Agricultural & Consumer Economics: Consumer Economics & Finance, BS

Overview

for the degree of Bachelor of Science in Agricultural & Consumer Economics, Consumer Economics & Finance Concentration


Students in Consumer Economics and Finance develop knowledge and skills to help consumers with everyday problems. Coursework in consumer economics, personal finance, and economics gives students a broad-based background and an understanding of the role of consumers in the marketplace. Students can choose an emphasis in consumer economics, family economics, or financial planning and counseling, which leads to career opportunities with government and public agencies, marketing and sales firms, and financial institutions.

Degree Requirements

for the degree of Bachelor of Science in Agricultural & Consumer Economics, Consumer Economics & Finance Concentration


Graduation Requirements

Minimum hours required for graduation: 126 hours.

University Requirements
Minimum of 40 hours of upper-division coursework, generally at the 300 and 400 level. These hours can be drawn from all elements of the degree. Students should consult their academic advisor for additional guidance in fulfilling this requirement.

The university and residency requirements can be found in the Student Code (§ 3-801) and in the Academic Catalog.

General Education Requirements
Follows the campus General Education (Gen Ed) requirements. Some Gen Ed requirements may be met by courses required and/or electives in the program.

Composition I4-6
Advanced Composition3
Humanities & the Arts (6 hours)6
Natural Sciences & Technology (6 hours)6
Social & Behavioral Sciences (6 hours)6
fulfilled by ACE 100, ECON 103, and two other courses approved as Social and Behavioral Sciences
Cultural Studies: Non-Western Cultures (1 course)3
Cultural Studies: U.S. Minority Cultures (1 course)3
Cultural Studies: Western/Comparative Cultures (1 course) 3
Quantitative Reasoning (2 courses, at least one course must be Quantitative Reasoning I)6-8
fulfilled by MATH 220, MATH 221, or MATH 234; and ACE 262
Language Requirement (Completion of the third semester or equivalent of a language other than English is required)0-15
Department Foundation
ACE 123Introduction to ACE2
ACE 100Introduction to Applied Microeconomics4
ECON 103Macroeconomic Principles3
ACE 161Computer Concepts & Applications3
or CS 105 Intro Computing: Non-Tech
Calculus Option - Select one of the following:4
Calculus
Calculus I
Calculus for Business I
ACCY 201Accounting and Accountancy I3
ACE 262Applied Statistical Methods and Data Analytics I3
ACE 264Applied Statistical Methods & Data Analytics 23
Communication Option3 or 6
Public Speaking
Let’s Talk about Food, Agriculture, and the Environment
Oral & Written Comm I
and Oral & Written Comm II
Minimum of 6 additional hours of Social & Behavioral Sciences 6
ACE 341Careers and Professionalism1 or 2
ACE 300Intermediate Applied Microeconomics3
ACE International Course or Study Abroad Experience Option - Select one of the following:3
Environment and Development
Global Agribusiness Management
International Business Immersion
Agriculture in Intl Dev
The Latin American Economies
International Trade in Food and Agriculture
Consumer Economics & Finance Concentration18
ACE 240Personal Financial Planning3
ACE 270Consumer Economics3
ACE 474Intermediate Consumer Economics3
ACE 476Behavioral Economics and Financial Decision Making3
Advanced Consumer Economics & Finance Option - Select two of the following:6
Food Marketing and Behavior
Small Business Finance
Tax Policy and Finan Planning
Financial Services & Investing Planning
Intermediate Financial and Estate Planning
International Trade in Food and Agriculture
Agricultural and Food Policies
Health Economics
Economics of Labor Markets
Corporate Finance
Minimum hours in the College of ACES, 20 of which must be in the Department of ACE35
Total Hours126

Sample Sequence

for the degree of Bachelor of Science in Agricultural & Consumer Economics, Consumer Economics & Finance Concentration


This sample sequence is intended to be used only as a guide for degree completion. All students should work individually with their academic advisors to decide the actual course selection and sequence that works best for them based on their academic preparation and goals. Enrichment programming such as study abroad, minors, internships, and so on may impact the structure of this four-year plan. Course availability is not guaranteed during the semester indicated in the sample sequence.

