- Department of Economics
Department of Economics
403 Kern Building
The Pennsylvania State University
University Park, PA 16802
Module Awards and Guidelines for Modules
- Any undergraduate student who successfully completes the requirements of a module (or modules) and who applies for a module award will receive a certificate for each module completed, signed by the department head and the department's director of undergraduate studies, identifying the title of the module and attesting that it has been satisfactorily completed.
- A module will consist of nine credits (i.e., three courses) from among those listed in the module descriptions set forth on the following pages.
- In all courses taken to complete a module, a grade of “C” or better must be earned.
- No course may count for more than one module.
- ECON 400M, 489M, 496, and 499 may be used in a module with the approval of the Director of Undergraduate Studies if the content of that course makes it appropriate for inclusion in a particular module.
- Should a student be unable to complete a module because a course the student needs is not being offered prior to the student's graduation, the director of undergraduate studies, after consultation with the student, may authorize the substitution of an available course, depending on course content, so that the student can complete the module. Only one such course substitution per module is permitted. Only courses offered by the economics department may be used to complete the requirements of a module.
Description of Modules
Human Resource and Public Economics
Courses in Module: Econ 315, 323, 412, 425, 428, 432, 436, 445, 463
Description of Module: The courses in this module include courses that focus on economic analysis of employment, earnings, and the labor market, and related government policies; the analysis of the impact and influence of demographic trends; and courses addressing microeconomic issues in public economics, including government spending and taxation. Also examined in more depth are a number of applications in such specific areas of microeconomic public policy as environmental economics, urban economics, and health economics.
Macroeconomics, Money & Banking
Courses in Module: Econ 351, 434, 451, 452
Description of Module: The courses in this module provide analysis of macroeconomic issues including money, credit, and financial intermediation; measurement and theories of business cycles; the role of monetary and fiscal policy in economic stabilization; international finance and the world monetary system; and financial crises.
International, Development & Transition Economics
Courses in Module: Econ 333, 413, 433, 437, 471, 472
Description of Module: The international economics courses in this module examine various aspects of globalization, including interconnections between the U.S. economy and the rest of the world, exchange rate determination, trade flows, effects of tariffs and quotas, and the political economy of trade restrictions. The economic development and transition courses in this module examine problems of developing countries, the links between development and trade, and the transition problems of formerly Soviet-type economies, including privatization, restructuring and stabilization, relation between the development of these economies and the development of market economies, theories of economic growth, capital formation, and policies to promote economic growth and development.
Economics of Business and Law
Courses in Module: Econ 342, 402, 443, 444, 447
Description of Module: Examination of the behavior of firms in different market environments, industrial concentration, size and efficiency of business firms, market structure and performance, decision making and strategic behavior, anti-trust and regulation issues, analysis of property rights, contractual arrangements, illegal behavior, and the effect of liability rules on business behavior.
Theory and Quantitative Methods
Courses in Module: Econ 306, 407, 417, 465, 480, 483
Description of Module: Courses in this module examine the theoretical foundations of economics, empirical methods used to analyze economic data and experimental economics. Emphasis is placed on mathematical techniques employed in economic analysis, and the computational and statistical tools used in economic research.