Department of Economics

Main Departmental Office

Wooten Hall, 325

P.O. Box 305457

Denton, TX 76203-5457

(940) 565-2573

Fax: (940) 565-4426

Web site: www.econ.unt.edu

Advising Offices

Undergraduate, Wooten Hall, 336 and 342

Graduate, Wooten Hall, 343 and 348

Steven L. Cobb, Chair

Faculty

Professor Abernathy, Nieswiadomy. Associate Professors Cobb, Koelln, Molina. Assistant Professors Jewell, Lopez, McPherson, Redfearn, Rous, Tieslau, Wenger. Lecturers Battaglia, Ellis, Lynch.

Introduction

The Department of Economics prepares students for career opportunities in the increasingly competitive domestic and global marketplace. The department is committed to a balance of high quality teaching and research. Students benefit from the personal attention of faculty and develop a clear understanding of applications of economic theory to real-world policy issues.

There are more than 59,000 economists in the United States working in three main areas: 42 percent work in business; 37 percent in teaching, research and consulting; and 21 percent in government. Economists work in many fields, including international trade, forecasting, environmental analysis, monetary theory, economic development, insurance, banking, finance, consulting, health care, communications, marketing, law and labor relations.

An undergraduate major in economics is excellent preparation for graduate work in economics, business, law and other fields. A "hands-on" approach helps students develop the technical and quantitative skills necessary for graduate study in many of today's expanding career fields in business and research.

Programs of Study

The department offers undergraduate and graduate programs in the following areas:

A Bachelor of Business Administration with a professional field in economics is available through the Department of Finance, Insurance, Real Estate and Law in the College of Business Administration.

These programs offer students a diversity of options ranging from a liberal arts perspective to
a more quantitative technical background.

Bachelor of Science in Economics

Degree Requirements

Candidates for the Bachelor of Science in Economics must meet the following requirements:

1. Hours Required for the Degree: Completion of a minimum of 128 total semester hours; 42 must be advanced.

2. General University Requirements: See "General Degree Requirement s" in the Academics section of this catalog.

3. College of Arts and Sciences Core Curriculum: Minimum 61 hours (includes requirements of University Core Curriculum). See "Arts and Sciences Core Curriculum " in the College of Arts and Sciences section of this catalog for specific core requirements and list of approved courses. See degree plan for exact hours. Note: Core requirements were being revised at the time this catalog went to press. Contact a degree program adviser for more information.

The core requirement of 6 hours of a foreign language may be replaced with 6 hours of mathematics in addition to MATH 1710 and 1720 as listed below. Suggested courses for the additional 6 hours include MATH 2510, 2520, 2700, 2730, 3410 and 3420. If MATH 4610 and 4650 or MATH 1780 are taken to fill the statistics requirement listed below, they may count toward the additional 6 hours.

4. Major Requirements: Majors must complete at least 30 hours in economics, including ECON 1100-1110, 3550, 3560, 4020 and 4870.

5. Minor Requirements: None required.

6. Electives: See degree plan.

7. Other Course Requirements: MATH 1710 and 1720; MATH 4610 and 4650 or MATH 1780.

8. Other Requirements: All course selections must be approved by an undergraduate adviser or the department chair.

DRED (Traffic Safety) courses may not be used to satisfy any portion of a degree in the College of Arts and Sciences.

BS in Economics

Following is one suggested four-year degree plan. Students are encouraged to see their adviser each semester for help with program decisions and enrollment. Some requirements may have changed because the University Core Curriculum was being revised at the time this catalog went to press. Contact a degree program adviser.

BS in Economics pdf

FRESHMAN YEAR

FALL HOURS

ECON 1110, Principles of Macroeconomics,
or ECON 1100, Principles of
Microeconomics 3

