BACHELOR OF ARTS: ECONOMICS

Transcription

1 Bachelor of Arts: Economics BACHELOR OF ARTS: ECONOMICS Career Implications The undergraduate degree in economics is excellent preparation for graduate study in economics and most other academic disciplines, as well as law and business. A degree in economics opens a wide range of career choices including teaching, government service, finance, banking and insurance. It is excellent preparation for a career in business, public administration and management. Advising System Students in the program should consult Professor Karen Vorst, (86) and vorstk@umkc.edu, for undergraduate advising. Honor Society The Zeta chapter of the Omicron Delta Epsilon International Honor Society in Economics is on campus. Information on this organization can be obtained from Ben Young. The society is open to all undergraduate students with at least 2 hours of economics and a 3.0 GPA in economics and related courses. Graduate students in economics with a 3.0 GPA also may join. Special Awards and Scholarships The Joe E. Brown Institutional Economics Award is given each year to an undergraduate or graduate student for outstanding academic performance in the study of institutional theory. The department also offers the Robert Greene Scholarship, Frank Wagner Scholarship, James Crew Scholarship, and the Karen Vorst Scholarship for undergraduates. University Requirements General Education The UMKC General Education Core ( is the university-wide curriculum that all undergraduate students will complete. The 30-credit hour core curriculum includes three course types designated as Anchor, Discourse and Focus and is detailed in the General Education ( general-education-requirements) section of the catalog. Constitution Course Every undergraduate student must take a course covering the United States Constitution and the Missouri State Constitution before graduation. Course options are included in the program requirements section below. RooWriter Assessment Candidates for all baccalaureate degrees must complete the online UMKC RooWriter Writing Assessment after they have passed Discourse 200 (or its equivalent) but before they have attained 90 credit hours. Incoming transfer students with more than 90 credit hours must complete the RooWriter by the end of their first semester of enrollment or within one semester after passing Discourse 200 (or its equivalent). Students who have not completed the RooWriter Writing Assessment within two semesters after passing Discourse 200 (or its equivalent) will be blocked from enrollment until they successfully complete the RooWriter. Additional information is available in the Undergraduate Academic Regulations and Information ( catalog.umkc.edu/undergraduate-academic-regulations-information/roowriter) section of the catalog. Exit Examinations Information on exit examinations and/or major field exams is available in the Undergraduate Academic Regulations and Information ( catalog.umkc.edu/undergraduate-academic-regulations-information/graduation/exitexams) section of the catalog. Student Learning Outcomes Students graduating from this program will: Students will be able to distinguish the attributes of a variety of economic theories and policies. Students will be able to use their economic knowledge to examine a wide variety of problems that are economic, social and/or political in nature, on both the micro and macro levels. Students will have knowledge of statistical methods that will become part of their problem-solving toolset. Students will become proficient writers through assignments in regular classes, as well as intensive-writing experiences in the capstone course. All students will have undertaken a research project in conjunction with a local community development corporation as part of an academic service learning assignment. In fact, there will be many opportunities to be actively engaged with the Kansas City community through our community service requirement in various courses. Students will be better problem solvers and better-informed citizens.

