Programs:
Majors: Economics: Business Option;
Economics: Financial Analyst Option;
Economics:
Liberal Arts Option
Minor: Economics
Teaching Major: Social
Studies (economics)
Courses:
ECON: Economics
http://www.bsu.edu/economics
Economics studies
how to resolve the conflicts between unlimited desires for higher living
standards and limited resources to satisfy these desires. Because
virtually all social, political, and economic problems can be traced to
these conflicts, the study of economics is important for intelligent
citizenship. It is especially important for students interested in
careers in business, government, law,
and a variety of other professions. Students are
encouraged to visit the department Web site for further information about
careers in economics and related disciplines.
The three options
within the economics major-the business option, the financial analyst
option and the liberal arts option-accommodate a variety of student
interests and career paths. The business and financial analyst options
are designed primarily for students planning to pursue careers in
business. Accordingly, these two options require the completion of 39
credit hours of business core courses in addition to the required
economics courses. The financial analyst option is tailored for business
students who want to pursue a career as a Charter Financial Analyst.
Students in the liberal
arts major option may choose general economics or one of two
concentration areas: economics and law or financial economics.
General economics is designed for students who are interested in
pursuing careers as economists. The economics and law
concentration offers excellent preparation for law school and is
especially valuable for pre-law students. The double major in economics
and political science is also useful for pre-law students. The
financial economics concentration is particularly suitable for
students interested in a double major in either economics and actuarial
science or economics and mathematical sciences. Because the three
concentration areas in the liberal arts option are designed for students
pursuing liberal arts degrees, students are not required to take all of
the core business courses.
The department strongly
recommends that all economics majors take at least one course in
calculus.
The department also offers an interdepartmental major in
mathematical economics. For information on this major, see Interdepartmental Programs.
A minor in economics is available to business and all other majors.
Students in the social studies teaching major may also select economics
as a licensing area.
Programs:
Students will be guided by the outline
of baccalaureate Degrees, the
University Core
Curriculum, and the
concentration areas listed below.
MAJOR IN ECONOMICS, BUSINESS
OPTION,
63 hours |
|
|
|
|
| PREFIX |
NO |
SHORT TITLE |
CR HRS |
| Miller College of Business
core, 39 hours
|
|
|
|
|
| ACC |
201 |
Prin Acct 1 |
3 |
|
202 |
Prin Acct 2 |
3 |
| BL |
260 |
Prin Bus Law |
3 |
| ECON |
201 |
Elem Micro |
3 |
|
202 |
Elem Macro |
3 |
|
221 |
Bus Stats |
3 |
| FIN |
300 |
Prin Fin 1 |
3 |
| ISOM |
135 |
Bus I S |
3 |
|
249 |
Fnds Bus Com |
3 |
|
351 |
Op Mgt |
3 |
| MGT |
300 |
Mgt Beh Org |
3 |
|
491 |
Policy Strat |
3 |
| MKG |
300 |
Prin Market |
3 |
|
|
|
______ |
|
|
|
39 hrs |
|
|
|
|
| ECON |
301 |
Intrmd Micro |
3 |
|
302 |
Intrmd Macro |
3 |
| 18 hours from 300-400 level ECON
electives (may include the following) |
|
| ACC |
301 |
Inter Acct 1 (3) |
|
|
302 |
Inter Acct 2 (3) |
18 |
|
|
|
______ |
|
|
|
63 hrs |
|
To pursue this
program, students must have sufficient mathematical preparation to
meet the prerequisite for ECON 221. The prerequisite for ECON 221
is a C or better grade in MATHS 136 or the equivalent;
sophomore standing; demonstrated proficiency in computer skills.
