B.A. in Economics

B.A. IN ECONOMICS

The requirement of 30 hours in economics must include, from among the following, 15 hours of core courses and 15 hours of electives including at least one WAC course in Economics.

In the major area, 21 hours are to be taken under the regular grading system; the P/NC option is available for the remaining 9 hours and for all related courses.

Economics majors are required to take the following courses:

Core Courses
ECON 1150Principles Of Macroeconomics3
or ECON 1155 Principles of Macroeconomics with Data Applications
ECON 1200Principles Of Microeconomics3
ECON 2810Introduction to Econometrics3
ECON 3150Intermediate Macroeconomic Theory3
ECON 3200Intermediate Micro-Economic Theory3
Economics Electives
Select 15 hours, chosen in consultation with the Economics Advisor15
Related Courses 1
MATH 1850Single Variable Calculus I (or equivalent) 14-5
or MATH 1730 Calculus with Applications to Business and Finance
MATH 2600Introduction To Statistics (or equivalent)3
or BUAD 2060 Business Statistics
Total Hours37-38
1

Majors are encouraged to meet the mathematics and statistics requirements at an early stage of their course work. Students must meet those requirements by choosing one calculus and one statistics course.  Majors are encouraged to meet the mathematics and statistics requirements at an early stage of their coursework. For the calculus requirement, students may be exempted from this prescribed requirement through the successful completion of ECON 4300. Students who earn credit for ECON 4300 as a major elective will have the calculus requirement in the related fields waived and they may complete the required 18 credits with any electives from the published course list in the degree audit.

Economics -concentration in Data Analytics in Economics, BA

The requirement of 30 hours in economics must include, from among the following, 15 hours of core courses, 3 hours of electives including one WAC course in Economics, and 12 hours of concentration courses.

In the major area, 21 hours are to be taken under the regular grading system; the P/NC option is available for the remaining 9 hours and for all related courses.

Economics majors are required to take the following courses:

Core Courses
ECON 1150Principles Of Macroeconomics3
ECON 1200Principles Of Microeconomics3
ECON 2810Introduction to Econometrics3
ECON 3150Intermediate Macroeconomic Theory3
ECON 3200Intermediate Micro-Economic Theory3
Electives
Select 3 hours, chosen in consultation with the Economics Advisor3
Optional Concentration in Data Analytics in Economics
To earn the concentration in data analytics in economics, students must complete 12 credits from the following elective courses as part of their major:12
Proseminar in Data Analytics I
Proseminar in Data Analytics II
Applied Econometrics
Econometrics Models And Methods I
Econometrics Models And Methods II
OR a substitution of one 3/4000 economics elective that includes a required data analysis component chosen in consultation with the economics undergraduate advisor.
Related Courses 1
Single Variable Calculus I (or equivalent)
Calculus with Applications to Business and Finance
Introduction To Statistics (or equivalent)
Business Statistics
Total Hours30
1

Majors are encouraged to meet the mathematics and statistics requirements at an early stage of their course work. Students must meet those requirements by choosing one calculus and one statistics course.

 Economics- concentration in Environmental Economics, BA

The requirement of 30 hours in economics must include, from among the following, 15 hours of core courses, 3 hours of electives including at least one WAC course in Economics, and 12 hours of concentration courses.

In the major area, 21 hours are to be taken under the regular grading system; the P/NC option is available for the remaining 9 hours and for all related courses.

Economics majors are required to take the following courses:

Core Courses
ECON 1150Principles Of Macroeconomics3
ECON 1200Principles Of Microeconomics3
ECON 2810Introduction to Econometrics3
ECON 3150Intermediate Macroeconomic Theory3
ECON 3200Intermediate Micro-Economic Theory3
Elective
Select 3 hours, chosen in consultation with the Economics Advisor.3
Optional Concentration in Environmental Economics
To earn the concentration in environmental economics, students must complete four of the following elective courses as part of their major:12
Environmental Economics
Natural Resource Economics - WAC
BENEFIT-COST ANALYSIS
Applied Environmental Economics (OR alternative economics course at 3000 level or above chosen in consultation with the undergraduate economics advisor)
Energy Economics (OR alternative economics course at 3000 level or above chosen in consultation with the undergraduate economics advisor.)
Related Courses 1
Single Variable Calculus I (or equivalent)
Calculus with Applications to Business and Finance
Introduction To Statistics (or equivalent)
Business Statistics
Total Hours30
1

Majors are encouraged to meet the mathematics and statistics requirements at an early stage of their course work. Students must meet those requirements by choosing one calculus and one statistics course.

