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(ECON)
Available as a major or a minor on the B.A. and B.S. degrees. The B.A. is provided
for the student who has a general interest in economics but who does not plan
to pursue a graduate degree or a career in Economics. Students who plan a graduate
program or a career in Economics should enroll in the B.S. curriculum.
Requirements for the B.A. degree with a major in Economics:
24 semester hours in Economics, 18 of which must be at the 30000 level or
above, plus a minimum of 6 semester hours in Associated Requirements. A grade
of "C" or better must be attained in any course which is to count as one of
the 24 hours in Economics or as one of the Associated Requirements. Specific
requirements are as follows:
I.Foundations (12 hours)
ECON 10223 Introductory Microeconomics
ECON 10233 Introductory Macroeconomics
ECON 30223 Intermediate Microeconomics
ECON 30233 Intermediate Macroeconomics
II.Breadth Requirements (6 hours - 3 hours must be chosen from subsection A)
A.Contextual Inquiry
ECON 30413 American Economic History
ECON 40233 History of Economic Thought
ECON 50483 Financial HistoryB.International Economics
ECON 30213 Development Theory
ECON 30433 Development Studies
ECON 50123 International Trade and Payments
ECON 50133 International Monetary Economics
ECON 50443 International Economic Studies
C.Public Policy Economics
ECON 30133 Labor Economics
ECON 30143 Public Finance
ECON 40153 Economics of Financial Markets
ECON 40463 Regional and Urban Economics
ECON 50423 Regulation of Economic Activity
III.Additional Electives in Economics (6 hours)
Associated Requirements: MATH 10283 or MATH 10524 and MATH 10043 or DESC
20153.
Minor: A minor is required. Any minor approved by AddRan College is acceptable.
No more than six hours from sections II and III should be completed until the
student has satisfactorily completed the Foundations (Group I) and the Associated
Requirements.
Requirements for the B.S. degree with a major in Economics:
33 semester hours in Economics, 27 of which must be at the 30000 level or
above, plus a minimum of 9 semester hours in Associated Requirements. A grade
of "C" or better must be attained in any course which is to count as one of
the 33 hours in Economics or as one of the Associated Requirements. Specific
requirements are as follows:
I.Foundations (15 hours)
ECON 10223 Introductory Microeconomics
ECON 10233 Introductory Macroeconomics
ECON 30223 Intermediate Microeconomics
ECON 30233 Intermediate Macroeconomics
ECON 30313 Research Methods in Economics
II.Breadth Requirements (9 hours - 3 from each subsection)
A.Contextual Inquiry
ECON 30413 American Economic History
ECON 40233 History of Economic Thought
ECON 50483 Financial History
B.International Economics
ECON 30213 Development Theory
ECON 30433 Development Studies
ECON 50123 International Trade and Payments
ECON 50133 International Monetary Economics
ECON 50443 International Economic Studies
C.Public Policy Economics
ECON 30133 Labor Economics
ECON 30143 Public Finance
ECON 40153 Economics of Financial Markets
ECON 40463 Regional and Urban Economics
ECON 50423 Regulation of Economic Activity
III.Additional Electives in Economics (6 hours)
IV.Capstone Experience (3 hours)
ECON 40013 Senior Seminar in Economics
ECON 40003 Senior Honors Research Paper
ECON 10223 Introductory Microeconomics
ECON 10233 Introductory Macroeconomics
ECON 30223 Intermediate Microeconomics
ECON 30233 Intermediate Macroeconomics
ECON 30313 Research Methods in Economics
II.International Economics (12 hours)
A.Core (6 hours)
ECON 50123 International Trade and Payments
ECON 50133 International Monetary Economics
B.Electives (6 hours)
ECON 30213 Development Theory
ECON 30433 Development Studies
ECON 50443 International Economic Studies
III.Additional Electives in Economics (3 hours)
IV. Capstone Experience (3 hours)
ECON 40013 Senior Seminar in EconomicsAssociated Requirements: (18 hours)
ECON 40003 Senior Honors Research Paper
MATH 10283 or 10524 (latter recommended)
DESC 20153 or MATH 10043 (latter recommended)
II. International and Comparative Politics (6 hours)
POSC 20303 International Politics
POSC 30303 Topics in International Politics
POSC 30503 Topics in Comparative Politics
III. Language, History, and Culture (6 hours)
Internationally-related courses from ANTH, GEOG, HIST, JOUR, RELI, FINA, MANA,
or MARK, or upper-division foreign language, selected with department approval
(current list of approved classes available; offerings by other departments
may be substituted with permission). Participation in TCU's Study Abroad program
may waive three hours of this requirement (with prior approval from the Economics
Department).
In addition, students planning to pursue graduate study in economics are advised
to take MATH 20524 and MATH 30224.
Minor: A minor is required. Any minor approved by AddRan College is acceptable.
No more than six hours from sections II and III should be completed until the
student has satisfactorily completed the Foundations (Section I) and the Associated
Requirements.
