University Catalogue: 2009-10
Economics
Schneider Social Science 476
(715) 836-5743
http://www.uwec.edu/Lists/Acad.htm
econ@uwec.edu
Wayne Carroll , Chair
Rose-Marie Avin, Sanjukta Chaudhuri, Maria DaCosta, Eric Jamelske, Thomas Kemp, Fredric Kolb, Yan Li, David Schaffer.
Honor Societies and Student Organizations:
Omicron Delta Epsilon (Economics Honors Society) and Student Economics Association. For more information on either organization, see the Department Chair.
Economics is the study of how and to what extent a society uses its scarce resources. The Department of Economics believes that understanding economics requires both learning economic theory and applying that theory. To this end, the department encourages internships, student/faculty collaborative research activities, small-group learning, and applied projects.
To aid our graduates in the transition to employment or further education, the department sponsors trips to area graduate schools, visits by individuals employed in economics-related occupations, and maintains a file of alumni mentors.
During the year prior to graduation, each student with a major in economics is required to complete a capstone project which draws together theory, practice, and policy. The capstone experience also develops information useful in making career choices. The capstone project may be completed in conjunction with enrollment in selected 300 or 400 level economics courses. See the Department Chair for advice on and approval of the capstone project.
Information for Economics Majors . The Department of Economics recommends that the student majoring in Economics (Liberal Arts, Comprehensive-Business, Teaching) structure the set of courses chosen for the major within the guidelines suggested by the following areas of study. In addition to the courses required for the major, the elective courses suggested in each of these areas of study are those which the Department of Economics feels would enhance the potential for success in the student’s future career.
Graduate Education. This area of study is designed for the student wishing to pursue graduate training. Suggested courses are:
Econ 311, 315, 316; Math 114, 215, 216, 315, 324.
Applied Economics. This area of study serves students interested in obtaining immediate employment upon completion of the major. Suggested courses are:
Econ 316; Math 111 or 114; Acct 201; Engl 305.
Pre-Law. This area of study is appropriate for students who are considering a career in law. Suggested courses are:
Acct 201; Econ 322, 331, 335.
Public Policy Analysis. This area of study is intended to prepare students for a career in public sector analysis. Suggested courses are:
Econ 268, 325, 331, 375.
Students with economics majors or minors are encouraged to take Econ 303 and 304 promptly after completion of Econ 103 and 104. Registration in junior/senior courses prior to completion of Econ 303 and 304 should be done in consultation with the adviser. Most junior/senior level courses assume students have completed or are completing their mathematics requirements and have applied computer experience.
MAJOR: ECONOMICS, Liberal Arts (Code 360-200)
Thirty-six semester credits in economics and supporting courses, including Econ 103, 104, 303, 304, 321, and Math 246. Additional credits must be selected primarily from the following: Econ 308, 311, 315, 316, 318, 322, 325, 331, 335, 341, 351, 353, 355, 371, 375, 399, 491, 492, 494, 495, 496, 498, 499. Students may, if they wish, count a maximum of two courses from the following: Econ 268, 280, 330, 360; Econ/LAS 356; Econ/Wmns 337, 357; Hist 454; Acct 201.
A student may substitute Math 347 for Math 246 in the major.
All students with a major in economics must complete the capstone project during the year prior to graduation. Completion of Econ 494 or Econ 498 may be used to fulfill this requirement. For the other capstone project options, contact the department office.
Areas of emphasis may be selected from courses taught by the department, and these areas may be supplemented with a minor or electives from departments offering related courses. The areas are: Finance (Econ 321, 322, 325); Public Policy Economics (Econ 331, 335, 375); International Economics (Econ 341, 351, 355, and 353 or Econ/LAS 356); Theory (Econ 311, 315, 316).
NOTE 1: Math 111 or 114 or their equivalent must be completed as part of the General Education requirements.
NOTE 2: A maximum of six credits earned in Econ 399, 494, 495, 496, 498, and/or 499 may count toward the major.
