University of Wisconsin-Whitewater2000-2001 Undergraduate Catalog

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DEPARTMENT OF ECONOMICS

Phone: 262-472-1361
E-Mail: economics@uwwvax.uww.edu

Faculty: Jeffrey Anstine, Ashok Bhargava (Chairperson), William Blankenau, John Dominguez, Joseph Domitrz, Stuart Glosser, Kirk Kim , Jerome Laurent, L. Denton Marks, Susan Parks, Thomas Schweigert, Mark Skidmore, Sandra Snow.

Economics occupies a unique position in the academic curriculum. It is a social science concerned with choices made by individuals and society regarding resource allocation. At the same time, economics is essential to understanding the business world and provides the foundation for applications in accounting, finance, management and marketing.

There are a variety of ways to include economics in an undergraduate degree. Students can major in economics within the College of Letters and Sciences or within the College of Business and Economics. Students from the College of Letters and Sciences can combine a major in economics with a professional minor in business studies. Students from the College of Business and Economics who are not economics majors can obtain a minor in economics. Students in the College of Education can obtain a BSE with a major in economics.

Economics is divided into economic theory, quantitative methods and a variety of applied subfields. The department offers courses in Comparative Economics, Economic Development, Economics of Health Care, Industrial Organization, International Economics, Labor, Managerial Economics, Monetary Economics, Natural and Environmental Resource Economics, Public Economics, and Urban and Regional Economics. Economic theory and quantitative methods provide students with analytical skills and with the tools of empirical investigation.

An economics education opens up opportunities for career paths in business, government, nongovernmental and nonprofit organizations, journalism and education. Economics is valuable as a major or minor for those planning to pursue further professional or graduate training: MBA, law, public policy and administration, industrial and labor relations, and international relations. Students who are considering graduate work in economics or related business disciplines should consider a minor in mathematics or a double major in economics and mathematics.

MAJORS/EMPHASES

The department offers the following three emphases. All students pursuing an emphasis must take Economics 211, 212, 301, 302 and 402 (for BA or BS) or 345 (for BBA).

These are particularly useful for those interested in policy-related careers. Economics provides intellectual tools fundamental to the origination, development, and critique of policy in the business, nonprofit, and public sectors.

International Emphasis: This emphasis is of value to students seeking a career in business, government or non-governmental organizations involved with the increasing internationalization of the world economy. It provides students with a comprehensive background in: international trade and trade policy; international finance and exchange rates; multinational enterprise and foreign investment; economic growth and development in developing and transition economies; comparative economic systems.

Courses:

230-360 Growth and Development in the World Economy

230-401 International Economics

230-406 International Finance and Banking

230-431 Economics of Globalization

230-451 Economies of Asia

230-459 Comparative Economic Systems

 Economies and Business Policy Emphasis: This emphasis is of value for careers involving strategic and tactical planning in the private sector. It develops skills in issue/problem identification and definition, formulation of hypotheses, model-building and model-testing. Business policy involves some or all of the core business areas such as marketing, finance, and accounting, but takes a broader view of the overall role of the firm and the industry in which it operates. Courses of particular interest include:

ECON 301/501 Intermediate Microeconomic Analysis

ECON 302/502 Intermediate Macroeconomic Analysis

ECON 341 Government and Business

ECON 345 Business Statistics II

ECON 353 Labor Markets and Labor Policies

ECON 354 Money and Banking

ECON 401 International Economies

ECON 402 Business Cycles

ECON 406 Interantional Finance and Banking

ECON 437 Managerial Economics

ECON 441/641 Industrial Organization and Competitive Strategies

Students completing this emphasis will be well prepared for direct entry into a business career path or for further graduate or professional study (e.g., a general or specialized MBA).

Economics and Public Policy Emphasis: This emphasis is for those seeking a career in government: in the civil service; as an elected official. Also careers involving formulation of public policy through organizations as diverse as trade associations and nonprofit ogranizations. Courses of particular interest include:

ECON 301/501 Intermediate Microeconomic Analysis

ECON 302/502 Intermediate Macroeconomic Analysis

ECON 324 Cooperatives

ECON 353 Economics of Labor Markets and Labor Policies

ECON 356 Public Finance

ECON 360 Growth and Development in the World Economy

ECON 401 International Economics

ECON 406 International Finance and Banking

ECON 438/638 Urban, Regional, and Transport Economies

ECON 445 Economics of Health Care

ECON 459/659 Comparative Economic Systems

ECON 471 Natural Resource and Environmental Economics

Students completing this emphasis will be prepared either for direct entry into careers in public policy analysis in the public or private sector or for further graduate or professional study in areas such as Public Policy Analysis or Public Administration. The curriculum relevant to those particularly interested in public policy toward business (e.g., business regulation, trade policy) are referred to the discussion of the Economics and Business Policy Emphasis.

