Economics
About the Program
Bachelor of Science Degree: 187.0 quarter credits
Bachelor of Arts Degree: 187.0 quarter credits
Economics is at the root of business decisions, government policy making, and global relations. As a course of study, it can lead to diverse career opportunities, and is often viewed favorably as excellent preparation for graduate programs such as business and law.
Although housed in the LeBow College of Business, the economics major is a free-standing major with different requirements in the liberal arts and sciences and a deeper more complete coverage of economics than any other curriculum. Students majoring in economics benefit from complementary studies in one or more areas, depending on their interests and long-term plans.
Bachelor of Arts in Economics
The BA in Economics introduces students to modern economics within the context of a broad-based liberal arts curriculum. The degree is oriented toward students with interest in the less quantitative features of economics and a broader liberal arts education, particularly in areas offered by the College of Arts and Sciences. The degree requires students develop and depth of knowledge in a coordinate field outside of economics.
Bachelor of Science in Economics
The BS in Economics introduces students to modern economics within the context of a general scientific and humanities curriculum. This degree is oriented towards students interested in acquiring a broad-based education with a focus on quantitative and professional skills. The degree stipulates that students either complete one of the specific economic concentrations (Business Economics or Mathematical Economics) or develop depth of knowledge in a secondary minor or manor field outside of economics.
The BS in Economics offers concentration choices in both Business Economics and Mathematical Economics.
Business Economics Concentration
This concentration prepares students to apply the rigorous methods of modern quantitative economics as professionals in a business context. This program combines coursework in economics and the functional fields of business administration within the context of a general scientific and humanities curriculum.
Mathematical Economics Concentration
This concentration prepares students for graduate study in quantitative and rigorous programs in economics and related fields. This program will also prepare students for professional work in quantitative economics or closely related areas, by providing coursework in economics and mathematics, in the context of a general scientific and humanities curriculum.
Coordinate Field Option
As an alternative to choosing one of these concentrations, students may also personalize their degree by developing a depth of knowledge in a secondary minor or major field outside of economics such as finance, social sciences, international studies or natural sciences. Examples of possible coordinating minors could include a minor in History and Politics for students interested in political economy or policy studies; a minor in American or European Studies for students interested in the economics of those countries, or a minor in Communication for students interested in economic journalism. In addition, students can complete a specialization in business economics or mathematical economics as an area of concentration.
Additional Information
For more information about this major, contact the Department of Economics and International Business.
Degree Requirements (BS)
While a variety of options are available for study in coordinating fields, two specific concentrations have been developed to address key areas in economics.
- The Business Economics Concentration
- The Mathematical Economics Concentration
The requirements for those concentrations are listed beneath the general requirements for the BS in Economics.
| General education requirements | ||
| ANTH 101 | Introduction to Cultural Diversity | 3.0 |
| COM 270 [WI] | Business Communication | 3.0 |
| ENGL 101 | Expository Writing and Reading | 3.0 |
| BUSN 103 | Advanced First Year Business Seminar | 2.0 |
| ENGL 102 | Persuasive Writing and Reading | 3.0 |
| ENGL 103 | Analytical Writing and Reading | 3.0 |
| PSY 101 | General Psychology I | 3.0 |
| SOC 101 | Introduction to Sociology | 3.0 |
| UNIV B101 | The Drexel Experience | 2.0 |
| CS 143 Computer Programming Fundamentals [In development] * | 3.0 | |