MATHS 136 simultaneously substitutes for the University Core
Curriculum math requirement. Proficiency in computer skills may be
demonstrated by examination, or credit in ISOM 125 or CS 104 or its
equivalent. The prerequisite for ISOM 135 is proficiency test
required or ISOM 125. All students will be required to take the
Major Field Test in Economics before graduation. |
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| MAJOR IN ECONOMICS,
FINANCIAL ANALYST OPTION, 66 hours
|
|
| PREFIX |
NO |
SHORT TITLE |
CR HRS |
|
|
|
|
| Miller College of Business
core, 39 hours
|
|
|
|
|
| ACC |
201 |
Prin Acct 1 |
3 |
|
202 |
Prin Acct 2 |
3 |
| BL |
260 |
Prin Bus Law |
3 |
| ECON |
201 |
Elem Micro |
3 |
|
202 |
Elem Macro |
3 |
|
221 |
Bus Stats |
3 |
| FIN |
300 |
Prin Fin 1 |
3 |
| ISOM |
135 |
Bus I S |
3 |
|
249 |
Fnds Bus Com |
3 |
|
351 |
Op Mgt |
3 |
| MGT |
300 |
Mgt Beh Org |
3 |
|
491 |
Policy Strat |
3 |
| MKG |
300 |
Prin Market |
3 |
|
|
|
______ |
|
|
|
39 hrs |
| ACC |
301 |
Inter Acct 1 |
3 |
|
302 |
Inter Acct 2 |
3 |
| ECON |
301 |
Intrmd Micro |
3 |
|
302 |
Intrmd Macro |
3 |
|
441 |
Monetary Pol |
3 |
| FIN |
301 |
Prin Fin 2 |
3 |
|
310 |
Invest 1 |
3 |
|
410 |
Invest 2 |
3 |
|
|
|
______ |
|
|
|
24 hrs |
| 3 hours from |
|
| ECON |
351 |
Internat Eco (3) |
|
|
369 |
Internship (3) |
|
|
424 |
Econometrics (3) |
|
| ACC |
430 |
Govt N F P (3) |
|
| |
440 |
Adv Fin Acc (3) |
|
| FIN |
353 |
Shrt Trm Fin (3) |
|
| |
367 |
Prac Fin (3) |
|
| |
445 |
Fin Stmt (3) |
3 |
|
|
|
______ |
|
|
|
66 hrs |
|
To pursue this
program, students must have sufficient mathematical preparation to
meet the prerequisite for ECON 221. The prerequisite for ECON 221
is a C or better grade in MATHS 136 or the equivalent;
sophomore standing; demonstrated proficiency in computer skills.
MATHS 136 simultaneously substitutes for the University Core
Curriculum math requirement. Proficiency in computer skills may be
demonstrated by examination, or credit in ISOM 125 or CS 104 or its
equivalent. The prerequisite for ISOM 135 is proficiency test
required or ISOM 125. All students will be required to take the
Major Field Test in Economics before graduation. |
(back to top)
| MAJOR IN ECONOMICS, LIBERAL ARTS
OPTION, 30-38 hours
|
|
| PREFIX |
NO |
SHORT TITLE |
CR HRS |
| Liberal arts
core requirements, 15-16 hours |
| ECON |
201 |
Elem Micro |
3 |
|
202 |
Elem Macro |
3 |
|
301 |
Intrmd Micro |
3 |
|
302 |
Intrmd Macro |
3 |
|
221 |
Bus Stats (3) |
|
|
or |
|
|
| MATHS |
321 |
Math Stat (4) |
3-4 |
| |
|
|
_____ |
| |
|
|
15-16 hrs |
| |
|
| Complete
general or one concentration |
|
| General,
15 hours |
|
| 9 hours from |
|
| 300-400
level ECON electives |
9 |
| 6 hours from |
|
| 300-400
level ECON |
|
|
or |
|
|
| ACC |
201 |
Prin Acct 1 (3) |
|
|
202 |
Prin Acct 2 (3) |
|
| FIN |
300 |
Prin Fin 1 (3) |
|
| |
320 |
Fin Mkt 1 (3) |
6 |
|
|
|
______ |
|
|
|
30-31 hrs |
Economics
and law concentration,
21 hours |
|
| POLS |
130 |
Amer Nat Gov |
3 |
| PHIL |
200 |
Logic |
3 |
| ECON |
346 |
Law Econ |
3 |
| 6 hours from |
|
| ECON |
310 |
Am Ec Hist 2 (3) |
|
| |
311 |
Environ Econ (3) |
|
| |
331 |
Labor Econ (3) |
|
| |
332 |
Labr Rel Law (3) |
|
| |
345 |
Gov Budgets (3) |
|
| |
