COLLEGE of BUSINESS
ECONOMICS and INTERNATIONAL BUSINESS
Professor Anthony Popp, department head
Professors Adkisson, Carruthers, Ellis (emeritus), Enomoto, Gegax, Gould, Matta, McGuckin, Peach, D.B. Smith (emeritus), D. W. Smith, Steiner, Willman; Associate Professors Brook, Clason, Daniel, Erickson; Assistant Professor Blank, Lee, McFerrin, Starbuck, Widner; College Professor V. Bullock; College Associate Professor Schmidt
(575) 646-2113
DEGREE: Bachelor of Business Administration
MAJOR: Economics
MAJOR: International Business
DEGREE: Bachelor of Arts in Economics
MAJOR: Economics
MINOR:
- Economics
- Intelligence Studies
- International Business
SHARED MINORS:
- Global Political Economy
- United States/Mexico Border Studies
DEGREE: Bachelor of Business Administration
MAJOR: Economics
This program is especially suitable for students who find economics interesting and who intend, perhaps without additional formal education beyond the Bachelor's degree, to take jobs in business or government. This degree prepares you for a wide variety of jobs including those leading eventually to positions of executive responsibility. It is also appropriate for those who may choose to seek a Master of Business Administration degree after graduation.
Every candidate for this degree must complete the following courses with a grade of C or better: ECON 251G, ECON 252G, E ST 251 or E ST 311G (or the equivalent), and MATH 142G. In addition to completing the general education and foundation courses, the business core courses, Viewing a Wider World and general electives (see above), you must fulfill the following requirements.
Major Courses (24 credits)
| ECON 304, Money and Banking | 3 |
| ECON 371, Intermediate Microeconomic Theory | 3 |
| ECON 372, Intermediate Macroeconomic Theory | 3 |
| ECON 405, Economic Statistics | 3 |
| ECON 489, Senior Economics Seminar | 3 |
| Electives in economics, upper-division | 9 |
MAJOR: International Business
This program is intended for those who plan to work for government agencies or firms with operations abroad or between the United States and foreign countries. The program prepares you for positions requiring knowledge of international payments, foreign exchange markets, world marketing techniques for products, export and import procedures, and international investments.
Every candidate for this degree must complete the following courses with a grade of C or better: ECON 251, ECON 252G, E ST 251 or E ST 311G (or the equivalent), and MATH 142G. In addition to completing the general education and other foundation courses, the business core courses, Viewing a Wider World and general electives (see above), international business majors must fulfill the following requirements.
Major Courses (30 credits)
| I B 351, International Business | 3 |
| I B 450G, International Economics | 3 |
| I B 475, International Finance | 3 |
| Choice of one from ECON 324G, ECON 325G, ECON 330, I B 398, and HON 380G | 3 |
| I B 489, Senior Seminar in International Business | 3 |
| Functional area in business (upper-division courses in a single functional area of business beyond those elsewhere required for the I B major) | 15 |
Other Requirements for the Major
Foreign language: Students must demonstrate oral and written proficiency at the intermediate mid-level according to ACTFL(American Council on the Teaching of Foreign Languages) proficiency guidelines.
International experience requirement: Students must partake of an international experience equivalent to a semester abroad in a university where the language of instruction is not English.
DEGREE: Bachelor of Arts in Economics
MAJOR: Economics
This program is suitable for, among others, students who plan to go onto graduate school in economics, law, business, or other areas. It has the advantage of including a large number of general electives. This feature provides great flexibility to the student who, in addition to completing the courses for a major in economics, may wish to take courses from a wide variety of other subjects of his or her own choosing. Every candidate for this degree must complete the following courses with a grade of C or better: ECON 251G, ECON 252G, E ST 311G (or the eqivalent), and MATH 142G.
