| |
Programs - Economics
The degree
program in Economics is offered by the Department of Humanities and
Social Sciences.
The curriculum in Economics is designed to respond to a growing
demand for students of economics who are rigorously trained in
mathematical methods of analysis. The Rose-Hulman program gives
students a broad background in economic analysis and an ability to
use sophisticated analytical techniques in their thinking and
decision-making. The quantitative training prepares the graduate for
further graduate study or for economic analysis work in government
or industry.
Students may also obtain a degree with a double major in Economics
and another field: mathematics, computer science, etc.
Learning Outcomes:
Upon graduating, Rose-Hulman Economics majors will be able to:
-
explain
core
economic
terms,
concepts
and
theories
- use
economic
theory
to
define,
analyze
and
solve a
wide
range of
problems.
-
collect,
process,
and
interpret
data
using
econometric
techniques
and
statistical
inference,
especially
to test
hypotheses
and
support
recommended
actions.
-
communicate
complex
economics
topics
in both
oral and
written
form.
-
independently
undertake
in-depth
economic
analysis.
ECONOMICS
PLAN OF STUDY
|
Freshman Year |
|
Fall Term |
Credit |
MA
RH
CHEM
CLSK
EM |
111
131
111
100
104 |
Calculus I .............................
Rhetoric & Composition
or
*Elective (HSS)....................
General Chemistry I.............
College and Life Skills ........
Graphical
Communications ............. |
5
4
4
1
2 |
| |
|
|
16 |
|
|
|
|
|
|
Winter Term |
Credit |
CSSE
MA
PH
RH |
120
112
111
131 |
Introduction to
Software Development..
Calculus II............................
Physics I...............................
*Elective (HSS)
or
Rhetoric &
Composition ... |
4
5
4
4 |
| |
|
|
17 |
|
|
|
|
|
|
Spring Term |
Credit |
CHEM
AB
MA
PH |
113
101
113
112 |
General Chemistry II
or
Essential Biology ...............
Calculus III...........................
Physics II..............................
*Elective (HSS)..................... |
4
5
4
4 |
| |
|
|
17 |
|
|
Sophomore Year |
|
Fall Term |
Credit |
MA
SV
|
221
151
|
Differential Equations and
Matrix Algebra I................
Principles of Economics.......
*Elective (HSS)......................
Elective
(Physical or Life Science).. |
4
4
4
4 |
| |
|
|
16 |
|
|
|
|
|
|
Winter Term |
Credit |
|
MA |
222 |
Differential Equations and
Matrix Algebra II ..............
Elective (Economics) ...........
*Elective (HSS).....................
Elective
(Physical or Life Science).. |
4
4
4
4 |
| |
|
|
16 |
|
|
|
|
|
|
Spring Term |
Credit |
|
|
|
Elective (Math) .....................
Elective (Economics) ...........
*Elective (HSS).....................
Elective
(Physical or Life Science).. |
4
4
4
4 |
| |
|
|
16 |
|
| |
*Humanities and Social Science courses are denoted
by the prefixes GS, IA, RH, SV, GE, JP, and SP.
In order to permit tailoring each student’s program
to best suit that student’s needs and interests, no specific courses
other than in Economics are required in the junior or senior years.
However, each student’s program must satisfy the following minimum
requirements:
| 1. |
20 credits of required
Economics courses: |
|
SV151 |
Principles of Economics |
|
IA350 |
Intermediate Microeconomics |
|
IA351 |
Intermediate Macroeconomics |
|
SV450 |
Introduction to Econometrics |
|
XX456 |
Seminar for Economics Majors |
|
XX457 |
Directed Study for Economics Senior
Project |
| 2. |
24 additional credits in
Economics electives. |
| 3. |
27 credits in required
Mathematics courses: |
|
MA111, 112, 113 |
Calculus I, II, III |
|
MA221, 222 |
Differential Equations and Matrix
Algebra I, II |
|
MA223 |
Engineering Statistics I or |
|
MA381 |
Introduction to Probability |
| 4. |
12 additional credits in
Mathematics other than MA351-356. |
| 5. |
36 credits
in Humanities and Social Sciences. Each student must fulfill the
HSS graduation requirements. |
| 6. |
24 credits in Physical
or Life Science. |
| SUMMARY |
Credits |
| Economics |
44 |
| Mathematics |
39 |
| Humanities and Social Sciences |
36 |
| Computer Science |
4 |
| Physical or Life Science |
24 |
| Free Electives |
40 |
| Other |
3 |
| TOTAL |
190 |
|