ENGL 1310, College Writing I 3

MATH 1710, Calculus I4 4

PSCI 1040, American Government 3

Elective16 2

Total 15

SOPHOMORE YEAR

FALL HOURS

ECON 3550, Intermediate Micro-Theory 3

ENGL 2210, World Literature I 3

HIST 2610, United States History to 186512 3

Laboratory Science9 4

Understanding of Ideas and Values8 3

Total 16

JUNIOR YEAR

FALL HOURS

ECON 4020, Money and Financial Institutions 3

ECON Elective (advanced) 3

MATH 1780, Introduction to Statistical
Analysis34 3

Elective (advanced)15 3

Elective16 3

Oral Communication2,16 3

Total 18

SENIOR YEAR

FALL HOURS

ECON 4870, Introduction to Econometrics 3

Elective (advanced)16 3

Elective (advanced)16 3

Laboratory Science9 4

Understanding of Ideas and Values8 3

Total 16

FRESHMAN YEAR

SPRING HOURS

ECON 1100, Principles of Microeconomics,
or ECON 1110, Principles of
Macroeconomics 3

ENGL 1320, College Writing II6 3

MATH 1720, Calculus II 3

PSCI 1050, American Government 3

Elective16 3

Total 15

SOPHOMORE YEAR

SPRING HOURS

ECON 3560, Intermediate Macro-Theory 3

ENGL 2220, World Literature II 3

HIST 2620, United States History Since 186512 3

CSCI1, 16 3

Laboratory Science9 4

Total 16

JUNIOR YEAR

SPRING HOURS

ECON Elective (advanced) 3

ECON Elective (advanced) 3

MATH Elective32 3

Elective (advanced)16 3

Elective 3

Wellness11 3

Total 18

SENIOR YEAR

SPRING HOURS

ECON Elective (advanced) 3

Elective (advanced)16 3

Elective (advanced)16 3

Elective16 3

Visual and Performing Arts7 3

Total 15

Actual degree plans may vary depending on availability of courses in a given semester.
Some courses may require prerequisites not listed.
See Arts and Sciences notes in supplement booklet for footnotes.

Summary of Degree Requirements:

Economics (24 advanced): 30

*Core: English 12

United States History 6

Political Science 6

Science 12

Mathematics 10

Wellness 3

Visual and Performing Arts 3

Understanding of Ideas and Values 6

Foreign Language or 6 additional hours of
Mathematics: 6

Oral Communication: 3

Computer Science: 3

* The University Core Curriculum was being revised at the time this catalog went to press. Consult a degree program adviser or the university's Web site (www.unt.edu/catsched ).

Note:

30 hours of ECON must include 1100-1110, 3550, 3560, 4020 and 4870.

42 hours of 128 hours must be advanced.
Taking courses in the core at the advanced level will aid the student in reaching 42 advanced hours.

Course selections must be approved by an undergraduate adviser.

Bachelor of Arts with a Major in Economics

Degree Requirements

Candidates for the Bachelor of Arts with a major in economics must meet the following requirements:

1. Hours Required for the Degree: Completion of a minimum of 128 total semester hours; 42 must be advanced.

2. General University Requirements: See "General Degree Requirements " in the Academics section of this catalog.

3. College of Arts and Sciences Core Curriculum: Minimum of 61 hours (including requirements of University Core Curriculum). See "Arts and Sciences Core Curriculum " in the College of Arts and Sciences section of this catalog for specific core requirements and list of approved courses. See degree plan for exact hours. Note: Core requirements were being revised at the time this catalog went to press. Contact a degree program adviser for more information.

4. Major Requirements: Majors must complete at least 30 hours in economics, including ECON 1100-1110, 3550, 3560, 4020 and 4510. MSCI 3700 or MATH 1680 is also required.

5. Minor Requirements: None.

6. Electives: See degree plan.

7. Other Course Requirements: MATH 1650, Pre-Calculus; or MATH 1600, College Mathematics with Calculus.

8. Other Requirements: All course selections must be approved by an undergraduate adviser or the department chair.

Major in Economics

Following is one suggested four-year degree plan. Students are encouraged to see their adviser each semester for help with program decisions and enrollment. Some requirements may have changed because the University Core Curriculum was being revised at the time this catalog went to press. Contact a degree program adviser.