General Degree Requirements
| ACCT 251, Management Accounting; or ACCT 252, Financial Accounting | 3 |
| Quantitative economics or foreign language choice (choose "a" or "b" ): (a) ECON 457, Mathematical Economics and ECON 405, Economic Statistics or (b) two foreign language courses numbered 200 or above | 6 |
| E ST 251 or STAT 251, Statistics for Business and the Behavioral Sciences; or E ST 311G, Statistical Applications | 3 |
| MATH 120, Intermediate Algebra (A grade of C or better is required | 3 |
| MATH 121, College Algebra | 3 |
| MATH 142G, Calculus for the Biological and Management Sciences I | 3 |
| Majors in economics must have a grade of C or better in ECON 251G, ECON 252G, E ST 251 or E ST 311G (or the equivalent) and MATH 142G. |
Area I: Communications (10 credits) (Complete one course from each category with a grade of C or better)
| A. ENGL 111G, Rhetoric and Composition or ENGL 111H, Rhetoric and Composition(Honors), or SPCD 111G, Advanced ESL Composition | 4 |
| B. ENGL 203G, Business and Professional Communication; ENGL 211G, Writing in the Humanities and Social Sciences; ENGL 218G, Technical and Professional Communication; ENGL 311G, Advanced Composition; or ENGL 318G, Advanced Technical and Professional Communication | 3 |
| C. COMM 253G, Public Speaking or COMM 265G, Principles of Human Communication or HON 265G, Principles of Human Communication(Honors) or AXED 201G, Effective Leadership and Communication in Agricultural Organizations | 3 |
Area II: Mathematics (3 credits)
| Select E ST 251 or STAT 251, Statistics for Business and the Behavioral Sciences or MATH 121, College Algebra or MATH 142G, Calculus for the Biological Management Sciences I | 3 |
Area III: Laboratory Sciences (8 credits)
| Complete two courses with labs from the approved New Mexico General Education Common Core List | 8 |
Area IV: Social and Behavioral Sciences (6-9 credits)
| Select ECON 251 G, Principles of Macroeconomics and ECON 252G, Principles of Microeconomics and up to one additional course from the approved list. | 6-9 |
Area V: Humanities and Fine Arts (6-9 credits)
| Select two or three courses from the approved list so that total credits from Areas IV and V total 15. | 6-9 |
| *Students planning to do graduate work in mathematical economics or statistics are urged to take MATH 191 and 192, Mathematics for Engineers and Scientists I and II, instead of MATH 142G; and MATH 121. A grade of C or better is required in MATH 191. |
Departmental Core Courses (24 credits)
| ECON 304, Money and Banking | 3 |
| ECON 371, Intermediate Microeconomic Theory | 3 |
| ECON 372, Intermediate Macroeconomic Theory | 3 |
| ECON 405, Economic Statistics, or an economics elective for those taking the quantitative option above | 3 |
| ECON 489, Senior Economics Seminar | 3 |
| Electives in economics, upper-division (not to include ECON 457, used to satisfy the quantitative economics requirement) | 9 |
| Minimum of 12 credits (including any required introductory courses) in an area of concentration other than the major. |
The courses may be taken in any area approved by the head of the department, but the following are recommended: accounting, anthropology, business administration, information systems, finance, management, marketing, computer science, geography, government, history, mathematics, philosophy, or sociology. At least 6 of the 12 credits must be in courses numbered 300 or above unless exception is granted by the department head. Courses taken as part of general degree requirements may be counted in meeting this requirement.
Electives (29 credits)
Viewing a Wider World (VWW) (6 Credits)
All students are required to coomplete two courses designated as Viewing a Wider World from two separate colleges other that the College of Business. A complete listing of approved courses can be found in this catalog under Required Courses.
General Electives
Students must complete additional credits to bring total degree credits to a minimum of 128, upper division credits to 48, and credits outside the College of Business to a minimum of 64. Up to 9 credits of economics and 6 credits of statistics may be counted as outside the college. The number of general elective credits varies by student.
MINOR: Economics
A minor in economics consists of 18 or more credit hours of approved course work in economics (ECON), of which at least 12 are numbered 300 or higher, all completed with a grade of "C" or higher.
Specifically required are Economics 251G and 252G: Economics 201G may be substituted for one of these with the approval of the Head of the Department of Economics. Also required are one course from among Economics 304, 372, and 454, and one course from among Economics 401 and 371. The remaining 6 credits may be satisfied with any upper-division courses (courses numbered 300 or higher) in economics.
MINOR: Intelligence Studies
Available only to College of Business Majors
A minor in Intelligence Studies consists of 18 or more credit hours of approved course work from the following list, all completed with a grade of "C" or higher. At least nine of the credits must be upper division.
