Department of Economics

Mission Statement

The mission of the Department of Economics at The University of Texas at San Antonio is to offer courses and degree programs at both the undergraduate and graduate levels that provide students with the opportunity to gain the necessary theoretical and quantitative tools in economics such that they can understand and apply economics in their daily lives, seek advanced degrees in economics, pursue careers in the global marketplace, and engage in public policy-making. It is also the mission of the Department to provide an environment for its faculty and students to engage in research that will further the understanding of economics and enhance the reputation of the Department, the Carlos Alvarez College of Business, and the University.

The Department of Economics offers both a Bachelor of Science degree and a Bachelor of Business Administration degree in Economics. Economics is a highly versatile major that assists students in pursuing a variety of careers, including positions in business, the public sector, the legal field, and politics, where knowledge of economics is a fundamental asset. The department also offers a minor in economics that is open to all majors in the University.

Bachelor of Business Administration Degree in Business Economics

The minimum semester credit hours for the Bachelor of Business Administration (B.B.A.) degree in Business Economics is 120, at least 39 of which must be at the upper-division level.

All candidates seeking this degree must fulfill the Core Curriculum requirements, the Common Body of Knowledge (CBK) requirements, and the degree requirements, which are listed below.

Core Curriculum Requirements (42 semester credit hours)

Students seeking the B.B.A. degree in Business Economics must fulfill University Core Curriculum requirements in the same manner as other students.

MAT 1053 or MAT 1133 should be used to satisfy the core requirement in Mathematics (020).

ECO 2023 should be used to satisfy the core requirement in Social and Behavioral Sciences (080).

ECO 2013 should be used to satisfy the Core Component Area Option (090).

MAT 1053, ECO 2013, and ECO 2023 may be used to satisfy both Core Curriculum requirements and Common Body of Knowledge (CBK) requirements.

All degrees in the Carlos Alvarez College of Business (ACOB) require 120 hours. If students elect to take a course that satisfies both a Core and ACOB requirement, students may need to take an additional course to meet the 120 hours.

Click here to view the list of all Core Curriculum Component Area Requirements.

Career Compass: Professional Development Requirement

All undergraduate students in the Alvarez College of Business must complete Career Compass, a structured professional development requirement, as a condition of graduation. Career Compass is fulfilled through approved career-readiness activities that integrate academic learning with industry engagement and employer-valued competencies. Student progress is tracked throughout their academic program. Upon completion of all Career Compass requirements, students are automatically enrolled in BU 1010 Career Compass: Professional Development Program, which serves as official verification of completion.

Common Body of Knowledge (CBK)

All students seeking a B.B.A. degree must complete the following Common Body of Knowledge (CBK) courses in addition to the Core Curriculum. The CBK is comprised of 45 semester credit hours, 9 of which can apply to the core curriculum requirementsStudents completing degree course requirements with fewer than 120 semester credit hours will augment their program with electives.

ACC 2013Principles of Accounting I3
ACC 2033Principles of Accounting II3
ECO 2013Introductory Macroeconomics (satisfies Component Area Option Core Curriculum requirement)3
ECO 2023Introductory Microeconomics (satisfies Social and Behavioral Sciences Core Curriculum requirement)3
FIN 3013Principles of Business Finance3
GBA 3001Foundations of Business Career Readiness 11
GBA 3002Communication for Business 12
ISC 3003Principles of Information Systems for Management3
MAT 1053Mathematics for Business (satisfies Mathematics Core Curriculum requirement) 23
MGT 3013Introduction to Organization Theory, Behavior, and Management3
MGT 3113Legal, Social, and Ethical Issues in Business3
MKT 3013Principles of Marketing3
BAN 1023Introduction to Business Statistics 33
BAN 3123Fundamentals of Business Analytics 43
SCM 3013Principles of Operations and Supply Chain Management (Principles of Operations and Supply Chain Management)3
Experiential Learning Component (Select at least one) 53
Management Strategy (recommended, taken in semester of graduation)
Communication and Visualization of Impactful Research
Global Business Immersion I
Business Consulting Practicum
Honors Thesis
Supervised undergraduate research experience 6
Internship 7
Total Credit Hours45
1

Students may substitute the pair of GBA 3001 and GBA 3002 with MGT 3003. Students may only apply MGT 3003 or the pair of GBA 3001 and GBA 3002 toward the requirements of a B.B.A. degree.

2

Students may elect to substitute MAT 1093MAT 1213MAT 1214MAT 1223, or MAT 1224 for MAT 1053. Students electing to take a higher-level math will need to meet prerequisites or achieve satisfactory performance on a placement examination. Visit UT San Antonio's Testing Services for more information regarding math placement exams. Actuarial Science majors must take MAT 1213.

3

Actuarial Science majors must take STA 3003 in lieu of BAN 1023.

4
Economics majors must take either ECO 3103 Data Analytic Methods for Economics and Business or BAN 3043 Statistical Methods for Business in lieu of BAN 3123. Finance majors are recommended to take ECO 3103 Data Analytic Methods for Economics and Business or BAN 3043 Statistical Methods for Business in lieu of BAN 3123.
5

Students pursuing a B.B.A. degree in Cybersecurity Online must complete ISC 4893 to fulfill this requirement. Coursework applied toward the Experiential Learning Component may not be applied toward the major or support work hours. Some Experiential Learning courses may be repeated for additional credit that may be applied toward major or support work hours.

6

Undergraduate research experience must be for credit in the College of Business, such as GBA 4033 or GBA 4993.

