Department of Economics
Bachelor of Arts in Economics and Political Science
Students on Summer 2018, Fall 2018, or Spring 2019 requirements ECONPOLSBA
Requirements
The major requires at least 42 credit hours (*), including the requirements listed below.
- Economics courses. 18 credit hours in economics to include the following:
- Introduction to Microeconomics. One (1) course:
- ECON-B 251 Fundamentals of Economics for Business I
- ECON-E 201 Introduction to Microeconomics
- ECON-E 251
- ECON-S 201 Introduction to Microeconomics: Honors
ECON-B 251 Fundamentals of Economics for Business I
- Credits
- 3
- Prerequisites
- None
- Description
- First course in a two-course sequence that introduces business students to essential economic concepts. Examines the economic notions of cost and gains from trade, determinants of economic growth, consumer and firm behavior in competitive and non-competitive environments, the effects of taxation, externalities, moral hazard and adverse selection, and basic game theory.
- Repeatability
- Credit given for only one of ECON-B 251 or ECON-E 251.
- Fall 2024CASE SHcourse
ECON-E 201 Introduction to Microeconomics
- Credits
- 3
- Prerequisites
- None
- Description
- Scarcity, opportunity cost, competitive and non-competitive market pricing, and interdependence as an analytical core. Individual sections apply this core to a variety of current economic policy problems, such as poverty, pollution, excise taxes, rent controls, and farm subsidies.
- Fall 2024CASE SHcourse
ECON-S 201 Introduction to Microeconomics: Honors
- Credits
- 3
- Prerequisites
- Honors student
- Description
- Designed for students of superior ability. Covers same core materials as ECON-E 201 and substitutes for ECON-E 201 as a prerequisite for other courses.
- Fall 2024CASE SHcourse
- Introduction to Macroeconomics. One (1) course:
- ECON-B 252 Fundamentals of Economics for Business II
- ECON-E 202 Introduction to Macroeconomics
- ECON-E 252 Fundamentals of Economics II
- ECON-S 202 Introduction to Macroeconomics: Honors
ECON-B 252 Fundamentals of Economics for Business II
- Credits
- 3
- Prerequisites
- ECON-B 251
- Description
- Continuation of Fundamental of Economics for Business I. After a review of the major types of markets, explores macroeconomic concepts, beginning with measurement and the National Income Accounts, and then moving to cycle fluctuations and performance of stock markets. Concludes with microeconomic and macroeconomic perspectives in two areas: labor markets and globalization will applications in business contexts.
- Repeatability
- Credit given for only one of ECON-B 252 or ECON-E 252.
- Fall 2024CASE SHcourse
ECON-E 202 Introduction to Macroeconomics
- Credits
- 3
- Prerequisites
- ECON-E 201 or ECON-S 201
- Description
- Measuring and explaining aggregate economic performance, money, monetary policy, and fiscal policy as an analytical core. Individual sections apply this core to a variety of current economic policy problems, such as inflation, unemployment, and economic growth.
- Fall 2024CASE SHcourse
ECON-E 252 Fundamentals of Economics II
- Credits
- 3
- Prerequisites
- ECON-E 251 or ECON-B 251
- Description
- Continuation of Fundamental of Economics I. After a review of the major types of markets, explores macroeconomic concepts, beginning with measurement and the National Income Accounts, and then moving to cycle fluctuations and performance of stock markets. Concludes with microeconomic and macroeconomic perspectives in two areas: labor markets and globalization.
- Repeatability
- Credit given for only one of ECON-E 252 or ECON-B 252.
- Fall 2024CASE SHcourse
ECON-S 202 Introduction to Macroeconomics: Honors
- Credits
- 3
- Prerequisites
- ECON-S 201 or ECON-E 201; Honors student
- Description
- Designed for students of superior ability. Covers same core material as ECON-E 202 and substitutes for ECON-E 202 as a prerequisite for other courses.
- Fall 2024CASE SHcourse
- Intermediate Microeconomic Theory. One (1) course:
- ECON-E 321 Intermediate Microeconomic Theory
- ECON-S 321 Intermediate Microeconomic Theory: Honors
ECON-E 321 Intermediate Microeconomic Theory
- Credits
- 3
- Prerequisites
- ECON-B 251 or ECON-E 251; and MATH-J 113, MATH-M 119, MATH-V 119, MATH-M 211, or MATH-S 211
- Description
- Develops economic models of both consumer and firm behavior, including non-strategic and strategic interactions. Models of market structure and behavior focus on price and output determination and include circumstances in which markets may succeed or fail to deliver socially beneficial outcomes.
