Undergraduate Catalog 2013-14
+ More About this Major
Bachelor of Arts or Bachelor of Science (B.A. or B.S.)8 Semester Plan
120 Credit Hours
CIP Code: 52.0601
College of Business
Economics offers a clear and logical approach to business decision making. The department offers broad course choices allowing students to tailor their programs to provide training for careers in business as well as teaching, government, and law. Students interested in majoring or minoring in economics should contact the Undergraduate Advisor in the Economics Department for more information. Economics offers two majors, one in the College of Arts and Sciences and the other in the College of Business.
College Level Requirements
Limited Access - This major has additional admissions requirements as listed in this section.
Admission to the College of Business is based upon availability of faculty and space within each discipline. The College is an upper-level, limited access college, which means that it has admission requirements in addition to those of the University in general. Students interested in pursuing a degree in the areas offered by the College of Business must complete the required prerequisites for entering the College in addition to other related criteria listed below.
Students must satisfy the following criteria:
- Minimum of 60 semester hours of college credit earned.
- Minimum of a cumulative grade point average of 2.5 on all college-level work and a minimum of 2.0 on all credit attempted at USF, including any prior to renewal. NOTE: Beginning Fall 2013 the College of Business will establish each fall a new minimum overall GPA required to satisfy the limited access GPA admission requirement. The minimum overall GPA will range between a 2.5 with a maximum required GPA of a 2.75. Students will be notified each fall as to the minimum entrance GPA required for the following fall semester. Notification will occur through Canvas and updated at the following link: http://business.usf.edu/programs/undergraduate/admission.asp.
- In computing entry grade point average, all business and economics courses taken for S or U grades will be converted to C or F, respectively.
- A minimum score of 550 on paper and pencil or 213 on computerized TOEFL is required, when applicable.
State Mandated Common Course Prerequisites
Transfer credits will be accepted from accredited institutions; however, all hours earned may not be applied toward USF business degree requirements. Individual courses will be evaluated by an academic advisor and appropriately credited toward requirements in the student's program at USF.
Florida public junior/community college students enrolled in an Associate of Arts (AA) program should normally complete the general education requirements and the State Mandated Common Prerequisites at a Florida College System institution. As a rule, AA students should avoid taking any business courses at the junior/community college that are listed as 3000- and 4000-level courses at USF. Normally, courses in finance, marketing, management, and accounting, as well as other business administration and economics courses, taken at the lower division level that are offered as upper division courses at USF will not be accepted for upper division credit in business administration or economics. In general, business courses taken at the lower level, at technical schools, or as part of professional or military training, are not applicable to the degree programs of the College of Business. Exceptions to this policy will be made only upon proper validation of such courses. Validation consists of successfully completing specified advanced courses in the discipline.
Florida College System students pursuing an Associate of Science (AS) program in Business Administration are fully admissible to USF. Please see a business advisor to determine the articulation courses, discuss admission to the College of Business and prepare a program plan for degree completion. Students transferring to the College of Business with an A.S. in Business Administration may earn a major in General Business Administration only.
Florida College System students pursuing an Associate of Science (AS) program in any other discipline should contact the Director of the BSAS program in the Office of Undergraduate Studies, SVC 2003, (813) 974-4051, for information regarding course transferability and degree articulation.
Completion of the following State Mandated Common
Prerequisites (or equivalents) with a grade of C- or higher in each course and an overall 2.0 GPA:
- * ACG X021/ACG X022 Financial Accounting (or ACG X001 & ACG X011)
- * ACG X071 Managerial Accounting (or X301)
- CGS X1001 Computers in Business (or acceptable Substitute, i.e., CGS X100C, CGS X530, CGS X570, CGS X531, CGS X0000, MAN X812)
- ECO X013 Principles of Macroeconomics
- ECO X023 Principles of Microeconomics
- MAC X233 Elementary Calculus or MAC 2230
- STA X023 Introductory Statistics or QMB X100 or STAX122 although STA X023 and QMB X100 are preferred).
* accounting majors must earn a C not C- in ACG 2021 & 2071
1or demonstrated competency.
Total Major Hours: 22 Hours
Major CoreWithin the 120-semester-hour program as listed in the Business General Requirement section (including the state mandated common prerequisites), students must complete a minimum of 22 hours of upper-level Economics course beyond the foundation courses for Business.
Major Core Courses - 22 Hours
- ECO 3101 Intermediate Price Theory
- ECO 3203 Intermediate Macroeconomics
- 15 hours of upper level economics courses
- ECO 4935 Special Topics: Exit Requirement in Economics
Additional Major Requirements
Major GPA Requirement
A grade point average of 2.0 or higher must be achieved in all major course work at USF and an overall 2.0 GPA including transfer work.
Major Course Grade RequirementStudents must obtain a grade of "C-" or higher in ECO 3101 Intermediate Price Theory or ECP 3703 Managerial Economics (formerly ECO 3100) to enroll in any course for which ECO 3101 or ECP 3703 is a prerequisite.
Major Grade RequirementStudents must obtain a grade of "C-" or higher in all courses required for the major or minor in Economics.
Major Residency Requirement
At least 12 upper level hours must be taken in residence at USF-Tampa.
Major Other Requirements
All students entering USF for the first time, in Fall 2012 or later, who earn 3 (three) D and/or F grades in any of the following courses at USF: ECO 2013, ECO 2023, ECO 3101, ECO 3203, QMB 2100, QMB 3200 and MAC 2233 (or MAC 2311 or equivalent) will be required to change their major to a major more appropriate to their goals and academic performance, and to a major that is not conferred by the Department of Economics through either the College of Arts and Science or the College of Business.
All continuing USF students who entered USF prior to Fall 2012 and who have not earned any D or F grades in any of the following courses at USF: ECO 2013, ECO 2023, ECO 3101, ECO 3203, QMB 2100, QMB 3200 and MAC 2233 (or MAC 2311 or equivalent) by the beginning of Fall 2012, will also be allowed 3 (three) D and/or F grades in those courses before being required to change their major to a major more appropriate to their goals and academic performance, and to a major that is not conferred by the Department of Economics through either the College of Arts and Sciences or the College of Business.
All continuing USF students who entered USF prior to Fall 2012 and who have earned 1 (one) or more D or F grade in any of the following courses at USF: ECO 2013, ECO 2023, ECO 3101, ECO 3203, QMB 2100, QMB 3200 and MAC 2233 (or MAC 2311 or equivalent) by the beginning of Fall 2012, will only be allowed 2 (two) more D and/or F grades in those courses before being required to change their major to a major more appropriate to their goals and academic performance, and to a major that is not conferred by the Department of Economics through either the College of Arts and Science or the College of Business
Grade Forgiveness will NOT apply to the mandated requirement of changing majors.
Appeals to the required change of major will be handled in the Economics Department and ONLY those students whose appeal is based on exceptional circumstances will be considered.
Advisors in the College of Arts and Sciences or the Transitional Advising Center will be available to assist students in the selection of a new major in their respective colleges.