7

Internships must be taken for credit in the College of Business and approved before the internship starts. These courses are designated as 4933 within each department offering a business internship. 

Gateway Course

Students pursuing the B.B.A. degree in Business Economics must successfully complete the business math gateway course MAT 1053 (TCCN MATH 1324) or equivalent with a grade of "C-" or better in no more than two attempts. A student who is unable to successfully complete this course within two attempts, including dropping the course with a grade of “W” or by taking an equivalent course at another institution, will be required to change their major outside of business. Upon the second failed attempt students will be changed to undeclared and will not be eligible for any Bachelor of Business Administration (B.B.A) degree or a Bachelor of Science in Economics degree. 

MAT 1053Mathematics for Business3

Degree Requirements

A. Major Requirements27
Introductory Macroeconomics (core, major, and CBK) 1
Introductory Microeconomics (core, major, and CBK) 1
Intermediate Microeconomics
Intermediate Macroeconomics
Money and Banking
Managerial Economics and Business Strategy
Data Analytic Methods for Economics and Business (major and CBK) 1, 2
Statistical Methods for Business
Introduction to Econometrics
3 semester credit hours of upper-division Economics electives
B. Support Work39
Calculus for Business 3
Business Common Body of Knowledge (45 SCH) (9 SCH satisfy core curriculum requirements) 1, 2
C. Free Electives12
Select at least 12 but no more than 21 semester credit hours of free electives, dependent on completion of Core Curriculum Coursework.
Total Credit Hours78
1

Semester credit hours for ECO 2013, ECO 2023, and either ECO 3103 or BAN 3043 count toward the Major requirement in this course list but also fulfill 9 semester credit hours of CBK and 6 semester credit hours of Core Curriculum.

2

Take ECO 3103 or BAN 3043 in lieu of BAN 3123 to fulfill CBK requirement.

3

Students may elect to substitute MAT 1213 or MAT 1223 for MAT 1133

4

If applicable, a course appearing under a focus option may be counted toward Major or Support Work requirements and not as a free elective. Note that an individual focus option may not exhaust the semester credit hours available for free electives. Semester credit hours required to achieve the total of 120 semester credit hours for the degree can be completed by way of one or more focus options, or by using any other combination of free electives.

Recommendations

To facilitate adequate advising, students with an interest in pursuing graduate education in Economics or Finance, particularly a Ph.D., are strongly recommended to inform the chair of the Economics department as soon as possible, ideally by the Fall of the Third Year.

To help satisfy the Free Electives requirement, students are recommended (but not required) to complete a minor or one of the Focus Options listed in the tables below. Please note that previously earned credits may already satisfy some or all of the Free Elective hours needed for the degree, so coursework taken toward completion of a minor or focus option could exceed the minimum requirements.

Focus Options

A Focus Option is not a formal designation or credential. It is a pathway of courses connected by a theme, to support the degree planning of a student. One or more Focus Options may be pursued to help satisfy the Free Electives requirement. Completion of a Focus Option will not be noted on the transcript or diploma. If applicable, a course appearing under a Focus Option may be counted toward the Major or Support Work requirements instead of the Free Elective requirement. Completion of a Focus Option may or may not exhaust the semester credit hours available for free electives, depending on the completion of Core Curriculum Coursework.

Focus Option 1, Quantitative Economics and Analytics1
BAN 3053Business Modeling and Optimization3
BAN 3083Data Management for Business Analytics3
or STA 4233 Introduction to Programming and Data Management in R
or STA 4243 Data Exploratory Methods with Python
ECO 3113Quantitative Methods for Economics and Business 23
or ECO 3253 Economics of Public and Social Issues
ECO 4113Advanced Economic Analysis3
or ECO 4413 Game Theory
or ECO 4513 Industrial Organization
or ECO 4553 Public Economics
or ECO 4583 Labor Economics
or ECO 4813 Seminar on Research in Economics
Three of the following:9
Visualization in Business Analytics
Statistical Methods for Business
Regression Models for Business Analytics
Statistical Modeling for Business Analytics
Data Mining for Business Analytics
Statistical Sampling
Introduction to Data Science and Analytics
Data Mining and Predictive Modeling
Total Credit Hours21
1

Careful selection of courses within this focus option allows for a declared certificate or minor in Business Analytics.

2

This ECO course can be counted as an elective towards the Major requirement.

 Focus Option 2, Quantitative Economics and Finance1
ECO 4233Behavioral Economics and Finance 23
ACC 3023Intermediate Accounting I3
FIN 3033Principles of Investment3
FIN 3063Computer Modeling of Financial Applications3
FIN 3453Derivative Markets3
FIN 4613Introduction to International Finance3
FIN 3023Intermediate Corporate Finance3
or FIN 3603 Introduction to Data Science for Finance Majors
or FIN 4553 Data Analytics in Finance
or FIN 4573 Introduction to FinTech
Total Credit Hours21
1

This focus option allows for a declared minor in Finance.

2

This ECO course can be counted as an elective towards the Major requirement.

 Focus Option 3, Economics Pre-Ph.D.1
ECO 3113Quantitative Methods for Economics and Business 23
or ECO 4113 Advanced Economic Analysis
MAT 1213Calculus I 33
MAT 1223Calculus II3
MAT 2213Calculus III3
MAT 2233Linear Algebra3
or MAT 2253 Applied Linear Algebra
MAT 3613Differential Equations I3
MAT 3013Foundations of Mathematics3
MAT 3213Foundations of Analysis3
Total Credit Hours24
1

This focus option allows for a declared minor in Mathematics.

