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 6E:001 Principles of Microeconomics and 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:3160/6E:111 Personnel Economics
ECON:3200/6E:117 Money, Banking and Financial Markets
ECON:3240/6E:125 Global Economics and Business
ECON:3350/6E:141 Industry Analysis
ECON:3355/06E: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 6E:111 and 6E:189, including at least four courses (B.A.) or three courses (B.S. and BBA) selected from the following set:
ECON:3180/6E:113 Health Economics
ECON:3220/6E:119 Policy Analysis
ECON:3240/6E:125 Global Economics and Business
ECON:3260/6E:129 Economic Growth and Development
ECON:3330/6E:133 Environmental and Natural Resource Economics
ECON:3340/6E:135 Regional and Urban Economics
ECON:3750/6E:145 Transportation Economics
ECON:3390/6E:165 Sports Economics
ECON:3410/6E:169 Topics in Policy Economics
ECON:4100/6E:171 Antitrust Economics
ECON:3440/6E:172 Law and 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 6E:111 and 6E:189, including at least four courses (B.A.) or three courses (B.S. and BBA) courses selected from the following set:
ECON:3500/6E:173 International Economics
ECON:3400/6E:174 Monetary Economics
ECON:3300/6E:175 Labor Economics
ECON:3420/6E:176 Public Sector Economics
ECON:3310/6E:177 Industrial Organization
ECON:3320/6E:183 Natural Resource Economics
ECON:3850/6E:187 Mathematical Economics
ECON:3900/6E:189 Topics in Analytical Economics

The courses 6E:158 American Economic History and 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:3160 /6E:111 and ECON:4800/6E: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:3410/6E:169 Topics in Policy Economics and ECON:3900/6E: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.