Economics

The economics major provides students with a rigorous and engaging curriculum designed to empower students to understand how societies allocate scarce resources, how societies create incentives that affect the behavior of individuals and firms, intentionally or not, and how the dynamics of trade influences the destiny of societies. Students will understand the impacts on societies of strong markets, the consequences of attenuated markets, and the implications of our dependence on critical resources that lack markets altogether. With a firm grounding in the core theories of economics, students will be prepared to build careers in a variety of social or technical fields or to pursue graduate studies in economics.

The Economics Major
The Economics Minor
Course Descriptions

The Economics Major
(36-37 semester hours)

Required:
ECON 101    (3)    Principles of Microeconomics
ECON 102    (3)    Principles of Macroeconomics
ECON 201    (3)    Intermediate Microeconomics
ECON 202    (3)    Intermediate Macroeconomics
ECON 227    (3)    Methods of Economic Analysis
ECON 332    (3)    Econometrics
MATH 123    (3)    Calculus I

Senior Exercise:
ECON 452    (3)    Senior Seminar

Choose 1of the following courses:
MATH 106    (3)    Statistical Reasoning
MATH 205    (3)    Applied Statistics (recommended)

Choose 3 additional 3-credit courses in economics at the 200-level or above. One of the following courses may be used toward this requirement.

BUSN 210    (4)    Finance and Business Valuation
ENVR 316    (3)    Geographic Information Systems I
GOVT 235   (3)    Business, Government, and the Economy
GOVT 235   (3)    The Political Economy of International Development

NOTE: For the major in economics, the P/CR/NC grading option may not be exercised for any course which could count toward the major, with the exception of ECON 261, ECON 361, and ECON 461. Additional information about the P/CR/NC grading option is available under the Academic Regulations heading in this catalog.



The Economics Minor
(24 semester hours)

Required:
ECON 101    (3)    Principles of Microeconomics
ECON 102    (3)    Principles of Macroeconomics
ECON 201    (3)    Intermediate Microeconomics
ECON 202    (3)    Intermediate Macroeconomics
MATH 123    (3)    Calculus I

Choose 1of the following courses:
MATH 106    (3)    Statistical Reasoning
MATH 205    (3)    Applied Statistics (recommended)

Choose 2 additional 3-credit courses in economics at the 200-level or above.

NOTE:
For the minor in economics, the P/CR/NC grading option may not be exercised for any course which could count toward the minor, with the exception of ECON 261, ECON 361, and ECON 461. Additional information about the P/CR/NC grading option is available under the Academic Regulations heading in this catalog.


Course Descriptions

BUSN 210

| Finance and Business Valuation

ECON 101

| Principles of Microeconomics

ECON 102

| Principles of Macroeconomics

ECON 201

| Intermediate Microeconomics

ECON 202

| Intermediate Macroeconomics

ECON 221

| Theory of Financial Markets

ECON 227

| Methods of Economic Analysis

ECON 234

| Game Theory

ECON 248

| Labor Economics

ECON 261

| Directed Study

ECON 313

| International Finance and Macroeconomics

ECON 316

| Industrial Organization and Government Policy

ECON 325

| Public Finance

ECON 332

| Econometrics

ECON 342

| Ecological Economics

ECON 361

| Special Study

ECON 377

| Internship

ECON 452

| Senior Seminar

ECON 461

| Independent Study

ENVR 316

| Geographic Information Systems I

GOVT 235

| Business, Government, and the Economy

GOVT 246

| The Political Economy of International Development

MATH 106

| Statistical Reasoning

MATH 205

| Applied Statistics