Economics

The Bachelor of Science degree in economics stresses the use of economics as a means of understanding current economic activities and problems and their relationship to our social environment. Economics is the study of critical decision-making behavior. It is a mode of thinking and reasoning with widespread application. The skills that employers value most highly are the ability to think critically and carefully, the ability to learn new skills and the ability to solve problems. Some vocations may require very specific skills (for example, knowledge of a particular computer software package). However, skill requirements change over time. The need for people who can think, learn and solve problems is timeless. Economics hones these time-honored abilities.

The objective of the program is to provide the student with a liberal university education with particular emphasis on economics. In keeping with this objective, requirements are specified largely in terms of broad subject areas rather than designation of particular courses. The student, with the help of the advisor, is given the opportunity to develop a program to meet his or her own particular needs and interests. With this freedom, however, comes the responsibility of building an overall program that is both cohesive and academically sound. The program focuses on teaching students to think, to use logic and reason, and to organize their thoughts in order to solve problems rather than simply memorize and recite the subject matter. The courses also focus on instilling in students a desire to learn, so that they will leave our courses prepared and eager for lifelong learning.

Freshman YearCredits
FallSpring
ECNS 101IS - Economic Way of Thinking13  
University Core and General Electives12  
ECNS 202 - Principles of Macroeconomics1  3
University Core and General Electives  12
Year Total: 15 15
Sophomore YearCredits
FallSpring
ECNS 204IS - Microeconomics13  
STAT 216Q - Introduction to Statistics3  
University Core and General Electives 9  
M 161Q - Survey of Calculus
or M 171Q - Calculus I
  4
BMGT 205 - Prof Business Communication
or WRIT 221 - Intermediate Tech Writing
  3
University Core and General Electives  8
Year Total: 15 15
Junior YearCredits
FallSpring
ECNS 301 - Intermediate Micro with Calc3  
STAT 337 - Intermediate Statistics with Introduction to Statistical Computing3  
Upper Division Directed Major Electives23  
Supporting Area Directed Electives33  
University Core and General Electives3  
ECNS 303 - Intermediate Macro with Calc  3
University Core and General Electives  6
Upper Division Directed Major Electives2  3
Supporting Area Directed Electives3  3
Year Total: 15 15
Senior YearCredits
FallSpring
ECNS 432R - Economic Policy Evaluation
or ECNS 403R - Introduction to Econometrics
3  
Upper Division Directed Major Electives23  
University Core and General Electives9  
Upper Division Directed Major Electives2  3
Directed Major 400-level Elective.4  3
University Core and General Electives  9
Year Total: 15 15
Total Program Credits: 120
1

ECNS 251IS (4 credits) may be substituted for the three-course sequence ECNS 101IS, ECNS 202, and ECNS 204IS. However, students must still complete at least 33 credits of AGBE/ECNS/EFIN courses to fulfill the major requirement. 

Upper Division Directed Major Electives 2
AGBE 315Ag in a Global Context3
AGBE 321Economics of Agricultural Marketing3
AGBE 341Farm and Ranch Management3
AGBE 345Agriculture Finance and Credit Analysis3
AGBE 353Co-operative Business Principles and Practice3
AGBE 421Advanced Agricultural Marketing3
AGBE 445Agribusiness Management3
AGBE 451RSEconomics of Ag Policy3
ECNS 309Managerial Economics3
ECNS 310Health Economics3
ECNS 312Labor Economics3
ECNS 313Money and Banking3
ECNS 314International Economics3
ECNS 315Urban Economics and Community Development3
ECNS 316Economics of Crime and Risky Behaviors3
ECNS 317Economic Development3
ECNS 320Public Finance3
ECNS 332Econ of Natural Resources3
ECNS 335Energy Economics3
ECNS 345Econ Org, Finance & Credit3
ECNS 372Economic History of US3
ECNS 403RIntroduction to Econometrics3
ECNS 432REconomic Policy Evaluation3
ECNS 433Economics of the Environment3
ECNS 451Behavioral & Experimental Economics3
ECNS 460Advanced Data Analytics in Economics3
ECNS 461Financial Econometrics3
EFIN 301Engineering & Economic Financial Management I3
EFIN 401Engineering & Economic Financial Management II3
EFIN 499RFinancial Engineering Design Capstone3
Supporting Area Directed Electives 3
ACTG 201Principles of Financial Accounting3
AGBE 337Agricultural Law3
BMIS 211Data Analytics I3
BGEN 361Principles of Business Law3
CSCI 107Joy and Beauty of Computing3
CSCI 112Programming with C I3
CSCI 127Joy and Beauty of Data4
CSCI 132Basic Data Structures and Algorithms4
M 172Calculus II4
M 182Honors Calculus II4
M 221Introduction to Linear Algebra3
M 242Methods of Proof3
M 273Multivariable Calculus4
M 274Introduction to Differential Equation4
STAT 332Statistics for Scientists and Engineers3
STAT 408Statistical Computing and Graphical Analysis3
STAT 411Methods for Data Analysis I3
STAT 412Methods for Data Analysis II3
STAT 431Nonparametric Statistics3
STAT 436Introduction to Time Series Analysis3
STAT 437Introduction to Applied Multivariate Analysis3
STAT 446Sampling3
STAT 448Mixed Effects Models3
400-Level Directed Major Electives 4
AGBE 421Advanced Agricultural Marketing3
AGBE 445Agribusiness Management3
AGBE 451RSEconomics of Ag Policy3
ECNS 403RIntroduction to Econometrics3
ECNS 432REconomic Policy Evaluation3
ECNS 451Behavioral & Experimental Economics3
ECNS 460Advanced Data Analytics in Economics3
ECNS 461Financial Econometrics3
EFIN 401Engineering & Economic Financial Management II3
EFIN 499RFinancial Engineering Design Capstone3

Agricultural Business and Financial Engineering students seeking a second major in Economics must complete 5 upper division directed elective courses beyond the requirements for their primary major.

Graduation Requirements

Economics students must receive a grade of C or better in ECNS 101IS, ECNS 202, ECNS 204IS, ECNS 301, ECNS 303, and M 161Q or M 171Q (or their equivalents) to meet departmental graduation requirements. All other courses counting toward departmental requirements must be graded C- or better. Thirty-three (33) economics credits are needed to graduate. A minimum of 120 credits is required for graduation; 42 credits must be in courses numbered 300 and above.