2002-2003 Edition
Texas A&M University Undergraduate CatalogTexas A&M University Undergraduate Catalog
Catalog Contents
Academic Calendar
Board of Regents and System Administrative Officers
TAMU Administrative Officers
General Information
International Programs for Students
University Honors Program
Environmental Program
College of Agriculture and Life Sciences
College of Architecture
Lowry Mays College and Graduate School of Business
College of Education
Dwight Look College of Engineering
College of Geosciences
College of Liberal Arts
College of Science
College of Veterinary Medicine
General Academic Programs
School of Military Sciences
Texas A&M University at Galveston
Graduate Studies
Graduate Studies
Course Descriptions
Faculty
Appendices
Section ContentsPrevious PageNext Page
 
Curricula in
Economics

Economics involves the study of how people--as consumers, workers and managers--make decisions about money and resources and the results of these decisions at the local, national and international levels. Thus, economics is about such current issues as inflation, unemployment, monopoly, pollution, protectionism, poverty, the government deficit and tax reform.

The curriculum in economics gives students the opportunity to combine the breadth of a liberal arts education with sound preparation for careers in economics, business or law. Course work in economics carefully integrates theory with practical applications, examining the role of economic analysis in business and public policy decisions. Economics teaches students how to think concisely and systematically about problems--and how to solve them.

Both the Bachelor of Science and the Bachelor of Arts degrees are offered. Each curriculum combines economics with course work in mathematics, statistics and accounting to develop the student's analytical and quantitative skills. Students may select a minor or area of concentration in a second area of study. Students can choose to place additional emphasis on liberal arts such as a foreign language, history, journalism, political science or psychology. Alternatively, students can opt for a more business-oriented degree by electing an emphasis in such areas as accounting, business analysis, computer science or finance.

The Department of Economics participates actively in the University Honors Program. Honors sections of ECON 202, 203, 323, 410 and economics electives are scheduled regularly. For more details, please see the University Honors Program section in this catalog.

Teacher Certification

Students desiring certification to teach economics as either a first or second teaching field in secondary schools of Texas must meet special additional requirements. Required courses will include ECON 202, 203, 311, 323, 410. Nine hours of electives must be selected from ECON 312, 319, 320, 324, 330, 412, 415, 418, 420, 425, 426, 435, 440, 452, 453, 459, 465, 489 and ECMT 463. More complete information on the requirements for teacher certification may be found under the College of Education and Human Development section on "Secondary Certification."

Bachelor of Arts

Economics. 30 credits; no more than 30 credits in economics can be applied to this degree. A grade of C or higher is required for a course to be counted in the major field. NOTE: Credit for ECON 322 may not be applied toward an economics major.

Credit

 

3
  ECON 202 Principles of Economics
3
  ECON 203 Principles of Economics
3
  ECON 323 Microeconomic Theory
3
  ECON 410 Macroeconomic Theory
3
  E CON 319 Economic Development of U.S., or ECON 320 Economic Development of Europe, or ECON324 Comparative Economic Systems, or ECON 326 Economic Foundations of Marxism, or ECON 330 Economic Development, or ECON 415 History of Economic Thought
15
  Economics electives

Minor Field of Study (optional). 15 credits; all economics majors may select a minor field of study from departments or divisions within or outside of the College of Liberal Arts or in a particular area of interest (as in the case of interdisciplinary minors). The minor will consist of a minimum of 15 hours of course work, 9 hours of which must be in advanced (300- or 400-level) courses, and no more than 6 hours from the minor may be used to fulfill other requirements. A grade of C or higher is required if a course is to be counted toward the minor. A minor must be declared before the student has completed 75 credit hours. Interdisciplinary minors such as women's studies, classical studies, religious studies, and business have specific requirements; students should consult the Undergraduate Student Services Office in the College of Liberal Arts for details. A second major may substitute for the minor.

Departmental Requirement: 3 credits.

Credit

 
3
  ACCT 209 Survey of Accounting Principles or ACCT 229 Introductory Accounting

College and University Requirements. Other courses may qualify for the following categories. Students should consult the approved list of courses available in the Undergraduate Student Services Office in the College of Liberal Arts. The following lists incorporate University Core Curriculum requirements. No course can be counted in more than one category.

Credit

 

6
  Communication: ENGL 104 Composition and Rhetoric and one course chosen from: ENGL 203, 210, 235, 236, 241 or 301; COMM 203 or 243.
6
  Literature in English: To be selected from ENGL 203 (unless 203 is used to satisfy the communication requirement), 212, 221, 222, 227, 228, 231, 232 or courses for which one of these listed courses is a prerequisite.
14
  Foreign Language: Four-course sequence in French, German, Greek, Italian, Japanese, Latin, Russian or Spanish unless permission is received from the department head to substitute work in another language. This will not satisfy the college humanities and visual and performing arts requirement.
3
  MATH 150 Functions, Trigonometry and Linear Systems (4 hrs.) or MATH 141 Business MathematicsI (3 hrs.)
3
  MATH 131 Mathematical Concepts--Calculus (3 hrs.) or MATH 151 Engineering Mathematics I (4 hrs.) or MATH 142 Business Mathematics II (3 hrs.) Any one of these courses satisfies 3 hours of the College of Liberal Arts and the University Core Curriculum requirement for mathematics.
3
  PHIL 240 Introduction to Logic. This course satisfies 3 hours of the College of Liberal Arts and the University Core Curriculum requirement for mathematics.
3
  STAT 303 Statistical Methods or STAT 211 Principles of Statistics I. Note: The prerequisite for STAT 211 is MATH 152 or 172.
6
  U.S. History: One course in U.S. history and one course in either U.S. history or Texas history.
6
  Political Science: POLS 206 and POLS 207.
6
  Social and Behavioral Sciences: Courses should be selected from the approved list of courses in the University Core Curriculum section of the catalog.
9
  Humanities and Visual and Performing Arts: Courses should be selected from the approved list of courses in the University Core Curriculum section of the catalog.
8
  Natural Sciences: Two or more courses, a minimum of one course shall include a corresponding laboratory. Courses should be selected from the approved list of courses in the University Core Curriculum section of the catalog.
(3)
  International and Cultural Diversity: To be selected from approved list. This course may also be used to satisfy any other requirement.
*2
  Kinesiology: KINE 198 Health and Fitness Activity and KINE 199 Required Physical Activity.
5 or 20
  Free Electives: The student may select any courses other than economics courses as free electives. No more than nine credits of any combination of military, air or naval science and physical activity will be allowed to count as electives. If a computer science course is needed to satisfy the University Core Curriculum requirement, it may be counted as an elective. Any math credits greater than 6 will be counted as free electives. The number of elective hours varies depending on whether or not the student chooses to complete a minor field of study. (Economics courses may not be used as elective hours.)
128   Total hours