351 |
Internat Eco (3) |
|
| |
370 |
Indust Organ (3) |
6 |
| 6 hours from |
|
| 300-400
level ECON |
|
| |
or |
|
|
| BL |
260 |
Prin Bus Law (3) |
|
| |
363 |
Uni Cod Law (3) |
|
| CJC |
250 |
Intro Courts (3) |
|
| |
350 |
Crimnl Evdnc (3) |
|
| |
351 |
Criminal Law (3) |
|
| POLS |
210 |
Pol Sci Res (3) |
|
| |
340 |
Law Enforcmt (3) |
|
| |
347 |
Env Law Poly (3) |
|
| |
443 |
Am Const Law (3) |
|
| |
444 |
Const Libert (3) |
|
| |
455 |
Administ Law (3) |
6 |
| |
|
|
_____ |
| |
|
|
36-37 hrs |
Financial
economics concentration,
21-22 hours |
|
| ECON |
424 |
Econometrics (3) |
|
| |
or |
|
|
| MATHS |
428 |
Reg Time Ser (3) |
3 |
| |
|
|
|
| ACC |
201 |
Prin Acct 1 |
3 |
| |
202 |
Prin Acct 2 |
3 |
| |
301 |
Inter Acct 1 |
3 |
| FIN |
300 |
Bus Fin 1 |
3 |
| |
|
|
|
| FIN |
310 |
Invest 1 (3) |
|
| |
or |
|
|
| MATHS |
454 |
Math Invest (4) |
3-4 |
| |
|
|
|
| 3 hours from |
|
| ECON |
441 |
Monetary Pol (3) |
|
| ACC |
302 |
Inter Acct 2 (3) |
|
| FIN |
301 |
Prin Fin 2 (3) |
|
| |
410 |
Invest 2 (3) |
3 |
| |
|
|
_____ |
| |
|
|
36-38 hrs |
|
To pursue this
program, students must have sufficient mathematical preparation to
meet the prerequisite for ECON 221. The prerequisite for ECON 221
is a C or better grade in MATHS 136 or the equivalent;
sophomore standing; demonstrated proficiency in computer skills.
MATHS 136 simultaneously substitutes for the University Core
Curriculum math requirement. Proficiency in computer skills may be
demonstrated by examination, or credit in ISOM 125 or CS 104 or its
equivalent. All students will be required to take the Major Field
Test in Economics before graduation. Economics and Law
Concentration is appropriate for pre-law students; Financial
Economics Concentration is appropriate for students who are
interested in financial analyst careers. |
(back to top)
| MINOR
IN ECONOMICS, 18 hours |
|
| Open to
both business and
non-business majors. |
| PREFIX |
NO |
SHORT TITLE |
CR HRS |
| ECON |
201 |
Elem Micro |
3 |
|
202 |
Elem Macro |
3 |
| 12 hours from electives in ECON
with at least 9 hours from 300- or 400-level courses |
12 |
|
|
|
______ |
|
|
|
18 hrs |
(back
to top)
TEACHING MAJOR IN SOCIAL STUDIES,
57-66
hours |
|
| See Teaching Major in
Social Studies, College of Sciences and Humanities, for total requirements for this area. |
| |
|
|
|
|
| Economics
area, 15 hours |
| PREFIX |
NO |
SHORT TITLE |
CR HRS |
| ECON |
201 |
Elem Micro |
3 |
|
202 |
Elem Macro |
3 |
|
301 |
Intrmd Micro |
3 |
| 6 hours from 300-400 level ECON |
6 |
|
|
|
______ |
|
|
|
15 hrs |
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COURSES:
ECONOMICS (ECON)
116 Survey of Economic
Ideas. (3)
The important conclusions of economics are surveyed and applied to topics chosen
by the instructor. Especially valuable to students with no high school background in
economics.
Not applicable to a major or minor in economics.
Not open to students who have credit in ECON 201 or 202.
201 Elementary
Microeconomics. (3)
A study of why people specialize as producers and exchange what they produce with
others. Includes analysis of how market structure affects prices. Discusses the issue of
whether self-interested economic behavior promotes or hinders society.
