2024-2025 Undergraduate Catalog

Major in Economics (BA/BS)

Economics provides a framework to analyze a wide variety of issues in business, society and politics. Economics majors go on to excel in careers in business, politics, health, education, poverty, and the environment.

The Department of Economics offers a Bachelor of Arts (BA) and a Bachelor of Science (BS) in Economics, including three main options for students: 1) Business Economics; 2) Liberal Arts Economics; and 3) Mathematical Economics (see listing under interdepartmental programs).

Business Economics students are required to take the Miller College of Business core requirements.

Liberal Arts Economics offers five concentrations: General, Economics and Law, Financial Economics, Health Economics and Public Policy, and Political Economy. Liberal Arts Economics students all take the Economics Liberal Arts Core Requirements and required courses for each concentration.

Concentration Credit Hours Overview

Requirements

*Scroll down to see each concentration and specific courses required.

Business 72

Intended for students interested in pursuing careers in the business world of finance, management, marketing, and more. Also a great choice for students planning to pursue a master of business administration (MBA).

Miller College of Business Core, Required Courses, Electives
Liberal Arts: General 33-35 Flexible option for a major in economics Liberal Arts Core Requirements, Electives
Liberal Arts: Economics and Law 39-41 Intended for students interested in pursuing a degree in law or career in politics Liberal Arts Core Requirements, Required Courses, Electives
Liberal Arts: Financial Economics 39-42 Prepares students for many professional positions in areas such as corporate finance, investment management, commercial and retail banking, asset analysis, policy and program analysis, and insurance. Liberal Arts Core Requirements, Required Courses, Elective
Liberal Arts: Health Economics and Public Policy 39-41 Geared toward students in the College of Health who wish to double major in economics as well as economics students who wish to focus on public health Liberal Arts Core Requirements, Required Course, Electives
Liberal Arts: Political Economy 39-41 Designed for students with interests in analyzing public policy using Economics and related disciplines. Liberal Arts Core Requirements, Required Courses, Electives

Business Concentration, 72 credits

Miller College of Business core, 48 credits

ACC 201Principles of Financial Accounting

3

ACC 202Principles of Managerial Accounting

3

BL 260Principles of Business Law

3

ECON 201Elementary Microeconomics

3

ECON 202Elementary Macroeconomics

3

ECON 221Business Statistics

3

FIN 300Principles of Finance

3

ISOM 210Business Information Systems

3

ISOM 249Foundations of Business Communication

3

ISOM 351Operations Management

3

MATH 125Quantitative Reasoning

3

MGT 300Managing Behavior in Organizations

3

MCOB 100Introduction to the Miller College of Business

1

MCOB 200Job Search Skills

1

MCOB 300Transition to the Profession

1

MKG 300Principles of Marketing

3

MGT 491Business Policy and Strategic Management

3

BA 205Foundations of Business Analytics

3

Required Courses, 9 credits

ECON 301Intermediate Microeconomics

3

ECON 302Intermediate Macroeconomics

3

ECON 321Advanced Business Statistics

3

or

ECON 424Introduction to Econometrics

3

Other Electives, 6 credits from

300-400 level ECON course (3 or 6 credits)

3-6

ACC 301Financial Accounting and Reporting I

3

ACC 302Financial Accounting and Reporting II

3

BA 305Introduction to Business Analytics

3

BA 310Data Visualization for Business Analytics

3

BA 345Data Mining for Business Analytics

3

FIN 301Intermediate Finance

3

FIN 310Investments

3

FIN 410Portfolio Management

3

MGT 361Foundations of Human Resource Management and Employee Relations

3

MGT 365Employment Law

3

MKG 310Consumer Behavior

3

MKG 350Marketing Research and Analytics

3

Economics Electives, 9 credits from

300-400-level ECON electives

9

Total Credit Hours: 72

Liberal Arts Concentrations, 33-42 credits

General Concentration, 33-35 credits

The general track in liberal arts offers a flexible option for a major in economics. Students in this track must first complete the Liberal Arts Core Courses and then complete the electives listed below.

