Economics and Environmental Studies

Photo by Melissa De Witte.

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.

Students may petition to declare the environmental studies/economics combined major once they have completed the following courses: Environmental Studies 23 (or Chemistry and Biochemistry 1A); Environmental Studies 24 (or Biology: Ecology and Evolutionary Biology 20C); Environmental Studies 25; Economics 1; Economics 11A; and either Applied Mathematics and Statistics 5 or 7/L.  Students receiving an NP, C-, D+, D-, or F in one of the courses required for admission to the major may only declare once they have passed the same or equivalent course with a grade of C or better. Students who receive two grades of NP, C-, D+, D-, or F in the required courses are not eligible to declare the major.

A detailed description of the environmental studies and 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 (or equivalent)
    *  100A (or 100M), Intermediate Microeconomics
    *  113, Introduction to Econometrics
    * Applied Math & Statistics 5, Statistics (or equivalent)

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

    *  Anthropology 2, Introduction to Cultural Anthropology
    *  Sociology 1, Introduction to Sociology
    *  Sociology 10, Issues and Problems in American Society
    *  Sociology 15, World Society
    *  Philosophy 22, Introduction to Ethical Theory
    *  Philosophy 24, Introduction to Ethics: Contemporary Moral Issues
    *  Philosophy 80G, Bioethics in the 21st Century: Science, Business and Society

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/L, 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:
Environmental Studies electives must be chosen from those numbered 101-179, with at least one course based in the natural sciences. None of thre three environmental studies upper-division courss can be an environmental studies internship, individual study or substitution course.

Disciplinary Communication (DC)
All undergraduate majors must satisfy the campus’ Disciplinary Communication (DC) requirement. The DC requirement in environmental studies/economics combined major is satisfied by completing Environmental Studies 100/L and one of the following courses:  109B, 183B, 190, 195B, or 196.

Comprehensive Requirement:
Students satisfy the senior comprehensive requirement by completing the follwowing:  one of the options for environmental studies majors (see Comprehensive Requirement) and the Economics Comprehensive Exam (by passing Economics 100A and 113 with grades of "C" or higher).  Inquiries regarding this major should be directed to Jenny Duong (jduong2@ucsc.edu or 831-459-5004) in the Environmental Studies Department.

Mathematics and Statistics Content Requirement
Mathematics Content: Successful completion of one of the calculus sequences below is required for all Economics majors, and must be taken before enrollment in Economics 100A (or 100M), 100B (or 100N), and 113. Students are advised to complete the mathematics courses as early as possible in their academic career. Students may complete the mathematics requirement for the majors in one of the following ways:

     *Economics/Applied Mathematics and Statistics 11A and 11B
     *Mathematics 11A, 11B and 22 (or 23A by petition via the Mathematics Department
     *Mathematics 19A, 19B and 23A or 22
     *Students may also complete the mathematics requirement by taking Mathematics 11A or 19A, and then   Economics/Applied Mathematics and Statistics 11B.

Students planning to pursue graduate work in economics or business should seriously consider more intensive mathematical training; consult an adviser for guidance.

Statistics Content: One course from the following:
      *Statistics: Applied Mathematics and Statistics 5, Statistics or
      *Applied Mathematics and Statistics 7, Statistical Methods for Biological, Environmental and Health Sciences, or
      *Computer Engineering 7, Statistical Reasoning in the Age of the Internet