Students must fulfill their Language Other Than English requirement by successfully completing a third level of a language other than English. The introduction to applied microeconomics and macroeconomics courses do not count toward the social science general education requirement. Students must take 6 hours above and beyond these two courses to meet the social and behavioral sciences requirement.  For more information, see the corresponding section on the Degree and General Education Requirements page.

First Year

First Semester

RequirementsHours
ACE 100 - Introduction to Applied Microeconomics4
ACE 123 - Introduction to ACE2
Calculus Option4
Communication Option or Composition I3
Language Other Than English (3rd level)4
Semester Hours17

Second Semester

RequirementsHours
ACE 161 - Computer Concepts & Applications or CS 105 - Intro Computing: Non-Tech3
Composition I or Communication Option4
General Education course3
ECON 103 - Macroeconomic Principles3
General Education course3
Semester Hours16

Second Year 

First Semester

RequirementsHours
ACCY 201 - Accounting and Accountancy I3
ACE 240 - Personal Financial Planning3
ACE 262 - Applied Statistical Methods and Data Analytics I3
ACE 341 - Careers and Professionalism1
General Education course3
General Education course3
Semester Hours16

Second Semester

RequirementsHours
ACE 270 - Consumer Economics3
ACE 264 - Applied Statistical Methods & Data Analytics 23
ACE 300 - Intermediate Applied Microeconomics3
General Education course3
General Education course3
Semester Hours15

Third Year 

First Semester

RequirementsHours
Advanced Consumer Economics & Finance Option3
ACE International course or Study Abroad Experience3
General Education course3
ACE or ACES Elective course3
Free Elective course4
Semester Hours16

Second Semester

RequirementsHours
ACE 474 - Intermediate Consumer Economics3
Advanced Consumer Economics & Finance Option3
General Education course3
General Education course3
Free Elective course4
Semester Hours16

Fourth Year 

First Semester

RequirementsHours
ACE or ACES Elective course3
General Education course3
Free Elective course3
Free Elective course3
Free Elective course3
Semester Hours15

Second Semester

RequirementsHours
ACE 476 - Behavioral Economics and Financial Decision Making3
ACE or ACES Elective course3
General Education course3
Free Elective course3
Free Elective course or 400-level ACE Elective course3
Semester Hours15

Total Hours

Total hours for all requirements: 126

Learning Outcomes

for the degree of Bachelor of Science in Agricultural & Consumer Economics, Consumer Economics & Finance Concentration


  1. ACE students will acquire broad and deep knowledge of Agricultural and Consumer Economics.
  2. ACE students will develop a critical and reflective orientation toward global systems (such as natural, environmental, social, cultural, economic, and political) and cultural differences (such as race, indigeneity, gender, class, sexuality, language, and disability).
  3. ACE students will develop critical thinking and problem solving skills.
  4. ACE students will develop their ability to communicate in a variety of settings.
  5. ACE students will build and sustain productive relationships to be effective leaders who can respond to civic and social challenges at local, national, and global levels, creating positive change in their communities.
  6. Develop knowledge and skills to help consumers with everyday problems. Explore consumer economics, personal finance, and behavioral economics to gain a broad understanding of the role of consumers in the marketplace. Analyze data using financial and statistical tools.

Contact Information

for the degree of Bachelor of Science in Agricultural & Consumer Economics, Consumer Economics & Finance Concentration


Agricultural Consumer Economics

Agricultural Consumer Economics website
326 Mumford Hall
1301 W. Gregory Drive
Urbana, IL 61801
217-333-1810

College of Agricultural, Consumer & Environmental Sciences

College Website

Office of Academic Programs

128 Mumford Hall
1301 West Gregory Drive
Urbana, IL 61801

Advising

Phone: 217-333-1810
Email: ace-aces@illinois.edu
ACE Advising website

Admissions

ACES Undergraduate Admissions
visitACES@illinois.edu
217-333-3380
University of Illinois Urbana-Champaign Undergrad Admissions