Requirements for a minor in Economics. 18 semester
hours in Economics to be distributed as follows:
ECON 10223 Introductory Microeconomics
ECON 10233 Introductory Macroeconomics
ECON 30223 Intermediate Microeconomics
or
ECON 30233 Intermediate Macroeconomics
Nine additional hours in Economics at the 30000 level or above.
Requirements for Economics as a teaching field. Students
seeking certification for teaching Economics at the secondary school level should
be advised by the departmental secondary certification advisor. Specific requirements
are as follows:
I.Foundations (12 hours)
ECON 10223 Introductory Microeconomics
ECON 10233 Introductory Macroeconomics
ECON 30223 Intermediate Microeconomics
ECON 30233 Intermediate Macroeconomics
II.Breadth Requirements (9 hours - 3 from each subsection):
A. Contextual Inquiry
ECON 30413 American Economic History
ECON 40233 History of Economic Thought
B. International Economics
ECON 50123 International Trade and Payments
ECON 50133 International Monetary Economics
C. Public Policy Economics
ECON 30133 Labor Economics
ECON 30143 Public Finance
ECON 40153 Economics of Financial Markets
III. Electives (3 Additional Advanced Hours in Economics)
Pass/No Credit Option. Courses in the major and minor may be taken on
the Pass/No Credit basis.
Honors Program. Economics majors who plan to pursue
Departmental Honors must be members of the Honors Program and should enroll
in ECON 30003 during their junior year and ECON 40003 during the fall semester
of their senior year.
Omicron Delta Epsilon. The Eta of Texas Chapter
of Omicron Delta Epsilon is sponsored by the Department of Economics. ODE is
the national honor society in Economics.
The following is a complete list of courses offered by this department. Go to
Class Search on the Registrar's Page to see which courses are being taught this
semester.
Courses of Instruction
10223 INTRODUCTORY MICROECONOMICS. Overview of economics, introduction
to microeconomic theory and policy; demand, supply, price determination in product
and factor markets, principle of comparative advantage, concept of economic
efficiency, perfect and imperfect competition.
10233 INTRODUCTORY MACROECONOMICS. Prerequisite: ECON 10223. Introduction
to macroeconomic theory and policy; measurement of economic aggregates, inflation,
unemployment, business cycles, fiscal and monetary policies, economic growth,
exchange rates, balance of payments, and financial capital flows.
10241 LABORATORY IN MICROECONOMICS. Prerequisite: Concurrent registration
in, or completion of, ECON 10223. Use of computer simulations, games, and
formal exercises to build on, and to reinforce, concepts and procedures covered
in ECON 10223.
10251 LABORATORY IN MACROECONOMICS. Prerequisite: Concurrent registration
in, or completion of, ECON 10233. Use of computer simulations, games, and
formal exercises to build on, and to reinforce, concepts and procedures covered
in ECON 10233.
10533 FRESHMAN SEMINAR IN ECONOMICS: ECONOMICS AND CONTEMPORARY ISSUES.
Discussion of economic topics of current interest for students with little or
no background in economics. Among the topics that might be covered are the economics
of higher education, crime, pollution, health, poverty, unemployment, and inflation.
(Cannot count toward major in Economics.)
30003 JUNIOR HONORS SEMINAR. Prerequisite: Advanced standing in Economics
and recommendation of the Chairman. Discussion of important books in the
literature of economics and of significant economic problems.
30133 LABOR ECONOMICS. Prerequisites: ECON 10223 and 10233.
Economic analysis of labor market issues, including minimum wage legislation,
compensating wage differentials, human capital investment, discrimination, and
collective bargaining.
30143 PUBLIC FINANCE. Prerequisites: ECON 10223 and 10233. Theory
of public choice; budgeting procedures; theory and methods of financing government
expenditures; fiscal policy.
30213 DEVELOPMENT THEORY. Prerequisites: ECON 10223 and 10233.
An analysis of the changes that must take place in a society in order for economic
development to proceed. Economic theories of development and growth.
30223 INTERMEDIATE MICROECONOMICS. Prerequisites: ECON 10223 and 10233,
MATH 10283 or MATH 10524. Details of allocation and distribution theory
of market economies. Explanations of product and factor market activities. Elements
of partial and general equilibrium theories.
30233 INTERMEDIATE MACROECONOMICS. Prerequisites: ECON 10223 and 10233.
Employment, monetary theory, aggregate demand and supply theory, economic performance
and tools of measurement.
30313 RESEARCH METHODS IN ECONOMICS. Prerequisites: ECON 10223 and
10233, DESC 20153 or MATH 10043. Applications of statistical techniques
in research. Includes methods of literature search, proposal writing, computer-based
statistical programs, preparation of research reports.
30413 AMERICAN ECONOMIC HISTORY. Prerequisites: ECON 10223 and 10233.
Developments in agriculture, industry, commerce, transportation, labor, and
finance in the United States.
30423 INTRODUCTION TO SECURITY ANALYSIS. Prerequisite: ECON 10223
and 10233; ACCT 20153 recommended. Survey of financial markets including
their historical evolution, their relation to the macroeconomy, economic influences
on prices of financial assets, government polices, and basic portfolio management.
