Department of Economics
Main Departmental Office
Wooten Hall, 325
P.O. Box 311457
Denton, TX 76203-1457
(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 Nieswiadomy. Associate Professors
Cobb, Koelln, McPherson, Molina, Tieslau.
Assistant Professors Jewell, Lopez, Rous, Strazicich.
Lecturers Battaglia, Ellis.
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:
- Bachelor of Arts with a major in economics;
- Bachelor of Science in Economics;
- Master of Arts,
- and Master of Science, both with a major in economics;
- Master of Science with a major in labor and industrial relations; and
- Master of Science with a major in economic research.
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.
Degree Requirements
1. Hours Required and General/College Requirements:
A minimum of 128 semester hours, of which 42 must be advanced, and fulfillment of degree requirements for the Bachelor of Science degree
as specified in the "General University Requirements
" in the Academics section of this catalog and the College of Arts and Sciences requirements.
2. Major Requirements: Majors must complete at least 30 hours in economics, including ECON
1100-1110, 3550, 3560, 4020 and 4870, plus 12 additional upper-division hours above the 3000 level.
3. Other Course Requirements:
a. Math Requirement: MATH 1710 and 1720.
b. Statistics Requirement: ECON 4630 (offered fall semester only), or MATH 4610 and 4650.
c. The College of Arts and Sciences degree requirement of 6 hours of a foreign language may be replaced
with 6 hours of mathematics in addition to MATH 1710 and 1720. The student can choose from MATH
1780, 2510, 2520, 2700, 2730, 3410 and 3420. MATH 4610 and 4650 may be taken to fulfill the statistics
requirement and will also count toward the additional 6 hours of mathematics.
4. Minor: Optional.
5. Electives: See four-year plan.
Degree Requirements
1. Hours Required and General/College Requirements:
A minimum of 128 semester hours, of which 42 must be advanced, and fulfillment of degree requirements for the Bachelor of Arts degree
as specified in the "General University Requirements
" in the Academics section of this catalog and the College of Arts and Sciences requirements.
2. Major Requirements: Majors must complete at least 30 hours in economics, including ECON
1100-1110, 3550, 3560, 4020 and 4510, plus 12 additional upper-division hours above the 3000 level.
ECON 4630 or appropriate statistics course approved by the department adviser is also required.
3. Other Course Requirements:
a. Math Requirement: MATH 1190 or 1400.
b. Statistics Requirement: ECON 4630 (offered fall semester only).
4. Minor: Optional.
5. Electives: See four-year plan.
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.
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
Teacher certification requirements were under review by the State Board for Educator Certification
at the time this catalog went to press. Contact your undergraduate adviser and the Department of
Teacher Education and Administration for current information.
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 on all college work. Graduate students
must meet current academic admissions standards for the GRE or GMAT. If the applicant is a continuing
student, performance in labor and industrial relations and 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 3.0 GPA on all college
work and must meet current admissions standards for the GRE or GMAT.
The amount and number of awards depend on the availability of funding.
Department of Economics 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 3.0 GPA on all college work and
must meet current admissions standards for the GRE or GMAT.
The amount and number of awards depend on the availability of funding.
Lewis M. Abernathy Scholarship
This scholarship, named in honor of Professor Lewis Abernathy, retired UNT economics faculty
member and distinguished department chairman, is awarded to full time undergraduate or graduate majors
in economics.
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 3.0 GPA on all college
work and must meet current economics admissions standards for the GRE or GMAT.
The amount and number of awards depend on the availability of funding.
Verizon Graduate Scholarship
This scholarship is awarded to incoming or returning graduate economics majors. To be
eligible, students must have a minimum grade point average of 3.5 on all college work. Graduate students must
meet the current economics admissions standards for the GRE or the GMAT. You may contact a graduate
adviser for details.
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 educators.
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.
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.
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, Asia, and Central and Eastern Europe.
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.
All Courses of Instruction are located in one section at the back of this catalog.
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.
