
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.
Edit "Major"

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 2003 | Principles of Microeconomics | 3 |
ECON 2004 | Principles of Macroeconomics | 3 |
ECON 3003 | Intermediate Microeconomic Analysis | 3 |
ECON 3004 | Intermediate Macroeconomic Analysis | 3 |
Electives - Choose five upper-division ECON courses. | 15 | |
Total Credit Hours | 27 |
Required Mathematics and Statistics Courses | ||
MATH 1700 | Modern 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 Hours | 9-11 |
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.


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 2003 | Principles of Microeconomics | 3 |
ECON 2004 | Principles of Macroeconomics | 3 |
Electives - Choose four upper-division ECON courses. | 12 | |
Total Credit Hours | 18 |
Additional Statistics Course Requirement: | ||
MATH 1700 | Modern 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 |

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 2003 | Principles of Microeconomics | 3 |
ECON 2004 | Principles of Macroeconomics | 3 |
ECON 3003 | Intermediate Microeconomic Analysis | 3 |
ECON 3004 | Intermediate Macroeconomic Analysis | 3 |
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 Hours | 27 |
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 1700 | Modern Elementary Statistics (or equivalent) | 3 |
Total Credit Hours | 9-11 |
Edit "BA/MSAE Program"

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.
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