2

This ECO course can be counted as an elective towards the Major requirement.

3

Take MAT 1213 in lieu of MAT 1133 to satisfy the Support Work requirement of the major.

Focus Option 4, Complementary Minor 
A minor in one of the following related disciplines:18
Accounting
Business Analytics
Finance
Politics and Law
Public Administration and Policy

Course Sequence Guide for B.B.A. Degree in Business Economics

This course sequence guide is designed to assist students in completing their UT San Antonio undergraduate business degree requirements. This is a term-by-term sample course guide. Students must satisfy other requirements in their catalog and meet with their academic advisor for an individualized degree plan. Progress within this guide depends upon such factors as course availability, individual student academic preparation, student time management, work obligations, and individual financial considerations. Students may choose to take courses during Summer terms to reduce course loads during long semesters.

Recommended Four-Year Academic Plan

Plan of Study Grid
First Year
FallCredit Hours
AIS 1233 AIS: Business (core) 3
WRC 1013 Freshman Composition I (core) 3
MAT 1053 Mathematics for Business (core and CBK) 1 3
ECO 2013
Introductory Macroeconomics (core, CBK, and major) 1
or Introductory Microeconomics
3
American History (core) 3
 Credit Hours15
Spring
WRC 1023 Freshman Composition II (core) 3
BAN 1023 Introduction to Business Statistics (CBK) 3
ECO 2023
Introductory Microeconomics (core, CBK, and major) 1
or Introductory Macroeconomics
3
ISC 3003 Principles of Information Systems for Management (CBK) 3
Language, Philosophy & Culture (core) 3
 Credit Hours15
Second Year
Fall
MAT 1133 Calculus for Business (support work) 3
ECO 3103
Data Analytic Methods for Economics and Business (major and CBK, instead of BAN 3123)
or Statistical Methods for Business
3
ECO 3313 Money and Banking (major) 3
ACC 2013 Principles of Accounting I (CBK) 3
Government-Political Science (core) 3
 Credit Hours15
Spring
ECO 3013 Intermediate Microeconomics (major) 3
ACC 2033 Principles of Accounting II (CBK) 3
MGT 3013 Introduction to Organization Theory, Behavior, and Management 3
GBA 3001 Foundations of Business Career Readiness (CBK) 1
GBA 3002 Communication for Business (CBK) 2
Creative Arts (core) 3
 Credit Hours15
Third Year
Fall
ECO 3053 Intermediate Macroeconomics (major) 3
FIN 3013 Principles of Business Finance (CBK) 3
SCM 3013 Principles of Operations and Supply Chain Management (CBK) 3
Focus option or elective (free elective) 3
Government-Political Science (core) 3
 Credit Hours15
Spring
ECO 3033 Managerial Economics and Business Strategy (major) 3
ECO 3123 Introduction to Econometrics (major) 3
MKT 3013 Principles of Marketing (CBK) 3
Focus option or elective (free elective) 3
Life & Physical Sciences (core) 3
 Credit Hours15
Fourth Year
Fall
BU 1010 Career Compass: Professional Development Program 2 0
MGT 3113 Legal, Social, and Ethical Issues in Business (CBK) 3
Upper-division economics elective (3XXX or 4XXX level) (major) 3
Focus option or elective (free elective) 3
Focus option or elective (free elective) 3
American History (core) 3
 Credit Hours15
Spring
MGT 4893 Management Strategy (CBK) 3
Focus option or elective (free elective) 3
Focus option or elective (free elective) 3
Focus option or elective (free elective) 3
Life & Physical Sciences (core) 3
 Credit Hours15
 Total Credit Hours120
1

Carlos Alvarez College of Business students should take MAT 1053 (or MAT 1093), ECO 2013, and ECO 2023 to satisfy both Core Curriculum and CBK requirements.

2

Students are auto-enrolled in BU 1010 Career Compass: Professional Development Program once they have become Career Compass complete, usually in the final year of their program.

Bachelor of Science Degree in Economics

The minimum semester credit hours for the Bachelor of Science (B.S.) degree in Economics is 120, at least 39 of which must be at the upper-division level.

All candidates seeking this degree must fulfill the Core Curriculum requirements and the degree requirements, which are listed below. All degrees in the Carlos Alvarez College of Business require 120 hours.

Core Curriculum Requirements (42 semester credit hours)

Students seeking the B.S. degree in Economics must fulfill University Core Curriculum requirements in the same manner as other students.

MAT 1053 (or MAT 1093) and MAT 1133 (or MAT 1213) should be used to satisfy the core requirement in Mathematics (020) and the core requirement in the Component Area Option (090). 

ECO 2013 or ECO 2023 should be used to satisfy the core requirement in Social and Behavioral Sciences (080).

Click here to view the list of all Core Curriculum Component Area Requirements.

Career Compass: Professional Development Requirement

All undergraduate students in the Alvarez College of Business must complete Career Compass, a structured professional development requirement, as a condition of graduation. Career Compass is fulfilled through approved career-readiness activities that integrate academic learning with industry engagement and employer-valued competencies. Student progress is tracked throughout their academic program. Upon completion of all Career Compass requirements, students are automatically enrolled in BU 1010 Career Compass: Professional Development Program, which serves as official verification of completion.

Gateway Course

Students pursuing the B.S. degree in Economics must successfully complete the business math gateway course MAT 1053  (TCCN MATH 1324) or equivalent with a grade of "C-" or better in no more than two attempts. A student who is unable to successfully complete this course within two attempts, including dropping the course with a grade of “W” or by taking an equivalent course at another institution, will be required to change their major outside of business. Upon the second failed attempt students will be changed to undeclared (UND) and will not be eligible for any Bachelor of Business Administration (B.B.A) degree or a Bachelor of Science in Economics degree. 

