Mission

The mission of the economics program is to train students to become well-rounded economists that have solid grounding in economic theory and its applications. The program prepares students for careers in the private or public sectors. The program also serves as a solid foundation for graduate school in economics and related disciplines.

Program Objectives

The economics program seeks to:

1. The graduate will possess knowledge of core economic principles, theories and quantitative tools.
2. The graduate will have the ability to use economic analysis for the solution of business and organizational problems.
3. The graduate will have an understanding of the workings of economic policy instruments and objectives, and the linkages between the public sector and the private economy.
4. The graduate will use written and oral communication effectively.

Program Outcomes

Upon completion of this program, the graduate will be able to:

1. Demonstrate knowledge of key economic principles and theories of the macro and micro dimensions of market economies;
2. Express economic relationships using graphic and mathematical tools, and to empirically examine such relationships using regression methods;
3. Propose solutions to a business or economic problem using qualitative and quantitative reasoning;
4. Identify and evaluate the social and ethical implications of economic policy, theory and the market economy;
5. Deliver an effective oral presentation; and
6. Demonstrate effective written communication.

Admission Requirements

To enter the major, students must meet the general university requirements.

Graduation Requirements

A total of 92 credits are required to graduate, based on:

Business Requirements (12 credits):

• ACC203 / Financial Accounting (3 cr.)
• ECO340 / Economics of Organizations and Management (3 cr.)
• FIN301 / Managerial Finance (3 cr.)
• MKT201 / Introduction to Marketing (3 cr.)

Quantitative Requirements (10 credits):

• QBA201 / Managerial Statistics (3 cr.)
• ECO304 / Mathematical Methods for Economics (3 cr.)
• ECO332 / Introductory Econometrics (4 cr.)

Economics Requirements (12 credits):

• ECO201 / Microeconomics (3 cr.)
• ECO202 / Macroeconomics (3 cr.)
• ECO305 / Intermediate Microeconomics (3 cr.)
• ECO306 / Intermediate Macroeconomics (3 cr.)

Economics Electives (18 credits):

Choose 3 credits from:

• ECO344 / Economics, Ethics and Philosophy (3 cr.)
• ECO346 / Foundations of Political Economy (3 cr.)

Choose 3 credits from:

• ECO311 / Economic Development (3 cr.)
• ECO333 / Comparative Economic Systems (3 cr.)

Choose 12 credits from:

• ECO422 / Public Finance (3 cr.)
• ECO320 / Environmental, Resource and Energy Economics (3 cr.)
• ECO420 / Monetary Theory and Policy (3 cr.)
• ECO335 / International Economics (3 cr.)
• ECO402 / Special Topics in Economics (3 cr.)
• ECO342 / Labor and Human Resource Economics (3 cr.)

Liberal Arts Core (LAC) Curriculum (13 credits)

LAC Electives (15 credits)

Free Electives (12 credits)

Study Plan

Year One

• ECO201 / Microeconomics (3 cr.)
• ECO202 / Macroeconomics (3 cr.)
• QBA201 / Managerial Statistics (3 cr.)
• ACC203 / Financial Accounting (3 cr.)
• MKT201 / Introduciton to Marketing (3 cr.)
• LAC Core (9 cr.)
• LAC Elective (3 cr.)
• Free Elective (3 cr.)

Total: 30 credits

Year Two

• ECO305 / Intermediate Microeconomics (3 cr.)
• ECO306 / Intermediate Macroeconomics (3 cr.)
• ECO330 / Introductory Econometrics (4 cr.)
• ECO304 / Mathematical Methods for Economics (3 cr.)
• FIN301 / Managerial Finance (3 cr.)
• Economics Elective (3 cr.)
• LAC Core (2 cr.)
• LAC Elective (6 cr.)
• Free Electives (6 cr.)

Total: 33 credits

Year Three

• ECO344 / Economics, Ethics & Philosophy OR ECO346 / Foundations of Political Economy (3 cr.)
• ECO311 / Economic Development OR ECO333 / Comparative Economic Systems (3 cr.)
• ECO340 / Economics of Organizations and Management (3 cr.)
• Economics Electives (9 cr.)
• LAC Electives (8 cr.)
• Free Electives (3 cr.)

Total: 29 credits

Extracurricular Activities

Economics majors have the opportunity to do a semester abroad at SciencePo (France); additional formal exchange programs are being developed.

Career Opportunities

Students are prepared to work immediately after graduation in business, government and finance, or to pursue graduate studies in economics, business, law, public administration, international relations, and related fields. The following is a suggestive list of career opportunities available to our graduates:

• Economist positions in the banking sector
• Economist positions in the public sector
• Economic consultancy positions
• Management consultancy positions
• Management positions
• Business and economic reporting positions
• Policy advising positions (local and international organizations)
• Graduate work in Economics
• Graduate work in Finance
• Graduate work in Administration