Economics

Bachelor of Arts, Bachelor of Science
Frank Musgrave, Professor and Chair
The Department of Economics curricula offer majors a wide range of information about the economic scene and opportunities for specialization in any of several major areas, such as analytical, institutional, or international economic systems. General courses are also available for students in other disciplines who want to gain an understanding of economics.
The curricular offerings in economics are a B.A. in economics, a B.S. in applied economics (both housed in the Department of Economics) and a B.A. in mathematics-economics (housed in the Department of Mathematics and Computer Science).
The applied economics curriculum includes policy courses in the economics department, finance and accounting courses in the School of Business, and a course in the Roy H. Park School of Communications. This B.S. program offers students a wide range of career and graduate school options. With most college graduates changing jobs or occupations six or more times in their working careers, this applied economics program is most appropriate, particularly in the context of a broad liberal arts program.

Honors Program

The honors program for economics, applied economics, and mathematics-economics majors is designed to encourage in-depth study and research at a level above that of a term paper or tutorial. For economics department honors, a special honors paper is required; it may be an extension or improvement of a previously submitted tutorial (required) paper. Students majoring in economics, applied economics, and mathematics-economics, with an overall cumulative GPA of 3.00, and a GPA of at least 3.30 in economics courses may qualify for honors in economics. The student selects an economics faculty member as an adviser and submits a written proposal as an application. The research should be conducted during the fall and spring semesters of the student's senior year. The student is required to defend the honors paper before a committee comprised of tutorial instructors and the chair of the department. The committee approves, at its discretion, departmental honors for individual students.

Requirements for the Major in Economics - B.A.

Credits in the major

Economics

306-12100	Principles of Macroeconomics
306-12200	Principles of Microeconomics
306-32100	Money and Banking
306-32500	Public Finance
306-33300	Econometrics I
306-34100	Micro Analysis (or 306-34300 Quantitative Microeconomic Analysis)
306-34200	Macro Analysis (or 306-34400 Quantitative Macro Analysis)
306-41100	International Economics
306-49200	Special Problems in Economics (tutorial)	27
	Economics electives	9

Credits outside the major

Mathematics

313-10500 313-10800	Mathematics for Decision Making, and Calculus for Decision Making
	or
313-11100-313-11200	Calculus I and Calculus II
313-24300	Statistics	10-11

Other outside credits

377-10600/ 377-10700	Academic Writing I or II or any HU course in the writing program (except 377-10100)	3
	Social science	6
	Electives	65
	Total required for degree	120

Requirements for the Major in Applied Economics - B.S.

Credits in the major

Economics

306-12100	Principles of Macroeconomics
306-12200	Principles of Microeconomics
306-32100	Money and Banking
306-32200	Monetary Theory and Policy, or
306-38200	Economics of Growth
306-32500	Public Finance
306-33300	Econometrics I
306-34100	Micro Analysis (or 306-34300 Quantitative Microeconomic Analysis)
306-34200	Macro Analysis (or 306-34400 Quantitative Macro Analysis)
306-35200	Economics of Regulation or
306-37200	Industrial Organization Economics
306-41100	International Economics
306-49200	Tutorial/Special Problems in Economics	33
	Economics electives	6

Business

880-22500	Financial Accounting
880-22600	Management Accounting
883-30100	Managerial Economics
883-31100	Business Finance
883-32100	Security Analysis and Portfolio Management	15
	Business electives	6

Credits outside the major

Mathematics

313-10500 313-10800	Mathematics for Decision Making, and Calculus for Decision Making
	or
313-11100-313-11200	Calculus I and Calculus II
313-24300	Statistics	10-11

Other outside credits

377-10600 or 377-10700	Academic Writing I or II, or any HU course in the writing program (except 377-10100)	3
221-12100	Introduction to Mass Media	3
	Open electives	43-44
	Total required for degree	120

Requirements for the Major in
Mathematics-Economics - B.A.

See page 170.

Requirements for the Minor in Economics

Credits in the field

	Economics: 306-12100-306-12200	6
	Economics electives	12

Credits outside the field chosen from

	313-10500 Mathematics for Decision Making, 313-10800 Calculus for Decision Making; 313-11100 Calculus I, 313-11200 Calculus II; 313-24300 Statistics or a statistics course in psychology or sociology	3-4
	Total required for minor	21-22

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