2001 - 2002
Undergraduate Catalog
College of Liberal Arts & Sciences
Economics
The Major: Economics majors acquire the analytical and communication skills that are useful to careers in finance, insurance, government, management, marketing and medicine. The training is also ideal for students who want advanced training in business through an M.B.A. degree. Economics has become increasingly important in legal analysis; hence, economics is a popular major for pre-law students.
An economics major is offered in the College of Liberal Arts and Sciences and the Warrington College of Business Administration. Economics majors should see an economics adviser during the freshman year.
All CLAS students majoring in economics must complete a course in calculus, STA 2023, ECO 2013, ECO 2023, ECO 3101, ECO 3203 and four economics electives or three economics electives and FIN 3403 or FIN 3408 or three economics electives and a business minor. ECO 3100, ECO 4905, ECO 4941, and ECO 4970 do not count toward these electives. Students must achieve grades of C or higher in each required pre-professional and economics course.
Course prerequisites are strictly enforced. A current/revised listing of course pre-requisites is available each term in 100 Stuzin Hall.
Students planning to pursue graduate study in economics should consider a minor in mathematics or statistics or take the following mathematics and statistics courses in preparation for graduate school: MAC 2311-2-3, MAP 3302, either MAS 3114 or 4105 and STA 4321 and 4322. (Students taking advanced statistics might not be required to take STA 3023.)
Honors: CLAS students who have a 3.3 GPA in all economics work, a 3.5 overall junior/ senior level GPA and complete a 4-hour honors program are candidates for high or highest honors. The honors program involves a research project and paper, and enrollment in ECO 4935 or ECO 4905. To graduate with high honors, students must fulfill the requirements for honors and must have the paper approved by the department's undergraduate committee. For highest honors, students must satisfy the requirements for high honors, earn a 3.5 GPA in all economics work and earn a 3.7 overall GPA in the major.
The Minor: A minor consists of 18 hours (5 courses) to include ECO 2013, 2023 and at least twelve hours (3 courses) with the prefix ECO, ECP or ECS at the 3000-level or higher. FIN 3403 or 3408 may be substituted for one of these courses. All work must be taken at UF and completed with grades of C or higher. No independent studies courses, courses taken S/U or internship credits count toward the minor.
Tracking for Economics
Academic progress of freshmen and sophomores is monitored each semester based on criteria established by the college faculty. These criteria are known as 'Critical Tracking Criteria'. To remain 'on track' for this major you must meet the following critical tracking criteria your first fall or spring term of enrollment and each subsequent fall or spring term for a total of 5 semesters.
Semester 1:
- 2.0 UF GPA required for sem 1-5
Semester 2:
- Complete 1 of 4 courses (ECO2013, ECO2023, MAC2233 or statistic)
Semester 3:
- Complete 1 additional course of the 4 courses
Semester 4:
- Complete 2 additional courses of the 4 courses with a 2.5 GPA on all critical tracking coursework
Semester 5:
- Maintain coursework with a 2.5 GPA on all critical tracking coursework
NOTE: Listed below is a suggested semester-by-semester plan for enrollment.
|
Semester 1 |
Credits |
|
Composition (GE) |
3 |
|
Humanities (GE) |
3 |
|
Foreign Language |
4-5 |
|
ECO 2013 Prin. of Macroeconomics (GE-S) |
3 |
|
Total |
13-14 |
|
Semester 2 |
|
|
Physical or Biological Science (GE) |
3 |
|
Foreign Language |
3-5 |
|
ECO 2023 Prin. of Microeconomics (GE-S) |
3 |
|
MAC 2233 Calculus I (GE-M) |
3 |
|
Physical & Biological Science Lab (GE) |
1 |
|
Total |
13-15 |
|
Semester 3 |
|
|
Humanities (GE) |
3 |
|
Social & Behavioral Science (GE) |
3 |
|
STA 2023 Intro to Statistics (GE-M) |
3 |
|
Physical & Biological Science (GE) |
3 |
|
Elective (or foreign language if 4-3-3 option) |
3 |
|
Total |
15 |
|
Semester 4 |
|
|
Humanities (GE) |
3 |
|
Physical & Biological Science (GE) |
3 |
|
Social & Behavioral Science (GE) |
3 |
|
Composition |
3 |
|
Electives |
3-6 |
|
Total |
15-18 |
|
Semester 5 |
|
|
ECO 3101 Intermed. Microeconomics (GE-S) |
4 |
|
Physical & Biological Science (GE) |
3 |
|
Composition |
3 |
|
Electives |
3-6 |
|
Total |
13-16 |
|
Semester 6 |
|
|
One economics course (3000 level or above) |
4 |
|
ECO 3203 OR ECO 3704 |
4 |
|
Electives (3000-level or above, not in major) |
6-9 |
|
Total |
14-17 |
|
Semester 7 |
|
|
Two economics courses (3000 level or above) |
8 |
|
Electives (3000-level or above, not in major) |
6 |
|
Total |
14 |
|
Semester 8 |
|
|
One economics course (3000 level or above) |
4 |
|
Electives (3000-level or above, not in major) |
9-12 |
|
Total |
13-16 |