Economics, B.S.E.

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Economics is the science of decision making. It is a social science that primarily focuses on the study of how individuals, businesses, and governments make decisions to allocate scarce resources to best meet their needs and wants. It explores how these decisions impact the production, distribution, and consumption of goods and services, as well as the overall well-being of society. While it is referred to as a social science it is actually considered a STEM major. Economics students gain valuable tools and skills to understanding the insight in decision making, using resources effectively, value created through trade, policy analytics, data analytics, understanding market behavior, resource allocation, global perspective and critical thinking, just to name a few.

Degree Requirements - Total Credits: 120

As per University Graduation Requirements, a student must complete their degree with 120 overall credits, 42 of which must be upper-division.

50% of the business credit hours must be from the University of Wyoming.

University Studies Program

This degree requires that The University Studies Program 2015 requirements are met before graduation. Some of the courses required for this major fulfill USP requirements, but not all. Students should check their degree evaluations and consult with their assigned academic advisor to discuss their specific course plan.

C 1 - Communication 1 Credits: 3
C 2 - Communication 2 Credits: 3
C 3 - Communication 3 Credits: 3
Q - - Quantitative Reasoning Credits: 3
PN - - Physical and Natural World (1) Credits: 3
PN - - Physical and Natural World (2) Credits: 3
H - - Human Culture (1) Credits: 3
H - - Human Culture (2) Credits: 3
V - - U.S. & WY Constitution Credits: 3
FYS or USP Elective - - Any 3-credit hour of FYS or 3-credit hours of USP electives Credits: 3

Major Specific Courses

Math and Statistics Core

MATH 2350 - Business Calculus Credits: 4
OR
MATH 2200 - Calculus I Credits: 4
MATH 2355 - Math Applications for Business Credits: 4
OR
MATH 2205 - Calculus II Credits: 4
STAT 2050 - Fundamentals of Statistics Credits: 4
OR
STAT 2070 - Introductory Statistics for the Social Sciences Credits: 4

Economics Core

ECON 1010 - Principles of Macroeconomics Credits: 3
ECON 1020 - Principles of Microeconomics Credits: 3
ECON 3010 - Intermediate Macroeconomics Credits: 3
ECON 3020 - Intermediate Microeconomics Credits: 3
ECON 4240 - Evolution of Economic Ideas Credits: 3
BUSN 4990 - Senior Exit Exam Credits: 0
Choose 1 area of focus and its accompanying elective requirement.

General Economics Focus

Economics Core + 15 Economic Elective credits.

Economics Electives: 15 Credits

Any Economics courses at a 4000+ level that have not been used to meet any other primary major requirement.

Quantitative Analytics Economics Focus

ECON 4230 - Intermediate Econometric Theory Credits: 3
ECON 4530 - Computational Economics Credits: 3
Students must take one of the following courses:
ECON 4115 - Time Series Analysis Credits: 3
ECON 4730 - Advanced Regional Analysis Credits: 3
STAT 4015 - Regression Analysis Credits: 3
OR
STAT 4025 - Design and Analysis of Experiments I Credits: 3

Economics Electives: 6 Credits

Any Economics courses at a 4000+ level that have not been used to meet any other primary major requirements.

Environment and Natural Resource Economics Focus

Choose 3 of the following courses:
ECON 4400 - Environmental Economics Credits: 3
ECON 4410 - Natural Resource Economics Credits: 3
ECON 4430 - Energy Economics Credits: 3
ECON 4460 - Resource Rich Economies Credits: 3

Economics Electives: 6 Credits

Any Economics courses at a 4000+ level that have not been used to meet any other primary major requirements.

Free Electives from Any College

Courses from any college at any level that have not been used to meet any other primary major requirement.