A B.A. or B.S. degree in Economics is offered in both the College of Liberal Arts and Sciences and the College of Business. Faculty, course descriptions, and the major requirements in the College of Business are listed in the Department of Economics and Economics (ECN) and Quantitative Business Analysis (QBA).
ECONOMICS—B.A. OR B.S.
The program in Economics consists of 45 semester hours of course work, 24 of which, at a minimum, must be in economics, and the remainder in closely related fields to be selected from the “Approved List of Related Field Courses” in consultation with the faculty advisor.
The following lower-division courses are required and must be counted as part of the 45-hour major:
| ECN 111 | Macroeconomic Principles SB (3) |
| ECN 112 | Microeconomic Principles SB (3) |
| MAT 210 | Brief Calculus N1 (3) |
| STP 226 | Elements of Statistics N2 (3) |
| Total: 12 |
While MAT 210 meets the minimum mathematics requirement to major in Economics, all Economics majors who anticipate going on to graduate school in economics or in business or to law school are encouraged to take MAT 270 Calculus with Analytic Geometry I offered in sections taught via the “reform” calculus method. The relevant section line numbers are available from the Department of Mathematics. Majors are encouraged to pursue further course work in mathematics. MAT 270 may be taken in lieu of MAT 210.
To qualify for upper-division course work in economics, the Economics major must earn a minimum grade of “C” in each of the previously listed courses, have junior class standing (56 semester hours), and have a minimum cumulative GPA of 2.50. ECN 313 Intermediate Macroeconomic Theory and ECN 314 Intermediate Microeconomic Theory are required and should be taken after the completion of the previously listed courses and before other upper-division courses in economics.
Credit earned by an Economics major in ECN 484 Economics Internship, whether as a legislative intern or through the Department of Economics Internship Program (and ECN 493 Honors Thesis), may not be used to satisfy the minimum 24 hours of economics course work requirement. However, up to six hours of ECN 484 and 493 may be used to meet the related fields requirement. See “Major Requirements.”
Latin American Studies Certificate or Emphasis. Students majoring in Economics may elect to pursue a Latin American Studies Certificate or Emphasis, combining courses from the major with selected outside courses of wholly Latin American content. See “Latin American Studies” for more information.
MINORS IN ECONOMICS
Minor in General Economics. The minor in General Economics consists of 18 semester hours of credit which includes ECN 111 and ECN 112 plus any 12 hours of upper-division economics courses for which all prerequisites have been met.
Minors in General Economics are encouraged to take calculus and statistics, which are prerequisites for ECN 313 Intermediate Macroeconomic Theory and ECN 314 Intermediate Microeconomic Theory so that these courses might be included in the minor. The College of Business does not permit its professional program students to enroll in this minor.
Minor in Economics for Students Planning a Career in Law. One of the most dramatic recent developments in law is the integration of economic analysis in legal theory and decision making. Curricula at all major law schools reflect this change. Consequently, future lawyers are being trained with courses that rely increasingly on microeconomic theory and econometrics.
The applications of economics to law have moved beyond the traditional areas of antitrust and regulation. First-year law courses now include microtions to contracts, torts, criminal law, property, and constitutional law.
The minor in Economics for Students Planning a Career in Law provides an opportunity for prospective law students to take courses that provide them with analytical tools essential for the study of law. The prelaw minor consists of a minimum of 18 semester hours. The College of Business does not permit its professional program students to enroll in this minor.
Required courses are as follows:
| ECN 111 | Macroeconomic Principles SB (3) |
| ECN 112 | Microeconomic Principles SB (3) |
| ECN 314 | Intermediate Microeconomic Theory SB (3) |
| ECN 450 | Law and Economics L2 (3) |
| ECN 453 | Government and Business (3) |
| Total: 15 |
Also required is at least one additional course from the following:
| ACC 316 | Managerial Uses of Accounting (3) |
| ECN 421 | Earnings and Employment L2/SB (3) |
| ECN 480 | Introduction to Econometrics N2 (3) |
| ECN 494 | Public Choice (3) |
| FIN 361 | Managerial Finance (3) |
SECONDARY EDUCATION—B.A.E.
The minor teaching field consists of 21 semester hours. ECN 111 Macroeconomic Principles and ECN 112 Microeconomic Principles and MAT 210 Brief Calculus are required. The remainder must be approved by the advisor in consultation with the student.
Social Studies. See “Secondary Education—B.A.E., Social Studies.”
GRADUATE PROGRAMS
The faculty in the Department of Economics offer programs leading to the M.S. and Ph.D. degrees. Consult the Graduate Catalog for requirements.
Faculty and course descriptions are listed in the Department of Economics and Economics (ECN) and Quantitative Business Analysis (QBA).
1998–99 General Catalog Table of Contents
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