Degrees and Requirements
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Economics is available as a B.A. or B/S.
major. Also available is a B.S. degree in International Economics. The
B.A. is provided for the student who has a general interest in economics but who
does not plan to pursue a graduate degree or a career in Economics.
Students who plan a graduate program or a career in Economics should enroll in
the B.S. curriculum. Economics is available as a minor to other majors as
well.
Economics majors, with prior
approval from Chair of the Economics Department and the Associate Dean of
Undergraduate Studies of the M.J. Neeley School of Business.
If
you have further questions, please e-mail Dr.
John Harvey or Dr. John Lovett.
Requirements
for the B.A. degree with a major in Economics
24 semester hours in Economics, 18 of which must
be at the 30000 level or above, plus a minimum of 6 semester hours in Associated
Requirements. A grade of "C" or better must be attained in any course
which is to count as one of the 24 hours in Economics or as one of the
Associated Requirements. Specific requirements are as follows:
I. Foundations (12 hours)
ECON 10223 Introductory Microeconomics
ECON 10233 Introductory Macroeconomics
ECON 30223 Intermediate Microeconomics
ECON 30233 Intermediate Macroeconomics
II.Breadth Requirements (6
hours - 3 hours must be chosen from subsection A)
A.Contextual Inquiry
ECON 30413 American Economic History
ECON 40233 History of Economic Thought
ECON 50483 Financial History
B.International Economics
ECON 30213 Development Theory
ECON 30433 Development Studies
ECON 50123 International Trade and Payments
ECON 50133 International Monetary Economics
ECON 50443 International Economic Studies
C.Public Policy Economics
ECON 30133 Labor Economics
ECON 30143 Public Finance
ECON 40153 Economics of Financial Markets
ECON 40463 Regional and Urban Economics
ECON 50423 Regulation of Economic Activity
III.Additional Electives in
Economics (6 hours)
Associated Requirements: MATH 10283 or MATH
10524 and MATH 10043 or DESC 20153.
Minor: A minor is required. Any minor
approved by AddRan College is acceptable. In addition, subject to prior approval
by the Chair of the Economics Department and the Associate Dean of Undergraduate
Studies of the M.J. Neeley School of Business, Economics majors may minor in
Finance or Accounting. See below for specific requirements.
No more than six hours from sections II and III should be completed until the
student has satisfactorily completed the Foundations (Group I) and the
Associated Requirements.
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Requirements
for the B.S. degree with a major in Economics
33 semester hours in Economics, 27 of which must
be at the 30000 level or above, plus a minimum of 9 semester hours in Associated
Requirements. A grade of "C" or better must be attained in any course
which is to count as one of the 33 hours in Economics or as one of the
Associated Requirements. Specific requirements are as follows:
I.Foundations (15 hours)
ECON 10223 Introductory Microeconomics
ECON 10233 Introductory Macroeconomics
ECON 30223 Intermediate Microeconomics
ECON 30233 Intermediate Macroeconomics
ECON 30313 Research Methods in Economics or ECON 50343 Econometrics
II.Breadth Requirements (9
hours - 3 from each subsection)
A.Contextual Inquiry
ECON 30413 American Economic History
ECON 40233 History of Economic Thought
ECON 50483 Financial History
B.International Economics
ECON 30213 Development Theory
ECON 30433 Development Studies
ECON 50123 International Trade and Payments
ECON 50133 International Monetary Economics
ECON 50443 International Economic Studies
C.Public Policy Economics
ECON 30133 Labor Economics
ECON 30143 Public Finance
ECON 40153 Economics of Financial Markets
ECON 40463 Regional and Urban Economics
ECON 50423 Regulation of Economic Activity
III.Additional Electives
in Economics (6 hours)
IV.Capstone Experience (3 hours)
ECON 40013 Senior Seminar in Economics
ECON 40003 Senior Honors Research Paper
Associated Requirements:
MATH 10283 or MATH 10524, MATH 10043 or DESC 20153. Math 10043 and MATH 10524 are strongly recommended, but not
required, for students pursuing the B.S. degree in economics. In addition,
students planning to pursue graduate study in economics are advised to take MATH
20524 and MATH 30224.
Minor: A minor is required. Any minor
approved by AddRan College is acceptable. In addition, subject to prior approval
by the Chair of the Economics Department and the Associate Dean of Undergraduate
Studies of the M.J. Neeley School of Business, Economics majors may minor in
Finance or Accounting. See below for specific requirements.