- Repeatability
- Credit given for only one of ECON-E 321 or ECON-S 321.
- Fall 2024CASE SHcourse
ECON-S 321 Intermediate Microeconomic Theory: Honors
- Credits
- 3
- Prerequisites
- ECON-B 251 or ECON-E 251; and MATH-J 113, MATH-M 119, MATH-V 119, MATH-M 211, or MATH-S 211
- Description
- Designed for students of superior ability. Covers same core material as ECON-E 321.
- Repeatability
- Credit given for only one of ECON-E 321 or ECON-S 321.
- Fall 2024CASE SHcourse
- Electives above ECON-E 321. Two courses (6 credit hours) numbered above ECON-E 321 (excluding ECON-E 370, ECON-X 373 and ECON-E 496).
- Elective. One course at the 300/400 level (excluding ECON-E 370, ECON-X 373, and ECON-E 496).
- Introduction to Microeconomics. One (1) course:
- Political Science courses. 18 credit hours in political science to include the following:
- Core course. One (1) course:
- POLS-Y 204 Institutional Analysis and Governance
- POLS-Y 205 Analyzing Politics
- POLS-Y 303 Formation of Public Policy in the United States
- POLS-Y 394 Public Policy Analysis
- POLS-Y 405 Models and Theories of Political Decision Making
POLS-Y 204 Institutional Analysis and Governance
- Credits
- 3
- Prerequisites
- None
- Description
- Introduces the design and development of political, economic, and social institutions that support democratic governance or its alternatives. Uses theory to understand connections among individual choice, collective action, institutions, and constitutional order. Institutional analysis as a mode of reasoning about contemporary policy problems, law, and public affairs.
- Fall 2024CASE SHcourse
POLS-Y 205 Analyzing Politics
- Credits
- 3
- Prerequisites
- None
- Description
- Introduces the approaches and techniques used to study politics. Includes an introduction to social science language, concepts, and critical research skills. Overview of political science research approaches, including case study, surveys, and model-building. Emphasizes skills such as interpreting the presentation of data in charts, graphs, and tables, and elementary analysis of qualitative and quantitative data.
- Fall 2024CASE SHcourse
POLS-Y 303 Formation of Public Policy in the United States
- Credits
- 3
- Prerequisites
- None
- Description
- Processes and institutions involved in the formation of public policy in American society.
- Fall 2024CASE SHcourse
POLS-Y 394 Public Policy Analysis
- Credits
- 3
- Prerequisites
- None
- Description
- Place of theory and method in examining public policies in relation to programs, institutional arrangements, and constitutional problems. Particular reference to American political experience.
- Fall 2024CASE SHcourse
POLS-Y 405 Models and Theories of Political Decision Making
- Credits
- 3
- Prerequisites
- One course in political science at the 200 level or above
- Notes
- R: ECON-E 201
- Description
- Introduces collective choice and game theory for understanding how societies make political decisions. Examines how institutions, or the political context in which decisions are made, affect group choices. Theories of individual and group decision making, collective choice, and social dilemmas. Applications to congressional politics, intergovernmental relations, and parliamentary democracies.