 B.A. IN ECONOMICS

Students accepted in to the BA in Economics should be academically prepared to be placed in MATH 1730 or MATH 1850. Students placing into lower MATH levels - MATH 1180, MATH 1200 or MATH 1340, are able to replace elective credits with these courses and still complete their degree within 120 hours.

Below is a sample plan of study. Consult your degree audit for your program requirements.

Plan of Study Grid
First TermHours
AR 1000 First Year Orientation 1
ENGL 1110 College Composition I 3
ECON 1150
Principles Of Macroeconomics
or Principles of Macroeconomics with Data Applications
3
MATH 1730 Calculus with Applications to Business and Finance 1 5
Elementary Foreign Language I 4
 Hours16
Second Term
ECON 1200 Principles Of Microeconomics 3
ENGL 1130 College Composition II: Academic Disciplines And Discourse 3
Elementary Foreign Language II 4
Select one of the following: (Related requirement) 3
Introduction To Statistics  
Business Statistics  
HIST 1010-HIST 1200 Arts/Humanities Core (History) 3
 Hours16
Third Term
ECON 2810 Introduction to Econometrics 3
ECON 3200 Intermediate Micro-Economic Theory 3
Social Sciences Core 3
Intermediate Foreign Language I or approved culture course 3
Arts/Humanities Core (Fine Art) 3
 Hours15
Fourth Term
ECON 3150 Intermediate Macroeconomic Theory 3
ECON Major Elective (WAC) 3
Natural Sciences Core 3
Natural Sciences Core (Lab) 1
Intermediate Foreign Language II or approved culture course 3
Arts/Humanities Core 3
 Hours16
Fifth Term
ECON Major Elective 3000-4000 level 3
Natural Sciences Core 3
Non-US Diversity 3
ENGL 2710-ENGL 2800 Arts/Humanities Core (English Lit) 3
Related or minor course 3
 Hours15
Sixth Term
ECON Major Elective 3000-4000 level 3
Diversity of US 3
Related or minor course (WAC) 3
Related or minor course 6
 Hours15
Seventh Term
ECON Major Elective 3000-4000 level 3
Related course 3
Elective 9
 Hours15
Eighth Term
ECON Major Elective 3000-4000 level 3
Elective 9
 Hours12
 Total Hours120
1

For the calculus requirement, students may be exempted from this prescribed requirement through the successful completion of ECON 4300. Students who earn credit for ECON 4300 as a major elective will have the calculus requirement in the related fields waived and they may complete the required 18 credits with any electives from the published course list in the degree audit.

 Economics -concentration in Data Analytics in Economics, BA

Students accepted in to the BA in Economics should be academically prepared to be placed in MATH 1730 or MATH 1850. Students placing into lower MATH levels - MATH 1180, MATH 1200 or MATH 1340, are able to replace elective credits with these courses and still complete their degree within 120 hours.

Below is a sample plan of study. Consult your degree audit for your program requirements.

Plan of Study Grid
First TermHours
AR 1000 First Year Orientation 1
ENGL 1110 College Composition I 3
ECON 1150 Principles Of Macroeconomics 3
MATH 1730 Calculus with Applications to Business and Finance 5
Elementary Foreign Language I 4
 Hours16
Second Term
ECON 1200 Principles Of Microeconomics 3
ENGL 1130 College Composition II: Academic Disciplines And Discourse 3
Elementary Foreign Language II 4
Select one of the following: (Related requirement) 3
Introduction To Statistics  
Business Statistics  
HIST 1010-HIST 1200 Arts/Humanities Core (History) 3
 Hours16
Third Term
ECON 2810 Introduction to Econometrics 3
ECON 3200 Intermediate Micro-Economic Theory 3
Social Sciences Core 3
Intermediate Foreign Language I or approved culture course 3
Arts/Humanities Core (Fine Art) 3
 Hours15
Fourth Term
ECON 3150 Intermediate Macroeconomic Theory 3
ECON Major Elective (WAC) 3
Natural Sciences Core 3
Natural Sciences Core (Lab) 1
Intermediate Foreign Language II or approved culture course 3
Arts/Humanities Core 3
 Hours16
Fifth Term
DANN 2000 Proseminar in Data Analytics I 1
Natural Sciences Core 3
Non-US Diversity 3
ENGL 2710-ENGL 2800 Arts/Humanities Core (English Lit) 3
Related or minor course 3
 Hours13
Sixth Term
ECON 3810 Applied Econometrics 3
Diversity of US 3
Related or minor course (WAC) 3
Related or minor course 6
 Hours15
Seventh Term
ECON 4810 Econometrics Models And Methods I 3
Related course 3
Elective 9
 Hours15
Eighth Term
ECON 4820 Econometrics Models And Methods II 3
DANN 4000 Proseminar in Data Analytics II 2
Elective 9
 Hours14
 Total Hours120

