Economics, Major - Liberal Arts

Liberal Arts (Code 360-200)

University Requirements

GRADUATION REQUIREMENTS FOR BACCALAUREATE DEGREE
Credit Requirements
Minimum total for graduation 1120
Upper division credits (courses numbered 300 and higher)39
Liberal Education Core36
Academic Concentrations
Grade Point Requirements 2
Total2.00 average
Resident2.00 average
Major2.00 average
Minor2.00 average
Certificate2.00 average
University Residency Requirements
Minimum total30
Senior year23
Major, Standard, upper division in residence12
Major, Comprehensive, upper division in residence21
Certificate25 percent of credits
Procedures Required for Graduation
Obtain admission to the degree program and/or the College offering it.
Apply for graduation on CampS.
1

Certain programs exceed this minimum.

2

See special requirements in each College.

Applicability of Credits Toward Graduation

Junior College or Two-Year College Credits. A maximum of 72 semester credits earned in a junior college or two-year college will be accepted as degree credits at UW-Eau Claire.

Extension Credits. Credits earned in credit outreach courses offered by UW-Eau Claire are treated as resident credits. Credits earned in extension courses offered by other units of the University of Wisconsin System are treated as transfer credits. All other (non-UW) extension and correspondence credits are normally limited to one-fourth of the total required for graduation from any curriculum.

WTCS Credits. A maximum of 72 semester credits earned in college parallel programs at Madison Area Technical College, Milwaukee Area Technical College, Nicolet Area Technical College, or Chippewa Valley Technical College may be accepted as degree credits at UW-Eau Claire. A set number of general education courses will be accepted from other technical schools. Occupational and technical courses may also be considered for transfer if the quality and content of the course work from the technical college is judged to be comparable to course work at UW-Eau Claire. Refer to the Transfer Credit Wizard or contact the UW-Eau Claire Admissions Office for information about the current transfer policy.

USAFI Credit. UW-Eau Claire will accept up to 32 semester credits for work done through the United States Armed Forces Institute, under the provision for non-UW correspondence credit (see Extension Credits above).

Activity Credit (band, chorus, drama, KINS 100-184 courses) Students may count toward graduation no more than one credit of KINS 110-184 courses. Students may count toward graduation no more than four credits earned in any single activity course and no more than 12 credits resulting from any combination of activity courses (excluding KINS 110-184 courses). 

Other Restricted Credits. For other University restrictions, see the following: Cooperative Education; Credit by Examination; Satisfactory/Unsatisfactory Registration; Transfer of Credits. College or departmental restrictions may also be placed on Independent Study (399-499 courses), Directed Study (395-495), and other types of credits.

APPLICABILITY OF CREDITS TOWARD GRADUATIONCredit Restrictions
Satisfactory/Unsatisfactory
Total degree creditmaximum 12
Major, Standardmaximum 1 course
Major, Comprehensivemaximum 2 courses
Minormaximum 1 course
Credit by Examination
Total degree creditmaximum ¼ of total
Major or minormaximum ½ of total
Two-Year College Credits
Total degree creditmaximum 72 credits
Activity credit (band, chorus, drama, KINS 100-184)
Total KINS 100-184maximum 1 credit
Total Band, chorus, dramamaximum 12 credits
Single course band, chorus, dramamaximum 4 credits
Extension credits
UW-Systemno maximum
Other extension/correspondencemaximum ¼ of total
USAFI
USAFImaximum 32 credits

Liberal Education Core

The University of Wisconsin-Eau Claire measures learning outcomes to ensure that its graduates have achieved a liberal education and prepared themselves to contribute to a complex society. Upon graduation, each undergraduate will have met the five learning goals of our liberal education core and the 12 learning outcomes they comprise. 

