# Courses

Economics has a B.A. in the College of Science

__WHAT YOU WILL NEED?__

**120 Credit Hours**

Principles of Economics - 6 credits

Theory of Economics - 6 credits

Data Analytics - 3 credits

Statistics - 3 credits

ECON Electives - 15 credits

General Education

- Curriculum for Liberal Education (33-35 credits) Prior to Fall 2018
- Pathways General Education (47-49 credits) After Fall 2018

Free Electives (38-54 credits)

__Econ Course Descriptions__

__ECON 2005, Microeconomic Principles__ - Introductory course in the basic concepts of Microeconomics such as Supply and Demand, Types of Markets, and Activities of Firms and Households.

__ECON 2006, Macroeconomic Principles__ - Introductory course in the basic concepts of Macroeconomics such as Gross Domestic Product, Unemployment, Price Level and Inflation, Loanable Funds, Growth Theory, Aggregate Supply and Demand, and Fiscal Policy. Pre: ECON 2005 or ECON 2025H

__ECON 3104, Microeconomic Theory__ - Intermediate course that expands on topics in principle courses to build formal models to analyze behavior of consumers and producers, examine roles of competitive markets in coordinating economic activities and the efficient allocation of economic resources with the use of calculus and diagrams as analytical tools. Pre: ECON 2005 and one Math sequence. Selected from MATH 1225, 1226, 2114 with at least a C- in each or MATH 1014, 1025, 1026 with at least a B- in each or MATH 1525 and 1526 with at least a B- in each.

__ECON 3204, Macroeconomic Theory__ - Intermediate course that expands on topics in principle courses to build models of short-run, medium-run, and long-run analysis of open macroeconomic economies. Pre: ECON 2006 and 3104.

__ECON 3254, Analysis of Economic Data__ - Introduction to estimation problems based on observational data with a focus on basic regression analysis to estimate cause-effect relations in economics. Pre: BIT 2406 or STAT 3005

__ECON 4304, Econometrics__ - Introduction of the use of mathematical and statistical concepts to analyze data in regards to various economic theories (probability, statistical) and models (bivariate regression, stochastic regressors). Pre: STAT 3005

__ECON 3004, Contemporary Economic Topics__ - Various Topics including American Economic History, Behavioral Economic Decision Making, Global Economic Theory, History of Diversity and Inclusion, Introduction to Forecasting, Managerial Economics, Mideast Economics. Pre: ECON 2006

__ECON 3024, Economic Justice__ - Students will identify a set of personal principles of economic justice through the use of economic thinking. Pre: ECON 2006

__ECON 3114, Applied Microeconomics __ - Provide a calculus-based understanding of the foundations of consumer and producer microeconomic behavior and partial equilirium analysis. Pre: ECON 3104 and 3254

__ECON 3214, Money and Banking __- Focuses on the system behind the creation and governance of paper money which has no intrinsic value. Pre: ECON 2005

__ECON 4014, Environmental Economics__ - Focuses on the allocation of scarce resources in regards to the development and management of enviromental and natural resources. Pre: ECON 2005.

__ECON 4044, Public Economics__ - Use economic analysis to critically analyze government activities. Pre: ECON 3104.

__ECON 4054, Public Finance__ - Use of economic analysis to critically analyze government activities related to revenue-generating, inefficiencies of taxes and social insurace programs. Pre: ECON 3104.

__ECON 4074, Labor Economics__ - Introduction of the use of theoretical and empirical analysis to build formal models to understand and explain the labor market and wage determination. Pre: ECON 2005 and 3254.

__ECON 4084, Industry Structures__ - Introduction to the theory of industrial organization and understand firm behavior and competition. Pre: ECON 3104.

__ECON 4124, Growth and Development__ - Introduction to the economic definitions of the terms growth and development, the role of agriculture and industrialization, and the lives of the poor. Pre: ECON 2006 and 3104.

__ECON 4144, Economics of China__ - Analysis of the Chinese economy with a focus on events since the creation of the Republic of China. Pre: ECON 3104.

__ECON 4214, Economics of Health Care__ - Economic analysis of the health care industry in terms of supply and demand of services, insurance, and government health policy. Pre: ECON 2005.

__ECON 4404, Economics of Organization__ - Analysis of the interaction between firms, consumers, and governments in regards to incentives when information is missed by managers and shareholders. Pre: ECON 3104 and MATH 1226 or 1026.