- Fall 2024CASE SHcourse
- Electives. 15 credit hours:
- POLS-X 477 Field Experience in Political Science
- POLS-Y 204 Institutional Analysis and Governance
- POLS-Y 205 Analyzing Politics
- POLS-Y 300
- POLS-Y 301 Political Parties and Interest Groups
- POLS-Y 302 Public Bureaucracy in Modern Society
- POLS-Y 303 Formation of Public Policy in the United States
- POLS-Y 304 Constitutional Law
- POLS-Y 305 Constitutional Rights and Liberties
- POLS-Y 306 State Politics in the United States
- POLS-Y 307 Indiana State Government and Politics
- POLS-Y 308 Urban Politics
- POLS-Y 313 Environmental Policy
- POLS-Y 317 Voting, Elections, and Public Opinion
- POLS-Y 326 American Social Welfare Policy
- POLS-Y 329 Racial and Ethnic Politics in the United States
- POLS-Y 335 Western European Politics
- POLS-Y 343 The Politics of International Development
- POLS-Y 346 Politics in the Developing World
- POLS-Y 349 Policy Making Around the Globe
- POLS-Y 350 Politics of the European Union
- POLS-Y 376 International Political Economy
- POLS-Y 394 Public Policy Analysis
- POLS-Y 399
- POLS-Y 401 Topics in Political Science (may be repeated once for credit. No other course may be repeated for credit)
- POLS-Y 405 Models and Theories of Political Decision Making
- POLS-Y 490 Senior Seminar in Political Science
- POLS-Y 499 Honors Thesis
POLS-X 477 Field Experience in Political Science
- Credits
- 1–6 credit hours
- Prerequisites
- Junior or senior standing, 15 credit hours of political science, and project approval by instructor
- Description
- Faculty-directed study of aspects of the political process based on field experience. Directed readings, field research, research papers. Certain internship experiences may require research skills.
- Repeatability
- May be repeated for a maximum of 6 credit hours in POLS-X 477 and POLS-Y 481.
POLS-Y 204 Institutional Analysis and Governance
- Credits
- 3
- Prerequisites
- None
- Description
- Introduces the design and development of political, economic, and social institutions that support democratic governance or its alternatives. Uses theory to understand connections among individual choice, collective action, institutions, and constitutional order. Institutional analysis as a mode of reasoning about contemporary policy problems, law, and public affairs.
- Fall 2024CASE SHcourse
POLS-Y 205 Analyzing Politics
- Credits
- 3
- Prerequisites
- None
- Description
- Introduces the approaches and techniques used to study politics. Includes an introduction to social science language, concepts, and critical research skills. Overview of political science research approaches, including case study, surveys, and model-building. Emphasizes skills such as interpreting the presentation of data in charts, graphs, and tables, and elementary analysis of qualitative and quantitative data.
- Fall 2024CASE SHcourse
POLS-Y 301 Political Parties and Interest Groups
- Credits
- 3
- Prerequisites
- None
- Description
- Theories of American party activity; behavior of political parties, interest groups, and social movements; membership in groups; organization and structure; evaluation and relationship to the process of representation.
- Fall 2024CASE SHcourse
POLS-Y 302 Public Bureaucracy in Modern Society
- Credits
- 3
- Prerequisites
- None
- Description
- Examines public bureaucracy, with special emphasis upon the United States, as a political phenomenon engaging in policy-making and in the definition of the terms of policy issues. Considers the role of bureaucratic instruments in promoting social change, and in responding to it.
- Fall 2024CASE SHcourse
POLS-Y 303 Formation of Public Policy in the United States
- Credits
- 3
- Prerequisites
- None
- Description
- Processes and institutions involved in the formation of public policy in American society.
- Fall 2024CASE SHcourse
POLS-Y 304 Constitutional Law
- Credits
- 3
- Prerequisites
- None
- Description
- American political powers and structures; selected Supreme Court decisions interpreting American constitutional system.
- Fall 2024CASE SHcourse
POLS-Y 305 Constitutional Rights and Liberties
- Credits
- 3
- Prerequisites
- None
- Description
- Extent and limits of constitutional rights; selected Supreme Court decisions interpreting American constitutional system.
- Fall 2024CASE SHcourse
POLS-Y 306 State Politics in the United States
- Credits
- 3
- Prerequisites
- None
- Description
- Comparative study of politics in the American states. Special emphasis on the impact of political culture, party systems, legislatures, and bureaucracies on public policies.
- Fall 2024CASE SHcourse
POLS-Y 307 Indiana State Government and Politics
- Credits
- 3
- Prerequisites
- None
- Description
- Constitutional foundations, political development, organizational and functional process and growth, and current problems of Indiana government. Readings, case studies, problems.
- Fall 2024CASE SHcourse
POLS-Y 308 Urban Politics
- Credits
- 3
- Prerequisites
- None
- Description
- Political behavior in modern American communities; emphasizes the impact of municipal organization, city officials and bureaucracies, social and economic notables, political parties, interest groups, the general public, and protest organizations on urban policy outcomes.