MAT 1053Mathematics for Business3

Degree Requirements

In addition to the Core Curriculum requirements, all candidates for the degree must complete the following degree requirements.

A. Major Requirements33
Introductory Macroeconomics 1
Introductory Microeconomics 1
Economics of Public and Social Issues
Quantitative Methods for Economics and Business
Intermediate Microeconomics
Intermediate Macroeconomics
Data Analytic Methods for Economics and Business
Statistical Methods for Business
Introduction to Econometrics
Advanced Economic Analysis
Game Theory
Industrial Organization
Public Economics
Labor Economics
Seminar on Research in Economics
9 semester credit hours in upper-division Economics electives
B. Support Work 29
Precalculus 1
Mathematics for Business
Calculus I 1
Calculus for Business
Statistical Methods and Applications
Introduction to Business Statistics
Applied Probability and Statistics for Engineers
C. Free Electives36
Select at least 36 but no more than 45 semester credit hours of free electives, dependent on completion of Core Curriculum Coursework. Students must select at least 9 and up to 12 semester credit hours of upper-division coursework to meet the University minimum requirement of 39 upper-division semester credit hours.
Total Credit Hours78
1

ECO 2013 and ECO 2023 may also be used to satisfy Core requirement in Social and Behavioral Sciences and the Component Area Option. (MAT 1093 or MAT 1053) and (MAT 1213 or MAT 1133) may also be used to satisfy the Core requirement in Mathematics and the Component Area Option.

2

Students considering graduate education in quantitative business disciplines (e.g. Economics, Finance, Business Analytics) or quantitative public policy are recommended to take MAT 1093, MAT 1213, and STA 3003. MAT 1223 may substitute for MAT 1053 or MAT 1093 for students that place directly into MAT 1213.

Recommendations

To facilitate adequate advising, students with an interest in pursuing graduate education in Economics, Finance, Accounting, Data Science, or Analytics, particularly a Ph.D., are strongly recommended to inform the chair of the Economics department as soon as possible, ideally by the Fall of the Third Year. To be a competitive candidate for admission to a Ph.D. program in Economics or Finance, students are strongly recommended to complete the Economics Pre-Ph.D. Focus Option (see below).  A minor in Mathematics is also strongly advised.

To help satisfy the Free Electives requirement, students are recommended (but not required) to complete one or more of the Focus
Options listed in the tables below or a minor, such as in a quantitative discipline (e.g., Mathematics, Statistics, Computer Science, or Business Analytics) or in a related social science (e.g., Political Science, Politics and Law, Sociology, Psychology, or Public Administration and Policy). Please note that previously earned credits may already satisfy some or all of the Free Elective hours needed for the degree, so coursework taken toward completion of a focus option could exceed the minimum requirements.

Focus Options

A Focus Option is not a formal designation or credential. It is a pathway of courses connected by a theme to support the degree
planning of a student. One or more Focus Options may be pursued to help satisfy the Free Electives requirement. Completion of a
Focus Option will not be noted on the transcript or diploma. If applicable, a course appearing under a Focus Option may be counted
toward the Major or Support Work requirements instead of the Free Elective requirement. Completion of a Focus Option may not
exhaust the semester credit hours available for free electives.

Focus Option 1: Quantitative Economics and Analytics1
BAN 3053Business Modeling and Optimization3
BAN 3083Data Management for Business Analytics3
or STA 4233 Introduction to Programming and Data Management in R
or STA 4243 Data Exploratory Methods with Python
ECO 3113Quantitative Methods for Economics and Business 23
or ECO 3253 Economics of Public and Social Issues
ECO 4113Advanced Economic Analysis 33
or ECO 4413 Game Theory
or ECO 4513 Industrial Organization
or ECO 4553 Public Economics
or ECO 4583 Labor Economics
or ECO 4813 Seminar on Research in Economics
ISC 2053Programming I3
or CS 1063 Introduction to Computer Programming I
or CS 1083 Programming I for Computer Scientists
Three of the following:9
Visualization in Business Analytics
Statistical Methods for Business
Regression Models for Business Analytics
Statistical Modeling for Business Analytics
Data Mining for Business Analytics
Statistical Sampling
Introduction to Data Science and Analytics
Data Mining and Predictive Modeling
Total Credit Hours24
1

Careful selection of courses within this focus option allows for a declared certificate or minor in Business Analytics.

2

This ECO course can count toward the Major requirement.

3

This ECO course can be counted as an elective toward the Major requirement.

Focus Option 2: Quantitative Economics and Finance1
ECO 3313Money and Banking 23
or FIN 3313 Interest Rates, Money and Banking
ECO 4233Behavioral Economics and Finance 23
ACC 2013Principles of Accounting I3
ACC 2033Principles of Accounting II3
ACC 3023Intermediate Accounting I3
FIN 3013Principles of Business Finance3
FIN 3033Principles of Investment3
FIN 3063Computer Modeling of Financial Applications3
FIN 3453Derivative Markets3
FIN 4613Introduction to International Finance3
FIN 3023Intermediate Corporate Finance3
or FIN 3603 Introduction to Data Science for Finance Majors
or FIN 4553 Data Analytics in Finance
or FIN 4573 Introduction to FinTech
Total Credit Hours33
1

This focus option allows for a declared minor in Finance.

2

This ECO course can be counted as an elective toward the Major requirement.