| Select one of the following math sequences: | 8.0 | |
| Introduction to Analysis I and Introduction to Analysis II | ||
| Calculus I and Calculus II | ||
| Fine arts elective | 3.0 | |
| Three laboratory science electives | 9.0 | |
| Two English literature electives: (ENGL 200 through ENGL 399) | 6.0 | |
| Two history electives | 6.0 | |
| Two philosophy electives | 6.0 | |
| Economics Requirements | ||
| ECON 201 | Principles of Microeconomics | 4.0 |
| ECON 202 | Principles of Macroeconomics | 4.0 |
| ECON 250 | Game Theory and Applications | 4.0 |
| ECON 301 | Microeconomics | 4.0 |
| ECON 321 | Macroeconomics | 4.0 |
| ECON 322 [WI] | Economics Seminar | 4.0 |
| ECON 350 [WI] | Applied Econometrics | 4.0 |
| ECON 360 | Time Series Econometrics | 4.0 |
| INTB 334 | International Trade | 4.0 |
| INTB 336 | International Money and Finance | 4.0 |
| Select one of the following sequences: | 8.0 | |
| Probability and Statistics I and Probability and Statistics II | ||
| Introduction to Business Statistics and Business Statistics II | ||
| Economics Electives | 20.0 | |
| Select 20.0 credits from any of the following: | ||
| Economic Ideas | ||
| Managerial Economics | ||
| Public Finance | ||
| Labor Economics | ||
| Industrial Organization | ||
| Economic Development | ||
| Comparative Economic Systems | ||
| Resource and Environmental Economics | ||
| Multinational Corporations | ||
| Seminar in International Business | ||
| Regional Studies in Economic Policies and International Business | ||
| Practice of Environmental Economics | ||
| Introduction to Finance | ||
| Financial Institutions and Markets | ||
| Urban Sociology | ||
| Classical Social Theory | ||
| Additional Requirements | ||
| Coordinate Field | 26.0 | |
| Additional courses as required to satisfy a coordinating field (a second major, minor, or one of the two available concentrations below) | ||
| Free electives | 27.0 | |
| Total Credits | 187.0 | |
| * | Students pursuing the concentration in Mathematical Economics can select CS 171 instead of CS 143. |
Mathematical Economics Concentration
Students selecting this concentration must have satisfied the general educational mathematics requirements by taking and MATH 122.
| MATH 123 | Calculus III | 4.0 |
| MATH 200 | Multivariate Calculus | 4.0 |
| MATH 201 | Linear Algebra | 4.0 |
| MATH 210 | Differential Equations | 4.0 |
| Select three of the following: | 9.0-12.0 | |
| Introduction to Mathematical Reasoning | ||
| Differential Equations II | ||
| Numerical Analysis I | ||
| Numerical Analysis II | ||
| Introduction to Optimization Theory | ||
| Actuarial Mathematics | ||
| Elements of Modern Analysis I | ||
| Elements of Modern Analysis II | ||
| Free Electives | 23.0-26.0 | |
| Total Credits | 48.0-54.0 | |
Business Economics Concentration
| Required Courses | ||
| ACCT 115 | Financial Accounting Foundations | 4.0 |
| FIN 301 | Introduction to Finance | 4.0 |
| MIS 200 | Management Information Systems | 4.0 |
| ORGB 300 [WI] | Organizational Behavior | 4.0 |
| or BLAW 201 | Business Law I | |
| Select two of the following: | 8.0 | |
| Managerial Accounting Foundations | ||
| Intermediate Corporate Finance | ||
| Investment Securities & Marketing | ||
| Introduction to Marketing Management | ||
| Operations Management | ||
| Total Credits | 24.0 | |
Writing-Intensive Course Requirements
In order to graduate, all students must pass three writing-intensive courses after their freshman year. Two writing-intensive courses must be in a student's major. The third can be in any discipline. Students are advised to take one writing-intensive class each year, beginning with the sophomore year, and to avoid “clustering” these courses near the end of their matriculation. Transfer students need to meet with an academic advisor to review the number of writing-intensive courses required to graduate.
A "WI" next to a course in this catalog may indicate that this course can fulfill a writing-intensive requirement. For the most up-to-date list of writing-intensive courses being offered, students should check the Writing Intensive Course List at the University Writing Center. Students scheduling their courses can also conduct a search for courses with the attribute "WI" to bring up a list of all writing-intensive courses available that term. Transfer students need to meet with an academic advisor to review the number of writing-intensive courses required to graduate.