This minor supplements the courses in a standard business major with background courses in intelligence studies and additional skill courses and prepares students to work for governmental intelligence agencies or private firms which work with the government on intelligence issues.
Not all these courses are offered by their various departments every semester. Students should check with the advisors and the specific departments to verify when those courses are being offered.
The following courses (9 credit hours) are required for the minor.
| ENGL 318G, Advanced Technical and Professional Communication | 3 |
| PHIL 223G, Ethics | 3 |
| ECON 490, Special Topics, Intelligence Research and Analysis | 3 |
At least 9 credits selected in consultation with the advisor. There are courses offered throughout the university that are pertinent to specific areas of Intelligence Studies. Below are some examples.
| GOVT 380G, Contemporary World Political Ideologies | 3 |
| GOVT 422, Border Security Policy | 3 |
| GOVT 467, Terrorism | 3 |
| ECON 324G, Economic Development | 3 |
| ECON 325G, Economic Development of Latin America | 3 |
| ECON 380G, Comparative Economic Systems | 3 |
| GEOG 281, Map use and Analysis | 3 |
| GEOG 381, Cartography and Geographic Information Systems | 3 |
| MGT 347, Management Functions and Operations | 3 |
| MGT 351, Supply Chain Management | 3 |
| HIST 400, Special Topics: Terrorism | 3 |
| HIST 423, History of U.S. Intelligence | 3 |
| HIST 461, History of the Modern Middle East | 3 |
Credits for academic work done in conjunction with internships related to Intelligence Studies.
Notes:
Students can reduce the total credits required by carefully selecting VWW courses and by using the ethics course to fill the general education requirement in Humanities and Fine Arts. Remember that at least 9 credit hours must be upper division.
MINOR: International Business
A minor in international business consists of 18 or more credit hours of approved course work in the International Business core, all completed with an average grade of "C" or higher.
Specifically, minors in International Business must complete IB 351, ECON/IB 450G, FIN/IB 475, IB 489, one class from ECON 324G, ECON 325G, ECON 330, HON 380, IB 398, plus one other upper-division business course. In addition, IB minors must meet the foreign language proficiency requirement described below.
Students must demonstrate oral and written proficiency in a foreign language at the intermediate mid-level according to the ACTFL (American Council on the Teaching of Foreign Languages) proficiency guidelines. (Process for demonstrating proficiency to be coordinated with the NMSU Department of Languages and Linguistics. Any costs associated with proficiency demonstration will be paid by the student.)
SHARED MINOR: Global Political Economy
This minor is shared with the Department of Government in the College of Arts and Sciences. All courses must be passed with a grade of C or above.
| Core: | |
| ECON 324G, Developing Nations, or ECON/IB 450G, International Economics | 3 |
| GEOG 361G, Economic Geography, or GEOG 362, Geography of International Development, or SOC 458, Globalization; or SOC 478/GOVT 477, Sociology of Development and the World System | 3 |
| GOVT 360, International Relations, or GOVT 486, Political Economy | 3 |
| Electives: 9 credits from the following, at least 6 of which must be outside student's major(s): ACCT 365; International Accounting; AG E 315G/GEOG 315G, World Agriculture and Food Problems; AGHE 380G, Ecosystem Earth: the Impact of Human Activities; ANTH 306G, Peoples of Latin America; ANTH 433/WS 433, Women Gender and Culture; COMM 475, International Communication; ECON 251G, Principles of Macroeconomics; ECON 325G, Economic Development of Latin America; ECON 330G, Business Economy of Mexico; ECON 458, Development of Economic Thought; FIN 475/I B 475, International Managerial Finance; GEOG 328G, Geography of Latin America; GEOG 461, U.S.-Mexico Border Development; GOVT 370, Comparative Politics; GOVT 461, International Political Economy; | |
| GOVT 463, Inter-American Relations; GOVT 464, National Security Policy; GOVT 466, American Foreign Policy; GOVT 472, Politics of Development; GOVT 473, Latin American Politics; GOVT 476, Central American Politics; | |
| GOVT 478, U.S.-Mexico Border Politics; GOVT 479, Mexican Politics; HIST 422, U.S. Foreign Relations since 1914; HL S 465, International Health Problems; HON 380G, Comparative Economic Systems; HON 386G, Women in the Economy; HON 390G, Economic Development of Latin America; I B 317/MKTG 317, International Marketing; I B 351, International Business; I B 398, International Business and Economic Environments; I B 458/MGT 458, Comparative International Management; SOC 361G/ANTH 361G, Social Issues in the Rural Americas; SOC 376G. Social Change; additional core courses; and appropriate Honors, special topics, or subtitled independent studies courses approved by the Department of Government or the Department of Economics and International Business | 9 |
SHARED MINOR: United States/Mexico Border Studies
This minor is shared with the Department of Government in the College of Arts and Sciences. Students must pass 3 courses selected from the core (1 course coming from each of 3 departments), and 3 additional courses selected from either the core, the set of additional courses, or other relevant courses approved by either the Department of Government or the Department of Economics and International Business. At least 9 of the minimum 18 credits must be upper division. All courses must be passed with grades of C or above. Students may not count S/U grades unless all grades in a particular course are automatically S/U. Courses taught in Spanish have an asterisk. Students should check the undergraduate catalog for individual course prerequisites.
