2019-2020 Catalog

Bachelor of Economics

The major in Economics provides a critical examination of how the economic system works in the United States and throughout the world. The introductory courses are surveys of economic problems, policies, and theory; the required courses in micro theory and macro theory give a deeper analytical foundation. Electives permit further study in a wide range of fields, including international trade and finance, public sector economics, economic development, economic history, capital theory and finance, labor economics, income distribution, political economy, financial markets, and public policy analysis. The major in Economics provides a general background that is useful to those planning careers in law, government service, or business, as well as those planning careers as professional economists. Professional economists work as college professors, as researchers for government agencies, in businesses and consulting firms, and as administrators and managers in a wide range of fields.

Required 120 credits (36 of which must be numbered 300 or above, and 30 of which must be from UND) including:

I. Essential Studies Requirements (see University ES listing: 39 credit hours)

II. Required Major Courses (24 credit hours):

ECON 201Principles of Microeconomics *3
ECON 202Principles of Macroeconomics *3
ECON 210Introduction to Business and Economic Statistics **3
ECON 303Money and Banking3
ECON 308Intermediate Microeconomic Theory3
ECON 309Intermediate Macroeconomic Theory and Policy3
ECON 338International Economics3
ECON 410Empirical Methods in Economics I3
Total Credits24

III. Elective Major Courses: Choose from either Option A, Option B, or a 12 credit hour combination from Options A and B below.

Option A - Choose at least 12 credit hours from the following:

ECON 305Principles of Banking I3
ECON 324Public Finance3
ECON 330Business and Economic History3
ECON 341Labor Economics and Labor Relations3
ECON 355Government Regulation of Business3
ECON 380Global Economic Development3
ECON 395Special Topics in Economics1-3
ECON 397Cooperative Education *1-4
ECON 400History of Economic Thought3
ECON 405Bank Regulation3
ECON 409Current Issues in Macroeconomic Policy3
ECON 411Economic Forecasting3
ECON 414Managerial Economics3
ECON 416Mathematics for Economists3
ECON 438International Money and Finance3
ECON 489Senior Honors Thesis1-8
ECON 495Readings in Economics *1-3
ECON 496Research in Economics *1-3
ECON 497Internship *1-4
ECON 575Advanced Special Topics3

Option B (Quantitative Option)* - Choose 12 credit hours from the following:

ECON 411Economic Forecasting3
ECON 416Mathematics for Economists3
MATH 165Calculus I4
MATH 166Calculus II4
MATH 265Calculus III4
MATH 266Elementary Differential Equations3

Office of the Registrar

Tel: 701.777.2711
Fax: 701.777.2696

Twamley Hall Room 201
264 Centennial Drive Stop 8382
Grand Forks, ND 58202-8382