Economics Major or Minor
BA Degree — Economics Major
In addition to the essential education requirements, majors in Economics must complete 33 semester hours in Economics, and Mathematics including:
- ECON1300 Principles of Macroeconomics 3 s.h.
- ECON1320 Principles of Microeconomics 3 s.h.
- ECON3350 Intermediate Microeconomic Theory 3 s.h.
- ECON3360 Intermediate Macroeconomic Theory 3 s.h.
- ECON4300 Research Seminar 3 s.h.
- Upper Division Electives in Economics 12 s.h.
An Economics major must also complete:
- BUAD1420 Math for Decision Making or
MATH1510 Calculus I 3 s.h.
- MATH1380 Introduction to Statistics 3 s.h.
Teacher Certification in Economics
- FOR NON-ECONOMICS MAJORS WHO WANT A SECONDARY ECONOMICS ENDORSEMENT (5-12):
Non-Economics majors desiring a secondary Economics endorsement (5-12) in Iowa must complete the Secondary Education Program (with SOSC3390 Methods of Teaching Social Studies as the appropriate methods course), a major in a secondary teaching field, and one of the following: (A.) 24 s.h. in Economics, (B.) 30 s.h. in the broad area of Social Sciences to include 15 s.h. in Economics.
Courses in Economics
ECON1300 Principles of Macroeconomics 3 s.h.
Analysis of the fundamental principles of the American economic system, centering on price, national income, international trade and finance, fiscal policy, monetary policy, money, and banking. Prerequisite: 1 year high school algebra; geometry recommended. Goal 1C, ELO5 Social Science - World Citizenship
ECON1320 Principles of Microeconomics 3 s.h.
Analysis of the fundamental principles of the American economic system, centering on price, production, market structures, and a survey of contemporary economic problems, e.g. sustainability. Goal 1C, ELO5 Social Science - Sustainability
ECON2000 Individual Study Goal 1C 1-3 s.h.
ECON3000 Individual Study Goal 1C 1-3 s.h.
+ ECON3200 Public Finance 3 s.h.
An examination of the taxation policies and expenditure programs of the public sector. Related topics include public goods, income distribution, and public choice theory. Prerequisite: ECON1320. Goal 1C
ECON3220 Economics of Sports 3 s.h.
An application of economic theory to the business of sports. Areas include labor economics, public finance, and the theory of the firm. Prerequisite: ECON1320 and either two MATH courses or MATH1380. Goal 1C
+ ECON3250 Entrepreneurship and Free Enterprise (Also BUAD3250) 3 s.h.
To study and hear from the cast of entrepreneurs who have been, or are involved, in the drama of U.S. business. To help each student evaluate their own spirit and personality to see if they have entrepreneurial skills and talents. Prerequisite: ECON1320. Goal 1C
ECON3280 Economic Development (also GEOG3280) 3 s.h.
A survey of various analytic approaches to the problem of economic development in Asia, Africa, and Latin America, and an examination of their significant policy problems. Goal 4, ELO5 Social Science - Innovation
+ ECON3320 Money and Banking 3 s.h.
A study of monetary institutions, monetary theory and policy implications, and the principles of our banking system. Prerequisite: ECON1320. Goal 1C
ECON3350 Intermediate Microeconomic Theory 3 s.h.
A study of contemporary consumption, production, pricing resource allocation, and distribution theory. Prerequisite: ECON1320. Goal 1C
ECON3360 Intermediate Macroeconomic Theory 3 s.h.
A study of national income determination theory and stabilization policies. Prerequisite: ECON1320. Goal 1C
+ ECON3430 Managerial Economics 3 s.h.
Considers the business enterprise as an economic and social institution. Particular attention is given to the theory of the firm and the application of the theory in problem-solving. Prerequisites: MATH1380 and ECON3350. Goal 1C
+ ECON3440 International Economics 3 s.h.
Theories of international trade, foreign exchange markets, resource movements and international economic policies. Prerequisite: ECON1300. Goal 1C, ELO4 Global Learning - World Citizenship
ECON3900 Topics in Economics 1-3 s.h.
Study of selected topics from areas in economics such as industrial, agricultural, governmental, and historical economics. Topics are announced prior to each semester they are offered. May be repeated for credit when the topics vary. Goal 1C
ECON4000 Individual Study Goal 1C 1-3 s.h.
+ECON4100 Investment Analysis (also BUAD4100) 3 s.h.
A study of the fundamental principles underlying the analysis of investments. Prerequisites: ACCT2320, BUAD3380, and ECON1320. Goal 1C
ECON4300 Research Seminar 3 s.h.
Students investigate theoretical and applied topics and present their findings. Prerequisites: ECON3350, ECON3360. Goal 1C
+Denotes an alternate year course.
Support Courses for Economics Major
BUAD1420 Math for Decision Making 3 s.h.
A beginning course in finite mathematics and calculus for students in business, economics, management, and the social and life sciences. Prerequisites: Two years of high school algebra.
MATH1380 Introduction to Statistics 3 s.h.
Data analysis and measures of central tendency, dispersion, and correlation. Introduction to probability. Estimation and hypothesis testing. Bivariate regression. Elementary ANOVA. Introduction to nonparametric techniques. Prerequisite: 1 year high school algebra. Goal 3A, ELO6 Math
MATH1510 Calculus I 3 s.h.
Limits, continuity, derivative, mean-value theorem, simple integration, fundamental theorem of calculus. Prerequisite: 2 years high school algebra. Goal 3A, ELO6 Math
SOSC3390 Methods of Teaching Social Studies 3 s.h.
Discussions of the general and specific objectives of social studies in the secondary school system, the materials and resources available, techniques in teaching the social studies, types of curricula, and methods of evaluation. Prerequisites: admittance into Teacher Education, unless part of an approved Liberal Studies Program.