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            Effective Fall 2004 the business college will phase out this undergraduate 
            degree program. Only students currently enrolled in the College of 
            Business economics curriculum may complete the program. Others interested 
            in pursuing economics should consult with the College of Liberal Arts 
            and Sciences about their Bachelor 
            of Arts in Economics degree.  
             
            For the Degree of Bachelor of Science in Economics
            Economics has been defined as the study of how people use limited 
            resources to produce various goods and services for the unlimited 
            material wants of the population. So, the economist is concerned with 
            what is produced, how goods and services are distributed, the organization 
            of industries, labor supply and its use, international trade, production 
            and distribution of national income, government finance, and the use 
            and conservation of land and natural resources. 
             
            An economics major first establishes a core of knowledge in intermediate 
            economic theory and statistics. The student may then specialize in 
            one of several areas such as taxation and government finance, international 
            economics, economic history, labor economics, economic development, 
            quantitative economics, or public policy. The economics major can 
            alternatively take a general rather than specialized approach to economics. 
             
            An economics major is well prepared for further study in an M.B.A. 
            or law program or for graduate work in areas such as economics, planning 
            and administration, or policy studies. Career opportunities include 
            sales and management positions in business, industry, and government; 
            teaching and administrative positions in colleges and universities; 
            and research positions in private and public institutions. 
             
            Requirements for the degree include ECON 303 Intermediate Macroeconomic 
            Theory plus 12 additional hours in economics at the 200 to 400 level 
            (excluding ECON -398 Senior Research II and 399 Undergraduate Open 
            Seminar). Students with interest in further work in economics are 
            advised to fulfill the college mathematics requirement with MATH 220 
            and 230 or MATH 235, and to take additional training in courses such 
            as MATH 242 Calculus of Several Variables or 245 Accelerated Calculus 
            II and MATH 415 Linear Algebra.  
             
            Courses used to satisfy a major in economics may not be taken on a 
            credit-no credit basis. 
              
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