- Fall 2024CASE SHcourse
POLS-Y 313 Environmental Policy
- Credits
- 3
- Prerequisites
- None
- Description
- Examines the processes of social decision reconciling human demands on the natural world with the ability of nature to sustain life and living standards. Analyzes the implications for public policies in complex sequential interactions among technical, economic, social, and political systems and considers the consequences of alternative courses of action.
- Fall 2024CASE SHcourse
POLS-Y 317 Voting, Elections, and Public Opinion
- Credits
- 3
- Prerequisites
- None
- Description
- Determinants of voting behavior in elections. The nature of public opinion regarding major domestic and foreign policy issues; development of political ideology; other influences on the voting choices of individuals and the outcomes of elections; relationships among public opinion, elections, and the development of public policy.
- Fall 2024CASE SHcourse
POLS-Y 326 American Social Welfare Policy
- Credits
- 3
- Prerequisites
- None
- Description
- Values and social welfare policy. Development, current status, politics and proposals for reform of social security and private pensions, income maintenance policy, health care, and housing. The future of the welfare state.
- Fall 2024CASE SHcourse
POLS-Y 329 Racial and Ethnic Politics in the United States
- Credits
- 3
- Prerequisites
- None
- Description
- A survey of minority group politics in the United States. The course examines the socioeconomic position and political history of various demographic groups and highlights key public policy debates central to the future of ethnic politics and race relations in the United States. Compares theories of racial formation in the context of a political system predicated on majority rule.
- Fall 2024CASE DUScourse
- Fall 2024CASE SHcourse
POLS-Y 335 Western European Politics
- Credits
- 3
- Prerequisites
- None
- Description
- Development, structure, and functioning of political systems, primarily in France, Italy, and Germany. Political dynamics of European integration.
- Repeatability
- Credit given for only one of POLS-Y 335 or EURO-W 301.
- Fall 2024CASE GCCcourse
- Fall 2024CASE SHcourse
POLS-Y 343 The Politics of International Development
- Credits
- 3
- Prerequisites
- None
- Description
- Examines the key debates and issues regarding how "poor" countries develop economically and socially. Analyzes the interactions between politics and economics in the development process at the global, national, and local levels. Cases for comparison will include countries from Africa, Latin America, Asia, and the Middle East.
- Fall 2024CASE SHcourse
POLS-Y 346 Politics in the Developing World
- Credits
- 3
- Prerequisites
- None
- Description
- Focuses on politics in the developing world (Africa, Asia, Latin America, and the Middle East). Comparison of political history; experiences of colonialism and post-colonial authoritarian systems; political economy; development and globalization; democratization and management of protest and conflict; and interactions with international actors and transnational social movements.
- Fall 2024CASE SHcourse
POLS-Y 349 Policy Making Around the Globe
- Credits
- 3
- Prerequisites
- None
- Description
- Compares public policies and policy making among both advanced industrial democracies and the developing world. Surveys policy areas such as immigration, health care, education, and workers' rights.
- Fall 2024CASE GCCcourse
- Fall 2024CASE SHcourse
POLS-Y 350 Politics of the European Union
- Credits
- 3
- Prerequisites
- None
- Description
- Study of the politics of the European Union (EU). Assesses past and present dynamics of economic and political integration in Europe, the structure and work of European Union institutions, and EU public policies such as the Single Market, the common currency, common foreign and security policy, and trade.
- Fall 2024CASE SHcourse
POLS-Y 376 International Political Economy
- Credits
- 3
- Prerequisites
- None
- Description
- Theories about the interaction between the international economic and political systems are the subject of this course. Works from each of the main traditions -- liberal, Marxist, and statist -- will be assigned. Specific topics covered will include (among others): the politics of trade, aid, foreign investment, and international monetary affairs; theories of dependency and imperialism; the politics of international competition in specific industries; the stability/ instability of international economic regimes.
- Fall 2024CASE SHcourse
POLS-Y 394 Public Policy Analysis
- Credits
- 3
- Prerequisites
- None
- Description
- Place of theory and method in examining public policies in relation to programs, institutional arrangements, and constitutional problems. Particular reference to American political experience.
- Fall 2024CASE SHcourse
POLS-Y 401 Topics in Political Science
- Credits
- 2–3 credit hours
- Prerequisites
- None
- Description
- Topic varies with the instructor and year; consult the online
- Repeatability
- May be repeated once for a maximum of 6 credit hours.