| Core: ECON 331, The Border Economy; GEOG 461 U.S.-Mexico Border Development; GOVT 478, U.S.-Mexico Border Politics; HIST 458, History of the U.S.-Mexico Border; SOC 479, Sociological Perspectives on the U.S./Mexican Border; and either *SPAN 454, Spanish of the U.S.-Mexico Border Region or *SPAN 459, Spanish Sociolinguistics of the U.S.-Mexico Border or *SPAN 469, Literatura de la Frontera | 9 |
| Additional Courses: ANTH 305G, Contemporary Native Americans; ANTH 306G, Peoples of Latin America; ANTH 312, The Ancient Maya; ANTH 313, Ancient Mexico; ANTH 316, Archaeology of the American Southwest; ANTH 361G or SOC 361G, Social Issues of the Rural Americas; ART 310, Native American Art; ART 320, Art and Architecture in Pre-Columbian Meso-America; ECON 324G, Developing Nations; ECON 325G, Economic Development of Latin America; ECON 330G, The Business Economy of Mexico; ECON 450G, International Economics; ENGL 339G, Chicano Literature; ENGL 361, Southwest Folklore; ENGL 394G, Southwestern Literature; GOVT 360, International Relations; GOVT 446, New Mexico Government and Politics; GOVT 463, Inter-American Relations; GOVT 473, Latin American Politics; GOVT 476, Central American Politics; GOVT 479, Mexican Government and Politics; HIST 261, New Mexico History; HIST 367, Mexican-Americans in the United States; HIST 416, History of Latinos in the United States; HIST 451, Colonial Mexico; HIST 452, National Mexico; HIST 457, The Mexican Revolution; I B 351, International Business; SOC 270, Sociology of the Chicano Community I; SOC 342, Sociology of Rural New Mexico; SOC 360G, Introduction to Population Studies; SOC 470, Sociology of Latinos/as in the United States; SOC 478 or GOVT 477, Sociology of Development and the World System; SOC 489 or GOVT 469, Globalization; *SPAN 350, Introducción a Estudios Chicanos; *SPAN 353, Spanglish and Bilingualism in the United States; SPAN 364G, Culture and Civilization of Mexico; *SPAN 385, Introduction to Chicano Literature; *SPAN 467, Chicano Literature; additional Core courses; and appropriate Honors, special topics, seminars, service learning, and independent studies courses approved by Department of Government or Department of Economics and International Business | 9 |
Statistics Courses
The staff of the University Statistics Center provides undergraduate service courses in applied statistics for students from all colleges. These courses are presented at an introductory level to acquaint the student with basic statistical concepts. This service instruction extends to intermediate and advanced graduate-level courses.
Graduate Work
The Department of Economics and International Business offers a graduate program leading to the Master of Science in Experimental Statistics. The Department also offers a graduate program leading to a Master of Arts in Economics, a Master of Science in Agricultural Economics and a Doctorate in Economic Development. Interested students should consult the Graduate Catalog, which is available from the Graduate School. For more information call (575) 646-2936.