Department of Economics 

Gary Hoover, Chair
Gregory Burge, Graduate Liaison
CCD1, 308 Cate Center Dr.
Norman, OK 73019
Phone: (405) 325-2861
FAX: (405) 325-5842
Internet: http://cas.ou.edu/economics

general information

Faculty Roster 

Professors K. Grier, R. Grier, Hartigan, A. Holmes, Hoover, Kosmopoulou, Rogers; Associate Professors Burge, Clark, Demir, Keen, Liu, Mitra, L. Wang; Assistant Professors Ghosh, Hicks, MJ Kim, J. Kim, C. Wang, Weinberger.

Degrees Offered 

  • Bachelor of Arts 
  • Bachelor of Business Administration 
  • Master of Arts 
  • Doctor of Philosophy 

Information on both undergraduate and graduate programs is included. However, the general information contained in this section mainly covers undergraduate study. Please refer to the Graduate College for general information on graduate programs.  

Student Organizations 


OMICRON DELTA EPSILON 

Both undergraduate and graduate students who have demonstrated their scholastic excellence are eligible for membership in this international economics honor society. 

OU Economics Club

The Economics Club seeks to enhance economic knowledge within the OU community through fun and relevant events. Econ Club promotes economics as a field of study to potential majors/minors, hosts events for students of all majors to see different applications of the economic perspective, and provides opportunities for those with a shared interest in economics to meet and network. 

We host a weekly speaker series as well as social outings, company information sessions, an annual trip to the Dallas Federal Reserve, and more. Econ Club also gives OU students the chance to learn more about OU Economics professor's research, locate informal peer advising and tutoring, and sometimes discuss various current events as they pertain to economics.

Email economics.club@ou.edu for more information.

Scholarships

Alexander B. Holmes Scholarships

The Holmes scholarships are merit scholarships with the following criteria: Full-time, regularly enrolled students in the Department of Economics; any eligible deserving undergraduate student is qualified for either an initial award or a subsequent award if the student is making satisfactory progress toward graduation and has achieved a high level of academic excellence; must maintain at least a 3.0 GPA.

Robert Dean Bass Memorial Scholarships

The Bass scholarships are merit scholarships for which undergraduate students in Economics and Political Science are eligible. Students must have a minimum 3.65 GPA, at least 40 hours completed at OU, and no more than 90 completed hours. Students must be planning on a career in government.

Internships

The Department of Economics has an active internship program with some state agencies and other local businesses (consulting firms and utility companies). The internship program exposes students to the practical aspects of Economics. Also, some of these internships have turned into permanent positions. Students who participate in an internship may enroll in 3 hours of directed readings and receive credit, under the supervision of a professor. A research paper is required to receive credit for the internship.

undergraduate study

Undergraduate Study 

Students may major in economics either through the College of Arts and Sciences or the Price College of Business. 

Students interested in majoring in economics through the Price College of Business follow the degree plan leading to the Bachelor of Business Administration which is described in the section of this catalog dealing with the Price College of Business. 

The degree program leading to the Bachelor of Arts is offered by the College of Arts and Sciences. The major program requires 30 hours of major work in economics with at least 21 of these hours taken at the upper-division level. EON 1113, ECON 1123, ECON 2843, ECON 3113, ECON 3133, and ECON 4983 must be included in the major work. MATH 1743 or 1823, and MATH 2123 or MATH 2423 are also required. FIN 3403 may be counted as major work in Economics in the College of Arts and Sciences. 

Economics majors must earn grades of C or better in each course in the major work and major support requirements. Students will be required to achieve and maintain a minimum 2.00 GPA in the major, OU retention and combined retention to earn the degree.

MINOR 

The minor requires at least 15 hours of major credit coursework in economics, with at least 9 hours at the upper-division level. A grade of C or better must be earned in each course counted for minor credit. Required courses are ECON 1113, ECON 1123, ECON 3113 or ECON 3133, and 6 hours of courses acceptable for major credit in Economics. Subject to the approval of the Department of Economics, courses that are acceptable substitutes for the major are acceptable in the minor.

graduate study

Graduate Study 


AREAS OF SPECIALIZATION 

Industrial organization; international, development economics; and public economics. 

Master of Arts Degree 

Each candidate for the Master of Arts degree in economics can choose the applied economics track or the managerial economics track. The applied economics track is designed for students seeking jobs in either the private or public sectors. The first year coursework of this program coincides with the first year coursework of the Ph.D. program, so this track is also appropriate for students who might wish to purse a Ph.D. degree. The managerial economics track is designed for those students who expect to pursue a managerial career in business or government and prefer a course of study that emphasizes the applications of economics to the problems of these areas. It is a terminal degree. Those students who have the objective of further graduate study to the doctoral level should choose the applied track of the master's program.

The non-thesis program for the applied economics track of the M.A. degree requires 32 semester hours.

The non-thesis program for the managerial economics track of the M.A. degree requires 32 semester hours.

In accordance with the requirements of the University, all master’s students must also successfully pass a comprehensive examination and complete a research paper. 

Doctor of Philosophy Degree 

The Ph.D. program is designed with the goal of providing students with maximum support in the pursuit of their career objectives. There are three structural elements in the Ph.D. program: a rigorous and well-integrated core curriculum of economic theory and statistical analysis; concentrated study in selected fields of development economics, industrial organization, international economics, and public economics; and training designed to prepare the student to undertake independent research. This process culminates in a significant work of original research in the form of a dissertation. Having completed all three elements, students are fully qualified to pursue academic, professional, or governmental careers.

The Ph.D. degree requires at least 90 hours beyond the Bachelor’s degree. A minimum of 54 of these hours must consist of formal coursework, with the remainder being comprised of dissertation research. In addition, students must demonstrate research proficiency, which is required for all doctoral degree candidates at the University of Oklahoma. The research proficiency for the Department of Economics is demonstrated by the ability to utilize statistical and econometric software packages, by foreign language expertise, or by demonstrated math proficiencies.