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Minor in Accounting
A minor in accounting is available to students in any major within the University.
Students wishing to pursue the minor must obtain a copy of the Authorization for
Accounting Minor Form from the School of Business, complete and return it to the
School of Business advisor, signed by the student’s current economics advisor. An
overall GPA of 2.33 is required at the time of application.
Accounting minors need a 2.33 cumulative GPA in the five courses taken in the
minor. A student may transfer to the minor up to six credit hours of comparable
accounting courses, with grades of C (2.00) or better, from accredited institutions.
The minor in accounting is 15 credit hours, and normally consists of the following
courses: ACC 110, ACC 211, and three additional accounting courses. Please refer
to the Department of Accounting and Finance minor in the School of Business sec-
tion of this catalog for a complete listing of these courses.
Minor in Mathematics
A minor in mathematics is available to students in any major within the
University. Students wishing to pursue the minor must be in good standing with the
University and submit a Declaration of Minor form to the USM Registrar. This form
is available online at: www.usm.maine.edu/advising/network/formbank.php. The
minor in mathematics is 22 credit hours to include the following courses: COS 160,
COS 170, MAT 152D, MAT 153, MAT 290. Additionally, select two MAT courses
with a second digit 5 or greater (we recommend MAT 295 Linear Algebra).
All courses taken to satisfy the requirements for a minor in mathematics must be
completed with a cumulative GPA of at least 2.0.
Note also the interdisciplinary minor in labor studies, which is described in the
College of Arts and Sciences section of this catalog.
ECO 106I Economic, Social, and Cultural ECO 305 Research Methods in Economics
Change Measures of central tendency, basic probability the-
Students will explore connections among major ory, and hypothesis testing will be discussed. With a
socioeconomic transformations (e.g., the spread of focus on economic data, the relationship between
market relations, industrialization, and new tech- random variables will be examined using linear
ECO 310 Money and Banking ECO 324 The Healthcare Workforce Crisis
This course examines the structure and operation of The course examines reasons for the labor market
the financial system with major emphasis on com- imbalances in U.S. healthcare, comparing doctors,
mercial banking; reviews the structure of the nurses, nurses aides, pharmacists, therapists, and
Federal Reserve System and analyzes the tools of technicians. Students explore the roles of each labor
policy; develops alternative monetary theories; and market segment in the problems of healthcare qual-
discusses major issues in monetary policy. ity, cost, and access. Students consider potential
Prerequisites: ECO 101J, ECO 102J. Cr 3. organizational and public policy solutions to the
workforce crisis. Prerequisite: any 100-level ECO
ECO 312 U.S. Economic Policy course. Cr 3.
This course examines currently perceived problems
of the U.S. economy. A range of views of these ECO 325 Industrial Organization
problems and associated policy proposals are con- This course investigates theories relating industrial
sidered including: free market, traditional monetary structure to company conduct and performance.
and fiscal, as well as new policy approaches. Case studies from the U.S. economy will be used to
Prerequisites: any 100-level ECO course. Cr 3. illustrate important developments in the 1970s and
1980s—internationalization, technological change,
ECO 315 Economic Development and competitiveness problems. Prerequisites: ECO
The theories and practices of interregional and interna- 101J, ECO 102J. Cr 3.
tional economic development. Special attention is
given to developmental problems of emerging nations. ECO 326 Environmental Economics
Prerequisite: any 100-level ECO course. Cr 3. This course considers the economic aspects of envi-
ronmental issues, such as pollution and environ-
ECO 316 Case Studies in International mental degradation, environmental justice, and
Development global climate change. In addressing each of these
This course provides case studies of the issues, issues we will investigate the implications of vari-
problems, and policies of economic development. ous public policy responses such as regulation, mar-
The development experience of various countries is ketable permits, and tax incentives. Prerequisite:
examined in a comparative context. Prerequisites: ECO 102J or instructor permission. Cr 3.
any 100-level ECO course. Cr 3.
ECO 327 Natural Resource Economics
ECO 321 Understanding Contemporary In this course, we will consider the economic
Capitalism aspects of natural resource management and use,
This course analyzes the character and dynamics of including the economically sustainable manage-
leading contemporary capitalist economies, empha- ment of fisheries, forests, water resources, and bio-
sizing historical, comparative, and institutional per- diversity, with applications to Maine and beyond.
spectives. These perspectives are used to address a We will investigate the implications of public poli-
wide range of contemporary economic issues, cy responses such as regulations, marketable per-
including national R&D policy, financial regulation, mits, and tax incentives. Prerequisite: ECO 102J or
public and private human resource investments, and instructor permission. Cr 3.
organizational strategies. Prerequisites: any 100-
level ECO course or instructor permission. Cr 3. ECO 330 Urban Economics
This computer-intensive course studies the growth
ECO 322 Economics of Women and Work and decline of urban regions. Census data are used
This course examines women’s post-WWII experi- to examine the dynamics of urban population
ences in paid work settings in the U.S. The class will change, with special reference to the northeastern
assess a range of theories designed to explain women’s United States. Prerequisites: ECO 102J or instructor
access to well-paying jobs and career ladders while permission. Cr 3.
maintaining family responsibilities. In addition, stu-
dents will consider the effectiveness of a variety of ECO 333 Economics and Happiness
public policies for greater labor market equity. Cr 3. Presents the limited relationship between economic
well-being and happiness. Students will learn differ-
ECO 323 U.S. Labor and Employment ing assessments and determinants of happiness as
Relations presented by economists, psychologists, and neuro-
This course considers the evolution of 20th-century scientists. In addition, they will examine the influ-
U.S. labor relations, particularly the competing for- ence of ethics, altruism, and cooperation on well-
tunes of union and non-union labor relations mod- being and will conclude by examining policy impli-
els, as well as the impact of changing institutions on cations. Prerequisite: ECO 101J or ECO 102J or
labor markets. It also surveys the evolving perspec- instructor permission. Cr 3.