Liberal Arts Core Requirements, 18-20 credits

Courses required for all Liberal Arts concentrations.

ECON 201Elementary Microeconomics

3

ECON 202Elementary Macroeconomics

3

ECON 301Intermediate Microeconomics

3

ECON 302Intermediate Macroeconomics

3

ECON 221Business Statistics

3

or

MATH 221Probability and Statistics

3

or

MATH 321Mathematical Statistics

4

MATH 132Brief Calculus

3

or

MATH 161Applied Calculus 1

3

or

MATH 165Calculus 1

4

9 credits from

300-400-level ECON electives

9

6 credits from

ECON 300-400-level ECON

or

ACC 201Principles of Financial Accounting

3

ACC 202Principles of Managerial Accounting

3

FIN 300Principles of Finance

3

FIN 320Markets and Institutions

3

Total Credit Hours:33-35

Economics and Law Concentration, 39-41 credits

The track in Economics and Law offers an option for economics majors interested in pursuing a degree in law or career in politics. Students in this track must first complete the Liberal Arts Core Courses and the Economics and Law electives listed below.

Liberal Arts Core Requirements, 18-20 credits

Courses required for all Liberal Arts concentrations.

ECON 201Elementary Microeconomics

3

ECON 202Elementary Macroeconomics

3

ECON 301Intermediate Microeconomics

3

ECON 302Intermediate Macroeconomics

3

ECON 221Business Statistics

3

or

MATH 221Probability and Statistics

3

or

MATH 321Mathematical Statistics

4

MATH 132Brief Calculus

3

or

MATH 161Applied Calculus 1

3

or

MATH 165Calculus 1

4

Required courses

ECON 346Economic Analysis of Legal Issues

3

PHIL 200Symbolic Logic

3

POLS 130American National Government

3

6 credits from

ECON 310American Economic History/Development from the Civil War to the Present

3

ECON 311Environmental Economics

3

ECON 331Labor Economics

3

ECON 332Labor Relations and Law

3

ECON 345The Economics of Government Budgets

3

ECON 351International Economics

3

ECON 370Industrial Organization

3

6 credits from

ECON 300-400-level ECON

or

BL 260Principles of Business Law

3

BL 363Uniform Commercial Code Law

3

CJC 250Introduction to Criminal Courts/Judiciary

3

CJC 251Criminal Law

3

CJC 350Criminal Evidence and Procedure

3

POLS 210Political Science Research Methods

3

POLS 447Environmental Law and Policy

3

POLS 443American Constitutional Law

3

POLS 444Constitutional Liberties

3

POLS 455Administrative Law

3

Total Credit Hours:39-41

Financial Economics Concentration, 39-42 credits

Financial Economics prepares students for many professional positions in areas such as corporate finance, investment management, commercial and retail banking, asset analysis, policy and program analysis, and insurance. The financial economics option is particularly suited for students interested in a double major in either economics and actuarial science or economics and mathematical sciences. Students in this track must complete the Liberal Arts Core Courses above and the Financial Economics electives.

Liberal Arts Core Requirements, 18-20 credits

Courses required for all Liberal Arts concentrations.

ECON 201Elementary Microeconomics

3

ECON 202Elementary Macroeconomics

3

ECON 301Intermediate Microeconomics

3

ECON 302Intermediate Macroeconomics

3

ECON 221Business Statistics

3

or

MATH 221Probability and Statistics

3

or

MATH 321Mathematical Statistics

4

MATH 132Brief Calculus

3

or

MATH 161Applied Calculus 1

3

or

MATH 165Calculus 1

4

Required courses

ACC 201Principles of Financial Accounting

3

ACC 202Principles of Managerial Accounting

3

ACC 301Financial Accounting and Reporting I

3

ECON 424Introduction to Econometrics

3

or

MATH 428Regression and Time Series Models

3

FIN 300Principles of Finance

3

FIN 310Investments

3

or

MATH 454Statistics for Risk Modeling

4

3 credits from

ACC 302Financial Accounting and Reporting II

3

ECON 441The Theory of Monetary Policy

3

FIN 301Intermediate Finance

3

FIN 410Portfolio Management

3

Total Credit Hours:39-42

Health Economics and Public Policy Concentration, 39-41 credits

The Health Economics concentration is geared toward students in the College of Health who wish to double major in economics, as well as economics students who wish to additionally focus in public health. Students in this track must complete the Liberal Arts Core Courses and the Health Economics and Public Policy electives listed below.

