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Nov 25, 2024
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2015-2016 USC Lancaster Bulletin (Archived Copy) [Archived Catalog]
Economics, B.A.
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Learning Outcomes
- Students will achieve an acceptable pass rate on questions related to the following core microeconomic concepts: (a) Consumer utility maximization (b) Producer profit maximization (c) Equlibrium and welfare analysis under different market structures (d) Importance of externalities
- Students will achieve an acceptable pass rate on questions related to the following core macroeconomic concepts: (a) Determination of full-employment output and growth (b) Money creation and inflation (c) Employment and output fluctuations over the business cycle (d) Fundamentals of macroeconomic policy
- Students will achieve be able to: (a) Solve basic equations to find equilibrium outcomes (b) Use graphs to understand and interpret economic relationships
- Students will be able to successfully prepare a research paper and present the results of their research their peers in a classroom environment.
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Basic Degree Requirements for Bachelor of Arts Degrees (120 Hours)
Note: Bachelor of Arts degrees require 120 hours. Bachelor of Fine Arts degrees require additional hours; see Program of Study for major requirements.
- Carolina Core Plus General Education Requirements
- Major
- Cognate or Minor Requirements
- Electives
1. Carolina Core Plus General Education Requirements
Note: Bachelor of Fine Arts (BFA) degrees follow General Education Requirements for the BA except where specified in Programs of Study for major requirements.
CMW: Carolina Core Effective, Engaged and Persuasive Communication: Writing (6 Hours)
- Must be passed with a grade of C or higher.
ARP: Carolina Core Analytical Reasoning and Problem-Solving (6-8 Hours)
SCI: Carolina Core Scientific Literacy (8 Hours)
Specified or additional College of Arts and Sciences Requirement:
- Two 4-credit hour laboratory science courses.
GFL: Carolina Core Global Citizenship and Multicultural Understanding: Communicate Effectively in More than One Language (0-9 Hours)
Specified or additional College of Arts and Sciences Requirement:
- Demonstration of proficiency in one foreign language equivalent to the minimal passing grade on the exit examination in the 122 course is required for all baccalaureate degrees. Students can demonstrate this proficiency by successfully completing Phase II of the Proficiency Test or by successfully completing the 122 course, including the exit exam administered as part of that course.
It is strongly recommended that students continuing the study of a foreign language begin college-level study of that language in their first semester and continue in that language until their particular foreign language requirement is completed.
GHS: Carolina Core Global Citizenship and Multicultural Understanding: Historical Thinking (6 Hours)
Specified or additional College of Arts and Sciences Requirement:
- Two courses in History (HIST) at the 100 level, one U.S. History and one non-U.S. History.
GSS: Carolina Core Global Citizenship and Multicultural Understanding: Social Sciences (6 Hours)
Specified or additional College of Arts and Sciences Requirement:
AIU: Carolina Core Aesthetic and Interpretive Understanding (3 Hours)
Carolina Core Stand Alone or Overlay Eligible Requirements:
- Up to two of these requirements may be met in overlay courses. At least one of these requirements must be satisfied by a course not applied elsewhere in general education. (3-9 Hours)
CMS: Carolina Core Effective, Engaged, and Persuasive Communication: Speech (3 Hours)
INF: Carolina Core Information Literacy (0-3 Hours)
VSR: Carolina Core Values, Ethics, and Social Responsibility (3 Hours)
Other Required General Education Courses from the College of Arts and Sciences
Fine Arts and Humanities Requirements (9 Hours)
- Bachelor of Arts degrees require 3 Hours in the fine arts. (May be taken as Carolina Core Aesthetic and Interpretive Understanding.)
- Bachelor of Arts degrees require an additional 9 Hours in the fine arts or humanities.
Major Prerequisites (9-13 Hours)
The following courses fulfill some of the general education requirements and must be completed with a minimum grade of C for a degree in economics:
Note:
Students majoring in Economics are required to take ECON 221 and ECON 222 . If a student has previously completed ECON 224 , he or she must take ECON 221 or ECON 222 . Students earning an A in ECON 224 may be exempted from ECON 221 and ECON 222 , but must take an additional elective in Economics. See below for appropriate electives.
Major Requirements (24 Hours)
- A minimum grade of C is required in all major courses.
- Economics majors may enroll in ECON 221 , ECON 222 , ECON 322 , ECON 436 , or ECON 511 a maximum of twice to earn the required grade of C or higher. For the purposes of this standard progression, withdrawal with a W does not constitute enrollment.
Required Courses (9 Hours)
Economics Electives (15 Hours)
- No more than 6 hours of 300-level electives may count toward the economics major electives. ECON 301 , ECON 311 , and ECON 499 do not count toward the major.
Note:
Students who plan to major in economics are advised to consult the director of undergraduate studies in economics during the freshman year.
3. Cognate or Minor Requirements (12-18 Hours) for B.A. Degrees
Cognate
The cognate is intended to support the course work in the major. The cognate must consist of twelve (12) hours of courses at the advanced level, outside of but related to the major. The cognate may be taken in one or more departments or programs, depending on the interests of the student and the judgment of the advisor.
Courses offered by departments and programs that are acceptable for cognate credit are outlined in the section titled Courses Acceptable for Cognate Credit in Degree Programs in the College of Arts and Sciences .
For cognate course offerings in other colleges, consult the appropriate sections of this bulletin. Some major programs have specific cognate requirements.
It should be emphasized that the cognate is not a second set of elective courses to be chosen at random by the student. The cognate must be approved by the major advisor as being related to the major field of study. Students are urged to consult their major advisors for specific requirements in their major.
Courses applied toward general education requirements cannot be counted toward the cognate.
For Bachelor of Arts degrees, all cognate courses must be passed with a grade of C or higher.
Minor
In place of the cognate a student in the College of Arts and Sciences may choose a minor consisting of at least 18 credit hours of prescribed courses. (Some minors in the sciences require a minimum of 16 hours.) The subject area of the minor may be related to the major. Students pursuing interdisciplinary minors who wish to use courses in their major department for minor credit must petition the College Committee on Scholastic Standards and Petitions for permission to do so.
The minor is intended to develop a coherent basic preparation in a second area of study. It differs from the cognate inasmuch as the courses must be concentrated in one area and must follow a structured sequence. Interdisciplinary minors can be designed with the approval of the assistant dean for academic affairs and advising.
Courses applied toward general education requirements cannot be counted toward the minor. No course may satisfy both major and minor requirements. All minor courses must be passed with a grade of C or higher. At least half of the courses in the minor must be completed in residence at the University.
A list of minor programs of study can be found at Programs A-Z .
4. Electives for B.A. Degrees and B.F.A.
No courses of a remedial, developmental, skill-acquiring, or vocational nature may apply as credit toward degrees in the College of Arts and Sciences. The College of Arts and Sciences allows the use of the Pass-Fail option on elective courses. Further clarification on inapplicable courses can be obtained from the College of Arts and Sciences.
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