Undergraduate Degree Requirements
The Bachelor of Arts degree requires a minimum of 36 hours of courses in the department. This includes 18 hours of required courses and at least 18 hours of electives. A minimum grade point average of 2.0 in the major is required for graduation.
Required Classes are:
– Economics 201 - Introduction to Economics I
– Economics 202 - Introduction to Economics II
– Economics 301 - Macroeconomic Analysis
– Economics 302 - Microeconomic Analysis
– Economics 425 - Intermediate Economic Statistics
– Economics 451 - Institutional Economic Theory
MATH 110 College Algebra and MATH 235 Elementary Statistics or their equivalents are prerequisites for ECON 425. ECON 421 is recommended for students who plan to do graduate work in economics.
Tracks in Economics
Students majoring in Economics have the option of focusing their studies in the following tracks:
Urban Economics Development Track: Students will become familiar and conversant in a full range of private, public and non-profit sector organizations and activities that contribute to the process of urban economic development. They will develop comprehensive and advanced skills in spatial analysis and the operation of Geographic Information Systems (GIS) in support of urban economic development. In addition to the required courses for the degree, students in this track are required to take Economics 336 (The Kansas City Economy), 411 (GIS for Urban Economic Development), 458 (Urban Economics) and 496 (Practicum in Urban Economic Development, plus 2 Economics Electives.
Money and Finance Track: Students will be able to identify important issues related to money and finance from both a macro and micro perspective. They will develop expertise in the field of monetary economics, money and banking and use this knowledge as it relates to the field of finance. In addition to the required courses for the degree, students in this track are required to take 4 Economics Electives from among: Economics 331 (Money and Banking), 353 (Financial Analysis and the Economy), 431 (Monetary Theory and Policy), 435 (Public Finance), 437 (State and Local Government Finance), 441 (International Finance) and/or 497 (Internship). In addition, 2 Economics electives are required from outside this track. These 2 electives may come from outside the Department, subject to approval by the Undergraduate Advisor.
Political Economy Track: Students will focus their interests at the intersection of politics and economics, thus political economy. This focus of study provides the student with various alternatives ways of looking at society’s problems. Students will become proficient in this specific area of economic inquiry and be better suited to move on to graduate work in political economy, government employment, law school and other positions. In addition to the required courses for the degree, students in this track are required to take 4 Economics Electives from among: Economics 308 (Challenges in the U.S. Economy), 420 (Environment, Resources and Economic Growth), 438 (Economic Policy), 488 (Radical Political Economy) and/or 497 (Internship). In addition, 2 Economics electives are required from outside this track. These 2 electives may come from outside the Department, subject to approval by the Undergraduate Advisor.
Bachelor’s + Master’s Option: Beginning in the Fall, 2014, the Economics Department will be participating in the new Bachelor’s + Master’s program. The requirements for this program are:
– Students must apply after completion of 60 hours, but no more than 90 hours
toward their degree. Application form.
– To apply, students must submit an application and a completed Declaration of Major
form to the Department of Economics. Declaration form.
– Student applications will be reviewed by the Department of Economics.
– Students must be approved before being admitted to this program.
Undergraduate Minor in Economics
The minor in economics is open to all students and consists of a minimum of 18 hours (six courses) in economics. Required coursed for a minor are:
– ECON 201 - Introduction to Economics I
– ECON 202 - Introduction to Economics II
– ECON 3XX or 4XX (12)
Twelve hours in 300- to 400-level courses must be approved by the economics undergraduate adviser.
Teacher Certification in Social Studies
Certification as a middle school (grades 5-9) or secondary (grades 9-12) 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 section of this catalog or contact the Education Student Services Office at (816) 235-2234.
PACE Degree in Liberal Arts
The department participates in several courses in PACE: leading to concentrations in human resources or CA program for working adults in a weeknight/weekend format. These courses include:
Economics Pace Courses
– ECON 366 - Art Markets
– SOC-SCI 395C - Economics of Energy
– ECON 202P - Introduction to Economics II
– ECON 395I - Views of a Good Society
– ECON 201P - Introduction to Economics (Independent Study)
– SOC-SCI 397A - The Economics of Public Process (Independent Study)
– ECON 301P - Macroeconomic Analysis
– ECON 406WI - History of Economic Thought
– ECON 331P - Money and Banking
– ECON 397CP - Current Macroeconomic Issues
– ECON 302P - Microeconomic Analysis
– SOC-SCI 397B - The Economics of Public Process
– ECON 353 - Financial Analysis and the Economy
– SOC-SCI 395B - The Economics of the Law
– SOC-SCI 305P - Economic Principles and Application of Accounting
– SOC-SCI 438P - Labor History and Economic Policy
– HISTORY 400Z - Topics: KC Labor History
– ECON 486 - Labor Economics
– SOC-SCI 490C - Readings in Labor Economics
– HMNTY 401PW - Culture of the Working Class