Bachelor of Arts: Economics

University Requirements

General Education

UMKC Essentials is the university-wide curriculum that all undergraduate students will complete. The 30-credit hour program includes a First Year Experience course; three critical thinking courses in the areas of Arts & Humanities, Natural & Physical Sciences, and Social & Behavioral Sciences; a Culture and Diversity course; a Civic & Urban Engagement course; two courses in Written Composition and one course in Oral Communication; and a Math Pathway course. Transfer students entering UMKC will elect from the UMKC Essentials General Education Program or the Missouri Core 42 General Education Curriculum.  Academic advisors will meet with incoming transfer students to determine which option best serves the student’s educational needs. More information about General Education may be found here: https://catalog.umkc.edu/undergraduate-academic-regulations-information/general-education-requirements/

Constitution Course 

Every undergraduate student must take a course covering the United States Constitution and the Missouri State Constitution before graduation. Course options are included in the program requirements section below.

Exit Examinations

Information on exit examinations is available in the Undergraduate Academic Regulations and Information section of the catalog.

Missouri Higher Education Civics Achievement Examination

In accordance with Missouri Senate Bill 807 (section 170.013.1), 'any student entering a public institution of higher education for the first time after July 2019 who is pursuing an associate's or bachelor's degree from such institution shall successfully pass an examination on the provisions and principles of American civics with a score of seventy percent or greater as a condition of graduation from such institution'.  To satisfy this requirement at UMKC, students access the exam through the Canvas site. This requirement will be listed in the degree audit system as, 'Take State Mandated Missouri Higher Education Civics Achievement Examination', and listed on the transcript as 'Missouri Civics Examination'.   

Student Learning Outcomes

Students graduating from this program will:

  • Explain both the historical and institutional nature of the capitalist system and how it represents a solution to ‘the economic problem.’
  • Apply the basic theories and methods of ‘standard’ approaches in both micro and macroeconomics.
  • Compare and contrast the ‘standard’ approach to economic problems; with heterodox alternatives to the ‘standard’ approach.
  • Demonstrate well-developed written and verbal communication skills.
  • Demonstrate competency in 1) graphical and mathematical modeling techniques, 2) descriptive and inferential statistical methods, 3) methods of qualitative and narrative analysis, and 4) the use of relevant computing applications.
  • Demonstrate the application of basic economic theory, method, and research to a wide range of social and economic policy domains.

Career Implications

The undergraduate degree in economics is excellent preparation for graduate study in economics and most other academic disciplines, as well as law and business. A degree in economics opens a wide range of career choices including teaching, government service, finance, banking and insurance. It is excellent preparation for a career in business, public administration and management.

Advising System

Students in the program should see the Economics website for more information about undergraduate advising.

Honor Society

The Zeta chapter of the Omicron Delta Epsilon International Honor Society in Economics is on campus. Information on this organization can be obtained from the Department Chair. The society is open to all undergraduate students with at least 12 hours of economics and a 3.0 GPA in economics and related courses. Graduate students in economics with a 3.0 GPA also may join.

Special Awards and Scholarships

The Joe E. Brown Institutional Economics Award is given each year to an undergraduate or graduate student for outstanding academic performance in the study of institutional theory. The department also offers the Hodges Scholarships for Economics, James Crew Scholarship, Gene Wagner Honorary Scholarship, and the Karen Vorst Scholarship for undergraduates.

Program Requirements

UMKC Essentials

First Semester Experience Course (GEFSE)3
Written Communication:
ENGLISH 110Introduction to Academic Prose3
ENGLISH 225English II: Intermediate Academic Prose3
Oral Communication (choose one of the following):3
Fundamentals of Effective Speaking and Listening
Introduction to Communication
Argumentation And Debate (offered via dual credit only)
Interpersonal Communication
Math Pathway (satisfied in major requirements below)
Critical Thinking in Arts & Humanities (GECRT-AH)3
Critical Thinking in Natural & Physical Sciences (GECRT-SC)3
Critical Thinking in Social & Behavioral Sciences (GECRT-SS)3
Culture & Diversity Course (GECDV)3
Civic & Urban Engagement Course (GECUE)3
Total Credits27

Constitution Course Requirement

Section 170.011.1 of the Missouri Revised Statutes, 2015, states that all candidates for a degree issued by a college or university in the state of Missouri must have “satisfactorily passed an examination on the provisions and principles of the Constitution of the United States and of the state of Missouri, and in American history and American institutions.” 

