Course Descriptions
Search the 1997-1998 Catalog:
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Catalog Index Course Descriptions
Search the 1997-1998 Catalog: |
Professors: Bennett, Bloch, Congleton, Cowen, Crain, Heiner, Phillips, Rowley, Snavely (Emeritus), Tollison, Vaughn, Wagner, Williams (Chair)
Associate Professors: Chung, Levy, Meyer, Reid, Roback-Morse, Thorbecke, Wiest
Assistant Professor: Ramirez
In addition to satisfying the general requirements for a B.A. degree in the College of Arts and Sciences (CAS), candidates must complete the following:
No more than six hours of D grades in economics courses may be applied to the required economics courses. No more than 12 hours of D grades (combined economics and other courses) may be applied to the B.A. degree.
Since changes in the program may be made after the catalog is published, students should obtain a complete list of requirements from the Department of Economics.
Sample Schedule for B.A. with Major in Economics |
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First Semester ECON 103 ENGL 101 MATH 108 Foreign language Communication Total Hours
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3 3 3 3 3 15
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Second Semester ECON 104 Literature Foreign language PHIL or RELI Non-Western culture Total Hours
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3 3 3 3 3 15
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Third Semester ECON 306 Literature Natural science Foreign language Fine and Performing Arts Total Hours
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3 3 4 3 3 16
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Fourth Semester ECON 311 ENGL 302 Natural science Foreign language MIS 102 Total Hours
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3 3 4 3 1 14
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Fifth Semester ECON electives ANTH, PSYC, or SOCI DESC 210 Non-Western culture Total Hours
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6 3 4 3 16
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Sixth Semester ECON electives ANTH, PSYC, or SOCI Electives Total Hours
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6 3 6 15
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Seventh Semester ECON electives Electives Total Hours
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6 9 15
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Eighth Semester ECON electives Electives Total Hours
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6 8 14
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In addition to the general requirements for a B.S. degree in the CAS, candidates must complete the following:
No more than six hours of D grades in economics courses may be applied to the required economics courses. No more than 12 hours of D grades (combined economics and other courses) may be applied to the B.S. degree. ECON 340 can be substituted for either ECON 345 or for MATH 114, but not for both. ECON 345 is recommended for most B.S. majors, and MATH 114 is strongly recommended for students considering graduate school in economics. It is required for admission to most graduate programs.
Students considering graduate study in economics are advised to complete at least one course in calculus beyond MATH 114.
Since changes in the program may be made after the catalog is published, students should obtain a complete list of requirements from the Economics Department office.
Sample Schedule for B.S. with Major in Economics |
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First Semester ECON 103 ENGL 101 MATH 113 Science Total Hours
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3 3 4 4 14
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Second Semester ECON 104 Literature MATH 114 Science Total Hours
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3 3 4 4 14
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Third Semester ECON 306 Literature MIS 102 Economics elective Elective Elective Total Hours
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3 3 1 3 3 3 16
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Fourth Semester ECON 311 ENGL 302 DESC 210 Economics elective Elective Total Hours
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3 3 4 3 3 16
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Fifth Semester Economics elective ECON 345 CS 103 or MIS 201 Electives Total Hours
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3 3 3 6 15
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Sixth Semester Economics elective Electives STAT 362 (ACCT 201) Total Hours
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6 6 3 15
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Eighth Semester Economics elective Electives Total Hours
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6 9 15
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Seventh Semester Economics elective Electives Total Hours
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6 9 15
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The Master of Arts in Economics strengthens students' knowledge of economic theory and improves their skill in applying the theory to economic problems. Graduates of the program are qualified to read and judge other research and to conduct their own, either individually or as members of research teams in government or business. They are also prepared to write policy analysis articles. Students who plan to pursue a Ph.D. in Economics should apply directly to the doctoral program.
Students should be familiar with intermediate microeconomics and macroeconomics, and with basic statistics and calculus, to participate in the master's program.
All applicants must submit two letters of recommendation and a brief personal statement explaining their interest in the program. The application deadline for the fall semester is May 1. The Economics Department does not permit admission for the spring semester.
Degree Requirements
Students must complete 30 semester hours of graduate credit and pass a comprehensive examination in micro- and macroeconomics. The examinations are offered twice each year. All students are required to take ECON 611, 615, and 812. In addition, Mathematical Economics (ECON 630) is strongly recommended. Although the university does not guarantee the availability of these courses every semester, a typical first-year sequence would include ECON 611, ECON 630, and an elective in the fall; ECON 812, ECON 615, and an elective in the spring.
If possible, part-time students should arrange their work schedules to take two courses per semester in the first year. Master's degree students must enroll at the Arlington Campus for their core theory courses.
Up to 21 hours of electives may be chosen from any of the fields offered by the department. Students may receive departmental permission to substitute up to six hours of electives taken outside economics in closely related fields. Students may also elect the thesis track, which offers up to six hours of credit for independent research and writing under the supervision of a faculty member.
Although it is not required, students find it helpful to complete a semester of matrix algebra and a semester of econometrics before entering the doctoral program.
Applicants must submit two letters of recommendation and a brief personal statement explaining their interest in the program. The application deadline for students desiring financial aid is February 1. The deadline for all other students for fall semester is April 1.
Degree Requirements
Students are required to pass 72 semester hours of course work, of which no more than 24 hours may be dissertation credits. Students must pass comprehensive examinations in microeconomics and macroeconomics. In addition, students must pass field examinations in two of the fields listed below. Examinations are normally given in September and January. Students who enter with a master's degree in economics may transfer up to 30 semester hours of credit at the discretion of the department. Credit is not given for comprehensive and field examinations from other universities. Students may receive departmental permission to substitute up six hours of electives taken outside economics in closely related fields.
All doctoral students must take a year of microeconomics (ECON 611 and 812), a year of macroeconomics (ECON 715 and 816), mathematical economics (ECON 630), econometrics (ECON 637), and history of economic thought (ECON 820 or 821). Also required are two courses (beyond the required courses) in each student's two chosen fields in preparation for field examinations.
A typical first-year program of study for a full-time doctoral student would include ECON 630, 611, and 715 in the fall; ECON 637, 812, and 816 in the spring; and micro and macro comprehensive examinations in September. A typical second-year program would include Field 1 and Field 2 in the fall; Field 1 (continued) and Field 2 (continued) in the spring; and field examinations in September.
If possible, part-time students should arrange their work schedules to take two courses per semester in the first year.
Doctoral students may not enroll at the Arlington Campus for their required theory and mathematics courses.
Subject to course availability, the department offers examinations in the following fields of study: