Department of Economics

Chair: Professor Davis; Professors: Amato, Connaughton, Madsen, Neel, Schwarz, Zuber; Professor Emeritus: Wubben; Associate Professors: Gandar, Liner, Russo, Tseng, Tucker; Associate Professor Emeritus: Rogers; Assistant Professors: Dole, Lin, McGregor, Miller, Tori

The study of economics offers students a problem-solving discipline to foster their intellectual and career development. It provides students a balanced and broad educational background and prepares them to choose from a wide range of career alternatives.

The Economics program explores the economic decisions of individuals, businesses, governments and other institutions. It examines the nature of economic activity, why it takes place and how it affects everyone's lives. The program includes elective courses which enable students to tailor their educational program to meet personal needs and interests. The study of economics also helps students develop a way of thinking that is logical and rigorous. It provides decision-making tools that they can apply to personal as well as business decisions and use to address the many economic decisions they will face in the future.

The Economics Department offers two programs leading to the Bachelor of Arts degree. Students who plan to pursue careers in business- related fields such as banking, finance and international commerce, or who plan to enter an MBA program, are encouraged to elect the business administration emphasis program. Students planning to pursue a career in education, enter graduate school in economics, or attend law school are encouraged to pursue the program with social science emphasis.

Students transferring from outside the University or from other majors into the Department of Economics must have a 2.0 overall GPA and a 2.0 GPA in eight (8) specified courses: ENGL 1101 and 1102; MATH 1100 and 1120; STAT 1220; INFO 2130; and ECON 2101 and 2102.

All majors in economics must complete MGMT 3160 (Business Communications)prior to registering for any 4000 level economics course. Students transferring into the economics program as a senior must complete MGMT 3160 their first semester in the program.

A student majoring in Economics must indicate active progress toward the completion of the requirements for the major in Economics. Failure to do so will result in the student being dropped as an Economics major. A student must be accepted into another major or "undecided" category to continue enrollment at the University.

In computing the grade point average in the major all required courses are included. Not more than one grade of D will count toward the specified hours for a major in economics. No economics course can be repeated more than once to improve the grade in the course. The second and any subsequent grade(s) in a repeated course(s) will be included in all GPA calculations.

It is recommended that students who plan graduate work in economics complete MATH 1141, ECON 4112 and ECON 4117. Also, they should consider additional work in mathematics but should consult with their advisers concerning specific courses.

BACHELOR OF ARTS

Business Administration Emphasis. A major in economics, with business administration electives, leading to the B.A. degree consists of 63 hours specified as follows: 

I.    Mathematics: Basic Concepts of Mathematics 
       (MATH 1100) (GOAL II: P)......................................3
      Calculus (MATH 1120) (GOAL II: P)..............................3
      Elements of Statistics (STAT 1220).............................3
      Business Computing (INFO 2130).................................3

II.   Economics:
      Principles of Economics 
       (ECON 2101 and 2102) (GOAL VI: C).............................6
      Economics of the Firm (ECON 3125)..............................3
      Econometrics (ECON 3112).......................................3
      Industrial Organization and Public Policy
       (ECON 4180)...................................................3
      Microeconomic Analysis (ECON 3122).............................3
      Macroeconomic Analysis (ECON 3123).............................3

III.  Business Administration and Accounting:
      Principles of Accounting (ACCT 2121
       and 2122).....................................................6
      Financial Management (FINN 3120)...............................3
      Business Communications (MGMT 3160)............................3

      Two of the following...........................................6
      Marketing Management (MKTG 3110)
      Business Law I (BLAW 3150)
      Operations Management (OPER 3100)
      Management Concepts and Practices (MGMT 3140)

IV.   Economics Electives:..........................................12
      To be selected by the student from the 3000- and 4000-level 
      offerings of the Department of Economics
Social Science Emphasis. A major in economics, with social science electives, leading to the B.A. degree consists of 66 hours specified as follows: 

I.    Mathematics:
      Basic Concepts of Mathematics 
       (MATH 1100) (GOAL II: P)......................................3
      Calculus (MATH 1120) (GOAL II: P)..............................3
      Elements of Statistics (STAT 1220).............................3
      Business Computing (INFO 2130).................................3

II.   Economics:
      Principles of Economics (ECON 2101 
       and 2102) (GOAL VI: C)........................................6
      Business Communications (MGMT 3160)............................3
      Microeconomic Analysis (ECON 3122).............................3
      Macroeconomic Analysis (ECON 3123).............................3
      Econometrics (ECON 3112).......................................3
      Mathematical Economics (ECON 4100) or
       Econometrics II (ECON 4112)...................................3
      History of Economic Thought (ECON 4177) 
       (GOAL I: W)...................................................3

III.  Social Science Electives:.....................................15
      Coursework to be selected from at least three of the following 
      disciplines: anthropology, criminal justice, geography, history, 
      political science, psychology, sociology, and social work.