No more than six hours from sections II and III should be completed until the
student has satisfactorily completed the Foundations (Section I) and the
Associated Requirements.
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Requirements
for the B.S. degree with a major in International Economics
33 semester hours in Economics, 27 of which must
be at the 30000 level or above, plus a minimum of 18 semester hours in
Associated Requirements and sophomore-level proficiency in a foreign language. A
grade of "C" or better must be attained in any course which is to
count as one of the 33 hours in Economics or as one of the Associated
Requirements. Specific requirements are as follows:
I. Foundations (15 hours)
ECON 10223 Introductory Microeconomics
ECON 10233 Introductory Macroeconomics
ECON 30223 Intermediate Microeconomics
ECON 30233 Intermediate Macroeconomics
ECON 30313 Research Methods in Economics or ECON 50343
Econometrics
II. International
Economics (12 hours)
A.Core (6 hours)
ECON 50123 International Trade and Payments
ECON 50133 International Monetary Economics
B.Electives (6 hours)
ECON 30213 Development Theory
ECON 30433 Development Studies
ECON 50443 International Economic Studies
III. Additional
Electives in Economics (3 hours)
IV. Capstone Experience
(3 hours)
ECON 40013 Senior Seminar in Economics
ECON 40003 Senior Honors Research Paper
Associated Requirements (18
hours)
I. Quantitative Skills (6 hours)
MATH 10283 or 10524 (latter recommended)
DESC 20153 or MATH 10043 (latter recommended)
II. International and
Comparative Politics (6 hours)
POSC 20303 International Politics
POSC 30303 Topics in International Politics
POSC 30503 Topics in Comparative Politics
III. Language, History, and
Culture (6 hours)
Internationally-related courses from ANTH,
GEOG, HIST, JOUR, RELI, FINA, MANA, or MARK, or upper-division foreign
language, selected with department approval (current list of approved classes
available; offerings by other departments may be substituted with permission).
Participation in TCU's Study Abroad program may waive three hours of this
requirement (with prior approval from the Economics Department).
In addition, students planning to pursue graduate study in economics are
advised to take MATH 20524 and MATH 30224.
Minor: A
minor is required. Any minor approved by AddRan College is acceptable. In
addition, subject to prior approval by the Chair of the Economics Department and
the Associate Dean of Undergraduate Studies of the M.J. Neeley School of
Business, Economics majors may minor in Finance or Accounting. See below for
specific requirements.
No more than six hours from sections II and III should be completed until the
student has satisfactorily completed the Foundations (Section I) and the
Associated Requirements.
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Requirements
for a minor in Economics
18 semester hours in Economics to be distributed
as follows:
* ECON 10223 Introductory Microeconomics
* ECON 10233 Introductory Macroeconomics
* ECON 30223 Intermediate Microeconomics
or
ECON 30233 Intermediate Macroeconomics
* Nine additional hours in Economics at the 30000 level or above.
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Requirements
for Economics Majors minoring in Finance or Accounting
For Finance:
12 hours of required courses
FINA 30153 Financial Management
FINA 30203 Money and Banking or ECON 40153 Economics of Financial Markets
FINA 30213 Investments I
ACCT 30153 Intermediate Financial Accounting I
+ 6 semester hours of finance electives from the
following:
FINA 40153 Advanced Financial Management
FINA 30233 Investments II
FINA 40183 Educational Investment Fund
FINA 40193 Educational Investment Fund
FINA 40613 Real Estate Finance and Investment Analysis
FINA 40623 International Finance
For Accounting:
ACCT 20153 Principles of Financial Accounting
ACCT 20163 Principles of Managerial Accounting
ACCT 30153 Intermediate Financial Accounting I
ACCT 30163 Cost Accounting
ACCT 30253 Intermediate Financial Accounting II
ACCT 30303 Introduction to Federal Taxation
Economics students minoring in Accounting or Finance must also pass the Neeley
School computer tests prior to enrolling in 30000 and higher business courses.
Students should contact the Neeley Student Resource Center for information about
these tests.
The Lower Division
Sequence Requirements of the Neeley School must also be met. ECON 40153 may not
be used to satisfy both the major and minor requirements.
