The Economics Department offers undergraduate specialized studies programs in Advanced Economic Analysis, Applied Economics, and Markets and Institutions. The Economics Department also participates in the undergraduate specialized studies program in Political Economy offered by the DeVoe L. Moore Center. Students may not apply more than six hours of credit toward another specialized study, minor, or certificate program. In other words, no more than 6 hours used for one specialized studies program can also be used for another specialized studies program, minor, or certificate program. Specialized studies programs are not intended as a diploma or degree program and will not be noted on FSU transcripts.


Specialized Studies in Advanced Economic Analysis

This program is designed for undergraduates interested in pursuing economics at the doctoral level. We aim to introduce students to the types of reasoning, analysis, and research methodology that they can expect to face in doctoral studies. Students completing the program will gain an increased level of sophistication in mathematical reasoning, along with the ability to construct, and not simply interpret, theoretical models.

Admission to the Advanced Economic Analysis specialized studies program is attained by submitting an application to the Undergraduate Director. Students must be in good standing at FSU and successfully complete ECO2013 and ECO2023 prior to taking any 3000/4000 level economics courses. After admission to the specialized studies program, students must complete 15 hours overall, maintain an overall GPA of 2.0 or better in courses used toward the program, and earn a C- or better in each course. Admission to this specialized studies program does not require, nor does it imply, admission to the Economics major.


Main Courses (6 credit hours minimum)

Choose one of the following two courses:

ECO4401 Advanced Microeconomics
ECO4XXX Advanced Macroeconomics (Actual Course Number TBA)
Choose one of the following courses:
MAC2312 Calculus II
MAC2313 Calculus III
MAS3105 Linear Algebra
MGF3301 Introduction to Advanced Mathematics

Other Courses (9 credit hours)

Choose any three of the following courses:

ECO4106 Behavioral Economics
ECO4400 Games and Decisions
ECO4401 Advanced Microeconomics*
ECO4455 Experimental Economics
ECO4XXX Advanced Macroeconomics (Actual Course Number TBA)*
Honors in the Major (up to 6 credit hours)
DIS (up to 3 credit hours), if approved by the Undergraduate Director
Other approved research-oriented course

The completed application form may be submitted to the Undergraduate Director by paper copy or e-mail. To apply DIS credit toward the Advanced Economic Analysis SSP, students must submit the approval form to the Undergraduate Director prior to enrollment.

Note: Students must complete one of the courses marked with an asterisk (*) as part of the "main courses." Students have the option of taking the second advanced course (the course not used toward the main course requirement) as part of the 9 hours of elective "other courses."


Specialized Studies in Applied Economics

This program is designed for undergraduates who, after completing the undergraduate degree, want to quickly apply the tools they have learned as economics majors for a diverse set of employers, including corporations, economics consulting companies, government agencies, or non-profit organizations. This specialized studies program prepares students for 'hands-on' work with economic tools and knowledge of economic institutions valued by employers.

Admission to the Applied Economics specialized studies program is attained by submitting an application to the Undergraduate Director. Students must be in good standing at FSU and complete ECO2013 and ECO2023 prior to taking any 3000/4000 level economics courses. The program requires 15 hours overall, an overall GPA of 2.0 or better in courses used toward the program, and a C- or better in each course. Admission to this specialized studies program does not require, nor does it imply, admission to the Economics major.


Main Courses (6 credit hours)

ECO3223 Financial Markets, the Banking System, and Monetary Policy
ACG2021 Introduction to Financial Accounting

Other Courses (9 credit hours)

Choose any three of the following courses:

ACG2071 Managerial Accounting or FIN3403 Financial Management of the Firm (choose one)
ECO3102 Organizational Theory of the Firm
ECO4504 Public Sector Economics
ECO4554 Economics of State and Local Government
ECO4704 International Trade
ECO4713 International Finance
ECP3203 Labor Economics
ECP3403 Business Organization and Market Structure
ECP3617 Land Use, Housing, and Government Regulation
ECP4413 Government Regulation of Business
ECP4530 Economics of Health
ECP4613 Urban Economics
Economics Forecasting course (if offered by Economics Department)
ECO4941 Economics Internship (up to 3 credit hours)

If approved by the Undergraduate Director, Honors in the Major (up to 6 credit hours) or DIS (up to 3 credit hours)

Economics majors in the Applied Economics specialized studies program are encouraged to pursue an internship.

The completed application form may be submitted to the Undergraduate Director by paper copy or e-mail. To apply DIS or Honors in the Major credit toward the Applied Economics SSP, students must submit the approval form to the Undergraduate Director prior to enrollment.


Specialized Studies in Markets and Institutions

This program is designed for undergraduate students in all disciplines across the University, not just those in economics, who seek a greater understanding of the importance of institutional arrangements, rules, and customs in determining a nation’s wealth, the distribution of that wealth, and its rate of growth. It allows students to focus on market decision processes in more depth than the minor in economics allows but without the more advanced theoretical and statistical requirements of the major.

Admission to the program requires completion of ECO 2013, Principles of Macroeconomics, and ECO 2023, Principles of Microeconomics, each with a grade of C or better and an overall GPA of 2.5 or better. Admission to this specialized studies program does not require, nor does it imply admission to the Economics major. Admitted students must complete ECO 3004, Debating Economic Issues, which serves as the capstone for the program, and three additional courses selected from the list below.

ECO3130 Free to Choose
ECO3131 Market Ethics
ECO3303 History of Economic Ideas
ECO3622 Growth of the American Economy
ECO4132 Economics of Compassion
ECO4504 Public Sector Economics
ECP3451 Economics and the Law
ECP4003 Public Policy and the Quality of Life
ECS3600 Economics of Native Americans

Interested students should review the program description and contact the Program Director, Dr. Joe Calhoun, 260 Bellamy Building, jcalhoun@fsu.edu, for more information. The completed application form may be submitted to Dr. Calhoun in paper copy or by e-mail.


Specialized Studies in Political Economy

The undergraduate specialized studies program in Political Economy is designed to increase students' understanding of the role of government in a market economy from a public choice perspective. It is an interdisciplinary program including courses from Economics, Political Science, and Public Administration. Upper division students from any major may enter the program. More information is available on the DeVoe L. Moore Center website .