UIS Graduate and Undergraduate Catalog
Academic Year 2004 - 2005

ECONOMICS
Bachelor of Arts, Undergraduate Minor

Faculty Adil Mouhammed, Baker Siddiquee
Associated Faculty Shahram Heshmat, Xia Pan, Robert Sipe
Emeritus Faculty Michael Ayers, Leroy Wehrle
Adjunct Faculty Mohammed Shahidullah

Contact: (217) 206-7174
eco@uis.edu or www.uis.edu/economics/

Departmental goals and objectives
The goal of the economics program is to help students build strong conceptual thinking and problem-solving skills by understanding and applying economic theory to real world problems. Specific program objectives include the development of 1) basic knowledge of micro- and macroeconomic theory and their applications and quantitative methods of analysis, 2) skills in research using the theories and methods of economic analysis, and 3) skills for applying economic theories and models.

Advising
New students must contact the department for initial advising to plan a program of study that reflects their interests and satisfies degree requirements.

The Bachelor's Degree
The B.A. in economics is designed to meet the standards set by the profession. Through its curriculum and faculty resources, the department seeks to prepare its graduates with the requisite skills and knowledge to perform successfully in careers in private enterprise as well as government or not-for-profit enterprises.

Entrance requirements
All departments in the College of Business and Management require foundation knowledge in accounting, economics, mathematics, statistics, and the behavioral sciences. UIS courses that satisfy the foundation knowledge requirement include:

ACC 211 Introduction to Financial Accounting and ACC 212 Introduction to Managerial Accounting or ACC 311 Administrative Uses of Accounting
ECO 313 Statistics for Business and Economics
MAT 113 Business Calculus (or other calculus or finite math equivalent)
ECO 201 Introduction to Microeconomics and ECO 202 Introduction to Macroeconomics or ECO 315 Economics for Administration
Behavioral science course (psychology, sociology, etc.)

A minimum GPA of 2.00 (C) is required in the foundation coursework for entry to the program core courses. Students will receive credit for either ECO 315 or ECO 201 and ECO 202, but not for both.

Degree requirements
A student must complete 60 semester hours of upper-division coursework to earn a B.A. in economics.

College core 18 Hrs.
(Required of all undergraduate College of Business and Management students)
BUS 302 Principles of Financial Management 3 Hrs.
BUS 312 Principles of Marketing 3 Hrs.
BUS 322 Principles of Operations Management 3 Hrs.
MGT 310 Managing Organizational Behavior 3 Hrs.
MIS 352 Principles of Management Information Systems 3 Hrs.
MGT 488 Strategic Management and Leadership 3 Hrs.

Economics core 20 Hrs.
ECO 301 Intermediate Microeconomics 4 Hrs.
ECO 302 Intermediate Macroeconomics 4 Hrs.
ECO 314 Quantitative Methods for Business and Economics 4 Hrs.
ECO 408 History of Economic Thought 4 Hrs.
ECO 413 Econometrics 4 Hrs.

Electives 10 Hrs.
University requirements (AST, PACs, or LSCs) 12 Hrs.
Total 60 Hrs.

Students must complete the 20 hours of economics core courses in the UIS College of Business and Management. An average GPA of 2.00 (C) or better is required for all UIS coursework to graduate. In addition, students must maintain an average GPA of 3.00 (B) or better in the two theory courses, ECO 301 and ECO 302.

Economics Minor
To earn a minor in economics, students must complete 16 semester hours of upper-division economics courses at UIS. Prerequisite coursework includes ECO 315 Economics for Administration or two courses in principles of economics (micro and macro). Required courses (or their equivalents) include:

ECO 301 Intermediate Microeconomics 4 Hrs.
ECO 302 Intermediate Macroeconomics 4 Hrs.
Two upper-division economics courses 8 Hrs.
Total 16 Hrs.