Economics
School of Management
Department of Economics
(907) 474-7119
Minimum Requirements for Degrees: B.A.: 120 Credits; B.B.A.: 130 Credits
Economics is the study of those social activities which are 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 considers the goal of its undergraduate instruction to be threefold: (1) to provide students with basic tools of analysis, and factual, statistical, and descriptive materials which will assist them in discharging their duties as citizens; (2) to introduce students majoring in this department to the various fields of economics in order to prepare them for positions in business, government, and graduate study; and (3) to offer a course of study suitable for a minor in economics.
The Department of Economics offers work leading to the master of science degree in resource economics. The graduate program in economics is designed to develop economists for research and administrative positions in business, governmental agencies and other organizations. Graduate courses and seminars are offered in economic theory, econometrics, mathematical economics and resource economics.
All B.B.A. majors must earn a "C" or better in all Common Body of Knowledge courses, department specific general requirements, major specific requirements, and specific math and statistics requirements.
Admittance to 300 or 400 level School of Management courses will be granted only to students with upper division standing.Others will be admitted only with the written permission of the appropriate department head. Students enrolling in School of Management courses are expected to have completed the necessary prerequisites for each course. A $25.00 per semester student computing facility user fee will be assessed for any student taking one or more School of Management courses (ACCT, AIS, BA and ECON) . This fee is in addition to any lab/material fees. B.B.A. students must, during their first 30 hours, attain computer literacy by either testing or earning a "C" or better in a basic computer literacy course.
Undergraduate Degree Requirements
Economics -- B.A. Degree
- Complete general university requirements and B.A. degree requirements. (Complete MATH 262X to meet the mathematics requirement for the core.)
- Complete the following program requirements:
Foundation courses that meet B.A. degree requirements
ECON 200 -- Principles of Economics (4 credits)
MATH 161 -- Algebra for Business and Economics (3 credits)
Political Science elective (3 credits)
Other foundation courses:
ACCT 161 -- Accounting Concepts and Uses I (3 credits)
STAT 200 -- Elementary Statistics (3 credits)
Complete 30 additional credits in Economics including:
ECON 227 -- Intermediate Statistics for Economics & Business (3 credits)
ECON 321 -- Intermediate Microeconomics (3 credits)
ECON 324 -- Intermediate Macroeconomics (3 credits)
ECON 463 -- International Economics (3 credits)
Economics electives (18 credits)
(Must be 300-level or higher. 6 credits of the following courses may be included: BA 325, 343, 360, 423, 461. At least 6 credits of electives must be in courses designated as writing intensive (W) courses.)
Minimum credits required (120 credits)
All majors must earn a "C" or better in all Common Body of Knowledge courses, department specific general requirements, major specific requirements, and specific math and statistics requirements.
Economics -- B.B.A. Degree
- Complete the general university and B.B.A degree requirements.
- Complete the following Common Body of Knowledge (CBK) (31-34 credits):
ACCT 161 and 262 -- Accounting Concepts and Uses (6 credits)
AIS 101 -- Information Systems Technology or demonstrated computer literacy 0-3
AIS 310 -- Intro. to Management Information Systems
or AIS 316 -- Accounting Information Systems (3 credits)
BA 325 -- Financial Management (3 credits)
BA 330 -- Legal Environment of Business (3 credits)
BA 343 -- Principles of Marketing (3 credits)
BA 360 -- Operations Management (3 credits)
BA 390 -- Organizational Behavior (3 credits)
BA 462 -- Corporate Strategy (3 credits)
ECON 324 -- Intermediate Macroeconomics
or ECON 350 -- Money and Banking (3 credits) - Complete the following major complex requirements:
Political Science elective (3 credits)
ECON 321 -- Intermediate Microeconomics (3 credits)
ECON 324 -- Intermediate Macroeconomics (if not taken in CBK) (3 credits)
ECON 463 -- International Economics (3 credits)
Economics electives (15-18 credits)
(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 courses.) - Complete a minor complex (optional) or 20-21 free electives.
(If desired, a portion 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.)
Minimum credits required (130 credits)
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 in Economics:
All minor programs must be approved by the head of the Economics Department. A minor in Economics requires:
- ECON 200 -- Principles of Economics (4 credits)
12 credits in approved economics courses at the 300 level or
above (12 credits)
Total (16 credits)