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Economics DepartmentEngineering 2, 401Santa Cruz, CA 95064
Undergraduate Program
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| Program Description Home ADMISSION INTO ECONOMICS MAJOR AND MINORThe Economics Department administers three undergraduate majors: Economics, Business Management Economics, and Global Economics. The admission requirements are the same for all three.Students must take the following two courses prior to petitioning for entry to an Economics major: Economics 1 (introductory microeconomics), and Economics 2 (introductory macroeconomics). Equivalent courses may be taken at other universities or at community colleges. Transfer students may have these requests reviewed by the Department prior to matriculation at UCSC. All students with a combined grade point average (GPA) of 2.8 in courses 1 and 2 will be eligible to declare the major. Students with a GPA below 2.8 in these courses may be allowed to declare at the discretion of the department. Students may submit a GPA letter of appeal. GPA appeals will be reviewed three times per quarter: the third, the fifth, and the seventh week of instruction with a four-day turnaround. Please come by the Economics Office, Engineering 2, Room 401, to receive guidelines on the appeal process. ECONOMICS GPA APPEAL DEADLINES Students should take courses 1 and 2 for letter grades. In the case of courses taken on a Pass/No Pass basis, the department will use “shadow grades,” assigned by the instructor but not reported to the Office of the Registrar, in its assessment of eligibility for the major. Courses for which a grade of W is given are not included in the computation of the GPA. If courses 1 or 2 are repeated, the department will evaluate the grades from the first attempt in determining whether students qualify for admittance to any major. Students may petition for admission to the major by completing the Declaration of Major Petition, and by supplying evidence of their performance in the two pre-major courses. For purposes of advising, students who are interested in pursuing an economics major are encouraged to declare the pre-economics major with the understanding that this does not automatically provide entry to the economics major. Appeal of Negative Decisions: Appeals of negative decisions must be submitted to the Economics Department in writing within 30 days of notification that entrance into the major was denied. Letters of appeal should describe any extenuating circumstances that might affect the student’s record. ECONOMICSEconomics students study a substantial core of economic theory and mathematical and statistical methods. The required core courses may be combined with electives in a general economics major program especially suitable for students who plan to enter law school or other specialized programs emphasizing areas such as applied economics, environmental economics, public policy, political economy, international economics, third world issues and economic development, and quantitative methods.The economics curriculum begins at the introductory level; no specific high school preparation is required. All students who major in economics are required to take the following Economics courses:
**Students must include at least 3 from the following list:
Courses 191, 192, 193, 193F, 198, and 198F 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. NOTE: Students who fail either Economics 100A (or 100M) or 100B (or 100N) or 113 twice will be disqualified from the major. Students who are disqualified will be notified by the first day of instruction of the quarter following the disqualifying failure. The Registrars office and the college will also be notified of the disqualification. The MINOR IN ECONOMICSStudents earn a minor in economics by completing all of the requirements for the major with the following exceptions:
Courses 191, 192, 193, 195, and 198 may not be used to meet minor requirements. Economics 199 may be counted only once toward the upper-division minor requirements. BUSINESS MANAGEMENT ECONOMICSStudents interested in Business and Management may wish to follow the major in Business Management Economics. The major provides disciplinary structure and focus for the interests and needs of the growing number of students who are interested in business and management.The major has several important elements. First, it combines the strong analytic approach of economics with the technical aspects of management. Second, it recognizes that computing has become intrinsic to business and will continue to be an essential skill for those who wish to enter this field. Students in this concentration will gain knowledge about using computing as a tool for analysis of economic, statistical and financial data. Third, the major strongly recommends that students complete an Economics field placement to obtain practical experience. These field placements arranged with the Economics Field Study staff, provide an excellent way to apply academic economics, business and management to issues and problems in the real world. And fourth, students gain important written and verbal communication skills, which are vitally important in business.
