ECONOMICS and INTERNATIONAL BUSINESS
Professor Michael Ellis, department head
Professors Carruthers, Ellis, Enomoto, Murray, Nordyke (emeritus), Nowotny (emeritus), Orton (emeritus), Peach, Popp, Remmenga, D. W. Smith, Will-man; Associate Professors Adkisson, Brook, Clason, Daniel, Erickson, Gegax, Gould, Matta, McGuckin, Steiner; Assistant Professor Blank, McFerrin; College Associate Professor V. Bullock; College Assistant Professor Schmidt
(505)646-2113
DEGREE: Bachelor of Business Administration
MAJOR: Economics
MAJOR: International Business
DEGREE: Bachelor of Arts in Economics
MAJOR: Economics
DEGREE: Bachelor of Business Administration
MAJOR: Economics
This program is especially suitable for students who find economics interesting and who intend, perhaps without additional formal education beyond the bachelor's degree, to take jobs in business or government. This degree prepares you for a wide variety of jobs including those leading eventually to positions of executive responsibility. It is also appropriate for those who may choose to seek a Master of Business Administration degree after graduation.
Every candidate for this degree must complete the following courses with a grade of C or better: ECON 251G, ECON 252G, E ST 251 or E ST 311G (or the equivalent), and MATH 142G. In addition to completing the requirements for admission to the major and the upper-division business core courses (see above), you must fulfill the following requirements.
Major Courses (24 credits)
ECON 304, Money and Banking....................................................................................... 3
ECON 371, Intermediate Microeconomic Theory ................................................... 3
ECON 372, Intermediate Macroeconomic Theory .................................................. 3
ECON 405, Economic Statistics ......................................................................................... 3
ECON 489, Senior Economics Seminar ......................................................................... 3
Electives in economics, upper-division ........................................................................ 9
Elective Courses (24 credits)
Viewing a Wider World (two courses from two colleges other than the
College of Business Administration and Economics, from courses listed
in General Education Requirements, Part III)..................................... 6
General electives (at least 11 credits must be taken outside the College
of Business Administration and Economics)..................................................... 18
MAJOR: International Business
This program is intended for those who plan to work for government agencies or firms with operations abroad or between the United States and foreign countries. The program prepares you for positions requiring knowledge of international payments, foreign exchange markets, world marketing techniques for products, export and import procedures, and international investments. Every candidate for this degree must fulfill the following requirements in addition to the requirements for admission to the major and the upper-division business core courses (see above).
Major Courses (30 credits)
I B 351, International Business........................................................................................... 3
I B 450G, International Economics .................................................................................. 3
I B 475, International Finance ............................................................................................ 3
Choice of one from ECON 324G, ECON 325G, ECON 330, I B 398, and HON
380G .................................................................................................................................... 3
I B 489, Senior Seminar in International Business ................................................... 3
Functional area in business (upper-division courses in a single functional
area of business beyond those elsewhere required for the I B major). 15
Other Requirements for the Major
Foreign language: Students must demonstrate oral and written proficiency at the intermediate mid-level according to ACTFL proficiency guidelines.
International experience requirement: Students must partake of an international experience equivalent to a semester abroad in a university where the language of instruction is not English.
Elective Courses (18 credits)
Viewing a Wider World (two courses from two colleges other than the
College of Business Administration and Economics, from courses
listed in General Education Requirements, Part III)..................................... 6
General electives (at least 11 credits must be taken outside the
College of Business Administration and Economics)..................................................... 12
DEGREE: Bachelor of Arts in Economics
MAJOR: Economics
This program is suitable for, among others, students who plan to go onto graduate school in economics,law, business, or other areas. It has the advantage of including a large number of general electives. This feature provides great flexibility to the student who, in addition to completing the courses for a major in economics, may wish to take courses from a wide variety of other subjects of his or her own choosing.
