Department of Economics, Finance, and Legal Studies

The study of economics provides insight into the way a market economy works. This is done by studying how human beings, both individually and collectively, respond to market signals and incentives. A necessary corollary to this is that the study of economics provides insight into how government policy—through monetary and fiscal policy as well as regulatory policy, including both price and environmental regulation— affects market economy function and therefore the overall welfare of society. The entrepreneur, policy maker or market analyst who understands these various facets of modern economies is often able to make better and/or more informed decisions. The study of economics also provides the student with important analytical skills that can be applied in real-world, business decision making. These skills are important in other business disciplines such as accounting, marketing, management and finance.

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Programs

Professor Laura Razzolini, Department Head
Office: 200 Alston Hall

The primary objective of the department of economics, finance and legal studies is to offer high quality undergraduate and graduate programs in economics and finance which are designed to prepare students for rewarding careers in both the public and private sectors of the competitive job market.

Programs offered provide basic economic and financial concepts and knowledge that serve as the foundation for both public policy and business decision-making activity. Furthermore, through the many courses offered in each program, students can specialize in areas such as applied economics, public sector economics, international economics, financial management, investing,and public finance that suit their career development goals.

Extras

Double Major in Finance and Economics

The double major in finance and economics is for students looking to combine the fields of finance and economics. Students completing this curriculum earn two majors, not two degrees.

Hours
EC 308Intermediate Microeconomics3
EC 309Intermediate Macroeconomics3
FI 301Introduction to Financial Institutions and Markets3
FI 389Financial Analysis and Modeling3
FI 410Intermediate Financial Mgt3
FI 412Money & Capital Markets3
FI 414Investments3
Approved FI elective 13
Additional EC courses 212
Total Hours36
1

Except FI 302 Business Finance or FI 400 Financial Institutions, Markets, and Investment.

2

Except EC 389 Computerized Managment Information Systems, EC 400 Analysis of Economic Conditions at the Micro & Macro Levels, or EC 492 Internship.

Faculty

Department Head
  • Razzolini, Laura
Professors
  • Argawal, Anup
  • Brooks, Robert
  • Cook, Douglas O.
  • Cover, James
  • Deck, Cary
  • Elder, Harold
  • Henderson, Daniel
  • Holt, Matt
  • Lee, Junsoo
  • Mcleod, Robert W.
  • Pecorino, Paul
  • Rabel, William H.
  • Reed, Robert
  • Zanjani, George
Associate Professor
  • Bauer, Daniel
  • Chen, Susan
  • Jindapon, Paan
  • Kim, Byung-Cheol
  • Ma, Jun
  • Mobbs, Shawn
  • Mortal, Sandra
  • Pierce, Joshua
  • Van Essen, Matthew
Assistant Professor
  • Brummund, Peter
  • Givens, Gregory E.
  • Guo, Lixiong
  • Kong, Lei
  • Liu, Xiaochun
  • Mullally, Kevin
  • Ray, Sugata
  • Ross, Amanda
Instructors
  • Adams, Charlye
  • Clements III, J. Sherwood
  • Cooper, Tommy
  • El-Karaksy, Hoda
  • Hall, Ruth Ann
  • Hanby, Marty
  • Hankins, Billy
  • Javine, Victoria
  • Regmi, Krishna
  • Walsh, Will
  • Whaley, Chris
  • Yeh, Tao-Chen
  • Zirlott, Kent

Courses

EC
110
SB
Hours
3
Principles of Microeconomics

Introduction to microeconomic analysis concentrating on consumer and producer behavior, competitive and imperfect markets, public policy and regulation, and income distribution.

Prerequisite(s): MATH 100 or MATH 110 or MATH 112 or MATH 113 or MATH 115 or MATH 121 or MATH 125 or MATH 126 or MATH 145 or MATH 146; or UA Math Placement of 310 or higher, ACT Math subscore of 24 or higher, (New) SAT Math subscore of 580 or higher, (Old) SAT Math subscore of 560 or higher.
Social and Behavioral Sciences
FI
301
Hours
3
Introduction to Financial Institutions and Markets

Overview of the financial systems in which business operates, with emphasis on financial institutions, instruments, and markets.

LGS
200
Hours
3
Legal Environment of Business

Environmental approach to the study of law, including the way the law interrelates, philosophy of law, and sources of law. The relationship among law, business, political influences, and the society is treated. Students are limited to three attempts for this course, excluding withdrawals.

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