Liberal Arts Core Requirements, 18-20 credits

Courses required for all Liberal Arts concentrations.

ECON 201Elementary Microeconomics

3

ECON 202Elementary Macroeconomics

3

ECON 301Intermediate Microeconomics

3

ECON 302Intermediate Macroeconomics

3

ECON 221Business Statistics

3

or

MATH 221Probability and Statistics

3

or

MATH 321Mathematical Statistics

4

MATH 132Brief Calculus

3

or

MATH 161Applied Calculus 1

3

or

MATH 165Calculus 1

4

Required Course, 3 credits

ECON 348Health Economics

3

6 credits from

ECON 311Environmental Economics

3

ECON 321Advanced Business Statistics

3

ECON 331Labor Economics

3

ECON 345The Economics of Government Budgets

3

ECON 346Economic Analysis of Legal Issues

3

ECON 370Industrial Organization

3

ECON 424Introduction to Econometrics

3

ECON 485Urban Economics

3

6 credits from 300-400 level ECON electives

ECON 300-400-level ECON

6 credits from

*Other health-related courses may count toward the 6 credits with permission of the Economics Department Chair.

HSC 180Principles of Public Health

3

HSC 200Introduction to the Public Health Profession

3

HSC 367Drug Dependency and Abuse

3

HSC 368Consumer Health Issues

3

HSC 387Biostatistics and Epidemiology

3

Total Credit Hours:39-41

Political Economy Concentration, 39-41 credits

The concentration in Political Economy is designed for students with interests in analyzing public policy using Economics and related disciplines. The concentration is excellent preparation for many post-graduate options, especially law school and public policy, and students will have the opportunity to participate in programs with the Institute for the Study of Political Economy. Students in this track must first complete the Liberal Arts Core Courses above and then complete the electives listed below.

Liberal Arts Core Requirements, 18-20 credits

Courses required for all Liberal Arts concentrations.

ECON 201Elementary Microeconomics

3

ECON 202Elementary Macroeconomics

3

ECON 301Intermediate Microeconomics

3

ECON 302Intermediate Macroeconomics

3

ECON 221Business Statistics

3

or

MATH 221Probability and Statistics

3

or

MATH 321Mathematical Statistics

4

MATH 132Brief Calculus

3

or

MATH 161Applied Calculus 1

3

or

MATH 165Calculus 1

4

Required courses, 9 credits from

Choose any 3 of the following 6 courses. Other upper-division Economics electives may be substituted with approval of the Economics Department Chair.

ECON 310American Economic History/Development from the Civil War to the Present

3

ECON 345The Economics of Government Budgets

3

ECON 346Economic Analysis of Legal Issues

3

ECON 416History of Economic Doctrines

3

ECON 441The Theory of Monetary Policy

3

ECON 461Comparative Economic Systems

3

Economics electives, 6 credits

Choose any 2 additional upper-division Economics courses.

ECON 300-400-level ECON

Political Economy interdisciplinary electives, 3 credits

Choose 1 course in Philosophy from the following list.

PHIL 203Social Philosophy

3

PHIL 300History of Ancient Philosophy

3

PHIL 302History of Modern Philosophy

3

PHIL 306Contemporary Philosophy

3

Political Economy interdisciplinary electives, 3 credits

Choose 1 course in Political Science from the following list.

POLS 280Comparative Politics and Global Studies

3

POLS 381Developing Countries in a World Economy

3

POLS 312Classical Grand Strategy

3

POLS 313European Grand Strategy

3

POLS 395Politics of the Global Economy

3

Total Credit Hours:39-41

Total Credit Hours: 33-42