Economics - Undergraduate Programs

Overview

Why Economics? It helps us understand many questions about our world.  Why are there pay gaps between men and women?  Why do things cost what they do?  What does the national debt mean for the future?  Why are some people billionaires while others are homeless?  Why are cities growing and rural areas in decline?  Why is health care so costly?  Economics teaches us to think carefully about such problems and learn how to analyze issues. 

Economics focuses on the incentives and constraints that all people face.  It is preparation for a wide range of careers.  The skills gained in the study of economics are desired in business as analysis is ever more popular.

Salary surveys, such as from PayScale.com, show most business degrees pay about the same at the time of graduation, but Economics graduates with analytical skills have the highest average salary at mid-career.

The BS Economics program is a STEM program designed to allow qualified students to move directly to the MS in Economics Data Analysis program.  Some hours in the BS program can count toward the 30-hours needed in the MS program.  Surveys show that our graduates do very well in the job market. 

Requirements for a Bachelor of Business Administration Degree in Economics

Students must meet all lower division requirements before enrolling for upper division courses. Specified prerequisites are designated for certain courses.

Pre-Professional Course Requirements - Fulfill the University General Core Requirements (42 hours and 3 elective hours)
General Core Requirements 42
Communication (minimum 6 hours required)6
RHETORIC AND COMPOSITION I
RHETORIC AND COMPOSITION II
Mathematics (minimum 6 hours required)6
COLLEGE ALGEBRA FOR ECONOMICS & BUSINESS ANALYSIS
MATHEMATICS FOR ECONOMICS AND BUSINESS ANALYSIS
Life and Physical Sciences (minimum 6 hours required)6
From Approved University General Core Requirement List
Language, Philosophy & Culture (minimum 3 hours required)3
From Approved University General Core Requirement List
Creative Arts (minimum 3 hours required)3
From Approved University General Core Requirement List
US History (minimum 6 hours required)6
HISTORY OF THE UNITED STATES TO 1865
HISTORY OF THE UNITED STATES, 1865 TO PRESENT
Government/Political Science (minimum 6 hours required)6
GOVERNMENT OF THE UNITED STATES
STATE AND LOCAL GOVERNMENT
Social & Behavioral Sciences (minimum 3 hours required)3
Satisfied by completion of ECON 2305 in the Business Core.
Foundational Component Area (minimum 3 hours required)3
Satisfied by completion of ECON 2306 in the Business Core.
Elective/UNIV 1101 or UNIV 1131 (3 hours) ELECTIVE MAY BE TAKEN IN PLACE OF UNIV-BU 11013
Professional Course Requirements - Business Core (39 hours)
MANA 1301BUSINESS IN A GLOBAL ENVIRONMENT3
ACCT 2301PRINCIPLES OF ACCOUNTING I3
ACCT 2302PRINCIPLES OF ACCOUNTING II3
BSTAT 2305INTRODUCTORY STATISTICS FOR BUSINESS ANALYTICS3
ECON 2305 satisfies the Social & Behavioral Science
ECON 2306 satisfies the Foundational Component
INSY 2303INTRODUCTION TO M.I.S. AND DATA PROCESSING3
BCOM 3360EFFECTIVE BUSINESS COMMUNICATION3
BLAW 3310LEGAL AND ETHICAL ENVIRONMENT OF BUSINESS3
BSTAT 3321INTERMEDIATE STATISTICS FOR BUSINESS ANALYTICS3
FINA 3313BUSINESS FINANCE3
MANA 3318MANAGING ORGANIZATIONAL BEHAVIOR3
MANA 4322STRATEGIC MANAGEMENT3
MARK 3321PRINCIPLES OF MARKETING3
OPMA 3306OPERATIONS MANAGEMENT3
Professional Course Requirements - Advanced Economics (21 hours)
ECON 3303MONEY AND BANKING3
ECON 3310MICROECONOMICS3
ECON 3312MACROECONOMICS3
ECON 3317STATISTICS FOR ECONOMIC DATA ANALYSIS3
ECON 4300ADVANCED COMMUNICATION FOR BUSINESS AND ECONOMIC PROFESSIONALS3
or BCOM 4380 ADVANCED COMMUNICATIONS FOR BUSINESS
Advanced Economics Electives (33xx-43xx)6
Advanced Business Electives (15 hours)
Advanced accounting, business, finance, information systems, management, marketing, operations and supply chain management, or real estate. Recommend INSY 3300 and INSY 3309 to develop competitive skill set. (No Econ)15
Total Hours120

Double Majors

A Double Major option for the Bachelor of Business Administration (BBA) in Economics is available. Economics undergraduates who pursue the following Double Major program will not have the option of participating in the Fast Track Program in Business.