Sample Plan of Study (BS)
| Term 1 | Credits | |
|---|---|---|
| ECON 201 | Principles of Microeconomics | 4.0 |
| ENGL 101 | Expository Writing and Reading | 3.0 |
| PSY 101 | General Psychology I | 3.0 |
| MATH 121 or 101 | Calculus I Introduction to Analysis I | 4.0 |
| UNIV B101 | The Drexel Experience | 1.0 |
| Term Credits | 15.0 | |
| Term 2 | ||
| ECON 202 | Principles of Macroeconomics | 4.0 |
| ENGL 102 | Persuasive Writing and Reading | 3.0 |
| SOC 101 | Introduction to Sociology | 3.0 |
| MATH 122 or 102 | Calculus II Introduction to Analysis II | 4.0 |
| CS 280 (Computer Programming Fundamentals) | Special Topics in Computer Science | 3.0 |
| Term Credits | 17.0 | |
| Term 3 | ||
| ANTH 101 | Introduction to Cultural Diversity | 3.0 |
| BUSN 103 | Advanced First Year Business Seminar | 2.0 |
| ENGL 103 | Analytical Writing and Reading | 3.0 |
| Laboratory science course | 3.0 | |
| Philosophy (PHIL) elective | 3.0 | |
| History elective | 3.0 | |
| Term Credits | 17.0 | |
| Term 4 | ||
| COM 270 [WI] | Business Communication | 3.0 |
| ECON 301 | Microeconomics | 4.0 |
| STAT 201 | Introduction to Business Statistics | 4.0 |
| Philosophy (PHIL) elective | 3.0 | |
| Laboratory Science course | 3.0 | |
| Term Credits | 17.0 | |
| Term 5 | ||
| ECON 250 | Game Theory and Applications | 4.0 |
| ECON 321 | Macroeconomics | 4.0 |
| STAT 202 | Business Statistics II | 4.0 |
| Laboratory Science course | 3.0 | |
| Term Credits | 15.0 | |
| Term 6 | ||
| ECON 350 [WI] | Applied Econometrics | 4.0 |
| INTB 334 | International Trade | 4.0 |
| ENGL 200 through ENGL 399 | 3.0 | |
| Coordinate Field course (concentration/minor) or a Free elective | 3.0 | |
| History Elective | 3.0 | |
| Term Credits | 17.0 | |
| Term 7 | ||
| ECON 360 | Time Series Econometrics | 4.0 |
| INTB 336 | International Money and Finance | 4.0 |
| ENGL 200 through ENGL 399 | 3.0 | |
| Coordinate Field course (concentration/minor) or Free elective | 3.0 | |
| Term Credits | 14.0 | |
| Term 8 | ||
| Coordinate field course (concentration/minor) or a Free elective | 3.0 | |
| Fine Arts elective | 3.0 | |
| Economics electives* | 8.0 | |
| Free elective | 3.0 | |
| Term Credits | 17.0 | |
| Term 9 | ||
| Coordinate Field courses (concentration/minor) or Free electives | 6.0 | |
| Economics elective* | 4.0 | |
| Free electives | 6.0 | |
| Term Credits | 16.0 | |
| Term 10 | ||
| ECON 322 [WI] | Economics Seminar | 4.0 |
| UNIV B101 | The Drexel Experience | 1.0 |
| Coordinate Field course (concentration/minor) or a Free elective | 3.0 | |
| Economics elective* | 4.0 | |
| Free elective | 3.0 | |
| Term Credits | 15.0 | |
| Term 11 | ||
| Coordinate Field courses (concentration/minor) or Free electives | 8.0 | |
| Economics elective* | 4.0 | |
| Free elective | 3.0 | |
| Term Credits | 15.0 | |
| Term 12 | ||
| Free electives | 12.0 | |
| Term Credits | 12.0 | |
| Total Credit: 187.0 | ||
Degree Requirements (BA)
| General Education Requirements | ||
| ANTH 101 | Introduction to Cultural Diversity | 3.0 |
| COM 230 | Techniques of Speaking | 3.0 |
| or COM 270 | Business Communication | |
| ENGL 101 | Expository Writing and Reading | 3.0 |
| ENGL 102 | Persuasive Writing and Reading | 3.0 |
| ENGL 103 | Analytical Writing and Reading | 3.0 |
| INTB 200 | International Business | 4.0 |
