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Economics DepartmentEngineering 2, 401Santa Cruz, CA 95064
Undergraduate Program
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Degree Requirements MAJOR REQUIREMENTSStudents who major in economics are required to take course 1, Introductory Microeconomics: Resource Allocation and Market Structure; course 2, Introductory Macroeconomics: Aggregate Economic Activity; courses 11A and 11B, Mathematical Methods for Economists (or equivalent, see below); Applied Math & Statistics course 5, Statistics; course 100A (or 100M), Intermediate Microeconomics; course 100B (or 100N), Intermediate Macroeconomics; course 113, Introduction to Econometrics; and five additional upper-division courses in the major*. Courses 191, 192, 193, and 198 may not be used to meet major requirements. Either course 195 or 199 may be used to fill one of the five upper-division major requirements.*Students must include at least 3 from the following list:
Mathematics requirement: Successful completion of Economics 11A and 11B, Mathematical Methods for Economists (or equivalent; two quarters) and Applied Mathematics and Statistics (AMS) 5, Statistics, is required of all economics majors. Economics 11A and 11B are prerequisite to Economics 100A/M, Intermediate Microeconomics and 100B/N, Intermediate Macroeconomics. Economics 11B and AMS 5 are prerequisite to Economics 113, Introduction to Econometrics. Therefore, students are advised to take Economics 11A-B or its equivalent as early as possible in their undergraduate career. Mathematics 11A-B, Calculus with Applications (two quarters) with Mathematics 22, Introduction to Calculus of Several Variables or Mathematics 19A-B, Calculus for Science, Engineering, and Mathematics (two quarters) with Mathematics 22, Introduction to Calculus of Several Variables are acceptable equivalents to Economics 11A-B. Students should not attempt to meet the requirement by combining courses from the economics and math sequences. Students must complete whichever sequence they begin. Students planning to do graduate work in economics or business should seriously consider more intensive mathematical training (consult adviser). Students who are committed to the major early in their academic career or who are considering the combined B.A./M.S. program should plan to complete Economics 1, 2, 11A, 11B, and AMS 5 by the end of their sophomore year. Students planning to do graduate work in economics or business should seriously consider additional work in mathematics. A suggested program would include the following: Economics 1, 2; Mathematics 11A-B or 19A-B, 21, 22, 24; Economics 100A/M, 100B/N, 113, 114, 115, and three other upper-division courses in economics. COMPREHENSIVE REQUIREMENTA comprehensive examination is required of all business management economics, economics, or global economics majors.The comprehensive requirement may be satisfied in one of the following ways:
MINOR REQUIREMENTSStudents earn a minor in economics by completing all of the requirements for the major with the following exceptions.
DUAL DEGREEThe Applied Economics and Finance Master's Dual Degree program is an accelerated program whereby an undergraduate economics major can earn a B.A. in Economics and an M.S. in Applied Economics and Finance after a fifth year of study. Students begin to take graduate courses in their senior year while maintaining undergraduate status, thus simultaneously earning both undergraduate and graduate credit. In the fifth year, they are officially enrolled as graduate students. The program has been very successful for many years in preparing students for careers in business, government or consulting. Advance planning for the program is essential. Students must complete most of the course requirements for the BA in economics, as well as having adequate preparation in mathematics, by the end of the junior year. Students should plan to complete Economics 100A (or 100M), 100B (or 100N)and 113, three upper division economics courses, and all general education requirements before their senior year. Because students in the pathway take two graduate level courses per quarter (instead of the usual three which constitute a full-time undergraduate load) pathway students must plan ahead to be sure to be able to graduate by the end of their fourth year.A minimum of two quarters of calculus and one quarter of statistics (AMS 5) is required. The math requirement is usually met by taking Economics 11A & 11B, or Math 11A-B & 22 (or 23A) or Math 19A-19B & 22 (or 23A). Mathematics 21 (Linear Algebra) is also recommended. In addition, students find that previous experience with the UNIX text editor and some statistical software (e.g. TSP, SAS) is helpful. Economics 186/210A is strongly advised. It is taught in the late summer, before the beginning of Fall quarter, with credit given during fall quarter.
Students interested in the program should take the GRE General Test no later than January of their junior year to be admitted the following fall. Students may enter the dual degree program in the Fall quarter only. Applicants must demonstrate an ability to do graduate level work by having an excellent academic record, three letters of recommendation, and excellent GRE scores. Application forms and a program brochure are available in the Economics Graduate Office, 401 Engineering 2. Applications are due to the Department no later than February 15th of your junior year. Students interested in this program should contact:
DECLARING THE MAJOR
Students may be advised by their faculty advisor to alter the plan to achieve greater breadth or concentration and will be encouraged to select related courses from other departments which complement their interests in Economics. A plan of study may later be modified. Students who wish exemptions from a requirement or wish to apply courses taken elsewhere to these requirements should discuss this process with the Undergraduate Assistant. These substitutions or exemptions must be noted on a declaration worksheet. After all the necessary signatures have been obtained, the petition will be forwarded to the student's college. Students will be unable to enroll the beginning of their Junior year if they have not yet declared a major. Declaration of Major/Minor Deadlines for 2009-2010: In order to meet campus deadlines and to be effective for advance enrollment for the following quarter, a completed declaration form must be in the Academic Programs office by the following dates: Friday, October 23, 2009 - effective for Winter 2010 Friday, February 5, 2010 - effective for Spring 2010 Friday, April 30, 2010 - effective for Fall 2010
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