This department supervises the following degree programs:
Students with either a major or minor in the Department of Economics must have at least a C in all economics courses in all programs. Moreover, a minimum grade of C is required in all core courses in the B.S. in International Economics degree. Courses specifically required in the core by course number for the B.S.I.E. may not be taken pass/fail. Courses required for the major or minor in the B.A. or B.S. in Economics degree may not be taken pass/fail. Courses taken pass/fail by a student before declaring a major or minor will be evaluated by the curriculum committee of the department and a decision rendered as to whether they will satisfy the degree requirements.
Students choosing any of the undergraduate programs offered by the Department of Economics must complete a minimum of 12 semester hours of their economics courses in residence at Texas Tech University. Students minoring in economics must complete a minimum of 6 semester hours of their economics courses in residence at Texas Tech.
The undergraduate program leading to the Bachelor of Arts degree is offered to students who want to pursue a broad liberal arts education while at the same time studying the complex interrelationships between consumers, producers, and governments in an economic system. A minimum of 33 semester hours in economics courses is required for the major, including ECO 2301, 2302, 3311, 3312, and 4314 plus 18 hours of advanced economics courses. Additional requirements for the Bachelor of Arts in Economics include an adjunct course in statistics (MATH 2345 or Math 2300 or equivalent) and 18 semester hours in a minor field of choice. A minimum of 120 credit hours is required to complete the degree. Candidates for the B.A. degree in economics are encouraged to consult with their advisors for more information. Other requirements appear in the "Undergraduate General Degree Requirements" section of the College of Arts and Sciences.
The undergraduate program leading to the 120 credit hour Bachelor of Science degree combines a broad liberal education with rigorous and extensive training in theoretical and mathematical economics. The program is highly structured and technically oriented. Students in this major must include ECO 2301, 2302, 3311, 3312, ECO 4305, and 21 hours of advanced economics electives. The mathematics minor consists of 18 hours of mathematics subject to the approval of the Mathematics Department. The basic requirements are listed in the "Undergraduate General Degree Requirements" section of the College of Arts and Sciences. The adjunct requirements include a two-semester course sequence in statistics (MATH 4342 and 4343) in addition to the math minor.
The B.S.I.E. is a unique degree program that provides correlated emphasis on international economics, international politics, and international business. The basic requirements are listed in the "Undergraduate General Degree Requirements" section of the College of Arts and Sciences.
Requirements for the minor in economics are ECO 2301, 2302, 3311, 3312, and two elective courses in advanced economics.
Students seeking a degree in economics should consult with the graduate advisor or the chairperson of the department.
Non-Thesis Option. The non-thesis plan requires successful completion of 12 courses (36 credit hours) and passing of a comprehensive written examination for the Master of Arts in Economics degree. The coursework includes ECO 5311 and 5312; 21 hours of economic electives; and 9 hours of approved general electives.
Thesis Option. The thesis plan requires successful completion of 12 courses (36 credit hours), writing an M.A. thesis, and a successful final defense of the M.A. thesis. The coursework includes ECO 5311, 5312, and 6000 (6 hours); 15 hours of economics electives; and 9 hours of approved general electives.
The candidate for the doctoral degree must choose three specializations from within the areas of international economics, monetary economics, public finance, labor economics, environmental and natural resource economics, industrial organization, and special fields of economics.
In addition, the doctoral student must demonstrate a mathematical proficiency in calculus and analytical geometry.
Klaus G. Becker, Ph.D., Chairperson
Associate Professors: Al-Hmoud, Becker, McComb, Noel, Rahnama, von Ende
Assistant Professors: Abo-Zaid, Avetisyan, DeAngelo, Gittings, Lopez