202 Elementary Macroeconomics. (3)
Survey of the major explanations for fluctuations in general business conditions.
Focuses on how the private sector's economic behavior is affected by various governmental
policies and institutions.
Prerequisite: ECON 201.
221 Business Statistics. (3)
Introduction to various
statistical and probabilistic concepts and techniques with application
to business problems including random variables and probability
distributions, measures of central tendency and dispersion, testing of
hypotheses, simple linear regression, and correlation. Prerequisite:
C
or better grade in MATHS 136 or equivalent; sophomore standing;
demonstrated proficiency in computer skills.
247 Economics and Statistics in the
Media. (3)
Provides communications and journalism majors with skills in
applying and intuitively understanding statistical and economic
concepts. Students will be expected to use these concepts in developing
news and feature stories.
279 Economic and Political Problems of Emerging
Nations. (3)
A survey of historical and contemporary problems of the less-developed nations. Conditions
contributing to economic, political, and social change. Problems of economic development
policies and programs within the institutional structure.
Internal and external pressures that influence patterns of development.
Not open to students who have credit in POLS 281.
299X Experimental/Developmental Topics.
(1-6)
Topics relevant to the discipline. Course titles will be announced before each
semester.
A total of 6 hours of credit may be earned.
301 Intermediate
Microeconomics. (3)
An investigation of the ways in which economic units direct resources into
production. Involves analyses of product pricing, output determination, resource pricing,
and employment in various market structures. Includes graphical and, in some instances,
simple algebraic analyses.
Prerequisite: ECON 201, 202.
302 Intermediate Macroeconomics. (3)
Analyzes national income as a measure of economic activity. Emphasizes the
determination of national income, employment, and price level and the rate of growth of
the economic system. Includes examination of the theories of consumption and investment
spending, interaction between money and national income, and implications of alternative
models for public policy. Includes graphical and, in some instances, simple algebraic
analyses.
Prerequisite: ECON 201, 202.
309 American Economic
History/Development from Origins to the Civil War. (3)
An economic history of America from its origins through the Civil War;
topics covered change but usually include demography, various forms of
labor institutions including slavery, the economics of colonialism, the
impact of revolution and independence, developments in transport,
industry and agriculture, the impact of war and trade. Prerequisite:
ECON 201, 202, or a combination of ECON 201 and 3 hours of credit in
United States History, or 6 hours of credit in United States History, or
permission of the professor
310 American Economic
History/Development from the Civil War to the Present. (3)
An economic history of the United States since the Civil War era; topics
change but usually include the transition to free labor, money and
banking, the evolving industrial structure, the growth of government,
depression and recovery, and the impact of wars and the international
sector upon American economic development.
Prerequisite: ECON 201, 202, or a combination of ECON 201 and 3
hours of credit in United States History, or 6 hours of credit in United
States History, or permission of the professor.
311 Environmental Economics. (3)
The application of economic principles to environmental problems. Emphasizes
applying the economist's decision-making model to environmental issues and the advantages
and shortcomings of the economist's analysis.
Prerequisite: ECON 201 and 3 hours of credit in natural resources, NREM 101, or permission
of the department chairperson.
Not open to students who have credit in NREM 303.
331 Labor Economics. (3)
Economic problems of the wage earner; growth, structure, and policies of labor
organization; and the employer and governmental policies toward labor.
Prerequisite: ECON 201, 202.
332 Labor Relations and Law. (3)
Study of collective bargaining, the joint determination by employers and
employees (through their representatives) of the problems of the employment
relationship--encompassing both the negotiation and administration of the labor agreement
with primary emphasis upon the rules governing these processes.
Prerequisite: ECON 201, 202 or permission of the department chairperson.
345 The Economics of Government Budgets. (3)
Analysis of economic theory behind alternative methods of financing government
budgets and debt management. Emphasizes economic consequences of budgets by examining
incidence, shifting, and incentives regarding provision of public services and alleviation
of economic insecurity.
Prerequisite: ECON 201.
346 Economic Analysis of Legal Issues. (3)
Applies microeconomic analysis to legal issues such as property rights, crime,
contracts, and liability rules. Strengthens the ability to engage in economic reasoning by
demonstrating its applicability to law and economics.
