Undergraduate Catalog

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Economics

Professors Blair, Eisenhauer (chair), Fichtenbaum, Olson, Osborne, Premus, Sav, Traynor
Associate Professors Dung, Hopkins

Assistant Professors Naidu, Todorova
Lecturer Endres

"Economics" comes from the Greek oikos, meaning "house," and nemein, meaning "to manage." Economics is the social science that studies how people manage their resources. In modern economies this includes an individual deciding on how to use her time; a family managing its budget; a small business controlling its cost; a cultural organization planning its priorities; a city balancing a tight budget with demands for services; a large company working to control the cost of health insurance for its employees; a national government fighting unemployment, poverty, or inflation; and the world community reducing air emissions of mercury and climate-altering greenhouse gases.

Economics is the foundation of all the applied business disciplines, including accounting, finance, marketing, and management. Students can major in economics in either Liberal Arts (B.A. degree) or Business (B.S. degree). The economics program equips students to pursue careers in business and government, prepares them for graduate study in economics, business, or law. Graduates of the program have achieved success as analysts, managers, and leaders in a wide variety of business, public sector, and nonprofit enterprises. Our graduates are employed as professional economists in such areas as urban economics, workforce and training analysis, business forecasting, school finance consulting, health care systems analysis, budget analysis, market consulting, government procurement, government cost analysis, stock and bond brokerage, insurance, and banking. Some graduates are entrepreneurs with their own companies, and others continue their education in the department's Master of Science in Social and Applied Economics program.

Members of the faculty serve as academic advisors for our majors. Candidates for a Bachelor of Arts degree with a major in economics are required to take a minimum of 56 credit hours in the Department of Economics. Basic courses are supplemented by economics electives. A grade of C or higher must be earned in EC 204 and EC 205 prior to registering for 300-level courses.

Bachelor of Arts Degree
See General Education Requirements

General Education Requirements 52

Required Course:
Area VI: EC 290
   
Departmental Requirements 56

Related Requirements 28-30
Foreign Language and Research Methods 16-24

Electives 30-40

Total 192

Minor in Economics

Any student in the university may earn a minor in economics. The economics minor consists of two courses in principles of economics (EC 204 and EC 205) and four economics electives at the junior or senior level (300 or 400 level courses). A grade of C or better must be obtained in EC 204 and EC 205. The economics electives will count as business electives for the Bachelor of Science in Business students. Students can be admitted to the economics minor after they have been admitted to their major program.
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