Focus Option 3: Human and Social Well-being
Two of the following:6
Introduction to Sociology
Human Geography: People, Place, Culture
Introduction to Psychology
Four of the following: 112
Health Economics and Policy
Economics of Public and Social Issues
Environmental Economics
Economics of Migration
Behavioral Economics and Finance
Development Economics
Public Economics
Labor Economics
Four of the following, with no more than two from the same department:12
Geography of Local Economic Activity
Urban Planning and Development
Conservation of Resources
Geography of Globalization and Development
Urban and Regional Analysis
International Political Economy
The Welfare State in Comparative Perspective
Political Economy
Globalization
Social Psychology
Cognitive Psychology
Industrial and Organizational Psychology
The Sociology of Work and Occupations
Poverty
Total Credit Hours30
1

These ECO courses can be counted as electives toward the Major requirement.

Focus Option 4: Economics Pre-Ph.D.1 
ECO 3113Quantitative Methods for Economics and Business 23
or ECO 4113 Advanced Economic Analysis
ECO 4813Seminar on Research in Economics 23
ISC 2053Programming I3
or CS 1063 Introduction to Computer Programming I
or CS 1083 Programming I for Computer Scientists
or CS 2073 Computer Programming with Engineering Applications
MAT 1213Calculus I 33
MAT 1223Calculus II3
MAT 2213Calculus III3
MAT 2233Linear Algebra3
or MAT 2253 Applied Linear Algebra
MAT 3613Differential Equations I3
MAT 3013Foundations of Mathematics3
MAT 3213Foundations of Analysis3
STA 3513Probability3
STA 3523Mathematical Statistics for Inference3
Total Credit Hours36
1

This focus option allows for a declared minor in Mathematics.

2

This ECO course can be counted as an elective toward the Major requirement.

3

Take MAT 1213 in lieu of MAT 1133 to satisfy the Support Work requirement of the major.

Focus Option 5: Economics and Machine Learning/Artificial Intelligence
ECO 4413Game Theory 13
MAT 1213Calculus I 23
MAT 1223Calculus II3
CS 1083Programming I for Computer Scientists3
or CS 1063 Introduction to Computer Programming I
or ISC 2053 Programming I
CS 2713Computer Programming in C3
or ISC 2063 Programming II
CS 3793Artificial Intelligence3
or CS 4253 Machine Learning
or CS 4263 Deep Learning
or ISC 4043 Natural Language Processing
Total Credit Hours18
1

This ECO course can be counted as an elective toward the Major requirement.

2

Take MAT 1213 in lieu of MAT 1133 to satisfy the Support Work requirement of the major.

Course Sequence Guide for B.S. Degree in Economics

This course sequence guide is designed to assist students in completing their UT San Antonio undergraduate business degree requirements. This is a term-by-term sample course guide. Students must satisfy other requirements in their catalog and meet with their academic advisor for an individualized degree plan. Progress within this guide depends upon such factors as course availability, individual student academic preparation, student time management, work obligations, and individual financial considerations. Students may choose to take courses during Summer terms to reduce course loads during long semesters.

Recommended Four-Year Academic Plan

Plan of Study Grid
First Year
FallCredit Hours
AIS 1233 AIS: Business (core) 3
WRC 1013 Freshman Composition I (core) 3
MAT 1053
Mathematics for Business (core and support work) 1
or Precalculus
3
ECO 2013
Introductory Macroeconomics (core) 1
or Introductory Microeconomics
3
American History (core) 3
 Credit Hours15
Spring
WRC 1023 Freshman Composition II (core) 3
BAN 1023
Introduction to Business Statistics (support work)
or Applied Probability and Statistics for Engineers
or Statistical Methods and Applications
3
ECO 2023
Introductory Microeconomics 1
or Introductory Macroeconomics
3
MAT 1133
Calculus for Business (core and support work) 1
or Calculus I
3
Language, Philosophy & Culture (core) 3
 Credit Hours15
Second Year
Fall
ECO 3253
Economics of Public and Social Issues (major)
or Quantitative Methods for Economics and Business
3
ECO 3103
Data Analytic Methods for Economics and Business (major)
or Statistical Methods for Business
3
Focus option or elective (free elective) 3
Focus option or elective (free elective) 3
Government-Political Science (core) 3
 Credit Hours15
Spring
ECO 3013 Intermediate Microeconomics (major) 3
Focus option or elective (free elective) 3
Focus option or elective (free elective) 3
Focus option or elective (free elective) 3
Life & Physical Sciences (core) 3
 Credit Hours15
Third Year
Fall
ECO 3053 Intermediate Macroeconomics (major) 3
ECO 3123 Introduction to Econometrics (major) 3
Focus option or elective (free elective) 3
Focus option or elective (free elective) 3
Creative Arts (core) 3
 Credit Hours15
Spring
Upper-division ECO elective (3000- or 4000-level) (major) 3
Upper-division focus option or elective (free elective) 3
Focus option or elective (free elective) 3
Free Elective 3
Life & Physical Sciences (core) 3
 Credit Hours15
Fourth Year
Fall
BU 1010 Career Compass: Professional Development Program 2 0
ECO 4113
Advanced Economic Analysis (major)
or Game Theory
or Industrial Organization
or Public Economics
or Labor Economics
or Seminar on Research in Economics
3
Upper-division ECO elective (3000- or 4000-level) (major) 3
Upper-division focus option or elective (free elective) 3
Free Elective 3
American History (core) 3
 Credit Hours15
Spring
Upper-division ECO elective (3000- or 4000-level) (major) 3
Upper-division focus option or elective (free elective) 3
Upper-division focus option or elective (free elective) 3
Free Elective 3
Government-Political Science (core) 3
 Credit Hours15
 Total Credit Hours120
1

Carlos Alvarez College of Business students should take MAT 1053 (or MAT 1093), ECO 2013, and ECO 2023 to satisfy Core Curriculum requirements.