BA with a Major in Economics pdf

FRESHMAN YEAR

FALL HOURS

ECON 1110, Principles of Macroeconomics,
or ECON 1100, Principles of Microeconomics 3

ENGL 1310, College Writing I 3

LANG 2040, Foreign Language
(intermediate)3,16 3

MATH 1650, Pre-Calculus or MATH 1600,
College Mathematics with Calculus4,16 5

PSCI 1040, American Government 3

Total 17

SOPHOMORE YEAR

FALL HOURS

ECON 3550, Intermediate Micro-Theory 3

ENGL 2210, World Literature I 3

HIST 2610, United States History to 186512 3

CSCI1,16 3

Laboratory Science9 4

Total 16

JUNIOR YEAR

FALL HOURS

ECON 4020, Money and Financial Institutions 3

MATH 1680, Elementary Probability and
Statistics, or MSCI 3700 Statistical
Analysis I 3

ECON Elective (advanced) 3

Elective (advanced)15 3

Oral Communication2,16 3

Total 15

SENIOR YEAR

FALL HOURS

ECON Elective (advanced) 3

Elective (advanced)16 3

Elective (advanced)16 3

Elective16 3

Elective16 3

Understanding of Ideas and Values8 3

Total 18

FRESHMAN YEAR

SPRING HOURS

ECON 1100, Principles of Microeconomics, or
ECON 1110, Principles of Macroeconomics 3

ENGL 1320, College Writing I6 3

LANG 2050, Foreign Language
(intermediate)3,16 3

PSCI 1050, American Government 3

Visual and Performing Arts7 3

Total 15

SOPHOMORE YEAR

SPRING HOURS

ECON 3560, Intermediate Macro-Theory 3

ENGL 2220, World Literature II 3

HIST 2620, United States History Since 186512 3

Laboratory Science9 4

Understanding of Ideas and Values8 3

Total 16

JUNIOR YEAR

SPRING HOURS

ECON 4510, History of Economic Thought 3

ECON Elective (advanced) 3

Elective (advanced)16 3

Laboratory Science9 4

Wellness11 3

Total 16

SENIOR YEAR

SPRING HOURS

ECON Elective (advanced) 3

Elective16 (advanced) 3

Elective16 (advanced) 3

Elective16 3

Elective16 4

Total 16

Actual degree plans may vary depending on availability of courses in a given semester.
Some courses may require prerequisites not listed.
See Arts and Sciences notes in supplement booklet for footnotes.

Summary of Degree Requirements:

Economics (24 advanced): 30

*Core: English 12

United States History 6

Political Science 6

Science 12

Mathematics/Management Science 6-9

Wellness 3

Visual and Performing Arts 3

Understanding of Ideas and Values 6

Foreign Language 6

Oral Communication: 3

Computer Science: 3

* The University Core Curriculum was being revised at the time this catalog went to press. Consult a degree program adviser or the university's Web site (www.unt.edu/catsched/).

Note:

30 hours of ECON must include 1100-1110, 3550, 3560, 4020 and 4510.

42 hours of the 128 hours must be advanced.
Course selections must be approved by an undergraduate adviser.

Supplemental Information for BA with a Major in Economics

Majors must complete at least 30 hours in economics, including ECON 1100-1110, 3550, 3560, 4020 and 4510. MSCI 3700 or MATH 1680 is also required.

Bachelor of Business Administration

BBA candidates must complete a minimum of 127 semester hours, 42 of which must be advanced, and meet "General University Requirements " and "University Core Curriculum Requirements " as stated in the Academics section of this catalog, and general course and curriculum requirements of the College of Business Administration. The professional field in economics is planned with the economics undergraduate adviser and includes ECON 3550, 3560 and 4020; 9 additional advanced economics hours; and 12 hours of approved supporting courses, including FINA 4500. Note: The University Core Curriculum was being revised at the time this catalog went to press. Consult a degree program adviser or the university's Web site (www.unt.edu/catsched/).

Minor in Economics

Requirements for an economics minor are ECON 1100-1110, plus 12 additional hours of upper-division courses (3000- or 4000-level).

Teacher Certification

Students who expect to teach economics in secondary schools must complete the requirements of the state of Texas for teacher certification as listed by the Department of Teacher Education and Administration in the College of Education section. It is suggested that students preparing for the ExCET complete ECON 1100, 1110, 3050 and 4850.

Graduate Degrees

The Master of Arts and Master of Science with a major in economics and the Master of Science with majors in economics research or labor and industrial relations are offered through this department. For information, consult the Graduate Catalog.

Scholarships

Scholarship applications are available in Wooten Hall, Room 325. The deadline for applying is the end of February. Scholarship winners are announced in the spring.

