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UMUC Europe :: Economics

Economics within the General Studies Major

Students may seek either a minor or general studies major focused on economics. The description and objectives of the major in general studies may be found on the general studies page.

Degree Requirements

A degree with a major in general studies and a focus in economics requires the successful completion of 120 credits of coursework including 30 credits for the major (indicated by Required by major); 41 credits in general education requirements (GERs); and 49 credits in the minor, electives; and other degree requirements. At least 15 credits in the major must be earned in upper-level courses (numbered 300 or above).

Requirements for Economics within the General Studies Major

Coursework for a major in general studies with a focus in economics includes the following:

  • Required foundation courses (6 credits): ECON 201 and ECON 20 (3)
  • Required core courses (18 credits): Chosen from any upper-level ECON courses
  • Required statistics course (3 credits): STAT 200 or STAT 23 (0)
  • Supplemental major course (3 credits): Additional ECON or courses related to the discipline (contact an academic advisor for a list of approved related courses)

Recommended Sequence

The following course sequence will fulfill all of the requirements for the BS in general studies with a focus in economics. Since some recommended courses fulfill more than one requirement, substituting courses for those listed may make it necessary to take additional courses to meet degree requirements. Students should consult an academic advisor whenever taking advantage of other options.

Information on alternate courses (where allowable) to fulfill general education requirements (in communications, arts and humanities, behavioral and social sciences, biological and physical sciences, mathematics, and interdisciplinary issues) may be found on in the General Education Requirements.

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Economics Major Courses

First Courses (to be taken within the first 18 credits)

Note: Placement tests are required for math and writing courses.

LIBS 150 Information Literacy and Research Methods (1)

WRTG 101/101X Introduction to Writing (3)

MATH 103 College Mathematics (3)
or MATH 107 College Algebra
or a higher-level math course

BMGT 110 Introduction to Business and Management (3)Required by major
or other supplemental major course (see Requirements for the Major)

Introductory Courses (to be taken within the first 30 credits)

PHIL 140 Contemporary Moral Issues (3)
or other ARTH, ARTT, HIST, HUMN, MUSC, PHIL, THET, dance, literature, or foreign language course to fulfill the first general education requirement in arts and humanities

BIOL 101 Concepts of Biology (3)
and BIOL 102 Laboratory in Biology (1)
or BIOL 103 Introduction to Biology
or other course(s) to fulfill the general education requirement in biological and physical sciences with related laboratory

WRTG 291 Expository and Research Writing (3)
or other course to fulfill the general education requirement in communications/writing

GVPT 170 American Government (3)
or other ANTH, BEHS, ECON, GEOG, GVPT, PSYC, SOCY, or eligible AASP, CCJS, GERO, or WMST course to fulfill the first general education requirement in behavioral and social sciences

IFSM 201 Introduction to Computer-Based Systems (3)
or CMST 303 Advanced Application Software Foundation Courses
(to be taken within the first 60 credits)

PSYC 100 Introduction to Psychology (3)
or SOCY 100 Introduction to Sociology
or other course to fulfill the second general education requirement in behavioral and social sciences (discipline must differ from first)

ECON 201 Principles of Macroeconomics (3)Required by major

ECON 203 Principles of Microeconomics (3)Required by major

STAT 230 Business Statistics (3)Required by major
or STAT 200 Introduction to Statistics
or another suitable statistics course

NSCI 100 Introduction to Physical Science (3)
or ASTR 100 Introduction to Astronomy
or other course to fulfill the general education requirement in biological and physical sciences

HIST 142 Western Civilization II (3)
or HIST 157 History of the United States Since 186 (5)
or other course to fulfill the second general education requirement in interdisciplinary issues/computing

IFSM 304 Ethics in the Information Age (3)
or other course to fulfill the second general education requirement in interdisciplinary issues/computing

SPCH 100 Foundations of Speech Communication (3)
or SPCH 101 Introduction to Public Speaking
or other course to fulfill the general education requirement in communications/writing or speech

BMGT 392 Global Business Management (3)

Additional Required Courses (to be taken after introductory and foundation courses)

WRTG 391/391X Advanced Expository and Research Writing (3)
or other course to fulfill the general education requirement in communications/ upper-level intensive writing

ECON 301 Current Issues in American Economic Policy (3)Required by major or other core course (see Requirements for the Major)

ECON 311 American Economic Development (3)Required by major
or other core course (see Requirements for the Major)

ECON 380 Comparative Economic Systems (3)Required by major
or other core course (see Requirements for the Major)

ECON 430 Money and Banking (3)Required by major
or other core course (see Requirements for the Major)

ECON 440 International Economics (3)Required by major
or other core course (see Requirements for the Major)

ECON 306 Intermediate Microeconomic Theory (3)Required by major
or other core course (see Requirements for the Major)

Minor and/or Elective Courses(to be taken in the last 60 credits along with required major courses) (46)

Total credits for BS in general studies (120)

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Minor in Economics

The economics minor complements the skills the student gains in his or her major discipline by providing a study of the forces that determine production and distribution, price levels, and income distribution, as well as other economic factors that influence the quality of life.

Objectives

The student who graduates with a minor in economics will be able to

  • Explain fundamental economic concepts and understand the principles and problems of modern economic life.
  • Examine the relation of economic concepts to a variety of current social problems, including poverty, divorce, social stratification, and unemployment.
  • Analyze economic and social issues and their relationship to personal, public, and business decisions.

Requirements for the Minor

A minor in economics requires the completion of 15 credits in economics (any ECON course). Students should take ECON 201 and 203 as the first courses in the minor, if not applied elsewhere in the degree.

At least 9 credits must be earned in upper-level courses (numbered 300 or above). Courses may not duplicate those used to meet the requirements for the major. Prerequisites apply for all courses.

For a listing of all the requirements for the bachelor’s degree, students should refer to their major and Bachelor’s Degrees.

Information based on the UMUC Europe Undergraduate Catalog 2008-2009. (pdf 4.9MB)

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Last updated: 13 August 2008

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