2 2 Bachelor of Arts: Economics Program Requirements Program Specific Recommendations for UMKC General Education Core ( Coursework Anchor I 3 Anchor II 3 Anchor III 3 DISC 00 Discourse I: Reasoning and Values (Speech and Writing) 3 DISC 200 Discourse II: Culture and Diversity (Writing and Speech) 3 DISC 300 Discourse III: Civic and Community Engagement (Speech and Writing) 3 Focus A 3 Focus B (Satisfied in program requirements below) Focus C (May be satisfied by the Constitution course requirement below) Focus Elective (Satisfied in program requirements below) Total credits' in this section indicates the number of General Education Core credit hours that are not met by the degree specific requirements outlined below. Total Credits 2 See the UMKC General Education Core ( section of the catalog for available Anchor and Focus course options. Constitution Course Requirement Section of the Missouri Revised Statutes, 205, states that all candidates for a degree issued by a college or university in the state of Missouri must have satisfactorily passed an examination on the provisions and principles of the Constitution of the United States and of the state of Missouri, and in American history and American institutions. Courses at UMKC that satisfy this state requirement are: Choose one of the following: CJC 364 The Supreme Court And The Criminal Process HISTORY 0 U.S. History to 877 (Focus C) HISTORY 02 U.S. History Since 877 (Focus C) HISTORY 360R Constitutional History of the United States HONORS 230 Honors American Government (Focus C) POL-SCI 20 American Government (Focus C) Course may satisfy both the UMKC General Education Core (Focus C) and Constitution requirements. There are a few other ways this requirement can be satisfied for students transferring to UMKC: Take an equivalent course from the list above at a regionally accredited institution. Earn credit for one of the above courses through AP, IB, or CLEP. Take a course that directly satisfies the Missouri Constitution Requirement at another Missouri institution. Have a previous bachelors degree (or higher) from a regionally accredited institution. Have an Associate of Arts degree from a regionally accredited institution. Complete the 42 Hour Core at a Missouri institution and have it listed on the official transcript. College of Arts & Sciences Degree Requirements Students pursuing the bachelor of arts and bachelor of science degrees must complete a major. Students pursuing the bachelor of liberal arts degree must complete a minor. Additional details are available in the Student Services ( section of the catalog. ALEKS Math Placement Arts and Humanities Division of CAS 6

3 Bachelor of Arts: Economics 3 Science and Math Division of CAS 6 Social and Behavioral Sciences Division of CAS 6 Writing Intensive Course (300-level or above) 3 Foreign Language (3rd Semester Level) 9 Laboratory Science Experience MATH 0 or MATH 6 or MATH 20 College Algebra (or any 200-level or above Math/Stat course; Satisfied in requirements below) Mathematics For Liberal Arts Precalculus Total Credits 3 Major Requirements This program requires a minimum of 36 hours and a maximum of 45 hours of courses in the department. A minimum 2.0 GPA in the major is required for graduation. Related courses in anthropology, English, geography, philosophy, history, political science, psychology, sociology, accounting and computer programming are recommended to satisfy the College of Arts and Sciences requirements for graduation. Students must take at least 2 credit hours of 300-level or above coursework in the major. Major Prerequisites MATH 0 College Algebra 3 STAT 235 Elementary Statistics 3 Major Requirements ECON 20 Introduction To Economics I (Focus B) 3 ECON 202 Introduction To Economics II (Focus B) 3 ECON 30 Macroeconomic Analysis 3 ECON 302 Microeconomic Analysis 3 ECON 425 Intermediate Economic Statistics 3 3 ECON 45 Institutional Economic Theory 3 Major Electives 8 Total Credits ENGLISH 0, ENGLISH 225, COMM-ST 0, and foreign language courses at 2 or below do not fulfill this requirement. This requirement may be fulfilled by courses from either the UMKC General Education Core or the College of Arts and Sciences Degree Requirements. MATH 0 and STAT 235 or their equivalents are prerequisites for ECON 425. ECON 42 is recommended for students who plan to do graduate work in economics. General Electives Students must take elective credit hours to meet the minimum credit hour requirement for their degree, including at least 36 credit hours of coursework at the 300-level or above. The minimum required by the university is 20 credit hours, of which at least 30 credit hours must be taken at UMKC, but some degree programs require more. General Electives 23 Minimum GPA: 2.0 Total Credit Hours: 20 Money and Finance Emphasis Student Learning Outcomes Students graduating from this program will:

4 4 Bachelor of Arts: Economics Students will be able to identify important issues related to money and finance from both a macro (broad policy questions) and micro (firmspecific questions) perspective. Students will be able to determine what information is needed to evaluate the issues and identify/construct appropriate data sets and other information for analysis. Students will develop and use their problem-solving skills and be able to analyze specific issues in order to formulate a variety of solutions. Students will be able to communicate their analyses effectively through written and oral presentations. Students will gain experience working in teams either in the classroom and/or on the job through an internship experience. Program Requirements Anchor I 3 Anchor II 3 Anchor III 3 DISC 00 Discourse I: Reasoning and Values (Speech and Writing) 3 DISC 200 Discourse II: Culture and Diversity (Writing and Speech) 3 DISC 300 Discourse III: Civic and Community Engagement (Speech and Writing) 3 Focus A 3 Focus B (Satisfied in program requirements below) Focus C (May be satisfied by the Constitution course requirement below) Focus Elective (Satisfied in program requirements below) Total credits' in this section indicates the number of General Education Core credit hours that are not met by the degree specific requirements outlined below. Total Credits 2 See the UMKC General Education Core ( section of the catalog for available Anchor and Focus course options. Constitution Course Requirement Section of the Missouri Revised Statutes, 205, states that all candidates for a degree issued by a college or university in the state of Missouri must have satisfactorily passed an examination on the provisions and principles of the Constitution of the United States and of the state of Missouri, and in American history and American institutions. Courses at UMKC that satisfy this state requirement are: Choose one of the following: 3 CJC 364 The Supreme Court And The Criminal Process HISTORY 0 U.S. History to 877 (Focus C) HISTORY 02 U.S. History Since 877 (Focus C) HISTORY 360R Constitutional History of the United States HONORS 230 Honors American Government (Focus C) POL-SCI 20 American Government (Focus C) Total Credits 3 Course may satisfy both the UMKC General Education Core (Focus C) and Constitution requirements. There are a few other ways this requirement can be satisfied for students transferring to UMKC: Take an equivalent course from the list above at a regionally accredited institution. Earn credit for one of the above courses through AP, IB, or CLEP. Take a course that directly satisfies the Missouri Constitution Requirement at another Missouri institution. Have a previous bachelors degree (or higher) from a regionally accredited institution. Have an Associate of Arts degree from a regionally accredited institution. Complete the 42 Hour Core at a Missouri institution and have it listed on the official transcript.

5 Bachelor of Arts: Economics 5 College of Arts & Sciences Degree Requirements Students pursuing the bachelor of arts and bachelor of science degrees must complete a major. Students pursuing the bachelor of liberal arts degree must complete a minor. Additional details are available in the Student Services ( section of the catalog. ALEKS Math Placement Arts and Humanities Division of CAS 6 Science and Math Division of CAS 6 Social and Behavioral Sciences Division of CAS 6 Writing Intensive Course (300-level or above) 3 Foreign Language (3rd Semester Level) 9 Laboratory Science Experience MATH 0 or MATH 6 or MATH 20 College Algebra (or any 200-level or above Math/Stat course; Satisfied in requirements below) Mathematics For Liberal Arts Precalculus Total Credits 3 Major Requirements This program requires a minimum of 36 hours and a maximum of 45 hours of courses in the department. A minimum 2.0 GPA in the major is required for graduation. Related courses in anthropology, English, geography, philosophy, history, political science, psychology, sociology, accounting and computer programming are recommended to satisfy the College of Arts and Sciences requirements for graduation. Students must successfully complete the major requirements below with at least 2 hours of the noted upper division (300+) course requirements completed at UMKC. Below are the required courses and electives for the Money and Finance Emphasis Area. Students must complete 8 credits from the courses listed in the Money and Finance Electives section Major Prerequisites MATH 0 College Algebra 3 STAT 235 Elementary Statistics 3 Required Courses (from the basic Economics degree): ECON 20 Introduction To Economics I (Focus B) 3 ECON 202 Introduction To Economics II (Focus B) 3 ECON 30 Macroeconomic Analysis 3 ECON 302 Microeconomic Analysis 3 ECON 425 Intermediate Economic Statistics 3 ECON 45 Institutional Economic Theory 3 Electives (choose 6 from the following):,2 8 ECON 33 or ECON 33P ECON 353 ECON 43 ECON 435 ECON 437 ECON 442 ECON 497 Money And Banking Money And Banking Financial Analysis And The Economy Monetary Theory And Policy Public Finance State And Local Government Finance International Finance Internship Total Credits 42 2 Two electives may be taken from outside the department, including ACCTNG 20, ACCTNG 2, or any 300-level or above ACCTNG or FIN course. Elective options not included above are subject to approval by the program's Undergraduate Advisor.