LIBERAL EDUCATION CORE REQUIREMENTSa minimum of 36 credits
Knowledge Goal
Knowledge Outcome 1 (K1): Natural SciencesTwo (2) learning experiences
One experience in laboratory science must be selected from either K1 or K2.
Knowledge Outcome 2 (K2): Social SciencesTwo (2) learning experiences
One experience in laboratory science must be selected from either K1 or K2.
Knowledge Outcome 3 (K3): HumanitiesTwo (2) learning experiences
Knowledge Outcome 4 (K4): Fine ArtsOne (1) learning experience
Skills Goal
Skills Outcome 1 (S1): Written and Oral CommunicationTwo (2) learning experiences
Skills Outcome 2 (S2): MathematicsOne (1) learning experience
Skills Outcome 3 (S3): CreativityOne (1) learning experience
Responsibility Goal
Responsibility Outcome 1 (R1): Equity, Diversity, and InclusivityTwo (2) learning experiences
Responsibility Outcome 2 (R2): Global PerspectivesOne (1) learning experience
Responsibility Outcome 3 (R3): Civic and Environmental IssuesOne (1) learning experience
Integration Goal
Integration Outcome 1 (I1): IntegrationTwo (2) learning experiences
Service-Learning Goal
Service-Learning30 hours

College Degree Requirements

Bachelor of Arts or Bachelor of Science Degree (B.A./B.S.)

University Graduation Requirements. All candidates for degrees must fulfill the requirements for credits, curriculum, GPA, and University residency as specified in the section of this catalog titled University Graduation Requirements.

College Graduation Requirements: Grade Point Averages. All candidates for degrees in the College of Arts and Sciences must earn minimum resident and total GPAs of 2.00 in the major, the minor, and the certificate. The resident and total GPAs for the major are computed using all attempted credits applicable to the major including those offered by departments other than the major department. The resident and total GPAs for the minor and the certificate are computed similarly.

Major-Minor and Major-Certificate Requirements. A standard major (a minimum of 36 credits) must be supplemented by a minor (a minimum of 24 credits) or by a certificate (12 to 18 credits) to meet graduation requirements for completing a first and second degree program. No minor or certificate is required with a Comprehensive Major (60 or more credits) or with two majors of 36 or more credits each.

Certain degree programs, which include Comprehensive Majors, may require more than the minimum of 120 credits for graduation.

Acceptable academic program combinations are determined at the college level. A major and a minor or a major and certificate or two majors (if available) may not be elected in the same department or program, except in the approved combinations listed here.

College Credits. Earn at least 90 credits in courses offered by the College of Arts and Sciences.

Bachelor of Arts Degree in the College of Arts and Sciences (B.A.)

Fulfillment of all University Graduation Requirements (which includes the Liberal Education Core); all College-level degree requirements (major and minor/certificate emphases, GPAs, earning at least 90 credits in Arts and Sciences course work); foreign language competency at the 102 level.  Foreign language competency may be met in one of two ways:  (1) Achieve a score on the foreign language placement test that qualifies the student to enter the 201-level course in a foreign language.  (2) Earn a grade of at least C (not C-) or a mark of S in a 102-level foreign language course (or AIS 112 or AIS 122 / LANG 122 or CSD 103).

Bachelor of Science Degree in the College of Arts and Sciences (B.S.)

Fulfillment of all University Graduation Requirements (which includes the Liberal Education Core); all College-level degree requirements (major and minor/certificate emphases, GPAs, earning at least 90 credits in Arts and Sciences course work); mathematics competency at the MATH 111, MATH 112 or MATH 113 level.  Mathematics competency can be met in one of three ways:  (1) Achieve a score on the mathematics placement test that qualifies the student to enter MATH 114.  (2) Earn a grade of at least C (not C-) or a mark of S in MATH 111, MATH 112, or MATH 113.  (3) Achieve a satisfactory score on the MATH 112 competency test.  This test may be attempted no more than two times.

Major Requirements

Liberal Arts (Code 360-200)

Thirty-six semester credits in economics and supporting courses, including:
ECON 103Principles of Microeconomics3
ECON 104Principles of Macroeconomics3
ECON 303Intermediate Microeconomic Theory3
ECON 304Intermediate Macroeconomic Theory3
ECON 316Econometrics3
MATH 246Elementary Statistics4
Students may count a maximum of three courses from the following:
Introduction to Accounting
Environmental Economics
Health Economics
Lifetime Investing Principles and Strategies
Experiences of Minoritized Groups in U.S. Economy
Women and the Labor Market
Economic Development of Latin America
Women and Economic Development
Global Economics Immersion Experience

A student may substitute MATH 347 for MATH 246 in the major.

NOTE 1: MATH 111 or MATH 114 or their equivalent must be completed as part of the Liberal Education requirements.