| MATH 101 | Introduction to Analysis I | 4.0 |
| or MATH 121 | Calculus I | |
| MATH 102 | Introduction to Analysis II | 4.0 |
| PHIL 101 | Introduction to Western Philosophy | 3.0 |
| PHIL 105 | Critical Reasoning | 3.0 |
| or PHIL 371 | Philosophy of Social Sciences | |
| PSY 101 | General Psychology I | 3.0 |
| SOC 101 | Introduction to Sociology | 3.0 |
| UNIV B101 | The Drexel Experience | 2.0 |
| College of Media Arts and Design elective | 3.0 | |
| Two Laboratory Science courses * | 6.0 | |
| Political Science elective | 3.0 | |
| Social Science elective | 3.0 | |
| Diversity elective | 3.0 | |
| International Studies elective | 3.0 | |
| Two Modern Language courses (at least through 201 level) | 8.0 | |
| Required Economics Courses | ||
| ECON 201 | Principles of Microeconomics | 4.0 |
| ECON 202 | Principles of Macroeconomics | 4.0 |
| ECON 250 | Game Theory and Applications | 4.0 |
| ECON 301 | Microeconomics | 4.0 |
| ECON 321 | Macroeconomics | 4.0 |
| ECON 322 [WI] | Economics Seminar | 4.0 |
| ECON 326 [WI] | Economic Ideas | 4.0 |
| INTB 334 | International Trade | 4.0 |
| INTB 336 | International Money and Finance | 4.0 |
| STAT 201 | Introduction to Business Statistics | 4.0 |
| Economics Electives | 20.0 | |
| Select five of the following: | ||
| Managerial Economics | ||
| Public Finance | ||
| Labor Economics | ||
| Industrial Organization | ||
| Economic Development | ||
| Comparative Economic Systems | ||
| Mathematical Economics | ||
| Applied Econometrics | ||
| Resource and Environmental Economics | ||
| Time Series Econometrics | ||
| Practice of Environmental Economics | ||
| Introduction to Finance | ||
| Financial Institutions and Markets | ||
| Multinational Corporations | ||
| Regional Studies in Economic Policies and International Business | ||
| Seminar in International Business | ||
| Urban Sociology | ||
| Classical Social Theory | ||
| Coordinate Field | 24.0 | |
| Two of the courses in the chosen coordinate field must be 200 level or above. | ||
| Free Electives | 33.0 | |
| Total Credits | 187.0 | |
| * | Science courses are selected from Biology (BIO), Chemistry (CHEM), Environmental Science (ENVS), Physics (PHYS), or Physics-Environmental Science (PHEV). |
Plan of Study (BA)
| Term 1 | Credits | |
|---|---|---|
| UNIV B101 [WI] | The Drexel Experience | 1.0 |
| ECON 202 | Principles of Macroeconomics | 4.0 |
| ENGL 101 | Expository Writing and Reading | 3.0 |
| MATH 101 or 121 | Introduction to Analysis I Calculus I | 4.0 |
| PSY 101 | General Psychology I | 3.0 |
| Term Credits | 15.0 | |
| Term 2 | ||
| ECON 202 | Principles of Macroeconomics | 4.0 |
| ENGL 102 | Persuasive Writing and Reading | 3.0 |
| MATH 102 or 122 | Introduction to Analysis II Calculus II | 4.0 |
| SOC 101 | Introduction to Sociology | 3.0 |
| Term Credits | 14.0 | |
| Term 3 | ||
| ANTH 101 | Introduction to Cultural Diversity | 3.0 |
| ENGL 103 | Analytical Writing and Reading | 3.0 |
| PHIL 101 | Introduction to Western Philosophy | 3.0 |
| INTB 200 | International Business | 4.0 |
| Laboratory Science course | 3.0 | |
| Term Credits | 16.0 | |
| Term 4 | ||
| ECON 301 | Microeconomics | 4.0 |
| COM 230 or 270 [WI] | Techniques of Speaking Business Communication | 3.0 |
| STAT 201 | Introduction to Business Statistics | 4.0 |
| Laboratory Science course | 3.0 | |