__ECON 4424, Game Theory__ - Introduction to game theory and strategic behavior such as the Nash equilibrium and the Core. Pre: ECON 3104 and MATH 1226 or 1026.

__ECON 4434, Experimental Economics__ - Introduction to the methodology for testing economic theories through familiarization of state-of-the-art research methodology by participating in and designing experiments. Pre: ECON 3104 and STAT 3005 or BIT 2406.

__ECON 4454, Neuroeconomics__ - Examination of the field of neuroeconomics using an interdisciplinary research approach that focuses on reward valuation in and by the brain. Pre: ECON 3104 or PSYC 2004 or NEUR 2025.

__ECON 4884, Advanced Philosophy, Political Science, Economics__ - Intersection of advanced topics in philosophy, politics, and economics. Pre: PHIL/PSCI/ECON 2884

__ECON 4894, Law and Economics__ - Use of microeconomic principles to study the law, the effects laws have on citizens behavior and wellbeing, and the best laws for society. Use economic analysis to analyze goals of the legal system and effectiveness of laws. Pre: ECON 2005

All courses require the submission of the application in the semester prior to the Independent Study or Undergraduate Research

__Independent Study __- A continuation of greater depth of a topic covered in a course. Involves extensive reading and tutorial sessions with a faculty member that results in the writing of a paper or project by the student.

ECON 2974 - Pre: ECON 2006, 3.0 GPA, and department approval

ECON 4974 - Pre: ECON 3204, 3.0 GPA, and department approval

__Undergraduate Research__ - The exploration of a specific topic within the field of economics for when the student makes an original contribution. The student is required to present a formal paper or poster at the end of the semester.

ECON 2994 - Pre: ECON 2006, 3.0 GPA, and department approval

ECON 4994 - Pre: ECON 3204, 3.0 GPA, and department approval

__Internship__ - The application of knowledge learned in the classroom in a "real world" professional setting. Experience can be paid or unpaid.

ECON 4754 - Internship must be unpaid to receive course credit. Pre: ECON 3204, 3.0 GPA, and completion of an internship registration in the semester prior to the beginning of the internship.

__ECON 2025H, Microeconomic Principles__ - Introductory course in the basic concepts of Microeconomics such as Supply and Demand, Types of Markets, and Activities of Firms and Households. Majors in Economics will have ECON 2005 waived, ECON 2025H will be subbed for ECON 3104, and are required to complete an additional ECON Elective at the 3000 or 4000 level.

__ECON 2026H, Macroeconomic Principles__ - Introductory course in the basic concepts of Macroeconomics such as Gross Domestic Product, Unemployment, Price Level and Inflation, Loanable Funds, Growth Theory, Aggregate Supply and Demand, and Fiscal Policy. Majors in Economics will have ECON 2006 waived, ECON 2026H will be subbed for ECON 3204, and are required to complete an additional ECON Elective at the 3000 or 4000 level. Pre: ECON 2025H

__Math Requirements__

Student must complete each course with at least a C-.

MATH 1225, Calculus of a Single Variable - First half of the first-year mathematics courses. Pre: Placement by Math Department at time of admission

MATH 1226, Calculus of a Single Variable - Second half of the first-year mathematics courses. Pre: MATH 1225

MATH 2114, Introduction to Linear Algebra - Introduction to concepts of linear algebra. Pre: MATH 1226 or at least B in MATH 1225.

Student must complete each course with at least a B-.

__MATH 1014, Precalculus with Transcendental__ - Pre: Placement or exception by Math Department at time of admission.

__MATH 1025, Elementary Calculus__ - First semester of elementary calculus. Pre: MATH 1014 or placement by Math Department at time of admission.

__MATH 1026, Elementary Calculus__ - Second semester of elementary calculus. Pre: MATH 1025 or placement by Math Department at time of admission.

Student must complete each course with at least a B-.

MATH 1525, Calculus with Matrices - Use of matrix algebra and solving systems equations.

MATH 1526, Calculus with Matrices - Use of matrix algebra and solving systems quations.

Note- MATH 1525 and MATH 1526 have been discontinued. Replaced with MATH 1524 beginning in Fall 2018. MATH 1524 is not sufficient for Economics and will not be accepted in place of MATH 1525 or MATH 1526 or both.

__Statistics Requirements__

Statistical Methods

Introduction to statistical methods to develop problem-solving skills and ethical reasoning within the context of data. Pre: MATH 1225.

Quantitative Methods

Study of techniques used in managerial decision-making. Pre: MATH 1226, MATH 1026, or MATH 1526