School of Education
Economics Major and Minor Requirements
Faculty advisors: Professor Diana Hess, 256D Teacher Education Building, 263-4571, dhess@education.wisc.edu; Professor Alan Lockwood, 256A Teacher Education, 263-6262, lockwood@education.wisc.edu. Students not yet admitted to this program should consult with advising staff at Education Academic Services (EAS), Room 139 Education Building, 1000 Bascom Mall, 608-262-1651.
IMPORTANT: The secondary education faculty members are restructuring their teacher certification programs at UW-Madison. These programs are moving to post-baccalaureate certification, which means that students will only be certified to teach these subjects through graduate-level work in the Department of Curriculum and Instruction. The current undergraduate teacher licensing programs will be discontinued and certification will no longer be offered at the undergraduate level. Students will begin the new graduate programs in summer 2015.
The affected programs are English, Mathematics, Social Studies (Broad Field Social Studies, Economics, Geography, History, Political Science, Psychology, and Sociology), and Science (Biology, Chemistry, Earth and Space Science, Broad Field/Natural Science, and Physics).
The last group of undergraduates will be admitted to the current professional programs in fall 2013. The application period for this admission period will extend from October 2012 to February 1, 2013.
Economics Major Requirements
Complete a minimum of 34 credits. The credits required for program admission must be chosen from courses listed under this heading. At least 15 credits of upper-level major course work (numbered 300-699) must be taken in residence on the UW-Madison campus. Students may also wish to consult with the economics undergraduate advisor, 7238 Sewell Social Science Building, Science, 262-6925. Additional information can be found at the department's Web site. Courses are Economics unless otherwise indicated.
Students completing the Economics major must complete at least one semester of calculus. Mathematics course work may be applied toward the liberal studies requirement.
- Choose one:
- 101 Principles of Microeconomics, 4 AND 102 Principles of Macroeconomics, 3
- 111 Principles of Economics-Accelerated Treatment, 4 (a combination of Micro and Macroeconomics)
- Intermediate Microeconomic Theory. Choose one:
- 301 Intermediate Microeconomic Theory, 4
- 311 Intermediate Microeconomic Theory-Mathematical Treatment, 3
- Intermediate Macroeconomic Theory. Choose one:
- 302 Intermediate Macroeconomic Theory, 4
- 312 Intermediate Macroeconomic Theory-Mathematical Treatment, 3
- 305 Development of Economic Thought (if offered), 4, or an approved substitute.
- Recommended substitutes: Econ 330 Money and Banking, 4 or Econ 464 International Trade and Finance, 3-4. Students may also select from Econ 410, 441, 448, 450, 467, 468, 475 (no longer offered), 508, 521, 522, 548, 590, 664, 665, 666, or 669 (no longer offered).
- Statistics 3-4 credits. Choose one or an approved substitute:
- Econ 310 Measurement in Economics, 4
- one of Stats 224, 301, 309, 311, 313 Gen Bus 303
- Additional credits to total 34 selected in consultation with the undergraduate advisor in the Department of Economics.
Note: Students interested in studying and teaching in a number of social studies disciplines may wish to combine the major listed here with a major in Broad Field Social Studies. This combination allows an individual to develop a depth of study in a particular area of interest while acquiring a broader understanding of the social sciences. The ability to teach a number of social studies courses may increase employment opportunities and this combination will also provide a foundation for certification in additional social studies subject areas at a later date.
Economics Minor Requirements
The Economics minor may be completed by students in Secondary Education Social Studies or Elementary Education licensing programs. A minimum cumulative grade point average of 2.75 is required, based on all Economics minor course work taken on the UW-Madison campus. The graduation grade point average may be modified by the last 60 credits rule (see Social Studies Education Application and Admission Information).
Secondary Education students may select this minor only if completing a major in another Social Studies certification area. It is not possible to be certified only in a minor area. Interested Secondary Education students must apply and be admitted to the Social Studies program. Admission is limited and competitive. See additional information under the major of choice.
All Secondary students, whether completing their first degree or adding on a teaching minor to a prior certification, should expect to complete a methods course, participate in practicum and student teaching experience, and earn passing scores on a content exam to be recommended for certification. Students wishing to complete a minor must consult with the faculty advisor/program coordinator to discuss its field experience component.
The Economics minor requires a minimum of 24 credits. Complete the core courses required for the Economics major (above) and any additional credits (if needed) to total 24 credits.