 

Bachelor of Science

Economics. 33 credits; no more than 33 credits in economics can be applied to this degree. A grade of C or higher is required for a course to be counted in the major field. NOTE: Credit for ECON 322 may not be applied toward an economics major.

Credit

 

3

 

ECON 202 Principles of Economics

3
  ECON 203 Principles of Economics
3
  ECON 323 Microeconomic Theory
3
  ECON 410 Macroeconomic Theory
3
  ECON 319 Economic Development of U.S., or ECON 320 Economic Development of Europe, or ECON 324 Comparative Economic Systems, or ECON 330 Economic Development, or ECON 415 History of Economic Thought
3
  ECMT 463 Introduction to Econometrics. This course satisfies 3 hours of the College of Liberal Arts and the University Core Curriculum requirement for mathematics.
15
  Economics electives

Minor Field of Study (optional). 18 credits; all economics majors may select a minor field of study from departments or divisions within or outside of the College of Liberal Arts or in a particular area of interest (as in the case of interdisciplinary minors). The minor will consist of a minimum of 18 hours of course work, 9 hours of which must be in advanced (300- or 400-level) courses, and no more than 6 hours from the minor may be used to fulfill other requirements. A grade of C or higher is required for a course to be counted in the minor field. A minor field must be declared before the student has completed 75 credit hours. Interdisciplinary minors such as women's studies, classical studies, religious studies and business have specific requirements; students should consult the Undergraduate Student Services Office in the College of Liberal Arts for details. A second major may substitute for the minor.

Departmental Requirements: 6 credits.

Credit

 

3

 

ACCT 209 Survey of Accounting Principles or ACCT 229 Introductory Accounting

3
  ACCT 210 Survey of Managerial and Cost Accounting Principles or ACCT 230 Introductory Accounting

College and University Requirements. Other courses may qualify for the following categories. Students should consult the approved list of courses available in the Undergraduate Student Services Office in the College of Liberal Arts. The following lists incorporate University Core Curriculum requirements. No course can be counted in more than one category.

Credit

 

6

 

Communication: ENGL 104 Composition and Rhetoric and one course chosen from ENGL 203, 210, 235, 236, 241 or 301; COMM 203 or 243.

6
  Literature in English: To be selected from ENGL 203 (unless 203 is used to satisfy the communication requirement), 212, 221, 222, 227, 228, 231, 232 or courses for which one of these listed courses is a prerequisite.
3
  CPSC 203 Introduction to Computing or INFO 209 Business Information Systems Concepts.
3
  MATH 150 Functions, Trigonometry and Linear Systems (4 hrs.) or MATH 141 Business MathematicsI (3 hrs.).
3
  MATH 131 Mathematical Concepts--Calculus (3 hrs.) or MATH 151 Engineering Mathematics I (4 hrs.) or MATH 142 Business Mathematics II (3 hrs.) Any one of these courses satisfies 3 hours of the College of Liberal Arts and the University Core Curriculum requirement for mathematics.
3
  PHIL 240 Introduction to Logic. This course satisfies 3 hours of the College of Liberal Arts and the University Core Curriculum requirement for mathematics.
3
  STAT 303 Statistical Methods or STAT 211 Principles of Statistics I. Note: The prerequisite for STAT 211 is MATH 152 or 172.
6
  U. S. History: One course in U.S. history and one course in either U.S. history or Texas history.
6
  Political Science: POLS 206 and POLS 207.
6
  Social and Behavioral Sciences: Courses should be selected from the approved list of courses that is available from the Undergraduate Student Services Office in the College of Liberal Arts.
9
  Humanities and Visual and Performing Arts: Courses should be selected from the approved list of courses that is available from the Undergraduate Student Services Office in the College of Liberal Arts.
8
  Natural Sciences: Two or more courses, a minimum of one course shall include a corresponding laboratory. Courses should be selected from the approved list of courses available from the Undergraduate Student Services Office in the College of Liberal Arts.
(3)
  International and Cultural Diversity: To be selected from approved list. This course may also be used to satisfy any other requirement.
*2
  Kinesiology: KINE 198 Health and Fitness Activity and KINE 199 Required Physical Activity.
7 or 25
  Free Electives: The student may select any courses (not counting ENGL 103), other than economics courses as free electives. No more than 9 credits of any combination of military, air or naval science and physical activity will be allowed to count as electives. If language courses are needed to satisfy the University Core Curriculum requirement, they may be counted as electives. Any math credits greater than 6 will be counted as free electives. The number of elective hours varies depending on whether the student chooses to complete a minor field of study. (Economics courses may not be used as elective hours.)
128
  Total hours