- Fall 2024CASE SHcourse
POLS-Y 405 Models and Theories of Political Decision Making
- Credits
- 3
- Prerequisites
- One course in political science at the 200 level or above
- Notes
- R: ECON-E 201
- Description
- Introduces collective choice and game theory for understanding how societies make political decisions. Examines how institutions, or the political context in which decisions are made, affect group choices. Theories of individual and group decision making, collective choice, and social dilemmas. Applications to congressional politics, intergovernmental relations, and parliamentary democracies.
- Fall 2024CASE SHcourse
POLS-Y 490 Senior Seminar in Political Science
- Credits
- 3
- Prerequisites
- Senior standing or consent of department
- Notes
- Research paper required
- Description
- Seminar sessions arranged to present papers for evaluation and criticism by fellow students. Subject matter varies by semester.
- Repeatability
- May be repeated with a different topic for a maximum of 6 credit hours.
POLS-Y 499 Honors Thesis
- Credits
- 1–12 credit hours
- Prerequisites
- Consent of instructor and departmental honors director
- Description
- None
- Repeatability
- May be repeated for a maximum of 12 credit hours.
- Core course. One (1) course:
- Statistics. One (1) course:
- ECON-E 370 Statistical Analysis for Business and Economics
- ECON-S 370 Statistical Analysis for Business and Economics: Honors
- POLS-Y 395 Quantitative Political Analysis
ECON-E 370 Statistical Analysis for Business and Economics
- Credits
- 3
- Prerequisites
- MATH-M 118, MATH-S 118, or MATH-V 118
- Notes
- R: ECON-E 252 or ECON-B 252 and MATH-M 119
- Description
- Lectures emphasize the use of basic probability concepts and statistical theory in the estimation and testing of single parameter and multivariate relationships. In computer labs, using Microsoft Excel, each student calculates descriptive statistics, probabilities, and least squares regression coefficients in situations based on current business and economic events.
- Repeatability
- Credit given for only one of ANTH-A 306, CJUS-K 300, ECON-E 370, ECON-S 370, MATH-K 300, MATH-K 310, POLS-Y 395, PSY-K 300, PSY-K 310, SOC-S 371, SPEA-K 300, SPH-Q 381, STAT-K 310, STAT-S 300, STAT-S 301, or STAT-S 303.
- Fall 2024CASE NMcourse
ECON-S 370 Statistical Analysis for Business and Economics: Honors
- Credits
- 3
- Prerequisites
- MATH-M 118, MATH-S 118, or MATH-V 118; and Hutton Honors student
- Notes
- R: MATH-M 119 and ECON-E 252 or ECON-B 252
- Description
- Honors course. Designed for students of superior ability. Covers same core material as ECON-E 370.
- Repeatability
- Credit given for only one of ANTH-A 306, CJUS-K 300, ECON-E 370, ECON-S 370, MATH-K 300, MATH-K 310, POLS-Y 395, PSY-K 300, PSY-K 310, SOC-S 371, SPEA-K 300, SPH-Q 381, STAT-K 310, STAT-S 300, STAT-S 301, or STAT-S 303.
- Fall 2024CASE NMcourse
POLS-Y 395 Quantitative Political Analysis
- Credits
- 3
- Prerequisites
- None
- Description
- Introduction to methods and statistics used in political inquiry, including measures of central tendency and dispersion, probability, sampling, statistical inference and hypothesis testing, measures of association, analysis of variance, and regression.
- Repeatability
- Credit given for only one of ANTH-A 306, CJUS-K 300, ECON-E 370, ECON-S 370, MATH-K 300, MATH-K 310, POLS-Y 395, PSY-K 300, PSY-K 310, SOC-S 371, SPEA-K 300, SPH-Q 381, STAT-K 310, STAT-S 300, STAT-S 301, or STAT-S 303.
- Fall 2024CASE NMcourse
- Additional requirements. (These courses do not count toward the 42 credit hours required for the major, but must be completed with a minimum grade of C-.)
- Finite Mathematics. One (1) course:
- MATH-M 118 Finite Mathematics
- MATH-S 118 Honors Finite Mathematics
MATH-M 118 Finite Mathematics
- Credits
- 3
- Prerequisites
- None
- Notes
- R: To be successful, students will demonstrate mastery of two years of high school algebra as indicated by an appropriate ALEKS score or completion of MATH-M 014, MATH-M 018, or MATH-J 111
- Description
- Sets, counting, basic probability, including random variables and expected values. Linear systems, matrices, linear programming, and applications.