Courses at UMKC that satisfy this state requirement are:

Choose one of the following:3
The Supreme Court And The Criminal Process
U.S. History to 1877
U.S. History Since 1877
Honors American Government
American Government
Total Credits3

There are a few other ways this requirement can be satisfied for students transferring to UMKC:

  • Take an equivalent course from the list above at a regionally accredited institution.
  • Earn credit for one of the above courses through AP, IB, or CLEP.
  • Take a course that directly satisfies the Missouri Constitution Requirement at another Missouri institution.
  • Have a previous bachelors degree (or higher) from a regionally accredited institution.
  • Have an Associate of Arts degree from a regionally accredited institution.
  • Complete the 42 Hour Core at a Missouri institution and have it listed on the official transcript.

School of Humanities and Social Sciences Degree Requirements

Writing Intensive Course (300-level or above):3
Total Credits3

Major Requirements

Students must successfully complete the major requirements below with at least 12 hours of the noted upper division (300+) course requirements completed at UMKC.

This program requires a minimum of 36 hours of courses in the department. A minimum 2.0 GPA in the major is required for graduation. 

Major Prerequisites
MATH 110Precalculus Algebra (satisfies Math Pathway)3
STAT 235Elementary Statistics3
Major Requirements
ECON 201Principles of Macroeconomics3
ECON 202Principles of Microeconomics3
ECON 301Macroeconomic Analysis3
ECON 302Microeconomic Analysis3
ECON 425Econometrics3
ECON 451Institutional Economic Theory3
Major Electives15
Any 300 or 400-level ECON course not included in Major Requirements is a major elective. 5500-level courses may be taken as a B.A. major elective with permission of department.
Courses expected to be offered on at least a two-year rotation include:
Political Economy of Race, Class And Gender: Theory, History, And Policy
Money And Banking
Collective Bargaining
Union Leadership and Administration
Labor and the Global Political Economy
American Labor History
History Of Economic Thought
International Trade And Development
Law And Economics
Environment, Resources And Economic Growth
Monetary Theory And Policy
Public Finance
Internship
Total Credits39

General Electives

Students must take elective credit hours to meet the minimum credit hour requirement for their degree, including at least 36 credit hours of coursework at the 300-level or above. The minimum required by the university is 120 credit hours, of which at least 30 credit hours must be taken at UMKC, but some degree programs require more.

General Electives48

Minimum GPA: 2.0

Total Credit Hours: 120

Tools for Planning and Fulfilling Academic Requirements

UMKC's Major Maps are detailed, semester by semester plans that lead a student to complete all degree requirements within four years.  Plans include benchmarks and critical courses by term that assist a student’s evaluation of progress and major “fit”.  In order to ensure that the appropriate courses are taken, students are encouraged to consult with the undergraduate advisor for this major. Please see the tab above to view the major map for this program.

UMKC’s Transfer Guides provide detailed guidance on recommended transfer coursework, plans of study, transfer timelines, and transfer contact information. To ensure a seamless transfer experience, students are encouraged to work with both their community college advisor and a UMKC advisor when planning their coursework.

UMKC’s PlanMyDegree ‘Audit’ degree audit system provides an individual evaluation of all degree requirements (General Education, Degree Specific, Major Specific, etc.) for students' officially recorded (Office of Registration and Records) and “what if” exploratory plans of study.  This evaluation is used to certify all graduation requirements.

UMKC’s PlanMyDegree ‘Plans’ degree planning tool enables students to develop a personalized semester by semester plan of study towards completion of degree requirements for student’s officially recorded (Office of Registration and Records) and “what if” exploratory plans of study. Update and edit your full plan to degree completion each term and confirm accuracy each semester with your Academic Advisor(s).