COMPREHENSIVE MAJOR: ECONOMICS, Business (Code 360-002)
A Bachelor of Business Administration degree with a comprehensive major in economics consists of the Basic Business Core in the College of Business, completion of Econ 103, 104, 303, 304, and 321; Math 246, and electives from the following courses, bringing the total to 60 semester credits: Econ 308, 311, 315, 316, 318, 322, 325, 331, 335, 341, 351, 353, 355, 371, 375, 399, 491, 492, 494, 495, 496, 498, 499; Fin 322, 327; and no more than one course from the following: Econ 268, 280, 330, 360; Econ/LAS 356; Econ/Wmns 337, 357.
All students with a major in economics must complete the capstone project during the year prior to graduation. Completion of Econ 494 or Econ 498 may be used to fulfill this requirement. For the other capstone project options, contact the department office.
NOTE 1: Math 111 or Math 114 or their equivalent must be completed as part of the General Education requirements.
NOTE 2: Students in this major must meet College of Business admission standards before they may register for upper-division (300-400 level) courses offered by the College of Business (see College of Business, Admission).
NOTE 3: A maximum of six credits earned in Econ 399, 494, 495, 496, 498, and/or 499 may count toward the major.
MAJOR: ECONOMICS, Teaching (Code 360-204)
Thirty-six semester credits in economics and supporting courses, including Econ 103, 104, 303, 304, 321, 322, and Math 246. Additional credits must be selected primarily from the following: Econ 308, 311, 315, 316, 318, 325, 331, 335, 341, 351, 353, 355, 371, 375, 399, 491, 492, 494, 495, 496, 498, 499. Students may, if they wish, count a maximum of two courses from the following: Econ 268, 280, 330, 360; Econ/LAS 356; Econ/Wmns 337, 357; Hist 454; Acct 201. This major is restricted to students in the College of Education and Human Sciences: Curriculum and Instruction: Option B and leads to licensure to teach Economics in Early Adolescence through Adolescence classrooms.
All students with a major in economics must complete the capstone project during the year prior to graduation. Completion of Econ 494 or Econ 498 may be used to fulfill this requirement. For the other capstone project options, contact the department office.
NOTE: A maximum of six credits earned in Econ 399, 494, 495, 496, 498, and/or 499 may count toward the major.
MINOR: ECONOMICS, Liberal Arts (Code 360-400)
Twenty-four semester credits in courses offered or approved by the economics department, including Econ 103, 104, 303, and 304. Up to two courses from the following list may, at the option of the student, be included in the minor: Econ 268, 280, 330, 360; Econ/LAS 356; Econ/Wmns 337, 357.
MINOR: ECONOMICS, Teaching (Code 360-404)
Twenty-four semester credits in courses offered or approved by the economics department, including Econ 103, 104, 303, 304, and 321. Up to two courses from the following list may, at the option of the student, be included in the minor: Econ 268, 280, 330, 360; Econ/LAS 356; Econ/Wmns 337, 357. Minor programs must be approved by the department. This minor is restricted to students in the College of Education and Human Sciences: Curriculum and Instruction: Option B or C and leads to licensure to teach Economics in Early Adolescence through Adolescence classrooms.
DEPARTMENTAL HONORS PROGRAM IN ECONOMICS
Entrance Requirements: (1) Majors who have completed at least the two introductory economics courses with a GPA in economics courses of 3.50 or higher, and resident and total GPAs of 3.35 or higher, and (2) submit a written application before the beginning of the senior year for approval by the Economics Department faculty.
Requirements for Continued Participation: If at any time a student’s resident and total GPAs fall below 3.35, or a student’s GPA in economics courses falls below 3.20, that student will no longer be eligible to participate in the program.
Graduation Requirements: (1) Complete the requirements for an economics major, including Econ 316. (2) Complete at least six credits in the department’s Honors Seminars taught by graduate faculty. If unable to schedule six credits of seminar, the student can petition the department to replace three credits of Honors Seminar with three credits of Honors Independent Study. (3) Satisfactory completion of an Honors paper under the direction of a department member of the graduate faculty. (4) Satisfactory completion of an oral examination, conducted by at least three faculty members, on economic theory (Econ 303 and 304) and on the student’s Honors Paper. (5) Resident and total GPAs of 3.50 or higher at graduation for all courses and in Economics Department courses. For more information see the Department Chair.