  Economics- concentration in Environmental Economics, BA

Students accepted in to the BA in Economics should be academically prepared to be placed in MATH 1730 or MATH 1850. Students placing into lower MATH levels - MATH 1180, MATH 1200 or MATH 1340, are able to replace elective credits with these courses and still complete their degree within 120 hours.

Below is a sample plan of study. Consult your degree audit for your program requirements.

Plan of Study Grid
First TermHours
AR 1000 First Year Orientation 1
ENGL 1110 College Composition I 3
ECON 1150 Principles Of Macroeconomics 3
MATH 1730 Calculus with Applications to Business and Finance 5
Elementary Foreign Language I 4
 Hours16
Second Term
ECON 1200 Principles Of Microeconomics 3
ENGL 1130 College Composition II: Academic Disciplines And Discourse 3
Elementary Foreign Language II 4
Select one of the following: (Related requirement) 3
Introduction To Statistics  
Business Statistics  
HIST 1010-HIST 1200 Arts/Humanities Core (History) 3
 Hours16
Third Term
ECON 2810 Introduction to Econometrics 3
ECON 3200 Intermediate Micro-Economic Theory 3
Social Sciences Core 3
Intermediate Foreign Language I or approved culture course 3
Arts/Humanities Core (Fine Art) 3
 Hours15
Fourth Term
ECON 3150 Intermediate Macroeconomic Theory 3
ECON Major Elective (WAC) 3
Natural Sciences Core 3
Natural Sciences Core (Lab) 1
Intermediate Foreign Language II or approved culture course 3
Arts/Humanities Core 3
 Hours16
Fifth Term
ECON 3240
Environmental Economics
or Natural Resource Economics - WAC
3
Natural Sciences Core 3
Non-US Diversity 3
ENGL 2710-ENGL 2800 Arts/Humanities Core (English Lit) 3
Related or minor course 3
 Hours15
Sixth Term
ECON 3300 BENEFIT-COST ANALYSIS 3
Diversity of US 3
Related or minor course (WAC) 3
Related or minor course 6
 Hours15
Seventh Term
ECON 4240
Applied Environmental Economics
or Applied Environmental Economics
3
Related course 3
Elective 9
 Hours15
Eighth Term
ECON 4280
Energy Economics
or Energy Economics
3
Elective 9
 Hours12
 Total Hours120
  • PLO 1: Describe opportunity cost and its importance in decision making, marginal analysis, and the importance of understanding economic incentives.
  • PLO 2: Explain the basic models of consumer and firm theory, such as the demand-supply model.
  • PLO 3: Explain economic efficiency and the mechanism by which competitive markets lead to an efficient allocation of scarce resources.
  • PLO 4: Recognize when markets fail to achieve efficiency and discuss the potential for efficiency-improving government intervention into inefficient markets.
  • PLO 5: Explain the distinction between real and nominal values, and why this matters for understanding consumer and firm behavior as well as the national economy.
  • PLO 6: Predict the impact of government fiscal and monetary policy - use of deficits, changes in the money supply, etc. - on overall economic performance.
  • PLO 7: Explain and discuss the determinants of economic growth.
  • PLO 8: Discuss the costs and causes of unemployment, and assess public policies to ameliorate it.
  • PLO 9: Assess the tradeoff between unemployment and inflation.
  • PLO 10: Apply economic models to analyze issues related to their employer's objectives, in either a profit maximizing business, or equality goals of a non-profit agency, or policy objectives of a government agency.
  • PLO 11: Use various computer applications to perform statistical analysis and interpret the results in an economically meaningful way.
  • PLO 12: Evaluate how economic concepts are used in economic analyses published in the popular media (newspapers, internet sources, etc.)