- Repeatability
- Credit given for only one of MATH-A 118, MATH-M 118, MATH-S 118, MATH-V 118; or MATH-D 116 and MATH-D 117.
- Fall 2024CASE MMcourse
- Fall 2024CASE NMcourse
MATH-S 118 Honors Finite Mathematics
- Credits
- 3
- Prerequisites
- Hutton Honors College membership
- Notes
- R: To be successful students will demonstrate mastery of two years of high school algebra as indicated by an appropriate ALEKS score or completion of MATH-M 014, MATH-M 018, or MATH-J 111
- Description
- Designed for students of outstanding ability in mathematics. Covers all material of MATH-M 118 and additional topics from statistics and game theory. Computers may be used in this course, but no previous experience is assumed.
- Fall 2024CASE MMcourse
- Fall 2024CASE NMcourse
- Calculus. One (1) course:
- MATH-M 119 Brief Survey of Calculus I
- MATH-M 211 Calculus I
MATH-M 119 Brief Survey of Calculus I
- Credits
- 3
- Prerequisites
- None
- Notes
- R: To be successful, students will demonstrate mastery of two years of high school algebra, one year of high school geometry, and pre-calculus as indicated by an appropriate ALEKS score or completion of MATH-M 025 or MATH-M 027
- Description
- Introduction to calculus. Primarily for students from business and the social sciences.
- Repeatability
- Credit given for only one of MATH-J 113, MATH-M 119, MATH-V 119, MATH-M 211, or MATH-S 211.
- Fall 2024CASE MMcourse
- Fall 2024CASE NMcourse
MATH-M 211 Calculus I
- Credits
- 4
- Prerequisites
- None
- Notes
- R: To be successful, students will demonstrate mastery of two years of high school algebra, one year of high school geometry, and pre-calculus, and trigonometry as indicated by an appropriate ALEKS score or completion of MATH-M 027
- Description
- Limits, continuity, derivatives, definite and indefinite integrals, applications.
- Repeatability
- A student may receive credit for only one of the following: MATH-J 113, MATH-M 119, MATH-V 119, MATH-M 211, or MATH-S 211.
- Fall 2024CASE MMcourse
- Fall 2024CASE NMcourse
- Finite Mathematics. One (1) course:
- Major GPA, Hours, and Minimum Grade Requirements.
- At least 18 credit hours in the major must be completed in courses taken through the Indiana University Bloomington campus or an IU-administered or IU co-sponsored Overseas Study program.
- At least 18 credit hours in the major must be completed at the 300–499 level.
- Except for the GPA requirement, a grade of C- or higher is required for a course to count toward a requirement in the major.
- A GPA of at least 2.000 for all courses taken in the major—including those where a grade lower than C- is earned—is required.
- Exceptions to major requirements may be made with the approval of the department's Director of Undergraduate Studies, subject to final approval by the College of Arts and Sciences.
Notes
The Bachelor of Arts degree requires at least 120 credit hours, to include the following:
- College of Arts and Sciences Credit Hours. At least 100 credit hours must come from College of Arts and Sciences disciplines.
- Upper Division Courses. At least 42 credit hours (of the 120) must be at the 300–499 level.
- College Residency. Following completion of the 60th credit hour toward degree, at least 36 credit hours of College of Arts and Sciences coursework must be completed through the Indiana University Bloomington campus or an IU-administered or IU co-sponsored Overseas Study program.
- College GPA. A cumulative grade point average (GPA) of at least 2.000 is required for all courses taken at Indiana University.
- CASE Requirements. The following College of Arts and Sciences Education (CASE) requirements must be completed:
- CASE Foundations
- CASE Breadth of Inquiry
- CASE Culture Studies
- CASE Critical Approaches: 1 course
- CASE Foreign Language: Proficiency in a single foreign language through the second semester of the second year of college-level coursework
- CASE Intensive Writing: 1 course
- CASE Public Oral Communication: 1 course
- Major. Completion of the major as outlined in the Major Requirements section above.
Most students must also successfully complete the Indiana University Bloomington General Education program.