Economics

Economics Major: Degrees and Tracks (Effective Fall 2009)

Details

Program Structure: The economics department offers three undergraduate degrees:

  • Bachelor of Arts (B.A.) awarded by the College of Liberal Arts and Sciences
  • Bachelor of Science (B.S.) awarded by the College of Liberal Arts and Sciences
  • Bachelor of Business Administration (BBA) awarded by the Tippie College of Business
Each degree has three alternative tracks. Every student, upon declaration of the economics major, is required to select one of the three tracks. The track designation will appear on the transcript. The tracks have both common and unique course requirements, with the unique requirements intended to provide direction to the students. The tracks are as follows.
  • Business Track in Economics
    Intended for students who plan to take positions in the private sector, or who ultimately seek an MBA degree after gaining necessary experience.
  • Policy Track in Economics
    Intended for students who seek a law school degree, a graduate degree in less quantitative areas, or decision-making positions in the public or private sectors.
  • Analytical Track in Economics
    Intended for students who seek a graduate degree in more quantitative areas, or technical/analytical positions in the public or private sectors.

(See a simple one-page schematic of the degrees and tracks.)

Current quantitative corequisite course requirements, which are as follows, remain unchanged.

Quantitative Requirements for B.A. and BBA in Economics

MATH:1380(22M:017) Calculus and Matrix Algebra for Business
STAT:1030(22S:008) Statistics for Business
ECON:2800(6E:071) Statistics for Strategy Problems

Quantitative Requirements for B.S. in Economics

MATH:1850(22M:025) Calculus I and MATH:1860(22M:026) Calculus II
STAT:3120(22S:120) Probability and Statistics
or STAT:3100(22S:130) Intro to Math. Statistics I and STAT:3101(22S:131) Intro to Math. Statistics II
ECON:4800(6E:184) Introduction to Econometrics

In addition to the quantitative requirements listed above, all students must take ECON:1100(6E:001) Principles of Microeconomics and ECON:1200(6E:002) Principles of Macroeconomics.

Within economics, B.A. students take 21 semester hours, and B.S. and BBA students take 18 semester hours, of courses numbered above 6E:100. These must include ECON:3100(6E:104) Microeconomic Theory or ECON:3140(6E:106) Advanced Microeconomics, and ECON:3120(6E:105) Macroeconomics, while the remaining courses are selected from a distinct set of courses corresponding to each track. Specifically, the available options for economics majors are the following:

B.A., B.S., and BBA in Economics—Business Track

ECON:3100(6E:104) Microeconomic Theory or ECON:3140(6E:106) Advanced Microeconomics
ECON:3120(6E:105) Macroeconomics

Five courses (B.A.) or four courses (B.S. and BBA) selected from the following set:
ECON:3325(6E:111) Personnel Economics
ECON:3335(6E:117) Money, Banking and Financial Markets
ECON:3345(6E:125) Global Economics and Business
ECON:3350(6E:141) Industry Analysis
ECON:3355(6E:143) Economic and Business Forecasting
ECON:3370(6E:160) Household Finance
ACTG:2200(6A:002) Managerial Accounting (not available to BBA students)
MGMT:2100(6J:048) Introduction to Management (not available to BBA students)

B.A., B.S., and BBA in Economics—Policy Track

ECON:3100(6E:104) Microeconomic Theory or ECON:3140(6E:106) Advanced Microeconomics
ECON:3120(6E:105) Macroeconomics

Five courses (B.A.) or four courses (B.S. and BBA) numbered between ECON:3325(6E:111) and ECON:4700(6E:189), including at least four courses (B.A.) or three courses (B.S. and BBA) selected from the following set:
ECON:3340(6E:135) Regional and Urban Economics
ECON:3345(6E:125) Global Economics and Business
ECON:3620(6E:129) Economic Growth and Development
ECON:3625(6E:133) Environmental and Natural Resource Economics
ECON:3650(6E:119) Policy Analysis
ECON:3690(6E:165) Sports Economics
ECON:3750(6E:145) Transportation Economics
ECON:3760(6E:113) Health Economics
ECON:3790(6E:171) Antitrust Economics
ECON:3800(6E:172) Law and Economics
ECON:3875(6E:169) Topics in Policy Economics

B.A., B.S., and BBA in Economics—Analytical Track

ECON:3100(6E:104) Microeconomic Theory or ECON:3140(6E:106) Advanced Microeconomics
ECON:3120(6E:105) Macroeconomics

Five courses (B.A.) or four courses (B.S. and BBA) numbered between ECON:3325(6E:111) and ECON:4700(6E:189), including at least four courses (B.A.) or three courses (B.S. and BBA) courses selected from the following set:
ECON:4090(6E:183) Natural Resource Economics
ECON:4110(6E:173) International Economics
ECON:4140(6E:175) Labor Economics
ECON:4160(6E:176) Public Sector Economics
ECON:4170(6E:174) Monetary Economics
ECON:4180(6E:177) Industrial Organization
ECON:4190(6E:187) Mathematical Economics
ECON:4200(6E:188) Game Theory
ECON:4700(6E:189) Topics in Analytical Economics

The courses ECON:3360(6E:158) American Economic History and ECON:3600(6E:179) History of Economic Thought are outside of any track groupings, although they can be used to satisfy the requirement of five (four for BBA) courses numbered between ECON:3325(6E:111) and ECON:4700(6E:189).

ECON:4800(6E:184) Introduction to Econometrics is not listed on any track requirement either, but is included as part of the quantitative corequisite courses.

The two topics courses, ECON:3875(6E:169) Topics in Policy Economics and ECON:4700(6E:189) Topics in Analytical Economics, will be offered on a one-off basis or used to develop new courses for the Business or Policy Tracks and the Analytical Track, respectively.