B.A. in Economics
- B.A. in Economics
- Economics -Concentration In Data Analytics In Economics, BA
- Economics- Concentration In Environmental Economics, BA
B.A. IN ECONOMICS
The requirement of 30 hours in economics must include, from among the following, 17 hours of core courses and 13 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:
| Code | Title | Hours |
|---|---|---|
| Core Courses | ||
| ECON 1150 | Principles Of Macroeconomics | 3 |
| or ECON 1155 | Principles of Macroeconomics with Data Applications | |
| ECON 1200 | Principles Of Microeconomics | 3 |
| ECON 2810 | Introduction to Econometrics | 3 |
| ECON 3150 | Intermediate Macroeconomic Theory | 3 |
| ECON 3200 | Intermediate Micro-Economic Theory | 3 |
| ECON 4940 | Economics Internship | 1-4 |
| ECON 2000 | Economics Proseminar | 1 |
| Economics Electives | ||
| Select 13 hours, chosen in consultation with the Economics Advisor | 13 | |
| MATH 1850 | Single Variable Calculus I (or equivalent) 1 | 4-5 |
| or MATH 1730 | Calculus with Applications to Business and Finance | |
| MATH 2600 | Introduction To Statistics (or equivalent) | 3 |
| or BUAD 2060 | Business Statistics | |
| or SOC 3290 | Social Statistics | |
| Total Hours | 37-41 | |
- 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.
EARLY ADMISSION TO MASTER’S DEGREE PROGRAM IN ECONOMICS
A special opportunity exists for undergraduate students at the University of Toledo interested in pursuing a Master’s of Arts Degree in Economics. Being evaluated by the same criteria as graduate students, undergraduate students have the opportunity to apply advanced-level work to their undergraduate degree requirements while, at the same time, securing a significant “head start” toward satisfying the requirements for a master’s degree in Economics. Qualifying undergraduate students are allowed to apply particular courses (and associated credit hours) towards both their undergraduate and graduate degree requirements.
If accepted into this program undergraduate students may register for up to 3 graduate-level Economics courses (9 credit hours). Because the M.A. degree in Economics requires 30 credit hours of graduate-level work, students who complete 8 of those hours as an undergraduate student have to complete only 22 additional credit hours as a graduate student to receive their master’s degree.
Undergraduate students with a declared major or minor in Economics and a cumulative GPA in Economics courses of 3.3 or higher are eligible for this program. Students accepted into this program must consult and receive prior approval from the Department of Economics’ graduate director as to which courses at the University of Toledo may be applied for dual credit toward both undergraduate and graduate degree requirements. Students interested in this program are encouraged to speak with the Department of Economics’ Chair, graduate director, or undergraduate advisor for additional information and the application form for this program.
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:
| Code | Title | Hours |
|---|---|---|
| Core Courses | ||
| ECON 1150 | Principles Of Macroeconomics | 3 |
| ECON 1200 | Principles Of Microeconomics | 3 |
| ECON 2810 | Introduction to Econometrics | 3 |
| ECON 3150 | Intermediate Macroeconomic Theory | 3 |
| ECON 3200 | Intermediate Micro-Economic Theory | 3 |
| Electives | ||
| Select 3 hours, chosen in consultation with the Economics Advisor | 3 | |
| 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) | ||
or MATH 1730 | Calculus with Applications to Business and Finance | |
| Introduction To Statistics (or equivalent) | ||
or BUAD 2060 | Business Statistics | |
| Total Hours | 30 | |
- 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:
| Code | Title | Hours |
|---|---|---|
| Core Courses | ||
| ECON 1150 | Principles Of Macroeconomics | 3 |
| ECON 1200 | Principles Of Microeconomics | 3 |
| ECON 2810 | Introduction to Econometrics | 3 |
| ECON 3150 | Intermediate Macroeconomic Theory | 3 |
| ECON 3200 | Intermediate Micro-Economic Theory | 3 |
| 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 | ||
or ECON 3270 | 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) | ||
or MATH 1730 | Calculus with Applications to Business and Finance | |
| Introduction To Statistics (or equivalent) | ||
or BUAD 2060 | Business Statistics | |
| Total Hours | 30 | |
- 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
- Economics -Concentration In Data Analytics In Economics, BA
- Economics- Concentration In Environmental Economics, BA
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.