Completion of the Double Major is attained by including all of the following courses in the BBA Economics plan and completing with grades of C or better in each of the double major courses listed below:

BBA in Economics and Finance

FINANCIAL ACCOUNTING I
Advanced Accounting Elective (ACCT 33xx or 43xx)
INVESTMENTS
FINANCIAL INSTITUTIONS AND MARKETS
ADVANCED BUSINESS FINANCIAL ANALYSIS
Advanced Finance Elective (FINA 33xx or 43xx)

Suggested Course Sequence

First Year
First SemesterHoursSecond SemesterHours
ENGL 13013ENGL 13023
MATH 13153MATH 13163
HIST 13013HIST 13023
Life & Physical Science3Life & Physical Science3
MANA 13013Creative Arts3
UNIV-BU 1101 (or)1 
UNIV-BU 1131ELECTIVE MAY BE TAKEN IN PLACE OF UNIV-BU 1101
  
 16 15
Second Year
First SemesterHoursSecond SemesterHours
ACCT 23013ACCT 23023
ECON 23053ECON 23063
INSY 23033BSTAT 23053
POLS 23113POLS 23123
Language, Philosophy & Culture3Elective2
 15 14
Third Year
First SemesterHoursSecond SemesterHours
ECON 33033ECON 33103
BLAW 33103ECON 33173
BSTAT 33213BCOM 33603
MANA 33183FINA 33133
MARK 33213Advanced Economics Elective3
 15 15
Fourth Year
First SemesterHoursSecond SemesterHours
ECON 33123MANA 43223
ECON 4300 or BCOM 43803OPMA 33063
Advanced Business Elective3Advanced Economics Elective3
Advanced Business Elective3Advanced Business Elective3
Advanced Business Elective3Advanced Business Elective3
 15 15
Total Hours: 120

Requirements for a Bachelor of Science Degree in Economics

Students must have completed ECON 2305 and ECON 2306 before enrolling in certain upper-level economics courses. Specified prerequisites are designated for certain courses.

The Bachelor of Science (BS) in Economics will enable graduates to meet the needs of employers in the era of "big data" and provide a strong background for those who wish to proceed to graduate school.  Students will be exposed to the latest data analysis and visualization programs used in the business world and gain analytic skills that are valuable to both employers and graduate schools. 