Sam Barton Labor and Industrial Relations Scholarship

This scholarship, named in honor of Professor Sam Barton, distinguished labor scholar and retired UNT economics faculty member, is awarded to an outstanding graduate student majoring in labor and industrial relations.

To be eligible, students must have a minimum GPA of 3.0 and a minimum GRE score of 1000 or minimum GMAT of 500. If the applicant is a continuing student, performance in labor and industrial relatiooð÷uäd economics classes will be part of the criteria for selection.

The number and amount of the awards depend upon the availability of funding.

Abe Melton Scholarship

The department annually awards this $200 scholarship based on merit to an economics major. The scholarship is named in honor of Professor Abe Melton, former UNT economics faculty member and former department chair.

To be eligible, a student must be an economics major of junior standing (60 credit hours) and have a minimum 3.5 grade point average.

Tom Preston Economics Scholarship

This scholarship is named in honor of Tom Preston, former dean, College of Arts and Sciences, and is awarded to outstanding undergraduate and graduate economics majors.

Students who have declared economics as their major are eligible, including entering freshmen and entering graduate students.

To be eligible, an undergraduate student must have a minimum GPA of 3.0 and a minimum SAT I of 1100 recentered (or a minimum ACT of 24). A graduate student must have a minimum GRE of 1000 or a minimum of 500 on the GMAT.

The amount and number of awards depend on the availability of funding.

Departmental Scholarships

Scholarships are awarded to outstanding undergraduate and graduate economics majors.

Students who have declared economics as their major are eligible, including entering freshmen and entering graduate students.

To be eligible, an undergraduate student must have a minimum GPA of 3.0 and a minimum SAT I of 1100 recentered (or a minimum ACT of 24). A graduate student must have a minimum GRE of 1000 or a minimum of 500 on the GMAT.

The amount and number of awards depend on the availability of funding.

Center for Economic Education

Steven L. Cobb, Director

The Center for Economic Education is committed to making formal instruction in economics more accessible to the broad community of North Central Texas.

The center maintains an in-service teacher training program of course offerings regularly scheduled during evening hours and in the summer. This program provides a mechanism for the in-service training of economics teachers in community colleges, and secondary and elementary schools.

In addition to these regional instructional programs, the center develops instructional material, conducts research in economics education, maintains an instructional resource center and provides technical assistance in matters pertaining to instruction in economics.

Graduate Degree

The center directs a professional program leading to the Master of Science degree with a major in economics and a support area in economic education. The degree program is designed in consultation with the director of the center and the graduate adviser. For information on graduate study, consult the Graduate Catalog.

Labor and Industrial Relations Institute

Stephen L. Cobb, Director

The Labor and Industrial Relations Institute coordinates and directs research programs that involve the study and analysis of problems related to the development, utilization and conservation of human resources. It also provides training and technical assistance to public and private organizations both on and off campus. Graduates of the program work as human resource directors, labor relations specialists and labor market analysts.

Graduate Degree

The institute offers a professional degree program leading to a Master of Science with a major in labor and industrial relations. For information on graduate study, consult the Graduate Catalog.

Center for International Economic Studies and Research

David J. Molina, Director

The Center for International Economic Studies and Research has three primary objectives.

The first is to promote research through the acquisition of external funding for projects focusing on the socioeconomic problems of Latin America, Africa and Asia.

The center also coordinates undergraduate and graduate programs within existing departments for students interested in problems of these regions.

Beyond the campus, the center develops relationships with other institutions, both public and private, for the exchange of scholars and students, as well as joint research and conferences.

Center for Environmental Economic Studies and Research

Michael Nieswiadomy, Director

The Center for Environmental Economic Studies and Research promotes the use of economic tools to analyze environmental issues. The center also coordinates undergraduate major programs within existing departments for students interested in environmental topics. The center cooperates with other universities, educational institutions and government agencies to promote research and seminars on environmental economics for the public.

Courses of Instruction

All Courses of Instruction are located in one section at the back of this catalog.

Course and Subject Guide

The "Course and Subject Guide," found in the Courses of Instruction section of this book, serves as a table of contents and provides quick access to subject areas and prefixes.

Top | Undergraduate Catalog College of Arts and Sciences Contents | UNT Undergraduate Catalog Shortcuts | Additional Undergraduate Literature | Graduate Catalog College of Arts and Sciences Contents