| First Term | Hours | |
|---|---|---|
| AR 1000 | First Year Orientation | 1 |
| ENGL 1110 | College Composition I | 3 |
| ECON 1150 or ECON 1155 | 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 | |
| Hours | 16 | |
| 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 | ||
| Social Statistics | ||
| HIST 1010-HIST 1200 Arts/Humanities Core (History) | 3 | |
| Hours | 16 | |
| 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 | |
| Hours | 15 | |
| 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 | |
| Hours | 16 | |
| 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 | |
| Hours | 15 | |
| Sixth Term | ||
| ECON Major Elective 3000-4000 level | 3 | |
| Diversity of US | 3 | |
| Related or minor course (WAC) | 3 | |
| Related or minor course | 6 | |
| Hours | 15 | |
| Seventh Term | ||
| ECON Major Elective 3000-4000 level | 3 | |
| Related course | 3 | |
| Elective | 9 | |
| Hours | 15 | |
| Eighth Term | ||
| ECON Major Elective 3000-4000 level | 3 | |
| Elective | 9 | |
| Hours | 12 | |
| Total Hours | 120 | |
- 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.
| First Term | Hours | |
|---|---|---|
| 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 | |
| Hours | 16 | |
| 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 | |
| Hours | 16 | |
| 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 | |
| Hours | 15 | |
| 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 | |
| Hours | 16 | |
| 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 | |
| Hours | 13 | |
| Sixth Term | ||
| ECON 3810 | Applied Econometrics | 3 |
| Diversity of US | 3 | |
| Related or minor course (WAC) | 3 | |
| Related or minor course | 6 | |
| Hours | 15 | |
| Seventh Term | ||
| ECON 4810 | Econometrics Models And Methods I | 3 |
| Related course | 3 | |
| Elective | 9 | |
| Hours | 15 | |
| Eighth Term | ||
| ECON 4820 | Econometrics Models And Methods II | 3 |
| DANN 4000 | Proseminar in Data Analytics II | 2 |
| Elective | 9 | |
| Hours | 14 | |
| Total Hours | 120 | |
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.
| First Term | Hours | |
|---|---|---|
| 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 | |
| Hours | 16 | |
| 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 | |
| Hours | 16 | |
| 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 | |
| Hours | 15 | |
| 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 | |
| Hours | 16 | |
| Fifth Term | ||
| ECON 3240 or ECON 3270 | 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 | |
| Hours | 15 | |
| Sixth Term | ||
| ECON 3300 | BENEFIT-COST ANALYSIS | 3 |
| Diversity of US | 3 | |
| Related or minor course (WAC) | 3 | |
| Related or minor course | 6 | |
| Hours | 15 | |
| Seventh Term | ||
| ECON 4240 or ECON 5240 | Applied Environmental Economics or Applied Environmental Economics | 3 |
| Related course | 3 | |
| Elective | 9 | |
| Hours | 15 | |
| Eighth Term | ||
| ECON 4280 or ECON 5280 | Energy Economics or Energy Economics | 3 |
| Elective | 9 | |
| Hours | 12 | |
| Total Hours | 120 | |
- PLO 1: Identification abilities. Students will demonstrate the ability to identify and describe economic phenomena using economic terms and concepts from the provided information and data.
- PLO 2: Analytic and quantitative abilities. Students will demonstrate the ability to analyze economic model and its implications using graphical and quantitative tools. Students will demonstrate the ability to analyze economic data.
- PLO 3: Application abilities. Students will demonstrate the ability to apply economic theory to a range of economic problems.
- PLO 4: Communication skills. Student written work and/or oral presentations will demonstrate the ability to convey, interpret, and summarize ideas effectively in terms of content, clarity, syntax, and organization of information.