This is an archived copy of the 2020-2021 catalog. To access the most recent version of the catalog, please visit http://catalog.uwgb.edu.

Economics

https://www.uwgb.edu/economics/

(Bachelor of Science)

Economics focuses on the allocation and distribution of scarce resources. As a social science, economics is fundamentally about people — their needs, wants and behavior, and the institutions they construct.

As a discipline focusing on scarcity, economics includes the study of organizations and institutions that influence resource allocation, including businesses, governments, households, product markets, and the markets for land, labor, capital, and innovation, among others. Understanding these organizations provides insights into issues such as inflation, unemployment, government regulation, environmental degradation, poverty, and sustainable economic systems with or without growth.

Students who major or minor in Economics receive training in quantitative methods, economic theory, and applied economic analysis. Students can tailor their academic programs to fit their particular strengths, interests, and career goals.

Many Economics majors at UW-Green Bay choose a minor or second major in Business Administration with emphases in marketing or finance. Other students select minors in one of the social science programs, Environmental Science, or the humanities.

The broad training received by Economics students in incentive-based decision making creates a variety of career opportunities. Many UW-Green Bay Economics majors enter careers in business, government agencies, and nonprofit organizations directly after graduation. Individuals trained in economics are frequently employed by banks and investment firms, government agencies, market research firms, insurance companies, management consulting firms, advertising agencies, labor unions, and as private entrepreneurs. Economics graduates have been employed in real estate, land use planning, financial planning, credit and collection, advertising, management, statistics, systems analysis, politics and public administration. Many go on to graduate schools, where they receive advanced training in such fields as business, economics, law, public policy, and urban studies.

Students may also desire to become certified teachers. In such cases, programs should be designed jointly with appropriate advisers in both the Economics and Education programs at UW-Green Bay.

Students seeking information on teacher certification should contact the Education Office.

Major

Supporting Courses14
Economics of the Modern World
Macro Economic Analysis
Micro Economic Analysis
Choose one of the following courses:
Business Statistics
Social Science Statistics
Introductory Statistics
Choose one of the following courses:
Quantitative Methods for Economists
Calculus and Analytic Geometry I
Upper-Level Courses28
Intermediate Macro Economic Theory
Intermediate Micro Economic Theory
Introduction to Econometrics
International Economics
Managerial Economics
Choose one Course
Money and Banking
Financial Markets and Institutions
Choose three elective courses
Principles of Investment
Contemporary Labor Markets
Natural Resources Economic Policy
Urban and Regional Economics
History of Economic Thought
Economics of Land Use
Community Economic Development
Gender and Economic Justice
Environmental and Resource Economics
Public Finance and Fiscal Policy
Cost Benefit Analysis
International Financial Management
Advanced Corporation Finance
Derivatives
Bank Administration
Total Credits42

Minor

Supporting Courses9-10
Macro Economic Analysis
Micro Economic Analysis
Choose one of the following courses:
Business Statistics
Social Science Statistics
Quantitative Methods for Economists
Introductory Statistics
Upper-Level Courses12
Intermediate Macro Economic Theory
Intermediate Micro Economic Theory
Choose 9 elective credits (no more than one course with BUS ADM designation) 1
Total Credits21-22

Curriculum Guide

The following is only an example of a four-year Economics degree program and is subject to change without notice. Students should consult a Economics program advisor to ensure that they have the most accurate and up-to-date information available about a particular four-year degree option.

An example: Four year plan for Economics Major
120 credits necessary to graduate.
Plan is a representation and categories of classes can be switched. Check with your advisor.

Plan of Study Grid
Freshman
FallCredits
ECON 202 Macro Economic Analysis 3
First Year Seminar 3
General Ed 3
General Ed 3
General Ed 3
 Credits15
Spring
ECON 203 Micro Economic Analysis 3
MATH 202 Calculus and Analytic Geometry I 4
General Ed 3
General Ed 3
General Ed 3
 Credits16
Sophomore
Fall
BUS ADM 220
Business Statistics
or Social Science Statistics
or Introductory Statistics
3-4
ECON 302 Intermediate Macro Economic Theory 3
General Ed 3
General Ed 3
Elective 3
 Credits15-16
Spring
ECON 303 Intermediate Micro Economic Theory 3
General Ed 3
General Ed 3
General Ed 3
Elective 3
 Credits15
Junior
Fall
ECON 307 History of Economic Thought 3
ECON/BUS ADM 3XX/4XX Elective 3
Elective 3
Elective 3
Elective 3
 Credits15
Spring
ECON 310 Introduction to Econometrics 3
ECON/BUS ADM 3XX/4XX Elective 3
Elective 3
Elective 3
Elective 3
 Credits15
Senior
Fall
ECON/BUS ADM 3XX/4XX Elective 3
Elective 3
Elective 3
Elective 3
Elective 3
 Credits15
Spring
ECON/BUS ADM 3XX/4XX Elective 3
Elective 3
Elective 3
Elective 3
Elective 3
 Credits15
 Total Credits121-122

Faculty

John R Stoll; Professor; Ph.D., University of Kentucky*

Thomas S Nesslein; Associate Professor; Ph.D., University of Washington - Seattle, chair