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New Mexico State University
Undergraduate Catalog
2008-2009

COLLEGE of ARTS and SCIENCES

ECONOMICS and INTERNATIONAL BUSINESS

The Department of Economics in the College of Business offers an economics major to Bachelor of Arts candidates in the College of Arts and Sciences. (Additional information may be found under the Economics and International Business section in the College of Business chapter later in this catalog).

(575) 646-2113

DEGREE: Bachelor of Arts

MAJOR: Economics

MINOR: Economics

The study of economics can lead to career positions in economics and related managerial and technical specialties in businesses, financial institutions, government, and education. Qualified students are also prepared for graduate study in economics, business administration including management, and law. Students who plan to pursue graduate work in economics or to become professional economic analysts should consider taking supplementary courses in accounting, computer science, mathematics, quantitative economics and/or statistics, in addition to those listed below as required.

A student must earn a grade of C or better in both the departmental and nondepartmental requirements.

Nondepartmental Requirements

ACCT 251, Management Accounting; or ACCT 252, Financial Accounting3
MATH 120, Intermediate Algebra3
MATH 142G, Applied Mathematics for the Biological and Social Sciences I3
MATH 121, College Algebra, or MATH 230, Matrices and Linear Programming3
STAT 251, Statistics for the Behavioral Sciences, or E ST 311G, Statistical Applications3

Departmental Requirements

ECON 251G, Principles of Macroeconomics; and 252G, Principles of Microeconomics6
ECON 304, Money and Banking3
ECON 371, Intermediate Microeconomic Theory3
ECON 372, Intermediate Macroeconomic Theory3
ECON 405, Economic Statistics3
ECON 489, Senior Seminar in Economics3

Nine additional credits numbered 300 or above to bring total upper-division in major to 24.

Electives: Sufficient to bring total credits to 128, including 48 upper-division.

MINOR: Economics

A minor in economics consists of 18 or more credit hours of approved course work in economics of which at least 12 are numbered 300 or higher, all completed with a grade of "C" or higher.

Required courses: ECON 251G, Principles of Macroeconomics; and ECON 252G, Principles of Microeconomics (ECON 201 G, Introduction to Economics, may be substituted for one of these with the approval of the department head) 6
One of the following: ECON 304, Money and Business; ECON 372, Intermediate Macroeconomic Theory; or ECON 454 , Business Fluctuations and Forecasting3
One of the following: ECON 401, Managerial Economics; or ECON 371, Intermediate Microeconomic Theory3
The remaining 6 credits may be satisfied with any upper-division economics courses (numbered 300 or higher)6