| College of Media Arts & Design elective | 3.0 | |
| Term Credits | 17.0 | |
| Term 5 | ||
| ECON 250 | Game Theory and Applications | 4.0 |
| ECON 321 | Macroeconomics | 4.0 |
| Modern Language elective | 4.0 | |
| Politics Science elective | 4.0 | |
| Term Credits | 16.0 | |
| Term 6 | ||
| ECON 326 [WI] | Economic Ideas | 4.0 |
| INTB 334 | International Trade | 4.0 |
| Coordinate Field course | 3.0 | |
| Modern Language elective (101 or higher) | 4.0 | |
| Term Credits | 15.0 | |
| Term 7 | ||
| INTB 336 | International Money and Finance | 4.0 |
| PHIL 105 or 371 | Critical Reasoning Philosophy of Social Sciences | 3.0 |
| Modern Language course (103) or Free elective | 4.0 | |
| Coordinate Field course | 3.0 | |
| Economics elective | 4.0 | |
| Term Credits | 18.0 | |
| Term 8 | ||
| Modern Languages (201 or Free elective) | 4.0 | |
| Diversity elective | 3.0 | |
| Economics elective | 4.0 | |
| Coordinate Field courses | 6.0 | |
| Term Credits | 17.0 | |
| Term 9 | ||
| Coordinate Field courses | 6.0 | |
| International elective | 3.0 | |
| Social Science elective | 3.0 | |
| Economics elective | 4.0 | |
| Term Credits | 16.0 | |
| Term 10 | ||
| ECON 322 [WI] | Economics Seminar | 4.0 |
| UNIV B101 [WI] | The Drexel Experience | 1.0 |
| Coordinate Field course | 3.0 | |
| Economics elective | 4.0 | |
| Free elective | 3.0 | |
| Term Credits | 15.0 | |
| Term 11 | ||
| Coordinate Field course | 3.0 | |
| Economics elective | 4.0 | |
| Free electives | 9.0 | |
| Term Credits | 16.0 | |
| Term 12 | ||
| Free electives | 12.0 | |
| Term Credits | 12.0 | |
| Total Credit: 187.0 | ||
Co-op/Career Opportunities
The study of economics prepares students for a variety of fields: research economists in banks, government and universities; law; economic development for local government, banks and firms; business management and consulting; government and international agencies, such as the CIA, World Bank, IMF and USAID; and business and economic journalism.
Career Paths and Degree Combinations
Economics provides an excellent foundation for many career options and can also be combined with many other majors and minors in preparing students for great careers.
For example:
Banking and Finance
- Economics and Finance
- Economics and Business
- Economics and Mathematics
- Business Economics Concentration
- Economics and Physics
Academia
- Economics and Anthropology
- Economics and Psychology
- Economics and Mathematics
- Economics and Philosophy
Economics Research in Industry
- Economics and Mathematics
- Mathematical Economics Concentration
- Economics and Marketing
- Economics and Finance
High Tech and IT Industries
- Economics and Information Systems
- Economics and Chemistry
- Economics and Biology
Economics Research in Governments and International Organizations
- Economics and Environmental Studies
- Economics and Political Science
- Economics and International Studies
Law School and Other Graduate School Options
- Economics and Legal Studies
- Economics and Philosophy
- Economics and Political Science
- Economics and International Studies
Opportunities
Recently, economics students have obtained positions at the following institutions:
- Federal Reserve Bank, Board of Governors
- Citibank
- Vanguard Corporation
- Deloitte Consulting
- Black Rock Inc.
