Department of Economics
Bachelor of Arts in Economics
Students on Summer 2020, Fall 2020, or Spring 2021 requirements ECONBA
Requirements
The major requires at least 30 credit hours (36 with Addenda Requirements), including the requirements listed below.
- Fundamentals of Economics I. One (1) course:
- ECON-B 251 Fundamentals of Economics for Business I
- ECON-E 251
- ECON-S 251 Fundamentals of Economics for Business I: 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.
- Spring 2025CASE SHcourseFall 2024CASE SHcourse
ECON-S 251 Fundamentals of Economics for Business I: Honors
- Credits
- 3
- Prerequisites
- Must be a Hutton Honors student
- Description
- First in a two-course sequence that introduces honors business students to essential economic concepts. Examines economic notions of cost and gains from trade, determinants of economic growth, consumer and firm behavior in competitive and non-competitive environments, effects of taxation, externalities, moral hazard and adverse selection, and basic game theory.
- Repeatability
- Credit given for only one of ECON-S 251, ECON-B 251, or ECON-E 251.
- Fundamentals of Economics II. One (1) course:
- ECON-B 252 Fundamentals of Economics for Business II
- ECON-E 252 Fundamentals of Economics II
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.
- Spring 2025CASE SHcourseFall 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.
- Spring 2025CASE SHcourseFall 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.
- Spring 2025CASE SHcourseFall 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.
- Spring 2025CASE SHcourseFall 2024CASE SHcourse
- Intermediate Macroeconomic Theory. One (1) course:
- ECON-E 322 Intermediate Macroeconomic Theory
- ECON-S 322 Intermediate Macroeconomic Theory: Honors
ECON-E 322 Intermediate Macroeconomic Theory
- Credits
- 3
- Prerequisites
- ECON-E 252 or ECON-B 252; and ECON-E 321 or ECON-S 321
- Description
- National income accounting; theory of income, employment, and price level. Countercyclical and other public policy measures.
- Spring 2025CASE SHcourseFall 2024CASE SHcourse
ECON-S 322 Intermediate Macroeconomic Theory: Honors
- Credits
- 3
- Prerequisites
- ECON-E 252 or ECON-B 252 and ECON-E 321 or ECON-S 321; Hutton Honors student
- Description
- Designed for students of superior ability. Covers same core material as ECON-E 322 and substitutes for ECON-E 322 as a prerequisite for other courses.
- Repeatability
- Credit given for only one of ECON-S 322 or ECON-E 322.
- Spring 2025CASE SHcourseFall 2024CASE SHcourse
- Statistics. One (1) course:
- ECON-E 370 Statistical Analysis for Business and Economics
- ECON-S 370 Statistical Analysis for Business and Economics: Honors
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.
- Spring 2025CASE NMcourseFall 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.
- Spring 2025CASE NMcourseFall 2024CASE NMcourse
- Econometrics. One (1) course:
- ECON-E 371 Introduction to Applied Econometrics
- ECON-E 471 Econometric Theory and Practice I
- ECON-S 371 Introduction to Applied Econometrics: Honors
ECON-E 371 Introduction to Applied Econometrics
- Credits
- 3
- Prerequisites
- ECON-E 251 or ECON-B 251; and ECON-E 370 or ECON-S 370; and MATH-J 113, MATH-M 119, MATH-V 119, MATH-M 211, or MATH-S 211
- Description
- An introduction to the theory and application of least-squares regression in empirical economics. Review of bivariate and multivariate regression models, hypothesis testing, and confidence intervals. Special topics include model specification, multicollinearity, heteroscedasticity, dummy variables, interactions, and various sources of estimation bias. Students will learn to work with both cross-sectional and time-series datasets, and analyze the data using an econometrics software package.
- Repeatability
- Credit given for only one of ECON-E 371 or ECON-S 371.
