Undergraduate Catalog 2020-2021 Steven J Green School of International and Public Affairs 559 Economics or MAC 2233 Calculus for Business Cem Karayalcin, Professor and Chairperson STA 2122 Statistics for Behavioral and Social Mahadev G. Bhat, Professor (joint appointment with Sciences I Earth and Environment) or STA 2023 Statistics for Business and Economics Prasad V. Bidarkota, Associate Professor John H. Boyd III, Associate Professor Students are admitted directly to their chosen major at the Jesse L. Bull, Associate Professor University. Students are expected to make good progress Joel D. Carton, Senior Lecturer based on critical indicators that include course completion Alvin Chiang, Instructor and GPA requirements. In cases where students are not Irma de Alonso, Professor Emerita making successful progress, a change of major may be Ji Gu, Instructor required. Academic advisors work with students to identify Sheng Guo, Instructor an appropriate major where a student will be successful in Panagis S. Liossatos, Professor Emeritus completing an undergraduate degree. Norihiko Matsuda, Assistant Professor Upper Division Program: (60) Kaz Miyagiwa, Professor and Director of Graduate Programs Required Courses for the Major: (18) Pallab Mozumder, Professor (joint appointment ECO 3101 Intermediate Microeconomics 3 with Earth and Environment) ECO 3203 Intermediate Macroeconomics 3 Tobias Pfutze, Associate Professor ECO 3410 Measurement and Analysis of Econ Mihaela Pintea, Associate Professor Activity 3 Alfonso Rodriguez, Senior Instructor ECO 4421 Introduction to Econometrics 3 Jorge Salazar-Carrillo, Professor and Director, ECO 4932 Topics in Theory 1 3 Center for Economic Research and Education ECO 4903 Undergraduate Seminar 3 Abu Shonchoy, Assistant Professor Mira Wilkins, Professor Emeritus ECO 3410 and ECO 4421 each satisfy the FIU Maria F. Willumsen, Associate Professor requirement in Computer Competency. ECO 4903 Demet Yilmazkuday, Senior Instructor and satisfies the requirement in Oral Competency. Undergraduate Director Elective Courses for the Major: (15) Hakan Yilmazkuday, Professor Five additional upper-division economics courses, of The major in economics provides the student with an which at least two must be from the following list of understanding of economic problems and institutions, and courses which require an intermediate theory course as a with analytical tools to apply this knowledge to prerequisite: ECO 4224, ECO 4401, ECO 4504, ECO contemporary problems. The program is designed for the 4703, ECO 4713, ECP 4031, ECP 3203, ECP 4204, ECP student desiring a career in business, government, 4314, ECP 4403, ECO 4100, ECO 4237, ECS 4011, ECS international agencies, or multinational corporations; and 4014. for those planning graduate study in economics, business, law, public administration, urban studies, or international Electives: (27) 1 relations. This requirement can also be met by taking ECO 4933. 2 The following courses cannot be used as Elective Courses for the Major: ECO 2013, ECO 2023, ECO 3041, Bachelor of Arts ECO 3202, ECO 3949, ECO 4906, ECO 4949. Degree Program Hours: 120 Tracks in the Major Lower Division Requirements: Economic majors have the option of choosing their Common Prerequisite Courses and electives in economics in such a way as to satisfy the Equivalencies requirements for one or more specialized Tracks in the major. If the requirements for a Track are satisfied, the FIU Course(s) Equivalent Course(s) student’s transcript will show a major in economics with ECO 2013 ECOX013 or ECOXXXX specialization in the Track. ECO 2023 ECOX023 or ECOXXXX Each Track consists of: Courses which form part of the statewide articulation 1. A core set of economics courses from which the between the State University System and the Florida student must successfully complete at least two; College System will fulfill the Lower Division Common 2. A secondary set of economics courses from Prerequisites. which the student must successfully complete at Please visit https://cpm.flvc.org for a current list of least one. state-approved common prerequisites. One or more Tracks may not be offered in a given year. Common Prerequisites Majors in economics may choose among the following Tracks: ECO 2013 Principles of Macroeconomics ECO 2023 Principles of Microeconomics Track in International Economics Courses required for the degree: Core Courses: MAC 2311 Calculus I ECO 4703 International Trade Theory & Policy 3 560 Steven J Green School of International and Public Affairs Undergraduate Catalog 2020-2021 ECO 4713 International Macroeconomics – GL 3 Courses which form part of the statewide articulation Secondary Courses: between the State University System and the Florida ECS 3003 Comparative Economic Systems 3 College System will fulfill the Lower Division Common ECO 4701 World Economy 3 Prerequisites. or Please visit https://cpm.flvc.org for a current list of ECO 5709 World Economy 3 state-approved common prerequisites. Track in the Economics of Public Policy Common Prerequisites: ECO 2013 Principles of Macroeconomics Core Courses: ECO 2023 Principles of