May 27, 2023

2017-2018 Undergraduate Catalog

2017-2018 Undergraduate Catalog [NOTE!!!! THIS IS AN ARCHIVED CATALOG. FOR THE CURRENT CATALOG, GO TO CATALOG.NIU.EDU]

Economics (B.A. or B.S.)

The student learning outcomes for this degree are located at http://www.niu.edu/assessment/clearinghouse/outcomes/index.shtml.

Check departmental information for any additional requirements.

Requirements in Department (33-34)

ECON 260 - Principles of Microeconomics Credits: 3
Available for general education credit.
ECON 261 - Principles of Macroeconomics Credits: 3
Available for general education credit.
ECON 360 - Intermediate Microeconomics Credits: 3
ECON 361 - Intermediate Macroeconomics Credits: 3

For the B.A. Degree

Select from economics courses at the 300 or 400 levels (21)

For the B.S. Degree

ECON 390 - Basic Econometrics and Economic Applications Credits: 3
AND ECON 390A - Basic Econometrics Laboratory Credits: 1
OR ECON 393 - Introduction to Mathematical Methods in Economics Credits: 3
AND ECON 393A - Mathematical Economics Laboratory Credits: 1
- Select from economics courses at the 300 or 400 levels (18)

Requirements outside Department (B.A., 3-16; B.S., 11-14)

For the B.A. degree

Fulfillment of B.A. foreign language requirement (0-12)
(See “Foreign Language Requirement for the B.A. Degree.”)

STAT 208 - Basic Statistics Credits: 3
Available for general education credit.
OR STAT 301 - Elementary Statistics Credits: 4
OR UBUS 223 - Introduction to Business Statistics Credits: 3

For the B.S. degree

One of the following groups (11-14)

Either

CSCI 210 - Elementary Programming Credits: 4
OR CSCI 240 - Computer Programming in C++ Credits: 4
MATH 210 - Finite Mathematics Credits: 3
Available for general education credit.
MATH 211 - Calculus for Business and Social Science Credits: 3
Available for general education credit.
STAT 301 - Elementary Statistics Credits: 4

Or

MATH 229 - Calculus I Credits: 4
Available for general education credit.
and
MATH 230 - Calculus II Credits: 4
STAT 350 - Introduction to Probability and Statistics Credits: 3

Total Hours for a Major in Economics: 36-49 (B.A.) OR 44-47 (B.S.)

Recommendations

The Department of Economics strongly recommends that students planning to pursue an advanced degree in economics select group 2 from the requirements outside the department. Such students are also urged to take:

ECON 490 - Economic Statistics and Econometrics Credits: 3
ECON 491 - Mathematical Methods for Economics Credits: 3

Emphasis 1. Financial Economics (B.S. only) (50)

The emphasis in financial economics is designed for students who wish to undertake a program of study in the economics of the financial sector. The requirements for the emphasis include all of the requirements for a B.S. in Economics in addition to courses specific to the economic analysis of financial activity.

Requirements in Department (35)

ECON 260 - Principles of Microeconomics Credits: 3
Available for general education credit.
ECON 261 - Principles of Macroeconomics Credits: 3
Available for general education credit.
ECON 360 - Intermediate Microeconomics Credits: 3
ECON 361 - Intermediate Macroeconomics Credits: 3
ECON 370 - Current Economic Issues Credits: 3
ECON 390 - Basic Econometrics and Economic Applications Credits: 3
ECON 390A - Basic Econometrics Laboratory Credits: 1
ECON 393 - Introduction to Mathematical Methods in Economics Credits: 3
ECON 393A - Mathematical Economics Laboratory Credits: 1
ECON 489 - Seminar in Economic Analysis Credits: 3
ECON 490 - Economic Statistics and Econometrics Credits: 3
ECON 492 - Research Methods in Economics Credits: 3
Select from economics courses at the 300- or 400-level (3)
Recommended: ECON 484X - Financial Derivatives Credits: 3
OR STAT 484 - Financial Derivatives for Actuaries Credits: 3

Requirements outside Department (15)

CSCI 240 - Computer Programming in C++ Credits: 4
MATH 229 - Calculus I Credits: 4
Available for general education credit.
MATH 230 - Calculus II Credits: 4
STAT 350 - Introduction to Probability and Statistics Credits: 3
Available for general education credit.