A DETAILED DESCRIPTION OF THE BUSINESS MANAGEMENT MAJOR Core Requirements: All students are required to take the same core courses as Economics and Global Economics majors:
Electives:
Students are required to take 6 of their upper-division courses from the following areas:
Upper-Division Economics Courses: Choose TWO (2) additional upper-division economics courses from any courses NOT listed above. Economics 191, 192, 193, and 198 may not be used to meet major requirements. Economics 195 or 199 may be used to fill one of the upper-division electives, with department approval.
Additional Requirements: Computer Literacy
One quarter of field study is strongly recommended. Placements and credit for Economics 193 or 198 arranged through the Economics Field Study Coordinator. GLOBAL ECONOMICSGlobal Economics majors study economics in the context of a particular geographic area, incorporating language study, area study, and study abroad into their academic plan. Students who complete the program will develop a sound understanding of economics in an international context, focusing particularly on one geographic area. The program also increases the educational opportunities of undergraduates to develop critical thinking skills and gain experiential learning opportunities in the area of international economics. Employment opportunities for well-trained graduates in Global Economics are excellent in government, international trade and finance, and industry.Admission to the Major: All global economics students are eligible to apply to specified EAP programs as long as they are in good standing and have the permission of the Director of Undergraduate Study. Students who are not accepted to a study abroad program or who do not meet the foreign language or area study requirements are advised to complete the general economics major as a fallback alternative. Economics Requirements: All students will be required to meet the general requirements of the economics major:
Additionally, students must take TWO (2) comparative or international economics courses from the list that follows. Note that at least one of the courses must be either Econ 120, Economic Development; Econ 140, International Trade; or Econ141, International Finance.
Students must also take THREE (3) additional upper-division economics courses from the list of all upper-division courses offered by the Economics Department. In certain cases, particular upper-division electives may be designated to meet more specific concentrations, such as international business or development. Area Studies Requirement: Students meet the area study requirement by taking two courses from a selected group of courses from other departments which focus on the history, political economy or culture of some other part of the world. Unless there is a specified reason, the two courses typically concern themselves with a particular area of the world in which the student's language study and overseas study are concentrated. The Department provides a list of approved courses (PDF). Substitutions from this list are welcomed when they are part of the students overseas program or from other UCSC courses approved by the Director of Undergraduate Study. Foreign Language Study: Global Economics requires evidence of proficiency in a language other than English. Students can meet this requirement by completing two years of university level language courses up to UCSC level 6 or by demonstrating an equivalent level of competence through a recognized language test. The intention of this requirement is for students to have enough fluency to read, write and speak with others in a language which is relevant to their study area. There are numerous possible major languages. The Department will make an effort to help students demonstrate proficiency in the language of their choice. Language placement and competency tests available on campus will be used. In the case of languages not taught on this campus (for example Korean or Swahili) arrangements will be made for proficiency verification with other members of the faculty, or with community members who have language ability in selected areas. Two-years of language study is standard, although we recognize that certain intensive language programs such as the UCSC Summer Language Institute or overseas EAP language study may be weighted more heavily. Study Abroad: All students are required to spend at least one semester in overseas study in an approved course of study, usually but not necessarily through the UC Education Abroad Program (EAP). Numerous overseas study sites are available through the EAP office. Students may also choose a year-long program. Use of these programs requires full application to EAP. As the course offerings at the various EAP centers differ, the student will want to plan carefully the appropriate plan of study. The student may use the time spent abroad to further language study, to meet the Area Study course requirement, or to meet some of the upper-division economics course requirements. Programs other than the UC EAP study abroad program must be approved by the Director of Undergraduate Studies to ensure that credit earned is transferrable toward the UCSC degree. One such program with which we work closely, is the Campus Abroad Program at Foothill College, which offers paid summer jobs and internships in Europe, South America, and Asia. COMBINATION MAJORSThere are three combined majors available: Economics and Mathematics, Environmental Studies and Economics which is administered by the Environmental Studies Department, and Latin American and Latino Studies and Global Economics which is administered by the Latin American and Latino Studies Department.ECONOMICS AND MATHEMATICSThe major in Economics and Mathematics is designed to meet the needs of undergraduate students who plan to pursue doctoral study in economics or business, or who wish to pursue a career as an actuary or other profession requiring a sophisticated understanding of economics and mathematics. The major combines the main undergraduate content of both Economics and Mathematics within a programmatic structure that joins the two disciplines. It provides a coursework combination necessary to prepare for a modern Economics PhD program, or for a technically demanding professional career.