6 6 Bachelor of Arts: Economics General Electives Students must take elective credit hours to meet the minimum credit hour requirement for their degree, including at least 36 credit hours of coursework at the 300-level or above. The minimum required by the university is 20 credit hours, of which at least 30 credit hours must be taken at UMKC, but some degree programs require more. General Electives 23 Minimum GPA: 2.0 Total Credit Hours: 20 Political Economy Emphasis Student Learning Outcomes Students graduating from this program will: Students will explain, analyze, and critically evaluate different market structures Students will be able to analyze specific economic issues using different methodologies of both a quantitative and qualitative nature Students will be able to undertake independent research into an examination of an issue of current social concern Students will assess the role of domestic and international institutions and norms in shaping economic outcomes Students will address and critically evaluate policy proposals from different theoretical perspectives Student will explain why different theoretical perspectives lead to different policy recommendations Students will understand the relation between economic theory(ies) and the examination of at least two major social issues (race and/or gender, economic development, environmental concerns, etc.) Students will examine a specific issue from a standpoint that incorporates social and political concerns in the economic inquiry Program Requirements Program Specific Recommendations for UMKC General Education Core ( Coursework Anchor I 3 Anchor II 3 Anchor III 3 DISC 00 Discourse I: Reasoning and Values (Speech and Writing) 3 DISC 200 Discourse II: Culture and Diversity (Writing and Speech) 3 DISC 300 Discourse III: Civic and Community Engagement (Speech and Writing) 3 Focus A 3 Focus B (Satisfied in program requirements below) Focus C (May be satisfied by the Constitution course requirement below) Focus Elective (Satisfied in program requirements below) Total credits' in this section indicates the number of General Education Core credit hours that are not met by the degree specific requirements outlined below. Total Credits 2 See the UMKC General Education Core ( section of the catalog for available Anchor and Focus course options. Constitution Course Requirement Section of the Missouri Revised Statutes, 205, states that all candidates for a degree issued by a college or university in the state of Missouri must have satisfactorily passed an examination on the provisions and principles of the Constitution of the United States and of the state of Missouri, and in American history and American institutions. Courses at UMKC that satisfy this state requirement are: Choose one of the following:

7 Bachelor of Arts: Economics 7 CJC 364 The Supreme Court And The Criminal Process HISTORY 0 U.S. History to 877 (Focus C) HISTORY 02 U.S. History Since 877 (Focus C) HISTORY 360R Constitutional History of the United States HONORS 230 Honors American Government (Focus C) POL-SCI 20 American Government (Focus C) Course may satisfy both the UMKC General Education Core (Focus C) and Constitution requirements. There are a few other ways this requirement can be satisfied for students transferring to UMKC: Take an equivalent course from the list above at a regionally accredited institution. Earn credit for one of the above courses through AP, IB, or CLEP. Take a course that directly satisfies the Missouri Constitution Requirement at another Missouri institution. Have a previous bachelors degree (or higher) from a regionally accredited institution. Have an Associate of Arts degree from a regionally accredited institution. Complete the 42 Hour Core at a Missouri institution and have it listed on the official transcript. College of Arts & Sciences Degree Requirements Students pursuing the bachelor of arts and bachelor of science degrees must complete a major. Students pursuing the bachelor of liberal arts degree must complete a minor. Additional details are available in the Student Services ( section of the catalog. ALEKS Math Placement Arts and Humanities Division of CAS 6 Science and Math Division of CAS 6 Social and Behavioral Sciences Division of CAS 6 Writing Intensive Course (300-level or above) 3 Foreign Language (3rd Semester Level) 9 Laboratory Science Experience MATH 0 or MATH 6 or MATH 20 College Algebra (or any 200-level or above Math/Stat course; Satisfied in requirements below) Mathematics For Liberal Arts Precalculus Total Credits 3 Major Requirements This program requires a minimum of 36 hours and a maximum of 45 hours of courses in the department. A minimum 2.0 GPA in the major is required for graduation. Related courses in anthropology, English, geography, philosophy, history, political science, psychology, sociology, accounting and computer programming are recommended to satisfy the College of Arts and Sciences requirements for graduation. Students must take at least 2 credit hours of 300-level or above coursework in the major. Major Prerequisites MATH 0 College Algebra 3 STAT 235 Elementary Statistics 3 Required Courses (from basic Economics degree) ECON 20 Introduction To Economics I (Focus B) 3 ECON 202 Introduction To Economics II (Focus B) 3 ECON 30 Macroeconomic Analysis 3 ECON 302 Microeconomic Analysis 3 ECON 425 Intermediate Economic Statistics 3 ECON 45 Institutional Economic Theory 3 Electives (choose 4 of the following) 2