2

Students are auto-enrolled in BU 1010 Career Compass: Professional Development Program once they have become Career Compass complete, usually in the final year of their program.

Accelerated Master of Science in Economics

The Department of Economics offers an Accelerated Economics Program tailored to UT San Antonio students who demonstrate exceptional motivation and qualifications and aspire to develop marketable skills in data-centric economic analysis and decision-making. Designed to facilitate a seamless transition into the Master of Science program and provide an expedited admission process, this program allows participants to initiate their graduate studies as early as the senior year of their undergraduate education.

The benefit of the accelerated program is it allows students to complete some graduate courses while still earning their undergraduate degree. In addition, students have the potential to reduce their time until graduation (e.g., students can start completing their graduate-level coursework during their senior year) and save money (e.g., students are not charged an application fee and potentially could double count one course); the program also creates an easier transition into graduate school (i.e., a known admission into graduate school while in their undergraduate education and a constant connection with UT San Antonio faculty and staff).

Program Admission Requirements

An individual seeking admission into the Accelerated Program in Economics must meet the following minimum requirements: 1) be a current UT San Antonio student enrolled in a bachelor's degree program, 2) complete 90 semester credit hours in their bachelor's degree program by the end of the semester of application, and 3) have an overall university grade point average of 3.0 or higher.

A free application must be completed and submitted online. If the applicant meets the minimum requirements for admission, they will be contacted for a meeting to review the applicant file, to provide the undergraduate degree plan expected of the applicant if admitted to the accelerated program, and to discuss the expectations of the program for eventual admission into graduate student status, which will include completion of the requirements for the applicant's undergraduate degree.

Applicants may be enrolled in any bachelor's degree program at UT San Antonio. However, applicants pursuing a business degree, a STEM degree, a social science degree, or a public administration degree are likely to meet the Foundation Requirements of the master's program in Economics by the time of completion of the applicant's undergraduate degree.

Degree Requirements

Bachelor's Degree Requirements

Students accepted into the Accelerated Program in Economics are required to complete all the degree requirements associated with their bachelor's degree.

Master of Science Degree Requirements

Students accepted into the Accelerated Program in Economics are required to complete the standard degree requirement of the Master's in Economics.

Bachelor's/Master of Science Classification

Upon acceptance into the Accelerated Program in Economics, students are granted permission to enroll in graduate-level courses while still classified as undergraduates. Upon completing their bachelor's degree, students will receive a Keep Running with Us (KRWU) application to transition from undergraduate to graduate student status.

Minor in Economics

The Minor in Economics is open to all majors in the University. All students pursuing the Minor in Economics must complete 18 semester credit hours.

A. Required courses6
Introductory Macroeconomics
Introductory Microeconomics
B. Upper-division economics courses12
Select 12 additional semester credit hours of upper-division economics courses
Total Credit Hours18

To declare a Minor in Economics, obtain advice, and seek approval of substitutions for course requirements, students must consult their academic advisor. 

Economics (ECO) Courses

ECO 2003. Economic Principles and Issues. (3-0) 3 Credit Hours. (TCCN = ECON 1301)

A nontechnical introduction to economic concepts such as scarcity, costs and benefits, supply and demand, trade, employment, and growth, with applications to current economic issues and policies. This course is designed for nonbusiness majors and cannot be applied toward a degree in the Carlos Alvarez College of Business. May be applied toward the core curriculum requirement in Social and Behavioral Sciences. Generally offered: Fall, Spring, Summer. Course Fees: BISP $10; BTSI $15.41; DL01 $75; LRB1 $15.41; LRC1 $12.

ECO 2013. Introductory Macroeconomics. (3-0) 3 Credit Hours. (TCCN = ECON 2301)

Economic analysis at the national level, including the determination of aggregate income and employment, operation of the domestic and international monetary systems, short-term income fluctuations, and long term economic growth. May be applied toward the core curriculum requirement in Social and Behavioral Sciences. Generally offered: Fall, Spring, Summer. Generally Scheduled Location: Main Campus, Online/Internet. Course Fee: BISP $10; BTSI $15.41; DL01 $75; LRB1 $46.23; LRC1 $12.

ECO 2023. Introductory Microeconomics. (3-0) 3 Credit Hours. (TCCN = ECON 2302)

Prerequisite: Placement into a college-level mathematics course. An introduction to the economic theory of decision making by consumers and business firms; an analysis of the domestic and international market systems and their roles in allocating goods and services; and problems of market failure. May be applied toward the core curriculum requirement in Social and Behavioral Sciences. Generally offered: Fall, Spring, Summer. Generally Scheduled Location: Main Campus, Online/Internet. Course Fee: BISP $10; BTSI $15.41; DL01 $75; LRB1 $15.41; LRC1 $12.

ECO 3013. Intermediate Microeconomics. (3-0) 3 Credit Hours.

Prerequisite: ECO 2023 and MAT 1053, or their equivalents, with a grade of "C-" or better. The study of price determination in and the welfare implications of various market structures through the development of the preference theory of consumer behavior and the profit maximization theory of producer behavior. The role and welfare impact of externalities and of government actions are also examined. Generally offered: Fall, Spring. This course has Differential Tuition.