NOTE 2: A maximum of six credits earned in ECON 399, ECON 494, ECON 495, ECON 496, ECON 498, and/or ECON 499 may count toward the major.

Program Learning Outcomes

Students completing this program will be expected to meet the following learning outcomes:

  • Use economic models (including supply and demand, models of the behavior of competitive and monopolistic firms, consumer optimization models, and macroeconomic models such as the Solow growth model, AS/AD model, and IS/LM model) to analyze economic behavior, social issues, and policy problems.
  • Assemble and analyze economic data to test economic hypotheses.
  • Effectively present their economic reasoning in concise written statements, extended research papers, or oral presentations.
  • Describe and explain the wide differences in economic outcomes by race, gender, and across countries.

Sample Degree Plan

 Economics, Major - Liberal Arts, B.A. or B.S.

The following is a sample degree plan, based on the 2023-2024 catalog. It is based on the 120-credit graduation requirement and assumes no transferred credits, no requirements waived by placement tests, no courses taken in the summer or winter, no repeated courses, and no remedial courses that may be required. This sample degree plan is intended for first-year students entering UW-Eau Claire in the fall semester. Your own degree plan may differ depending on the course of study selected (second major, minor, etc.). UW-Eau Claire cannot guarantee all courses will be offered as shown, but will provide a range of courses that may enable prepared students to fulfill their requirements in a timely period. This sample degree plan is just a guide. Please consult your advisor, your degree audit, and the catalog to create your own degree plan. Note: In order to earn the required minimum of 120 credits for the degree in four years, you should plan to take 15 credits each semester or 30 credits each year.

To earn a degree, students must fulfill all University Graduation Requirements, including the Liberal Education (LE) Core.  LE Core course work in the following sample degree plan uses abbreviations such as LE-K1, LE-S2, LE-R3, and LE-I1 to represent the learning outcomes students will meet via completion of their liberal education course work.  Please click here for a description of the Liberal Education Core outcomes and requirements.  Note that the LE Core may be completed through both course and non-course experiences.

Students in this major have the option to pursue either a Bachelor of Arts (B.A.) or a Bachelor of Science (B.S.) degree.  The degrees are distinguished by foreign language competency for the B.A. and a higher level of mathematics competency for the B.S.

FIRST YEAR
FIRST SEMESTER
MATH 109Algebra for Calculus (LE-S2)4
101-level Language BA Requirement (LE-S1)4
SECOND SEMESTER
MATH 111A Short Course in Calculus 14
102-level Language BA requirement4
SOME TIME IN THE FIRST YEAR
ECON 103Principles of Microeconomics (LE-K2)3
ECON 104Principles of Macroeconomics (LE-K2)3
WRIT 114Intensive Blugold Seminar in Critical Reading and Writing (LE-S1, 5 Credits)5
OR
Blugold Seminar in Critical Reading and Writing (LE-S1, 5 Credits)
OR
Accelerated Blugold Seminar in Critical Reading and Writing (LE-S1, 2 Credits)
OR
Blugold Seminar in Critical Reading and Writing for Transfer Students (LE-S1, 2 Credits)
TOTAL FIRST YEAR24-27
SECOND YEAR
FIRST SEMESTER
MATH 246Elementary Statistics (LE-S2)4
SECOND SEMESTER
ECON 316Econometrics3
SOME TIME IN THE SECOND YEAR
ECON 303Intermediate Microeconomic Theory3
ECON 304Intermediate Macroeconomic Theory3
SOME TIME IN THE FIRST OR SECOND YEAR
LE Option: Knowledge 1 (LE-K1) Natural Sciences3
LE Option: Knowledge 3 (LE-K3) Humanities3
LE Option: Knowledge 3 (LE-K3) Humanities3
LE Option: Knowledge 4 (LE-K4) Fine Arts3
LE Option: Responsibility 1 (LE-R1) Equity, Diversity, and Inclusivity3
LE Option: Responsibility 1 (LE-R1, DDIV) Equity, Diversity, and Inclusivity with Design for Diversity3
Minor Course3
TOTAL SECOND YEAR34
THIRD YEAR
SOME TIME IN THE THIRD YEAR
ECON 300-level Elective Course3
ECON 300-level Elective Course3
ECON 300-level Elective Course3
LE Option: Skills 3 (LE-S3) Creativity3
LE Option: Integration (LE-I1)3
LE Option: Responsibility 2 (LE-R2) Global Perspectives3
Minor Course3
Minor Course3
Minor Course3
Minor Course3
TOTAL THIRD YEAR30
FOURTH YEAR
FIRST SEMESTER
ECON 311History of Economic Thought (LE-I1)3
OR
Professional Internship (LE-I1)
SOME TIME IN THE FOURTH YEAR
ECON 300 or 400-level Elective Course3
ECON 300 or 400-level Elective Course3
LE Option: Knowledge 1 (LE-K1L) Natural Sciences with Lab4
LE Option: Responsibility 3 (LE-R3) Civic and Environmental Issues3
Minor Course3
Minor Course3
Minor Course3
Elective Credit to Reach 1200-3
Elective Credits to reach 1201
TOTAL FOURTH YEAR29

