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The University of Maine    
 
    
 
  Sep 20, 2017
 
2016-2017 Undergraduate Catalog [ARCHIVED CATALOG]

Economics


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Overview of Degree Requirements - B.A.

Minimum number of credits required to graduate: 120

Minimum Cumulative GPA required to graduate: 2.0

Minimum Grade requirements for courses to count toward major: A “C-” or better is required in ECO 120, ECO 121,  ECO 321, and ECO 350 (or ECO 420), . A “C” or better is required in the capstone courses (ECO 489 or approved substitute).

Other GPA requirements to graduate: Economics (ECO) coursework must be completed with a 2.0 cumulative average.

Required Course(s) for fulfilling Capstone Experience:  ECO 489 or approved substitute

Contact Information: Karen Moffet, School of Economics, 206 Winslow Hall, (207) 581-3154. 


Programs in the School of Economics emphasize the application of economic reasoning to public policy development and to private decision-making. The curriculum in economics includes courses that focus on the understanding of both American economic institutions and international economic institutions. The faculty of the School of Economics brings a broad set of experiences and perspectives that provide students with diverse learning opportunities. At the undergraduate level, the program strives to develop in students the analytic skills that will prepare them to succeed in a variety of career or advanced educational settings.

The Bachelor of Arts in Economics is a program that trains students in economic analysis and the functioning of economic institutions. The program emphasizes public economic policy, both domestic and international. The major offers students valuable preparation for a variety of career paths. Students may design their programs of study:

  1. for immediate entry upon graduation into business, government, or other employment;

  2. for graduate education leading to a business administration or law degree;

  3. for graduate work in economics or related disciplines.

Students are required to work with their advisors on selecting appropriate economics electives in addition to the required economics core. Students are also encouraged to discuss career or graduate school preparation with their advisor.

B.A. Requirements


Students must complete a total of 27 credits in Human Values and Social Contexts, 12 credits of which must be at the 200 level or above. A minimum of 30 credits must be completed through the University of Maine at the 300 level or higher and a minimum of 18 economics (i.e. ECO) credits must be completed through the University of Maine at the 300 level or higher.  Students must complete the following:

1. Economics Core Courses


B.A Requirements

2. Twenty-one (21) additional credit hours in ECO courses.


A minimum of nine (9) credits must be at the 300 level or higher, 6 of which must be at the 400 level or higher (not counting the core above or capstone).  ECO 485, Introduction to Economic Statistics and Econometrics, is strongly recommended for students considering graduate study in economics. 

3. Mathematics Requirement.


One of the following:

5. Free Electives:


Students will complete approximately 28 credits of electives, depending on individual programs; 18 credits must be completed at the 300 level or higher though an exception will be made if a student has a double major or minor.

A Typical Four-year Program in Economics (BA)


(Listed below is the sequence for economics courses. Students meet with their Faculty Advisor to fill in remaining schedule with General Education courses, free electives and other requirements.)

Third Year


Fourth Year


B.S. Requirements


Overview of Degree Requirements - B.S.

Minimum number of credits required to graduate: 120

Minimum Cumulative GPA required to graduate: 2.0

Minimum Grade requirements for courses to count toward major: A “C-” or better is required in ECO 120, ECO 121, ECO 321 and ECO 420. A “C” or better is required in the capstone course (ECO 489 or approved substitute).

Other GPA requirements to graduate: Economics (ECO) coursework must be completed with a 2.0 cumulative average.

Required Course(s) for fulfilling Capstone Experience:  ECO 489 or approved substitute

Contact Information: Karen Moffet, School of Economics, 206 Winslow Hall, (207) 581-3154.
 


Programs in the School of Economics emphasize the application of economic reasoning to public policy development and to private decision-making.  The curriculum in economics includes courses that focus on the understanding of both American economic institutions and international economic institutions.  The faculty of the School of Economics brings a broad set of experiences and perspectives that provide students with diverse learning opportunities.  At the undergraduate level, the program strives to develop in students the analytic skills that will prepare them to succeed in a variety of career or advanced educational settings.
The Bachelor of Science in Economics curriculum is designed to place a greater emphasis on analytical and mathematical techniques.  The major offers students valuable preparation for a variety of career paths.  Students may design their program of study:

1. for immediate entry upon graduation into business, government, or other employment;

2.  for graduate education leading to a business administration or law degree;

3. for graduate work in economics or related disciplines.

Students are required to work with their advisors on selecting appropriate economics electives in addition to the required economics core.  Students are also encouraged to discuss career or graduate school preparation with their advisor.

BS Requirements:


A minimum of 30 credits must be completed through the University of Maine at the 300 level or higher and a minimum of 18 economics (i.e. ECO) credits must be completed through the University of Maine at the 300 level or higher.  Students must complete the following:

1. Economics Core Courses


2. Twenty-one (21) credit hours of Economics (ECO) Electives


Students are required to work with their advisor to select 21 credit hours of Economics Electives.  A minimum of 15 credit hours must be at the 300 level or above, 12 of which must be at the 400 level or higher.

3. Twenty-one (21) credit hours of Concentration Electives


Students pursuing the B.S. in Economics must declare a concentration (see below).  Course should be determined with advisor, and be appropriate towards completion of a concentration.  Some courses outside of the department may be used towards concentration electives.  A minimum of 15 credit hours must be at the 300 level or above, 12 of which must be at the 400 level or higher.

Students will select one of the following concentration areas:

  • Renewable energy economics: The purpose of this concentration is the opportunity to focus on renewable energy options and the key role economics plays in making energy decisions.  Students pursuing this concentration will take pertinent policy and science/engineering courses along with key economics courses.  Required course: ECO 405.
  • Resource and Environmental Economics and Policy:  The purpose of this concentration is to focus on the economic implications and drivers of natural resource and environmental decisions.  Students pursuing this concentration will take pertinent policy and science courses along with key economics courses.  Required courses: ECO 381, 477.
  • Agribusiness Administration:  The purpose of this concentration is to obtain the skills necessary to manage an agricultural business.  Students pursuing this concentration may pursue business courses in addition to their economics work.  Required course: ECO 254
  • Individualized Concentration: This concentration is for advanced students who are interested in assembling a selection of courses to meet a topical focus not offered in other concentrations.  For example, a student might concentrate in quantitative and statistical methods.  Students taking the 4+1 program should select the individualized concentration unless other concentrations can be accommodated or preferred.  This concentration must be approved by your advisor and the School of Economics director.

4. Mathematics Requirement


Student must complete:

5. Statistics Requirement


6. Free Electives:


Students will complete approximately 18 credits of free electives, depending on individual programs.

A Typical Four-year Program in Economics (BS)


(Listed below is the sequence for economics courses. Students meet with their Faculty Advisor to fill in remaining schedule with General Education courses, free and concentration electives and other requirements.)

Third Year


Fourth Year


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