2003-04 Undergraduate Catalog
Indiana, Pennsylvania 15705
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Chairperson: |
Nicholas Karatjas |
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Faculty: |
Asamoah, Dyal, Halvorson, J. Jozefowicz, S. Jozefowicz, Lewis, Potts, Radell, Yerger |
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Martel, Stonebraker, Walker |
Website: www.iup.edu/economics
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Bachelor of Arts |
Economics provides a background and educational base that open a broad range of professional, educational, and vocational opportunities. As part of a Humanities and Social Sciences degree, a Bachelor of Arts degree in Economics provides a liberal arts education, as well as professional and technical training. Indeed, many students completing an undergraduate major in Economics do not pursue careers as professional economists; they enter such fields as law, management, finance, and labor relations. By helping to develop a student’s ability to think and communicate, economics provides a firm foundation upon which the student can build any one of a large number of possible careers.
Four different degree programs are available: a Bachelor of Arts degree in Economics that prepares students for immediate employment or graduate school; a Bachelor of Arts degree in Economics/Pre-Law track for students who wish to attend law school; a Bachelor of Arts degree in Economics/Mathematics combining courses in both areas to prepare students for graduate study in economics or possible immediate employment; and the Bachelor of Science in Education that prepares students to teach economics and other social sciences in secondary schools.
Either ECON 101 or 121 counts as a Liberal Studies social science course. However, ECON 101 is intended for students who will take only one course in the field. Students who anticipate taking more than one economics course should schedule ECON 121. ECON 101 will not count toward either a major or minor in economics and may not be taken after the successful completion of, or in concurrent registrations with, any other economics course.
Economics majors are encouraged to minor in one of the other Social Sciences, Business Administration, Mathematics, or Applied Statistics.
The Department of Economics houses the Center for Economic Education. The center is a nonprofit, nonpartisan organization affiliated with both the Pennsylvania Partnership for Economic Education and the National Council on Economic Education. Its mission is to upgrade the quality of economic education in kindergarten through twelfth grade. The center performs the following functions: teacher training, consulting services, research, materials development, and programs in economic education for adults. Dr. James J. Jozefowicz is the director of the center.
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Liberal Studies: As outlined in Liberal Studies section with the following specifications: Social Science: ECON 121 Liberal Studies Electives: 9cr, no courses with ECON prefix |
54 |
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College: |
0-6 |
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Foreign Language Intermediate Level (2) |
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Major: |
27 |
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Required Courses: |
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Principles of Microeconomics |
3cr |
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Statistics for Economists (3) |
3cr |
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Macroeconomic Analysis |
3cr |
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Microeconomic Analysis |
3cr |
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Controlled Electives: |
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Five other ECON courses (4, 5) |
15cr |
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Free Electives: |
33-39 |
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Total Degree Requirements: |
120 |
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(1) MATH 115 or 123 may be substituted for MATH 121. (2) Intermediate-level Foreign Language may be included in Liberal Studies electives. (3) MATH 214, 217, or 363 may be substituted for ECON 355. (4) No more than 6cr of internship credit may be applied toward major. (5) No more than one ECON Controlled Elective may be a 200-level course. |
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Liberal Studies: As outlined in Liberal Studies section with the following specifications: Mathematics: MATH 121 (1) Social Science: ECON 121 Liberal Studies Electives: 9cr, no courses with ECON prefix |
54 |
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College: |
0-6 |
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Foreign Language Intermediate Level (2) |
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Major: |
24 |
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Required Courses: |
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Principles of Microeconomics |
3cr |
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Statistics for Economists (3) |
3cr |
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Macroeconomic Analysis |
3cr |
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Microeconomic Analysis |
3cr |
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Controlled Electives: |
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Four other ECON courses (4, 5) |
12cr |
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Other Requirements: Pre-Law interdisciplinary track |
6-21 |
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Seven courses, including at least one from each of six areas: Business: ACCT 201, ACCT 202, BLAW 235 Criminology: CRIM 210, 215, 255 |
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Free Electives: |
15-36 |
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Total Degree Requirements: |
120 |
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(1) MATH 115 or 123 may be substituted for MATH 121. (2) Intermediate-level Foreign Language may be included in Liberal Studies electives. (3) MATH 214, 217, or 363 may be substituted for ECON 355. (4) No more than 6cr of internship credit may be applied toward major. (5) No more than one ECON Controlled Elective may be a 200-level course. |
