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Economics

College of Letters and Science
Sally Trainer , Division of Business and Economics
UW - Stevens Point, Stevens Point, WI 54481
(715) 346-2384
Email: dbeadvis@uwsp.edu


Division of Business & Economics Webpage: http://www.uwsp.edu/business


Catalog page: http://www.uwsp.edu/news/uwspcatalog/Mecon.htm

Cartoon of people climbing up a graph

Introduction
Economics is the social science which studies how choices are made by individuals and society to allocate scarce resources such as natural resources, manufactured goods, services, financial resources, time and labor talents. The study of economics provides a basic understanding of the world we live in, as we are all impacted by economic forces.

Why Study Economics at UWSP?
An economics major is essential for students preparing for careers and further education in economics. An economics major also provides students with the theoretical foundations used in a wide variety of other disciplines, such as business, financial fields, political science, public policy, legal studies and natural resources. Those students who major in economics may obtain a teaching certificate.

High School Preparation
To prepare for a major in economics, high school students should focus on mathematics and economics courses.

Department Features
The teaching faculty for this program represents expertise in many subjects, for example, micro and macro economics, financial systems and institutions, international trade and finance, regional economics, development, poverty, social welfare, industrial organization, public economics and labor. The latest technologies are integrated into each classroom and each instructor’s preparation.

Career Opportunities
Graduates in Economics have a wide range of job opportunities in both domestic as well as international business and government, for example, banking, economic and community development, utilities, insurance, manufacturing, forecasting and research. Students planning graduate study at the masters or doctorate level should include additional preparation in advanced mathematics and statistics as well as advanced courses in economics.

Sample Program of Study for the Economics Major
The Economics major consists of 38 credits. For both the Economics major and minor, the student must maintain at least a 2.25 cumulative grade point average in ALL required and elective courses in the Economics major and minor. Students failing to maintain the 2.25 GPA may be dropped from the major. The following sample program of study is taken from the catalog.

Freshman Year

First Semester Credits Second Semester Credits
Freshman English 101 3 Freshman English 102 3
Political Science 101 3 Biology, Chemistry, Geography or Physics 101 5
Religious Studies 100, 101, 102, 105, or 107 3 Communication 101 2
Music 100, 102, 103 or 105 3 Math 109, 111 or 120 4
Health Promotion/Wellness 102 2 Aerobic Activity/Wellness 1
Library Resources 101 1    
Total 15 Total 15

Sophomore Year

Math 355 or equivalent statistics course 4 Accounting 211 (Managerial) 3
Biology, Chemistry, Geography or Physics 101 5 History 211 or 212 as Writing Emphasis 3
Economics 210 (Macro) 3 Geography 100 3
Accounting 210 (Financial) 3 Sociology or Anthropology 101 3
    Principles of Microeconomics - Econ 211 3
Total 15 Total 15

UWSP Economics Graduates at work

Research and Forecasting
Government Agencies

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Teaching
Primary and Secondary
Educational Institutions

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Economic Advising
Financial Institutions

Recommended: Introductory Financial Accounting - 210

For an Economics Major/Teaching Certificate, a minimum of 34 credits must be in courses designated "Economics" and Natural Resources 370, a legislated requirement. Recommended GDR electives: Hist 211 and 212.

The Economics minor consists of 22 credits, including Econ 210, 211, Math 355 or equivalent, and 15+ credits of Economics electives. A minor for teaching certification requires 24 credits. Recommended GDR electives: Hist 211 and 212.

During the Junior and Senior years of the Economics program, students complete the following required courses:

  • Money and Financial Markets - Econ 360
  • Microeconomic Theory - Econ 350
  • Macroeconomic Theory - Econ 361
  • Environmental Quality & Resource Development - Econ 341
  • 5 elective economics courses (300-level)

Additional recommended courses are:

  • Accounting 210
  • Accounting 211
  • Natural Resources 370
  • English 351
  • Econ 345
  • Econ 362
  • Econ 365
  • Econ 374

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Revised: July 2007 Copyright © 1998 UWSP Admissions. All rights reserved.
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