles. It gives an overview of insurance theories, concepts, loss exposures, and risk management.
Prerequisite: BUS 161

Credit: 3 Semester Hours

 
             
  BUS 261
The Legal Environment of Business
   
   

Study of the functioning of the legal system as a framework for modern business. The law of contracts, bailment and commercial paper will be considered first semester.

Credit: 3 Semester Hours

 
             
  BUS 265
Principles of Management
   
   

This course prepares students to be managers by stressing the following points: Planning, organizing, influencing, and controlling.

Credit: 3 Semester Hours

 
             
  BUS 313
Business Finance
   
   

An introductory course concerned with the financial functions of business and how they can be carried out effectively. Topics such as the management of assets, short and long term sources of funds and capital budgeting principles will be covered.
Prerequisite: ACC 152, SSD 215, and MAT 104

Credit: 3 Semester Hours

 
             
  BUS 351
Management Science I
   
   

The primary objectives are to familiarize students with the vocabulary of management science, to acquaint them with some of the capabilities of management science in various types of managerial situations and to develop an ability to construct and analyze simple management science models in order to make good decisions.

Credit: 3 Semester Hours

 
 

Hotel and Hospitality Management Courses (HTM)

  HTM 221
Introduction to the Hospitality Industry
   
   

A comprehensive survey of the lodging, foodservice, and travel industries emphasizing their historical development and current trends by examining the social, economic, technological, and geographic factors contributing to their evolution. Basic operating principles and industry concepts and terms are stressed. Guest lectures are featured affording students the opportunity to discuss hospitality careers with local industry executives and leaders.

Credit: 3 Semester Hours

 
             
  HTM 222
Food and Beverage Management
   
   

This course is designed to introduce students to the basic techniques of food and beverage production and a commercial kitchen environment. Topics include purchasing, receiving, storage, preparation, equipment use and maintenance.

Credit: 3 Semester Hours

 
             
  HTM 223
Hospitality Sales and Marketing
   
   

Application of marketing theories to the hospitality industry. Emphasis on consumer behavior, market opportunities, marketing research and strategies, marketing plans, and Case studies.

Credit: 3 Semester Hours

 
             
  HTM 224
Legal Environment in the Hospitality Industry
   
   

Nature and function of law and legal institutions in society; with emphasis on those areas of law most relevant to hospitality operations. Topics include attributes of hotels, licensing, regulation, hotel-guest and restaurant patron relationship, obligations of hotels, guest property, rights of hotels and restaurants, sale of alcoholic beverages, and travel industry law.

Credit: 3 Semester Hours

 
             
  HTM 225
International Tourism
   
   

This course will examine the world of international tourism as a modern cultural activity. It will emphasize world geography and traveler flows, political environments and security relationships, government planning and destination development, economic development strategies and international competition.

Credit: 3 Semester Hours

 
             
  HTM 226
Hospitality Supervision
   
   

Principles and practices of service management as applied to the hospitality firm. Emphasis will be upon the human resource component of the organization as well as the practical application of theoretical concepts.

Credit: 3 Semester Hours

 
             
  HTM 227
Internship
   
   

Under the supervision of an HTM faculty member, the student will intern at the site of a participating organization, which directs the intern, a specific research project. Readings and other research activities may be assigned.

Credit: 3 Semester Hours

 
             
  top  top        
             
     
 
     
 
     
 
     
         
                 
  © Copyright 2011  |  Tougaloo College  •  500 West County Line Road  •  Tougaloo, MS 39174  •  601.977.7700