ECO 3033. Managerial Economics and Business Strategy. (3-0) 3 Credit Hours.

Prerequisite: ECO 2023 and MAT 1053 (or equivalent) with a grade of "C-" or better. This course applies economic principles to managerial decision-making and strategic planning, focusing on how managerial choices influence value creation and firm competitiveness across different market structures and business environments. Key topics include the role of incentives, information asymmetry, and agency in organizational structure, pricing strategies, procurement, and employment contracts. (Formerly titled: "Economics of Managerial Decisions.") This course has Differential Tuition.

ECO 3053. Intermediate Macroeconomics. (3-0) 3 Credit Hours.

Prerequisite: ECO 2013 and MAT 1053, or their equivalents, with a grade of "C-" or better. Analysis of the measurement, determination, and control of aggregate economic activity such as national income, output, employment, interest rates, inflation, and exchange rates. The roles of monetary and fiscal policy and their relation to income and employment, short-term income fluctuations, and long-term growth are also explored. This course has Differential Tuition.

ECO 3103. Data Analytic Methods for Economics and Business. (3-0) 3 Credit Hours.

Prerequisite: BAN 1023 or STA 1053, or their equivalents, with a grade of "C-" or better. This course covers both the theory and application of data analytics methods for addressing real-world questions in economics and business. In addition to reinforcing core concepts in probability, distributions, data sampling, estimation, and hypothesis testing, the course provides hands-on experience with statistical software to clean, analyze, and interpret non-experimental data drawn from administrative, financial, and business sources. This includes techniques in data visualization, statistical modeling, and exploratory analysis. This course is intended to serve as preparation for econometrics and causal inference, and to survey tools needed for data-driven research and decision-making in applied settings. This course has Differential Tuition.

ECO 3113. Quantitative Methods for Economics and Business. (3-0) 3 Credit Hours.

Prerequisite: MAT 1133 and MS 1023, or their equivalents, with a grade of "C-" or better. This course develops advanced analytical methods used in economic and business research, with emphasis on mathematical rigor and probabilistic reasoning. Topics include multivariable analysis, linear algebra, probability theory, static and dynamic optimization, and selected elements of functional analysis and dynamic programming. The course provides foundational analytical tools for doctoral‑level research in economics and quantitative business disciplines. This course has Differential Tuition. Course Fee: DL01 $75.

ECO 3123. Introduction to Econometrics. (3-0) 3 Credit Hours.

Prerequisite: MAT 1053 and either ECO 3103, STA 3003, or BAN 3043, or their equivalents, with grades of "C-" or better. An introduction to statistical techniques for estimating economic relationships, testing economic theories, and evaluating government and business policy. Major topics include causal inference in the analysis of non-experimental data and implementing common econometric methods in statistical software. (Formerly titled "Introduction to Econometrics and Business Forecasting.") Generally offered: Fall, Spring. This course has Differential Tuition.

ECO 3163. Evolution of Economic Thought. (3-0) 3 Credit Hours.

Prerequisite: Either ECO 2003, ECO 2013, ECO 2023, or an equivalent. Development of economic theories, models, and schools of thought from the birth of market economies to the present, with an emphasis on the historical, institutional, and social forces shaping economic thinking and public policy. This course has Differential Tuition.

ECO 3193. International Economics. (3-0) 3 Credit Hours.

Prerequisite: ECO 2003 or ECO 2023, or an equivalent, with a grade of "C-" or better. Principles of international trade; significance of geographic, economic, social, and political influences; current problems in international trade and payments; tariffs and commercial policy; and the role of international organizations. (Formerly titled "The International Economy.") This course has Differential Tuition.

ECO 3223. Sports Economics. (3-0) 3 Credit Hours.

Prerequisite: ECO 2023, or an equivalent. The course examines the impact of the sports industry on the U.S. and other global economies. The emphasis is given to the topics related to sport economics in the areas of industrial organization, public finance, and labor markets. Current sports-related economic policy issues are also addressed. This course has Differential Tuition.

ECO 3233. Health Economics and Policy. (3-0) 3 Credit Hours.

Prerequisite: ECO 2003 or ECO 2023, or an equivalent, with a grade of "C-" or better. The course examines and analyzes the ever-changing role of healthcare and its impact on the economy and society. Social issues with respect to healthcare in the U.S. and world markets are analyzed using economics principles. Current healthcare related topics are addressed. This course has Differential Tuition.

ECO 3253. Economics of Public and Social Issues. (3-0) 3 Credit Hours.

Prerequisite: Either MS 1023 or STA 1053, or their equivalents, and either ECO 2003, ECO 2013, or ECO 2023, or their equivalents. A seminar on applying economic reasoning and models and empirical data analysis to a wide variety of public, ethical, and social issues. This course has Differential Tuition.

ECO 3313. Money and Banking. (3-0) 3 Credit Hours.

Prerequisite: ECO 2013 and MAT 1053, or their equivalents. A study of money, the financial system, interest rates, commercial and central banking, monetary theory and policy implementation by the Federal Reserve, and resultant economic impacts both nationally and internationally. (Credit cannot be earned for both ECO 3313 and FIN 3313.) This course has Differential Tuition. Course Fee: DL01 $75.

ECO 3413. Environmental Economics. (3-0) 3 Credit Hours.

Prerequisite: ECO 2023 and MAT 1053, or their equivalents, with a grade of "C-" or better. Economic principles applied to environmental problems. Topics include benefit-cost analysis of environmental policies, valuation of environmental goods and services, pollution control, natural resource management, and climate change. (Formerly ECO 4273. Credit cannot be earned for both ECO 3413 and ECO 4273.) This course has Differential Tuition.