ECON-E 471 Econometric Theory and Practice I
- Credits
- 3
- Prerequisites
- ECON-E 370, ECON-S 370, or MATH-M 365; and MATH-M 301, MATH-M 303, or MATH-S 303; and MATH-M 311 or MATH-S 311
- Notes
- Only 9 credit hours from ECON-E 371, ECON-S 371, ECON-E 471, and ECON-E 472 may be counted toward a major in economics
- Description
- Emphasis is on the classical linear regression model and its applications. Special topics include finite and asymptotic properties of least squares, hypothesis testing, model specification, dummy variables, proxies, multicollinearity and heteroscedasticity.
ECON-S 371 Introduction to Applied Econometrics: Honors
- Credits
- 3
- Prerequisites
- ECON-E 251 or ECON-B 251; and ECON-E 370 or ECON-S 370; and MATH-J 113, MATH-M 119, MATH-V 119, MATH-M 211, or MATH-S 211; and Hutton Honors Student
- Description
- Designed for students of superior ability. Covers same core material as ECON-E 371 and substitutes for ECON-E 371 as a prerequisite for other courses.
- Repeatability
- Credit given for only one of ECON-S 371 or ECON-E 371.
- Advanced Electives. Three (3) courses:
- ECON-E 327 Game Theory
- ECON-E 331 International Trade
- ECON-E 332 International Monetary Economics
- ECON-E 337 Economic Development
- ECON-E 341 Economics of Labor Market
- ECON-E 344 Health Economics
- ECON-E 351 Law and Economics
- ECON-E 361 Public Finance: Government Spending
- ECON-E 362 Public Finance: Taxation
- ECON-E 364 Environment and Resource Economics
- ECON-E 371 Introduction to Applied Econometrics
- ECON-E 385 Economics of Industry
- ECON-E 386 Soviet-Type Economies in Transition
- ECON-E 390 Undergraduate Seminar in Economics
- ECON-E 392 Seminar in Computational Methods and Econometrics
- ECON-E 401 Machine Learning for Economic Data
- ECON-E 402 Computational Methods In Macroeconomics
- ECON-E 425 Financial Economics
- ECON-E 427 Seminar in Experimental Economics
- ECON-E 471 Econometric Theory and Practice I
- ECON-E 472 Econometric Theory and Practice II
- ECON-E 490 Advanced Undergraduate Seminar in Economics
- ECON-E 411
- ECON-S 371 Introduction to Applied Econometrics: Honors
- ECON-X 398 Independent Research in Economics
ECON-E 327 Game Theory
- Credits
- 3
- Prerequisites
- ECON-E 321 or ECON-S 321
- Description
- Mathematical analysis of strategic interaction. Noncooperative games played once or repeatedly, with perfect or imperfect information. Necessary condition for a solution (equilibrium) as well as sufficient conditions (refinements). Cooperative games, such as bargaining and market games. Numerous applications, including experimental games.
- Spring 2025CASE SHcourseFall 2024CASE SHcourse
ECON-E 331 International Trade
- Credits
- 3
- Prerequisites
- ECON-E 321 or ECON-S 321
- Notes
- Only 6 credit hours from ECON-E 303, ECON-E 331, and ECON-E 332 may be counted toward a major in economics
- Description
- Theories of trade pattern, positive and normative aspects of trade and trade-related policies in competitive and non-competitive markets; effects of trade liberalization and economic integration; trade policies by developed and developing nations; international factor movements.
ECON-E 332 International Monetary Economics
- Credits
- 3
- Prerequisites
- ECON-E 321 or ECON-S 321
- Notes
- Only 6 credit hours from ECON-E 303, ECON-E 331, and ECON-E 332 may be counted toward a major in economics
- Description
- Theory of exchange rate and balance of payments adjustment, macroeconomic policy in open economies, history and comparison of international monetary systems, and proposals for reform.
- Repeatability
- Credit given for only one of ECON-E 332 and ECON-E 433.
ECON-E 337 Economic Development
- Credits
- 3
- Prerequisites
- ECON-E 321 or ECON-S 321
- Description
- Characteristics of economically underdeveloped countries. Obstacles to sustained growth; planning and other policies for stimulating growth; examination of development problems and experience in particular countries.
