172 economists are often employed in private business firms in the financial, retailing, and industrial sectors. A complete career guide is available from the department chairperson. A degree in Business Economics is also regarded by graduate business schools as excellent preparation for advanced work toward an MBA, as well as advanced degrees in other business related disciplines such as human resource management, public administration, finance, and international business. Students seeking an advanced degree in economics, law, other social and behavioral sciences, urban and regional planning, actuarial science, etc., should also investigate the General Economics Major. The Department has established a Center for Economic Education. Its basic function is to help educators in secondary and elementary schools improve their understanding and knowledge of economics. This will assist them in providing their students with the fundamental economic tools needed to evaluate complex national and international events that are a part of their daily existence. BUSINESS ECONOMICS MAJOR » Program Prerequisites: All Business and Economics courses with numbers above 3000 require prior completion of Acctng 2010, Econ SS2010, Econ SS2020, ISScT 1000 and Quant SI2600 (unless noted on pages 152). These prerequisites are refened to collectively as "Business Foundations." » Minor: None required. » Grade Requirements: A minimum grade of "C-" is mandatory in all required classes. A minimum cumulative GPA of 2.0 or higher must be maintained for all courses. In addition, a minimum GPA of 2.5 is required for Business and Economics courses. » Credit Hour Requirements: A total of 120 credit hours is required for graduation - 60-61 of these are John B. Goddard School of Business Sc Economics required courses and 24 are required within the major. Advisement Advisement is required. See the John B. Goddard School of Business and Economics Advisor, Patti Sanchez, in WB 211 (801- 626-6065). Contact the School advisor for information on transfer credits, business foundations courses, advanced standing, and admission applications. Advising in major selection, major requirements, and admission applications is provided by the Economics Department. Complete information concerning current graduation requirements and graduation contract forms are available in the Department of Economics office, WB 226. All economics majors should meet each semester with the Department Chair, Dr. Clifford Nowell (801-626-6488; WB 234). Admission Requirements An application is necessary for all majors and minors in the John B. Goddard School of Business and Economics. Completion of Business Foundations courses with course grades of "C-" or higher is required for admission and access by majors to upper division Business and Economics courses. Students must complete an application for admission to the John B. Goddard School of Business and Economics which may be obtained by calling the School Advisor (Patti Sanchez) at 801-626-6065 or the Department of Economics secretary at 801-626-6066. 173 General Education Refer to pages 35-40 for either Bachelor of Science or Bachelor of Arts requirements. Econ All740 is recommended to fulfill the Senate Bill Requirement in American Institutions. Math QL1050 is a prerequisite for Econ SS2010, Quant SI2400, and Quant SI2600. Students seeking a major in Economics should plan to take the necessary mathematics courses as early as possible in their program of study. Course Requirements for B.S. or B.A. Degree John B. Goddard School of Business & Economics Requirements (See pages pages 152-153) Liberal Support Curriculum (13 or 14) Business Foundations (13) Business Cross-Functional Core (19) Business Functional Core (15) Business Courses Required (9 credit hours) Econ 4010 Intermediate Microeconomic Theory (3) Econ 4020 Intermediate Macroeconomic Theory (3) ISScT 3110 Information Technology for Business (3) Elective Courses (15 credit hours) Select from the following Econ 3090 History of Economic Thought (3) Econ 3110 International Trade (3) Econ 3120 International Finance Sc Monetary Systems (3) Econ 3400 Labor Economics (3) Econ 3410 Women in the World Economy (3) Econ 4170 Economic Development (3) Econ 4320 Industrial Organization (3) Econ 4520 Public Finance (3) Econ 4550 Introduction to Econometrics (3) Econ 4560 Mathematical Economics (3) Econ 4800 Independent Research (1-3) Econ 4810 Experimental Courses (1-3) Econ 4920 Short Courses, Workshops (1 -3) Suggested Course Sequence The following suggested course sequence is provided to assist students in planning their schedules. Use this only as a guideline and be sure to consult with an advisor. Senior Fall Econ 3110 3 Major Elective UD 3 Minor Elective 3 BusAdm 4620 3 Elective 3 Total Hours 15 Econ 4800 Major Elective Minor Elective BusAdm 4780 Elective Total Hours ECONOMICS DEPARTMENTAL Ij'i Ereshman Spring EconAI1740 3 Econ SS2010 3 Math QL1050 3 Quant SI2600 3 Engl EN1010 3 Engl EN2010 3 CA Gen Ed 3 Acctng 2010 3 Botany LS1403 3 HU Gen Ed 3 Total Hours IS Total Hours 15 .. ■; : _ ._„.Jophqmqre Spring Econ SS2020 3 IS&T 3110 3 Acctng 2020 3 Quant SI2400 3 Quant SI2610 3 Mktg 3010 3 CA Gen Ed 3 SS Gen Ed 3 LS Gen Ed 3 PS Gen Ed 3 BusAdm 4620 1 Total Hours 16 Total Hours 15 rV:-v :-Jy:-;;. ■■:::■■■:,.■:■:.,,,,.,,■■ ' ,:„„:,„J„i:„.5.,m,„K,„:;, ■ ,::i,:,::.:::::.;,,::,:-s,:::.:::, J ..-..;.. ..:■.;:. ■ ■,.