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Liberal Studies: As outlined in Liberal Studies section with the following specifications: Mathematics: MATH 123 Social Science: ECON 121 Liberal Studies Electives: 9cr, no courses with ECON or MATH prefix |
54 |
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Major: |
46-48 |
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Core: |
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Principles of Microeconomics |
3cr |
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Macroeconomics Analysis |
3cr |
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Microeconomics Analysis |
3cr |
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Calculus II for Physics, Chemistry, and Mathematics |
4cr |
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Introduction to Linear Algebra |
3cr |
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MATH 216 or |
Probability and Statistics for Natural Sciences or Statistics for Economics |
3-4cr |
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Economics Electives: (1, 2) |
12cr |
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Students are especially encouraged to take
ECON 334 and
356, but any
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Mathematics Electives: |
15-16cr |
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At least one of the following two-semester sequences: |
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Three additional courses either from the above or from the following: MATH 271, 272, 342, 417 or 418, 421, 422, 423, 425, 427, 451, 465, 476, 477 |
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Other Requirements: |
0-6 |
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| Foreign Language Intermediate Level (3) | |||
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Free Electives: |
12-20 |
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Total Degree Requirements: |
120 |
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(1) No more than 6cr of internship credit may be applied toward
major. |
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Liberal Studies: As outlined in Liberal Studies section with the following specifications: Mathematics: 3cr Social Science: ANTH 110, ECON 121, and PSYC 101 Liberal Studies Electives: 6cr, GEOG 230, SOC 337, no courses with ECON prefix |
51 |
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College: |
32 |
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3 additional cr of
MATH 100 level or above
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3cr |
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Preprofessional Education Sequence: |
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Digital Instructional Technology |
3cr |
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Educational Psychology |
3cr |
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Professional Education Sequence: |
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Education of Students with Disabilities in Inclusive Secondary Programs |
2cr |
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Assessment of Student Learning: Design and Interpretation of Educational Measures |
3cr |
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Pre-student Teaching Clinical Experience I |
1cr |
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Pre-student Teaching Clinical Experience II |
1cr |
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Student Teaching |
12cr |
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School Law |
1cr |
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Teaching of Social Studies in Secondary Schools |
3cr |
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Major: |
18 |
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Required Courses: |
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Principles of Microeconomics |
3cr |
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Controlled Electives: |
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Upper-level Economics courses including at least one writing-intensive course and at least one course from each of the following three groups: International courses: ECON 339, 345, 346, 350, 351 Macroeconomic courses: ECON 325, 326, 343, 421 Microeconomic courses: ECON 330, 331, 332, 333, 334, 335, 336, 361, 373, 383 |
15cr |
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Other Requirements: |
18 |
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Social
Studies Distribution: |
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GEOG XXX |
200-level or higher Geography course |
3cr |
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United States History to 1877 |
3cr |
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United States History Since 1877 |
3cr |
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PLSC 280 or |
Comparative Government I or Comparative Government II |
3cr |
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Social Science Minor (2) |
6cr |
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Free Electives: |
1 |
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Total Degree Requirements: |
120 |
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(*) See requirements leading to teacher certification, titled “Admission to Teacher Education,” in the College of Education and Educational Technology section of this catalog. In order to student teach, students must have a 3.0 cumulative GPA in their major (social science and history courses). To be licensed to teach History, Geography, Economics, Civics, and Government, Social Studies Education/History majors must apply for Citizenship Education certification. (1) Students are required to take and additional 3cr of math beyond the Liberal Studies requirement for a total of 6cr, all of which must be at the 100 level or above. (2) History is the recommended choice for a minor. Students may complete a minor in a second Social Science of their choice. This will require additional credits. |
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Required Courses: |
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Principles of Macroeconomics |
3cr |
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Principles of Microeconomics |
3cr |
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Three courses from ECON 200 or higher |
9cr |
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