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 344 Health Economics
- Credits
- 3
- Prerequisites
- ECON-E 321 or ECON-S 321
- Notes
- R: ECON-E 370 or ECON-S 370
- Description
- Systematic introduction to health economics and economics of health care, emphasis on basic economic concepts such as supply and demand, production of health, information economics, choice under uncertainty, health insurance markets, Medicare and Medicaid, managed care, government intervention and regulation. Survey course with some topics in some depth.
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.
ECON-E 364 Environment and Resource Economics
- Credits
- 3
- Prerequisites
- ECON-E 321 or ECON-S 321
- Description
- Basic theory of common property resources applied to environment and resource conservation problems. Topics include economic efficiency, equity, measurement problems, and policy formulation.
- Spring 2025CASE SHcourseFall 2024CASE SHcourse
ECON-E 371 Introduction to Applied Econometrics
- Credits
- 3
- Prerequisites
- ECON-E 251 or ECON-B 251; and ECON-E 370 or ECON-S 370; and MATH-J 113, MATH-M 119, MATH-V 119, MATH-M 211, or MATH-S 211
- Description
- An introduction to the theory and application of least-squares regression in empirical economics. Review of bivariate and multivariate regression models, hypothesis testing, and confidence intervals. Special topics include model specification, multicollinearity, heteroscedasticity, dummy variables, interactions, and various sources of estimation bias. Students will learn to work with both cross-sectional and time-series datasets, and analyze the data using an econometrics software package.
- Repeatability
- Credit given for only one of ECON-E 371 or ECON-S 371.
ECON-E 385 Economics of Industry
- Credits
- 3
- Prerequisites
- ECON-E 321 or ECON-S 321
- Description
- Empirical analysis of market structure and behavior. Location, technology, economies of scale, vertical integration, conglomerates, barriers to entry, and competitive practices. Economic assessment of product performance and environmental impact.
ECON-E 386 Soviet-Type Economies in Transition
- Credits
- 3
- Prerequisites
- ECON-E 321 or ECON-S 321
- Description
- Economic institutions, resource allocation mechanisms, incentives and decision-making in a Soviet-type economy; economics of transition to a market-oriented system. Particular attention is paid to price liberalization, development of the financial system, privatization of state-owned assets, opening to the world economy, and the role of private sector.
- Repeatability
- Credit given for only one of ECON-E 386 or ECON-E 497.
ECON-E 390 Undergraduate Seminar in Economics
- Credits
- 3
- Prerequisites
- ECON-E 321 or ECON-S 321
- Notes
- Additional prerequisites may be required depending on the seminar topic
- Description
- Intensive study of a topic area in economics. Topics will vary.
- Repeatability
- May be repeated with a different topic for a maximum of 9 credit hours.
ECON-E 392 Seminar in Computational Methods and Econometrics
- Credits
- 3
- Prerequisites
- ECON-E 321 or ECON-S 321; Additional prerequisites may be required depending on the seminar topic
- Description
- Intensive study of a topic area in computational methods or econometrics. Topics will vary.
- Repeatability
- May be repeated with a different topic for a maximum of 9 credit hours.
ECON-E 401 Machine Learning for Economic Data
- Credits
- 3
- Prerequisites
- ECON-E 321 or ECON-S 321; and ECON-E 371 or ECON-S 371
- Description
- What is machine learning and how can we use it to help us explore economic data? This course develops exploratory data analysis skills and provides training in a variety of machine learning techniques used to analyze economic data while using the R programming language.
ECON-E 402 Computational Methods In Macroeconomics
- Credits
- 3
- Prerequisites
- ECON-E 252 or ECON-B 252; and ECON-E 321 or ECON-S 321
- Description
- Macroeconomic data are increasingly available and used by economists and data scientists to help decision-makers. This course provides opportunities to develop tools to explore macroeconomic data, build and simulate macroeconomic models, perform experiments, and solve dynamic models using numeric methods. Also provides experience in the Python programming language.
ECON-E 425 Financial Economics
- Credits
- 3
- Prerequisites
- ECON-E 321 or ECON-S 321; and ECON-E 370 or ECON-S 370
- Description
- Theory and empirical evidence relevant to understanding the functioning of modern financial-asset markets. Course topics may vary substantially by instructor. Some examples include: present value, analysis of risk and return, asset pricing, modern portfolio theory, equilibrium in asset markets, arbitrage pricing theory, the capital asset pricing model, the efficient markets hypothesis, price bubbles and crashes, futures markets, derivative securities and option pricing models.