Pre-Professional Course Requirements - Fulfill the University General Core Requirements (42 hours and 3 elective hours)
General Core Requirements 42
Communication (minimum 6 hours required)6
RHETORIC AND COMPOSITION I
RHETORIC AND COMPOSITION II
Mathematics (minimum 6 hours required)6
COLLEGE ALGEBRA FOR ECONOMICS & BUSINESS ANALYSIS
MATHEMATICS FOR ECONOMICS AND BUSINESS ANALYSIS
Life and Physical Sciences (minimum 6 hours required)6
From Approved University General Core Requirement List
Language, Philosophy & Culture (minimum 3 hours required)3
From Approved University General Core Requirement List
Creative Arts (minimum 3 hours required)3
From Approved University General Core Requirement List
US History (minimum 6 hours required)6
HISTORY OF THE UNITED STATES TO 1865
HISTORY OF THE UNITED STATES, 1865 TO PRESENT
Government/Political Science (minimum 6 hours required)6
GOVERNMENT OF THE UNITED STATES
STATE AND LOCAL GOVERNMENT
Social & Behavioral Sciences (minimum 3 hours required)3
Satisfied by completion of ECON 2305 in the Business Core.
Foundational Component Area (minimum 3 hours required)3
Satisfied by completion of ECON 2306 in the Business Core.
Elective/UNIV 1101 or UNIV 1131 (3 hours required) ELECTIVE MAY BE TAKEN IN PLACE OF UNIV-BU 11013
Professional Course Requirements - Business Core (27 hours)
MANA 1301BUSINESS IN A GLOBAL ENVIRONMENT3
ACCT 2301PRINCIPLES OF ACCOUNTING I3
ACCT 2302PRINCIPLES OF ACCOUNTING II3
BSTAT 2305INTRODUCTORY STATISTICS FOR BUSINESS ANALYTICS3
INSY 2303INTRODUCTION TO M.I.S. AND DATA PROCESSING3
BCOM 3360EFFECTIVE BUSINESS COMMUNICATION3
BLAW 3310LEGAL AND ETHICAL ENVIRONMENT OF BUSINESS3
BSTAT 3321INTERMEDIATE STATISTICS FOR BUSINESS ANALYTICS3
FINA 3313BUSINESS FINANCE3
Professional Course Requirements - Economics (21 hours)
ECON 2305 satisfies the Social & Behavioral Science
ECON 2306 satisfies the Foundational Component
ECON 3303MONEY AND BANKING3
ECON 3310MICROECONOMICS3
ECON 3312MACROECONOMICS3
ECON 3317STATISTICS FOR ECONOMIC DATA ANALYSIS3
ECON 3318REGRESSION ANALYSIS AND DATA VISUALIZATION3
ECON 4300ADVANCED COMMUNICATION FOR BUSINESS AND ECONOMIC PROFESSIONALS3
ECON 4318ECONOMIC REGRESSION ANALYSIS CAPSTONE3
Advanced Economics Electives (Choose 2: : ECON 4311, ECON 4316, ECON 4320, ECON 4321, ECON 4322, ECON 4323, ECON 4325 or ECON 4330. ECON 4325 is highly recommended for students planning to obtain an MS degree.)6
Minor Requirements
18 hours (Minor must include designated lower and upper level courses. Consult with advisor to confirm.) 18
Other Required Courses (minimum 3 hours required)
INSY 3300INTRODUCTION TO PROGRAMMING 3
Other electives sufficient to give the total number of hours required for the degree. Recommend INSY 3309 to develop a competitive skill set.
Total Hours120

Suggested Course Sequence

First Year
First SemesterHoursSecond SemesterHours
ENGL 13013ENGL 13023
MATH 13153MATH 13163
HIST 13013HIST 13023
Life & Physical Science3Life & Physical Science3
MANA 13013Creative Arts3
UNIV-BU 1101 (or)1 
UNIV-BU 1131ELECTIVE MAY BE TAKEN IN PLACE OF UNIV-BU 1101
  
 16 15
Second Year
First SemesterHoursSecond SemesterHours
ACCT 23013ACCT 23023
ECON 23053ECON 23063
INSY 23033BSTAT 23053
POLS 23113POLS 23123
Language, Philosophy & Culture3Elective2
 15 14
Third Year
First SemesterHoursSecond SemesterHours
ECON 33033ECON 33123
ECON 33103ECON 33173
BSTAT 33213BCOM 33603
INSY 33003FINA 33133
Minor Requirement3Minor Requirement3
 15 15
Fourth Year
First SemesterHoursSecond SemesterHours
ECON 33183ECON 43183
Advanced Economics Elective3ECON 43003
BLAW 33103Advanced Economics Elective3
Minor Requirement3Minor Requirement3
Minor Requirement3Minor Requirement3
 15 15
Total Hours: 120

Minor in Economics for Non-Business Majors

The College of Business:

  • Requires half of the course work for a minor in business be completed in residence at UT Arlington. For an 18-hour minor requirement, this would require a minimum of 9 hours of business course work at UT Arlington.
  • Requires a grade of C or better in all minor requirement courses.
  • Will not use vocational and technical courses (including WECM courses) toward any business minor.

Economics

ECON 2337ECONOMICS OF SOCIAL ISSUES (Optional)3
ECON 2305PRINCIPLES OF MACROECONOMICS3
ECON 2306PRINCIPLES OF MICROECONOMICS3
ECON 3303MONEY AND BANKING 13
ECON 3310MICROECONOMICS 13
ECON 3312MACROECONOMICS 13
ECON 33xx or 43xx 13
Total Hours21