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Pass/No
Credit Option
Students majoring in AddRan College may take up
to 9 semester hours of courses on a P/NC basis. No courses applied to a
Department's Major or Associated Requirements may be taken on the P/NC basis.
Courses applied to the minor may be taken on the P/NC basis.
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Honors
Program
Economics majors who plan to pursue Departmental
Honors must be members of the Honors Program and should enroll in ECON 30003
during their junior year and ECON 40003 during the fall semester of their senior
year.
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Omicron
Delta Epsilon
The Eta of Texas Chapter of Omicron Delta Epsilon
is sponsored by the Department of Economics. ODE is the national honor society
in Economics.
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Courses
of Instruction
ECON 10223 Introductory Microeconomics.
Overview of economics, introduction to microeconomic theory and policy; demand,
supply, price determination in product and factor markets, principle of
comparative advantage, concept of economic efficiency, perfect and imperfect
competition.
ECON 10233 Introductory Macroeconomics.
Prerequisite: ECON 10223. Introduction to macroeconomic theory and policy;
measurement of economic aggregates, inflation, unemployment, business cycles,
fiscal and monetary policies, economic growth, exchange rates, balance of
payments, and financial capital flows.
ECON 10241 Laboratory in Microeconomics.
Prerequisite: Concurrent registration in, or completion of, ECON 10223. Use of
computer simulations, games, and formal exercizes to build on, and to reinforce,
concepts and procedures covered in ECON 10223.
ECON 10251 Laboratory in Macroeconomics.
Prerequisite: Concurrent registration in, or completion of, ECON 10233. Use of
computer simulations, games, and formal exercizes to build on, and to reinforce,
concepts and procedures covered in ECON 10233.
ECON 10433 Freshman Seminar in Economics.
Topics may vary each time it is offered.
ECON 10533 Freshman Seminar in Economics.
Topics may vary each time it is offered.
ECON 30003 Junior Honors Seminar.
Prerequisite: Advanced standing in Economics and recommendation of the Chairman.
Discussion of important books in the literature of economics and of significant
economic problems.
ECON 30133 Labor Economics. Prerequisites:
ECON 10223 and 10233. Economic analysis of labor market issues, including
minimum wage legislation, compensating wage differentials, human capital
investment, discrimination, and collective bargaining.
ECON 30143 Public Finance. Prerequisites:
ECON 10223 and 10233. Theory of public choice; budgeting procedures; theory and
methods of financing government expenditures; fiscal policy.
ECON 30213 Development Theory.
Prerequisites: ECON 10223 and 10233. An analysis of the changes that must take
place in a society in order for economic development to proceed. Economic
Theories of development and growth.
ECON 30223 Intermediate Microeconomics.
Prerequisites: ECON 10223 and 10233, MATH 10283 or MATH 10524. Details of
allocation and distribution theory of market economies. Explanations of product
and factor market activities. Elements of partial and general equilibrium
theories.
ECON 30233 Intermediate Macroeconomics.
Prerequisites: ECON 10223 and 10233. Employment, monetary theory, aggregate
demand and supply theory, economic performance and tools of measurement.
ECON 30313 Research Methods in Economics.
Prerequisites: ECON 10223 and 10233, DESC 20153 or MATH 10043. Applications of
statistical techniques in research. Includes methods of literature search,
proposal writing, computer-based statistical programs, preparation of research
reports.
ECON 30413 American Economic History.
Prerequisites: ECON 10223 and 10233. Developments in agriculture, industry,
commerce, transportation, labor, and finance in the United States.
ECON 30423 Introduction to Security Analysis.
Prerequisite: ECON 10223 and 10233; ACCT 20153 recommended. Survey of financial
markets including their historical evolution, their relation to the macroeconomy,
economic influences on prices of financial assets, government polices, and basic
portfolio management.
ECON 30433 Development Studies.
Prerequisites: ECON 10223 and 10233. Survey of development experience in a
country or group of countries or analysis of general development experiences
such as external finance, foreign trade and payments, development policy sets,
or other experiences typical of developing countries.
ECON 40003 Senior Honors Research Paper.
Prerequisites: ECON 30003 with recommendation of the Department. Each student
will prepare a substantial paper under the direction of a faculty member.
ECON 40013 Senior Seminar in Economics.
