BS in Economics

Degree Program Description

Economics is a broad discipline that explores the factors that determine production, distribution, and consumption of resources.  An Economics degree provides a good foundation on how the economy and the world works and an understanding of the effects of policy issues.  The BS degree in Economics is a challenging degree program specifically designed for students who plan to attend graduate school in Economics, Finance, or related fields.  The curriculum includes more quantitative coursework than the BA degree, but still allows students to take electives that focus on various aspects of economics, such as labor, law, and education.  Graduates in Economics enter a diverse field of jobs in government, banking, insurance or other financial sectors, private sector businesses or even open their own businesses.  Often students pursuing a BS degree double major with Mathematics or Statistics and look at employment positions in actuarial science or more analytical fields.

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Major Program Requirements

In addition to the major core requirements, students must complete college and University graduation requirements including University general education requirements.

BS with a Major in Economics

The BS degree is for students who plan to attend graduate school in economics or finance.

Major Core Requirements for BS Economics

(must earn a grade of C or above; grades of C- or below will not be accepted)

General Principles
ECONOM 1014
ECONOM 1015
Principles of Microeconomics
and Principles of Macroeconomics
5-6
or ECONOM 1000 General Economics
or ECONOM 1051H General Economics - Honors
ECONOM 1000 is only acceptable for dual majors with Journalism. Students completing ECONOM 1000 are required to complete an additional 4000-level Economics elective.
ECONOM 4351Intermediate Microeconomics3
ECONOM 4353Intermediate Macroeconomics3
ECONOM 4370Quantitative Economics3
ECONOM 4371Introductory Econometrics3
ECONOM 4971Supplemental Senior Seminar in Economics (Capstone Course)1
Mathematics and Statistics (C- grades will be accepted)
MATH 1500Analytic Geometry and Calculus I5
MATH 1700Calculus II5
MATH 2300Calculus III3
MATH 4140Matrix Theory3
STAT 4750
STAT 4760
Introduction to Probability Theory
and Statistical Inference
6
or STAT 4710
STAT 4510
Introduction to Mathematical Statistics
and Applied Statistical Models I
MATH 3000Introduction to Advanced Mathematics3
or MATH 4100 Differential Equations
or STAT 4000+ (course approved by Dept. of Economics)

Foreign Language Alternative (for BS degree)

The student may elect to fulfill a special option area instead of taking a foreign language. This area consists of at least 12 credits numbered 2000 or above that are not from the parent department, are not normally required of all departmental majors and do not appear elsewhere in the area of concentration. The foreign language alternative is planned by the student with the Economics Academic Advisor and must be approved by the Director of Undergraduate Studies.

Electives

At least four (for the BA) or three (for the BS) of the following, with not more than one at the 3000 level, selected with the advisor and completed with a grade of C or above; grades of C- or below will not be accepted:

ECONOM 3224Introduction to International Economics3
ECONOM 3229Money, Banking and Financial Markets3
ECONOM 4311Labor Economics3
ECONOM 4315Public Economics3
ECONOM 4320History of Economic Thought3
ECONOM 4325The International Monetary System3
ECONOM 4326Economics of International Trade3
ECONOM 4329The Banking System and the Money Market3
ECONOM 4340Introduction to Game Theory3
ECONOM 4345Economics of Education3
ECONOM 4355Industrial Organization and Competitive Strategy3
ECONOM 4357Health Economics3
ECONOM 4360Economic Development3
ECONOM 4367Law and Economics3
ECONOM 4370Quantitative Economics (Elective for BA, Required for BS)3
ECONOM 4385Problems in Economics1-3
ECONOM 4775Dynamic Optimization and its Applications to the Natural Sciences and Economics1-3
ECONOM 4965Independent Study in Economics1-3

NOTE:
Any two of ECONOM 3224ECONOM 4325 and ECONOM 4326 may be taken for credit. But if all three are taken, ECONOM 3224 will not count towards an economics degree.

No more than 3 total credit hours of  ECONOM 4385 and ECONOM 4965 will count as elective credits toward an economics degree, unless approved by the Director of Undergraduate Studies.

ECONOM 3004 and ECONOM 4004 may be approved by the Director of Undergraduate Studies to count as elective credits toward an economics degree or minor.

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Semester Plan

Below is a sample plan of study, semester by semester.  A student's actual plan will vary based on course choices where options are available.

First Year
FallCreditsSpringCredits
ECONOM 10143ECONOM 10153
MATH 11605MATH 15005
American Government or History3ENGLSH 10003
Lab Science4Behavioral Science3
 Elective2
 15 16
Second Year
FallCreditsSpringCredits
ECONOM 43513ECONOM 43533
ECONOM 3000+ level elective3MATH 23003
MATH 17005Foreign Language II (or alternative)3-6
Foreign Language I (or alternative)3-6Behavioral or Social Science3
 Humanities3
 14-17 15-18
Third Year
FallCreditsSpringCredits
ECONOM WI elective3ECONOM 43713
MATH 41403STAT 4710 or 47503
Foreign Language III (or alternative)3Foreign Language Alternative IV or Elective3
Humanities3Humanities3
Elective3Elective 3
 15 15
Fourth Year
FallCreditsSpringCredits
ECONOM 43703ECONOM 49711
ECONOM 4000+ level elective3 ECONOM 4000+ level elective3
STAT 4510 or 47603Approved Math/Statistics Elective3
Elective 3Elective 3
Elective3Elective 3
 Elective2
 15 15
Total Credits: 120-126

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Degree Audit

The degree audit is an automated report reflecting a student’s academic progress toward the completion of a degree.  Degree Audits are not available for all programs; however, please consult with the appropriate college or school for audit information.

MU students can request a degree audit by logging in to myDegreePlanner.  Students may also access myDegreePlanner via myZou, in the Student Center, by clicking on the Request Degree Audit link. The audit automatically pulls in the student’s MU course work, transfer courses and courses in progress.  This is available to current students, admitted students, and those who last attended less than three terms ago.

Past MU students can request a degree audit by contacting the Academic Advising Unit of the division in which they were last enrolled at MU. For contact information, go to http://advising.missouri.edu/contact/.

Prospective students, can access a preliminary MU degree audit via http://www.transfer.org. Information on the college credits already earned will have to be manually entered before it can be evaluated against current degree requirements.

For additional details on degree audits, go to http://registrar.missouri.edu/degree-audits/index.php.

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Major and Career Exploration

The University of Missouri has many resources to assist you in exploring majors and career possibilities.  For guidance, visit the Majors and Careers website or view specific resources below.

  • If you would like to learn more about your career interests, abilities, values and talents, visit the MU Career Center in the lower level of the Student Success Center.  No appointment is necessary to explore career options with one of our staff members.

For additional major and career exploration resources, visit Major & Career Exploration in the catalog.

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