■.:,■.;:■..... ■< :,■■,.,:■,..;....: :...;..:......; _ Econ 4010 3 Econ 4020 3 Major Elective 3 Major Elective 3 Mgmt 3120 3 Minor Elective 3 Fin 3200 3 BusAdm 3330 3 BusAdm 3200 3 LOM 3050 3 Total Hours 15 Total Hours 15 » Prerequisite: Enroll in the General Honors Program and complete at least 9 hours of General Honors courses (see Honors Program). » Grade Requirements: Maintain an overall GPA of 3.3 » Credit Hour Requirements: Fulfill requirements for an Economics Department major, given above for Business Economics and, for General Economics, in the Social and Behavioral Sciences section of the catalog. In fulfilling these requirements, students must take at least 12 hours of economics courses on an Honors basis, 2 hours of which must be completed as a senior project (Honors 4990). The student may receive economics Honors credit in any upper-division or graduate-level economics course.* In addition, either Econ 4010 or 4020 Econ must be taken on an Honors basis. * Permission from the department chair must be obtained before registering in a course for Honors credit. A written agreement must also be reached with the appropriate professor regarding the work expected for Honors credit. ECONOMICS FOR NON-BUSINESS MAJORS ■ ■ ■ » Grade Requirements: A grade of "C-" or higher in courses used toward the minor. » Credit Hour Requirements: Minimum of 18 credit hours. This minor is for students who major outside of the John B. Goddard School of Business and Economics. Approval of a minor program by the Economics department is required. Course Requirements for Minor Required Courses (18 credit hours) Econ SS2010 Principles of Microeconomics (3) Principles of Macroeconomics (3) Managerial Economics (3) Intermediate Macroeconomics (3) Business Statistics I (3) Business Statistics II (3) Econ SS2020 Econ 3030 Econ 4020 Quant SI2600 Quant SI2610 Math QL1050 with a grade of "C-" or higher (or CR if taken on a CR/NC basis) is a prerequisite for Econ SS2010, Quant SI2600. Economics Teaching » Grade Requirements: A grade of 2.5 or higher in courses used toward the minor. » Credit Hour Requirements: Minimum of 15 credit hours. Approval of a minor program by the Economics department chair is required. Students who select the Economics Teaching minor must satisfy the Teacher Education admission and certification requirements (see Teacher Education Department). Advisement is required. Course Requirements for Minor Required Courses (15 credit hours) Econ SS1010 Economics as a Social Science (3) Econ SS2010 Principles of Microeconomics (3) Econ SS2020 Principles of Macroeconomics (3) Econ All740 Economic History of the U.S. (3) Econ 3200 Money Sc Banking (3) ECONOMICS COURSES Econ SSIOIO. Economics as a Social Science (3) F, S An introduction to basic economic institutions and principles of economics for non-business and non-economics majors. The primary objective of the course is to provide a framework of economic approaches useful in the analysis of social problems. Topics include poverty, economic systems, crime, pollution, health, discrimination, unemployment, inflation, and the role of government in the economy. Econ SSI 100. Environmental Issues and Economic Policy (3) F, S An analysis of policies which affect environmental resources. Emphasis on economic analysis of renewable and nonrenewable resources and public policy. Applications include land use, such as forests and wilderness areas, and pollution control, such as hazardous waste and air/water quality. This course encourages students to study the management of local natural resources. Econ All740. Economic History of the United States (3) F, S A critical study of the growth and development of American Society and its institutions. Econ SS2010. Principles of Microeconomics (3) F, S The application of economic concepts to the analysis of scarcity of and of individual, firm, and organizational behavior. Topic coverage includes the theories of how consumers and firms make choices, and how various rules guide their respective decisions. The course also explores the theory of market structures, such as perfect and imperfect competition, as well as monopoly. Prerequisites: MathQL1050 with a C- or higher grade (or CR if taken on a CR/NC basis). Econ SS2020. Principles of Macroeconomics (3) F, S The application of economic concepts to the analysis of national income and employment, economic fluctuations, inflation, fiscal and monetary policies, economic growth, and the global economy. This course analyzes various economic policies, and how they affect economic fluctuations and foster economic growth. Prerequisites: Math QL1050 with a C- or higher grade (or CR if taken on a CR/NC basis), Econ SS2010. Econ 2920. Short Courses, Workshops, Institutes, and Special Programs (1-3) Consult the semester class schedule for the current offering under this number. The specific title and credit authorized will appear on the student transcript. See John B. Goddard School of Business and Economics Registration Resfrictions before registering for courses numbered 3000 and above. Econ 3030. Managerial Economics (3) F, S This course uses the tools of differential calculus and regression theory to analyze the managerial decisions of individual firms. Prerequisites: Math QL1050, Quant SI2600, 2610. General PROFILE ENROLLMENT STUDENT AFFAIRS ACADEMIC INFO DEGREE REQ GEN ED Interdisciplinary FYE HNRS BIS LIBSCI INTRD MINORS Applied Science & logy CEET CS MFET/MET CMT DG PRENGR AUTOSV/AUTOTC IDT SST TBE Arts & Humanities COMM ENGL FORLNG DANCE MUSIC THEATR ART on MBA MPACC/ACCTNG BUSADM FIN LOM MGMT MKTG ECON/QUANT- IS&T MEDUC CHFAM ATHL/AT HEALTH/NUTRI PE/REC EDUC ■ :■■■ : . ., CLS DENSCI PARAMD HTHSCI HAS/HIM NURSNG RADTEC DMS NUCMED RADTHR RESTHY BOTANY CHEM GEOSCI MATH/MATHED MICRO PHSX ZOOL Social t Behavioral CJ ECON GEOGR HIST POLSC PHILO PSYCH SOCLWK GERONT SOCLGY ANTHRO AEROSP MILSCI NAVSCI Weber State University Weber State University