ECONOMICS (BBA)

MAJOR - 21 CREDITS

  1. ECON 230-345, 230-301 AND 230-302
  2. SELECT 12 CRED (COURSE LEVEL 300 OR 400) FROM ECONOMICS DEPARTMENT ECONOMICS (BA/BS)
ECONOMICS - BUSINESS POLICY EMPHASIS (BBA)

MAJOR - 27 UNITS
 1. ECON 301, ECON 302, ECON 345
 2. SELECT 12 ELECTIVE UNITS FROM THE FOLLOWING:
  ECON 341, ECON 353, ECON 354, ECON 402, ECON 437, ECON 441, OR ECON 493
 3. SELECT 6 UNITS FROM
  MARKETNG 321, MARKETNG 479, MANGEMNT 471, OR MANGEMNT 484

ECONOMICS - INTERNATIONAL  ECONOMICS  EMPHASIS (BBA)

MAJOR - 27 UNITS
 1. ECON 301, ECON 302, ECON 345
 2. SELECT 12 UNITS IN THE FOLLOWING:
  ECON 301, ECON 360, ECON 401, ECON 406, ECON 431, ECON 451, OR ECON 459
 3. SELECT 6 UNITS FROM:
  SPEECH 424, FNBSLW 410, MANGEMNT 410, MARKETNG 361, POLISCI 350, POLISCI 351, OR GEOGRPY 332

ECONOMICS - PUBLIC POLICY EMPHASIS (BBA)

MAJOR - 27 UNITS
 1. ECON 301, ECON 302, ECON 345
 2.  SELECT 12 UNITS FROM THE FOLLOWING:
  ECON 324, ECON 341, ECON 345, ECON 353, ECON 356, ECON 438, ECON 445, ECON 417, OR  ECON 493
 3. SELECT 6 UNITS FROM:
  POLISCI 330, POLISCI 344, GEOGRPY 340, GEOGRPY 350, GEOGRPY 440
 

ECONOMICS (BA/BS)

Students in the College of Letters and Sciences are required to have:

  1. a minimum overall GPA of 2.0.
  2. a minimum grade point of 2.0 in their major.
MAJOR - 27 CREDITS & 2.00 GPA
  1. ECON 230-212, 230-245, 230-404, 230-301 AND 230-302
  2. SELECT 12 ELECTIVE CRED (300 AND 400) IN ECONOMICS
UNIQUE MAJOR AND WRITING REQ. - 9-11 CREDITS
  1. ECON 230-211 AND B ED 220-353 RLS
  2. MATH 760-243 (GM) OR 760-250 (GM) RLS
AN APPROVED MINOR IS REQUIRED FOR THIS MAJOR

INTERNATIONAL ECONOMICS EMPHASIS (BA/BS)

MAJOR - 33 UNITS
 1. ECON 212, ECON 245, ECON 301, ECON 302  AND  ECON 404
 2. SELECT 12 ELECTIVE UNITS FROM:
  ECON 301, ECON 360, ECON 401, ECON 406, ECON 431, ECON 451, OR ECON 459
 3. SELECT 6 UNITS FROM
  SPEECH 424, FNBSLW 410, MANGEMNT 410, MARKETNG 361, POLISCI 350, POLISCI 351, GEOGRPY 332
UNIQUE MAJOR AND WRITING REQUIREMENT -  9-11 UNITS
 A. ECON 211 AND BSEDCNA 353
 B. MATH 342 OR MATH 250

ECONOMICS - PUBLIC POLICY EMPHASIS (BA/BS)

MAJOR - 33 UNITS

 1. ECON 212, ECON 245, ECON 301, ECON 302, ECON 404
 2. SELECT 12 UNITS FROM THE FOLLOWING:
  ECON 324, ECON 341, ECON 345, ECON 353, ECON 356, ECON 438, ECON 445, ECON 471, OR ECON 492
 3. SELECT 6 UNITS FROM THE FOLLOWING:
  POLISCI 330, POLISCI 344, GEOGRPY 340, GEOGRPY 350 OR GEOGRPY 440
UNIQUE MAJOR AND WRITING REQUIREMENT -  9-11 UNITS
 A. ECON 211 AND BSEDCNA 353
 B. MATH 243 OR MATH 250
 

ECONOMICS (BSE)