Prerequisite: ECON 201.
348 Health and Economics. (3)
Examines how institutions and incentives affect the health care choices
people make. Topics include the demand and supply of medical care, the
effects of health insurance, professional licensing, pharmaceutical
regulations, and government involvement in health care.
351 International Economics. (3)
International trade, finance, and commercial policy.
Prerequisite: ECON 201, 202.
369 Internship in Economics. (1-6)
Under a program
approved and supervised by the Department of Economics, economics majors
or minors work full-time for one semester as economics interns for
private or public organizations. Periodic written reports of job
experiences are required.
Prerequisite: ECON 301 or 302; permission of
the department chairperson.
A total of 6 hours of credit may be earned.
Open only to economics major or minor and second-semester junior or
senior standing.
370 Industrial Organization. (3)
Monopolistic, oligopolistic, and competitive market structures. Unsettled issues
concerning structure and conduct of industry; concentration, vertical integration, and
problems of economic regulation by the government.
Prerequisite: ECON 201.
380 Economic Growth. (3)
An analysis of the causes, mechanisms, and patterns of economic growth. Compares
and analyzes growth rates of various countries.
Prerequisite: ECON 201, 202.
381 Economics for Teachers: Content Issues and Pedagogy. (3)
Pre-service teachers explore content and pedagogy issues related to
teaching high school economics. Economic content is given by the
national and state standards. Explore pre- and post-tests of student
mastery of the standards. Explore economic concepts and pedagogies in
lesson plans used with students.
Prerequisite: ECON 201, 202.
390 Honors Colloquium in Economics.
(1-3)
Exploration of selected issues, themes, problems, or interpretations with emphasis on
individualized study and reporting.
Restricted to honors students; others by permission of the department chairperson.
A total of 3 hours of credit may be earned.
416 History of
Economic Doctrines. (3)
The history of how humankind has looked at its economic life, surveys the
changing ways economists have rationalized, articulated, and criticized economic
organization from biblical times to the present. The successive reformulations place a
major emphasis on the economic doctrines of the recent past and the present.
Prerequisite: ECON 201, 202.
421 Mathematical Economics. (3)
Use of mathematics in the development of selected economic theories. Survey of
input-output analysis and examination of the application of linear programming and the
theory of games to selected economic problems.
Prerequisite: ECON 201, 202; MATHS 132 or its equivalent.
424 Introduction to Econometrics. (3)
Quantitative methods in economics. Emphasizes constructing and testing
economic models. Topics include correlation, regression techniques and
the specific problems that arise in applying these to economic and
financial data, time series analysis, and forecasting. Prerequisite:
ECON 201, 202, 221.
441 The Theory of Monetary Policy. (3)
A theoretical presentation of how the board of governors of the Federal Reserve
System modifies the economic climate within which the institutions of the nation operate
and of the problems of government finance as they relate to the board's goal of general
economic stability.
Prerequisite: ECON 201, 202.
461 Comparative Economic Systems. (3)
Historical and comparative study of economic theories and systems.
Prerequisite: ECON 201, 202.
485 Urban Economics. (3)
The systematic economic structure of cities and the component parts of that
structure. Attention is given to the ways in which the economic structure of cities and
regions obstructs or facilitates the attainment of the goals of the community.
Prerequisite: ECON 201.
492 Readings and Directed Study in Economics.
(1-3) Students will pursue their interests in specialized economics subjects
under the direction of a member of the economics staff. Subjects studied will differ from
or be studied in greater depth than subjects treated in other economics courses.
Prerequisite: 6 hours of credit in economics.
A total of 6 hours of credit may be earned, but no more than 3 in any one semester or term.
495 Seminar in Economics. (1-3)
Topics center on economic problems and issues of special interest to students and
instructor. Permits in-depth studies of topics not formally treated in other courses,
thereby exposing interested students to a wider variety of economic problem-solving
situations.
Prerequisite: ECON 201, 202; permission of the department chairperson.
A total of 6 hours of credit may be earned, but no more than 3 in any one semester or term.
(back to top) |
