Department of Economics
Concentration in Economics of the Public Sector and Labor Markets (Bachelor of Arts in Economics)
Students on Summer 2018, Fall 2018, or Spring 2019 requirements ECPBSLMCON
Requirements
The concentration requires at least 9 credit hours, including the requirements listed below.
- Three (3) courses:
- ECON-E 341 Economics of Labor Market
- ECON-E 351 Law and Economics
- ECON-E 361 Public Finance: Government Spending
- ECON-E 362 Public Finance: Taxation
ECON-E 341 Economics of Labor Market
- Credits
- 3
- Prerequisites
- ECON-E 321 or ECON-S 321
- Notes
- R: ECON-E 370 or ECON-S 370
- Description
- Analysis of the functioning of labor markets with theoretical, empirical, and policy applications in determination of employment and wages in the U.S. economy.
ECON-E 351 Law and Economics
- Credits
- 3
- Prerequisites
- ECON-E 321 or ECON-S 321
- Description
- Devoted to economic analysis of law, focusing on the economic efficiency of common law. Main components of the course are property law, contracts, and torts; some aspects of criminal law are also covered. Discussion is based mostly on examples, both invented and taken from actual cases.
ECON-E 361 Public Finance: Government Spending
- Credits
- 3
- Prerequisites
- ECON-E 321 or ECON-S 321
- Notes
- Only 6 credit hours from ECON-E 308, ECON-E 361, and ECON-E 362 may be counted toward a major in economics
- Description
- Theory of public goods and externalities. Cost-benefit analysis. Public choice theory. Analysis of specific expenditure, transfer, and regulatory programs.
ECON-E 362 Public Finance: Taxation
- Credits
- 3
- Prerequisites
- ECON-E 321 or ECON-S 321
- Notes
- Only 6 credit hours from ECON-E 308, ECON-E 361, and ECON-E 362 may be counted toward a major in economics
- Description
- U.S. tax structure, income redistribution effects, and efficiency in resource allocation. Use of welfare theory and microeconomic models to evaluate particular issues.
- Concentration GPA, Hours, and Minimum Grade Requirements.
- At least 9 credit hours in the concentration 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 concentration.
- A GPA of at least 2.000 for all courses taken in the concentration—including those where a grade lower than C- is earned—is required.
- Exceptions to concentration 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.