General Degree Requirements (59 credits)
ACCT 251, Management Accounting............................................................................ 3
Behavioral sciences: 6 credits from among anthropology, psychology,
and sociology; at least 3 credits from Part II (C), General Education Requirements ................................................................................................................. 6
ENGL 111G, Rhetoric and Composition, or ENGL 111H, Rhetoric and Composition
Honors......................................................................................................... 4
ECON 251G-252G, Principles of Macroeconomics, Microeconomics
(must be completed with a grade of C or better)...................................................... 6
E ST 251, Statistics for Business and the Behavioral Sciences, STAT 251
,
Statistics for Behavioral Sciences I, or E ST 311G, Statistical Applications
(must be completed with a grade of C or better)............................ 3
Literature/Fine Arts: 3 credits from Part II (E), General Education Requirements.................................................................................................................................. 3
MATH 115, Intermediate Algebra, MATH 142G, Applied Mathematics
for the Biological and Social Sciences, and either MATH 185, College
Algebra, or MATH 230, Matrices and Linear Programming*
(MATH 142G must be completed with a grade of C or better)............................. 9
Quantitative economics or foreign language choice (choose "a" or "b"):
(a) ECON 457, Mathematical Economics and ECON 405, Economic Statistics or
(b) two foreign language courses numbered 200 or above 6
Basic natural sciences: 4 credits from Part II (B), of General Education......... 4
History and Government: 6 credits from among history, geography, and government;
at least 3 credits from Part II (A), General Education
Requirements ................................................................................................................. 6
English Composition: 3 credits from General Education Part I (A).................. 3
Critical Thinking/Analysis: 6 credits from General Education Part I (D)........ 6
*Students planning to do graduate work in mathematical economics
or statistics are urged to take MATH 191 and 192, Mathematics for
Engineers and Scientists I and II, instead of MATH 142G; and
MATH 185 or MATH 230. A grade of C or better is required in MATH 191.
Departmental Core Courses (24 credits)
ECON 304, Money and Banking....................................................................................... 3
ECON 371, Intermediate Microeconomic Theory ................................................... 3
ECON 372, Intermediate Macroeconomic Theory .................................................. 3
ECON 405, Economic Statistics, or an economics elective for those taking
the quantitative option above............................................................................... 3
ECON 489, Senior Economics Seminar ......................................................................... 3
Electives in economics, upper-division (not to include ECON 457, used to
satisfy the quantitative economics requirement)........................................ 9
Minimum of 12 credits (including any required introductory courses) in an area of concentration other than the major.
The courses may be taken in any area approved by the head of the department, but the following are recommended: accounting, anthropology, business administration, business computer systems, finance, management, marketing, computer science, geography, government, history, mathematics, philosophy, or sociology. At least 6 of the 12 credits must be in courses numbered 300 or above unless exception is granted by the department head. Courses taken as part of general degree requirements may be counted in meeting this requirement.
Electives (33 credits)
Including the 8 credits of first-year foreign language necessary for prerequisites to required language courses, you must take sufficient electives to bring the total upper-division credits to 55 and total credits to 128. Upper-division credits must include two Viewing a Wider World courses (two courses from two colleges other than College of Business Administration and Economics from courses listed in General Education Requirements, Part III.) At least half of the total credits for the degree must be taken outside the College of Business Administration and Economics, but 9 credits of economics and 6 credits of statistics may be counted as outside the college.
Statistics Courses
The staff of the University Statistics Center provides undergraduate service courses in applied statistics for students from all colleges. These courses are presented at an introductory level to acquaint the student with basic statistical concepts. This service instruction extends to intermediate and advanced graduate-level courses.
Graduate Work
The Department of Economics and International Business offers a graduate program leading to the Master of Scienc ein Experimental Statistics. The Department also offers a graduate program leading to a Master of Arts in Economics or a Master of Science in Agricultural Economics. Interested students should consult the Graduate Catalog, which is available from the Graduate School. For more information call (505)646-2936.