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DEPARTMENT OF ECONOMICS

DEPARTMENT OF ECONOMICS
Undergraduate Courses
GRADUATE DEPARTMENT
Graduate Courses

Undergraduate Department of Economics

COLLEGE OF SOCIAL SCIENCES & PUBLIC POLICY

Website: https://coss.fsu.edu/economics

Chair: John Hamman; Professors: Atolia, Hamman, Holcombe, Kitchens, Krishna, Kwasnica, Isaac, Kantor, S. Norrbin; Associate Professors: Boosey, Cano-Urbina, Gentry, J. Kim, Norton, Rodgers, Yang; Assistant Professors: Brown, Cheng, Cockriel, Y. Kim, Moorthy, Padmakumar, Reshidi, Tuncel, Yewell; Teaching Professors: Calhoun,
O. Norrbin, Sherron; Associate Teaching Professors: Ardakani, Hammock; Assistant Teaching Professor: Andrei; Courtesy and Adjunct Faculty: Bergan, Großer, Leverette, Stratis; Professors Emeriti: Beaumont, Benson, Canterbery, Cobbe, Downing, Fournier, Ihlanfeldt, Laird, Macesich, Marquis, McCaleb, Rasmussen, Rockwood, Schlagenhauf, Schmertmann

The Department of Economics offers an excellent curriculum that is as diversified as the discipline itself. The program strives to make undergraduates aware of the critical issues in economic science and policy, to provide them with a basic understanding of the tools needed to analyze those issues, and to prepare them for academic or professional opportunities beyond the baccalaureate degree.

The Department of Economics cooperates in the following interdivisional programs: international affairs, the interdisciplinary program in social science, Asian studies, Russian and East European studies, African American studies, demography, financial mathematics, public health, and social science education.

Digital Literacy Requirement

Students must complete at least one course designated as meeting the Digital Literacy Requirement with a grade of “C–” or higher. Courses fulfilling the Digital Literacy Requirement must accomplish at least three of the following outcomes:

  • Evaluate and interpret the accuracy, credibility, and relevance of digital information

  • Evaluate and interpret digital data and their implications

  • Discuss the ways in which society and/or culture interact with digital technology

  • Discuss digital technology trends and their professional implications

  • Demonstrate the ability to use digital technology effectively

  • Demonstrate the knowledge to use digital technology safely and ethically

Each academic major has determined the courses that fulfill the Digital Literacy requirement for that major. Students should contact their major department(s) to determine which courses will fulfill their Digital Literacy requirement.

Undergraduate majors in economics satisfy this requirement by earning a grade of “C–” or higher in ECO 4421.

State of Florida Common Program Prerequisites for Economics

The Florida Virtual Campus (FLVC) houses the statewide, internet-based catalog of distance learning courses, degree programs, and resources offered by Florida's public colleges and universities, and they have developed operational procedures and technical guidelines for the catalog that all institutions must follow. The statute governing this policy can be reviewed by visiting https://www.flsenate.gov/Laws/Statutes/2021/1006.73.

FLVC has identified common program prerequisites for the degree program in Economics. To obtain the most up-to-date, state-approved prerequisites for this degree, visit: https://cpm.flvc.org/programs/31/193.

Specific prerequisites are required for the upper-division program and should be completed by the student at either a community college or a state university prior to their junior year.

Requirements

Students majoring in economics will have earned 52 or more acceptable credit hours, an overall GPA of 2.5 in ECO2013 and ECO2023 , and individual grades of C or better in the four prerequisite courses: ECO2013, ECO2023, a math course (MAC1105, MAC1140, MAC1147, MAC2233, or MAC2311), and an introductory statistics course (STA2023, STA2122, or STA4321), and in good standing with the University. Upper-division transfer students are evaluated for their academic progress after completing their first term at FSU as a full-time student. All students must meet “mapping” requirements to remain in the upper-division major. Consult https://www.academic-guide.fsu.edu for more information.

Major in Economics

Beyond ECO 2013 and ECO 2023, completion of the economics major requires four core courses (ECO3101, 3203, 3431, 4421) and an additional 15 credit hours of upper-division economics electives. Students must also complete the two supporting courses: STA2023, 2122, or 4321 (choose one); and MAC2311 Calculus I or MAC2233 Business Calculus as of Fall 2024. A total of three economics internship (ECO 4941) hours and six honors thesis (ECO 4934) hours may count toward elective requirements for the economics major.

Students must maintain an overall average grade of “C” in economics and supporting courses. Majors will not receive credit toward the major requirements for economics courses in which a grade of less than “C–” has been earned. A minimum of 18 credit hours in economics must be taken at Florida State University. No more than 12 hours of upper-division economics transfer credit will be accepted toward major requirements by the department. Transfer credit intended to satisfy major requirements is subject to the approval of the Undergraduate Director for Economics. If more than six years has elapsed between the last active term of enrollment at FSU and the term of readmission, students seeking readmission to FSU will be subject to the economics major requirements in effect at the time of readmission.

A student majoring in economics must complete the minor requirements specified by a supporting academic department. Recommended minors include business, business analytics, entrepreneurship, mathematics, statistics, computer science, history, psychology, and any of the minors available in the College of Social Sciences.

In accordance with University mapping milestones, undergraduate students who intend to major in economics should take ECO 2013, 2023, and the supporting courses in mathematics and statistics before completing CoreFSU Curriculum. The principles courses (ECO 2013, 2023) may be taken in either order, though the preferred order is to take ECO2023 first. Students may take both ECO2013 and ECO2023 at the same time.

Academic Performance

No required course in which a student has earned a grade below “C–” may be applied toward any of the degrees in economics. Students must also make a “C” or better in ECO 2013 and ECO 2023.

A student who has received more than two unsatisfactory grades (U, F, D–, D, D+) in upper division economic courses required for any major offered by the Department of Economics, taken at Florida State University, including repeated unsatisfactory grades in the same required course, will not be permitted to graduate with a degree in that major.

Degrees

Majors in economics may be awarded the Bachelor of Science (BS) degree upon completion of all University requirements for the degree.

Honors in the Major

An Honors-only section of at least one of the principles courses (ECO 2013 or ECO 2023) is offered Fall and Spring for lower-division Honors students. The Department of Economics offers honors in the major to encourage talented juniors and seniors to undertake independent and original research as part of the undergraduate experience. For requirements and other information, see the “University Honors Office and Honor Societies” chapter of this General Bulletin.

Minor in Economics

A minor requires 15 credit hours in departmental courses, including ECO 2013 and 2023, each with a grade of “C” or better and at least one course selected from ECO 3101, 3203, 3431, or 4421(pre-requisite ECO 3431). Students will not receive credit toward the minor for courses in which a grade less than “C–” has been earned.

Economics minors must have at least a “C” (2.0) grade point average in their economics coursework. ECO 2000 will not count toward the minor. No more than six credit hours of transfer credit will be accepted toward the minor.