- Tyco Electronics
Visit the Drexel Steinbright Career Development Center page for more detailed information on co-op and post-graduate opportunities.
Dual/Accelerated Degree
Dual Degree Bachelor’s Programs
With careful planning, students can complete two full degrees in the time usually required to complete one. The double major option works best in closely related areas. For detailed information the student should contact his or her advisor.
Degree Requirements
| General Education Requirements | ||
| ANTH 101 | Introduction to Cultural Diversity | 3.0 |
| COM 270 [WI] | Business Communication (WI) | 3.0 |
| ENGL 101 | Expository Writing and Reading | 3.0 |
| ENGL 102 | Persuasive Writing and Reading | 3.0 |
| ENGL 103 | Analytical Writing and Reading | 3.0 |
| Select one of the following sequences: | ||
| Introduction to Analysis I and Introduction to Analysis II | ||
| Calculus I and Calculus II (recommended) | ||
| PSY 101 | General Psychology I | 3.0 |
| SOC 101 | Introduction to Sociology | 3.0 |
| UNIV 101 | The Drexel Experience | 2.0 |
| Fine Arts Elective | 3.0 | |
| Three Laboratory Science Electives | 9.0-12.0 | |
| Two English Literature Electives: (ENGL 200 through ENGL 399) | 6.0 | |
| Two History Electives | 6.0 | |
| Two Philosophy Electives | 6.0 | |
| Select one of the following: | 3.0 | |
| Introduction to Computing | ||
| Computer Programming I | ||
| Professional Requirements | ||
| ECON 201 | Principles of Microeconomics | 4.0 |
| ECON 202 | Principles of Macroeconomics | 4.0 |
| ECON 250 | Game Theory and Applications | 4.0 |
| ECON 301 | Microeconomics | 4.0 |
| ECON 321 | Macroeconomics | 4.0 |
| ECON 322 [WI] | Economics Seminar | 4.0 |
| ECON 330 | Managerial Economics * | 4.0 |
| ECON 348 | Mathematical Economics ** | 4.0 |
| ECON 350 [WI] | Applied Econometrics (WI) | 4.0 |
| ECON 360 | Time Series Econometrics | 4.0 |
| INTB 334 | International Trade | 4.0 |
| INTB 336 | International Money and Finance | 4.0 |
| Select one of the following sequences: | 8.0 | |
| Probability and Statistics I and Probability and Statistics II | ||
| Introduction to Business Statistics and Business Statistics II | ||
| Professional Electives | ||
| Select six of the following: | 20.0 | |
Any other ECON courses numbered above 240 | ||
Any other INTB courses | ||
| Practice of Environmental Economics | ||
| Introduction to Finance *** | ||
| Financial Institutions and Markets *** | ||
| Urban Sociology | ||
| Classical Social Theory | ||
| Additional Requirements: | ||
| BS in Economics | ||
| Coordinate Field | 24.0 | |
| Additional courses as required to satisfy a coordinating field (a second major, minor, or one of the two available concentrations below). | ||
| Free Electives | 28.0 | |
| Total Credits | 184.0-187.0 | |
| * | Only required for students pursuing the BS in Economics/Business Economics Concentration |
| ** | Only required for students pursuing the BS in Economics/Mathematical Economics Concentration |
| *** | Required for the BS in Economics/Business Economics Concentration |
Minor in Economics
Requirements
- No more than 2 courses or 8 credits (or 3 courses and 9 credits if classes were taken under the “old curriculum”) required by a student’s major may be counted towards this minor.