ECO 3513. Economics of Migration. (3-0) 3 Credit Hours.

Prerequisite: ECO 2023, or an equivalent. An exploration of motives to migrate and the resulting socio-economic effects on migrants and the origin and destination countries. The design and implementation of immigration policies are also analyzed. Both theoretical models and empirical findings form the basis of study. This course has Differential Tuition.

ECO 4113. Advanced Economic Analysis. (3-0) 3 Credit Hours.

Prerequisite: MAT 1133, ECO 3013, and ECO 3053, or their equivalents, with a grade of "C-" or better. This course provides a rigorous treatment of advanced economic theory, emphasizing formal modeling in microeconomics and macroeconomics. Topics include consumer and firm behavior, market structures, institutional design, and economic growth. Students will develop and analyze models using mathematical and computational tools. Ideal for students preparing for graduate study or a research-oriented career. This course has Differential Tuition.

ECO 4233. Behavioral Economics and Finance. (3-0) 3 Credit Hours.

Prerequisites: ECO 2023 and MAT 1053, or their equivalents, with a grade of "C-" or better. This course introduces the behavioral concepts and theories. Topics include prospect theory, biases in probabilistic judgment, and nudge theory. Issues on how to apply these behavioral concepts to real life, focusing on improving decision making in health, financial wealth, and happiness are addressed. This course has Differential Tuition.

ECO 4303. Development Economics. (3-0) 3 Credit Hours.

Prerequisite: ECO 2013 and ECO 2023, or their equivalents, with a grade of "C-" or better. Specific economic problems of developing countries and national groupings; basic approaches to economic development; major proposals for accelerating development; role of planning; and trade, aid, and economic integration. (Formerly titled "Economics of Developing Countries.") This course has Differential Tuition. Course Fee: DL01 $75.

ECO 4413. Game Theory. (3-0) 3 Credit Hours.

Prerequisite: ECO 2023 and MAT 1133, or their equivalents, with a grade of "C-" or better. A study of strategic decision-making in interactive situations, with an emphasis on economics and business applications, including oligopolies, pricing, bargaining, and incentive contracts. The strategic role of commitment, credibility, unpredictability, and pre-emption are explored. This course has Differential Tuition.

ECO 4513. Industrial Organization. (3-0) 3 Credit Hours.

Prerequisite: Either ECO 3013 or ECO 3033 and both MS 1023 and MAT 1133, or their equivalents, with a grade of "C-" or better. Theory and empirical evidence relating to the structure of industry and its effect on firms' conduct and performance, as well as the role of government policy and regulation on market competition and performance. (Formerly ECO 3263. Credit cannot be earned for both ECO 4513 and ECO 3263.) This course has Differential Tuition.

ECO 4553. Public Economics. (3-0) 3 Credit Hours.

Prerequisite: ECO 3013, MAT 1133, and MS 1023, or their equivalents, with a grade of "C-" or better. Role of government in the economy, externalities and public goods, efficiency and equity analysis of taxation, incentives within government, fiscal federalism, discrimination and inequality, public policy issues. (Formerly ECO 3273. Credit cannot be earned for both ECO 4553 and ECO 3273.) This course has Differential Tuition.

ECO 4583. Labor Economics. (3-0) 3 Credit Hours.

Prerequisite: ECO 3013, MAT 1133, and MS 1023, or their equivalents, with a grade of "C-" or better. Application of microeconomic theory to wage and employment determination in labor markets. Theoretical and empirical evaluation of current and proposed labor market regulations such as minimum wages, taxes, and universal basic income. This course has Differential Tuition.

ECO 4813. Seminar on Research in Economics. (3-0) 3 Credit Hours.

Prerequisite: ECO 3013, ECO 3053, ECO 3123, and a major grade point average of 3.0 or higher, or consent of instructor and department chair. A seminar exploring the essential steps in the practice of research in economics: critical reading of existing literature, formulation of the research question, development of models or empirical strategies, writing of the research paper, and presentation of research findings. This course has Differential Tuition.

ECO 4913. Independent Study. (0-0) 3 Credit Hours.

Prerequisites: A 3.0 Carlos Alvarez College of Business grade point average, permission in writing (form available) from the instructor, the Department Chair, and the Dean of the College. Independent reading, research, discussion, and/or writing under the direction of a faculty member. May be repeated for credit, but not more than 6 semester credit hours of independent study, regardless of discipline, will apply to a bachelor’s degree. This course has Differential Tuition.

ECO 4933. Internship in Economics. (0-0) 3 Credit Hours.

Prerequisite: 12 semester credit hours of upper-division economics, a 2.5 university grade point average, and permission in writing from the instructor, the Department Chair, and the Dean of the Carlos Alvarez College of Business (see academic advisor for required forms). This opportunity for work experience in research or applied economics may be undertaken either in private business or a public agency; opportunities are developed in consultation with the faculty advisor and Department Chair and require approval of both. May be repeated once for credit (for a total of 6 semester credit hours), provided they are with different organizations. This course has Differential Tuition.

ECO 4953. Special Studies in Economics. (3-0) 3 Credit Hours.

Prerequisite: Consent of instructor, Department Chair, and Dean of the College. An organized course offering the opportunity for specialized study not normally or not often available as part of the regular course offerings. Special Studies may be repeated for credit when topics vary, but not more than 6 semester credit hours, regardless of discipline, will apply to a bachelor’s degree. This course has Differential Tuition.