Bachelor of Arts in Political Science and Economics

Students on Summer 2023, Fall 2023, or Spring 2024 requirements POLSECONBA

View Degree MapA semester-by-semester path to completing degree and major requirements

Requirements

The major requires at least 42 credit hours* (48 with Addenda Requirements), including the requirements listed below.

Political Science courses.
1. 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.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  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.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  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.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  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.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  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.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  Fall 2024CASE SHcourse
2. Electives. 15 credit hours:
  - POLS-P 301
  - POLS-P 302 The Politics of Economic Crisis and Reform
  - POLS-P 303
  - 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 341 Authoritarian Regimes
  - 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
  - POLS-Y 405 Models and Theories of Political Decision Making
  - Up to three (3) total credit hours of the following:
    - POLS-X 477 Field Experience in Political Science
    - POLS-Y 490 Senior Seminar in Political Science
    - POLS-Y 499 Honors Thesis
  POLS-P 302 The Politics of Economic Crisis and Reform
  Credits
  3
  Prerequisites
  None
  Description
  Explores the politics of crisis and reform from a comparative and international political economy perspective. In addition to learning general theories of crisis and reform, students will study in-depth case studies of important crisis episodes in the era of industrial capitalism, and seek to understand both the causes and consequences of crisis events.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  Fall 2024CASE SHcourse
  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.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  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.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  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.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  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.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  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.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  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.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  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.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  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.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  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.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  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.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  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.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  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.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  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.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  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.
  Summer 2025CASE DUScourse
  
  Spring 2025CASE DUScourse
  
  Fall 2024CASE DUScourse
  
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  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.
  Summer 2025CASE GCCcourse
  
  Spring 2025CASE GCCcourse
  
  Fall 2024CASE GCCcourse
  
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  Fall 2024CASE SHcourse
  POLS-Y 341 Authoritarian Regimes
  
  Credits
  3
  Prerequisites
  None
  Description
  Comparative study of Fascism, Nazism, and communism as institutional arrangements for governing modern societies. The political process in the one-party "movement regime."
  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.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  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.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  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.
  Summer 2025CASE GCCcourse
  
  Spring 2025CASE GCCcourse
  
  Fall 2024CASE GCCcourse
  
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  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.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  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.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  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.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  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.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  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.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  Fall 2024CASE SHcourse
  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 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.
Economics courses.
1. 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.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  Fall 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.
2. 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.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  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.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  Fall 2024CASE SHcourse
3. 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.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  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.
  Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  Fall 2024CASE SHcourse
4. Economics Electives.
  1. Advanced Elective. Two (2) courses and six (6) credit hours:
    - 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.
    
    Summer 2025CASE SHcourse
    
    Spring 2025CASE SHcourse
    
    Fall 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.
    
    Summer 2025CASE SHcourse
    
    Spring 2025CASE SHcourse
    
    Fall 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.
  2. Free Elective. One (1) additional course:
    - Any ECON-E 300–399 except ECON-E 321; ECON-E 370
    - Any ECON-E 400–499 except ECON-E 496
    - Any ECON-X 300–399 except ECON-X 373
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.
- Summer 2025CASE NMcourse
  
  Spring 2025CASE NMcourse
  
  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.
- Summer 2025CASE NMcourse
  
  Spring 2025CASE NMcourse
  
  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.
- Summer 2025CASE NMcourse
  
  Spring 2025CASE NMcourse
  
  Fall 2024CASE NMcourse
Addenda requirements**.
1. 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.
  Summer 2025CASE MMcourse
  
  Spring 2025CASE MMcourse
  
  Fall 2024CASE MMcourse
  
  Summer 2025CASE NMcourse
  
  Spring 2025CASE NMcourse
  
  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.
  Summer 2025CASE MMcourse
  
  Spring 2025CASE MMcourse
  
  Fall 2024CASE MMcourse
  
  Summer 2025CASE NMcourse
  
  Spring 2025CASE NMcourse
  
  Fall 2024CASE NMcourse
2. 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.
  Summer 2025CASE MMcourse
  
  Spring 2025CASE MMcourse
  
  Fall 2024CASE MMcourse
  
  Summer 2025CASE NMcourse
  
  Spring 2025CASE NMcourse
  
  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.
  Summer 2025CASE MMcourse
  
  Spring 2025CASE MMcourse
  
  Fall 2024CASE MMcourse
  
  Summer 2025CASE NMcourse
  
  Spring 2025CASE NMcourse
  
  Fall 2024CASE NMcourse
Major GPA, Hours, and Minimum Grade Requirements.
1. 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.
2. 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.
3. Major Upper Division Credit Hours. At least 18 credit hours in the major must be completed at the 300–499 level.
4. 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.
5. College Breadth. At least 38 credit hours must be completed in courses from College of Arts and Sciences disciplines outside of the major area.

Notes

* Students meeting requirements with a total of 39 credit hours will be allowed to use three (3) credit hours toward the major from preapproved sections of COLL-C 104 (Critical Approaches to the Social and Historical Studies) courses. A list of preapproved sections of COLL-C 104 is available each semester in the Departments of Economics and Political Science.
^** Courses used to fulfill addenda requirements require a grade of C- or higher and do not count toward the Major GPA or Major Hours.

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 or POLS 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

Exclusions

The following courses cannot be applied toward major requirements or the College Breadth requirement:

ECON-E 115 Everyday Economics

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 combined 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
No more than 9 combined credit hours of the following may be counted toward major:
- ECON-E 371 Introduction to Applied Econometrics
- ECON-E 471 Econometric Theory and Practice I
- ECON-E 472 Econometric Theory and Practice II
- ECON-S 371 Introduction to Applied Econometrics: Honors
No more than 6 combined credit hours of the following may be counted toward major:
- ECON-E 499 Honors Thesis
- POLS-Y 499 Honors Thesis
No more than 3 credit hours of each of the following may count toward the major:
- POLS-X 471 Undergraduate Teaching Assistantship
- POLS-Y 351 Political Simulations

This program of study cannot be combined with the following:

Bachelor of Arts in Economics (ECONBA)
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 Philosophy and Political Science (PHILPOLSBA)
Bachelor of Arts in Political Science (POLSBA)
Bachelor of Arts in Political Science and Philosophy (POLSPHILBA)
Bachelor of Science in Economics and Quantitative Methods (ECONQMBS)
Interdepartmental Minor in Economics and Political Science (ECONPOLMIN)
Interdepartmental Minor in Political Science and Economics (POLSECNMIN)
Minor in Economics (ECONMIN)
Minor in Political Science (POLSMIN)
[Name unavailable] (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:
1. CASE Foundations
  1. English Composition: 1 course
  2. Mathematical Modeling: 1 course
2. CASE Breadth of Inquiry
  1. Arts and Humanities: 4 courses
  2. Natural and Mathematical Sciences: 4 courses
  3. Social and Historical Studies: 4 courses
3. CASE Culture Studies
  1. Diversity in the United States: 1 course
  2. Global Civilizations and Cultures: 1 course
4. CASE Critical Approaches: 1 course
5. CASE Foreign Language: Proficiency in a single foreign language through the second semester of the second year of college-level coursework
6. CASE Intensive Writing: 1 course
7. 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.

Bachelor of Arts in Political Science and Economics

Requirements

Major hours and GPA

Major Area Courses

Exclusions

Restrictions

Restrictions on combining this major with other academic programs

Major requirement exceptions and substitutions