ECON-E 427 Seminar in Experimental Economics
- Credits
- 3
- Prerequisites
- ECON-E 321 and ECON-E 370 or consent of instructor
- Notes
- R: ECON-E 327
- Description
- Focuses on the use of laboratory experimental methods in applied microeconomics. Specific application areas will include the analysis of resource allocation mechanisms for both private and public goods and individual choice under uncertainty using both human and nonhuman subjects.
ECON-E 471 Econometric Theory and Practice I
- Credits
- 3
- Prerequisites
- ECON-E 370, ECON-S 370, or MATH-M 365; and MATH-M 301, MATH-M 303, or MATH-S 303; and MATH-M 311 or MATH-S 311
- Notes
- Only 9 credit hours from ECON-E 371, ECON-S 371, ECON-E 471, and ECON-E 472 may be counted toward a major in economics
- Description
- Emphasis is on the classical linear regression model and its applications. Special topics include finite and asymptotic properties of least squares, hypothesis testing, model specification, dummy variables, proxies, multicollinearity and heteroscedasticity.
ECON-E 472 Econometric Theory and Practice II
- Credits
- 3
- Prerequisites
- ECON-E 471
- Notes
- Only 9 credit hours from ECON-E 371, ECON-S 371, ECON-E 471, and ECON-E 472 may be counted toward a major in economics
- Description
- Emphasizes extensions of the classical linear-regression model such as: limited dependent variables, instrumental variables, stationary and nonstationary data, fixed-effect and random-effect models, multiple-equation models, censored regression, and sample selection.
ECON-E 490 Advanced Undergraduate Seminar in Economics
- Credits
- 3
- Prerequisites
- ECON-E 321 or ECON-S 321
- Notes
- Additional prerequisites may be required depending on the seminar topic
- Description
- Advanced intensive study of a topic area in economics. Topics will vary.
- Repeatability
- May be repeated with different topics for a maximum of 9 credit hours.
ECON-S 371 Introduction to Applied Econometrics: Honors
- Credits
- 3
- Prerequisites
- ECON-E 251 or ECON-B 251; and ECON-E 370 or ECON-S 370; and MATH-J 113, MATH-M 119, MATH-V 119, MATH-M 211, or MATH-S 211; and Hutton Honors Student
- Description
- Designed for students of superior ability. Covers same core material as ECON-E 371 and substitutes for ECON-E 371 as a prerequisite for other courses.
- Repeatability
- Credit given for only one of ECON-S 371 or ECON-E 371.
ECON-X 398 Independent Research in Economics
- Credits
- 1
- Prerequisites
- ECON-E 322 or ECON-S 322; and ECON-E 370 or ECON-S 370; Economics majors or interdepartmental major (ECON/POLS or ECON/MATH); minimum 3.000 economics GPA.
- Notes
- Additional prerequisites may be required by the faculty mentor. A maximum of 3 credit hours in ECON-X 398 and ECON-E 391 may count toward the major in economics
- Description
- Independent readings and research by special arrangement with an economics faculty mentor and the director of undergraduate studies. A research paper or other substantial writing assignments are usually required.
- Repeatability
- Credit given for a maximum of 6 credit hours in ECON-X 398 and ECON-E 391.
- Free Elective. One (1) course:
- Additional course from the Advanced Electives list.
- ECON-E 320
- ECON-E 303 Survey of International Economics
- ECON-E 305 Money and Banking
- ECON-E 308 Survey of Public Finance
- ECON-E 309 Topics in Economics
ECON-E 303 Survey of International Economics
- Credits
- 3
- Prerequisites
- ECON-E 252 or ECON-B 252
- Description
- Basis for and effects of international trade, commercial policy and effects of trade restrictions, balance of payments and exchange rate adjustment, international monetary systems, and fixed versus flexible exchange rates.