- A grade of “C” (2.0) or better must be earned for each course in this minor for it to be counted.
- No more than two transfer courses may be used to complete this minor. Transfer credits must be taken before matriculated at Drexel.
- Students in the process of completing a degree granting program out of the Goodwin College of Evening and Professional Studies, (BS or BSCOEPS), may enroll in 700 sections of the courses they choose that meet the minor requirements. All other students in the process of completing a degree granting program from other colleges/schools within Drexel University must enroll in the 500 sections of the courses they choose that meet the minor requirements.
- Students should check the pre-requisites of all classes when selecting electives. It is the responsibility of the student to know pre-requisites
- Business Administration and Business & Engineering majors may not minor in Accounting, Business, Economics, Entrepreneurship, Finance, International Economics, Legal Studies, Management Information Systems, Marketing and/or Operations Management.
All prospective students should meet with an advisor from the College as soon as possible. Call 215-895-2110 to set up an appointment.
| Required Courses | ||
| ECON 201 | Principles of Microeconomics | 4.0 |
| ECON 202 | Principles of Macroeconomics | 4.0 |
| ECON 301 | Microeconomics | 4.0 |
| ECON 321 | Macroeconomics | 4.0 |
| ECON 322 [WI] | Economics Seminar | 4.0 |
| Select one of the following: | 4.0 | |
| Game Theory and Applications | ||
| Economic Ideas | ||
| Public Finance | ||
| Labor Economics | ||
| Industrial Organization | ||
| Economic Development | ||
| Mathematical Economics | ||
| Applied Econometrics | ||
| Resource and Environmental Economics | ||
| Multinational Corporations | ||
| International Trade | ||
| International Money and Finance | ||
| Regional Studies in Economic Policies and International Business | ||
| Total Credits | 24.0 | |
Courses
ECON 201 Principles of Microeconomics 4.0 Credits
Examines allocation of resources within an economy. Major topics include interaction of supply and demand in markets, consumer choice, cost structure of firms, and profit maximization for competitive forms as well as firms with market power.
Repeat Status: Not repeatable for credit
ECON 202 Principles of Macroeconomics 4.0 Credits
Examines measurement, growth, and fluctuation of aggregate economic activity. Includes national income accounting and explains determination of output, employment, and price level. Also provides an introduction to international economics, money and banking, and economic policy. Some or all pre-requisites may be taken as either a pre-requisite or co-requisite. Please see the department for more information.
Repeat Status: Not repeatable for credit
Prerequisites: ECON 201 [Min Grade: D] (Can be taken Concurrently)
ECON 240 Economics of Health Care Systems 4.0 Credits
Examine the health care industry from an economic perspective, including demand, cost-benefit analysis, insurance, supply constraints, and the role of the government.
Repeat Status: Not repeatable for credit
ECON 250 Game Theory and Applications 4.0 Credits
Introduces the basic ideas of game theory with a minimum of mathematics; and discuses application to economics, politics, business, behavioral science, philosophy, population biology and engineering.
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: STAT 201 [Min Grade: C] or STAT 205 [Min Grade: C] or MATH 107 [Min Grade: C]
ECON 301 Microeconomics 4.0 Credits
Examines theory of the firm and theory of the consumer in a rigorous fashion. Also covers risk and uncertainty, price determination, market failures, and analysis of various government policies.
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C] and (MATH 102 [Min Grade: C] or MATH 121 [Min Grade: C])
ECON 321 Macroeconomics 4.0 Credits
Provides an in-depth introduction to dominant theories behind short-run economic fluctuations and long-run economic growth. Employs both mathematical and graphical tools to discuss determination of output, employment, and price level in the aggregate economy. Also covers effectiveness of monetary and fiscal policies in dealing with unemployment and inflation.
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C] and ECON 301 [Min Grade: C] and (MATH 102 [Min Grade: C] or MATH 121 [Min Grade: C])
ECON 322 [WI] Economics Seminar 4.0 Credits
Requires research and writing of a scholarly paper on a topic in economics approved by an appointed faculty adviser. This is a writing intensive course.