LICENSURE - 37-38 CREDITS

  1. C&I 437-466
  2. EDFD 420-243 OR 420-445
  3. SELECT 2 CREDITS FROM C&I 439-210
  4. STUDENT TEACHING
    1. SELECT 2 OR 12 CREDITS FROM C&I 439-412
    2. SELECT 2 OR 12 CREDITS FROM C&I 439-414
  5. C&I 437-430
  6. GEOG 722-252 (GS) OR BIOL 630-214 (GM) RLS
  7. ECON 230-213 OR 230-324 RLS
  8. EDFD 423-212 AND 424-425
  9. SELECT 3 CREDITS FROM COURSE SPED 480-205
MAJOR - 34 CREDITS
  1. ECON 230-245, 230-404, 230-301, 230-302 AND 230-459
  2. ECON 230-212 OR 230-213
  3. SELECT 16 CRED (COURSE LEVEL 300 OR 400) FROM ECONOMICS DEPT
WRITING - 3 CREDITS
  1. B ED 220-353 RLS AN APPROVED MINOR IS REQUIRED FOR THIS MAJOR
SOCIAL STUDIES BROADFIELD - ECONOMICS I EMPHASIS (BSE)

LICENSURE - 42-43 CREDITS

  1. C&I 437-466
  2. EDFD 420-243 OR 420-445
  3. SELECT 2 CREDITS FROM C&I 439-210
  4. STUDENT TEACHING
    1. SELECT 2 OR 12 CREDITS FROM C&I 439-412
    2. SELECT 2 OR 12 CREDITS FROM C&I 439-414
  5. C&I 437-430
  6. GEOG 722-252 (GS) OR BIOL 630-214 (GM) RLS
  7. ECON 230-213 OR 230-324 RLS
  8. EDFD 423-212 AND 424-425
  9. SELECT 3 CREDITS FROM COURSE C&I 439-492
  10. SELECT 3 CREDITS FROM SPED 480-205
MAJOR - 54 CREDITS
  1. ECON 230-245, 230-404, 230-301, 230-302 AND 230-459
  2. ECON 230-212 OR 230-213
  3. SELECT 16 CRED FROM ECONOMICS COURSES AT THE 300 OR 400 LEVEL
  4. SELECT 20 CRED FROM AT LEAST 2 OF THE SOCIAL SCIENCE AREAS EXCLUDING CORE COURSES
WRITING - 3 CREDITS
  1. B ED 220-353 RLS
SOCIAL STUDIES BROADFIELD - ECONOMICS II EMPHASIS (BSE)

LICENSURE - 42-43 CREDITS

  1. C&I 437-466
  2. EDFD 420-243 OR 420-445
  3. SELECT 2 CREDITS FROM C&I 439-210
  4. STUDENT TEACHING
    1. SELECT 2 OR 12 CREDITS FROM C&I 439-412
    2. SELECT 2 OR 12 CREDITS FROM C&I 439-414
  5. C&I 437-430
  6. GEOG 722-252 (GS) OR BIOL 630-214 (GM) RLS
  7. ECON 230-213 OR 230-324 RLS
  8. EDFD 423-212 AND 424-425
  9. SELECT 3 CREDITS FROM COURSE C&I 439-492
  10. SELECT 3 CREDITS FROM SPED 480-205
MAJOR - 54 CREDITS
  1. ECON 230-245, 230-404, 230-301 AND 230-302
  2. ECON 230-212 OR 230-213
  3. SELECT 7 ELECTIVE CRED FROM ECONOMICS COURSE LEVEL 300 OR 400
  4. SELECT 32 CRED FROM AT LEAST 3 OF THE SOCIAL SCIENCE AREAS EXCLUDING CORE COURSES
WRITING - 3 CREDITS
  1. B ED 220-353 RLS

MINOR/EMPHASES

ECONOMICS - L&S EMPHASIS
    MINOR - 21 UNITS
     1.   ECON 211 AND ECON 212
     2.   SELECT 15 CRED  FROM   ECONOMICS   NUMBERED
     ECON 240   OR   HIGHER.   IF   YOU  ARE  A   BBA
     STUDENT,   THE   ECON   COURSES   APPLIED   TO    YOUR   DEGREE   REQUIREMENTS   WILL   NOT   BE    LISTED   HERE   BUT   THEY   CAN   BE   APPLIED   TO    THE   MINOR;   CHECK   WITH   THE   ECON   DEPT   FOR   INFORMATION.
ECONOMICS EDUCATION EMPHASIS

MINOR - 22 UNITS

     1.  ECON 211, ECON 212 AND ECON 459
     2.  SELECT 13 CRED FROM ECONOMICS NUMBERED
           ECON 240 OR HIGHER
Registrar's Office - UW-Whitewater
For comments: registrar@mail.uww.edu.
Last revised on March 10, 2000 by WDT
URL: http://www.uww.edu/catalog2000