Prerequisites: Senior standing and 21 semester hours in Economics, including
successful completion of the Foundations requirements. Capstone seminar
exploring selected issues in economic theory or policy.
ECON 40153 Economics of Financial Markets.
Prerequisites: ECON 10223 and 10233. Analysis of the structure and operations of
financial markets and analysis of the role of money and capital markets in the
economy.
ECON 40233 History of Economic Thought.
Prerequisites: ECON 1223 and 1233. The study of economic ideas. May include the
ideas of any major contributor from Adam Smith to contemporary economists.
ECON 40463 Regional and Urban Economics.
Prerequisites: ECON 10223 and 10233. An introduction to, and overview of,
regional and urban economic theory. Examination of location factors and costs
including transportation rate structures, migration, firm location, structure of
regions and urban areas, and urban problems.
ECON 40970 Experimental Course.
Prerequisites: Vary according to nature of material. For use when instructor has
new material or new teaching strategies which are not appropriate to existing
courses.
ECON 50113 Industrial Organization.
Prerequisites: ECON 30223 or graduate standing in economics or business.
Theoretical and empirical examination of the interrelationships between market
structure, conduct and performance in the industrial sector of the economy.
ECON 50123 International Trade and Payments.
Prerequisites: ECON 10223 and 10233 or graduate standing in business. Surveys of
international trade relationships, balance of payments accounting, theories
explaining the pattern of trade and its relationship to economic welfare,
policies affecting the pattern of a country's trade with the rest of the world.
ECON 50133 International Monetary Economics.
Prerequisites: ECON 10223 and 10233 or graduate standing in business. Surveys of
various theories of exchange rate determination, along with evaluation of fixed,
flexible and mixed exchange rate regimes. In addition, long-term and short-term
capital flows are described and explained.
ECON 50343 Econometrics. Prerequisites:
ECON 10223 and 10233 and either MATH 10043 or DESC 20153, or graduate standing
in business. Techniques of simple and multiple regression. Methods for
correcting problems of autocorrelation, heteroscedasticity, and
multicollinearity.
ECON 50353 Modeling and Simulation.
Prerequisites: DESC 20153 or Econometrics, computer experience or permission of
instructor. An analysis of systems and modeling techniques. The application of
such techniques to economic systems. The study of regional economic models and
their use of public policy design.
ECON 50413 Industry Studies.
Prerequisites: ECON 30223 or graduate standing in economics or business. Study
of the market structure, conduct and performance of American industries using a
case study approach.
ECON 50423 Regulation of Economic Activity.
Prerequisite: ECON 30223 or graduate standing in business. Public policy
relative to commercial and industrial enterprise. Federal agency regulation.
Emphasis on industrial and market concentration, competition and monopoly,
public utilities, consumer protection and environmental pollution and control
policies.
ECON 50443 International Economic Studies.
Prerequisites: At least nine 9 semester hours credit in economics or graduate
standing in business. Detailed analysis of current problems in international
economic relationships. The list of topics selected on the basis of their
significance in policy design, policy analysis, or contemporary economic
well-being.
ECON 50453 Macroeconomic Studies.
Prerequisites: ECON 30233 or graduate standing in business. Analysis of current
macroeconomic issues in theory and policy. Topics may include economic growth,
fluctuations in business activity, investment behavior, consumption functions,
macroeconomic planning, and the policy formulation process.
ECON 50463 Regional Economic Development.
Prerequisites: ECON 30223 or graduate standing in business. Theoretical and
empirical examination of regional economic development. Topics may include
regional economic resources, development potential, factors affecting industrial
location, planning and organization of industrial development, spatial aspects
of poverty and urban problems, and methods of regional analysis.
ECON 50473 Seminar in Financial Economics.
Prerequisites: ECON 30423 or graduate standing in economics or business.
Analysis of significant contributions to the literature on investment. Portfolio
selection and management giving attention to fundamentalist technical and
cyclical approaches.
ECON 50483 Financial History.
Prerequisites: ECON 10223 and ECON 10233 or graduate standing in Economics or
Business. Examines important topics in the development of American and Western
European monetary and financial systems. Historical perspectives on innovation,
stabilization, and regulation within the major themes of monetary regimes,
banking systems, and capital markets.
ECON 50970 Directed Studies in Economics.
Prerequisites: 12 hours in economics and senior or graduate standing. Supervised
reading, research, and preparation of a substantial paper.
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