| Degree: | Bachelor of Arts (B.A.) |
| Minors: | Economic Policy Quantitative Economics |
| Department: | Building 50, Room 120 (850) 474-2929 http://uwf.edu/govt/ |
| College: | Arts and Sciences |
| Semester Hours Required For Degree: 120 | |
The B.A. in Economics is typically of interest to students with strong academic credentials and a desire to make a difference by helping to shape policy in a wide range of areas in society. Economics majors will develop conceptual and analytical skills for making policy-oriented decisions based on analysis of fundamental resource allocation issues. Economists work in a broad range of policy areas and address questions such as the following: What is the best way to fight environmental pollution? What is the appropriate role of government in economy? What rules should govern trade among nations? What is the appropriate economic policy for developing and increasing immigration? What are the effects of tax cuts, budget deficits, and welfare policies on the overall economy? Economists may address fundamental policy issues such as these and others within narrower fields such as health care, agriculture, education, crime, politics, urban and regional development, law, history, energy, and the environment, among many others. The B.A. in Economics is structured to provide the opportunity for students to earn minor degrees in many of these specialized fields.
Most economists are concerned with practical applications of economic policy and work for a wide variety of public, private, and governmental organizations. The job market for individuals with both undergraduate and graduate degrees in economics is robust and tends to be less cyclical than the market for students with many other degrees. The B.A. in Economics provides a comprehensive foundation for students who wish to obtain a graduate degree in economics and is also recognized as excellent preparation for graduate programs such as Law or the MBA.
Students are urged to consult with faculty members associated with the Economics program and its recommended minors for detailed information about the program’s academic learning outcomes and to develop an appropriate course of study for their intended career path.
In addition to the university’s general requirements, students seeking the B.A. in Economics must meet the requirements listed below.
A grade of “C” or higher is required for all courses in the Economics core and Economics electives.
No more than 24 percent of the B.A. in Economics may be in traditional business subjects, excluding economics courses. Students who wish to include extensive business coursework in their program should declare the B.S.B.A. Economics (Business) degree program (See Economics, Business section).
Students should consult their academic advisor for courses which may satisfy both the General Studies requirements and common prerequisites.
In addition to the general studies requirements listed on this page, students must satisfy all additional University requirements, including the Gordon Rule, multicultural, and foreign language requirements. With appropriate planning and coordination with an academic advisor, students may satisfy some of the general University requirements through the General Studies curriculum. For a complete listing of general degree requirements, refer to the "Graduation and General Degree Requirements" section of this catalog.
General Studies Curriculum:
| Communication | 6 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Mathematics | 6 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Social Sciences | 9 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Humanities | 8-9 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Natural Sciences | 7 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total Semester Hours: | 36-37 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Economics majors should take the following core component courses:
| Mathematics | ||
| STA 2023 | Elements of Statistics | 3 |
| MAC 2233 | Calculus with Business Applications | 3-4 |
| or MAC 2311 | Analytic Geometry and Calculus I | |
| Humanities/Contemporary Values and Expressions | ||
| PHI 2010 | Introduction to Philosophy | 3 |
| or PHI 2100 | Introduction to Logic | |
| Social Sciences/Socio-political | ||
| ECO 2013 | Principles of Economics Macro | 3 |
State mandated common prerequisites must be completed prior to graduation, but are not required for admission to the program. See the Common Prerequisite Manual for course substitutions from Florida colleges and universities.
| ECO 2013 | Principles of Economics Macro * | 3 |
| ECO 2023 | Principles of Economics Micro | 3 |
| Total Hours | 6 | |
| * | Indicates common prerequisites which can be used to satisfy General Studies requirement. |
| Students must complete sufficient 1000/2000 level electives to satisfy at least 60 sh in the lower division. Current UWF students may use elective courses at any level (1000-4000) to meet this elective requirement. Economics majors should include electives that will help to prepare them for potential minor programs of study. Students should consult their academic advisor for guidance in course selection. | 18-21 | |
| Total Hours | 18-21 | |
| ECO 3101 | Intermediate Microeconomics | 3 |
| ECO 3203 | Intermediate Macroeconomics | 3 |
| Choose one of the following: | 3 | |
| Business and Economic Forecasting | ||
| International Trade and Commercial Policy | ||
| Six 3000/4000 level ECO or ECP electives * | 18 | |
| Total Hours | 27 | |
* or ECO 4704 International Trade and Commercial Policy may be used to partially fulfill this requirement if not used to fulfill the Core Requirement. ECO 3003 Principles of Economic Theory and Public Policy may not be used to partially fulfill this requirement.
| Students are strongly encouraged to declare minor(s) in one or more of the following fields after consultation with their academic and career advisors: Biology, English, Environmental Studies, Geography, History, International Studies, Mathematics, Philosophy, Political Science, Political Science Pre-Law, and Psychology. Students who plan to pursue a graduate degree in economics should minor in mathematics or take a large number of quantitative/ statistics courses. | 33 | |
| Total Hours | 33 | |
The Minor in Economic Policy is designed for and only available to non-business majors. It gives students in a wide variety of majors the opportunity to add value to their major degree. It is especially appropriate for students who plan to enter law school or work in political or public policy-oriented career fields. The Economic Policy Minor requires completion of 15 sh with a grade of “C” or higher. Nine hours of 3000/4000 level economics courses must be taken at UWF.
| Four 3000/4000 level economics (ECO or ECP) electives | 12 | |
| Choose one of the following: | 3 | |
| Principles of Economics Macro | ||
| Principles of Economic Theory and Public Policy | ||
| Total Hours | 15 | |
The Minor in Quantitative Economics is available for all students and is designed for those who wish to learn about math-oriented applications of economic theory. It provides students in a wide variety of majors the opportunity to add value to the major degree. It is especially appropriate for students with strong mathematics interests who plan to build a career as an analyst in financial organizations.
The Quantitative Economics Minor requires completion of 18 sh with a grade of “C” or greater in each course. Nine hours of 3000/4000-level economic courses must be taken at UWF.
| ECO 2013 | Principles of Economics Macro | 3 |
| ECO 2023 | Principles of Economics Micro | 3 |
| ECO 3101 | Intermediate Microeconomics | 3 |
| ECO 4401 | Introduction to Mathematical Economics | 3 |
| ECO 4431 | Business and Economic Forecasting | 3 |
| Choose one of the following: | 3 | |
| Accounting for Non-Majors | ||
| Managerial Finance | ||
| Total Hours | 18 | |
