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Economics
Schneider
Social Science 476
(715) 836-5743
http://www.uwec.edu/Lists/Acad.htm
econ@uwec.edu
Edward
Young, Chair
Rose-Marie Avin, Diann Benesh, Wayne Carroll, Maria DaCosta, Eric
Jamelske, Rula Kemp, Thomas Kemp, Fredric Kolb, Duane Oyen, David Schaffer.
To Economics
Course Descriptions
Honor
Societies and Student Organizations:
Omicron Delta Epsilon (Economics Honors Society) and
Student Economics Association. For more information on either
organization, see 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.
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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.
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MAJORS
AND MINORS
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 245. 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, 356, 360; Econ/Wmns 337; Hist 454; Acct 201.
A student may substitute Math 347
for Math 245 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
356); Theory (Econ 311, 315, 316).
NOTE: Math 111 or 114 or their
equivalent must be completed as part of the General Education
requirements.
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 245, 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, 356, 360, Econ/Wmns 337.
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: Either Econ 322 or Fin 322
may be included in the major, but not both.
MAJOR: ECONOMICS,
Teaching (Code 360-203)
Thirty-six semester credits in
economics and supporting courses, including Econ 103, 104, 303, 304, 321,
322; Math 245. Additional credits will be selected from courses offered by
the Department of Economics or other related areas that are appropriate.
This major leads to licensure to teach 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.
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,
356, 360, Econ/Wmns 337. Minor programs must be approved by the
department.
MINOR: ECONOMICS,
Teaching (Code 360-403)
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,
356, 360, Econ/Wmns 337. Minor programs must be approved by the
department. This minor leads to licensure to teach in Early Adolescence
through Adolescence classrooms.
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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 Department Chair.
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