2000-2001 UAF Catalog

Economics

College of Natural Resource Development and Management
School of Management
Department of Economics
(907) 474-7119

Degrees: B.A., B.B.A.

Minimum Requirements for Degrees: B.A.: 120 Credits; B.B.A.: 130 Credits

Economics is the study of social activities concerned with the production, distribution and consumption of goods and services. In today's complex world, nearly all social phenomena and problems have economic aspects. Organized knowledge of the functioning of our economy and its relations with other economic systems is therefore essential to an understanding of the world in which we live.

The department has an undergraduate instructional goal that's threefold: to provide students with basic tools of analysis, and factual, statistical, and descriptive materials which will assist them in discharging their duties as citizens; to introduce students majoring in economics to the various fields of economics to prepare them for positions in business, government and for graduate study; and to offer a course of study suitable for a minor in economics.

Undergraduate Program

Major

Economics -- B.A. Degree

1. Complete the general university requirements. (As part of the core curriculum requirements, complete: MATH 262X*.)
2. Complete the B.A. degree requirements. (As part of the B.A. degree requirements, complete: MATH 161*, ECON 200* and 3 credits of a political science elective.)
3. Complete the following foundation requirements:*
   ACCT 161 -- Accounting Concepts and Uses I (3 credits)
   ECON 227 -- Intermediate Statistics for Economics and Business (3 credits)
   ECON 321 -- Intermediate Microeconomics (3 credits)
   ECON 324 -- Intermediate Macroeconomics (3 credits)
   ECON 463W -- International Economics (3 credits)
   STAT 200 -- Elementary Probability and Statistics (3 credits)
   Economics electives at the 300-level or above** (18 credits)
4. Minimum credits required (120 credits)

Economics -- B.B.A. Degree

1. Complete the general university requirements. (As part of the core curriculum requirements, complete: MATH 262X*.)
2. Complete the B.B.A degree requirements.
3. Complete AIS 101* or demonstrate computer literacy by testing before completing 30 credit hours.
4. Complete the following program (major) requirements:*
   ECON 321 -- Intermediate Microeconomics (3 credits)
   ECON 324 -- Intermediate Macroeconomics*** (3 credits)
   ECON 463W -- International Economics (3 credits)
   Economics electives **** (15-18 credits)
   Political science elective (3 credits)
5. Complete a minor complex (optional) or 20-21 free electives.*****
6. Minimum credits required (130 credits)

* Student must earn a C grade or better in each course.

** Up to 6 credits of the following courses may be included: BA 325, 343 and 360. At least 6 credits of electives must be in courses designated as writing intensive (W).

*** If not taken in the B.B.A. Common Body of Knowledge (CBK).

**** Only 15 credits of economics electives are required if ECON 350 is taken as part of the CBK. At least 6 credits must be taken in courses designated as writing intensive (W).

***** Some of the 21 credits of free electives may be taken in the School of Management. Fifty percent of credits required for the B.B.A. degree must be completed outside the School of Management. The introductory computer literacy course, ECON 100X, ECON 200, and ECON 227 are considered outside the School of Management in the application of this regulation. The number of free electives permitted varies with the B.B.A. option selected. The minor may not be from the School of Management.

Note: The B.B.A. degree requires 50% of the accounting, business administration and economics credits to be earned in residence at the University of Alaska Fairbanks.

Minor*

1. Complete the following:
   ECON 200 -- Principles of Economics (4 credits)
   Approved economics courses at the 300-level or above (12 credits)
2. Minimum credits required (16 credits)

* All minor programs must be approved by the head of the economics department.