30433 DEVELOPMENT STUDIES. Prerequisites: ECON 10223 and 10233. Survey
of development experience in a country or group of countries or analysis of
general development experiences such as external finance, foreign trade and
payments, development policy sets, or other experiences typical of developing
countries.
40003 SENIOR HONORS RESEARCH PAPER. Prerequisites: ECON 30003 with
recommendation of the Department. Each student will prepare a substantial
paper under the direction of a faculty member.
40013 SENIOR SEMINAR IN ECONOMICS. Prerequisites: Senior standing
and 21 semester hours in Economics, including successful completion of the Foundations
requirements. Capstone seminar exploring selected issues in economic theory
or policy.
40153 ECONOMICS OF FINANCIAL MARKETS. Prerequisites: ECON 10223 and
10233. Analysis of the structure and operations of financial markets and
analysis of the role of money and capital markets in the economy.
40233 HISTORY OF ECONOMIC THOUGHT. Prerequisites: ECON 10223 and 10233.
The study of economic ideas. May include the ideas of any major contributor
from Adam Smith to contemporary economists.
40463 REGIONAL AND URBAN ECONOMICS. Prerequisites: ECON 10223 and
10233. An introduction to, and overview of, regional and urban economic
theory. Examination of location factors and costs including transportation rate
structures, migration, firm location, structure of regions and urban areas,
and urban problems.
40970 EXPERIMENTAL COURSES. Prerequisites: Vary according to nature
of material. For use when instructor has new material or new teaching strategies
which are not appropriate to existing courses.
50113 INDUSTRIAL ORGANIZATION. Prerequisites: ECON 30223 or graduate
standing in economics or business. Theoretical and empirical examination
of the interrelationships between market structure, conduct and performance
in the industrial sector of the economy.
50123 INTERNATIONAL TRADE AND PAYMENTS. Prerequisites: ECON 10223
and 10233 or graduate standing in business. Surveys of international trade
relationships, balance of payments accounting, theories explaining the pattern
of trade and its relationship to economic welfare, policies affecting the pattern
of a country's trade with the rest of the world.
50133 INTERNATIONAL MONETARY ECONOMICS. Prerequisites: ECON 10223
and 10233 or graduate standing in business. Surveys of various theories
of exchange rate determination, along with evaluation of fixed, flexible and
mixed exchange rate regimes. In addition, long-term and short-term capital flows
are described and explained.
50343 ECONOMETRICS. Prerequisites: ECON 10223 and 10233 and either
MATH 10043 or DESC 20153, or graduate standing in business. Techniques of
simple and multiple regression. Methods for correcting problems of autocorrelation,
heteroskedasticity, and multicollinearity.
50353 MODELING AND SIMULATION. Prerequisites: DESC 20153 or Econometrics,
computer experience or permission of instructor. An analysis of systems
and modeling techniques. The application of such techniques to economic systems.
The study of regional economic models and their use in public policy design.
50413 INDUSTRY STUDIES. Prerequisites: ECON 30223 or graduate standing
in economics or business. Study of the market structure, conduct and performance
of American industries using a case study approach.
50423 REGULATION OF ECONOMIC ACTIVITY. Prerequisite: ECON 30223 or
graduate standing in business. Public policy relative to commercial and
industrial enterprise. Federal agency regulation. Emphasis on industrial and
market concentration, competition and monopoly, public utilities, consumer protection
and environmental pollution and control policies.
50443 INTERNATIONAL ECONOMIC STUDIES. Prerequisites: At least nine
(9) semester hours credit in economics or graduate standing in business. Detailed
analysis of current problems in international economic relationships. The list
of topics selected on the basis of their significance in policy design, policy
analysis, or contemporary economic well-being.
50453 MACROECONOMIC STUDIES. Prerequisites: ECON 30233 or graduate
standing in business. Analysis of current macroeconomic issues in theory
and policy. Topics may include economic growth, fluctuations in business activity,
investment behavior, consumption functions, macroeconomic planning, and the
policy formulation process.
50463 REGIONAL ECONOMIC DEVELOPMENT. Prerequisites: ECON 30223 or
graduate standing in business. Theoretical and empirical examination of
regional economic development. Topics may include regional economic resources,
development potential, factors affecting industrial location, planning and organization
of industrial development, spatial aspects of poverty and urban problems, and
methods of regional analysis.
50473 SEMINAR IN FINANCIAL ECONOMICS. Prerequisite: ECON 30423 or
graduate standing in economics or business. Analysis of significant contributions
to the literature on investment. Portfolio selection and management giving attention
to fundamentalist technical and cyclical approaches.
50483 FINANCIAL HISTORY. Prerequisites: ECON 10223 and ECON 10233
or graduate standing in economics or business. Examines important topics
in the development of American and Western European monetary and financial systems.
Historical perspectives on innovation, stabilization, and regulation within
the major themes of monetary regimes, banking systems, and capital markets.
50970 DIRECTED STUDIES IN ECONOMICS. Prerequisites: 12 hours in economics
and senior or graduate standing. Supervised reading, research, and preparation
of a substantial paper.
