ECONOMICS (ECON)

Joseph Ziegler
Department Chair
402 Business Building
575-ECON

* PHILLIPS PETROLEUM CHAIR OF INTERNATIONAL BUSINESS AND ECONOMICS DISTINGUISHED PROFESSOR MURRAY * PROFESSORS BRITTON, CURINGTON, DIXON, GAY, MARKET, McKINNON, TU, ZIEGLER * PROFESSORS EMERITI BRIDENSTINE, HUNSBERGER, McCAIN, SPRIGGS, WHITE * ADJUNCT PROFESSOR MILLAR * ASSOCIATE PROFESSORS FERRIER, HOROWITZ, SCHULMAN, SONSTEGAARD * ASSISTANT PROFESSORS BARNETT, DURHAM, LINVILL

Requirements for a Major in Economics: 30 semester hours, including ECON 2143 or ECON 2013 and 2023, 3033, 3133, 4743, and 4033.

Requirements for a Major in Economics with Emphasis in International Economics and Business: (1) 30 semester hours of courses, including ECON 2013, 2023, 3033, 3133, 4633, 4643, and 12 hours of international economics and business electives which may be selected from ECON 3633, 3843, 4533, 4653, 468V, MGMT 4683, 4583, or other courses approved by the departmental adviser. It is intended that course prerequisites for non-economics international business courses will count towards this 12-hour requirement. Thus, if a student wants to take MKTT 4833 (International Marketing) as an international economics and business elective and, therefore, also must take the prerequisite MKTT 3433 (Principles of Marketing), these two courses will satisfy 6 hours of the elective requirement; (2) 9 hours of upper-division course work in Fulbright College which focus on a country or region of the world that is related to the foreign language which might include upper division courses in the same language which should emphasize literature or cultural topics. Courses must be approved by the departmental adviser. Students who meet the requirements of the Fulbright College area studies programs in Asian Studies, Russian and Soviet Studies, Latin American Studies, or European Studies will be considered to have fulfilled this requirement; (3) MATH 2043 and 2053 or MATH 2554 and 2564 (these courses fulfill the Fulbright College mathematics requirement); (4) 9 hours of business/stat courses to include CISQ 2013 or STAT 2303 and ACCT 2013 and 2023; (5) 6 hours of a foreign language at the intermediate level, or above; and (6) 3 hours of upper division foreign language in the same language covering business communications, or equivalent. Any student whose minimum 6-hour requirement under (5) above includes an upper division course may choose to include business communications among the 6 hours of required university course work in the foreign language.

Note: It is strongly recommended that economics majors who plan to continue their studies at the graduate level take two semesters of calculus (MATH 2554 AND MATH 2564) and linear algebra (MATH 3083).

Writing Requirement: The Fulbright College writing requirement for economics majors will be fulfilled by the research/analytical paper required in ECON 4033. For economics majors who elect to emphasize international economics and business, the writing requirement will be fulfilled by the research/analytical paper required in ECON 4633 or 4643.

Requirements for Departmental Honors in Economics: The Departmental Honors program provides upper-division students the opportunity to engage in independent study or research under the guidance of an individual member of the faculty. In addition to satisfying the general college requirements for the bachelor's degree with honors, honors candidates in economics are required to complete and orally defend an honors thesis based upon independent study under ECON 399VH (for 3 to 6 hours) and to have a minimum grade-point average of 3.25. Honors candidates are encouraged to enroll in ECON 3923H (Honors Colloquium) and other honors courses and seminars where appropriate. Outstanding student achievement will be recognized by awarding the bachelor's degree with the distinction "Economics Scholar Cum Laude." Higher distinctions may be awarded to truly outstanding students based upon the whole of their academic program and quality of honors research.

The following courses, among others in business administration, are given credit toward an economics major for the B.A. degree. For description of these courses, see College of Business Administration section of this catalog.

FINN 3033, Money and Banking

FINN 3133, Commercial Banking

FINN 3043, Financial Management Theory and Practice

CISQ 2013, Business Statistics

For the combined major in economics and African American studies, see page 139.

Requirements for a Minor in Economics: 18 hours in economics. Required courses are ECON 3033, Microeconomic Theory, and ECON 3133, Macroeconomic Theory, plus 12 additional hours in economics, six of which must be in courses numbered 3000 or above. NOTE: ECON 2013 and 2023, or 2143, are prerequisites to all economics courses numbered above 3000.

Economics (B.A.) Teacher Certification in Social Studies Requirements:

1. Complete a minimum of 36 hours in primary field.

2. Complete Pre-Education (ASED) minor. (See page 111.)

3. The following courses are specifically required for certification:13
PLSC 2003, American National Government
PLSC 3223, Arkansas Politics
HLSC 1002, Wellness Concepts and PEAC 1621, Fitness Concepts OR HLSC 1103, Personal Health & Safety
6 hours of geography, including GEOG 1123, Human Geography 12 hours of American history, including
HIST 2003, 2013 & 3383 3 hours of psychology, sociology or anthropology (PSYC 2003 will meet this requirement)

4. Earn a "C" or better in ENGL 1013, ENGL 1023, ENGL 2003 (or ENGL 2013, or exemption by grades or test),
COMM 1313, and MATH 1203 (or any higher mathematics course).

For information on advanced degrees in economics, see the Graduate School Catalog.

SEE ECONOMICS (ECON) COURSES IN THE COLLEGE OF BUSINESS ADMINISTRATION