Economics is the study of how a society chooses to allocate its finite resources among the infinite demands of its members. This includes analysis of the decisions made by households and firms about production and consumption of finished goods, inputs to production, and labor services, in addition to analysis of the impact of public policies on these decisions and on the economic well-being of society and its members.
Specific subject areas studied in economics include aggregate analysis of business cycles and economic growth (macroeconomics), analysis of labor markets, public finance and taxation, industrial organization, international trade, the economics of money and banking, and studies in specialized fields.
The academic programs of the Department of Economics seek to develop students' capacity to think systematically and analytically about social issues. These analytical abilities give our graduates a strong fundamental background for success in professional life. The department's graduate programs prepare students for careers as economists in business, government, and the academic community. The undergraduate program has been designed to allow students maximum flexibility to orient their curriculum either toward preparation for graduate study in law, business, or economics, or toward professional courses and career placement.
In addition to the academic experience, the department offers undergraduate students two opportunities for practical experience, the internship program (ECON 4390) and the tutors program. The internship program offers practical experience in a professional environment, while the tutors program allows advanced students to earn course credit while mentoring students taking introductory economics in a drop-in setting oriented towards problem-solving.
Students must earn a minimum 2.00 grade point average in all courses in the major (required or elective) attempted at this university.
Students who choose to major in economics must also meet the university core requirements and the college core requirements for a Liberal Arts and Social Sciences Bachelor of Arts or Bachelor of Science degree.
|30 hours (at least 21 advanced) to include:|
|ECON 2370(or equivalent)||3|
|ECON 3332 and 3334||6|
|ECON electives (advanced)||15|
|ECON electives (any level)||6|
In addition, Bachelor of Science candidates must take MATH 1313 or 1314 or equivalents and at least one of the following: ECON 4349, 4350, 4360, 4362, 4364, or 4365 (counts as part of the required 15 advanced semester hours). Students must complete at least 15 of the required 30 semester hours in economics in residence at the University of Houston. Twelve of these 15 hours must be advanced. Transferred credit to be counted toward the economics major requirements must have a grade of C- or better.
All economics majors must satisfactorily complete either a second bachelor's degree, a second major, an approved minor, a senior honors thesis, or Interdisciplinary Studies option #1. Interdisciplinary Studies option #2 may not be used to fulfill graduation requirements.
To receive a free brochure, or for information about the value of an economics degree as preparation for careers or graduate study, or for additional information about Department of Economics programs, write, call, or visit our Web site:
Department of Economics
Attn: Undergraduate Advisor
University of Houston
204 McElhinney Hall
Houston, Texas 77204-5019
Catalog Publish Date: August 18, 2011
This Page Last Updated: August 18, 2010
Effective Date of Archive: August 20, 2012