Microeconomics ECO 4504 Public Finance 3 ECP 4204 Theory of Labor Economics 3 Other Degree Requirements: MAC 2311 Calculus I Secondary Courses: or ECP 3203 Introduction to Labor Economics 3 MAC 2233 Calculus for Business ECO 3223 Money & Banking 3 STA 2122 Statistics for Behavioral and Social ECP 3302 Introduction to Environmental Sciences I Economics 3 or ECP 3410 Introduction to Public Economics 3 STA 2023 Statistics for Business and ECP 4314 Natural Resource Economics 3 Economics ECP 3451 Law & Economics 3 Note: Students who are contemplating going on to study Track in the Economics of Business and graduate-level Economics are encouraged to take Industry MAC2311, MAC2312, and MAC2313. Core Courses: Students are admitted directly to their chosen major at the ECP 4403 Industrial Organization 3 University. Students are expected to make good progress ECO 4100 Managerial Economics 3 based on critical indicators that include course completion ECO 4237 Money Interest & Capital 3 and GPA requirements. In cases where students are not ECO 4400 Economics of Strategy and Information 3 making successful progress, a change of major may be Secondary Courses: required. Academic advisors work with students to identify ECO 3223 Money and Banking 3 an appropriate major where a student will be successful in completing an undergraduate degree. ECO 4224 Issues in Money Banking 3 ECP 3203 Introduction to Labor Economics 3 Degree Requirements: (60 hours) Track in Economic Development Required Economics Courses: (24 hours) Core Courses: Each of the following eight courses are required for the ECS 4011 Development Economics I 3 B.S. in Economics: ECS 4014 Development Economics II 3 ECO 3101 Intermediate Microeconomics 3 ECO 3203 Intermediate Macroeconomics 3 Secondary Courses: ECO 3410 Measurement and Analysis of Econ ECO 4703 International Trade Theory & Policy 3 Activity 3 ECO 4713 International Macroeconomics – GL 3 ECO 4401 Math for Economists 3 ECP 4031 Cost-Benefit Analysis 3 ECO 4421 Introduction to Econometrics 3 ECS 3013 Introduction to Economic Development 3 ECO 4465 Quantitative Economics 3 ECS 3401 The Brazilian Economy 3 ECO 4932/33 Topics in Theory 3 ECS 3402 The Political Economy of South America 3 ECO 4903 Undergraduate Seminar 3 ECS 3403 Economics of Latin America 3 ECS 3404 Economic Integration/Latin America 3 Note: ECO 3410 and ECO 4421 each satisfy the FIU ECS 3430 The Economic Development of requirement in Computer Competency. ECO 4903 satisfies the requirement in Oral Competency. Cuba/Past & Present 3 ECS 3431 Economics of the Caribbean Basin 3 Elective Economics Courses: (9 hours) ECS 3432 Economic Integration/Caribbean 3 In addition to the eight required Economics courses, ECS 3200 Economics of Asia 3 majors must complete three upper-division Economics electives (ECO, ECP, or ECS courses) Bachelor of Science Note: The following courses cannot be used as Elective Degree Program Hours: 120 Economics Courses: ECO 3041, ECO 3202, ECO 3949, ECO 4906, ECO 4949. Lower Division Preparation: General Electives: (27 hours) Common Prerequisite Courses and To complete the degree program, majors will need to earn Equivalencies an additional 27 credits, on top of the required 33 credits of Economics. Students are encouraged to earn those FIU Course(s) Equivalent Course(s) additional credits in pursuit of a second major or a minor in ECO 2013 ECOX013 or ECOXXXX a related field such as Math, Statistics, Business, Political ECO 2023 ECOX023 or ECOXXXX Science, International Relations, or Public Administration. Undergraduate Catalog 2020-2021 Steven J Green School of International and Public Affairs 561 Combined BA/MA in Economics Degree degree. Students may take advantage of the overlap of Pathway courses in the BA and MPH programs to receive their MPH degrees in a shorter period than it would otherwise The Combined Bachelor of Arts/Master of Arts (BA/MA) in be possible. Economics degree pathway is designed for outstanding To be considered for admission to the combined undergraduate students. It provides a strong base of bachelor's/master's degree pathway, students must have knowledge and skills in economics, and at the same time completed at least 75 credits in the bachelor's degree accelerates completion of the Master of Arts degree. program at FIU and meet the admissions criteria for the Students may take advantage of the overlap of courses in graduate degree program to which they are applying. the BA and MA programs to receive their MA degree in a Students need only apply once to the combined degree shorter period than it would otherwise be possible. pathway, but the application must be submitted to To be considered for admission to the combined Graduate Admissions typically before the student starts bachelor’s/master’s degree program, students must have the last 30 credits of the bachelor's degree program. A completed at least 75 credits in the bachelor’s degree student admitted to the combined degree pathway will be program at FIU and meet the admissions criteria for the considered to have undergraduate status until the student graduate degree program to which they are applying.