A DETAILED DESCRIPTION OF THE ECONOMICS AND MATHEMATICS MAJOR Economics Required Courses:
Economics Electives (choose three from the following list):
Mathematics Required Courses:
Mathematics Electives (choose two from the following list):
Comprehensive Requirement:
Major Admission Requirements:
The admission requirements for the Economics and Mathematics major are the same as for the other economics major programs.
Major Disqualification Policy:
Students may appeal their disqualification by submitting a letter to the Economics Department. This appeal must be filed no later than 15 days after the disqualification notification was mailed, or the 10th day of classes in the quarter of their disqualification, whichever is later.
Additional Preparation for the Major:
Environmental Studies and Economics: This major is intended to provide students with the basic tools of economics analysis and an understanding of the mechanics of resource production, conservation, and use, in both ecological and economic terms. Students take the following required courses: Economics 1, 2, 11A, 11B, 100A (or 100M), and 113; Anthropology 2 or Sociology 1 or 15 or Philosophy 22, 24, or 28; and Environmental Studies 23, 24, 25, 100, and the senior-year capstone course (190). In addition, students must complete six elective courses from the following, with at least three courses from each discipline: Economics 100B (or 100N), 101, 102, 114, 115, 120, 128, 130, 131, 133, 134, 135, 136, 138, 139A, 139B, 140, 141, 142, 150, 152, 153, 156, 160A, 160B, 161A, 162, 165, 169, 180, 181, 183; and Environmental Studies 104, 107A-C (can only apply one toward major), 108, 109A-D (can only apply one toward major), 110, 115A, 120, 122, 123, 129, 130A/L, 130B, 131, 133, 138, 140, 141, 143, 144, 145, 148, 149, 150, 151, 152, 153, 156, 157, 158, 159, 160, 161A, 162, 163, 165, 166, 167, 168, 172, 173, 175, and 179. One of the three environmental studies electives must be based in the natural sciences. The comprehensive requirement must be met by completing the Environmental Studies 190 capstone course and, for economics, either by passing Economics 100A and 113 or, with consent of an instructor, completion of a senior thesis. Inquiries regarding this major should be directed to Maria Ruby (mruby@ucsc.edu or 831-459-5004) in the Environmental Studies Department. Latin American and Latino Studies and Global Economics: Students complete a total of seven lower-division requirements for the Latin American and Latino Studies and Global Economics major: Latin American and Latino Studies 1, 80A, 80C (or other LALS 80), History 34 or 35, Economics 1, 2, 11A, and 11B. Upper-division requirements include Economics 100A (or 100M), 100B (or 100N), and 113; Latin American and Latino Studies 100A and 100B; and five additional electives: two from economics and three from Latin American and Latino Studies. Two of the upper-division courses must be taught in Spanish (or Portuguese). Language requirement: demonstrated proficiency in Spanish or Portuguese (equivalent to two years of university-level language courses or by demonstrating an equivalent level of competence through a recognized language test). Study abroad requirement: At least one quarter (2-4 courses) of internship, academic work or field study abroad in a Spanish or Portuguese speaking country. Time abroad can be used for language study or to take courses which will count as electives for the combined major. Inquiries regarding this major should be directed to Alessandra Alvares (aalvares@ucsc.edu or 831-459-2119) in the Latin American and Latino Studies Department.
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