Economics/Environmental Studies

ENVIRONMENTAL STUDIES/ECONOMICS

This major is intended to provide students with the basic tools of economics analysis and an understanding of the mechanics of resource production, conservation, and use, in both ecological and economic terms.

A DETAILED DESCRIPTION OF THE ENVIRONMENTAL STUDIES/ECONOMICS MAJOR
The following is the basic outline of the course requirements.

Economics Required Courses:

    *  1 Introduction to Microeconomics
    *  2 Introduction to Macroeconomics
    *  11A and 11B* Math Methods for Economists
    *  100A or (100M) Intermediate Microeconomics
    *  113 Introduction to Econometrics
    *  Applied Math & Statistics 5* Statistics

Other Required Courses (choose one from the following list):

    *  Anthropology 2
    *  Sociology 1
    *  Sociology 10
    *  Sociology 15
    *  Philosophy 22
    *  Philosophy 24
    *  Philosophy 28

Environmental Studies Required Courses:

    * 23 The Physical and Chemical Environment
    * 24 General Ecology
    * 25 Environmental Policy and Economics
    * 100/L Ecology and Society

Economics Electives (choose three from the following list):

    * 100B or 100N (Intermediate Macroeconomics)
    * 101 (Managerial Economics)
    * 114 (Advanced Quantitative Methods)
    * 115 (Intro to Management Science)
    * 120 (Economic Development)
    * 128 (Poverty and Public Policy)
    * 130 (Money and Banking)
    * 131 (International Financial Markets)
    * 133 (Security Markets and Financial Institutions)
    * 135 (Corporate Finance)
    * 136 (Business Strategy)
    * 138 (The Economics and Management of Technology and Innovation)
    * 139A (The Economics of Electronic Commerce)
    * 139B (E-Commerce Strategy)
    * 140 (International Trade)
    * 141 (International Finance)
    * 142 (Advanced Topics in International Finance)
    * 150 (Public Finance)
    * 156 (Health Care and Medical Economics)
    * 160A (Industrial Organization)
    * 160B (Government and Industry)
    * 161A (Marketing)
    * 165 (Economics as an Experimental Science)
    * 169 (Economic Analysis of the Law)
    * 180 (Labor Economics)
    * 183 (Women in the Economy)

Environmental Studies Electives (choose three from the following list):
Students must choose three ENVS electives numbered 101-179 only. NO SUBSTITUTIONS. DO NOT COUNT INTERNSHIPS, INDEPENDENT STUDIES, EAP OR COURSES OUTSIDE ENVS.

One of the three environmental studies electives must be based in the natural sciences.

Comprehensive Requirement:
The comprehensive requirement can be met in one of the following ways: by completing one of the Environmental Studies senior comprehensive requirement options (Envs. 190, Captstone; or Envs. 196, Senior Seminar; or Envs. 183A + Envs. 183B, Senior Internship) and the Economics Comprehensive Exam (by passing Economics 100A and 113 with grades of "C" or higher) or, with consent of instructors from both departments, completion of a senior thesis (Envs 195). Inquiries regarding this major should be directed to Maria Ruby (mruby@ucsc.edu or 831-459-5004) in the Environmental Studies Department.

Mathematics requirement: Successful completion of Economics 11A and 11B, Mathematical Methods for Economists (or equivalent; two quarters) and Applied Mathematics and Statistics (AMS) 5, Statistics (or equivalent), is required of all economics majors. Economics 11A and 11B are prerequisite to Economics 100A/M, Intermediate Microeconomics and 100B/N, Intermediate Macroeconomics. Economics 11B and AMS 5 are prerequisite to Economics 113, Introduction to Econometrics. Therefore, students are advised to take Economics 11A-B or its equivalent as early as possible in their undergraduate career. Mathematics 11A-B, Calculus with Applications (two quarters) with Mathematics 22, Introduction to Calculus of Several Variables or Mathematics 19A-B, Calculus for Science, Engineering, and Mathematics (two quarters) with Mathematics 22, Introduction to Calculus of Several Variables are acceptable equivalents to Economics 11A-B. AMS 7, Statistical Methods for the Biological, Environmental, and Health Sciences, is an acceptable equivalent to AMS 5.  Students planning to do graduate work in economics or business should seriously consider more intensive mathematical training (consult adviser). Students who are committed to the major early in their academic career should plan to complete Economics 1, 2, 11A, 11B, and AMS 5 by the end of their sophomore year.

Students planning to do graduate work in economics should seriously consider additional work in mathematics. A suggested program would include the following: Economics 1, 2; Mathematics 11A-B or 19A-B, 21, 22, 24; Economics 100A/M, 100B/N, 113, 114, 115, and three other upper-division courses in economics.