8 8 Bachelor of Arts: Economics ECON 308 ECON 32 ECON 34 ECON 395 ECON 406WI ECON 420 ECON 438 ECON 488 ECON 497 Challenges Facing The US Economy Theory Of Economic Development Political Economy of Race, Class And Gender: Theory, History, And Policy Current Economic Issues History Of Economic Thought Environment, Resources And Economic Growth Economic Policy Radical Political Economy Internship 2 electives at the 300-level or above (may be from outside the Department, but will be subject to approval by the Undergraduate Advisor). 6 Total Credits 42 General Electives Students must take elective credit hours to meet the minimum credit hour requirement for their degree, including at least 36 credit hours of coursework at the 300-level or above. The minimum required by the university is 20 credit hours, of which at least 30 credit hours must be taken at UMKC, but some degree programs require more. General Electives 23 Urban Economic Development Emphasis Student Learning Outcomes Students graduating from this program will: Students will become familiar and conversant with the full range of private, public, and non-profit sector organizations and activities which contribute to the process of urban economic development. Students will develop comprehensive and advanced skills in spatial analysis and the operation of Geographic Information Systems (GIS) in the support of urban economic development. Students will learn and develop competency in the theory and methods of the field of Urban Economics. In collaborative partnerships with local organizations, students will demonstrate the ability to integrate and apply the knowledge and skills acquired in learning outcomes -3 to practical problems in urban economic development. Program Requirements Program Specific Recommendations for UMKC General Education Core ( Coursework Anchor I 3 Anchor II 3 Anchor III 3 DISC 00 Discourse I: Reasoning and Values (Speech and Writing) 3 DISC 200 Discourse II: Culture and Diversity (Writing and Speech) 3 DISC 300 Discourse III: Civic and Community Engagement (Speech and Writing) 3 Focus A 3 Focus B (Satisfied in program requirements below) Focus C (May be satisfied by the Constitution course requirement below) Focus Elective (Satisfied in program requirements below) Total credits' in this section indicates the number of General Education Core credit hours that are not met by the degree specific requirements outlined below. Total Credits 2 See the UMKC General Education Core ( section of the catalog for available Anchor and Focus course options.

