Department of Economics

Advising Offices
Undergraduate, Wooten Hall, 335 and 342
Graduate, Wooten Hall, 348

Web site: www.econ.edu

Steven L. Cobb, Chair

Faculty

Professor Abernathy, Nieswiadomy. Associate Professors Cobb, Koelln, Molina. Assistant Professors Jewell, 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 Requirements" 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.

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.

BS in Economics (.pdf)

BS in Economics (HTML)

Bachelor of Arts with a Major in Economics

A minimum of 128 semester hours is required, 42 of which must be advanced, and fulfillment of degree requirements for the Bachelor of Arts degree as specified in the College of Arts and Sciences section of this catalog.

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.

BA with a Major in Economics (.pdf)

BA with a Major in Economics (HTML)

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

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

Melton-Cochran Scholars

The department annually awards this $200 scholarship based on merit to an economics major. The recipients are known as Melton-Cochran Scholars in honor of two professors with long meritorious service to the economics department.

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. The student with the highest overall GPA receives the scholarship. The award is announced on Honors Day. For additional information, contact the undergraduate adviser in Wooten Hall, Room 335.

Tom Preston Economics Scholarship

This scholarship is awarded to outstanding undergraduate and graduate economics majors. The faculty of the Department of Economics select the scholarship recipients from a list of nominees compiled by the undergraduate adviser and the teaching assistants/teaching fellows coordinator of the Department of Economics.

Any student who has declared economics as their major is eligible, including entering freshmen and entering graduate students.

The criteria for selection are based on the student's grade point average (GPA) both at the University of North Texas (unless entering UNT for the first time) and elsewhere, SAT I, or ACT or GRE scores, and performance in economics classes, both at the University of North Texas (unless entering UNT for the first time) and elsewhere.

To be eligible, the student must have a minimum GPA of 3.0, a minimum SAT I of 1100 recentered (or a minimum ACT of 24) for undergraduates or a minimum GRE of 900 for graduates.

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

Departmental Scholarships

Scholarships are awarded to outstanding undergraduate and graduate economics majors. The Department of Economics faculty selects the scholarship recipients from a list of nominees compiled by the department's undergraduate adviser and the TA/TF (teaching assistants/teaching fellows) coordinator.

Any student who has declared economics as their major is eligible, including entering freshmen and entering graduate students.

The criteria for selection are based on the student's grade point average (GPA) both at the University of North Texas (unless entering UNT for the first time) and elsewhere; SAT I, ACT or GRE scores; and performance in economics classes, both at UNT (unless entering UNT for the first time) and elsewhere.

To be eligible, the student must have a minimum GPA of 3.0, a minimum SAT I of 1100 recentered (or a minimum ACT of 24) for undergraduates or a minimum GRE of 900 for graduates.

The amount and number of awards depend on the availability of funding. For further information, contact the undergraduate adviser in Wooten Hall, Room 335.

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

Lewis M. Abernathy, 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 Inter-American Studies and Research

David J. Molina, Director

The Center for Inter-American 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 North, Central and South America.

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

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

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