- Spring 2025CASE SHcourseFall 2024CASE SHcourse
ECON-E 305 Money and Banking
- Credits
- 3
- Prerequisites
- ECON-E 252 or ECON-B 252
- Description
- Monetary and banking system of the U.S. The supply and control of money. The impact of money on the U.S. economy. Topics in the application of Federal Reserve monetary policy. Analytical treatment of the Federal Reserve system and the commercial banking industry.
- Spring 2025CASE SHcourseFall 2024CASE SHcourse
ECON-E 308 Survey of Public Finance
- Credits
- 3
- Prerequisites
- ECON-E 252 or ECON-B 252
- Description
- Major elements of taxation and public expenditures.
- Spring 2025CASE SHcourseFall 2024CASE SHcourse
ECON-E 309 Topics in Economics
- Credits
- 3
- Prerequisites
- ECON-E 252 or ECON-B 252
- Description
- Study of a topic area in economics. Topics will vary. Intended primarily for those wanting exposure to economics beyond the introductory level.
- Repeatability
- May be repeated with different topics for a maximum of 9 credit hours.
- Spring 2025CASE SHcourseFall 2024CASE SHcourse
- Addenda Requirements*.
- 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.
- Spring 2025CASE MMcourseFall 2024CASE MMcourse
- Spring 2025CASE NMcourseFall 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.
- Spring 2025CASE MMcourseFall 2024CASE MMcourse
- Spring 2025CASE NMcourseFall 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.
- Spring 2025CASE MMcourseFall 2024CASE MMcourse
- Spring 2025CASE NMcourseFall 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.
- Spring 2025CASE MMcourseFall 2024CASE MMcourse
- Spring 2025CASE NMcourseFall 2024CASE NMcourse
- Finite Mathematics. One (1) course:
- Major GPA, Hours, and Minimum Grade Requirements.
- Major GPA. 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.
- Major Minimum Grade. Except for the GPA requirement, a grade of C- or higher is required for a course to count toward a requirement in the major.
- Major Upper Division Credit Hours. At least 18 credit hours in the major must be completed at the 300–499 level.
- Major Residency. 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.
- College Breadth. At least 58 credit hours must be completed in courses from College of Arts and Sciences disciplines outside of the major area.
Notes
Major Area Courses
-
Unless otherwise noted below, the following courses are considered in the academic program and will count toward academic program requirements as appropriate:
- Any course at the 100–499 level with the
ECON
subject area prefix—as well as any other subject areas that are deemed functionally equivalent - Any course contained on the course lists for the academic program requirements at the time the course is taken—as well as any other courses that are deemed functionally equivalent—except for those listed only under Addenda Requirements
- Any course directed to a non-Addenda requirement through an approved exception
- Any course at the 100–499 level with the
Exclusions
The following courses cannot be applied toward major requirements or the College Breadth requirement:
- ECON-E 115 Everyday Economics
- ECON-X 373 Internship in Economics
ECON-E 115 Everyday Economics
- Credits
- 3
- Prerequisites
- None
- Notes
- Cannot be counted toward a major, interdepartmental major, or minor in economics
- Description
- Establishes the foundation necessary to achieve economic literacy by providing an introduction to economic concepts and institutions encountered in daily life: credit markets, inflation, interest rates, taxes, retirement savings, insurance, and the fundamental economic principles underlying these markets.
- Spring 2025CASE SHcourseFall 2024CASE SHcourse
ECON-X 373 Internship in Economics
- Credits
- 1–3 credit hours
- Prerequisites
- Consent of department
- Notes
- Does not count toward a major or minor in economics
- Description
- Supervised work experience in an academic or business environment, including as a teaching assistant for undergraduate classes. Performance evaluation by a faculty mentor.
- Repeatability
- May be repeated for a maximum of 3 credit hours in ECON-X 373 and ECON-Y 398.
- Grading
- S/F grading.
