Mar 12, 2025

2022-2023 Undergraduate Bulletin

2022-2023 Undergraduate Bulletin [ARCHIVED CATALOG]

Economics, B.S.

The Department of Economics offers theoretical and applied courses in diverse areas including microeconomics, macroeconomics, labor, money and banking, international economics, public economics, and industrial organization. It provides an opportunity for the student to pursue his or her interests within the framework of a liberal arts education.

The department offers programs leading to different undergraduate degree - a Bachelor of Science in the Gatton College of Business and Economics, a Bachelor of Arts and a Bachelor of Science with a major in economics in the College of Arts and Sciences, and a Bachelor of Arts and a Bachelor of Science with a major in mathematical economics. The distinctions among these degree lie primarily in the required supporting courses in the various programs. (For students wishing to major in economics through the Gatton College of Business and Economics, please refer directly to that college’s section in the Bulletin. Mathematical economics majors should refer directly to that section of the Bulletin under the College of Arts and Sciences.)

120 hours (minimum)

Any student earning a Bachelor of Science (BS) degree must complete a minimum of 60 hours in natural, physical, mathematical, and computer science. Please note: courses with a prefix of ECO are generally not accepted towards fulfilling this 60-hour requirement. Therefore, be sure to keep this 60-hour requirement in mind as you choose your course work for the requirements in the major. See the complete description of , including a specific listing of courses applicable to the 60-hour requirement.

UK Core Requirements

. The courses listed below are (a) recommended by the college, or (b) required courses that also fulfill UK Core areas. Students should work closely with their advisor to complete the UK Core requirements.

I. Intellectual Inquiry in Arts and Creativity

Credit(s): 3

II. Intellectual Inquiry in the Humanities

Credit(s): 3

III. Intellectual Inquiry in the Social Sciences

Credit(s): 3

IV. Intellectual Inquiry in the Natural, Physical, and Mathematical Sciences

Credit(s): 3

IX. Community, Culture and Citizenship in the USA

Credit(s): 3

X. Global Dynamics

Credit(s): 3

UK Core hours: 31

Graduation Composition and Communication Requirement (GCCR)

ECO 499 - SEMINAR IN ECONOMICS (SUBTITLE REQUIRED) Credit(s): 3

Subtotal: Graduation Composition and Communication Requirement hours (GCCR): 3

College Requirements

I. Foreign Language: 0-14

(placement exam recommended)

II. Disciplinary Requirements

a. Natural Science: 3

b. Social Science

(completed by Premajor Requirement)

c. Humanities: 3

III. Laboratory or Field Work: 1

IV. Race and Ethnicity Requirement: 0-3

V. Electives: 6

College Requirement hours: 13-30

Premajor Requirements

*Course used towards completion of a UK Core Requirement.

MA 113 - CALCULUS I Credit(s): 4 *
OR
MA 123 - ELEMENTARY CALCULUS AND ITS APPLICATIONS Credit(s): 4 * AND
MA 162 - FINITE MATHEMATICS AND ITS APPLICATIONS Credit(s): 3
ECO 201 - PRINCIPLES OF ECONOMICS I Credit(s): 3
ECO 202 - PRINCIPLES OF ECONOMICS II Credit(s): 3
STA 296 - STATISTICAL METHODS AND MOTIVATIONS Credit(s): 3

Premajor hours: 13-16

Major Requirements

Major Core Requirements

ECO 391 - ECONOMIC AND BUSINESS STATISTICS. Credit(s): 3
ECO 401 - INTERMEDIATE MICROECONOMIC THEORY Credit(s): 3
ECO 402 - INTERMEDIATE MACROECONOMICS Credit(s): 3
ECO 499 - SEMINAR IN ECONOMICS (SUBTITLE REQUIRED) Credit(s): 3

Major Core hours: 12

Other Course Work Required for the Major

From the Major Department:

Choose 9-15 hours of 300+ level economics courses of which at least 6 hours must be at the 400+ level Credit(s): 9-15

Electives

Choose electives to lead to the minimum total of 60 science hours and 120 earned hours required for graduation