 Minimum total for the baccalaureate degree = 120 credits

1

Students who are considering graduate school in Economics are strongly encouraged to take additional math courses.  Students with grad school aspirations should take MATH 114. 

Note:  All students must complete the 30-hour Service-Learning Requirement via a non-credit or credit option (see University Graduation Requirements).

RECOMMENDATIONS FOR HIGH IMPACT PRACTICES (HIPs) 
The University of Wisconsin-Eau Claire encourages all students to participate in High Impact Practices.  The following information identifies any specific recommendations that faculty in this major have concerning which HIPs might be most beneficial to students, and any recommendations about when those HIPs best fit into the degree plan. Students should also consult their faculty advisor for information on HIPs. There are many additional high impact opportunities available. Talk to your academic advisor for more information about incorporating HIPs like Study AbroadIntercultural ImmersionInternship, and/or  Student/Faculty Collaborative Research into your time at UW-Eau Claire. 

The Department of Economics is highly active in the following areas. Please consult with the department chair to see how you might get more involved. 

  • Faculty/Student Research – over 40 researchers in economics every year. Students present at conferences regionally, nationally, and internationally, as well as co-author papers. 
  • International Immersions – At least 2 international immersion experiences available annually within the department of economics. 
  • Internships – Active class led internship program (ECON 498).

Liberal Education (LE) Core Guidance

Liberal Education Core (LE Core) 

The LE Core comprises 17 learning experiences across 11 learning outcomes. Students must complete a minimum of 36 credits in courses approved for the LE Core. 

  • K1 – Natural Sciences; two experiences (one lab science experience is required in K1 or K2). 

  • K2 – Social Sciences; two experiences (one lab science experience is required in K1 or K2). 

  • K3 – Humanities; two experiences. 

  • K4 – Fine Arts; one experience. 

  • S1 – Written and Oral Communication; two experiences (one experience must satisfy the University writing requirement). 

  • S2 – Mathematics; one experience (must satisfy the University math competency requirement). 

  • S3 – Creativity; one experience (can be fulfilled in a student’s major). 

  • R1 – Equity, Diversity, and Inclusivity; two experiences (one experience must meet the UW System Design for Diversity (DD) requirement). 

  • R2 – Global Perspectives; one experience. 

  • R3 – Civic and Environmental Issues; one experience. 

  • I1 – Integration; two experiences (one experience can be fulfilled in a student’s major). 

  • SL—Service Learning; 30 hours 

Additional LE Core Information 

  • Most LE Core learning experiences are course based, and many courses meet more than one learning outcome (e.g., K3 and R2 or K1 and R3). 

  • Some learning experiences can also be met outside of a traditional course (e.g., undergraduate research (S3), study abroad (I1)). 

  • S1 – An English placement score that fulfills the University writing requirement fulfills one S1 experience. 

  • S1 – A foreign Language placement score that qualifies the student to enter the 102 level satisfies one S1 experience. 

  • S1, R2 – A foreign language placement score that qualifies the student to enter the 202 level satisfies one experience in S1 and the R2 experience. 

  • S2 – A math placement score that qualifies the student to enter Math 111, 112, 113 or 114 fulfills the S2 experience. 

  • S3 – Completion of two credits from any approved music ensemble fulfills the S3 experience. 

  • I1 – Any semester long study abroad program can fulfill one I1 experience.