Restrictions
The following restrictions apply to the minimum credit hours required in the major:
- No more than 3 credit hours may count toward the major:
- ECON-E 499 Honors Thesis
- No more than 3 credit hours of the following may count toward the major:
- ECON-X 398 Independent Research in Economics
- No more than 6 combined credit hours of the following may be counted toward major:
- ECON-E 303 Survey of International Economics
- ECON-E 331 International Trade
- ECON-E 332 International Monetary Economics
- No more than 6 combined credit hours of the following may be counted toward major:
- ECON-E 308 Survey of Public Finance
- ECON-E 361
- ECON-E 362 Public Finance: Taxation
ECON-E 499 Honors Thesis
- Credits
- 3
- Prerequisites
- ECON-E 322 or ECON-S 322; and ECON-E 370 or ECON-S 370; Economics majors or interdepartmental major (ECON/POLS or ECON/MATH); minimum 3.300 economics GPA
- Notes
- Additional prerequisites may be required by the faculty mentor. Honors course; A maximum of 3 credit hours in ECON-E 499 may count toward the major in economics
- Description
- Honors thesis research by special arrangement with an economics faculty mentor and the director of undergraduate studies.
- Repeatability
- May be repeated up to 2 times for a maximum of 6 credit hours.
ECON-X 398 Independent Research in Economics
- Credits
- 1
- Prerequisites
- ECON-E 322 or ECON-S 322; and ECON-E 370 or ECON-S 370; Economics majors or interdepartmental major (ECON/POLS or ECON/MATH); minimum 3.000 economics GPA.
- Notes
- Additional prerequisites may be required by the faculty mentor. A maximum of 3 credit hours in ECON-X 398 and ECON-E 391 may count toward the major in economics
- Description
- Independent readings and research by special arrangement with an economics faculty mentor and the director of undergraduate studies. A research paper or other substantial writing assignments are usually required.
- Repeatability
- Credit given for a maximum of 6 credit hours in ECON-X 398 and ECON-E 391.
ECON-E 303 Survey of International Economics
- Credits
- 3
- Prerequisites
- ECON-E 252 or ECON-B 252
- Description
- Basis for and effects of international trade, commercial policy and effects of trade restrictions, balance of payments and exchange rate adjustment, international monetary systems, and fixed versus flexible exchange rates.
- Spring 2025CASE SHcourseFall 2024CASE SHcourse
ECON-E 331 International Trade
- Credits
- 3
- Prerequisites
- ECON-E 321 or ECON-S 321
- Notes
- Only 6 credit hours from ECON-E 303, ECON-E 331, and ECON-E 332 may be counted toward a major in economics
- Description
- Theories of trade pattern, positive and normative aspects of trade and trade-related policies in competitive and non-competitive markets; effects of trade liberalization and economic integration; trade policies by developed and developing nations; international factor movements.
ECON-E 332 International Monetary Economics
- Credits
- 3
- Prerequisites
- ECON-E 321 or ECON-S 321
- Notes
- Only 6 credit hours from ECON-E 303, ECON-E 331, and ECON-E 332 may be counted toward a major in economics
- Description
- Theory of exchange rate and balance of payments adjustment, macroeconomic policy in open economies, history and comparison of international monetary systems, and proposals for reform.
- Repeatability
- Credit given for only one of ECON-E 332 and ECON-E 433.
ECON-E 308 Survey of Public Finance
- Credits
- 3
- Prerequisites
- ECON-E 252 or ECON-B 252
- Description
- Major elements of taxation and public expenditures.
- Spring 2025CASE SHcourseFall 2024CASE SHcourse
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.
This program of study cannot be combined with the following:
- Bachelor of Arts in Economics and Mathematics (ECONMATHBA)
- Bachelor of Arts in Economics and Political Science (ECONPOLSBA)
- Bachelor of Arts in Mathematics and Economics (MATHECONBA)
- Bachelor of Arts in Political Science and Economics (POLSECONBA)
- Interdepartmental Minor in Economics and Political Science (ECONPOLMIN)
- Interdepartmental Minor in Political Science and Economics (POLSECNMIN)
- Minor in Economics (ECONMIN)
- Minor in International Economics (INTECONMIN)
Exceptions to and substitutions for major requirements may be made with the approval of the unit's Director of Undergraduate Studies, subject to final approval by the College of Arts and Sciences.
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 College grade point average (GPA) of at least 2.000 is required.
- 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.