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. Students are responsible for meeting all course
prerequisites. *See the University Core Curriculum section of this catalog for approved list of course options. **
See Arts and Sciences degree requirements section of this catalog for approved list of course
options
FRESHMAN YEAR
FALL HOURS
ECON 1110, Principles of Macroeconomics (may be used to satisfy Social and Behavioral
Sciences requirement*) 3
ENGL 1310, College Writing I* 3
MATH 1710, Calculus I** 4
Elective 3
Wellness* 3
Total 16
SOPHOMORE YEAR
FALL HOURS
ECON 3550, Intermediate Micro-Theory 3
ECON 4630, Research Methods for Economists 3
PSCI 1040, American Government* 3
Natural Sciences** 4
Elective 3
Total 16
JUNIOR YEAR
FALL HOURS
ECON 4020, Money and Financial Institutions 3
HIST 2610, United States History to 1865* 3
MATH elective 3
Elective (advanced) 3
Laboratory Science** 4
Total 16
SENIOR YEAR
FALL HOURS
ECON 4870, Introduction to Econometrics 3
ECON Elective (advanced) 3
ECON Elective (advanced) 3
Cross-cultural, Diversity and Global Studies* 3
Elective (advanced) 3
Elective (advanced) 3
Total 18
FRESHMAN YEAR
SPRING HOURS
ECON 1100, Principles of Microeconomics 3
ENGL 1320, College Writing II* 3
MATH 1720, Calculus II 3
Communication** 3
Visual and Performing Arts* 3
Total 15
SOPHOMORE YEAR
SPRING HOURS
ECON 3560, Intermediate Macro-Theory 3
PSCI 1050, American Government* 3
Humanities* 3
Elective 3
Natural Sciences** 4
Total 16
JUNIOR YEAR
SPRING HOURS
HIST 2620, United States History Since 1865* 3
ECON Elective (advanced) 3
MATH Elective 3
Literature** 3
Elective (advanced) 3
Total 15
SENIOR YEAR
SPRING HOURS
ECON Elective (advanced) 3
Elective (advanced) 3
Elective (advanced) 3
Elective (advanced ) 3
Elective 1
Elective 3
Total 16
Actual degree plans may vary depending on availability of courses in a given semester. Some courses
may require prerequisites not listed. Students may wish to use opportunities for electives to complete a
minor of their choice or secondary education courses for teacher certification.
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. Students are responsible for meeting all course
prerequisites. *See the University Core Curriculum section of this catalog for approved list of course options. ** See
Arts and Sciences degree requirements section of this catalog for approved list of course options.
FRESHMAN YEAR
FALL HOURS
ECON 1110, Principles of Macroeconomics (may be used to satisfy Social and Behavioral
Sciences requirement*) 3
ENGL 1310, College Writing I* 3
LANG 2040, Foreign Language (intermediate)** 3
MATH 1400, College Mathematics with Calculus or MATH 1190, Business Calculus** 3
Wellness* 3
Total 15
SOPHOMORE YEAR
FALL HOURS
ECON 3550, Intermediate Micro-Theory 3
ECON 4630, Research Methods for Economists 3
PSCI 1040, American Government* 3
Natural Sciences** 4
Elective 3
Total 16
JUNIOR YEAR
FALL HOURS
ECON 4020, Money and Financial Institutions 3
HIST 2610, United States to 1865* 3
Elective 3
Elective 3
Laboratory Science** 4
Total 16
SENIOR YEAR
FALL HOURS
ECON Elective (advanced) 3
ECON Elective (advanced) 3
Cross-cultural, Diversity, and Global Studies* 3
Elective (advanced) 3
Elective (advanced) 3
Elective 3
Total 18
FRESHMAN YEAR
SPRING HOURS
ECON 1100, Principles of Microeconomics 3
ENGL 1320, College Writing II* 3
LANG 2050, Foreign Language (intermediate)** 3
Communication** 3
Visual and Performing Arts* 3
Total 15
SOPHOMORE YEAR
SPRING HOURS
ECON 3560, Intermediate Macro-Theory 3
PSCI 1050, American Government* 3
Humanities* 3
Elective 3
Natural Sciences** 4
Total 16
JUNIOR YEAR
SPRING HOURS
ECON 4510, History of Economic Thought 3
HIST 2620, United States Since 1865* 3
Elective (advanced) 3
Elective (advanced) 3
Literature** 3
Total 15
SENIOR YEAR
SPRING HOURS
ECON Elective (advanced) 3
ECON Elective (advanced) 3
Elective (advanced) 3
Elective (advanced) 3
Elective (advanced) 3
Elective 2
Total 17
Actual degree plans may vary depending on availability of courses in a given semester. Some courses
may require prerequisites not listed. Students may wish to use opportunities for electives to complete a
minor of their choice or secondary education courses for teacher certification.