Degree Essentials

Economics

Faculty

Associate Professor Andrea Ziegert, Chair

Professors Robin L. Bartlett, Sohrab Behdad, Theodore A. Burczak, Timothy I. Miller; Associate Professors David Boyd, Laura Boyd, Quentin Duroy, Ross M. LaRoe, Andrea Ziegert; Assistant Professors Jessica Bean, Xiao Jiang, Fadhel Kaboub; Visiting Assistant Professor Nakul Kumar; Visiting Instructor Patrick McGonagle; Academic Administrative Assistant Judy Thompson

Departmental Guidelines and Goals

The purpose of the economics curriculum is to educate students in the nature and uses of economic reasoning. We are an economics department that values diverse theoretical and methodological perspectives on economic analysis and its application. We are cognizant of the importance of the other social and natural sciences, the arts, and the humanities to a more complete understanding of human society. Our curriculum introduces students to a core body of economic knowledge and to research skills, integrating disciplinary education with the liberal arts mission of the university. Economics majors develop the ability to think analytically and creatively about complex economic issues and policy choices facing our global society.

The content of our curriculum is tiered. In introductory courses students learn the basic principles of economics. In intermediate courses students develop their understanding of microeconomic, macroeconomic, and econometric theory. The advanced courses give students an opportunity to study in depth a particular field of economics through application of the requisite basic skills, and appropriate theoretical models and empirical methods. These courses primarily focus on national and international concerns, public policies, and controversies in economic theory and policy.

Graduates of the Department of Economics seeking immediate employment have been successful in securing interesting and challenging positions in business, government, and non-profit enterprises. The economics curriculum also provides students with the opportunity to prepare themselves for graduate or professional studies in economics, business, public administration, international affairs, law and others.

Economics Major

All economics majors must complete a minimum of nine four-credit economics courses. The major must satisfy the following requirements:

Core Requirements Introductory Macroeconomics (101, 4 credits) Introductory Microeconomics (102, 4 credits) Intermediate Macroeconomics (301, 4 credits) Intermediate Microeconomics (302, 4 credits) Introductory Econometrics (307, 4 credits)

Students wanting to major in economics should complete the above courses by the end of their junior year.

Advanced Course Requirements: In addition to the above, all students must take at least four additional courses from the 201-442 sequence, only one of which can be a 200-level course. At least one of these elective courses must satisfy the department's writing requirement.

Economics with a Mathematics Concentration

A student interested in quantitative aspects of economics who wishes to work for advanced degrees in business or economics that require a strong mathematics background may pursue an Economics major with a Mathematics concentration. Requirements are 14 courses, distributed as follows: Economics 101, 102, 301, 302, 307, 419 or 429, and three additional Economics electives, only one of which may be a 200-level course; Mathematics 123, 124, 231, and 232; and one additional course from the following: Economics 419 or 429, Mathematics 242, Mathematics 337, Mathematics 357.

Economics Minor

The Economics minor is meant to provide a basic grounding in economics for students majoring in other fields. It is hoped that students will make a conscious effort to relate the minor to their major field. Minors must take the following courses: 101, 102, 301, 302; one of the following three courses: 307, 401 or 402; and two additional courses from the 201-442 sequence, only one of which can be a 200-level course.

Additional Points of Interest

Philosophy, Politics and Economics The Economics Department participates in the interdepartmental major in Philosophy, Politics and Economics.

Economics/International Studies Major Students majoring in economics may choose to participate in International Studies. Economics majors wishing to participate in the major are expected to fulfill the requirements for the economics major and those of the international studies major.

With the approval of their faculty advisor, students may use one seminar (Economics 440) with an international orientation in place of one of the required courses.