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Major and Related Courses

  • Economics 201# and 202, Mathematics 131# and 136
  • 15 hours core courses including Economics 101, 102, 324, 325, 453
  • 18 hours from the following: Economics 301, 306, 317, 404, 415 or 416 (not both), 417, 425, 426, 429, 430, 437, 444,450, 452, 455, 460, 465, 470, 495r, 497r, 498r, 499r; Accounting 201; Finance 302 (BACC 202 is prerequisite) Other courses may be substituted with approval of department.
  • 2.0 average in all economics courses.
  • Minimum of 39 hours of 300 and 400 level courses.
  • Electives to complete 120 hours.
  • An economics major may earn a maximum of 30 credit hours in the College of Business. This limit does not apply to students seeking the double major or degree in business and economics.
  • Additional requirements.

*Also satisfies requirement in the major.
#Also satisfies general education requirement.

4550 - ECONOMICS MINOR

A student may obtain a minor in economics by taking Economics 101 and 102 plus 12 hours from the following courses: Economics 202 and/or any 300 or 400 level economics courses (minimum of 18 hours).

Minimum 2.0 average in the minor.

ECONOMICS COURSES (ECON)

101 Principles of Economics: Macroeconomics (3)

A study of national income and its determination, money and banking, economic fluctuations, fiscal and monetary policy, economic growth, and international economics. An introduction to the study of human behavior and the human condition in the context of macroeconomic forces. Every semester. Economics 101 and Economics 102 can be taken in either order.

102 Principles of Economics: Microeconomics (3)

A study of the market system, the price system, forms of business organization, government and business, labor and distribution. An introduction to the study of human behavior and the human condition in the context of microeconomic forces. Every semester. Economics 101 and Economics 102 can be taken in either order.

199r Special Projects (1-3)

Individual and group projects. On demand. Maximum credit 3 hours.

201 Statistics for Economics I (3)

Basic concepts of data collection and presentation, descriptive and inferential statistics, probability, sampling distributions, estimation and hypothesis testing with emphasis of economic data and problems. On demand. Prerequisites: Economics 101, 102 and Mathematics 135. No credit allowed after Management 211, Mathematics 210 or equivalent.

202 Statistics for Economics II (3)

Statistical inference with an emphasis on regression, a primary tool in economic analysis. Computer applications. Prerequisites: Economics 201. No credit allowed after Management 212 or equivalent.

301 Money and Banking (3)

Development and analysis of the American monetary system and commercial and central banking; special attention to analysis and evaluation of monetary policies. Every semester. Prerequisites: Economics 101, 102.

306 Public Finance (3)

Public expenditures and revenues, principles of taxation, public debt, and fiscal policy. On demand. Prerequisites: Economics 101, 102.

317 Labor Economics and the Labor Process (3)

Theories of labor markets, the labor process, and income distribution. Economic aspects of issues such as discrimination, education and unemployment. On demand. Prerequisites: Economics 101, 102.

324 Intermediate Microeconomic Theory (3)

Survey of developments in economic analysis; price determination, including considerable study of demand and cost theory; imperfect competition. On demand. Prerequisites: Economics 101, 102.

325 Intermediate Macroeconomic Theory (3)

Introduction to contemporary theory of income and employment; emphasis on the essential principles and concepts used in the determination of the level of income and employment, the rate of economic growth, and the general price level. Every semester. Prerequisites: Economics 101, 102.

404 International Economics (3)

The classical and modern theories of international trade; international trade accounting; exchange rates; tariffs and other restrictions on trade; recently created agencies and programs to promote international economic relationships; the influence of international economic relationships on world politics. On demand. Prerequisites: Economics 101, 102, or equivalent.

415, 416 Economic History of the United States (3, 3)

First half from colonial period to 1873. Origins, development, and expansion of the American economy with emphasis on roles of government and business. Relationship between economic growth and social development designed to provide perspective on problems of modern society. 415 fall/416 spring semester alternate years. May be registered as History 415, 416.

417 Women in the Economy (3)

The role of women in the U.S. economy. An economic analysis of women’s labor force participation, discrimination against women in the labor market, women’s paid and unpaid work, the child care industry, and female poverty. On demand. Prerequisites: 101, 102 or approval of instructor. May be registered as Women’s Studies 417. Credit not allowed in both Economics 417 and Women’s Studies 417.

425 Industrial Organization (3)

The structure of industry, business conduct, and economic performance; analysis of antitrust law and government regulation. Every semester. Prerequisites: Economics 101, 102.

426 Comparative Economic Systems (3)

Theoretical and empirical examination of various economic systems with emphasis on current capitalist and socialist economies. Objectives and outcomes of market and planned economies are compared. On demand. Prerequisites: Economics 101, 102.

429 Managerial Economics (3)

The solution of business problems by use of economic theory, accounting, marketing methods, financial techniques, etc. On demand. Prerequisites: Economics 101, 102; Management 212, and Mathematics 136.

430 Environmental Economics (3)

An economic study of environmental issues and alternative solutions to them. Topics include measurement of cost and benefits, property rights and externalities, pollution control, and past, present, and future environmental policy and regulations. On demand. Prerequisites: Economics 101, 102.

437 Health Care Economics (3)

Supply and demand for health care; government programs affecting health care markets; health care providers as business firms, including hospitals, pharmaceutical firms, individual and group medical practices, health and malpractice insurance providers and HMOs. The role of government will be covered in all of these areas. Health care systems in other countries will be studied and compared to the system in the United States. Prerequisites: Economics 102.

444 Economics of Underdeveloped Areas (3)

Factors underlying economic progress of nations and geographic areas; analysis of resources, manufacturing and agricultural productivity, saving and investment, trade, monetary and banking system, and fiscal system. On demand. Prerequisites: Economics 101, 102, or graduate standing.

450 Marxian Political Economy (3)

An introduction to Marxian thought in general and Marxian economic theory in particular. Marxian analysis of theories of value and distribution, including modern radical economics. On demand. Prerequisites: Economics 101, 102.

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