9 Bachelor of Arts: Economics 9 Constitution Course Requirement Section of the Missouri Revised Statutes, 205, states that all candidates for a degree issued by a college or university in the state of Missouri must have satisfactorily passed an examination on the provisions and principles of the Constitution of the United States and of the state of Missouri, and in American history and American institutions. Courses at UMKC that satisfy this state requirement are: Choose one of the following: CJC 364 The Supreme Court And The Criminal Process HISTORY 0 U.S. History to 877 (Focus C) HISTORY 02 U.S. History Since 877 (Focus C) HISTORY 360R Constitutional History of the United States HONORS 230 Honors American Government (Focus C) POL-SCI 20 American Government (Focus C) Course may satisfy both the UMKC General Education Core (Focus C) and Constitution requirements. There are a few other ways this requirement can be satisfied for students transferring to UMKC: Take an equivalent course from the list above at a regionally accredited institution. Earn credit for one of the above courses through AP, IB, or CLEP. Take a course that directly satisfies the Missouri Constitution Requirement at another Missouri institution. Have a previous bachelors degree (or higher) from a regionally accredited institution. Have an Associate of Arts degree from a regionally accredited institution. Complete the 42 Hour Core at a Missouri institution and have it listed on the official transcript. College of Arts & Sciences Degree Requirements Students pursuing the bachelor of arts and bachelor of science degrees must complete a major. Students pursuing the bachelor of liberal arts degree must complete a minor. Additional details are available in the Student Services ( section of the catalog. ALEKS Math Placement Arts and Humanities Division of CAS 6 Science and Math Division of CAS 6 Social and Behavioral Sciences Division of CAS 6 Writing Intensive Course (300-level or above) 3 Foreign Language (3rd Semester Level) 9 Laboratory Science Experience MATH 0 or MATH 6 or MATH 20 College Algebra (or any 200-level or above Math/Stat course; Satisfied in requirements below) Mathematics For Liberal Arts Precalculus Total Credits 3 Major Requirements This program requires a minimum of 36 hours and a maximum of 45 hours of courses in the department. A minimum 2.0 GPA in the major is required for graduation. Related courses in anthropology, English, geography, philosophy, history, political science, psychology, sociology, accounting and computer programming are recommended to satisfy the College of Arts and Sciences requirements for graduation. Students must take at least 2 credit hours of 300-level or above coursework in the major. Major Prerequisites MATH 0 College Algebra 3 STAT 235 Elementary Statistics 3

10 0 Bachelor of Arts: Economics Required Courses (from the basic Economics degree) ECON 20 Introduction To Economics I (Focus B) 3 ECON 202 Introduction To Economics II (Focus B) 3 ECON 30 Macroeconomic Analysis 3 ECON 302 Microeconomic Analysis 3 ECON 425 Intermediate Economic Statistics 3 ECON 45 Institutional Economic Theory 3 Major Electives: ECON 336 The Kansas City Economy 3 ECON 4 Geographic Information Systems (GIS) for Urban Economic Development 3 ECON 458 Urban Economics 3 ECON 496 Practicum in Urban Economic Development 3 2 electives at the 300-level or above (may be outside the department but are subject to approval by the Undergraduate Advisor). 6 Total Credits 42 General Electives Students must take elective credit hours to meet the minimum credit hour requirement for their degree, including at least 36 credit hours of coursework at the 300-level or above. The minimum required by the university is 20 credit hours, of which at least 30 credit hours must be taken at UMKC, but some degree programs require more. General Electives 23 Minimum GPA: 2.0 Total Credit Hours: 20 Teacher Certification in Social Studies Student Learning Outcomes Upon graduating with a Teacher Certification in Social Studies: Students will be able to distinguish the attributes of a variety of economic theories and policies. Students will be able to use their economic knowledge to examine a wide variety of problems that are economic, social and/or political in nature, on both the micro and macro levels. Students will have knowledge of statistical methods that will become part of their problem-solving toolset. Students will become proficient writers through assignments in regular classes, as well as intensive-writing experiences in the capstone course. All students will have undertaken a research project in conjunction with a local community development corporation as part of an academic service learning assignment. In fact, there will be many opportunities to be actively engaged with the Kansas City community through our community service requirement in various courses. Students will be better problem solvers and better-informed citizens. Certification as a middle school (grades 5-9) or secondary (grades 9-2) social studies teacher in either Kansas or Missouri requires that a student complete specific requirements in History, Political Science, Economics, Geography, Behavioral Sciences and the School of Education. A separate application for teacher education is required. For further information about the program, consult the School of Education ( colleges-schools/education) section of this catalog or contact the Education Student Services Office at (86) Tools for Planning and Fulfilling Academic Requirements UMKC's Major Maps ( are detailed, semester by semester plans that lead a student to complete all degree requirements within four years. Plans include benchmarks and critical courses by term that assist a student s evaluation of progress and major fit. In order to ensure that the appropriate courses are taken, students are encouraged to consult with the undergraduate advisor for this major. UMKC s Degree Audit System ( provides an individual evaluation of all degree requirements (General Education Core, Degree Specific, Major Specific, etc.) for student s officially recorded (Office of Registration and Records) and what if plans of study. This evaluation is used to certify all graduation requirements.