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: ECON 301 [Min Grade: C] and ECON 321 [Min Grade: C]
ECON 326 [WI] Economic Ideas 4.0 Credits
Covers the history of economic thought and development of different schools of thinking in economics. This is a writing intensive course.
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C]
ECON 330 Managerial Economics 4.0 Credits
Covers applied economics relevant for decision-making processes. Emphasizes profit management, demand and cost analysis, pricing, and government policy.
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C]
ECON 334 Public Finance 4.0 Credits
Applies economic principles and cost-benefit analysis to the operation of government, with emphasis on understanding why private markets fail to provide public goods. Explores the current American tax system from three points of view: how efficient it is, who really pays, and how it might be reformed.
Repeat Status: Not repeatable for credit
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C] and (MATH 102 [Min Grade: C] or MATH 121 [Min Grade: C])
ECON 336 Labor Economics 4.0 Credits
Develops an understanding of how labor institutions operate to determine wages and employment. Examines alternative policy questions involving unemployment and inflation, collective bargaining, investment in education and training, and other labor-related questions. Requires students to apply theoretical and empirical abilities to research a labor-related issue and improve the ability to think clearly and communicate effectively.
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C]
ECON 338 Industrial Organization 4.0 Credits
Examines observational studies of industries with respect to competitive or non-competitive structure, conduct, and performance. Considers implications of profitability, technological innovation, antitrust policy, and competitiveness in trade. Reviews problems of measurement and sources of data.
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C] and (MATH 102 [Min Grade: C] or MATH 121 [Min Grade: C])
ECON 342 Economic Development 4.0 Credits
Covers topics including driving forces of economic growth, economic planning, income distribution and poverty, labor migration, capital markets and saving, international debt problems and global economic crisis. Emphasizes underlying theories and realities of economic growth and development of less developed economies and emerging economies.
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C]
ECON 344 Comparative Economic Systems 4.0 Credits
Covers theory and contemporary practices of capitalism, socialism, fascism, and the welfare state as economic systems.
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C]
ECON 348 Mathematical Economics 4.0 Credits
Discusses the application of mathematics in economic models, with extensive discussion of economic applications of linear algebra and calculus. Considers implications of the assumptions of maximization of profits and utility. Stresses mathematical models and techniques useful in statistical applications of economics.
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C] and (MATH 102 [Min Grade: C] or MATH 121 [Min Grade: C])
ECON 350 [WI] Applied Econometrics 4.0 Credits
Applies statistics to economics, with emphasis on the special problems of statistical analysis of economic data, sources of data, and examples of applications and models. Covers forecasting the impacts of changing economic policy and of developments in industrial markets using economic-statistical models. This is a writing intensive course.
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C] and STAT 201 [Min Grade: C]
ECON 351 Resource and Environmental Economics 4.0 Credits
Examines the microeconomic and quantitative aspects of markets for both renewable and exhaustible resources, and the interaction between the energy and resource sectors of the economy and between the productive sectors of the economy and the natural environment, with evaluation of major public policy initiatives and issues in these areas.
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C]
ECON 360 Time Series Econometrics 4.0 Credits
Introduce time-series econometric models and provide tools for empirical analysis using time-series economic and financial data, with specific emphasis on application and forecasting.
Repeat Status: Not repeatable for credit
Prerequisites: ECON 201 [Min Grade: D] and ECON 202 [Min Grade: D] and ECON 350 [Min Grade: D]
ECON 498 Special Topics in Economics 0.5-12.0 Credits
This course covers topics of particular interest to students in economics.
Repeat Status: Can be repeated multiple times for credit
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C]
ECON 499 Independent Study 0.5-5.0 Credits
College/Department: LeBow College of Business
Repeat Status: Can be repeated multiple times for credit
