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Chairperson: Abdur R. Chowdhury, Ph.D.
Department of Economics website

Some disciplines train you to be a specialist. The economics discipline is a way of thinking about the world and the factors that influence and shape human actions. Economists have applied their science to the study of many forms of human endeavor. A major in economics gives students a way of analytically reasoning through problems. Whether they are interested in a career in private industry, government, public policy or the nonprofit sector, a degree in economics will provide them with the tools to succeed. Being in a vibrant metropolitan area offers a great many advantages to our students, including access to internships with many top firms and organizations within the Milwaukee metro area. Our internships are carefully designed to guarantee that students attain valuable work experience. Students can even gain an inside track on jobs with those firms once they graduate. Our alumni have gone on to successful careers in many different areas including, but not limited to, policy analysts, practicing attorney, futures traders, banking analysts and business consultants.

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Major in Economics

The major in Economics consists of 27 credit hours: four required courses (12 credit hours) and 15 additional credit hours of upper division economics courses. A minimum grade of "C" must be earned in each of the major courses numbered 3000 and above, including the required core courses ECON 3003 Intermediate Microeconomic Analysis and ECON 3004 Intermediate Macroeconomic Analysis. In addition,9-11 credit hours in basic statistics and mathematics courses are required as listed below.

Required:
ECON 2003Principles of Microeconomics3
ECON 2004Principles of Macroeconomics3
ECON 3003Intermediate Microeconomic Analysis3
ECON 3004Intermediate Macroeconomic Analysis3
Electives - Choose five upper-division ECON courses. 15
Total Credit Hours27

Required Mathematics and Statistics Courses
MATH 1700Modern Elementary Statistics (or equivalent)3
Choose one of the following MATH sequences:6-8
Finite Mathematics
   and Elements of Calculus (or equivalent)
Or
Calculus 1
   and Calculus 2
Total Credit Hours9-11

 Note:

  • Students contemplating graduate study in economics should take MATH 1450 Calculus 1 and MATH 1451 Calculus 2.
  • Students may not take both ECON 3001 Applied Business Economics and ECON 3003 Intermediate Microeconomic Analysis for credit.  Since ECON 3003 Intermediate Microeconomic Analysis is a required course, students cannot take ECON 3001 as an elective course for credit.
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Edit CIM Program Requirements Edit Program

Minor in Economics

The minor in Economics consists of 18 credit hours: two required courses (6 credit hours) and four upper division economics electives (12 credit hours). In addition to the economics course requirements, a basic statistics course (3 credit hours) is required as listed below.

Required:
ECON 2003Principles of Microeconomics3
ECON 2004Principles of Macroeconomics3
Electives - Choose four upper-division ECON courses.12
Total Credit Hours18

Additional Statistics Course Requirement:
MATH 1700Modern Elementary Statistics (or equivalent)3

Note:

  • Students minoring in Economics are urged to satisfy the Mathematics-Computer requirement of the Klingler College of Arts and Sciences by taking one of the following mathematics sequences listed below:
MATH 1390
  & MATH 1400
Finite Mathematics
   and Elements of Calculus
3
or
MATH 1450
  & MATH 1451
Calculus 1
   and Calculus 2
4
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Department of Public Instruction Certification

To pursue Department of Public Instruction certification, College of Education students are required to complete the following requirements for a major in Economics. The major consists of 27 credit hours: four required courses (12 credits) and 15 additional credit hours of upper-division work selected from Groups I - III. An additional 9-11 credit hours n basic statistics and mathematics courses are required as listed below.

Required:
ECON 2003Principles of Microeconomics3
ECON 2004Principles of Macroeconomics3
ECON 3003Intermediate Microeconomic Analysis3
ECON 3004Intermediate Macroeconomic Analysis3
Upper-Division Work from Groups I-III as listed below:
Group I (3 credit hours)3
Economics and Law
Economics and Ethics
The Economics of Religion
Group II (6 credit hours)6
Public Policies Toward American Industry
Public Finance
Urban and Regional Economics
Environmental and Natural Resource Economics
Economics of Labor Markets
Money, Banking and Monetary Policy
Group III (3 credit hours)3
International Economic Issues
International Antitrust and Competition Policy
International Currency Markets
Comparative Economic Development
International Trade
The Russian Economy
One additional upper-division ECON elective.3
Total Credit Hours27

Additional Mathematics Courses Required:6-8
Choose one of the following sequences:
Finite Mathematics
   and Elements of Calculus (or equivalent)
Calculus 1
   and Calculus 2
Required Statistics Course:
MATH 1700Modern Elementary Statistics (or equivalent)3
Total Credit Hours9-11

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Five-Year B.A./M.S.A.E. Program

The Department of Economics offers a special five-year program enabling students to earn an undergraduate degree and a Master of Science degree in Applied Economics (MSAE). For information, consult the Graduate Bulletin or contact the Department of Economics.

Courses

No courses found for ECON