IV.   Economics Electives:..........................................15
      To be selected by the student from the 3000- and 4000-level 
      offerings of the Department of Economics.
Coursework satisfying general University requirements will not count toward the 15-hour Social Science requirement.

Cooperative Education Program. Economics majors may obtain practical work experience related to their major by participating in the cooperative education program. To be eligible for cooperative education, students must be juniors who have an overall GPA of at least 2.5 and have completed the 8 progression courses required by the Department of Economics. Transfer students must complete at least 12 hours at UNC Charlotte to be eligible for cooperative education. Completion of courses related to the co-op position may be required prior to the co-op work experience. These courses will be established by the Co-op Adviser. Students must complete either two full-time alternating semesters of work or three consecutive part-time work semesters while taking a reduced academic load of no more than 9 credit hours.

ECONOMICS MINOR

A minor in economics requires: 18 semester hours of economics to include ECON 2101, 2102 and either 3125 or 3122, and at least nine additional hours at the 3000 or 4000 level. A GPA of at least 2.0 is required in the 18 hours.

In computing the grade point average in the minor all required courses are included. Not more than one grade of D will count toward the specified hours for a minor in economics. No economics course can be repeated more than once to improve the grade. The second and any subsequent grade(s) in a repeated course(s) will be included in all GPA calculations.

SUGGESTED SCHEDULE: BUSINESS ADMINISTRATION EMPHASIS

Freshman Year 
ENGL 1101............................................................3
MATH 1100............................................................3
GOAL IV..............................................................4
GOAL V: (A)..........................................................3
Elective.............................................................2

ENGL 1102............................................................3
MATH 1120............................................................3
GOAL IV..............................................................4
Electives............................................................5
Sophomore Year 

ECON 2101 (GOAL VI: (C)).............................................3
INFO 2130............................................................3
ACCT 2121............................................................3
GOAL III.............................................................3
GOAL VI: (X).........................................................3

ECON 2102............................................................3
ACCT 2122............................................................3
STAT 1220............................................................3
GOAL I: (W)..........................................................3
GOAL V: (L)..........................................................3
Junior Year 
ECON 3112............................................................3
ECON 3122............................................................3
Economics Elective...................................................3
GOAL I: (W)..........................................................3
MGMT 3160 (W)........................................................3
Elective.............................................................3

ECON 3125............................................................3
ECON 3123............................................................3
Economics Elective...................................................3
MKTG 3110, BLAW 3150, OPER 3100 
  or MGMT 3140.......................................................3
Elective.............................................................3
Senior Year 
ECON 4180............................................................3
FINN 3120............................................................3
Economics Elective...................................................3
Electives............................................................6

Economics Elective...................................................3
MKTG 3110, BLAW 3150,
 OPER 3100, or MGMT 3140.............................................3
Electives............................................................9
SUGGESTED SCHEDULE: SOCIAL SCIENCE EMPHASIS
Freshman Year 
ENGL 1101............................................................3
MATH 1100............................................................3
GOAL IV..............................................................4
GOAL V: (A)..........................................................3
Elective.............................................................2

ENGL 1102............................................................3
MATH 1120............................................................3
GOAL IV..............................................................4
Elective.............................................................5
Sophomore Year 
ECON 2101 (GOAL VI: (C)).............................................3
INFO 2130............................................................3
Social Science Elective..............................................3
GOAL III.............................................................3
GOAL VI: (X).........................................................3

ECON 2102............................................................3
Social Science Elective..............................................3
STAT 1220............................................................3
GOAL I: (W)..........................................................3
GOAL V: (L)..........................................................3
Junior Year 
ECON 3112............................................................3
ECON 3122............................................................3
Social Science Elective..............................................3
MGMT 3160 (W)........................................................3
Elective.............................................................3

ECON 3123............................................................3
ECON 4100 or ECON 4112...............................................3
Economics Elective...................................................3
Social Science Elective..............................................3
Electives............................................................6
Senior Year 
Social Science Elective..............................................3
Economics Electives..................................................6
Electives............................................................6

ECON 4177............................................................3
Economics Electives..................................................6
Electives............................................................6
[Belk College of Business Administration]