Economics
(College of Arts and Sciences)

Faculty

Edward M. Scahill, Ph.D., Chair
Frank P. Corcione, Ph.D.
Satyajit Ghosh, Ph.D.
Riaz Hussain, Ph.D.
Ioannis N. Kallianiotis, Ph.D.
Hong V. Nguyen, Ph.D.
Iordanis Petsas, Ph.D.
Murli Rajan, Ph.D.
Susan Trussler, Ph.D.

Overview

The Arts and Sciences major in Economics offers students a strong general liberal-arts background and at the same time a thorough grounding in the most quantitative of the social sciences. Its major requirements parallel those of The Kania School of Management Economics major, while its cognate provides background in the social sciences. The major in Economics equips students with the training and background needed to assume responsible, decision-making positions in the financial sector, industries and government service. It is especially appropriate for students intending graduate studies in Economics or careers in law.

Minor in Economics

18 credits consisting of ECO 153-154 (or ECO 101, 102); ECO 361-362, plus two upper-level economics courses.

Economics Curriculum - College of Arts and Sciences
Dept. and No.				Descriptive Title of Course	Credits
				FIRST YEAR	FALL	SPRING
MAJOR (GE S/BH)		ECO 153-154		Prin. of Micro - Macro Economics	3	3
GE SPCH - WRTG		COMM 100 - WRTG 107		Public Speaking - Composition	3	3
GE PHIL-T/RS		PHIL 120 - T/RS 121		Introduction to Philosophy - Theology I	3	3
GE C/IL		C/IL 102		Computing and Information Literacy		3
GE QUAN		MATH ELECT 1		Math Option	3	3
GE HUMN		HUMN ELECT 2		Humanities Elective	3
GE FSEM - PHED		INTD 100 - PHED ELECT		Freshman Seminar - Physical Education	1	1
					16	16
				SECOND YEAR
MAJOR		ECO 361-362		Intermediate Micro - Macro Econ.	3	3
MAJOR		STAT 253		Statistics for Economics		3
COGNATE		ACC 253		Financial Accounting	3
COGNATE		ELECT		Cognate Elective		3
GE PHIL-T/RS		PHIL 210 - T/RS 122		Ethics - Theology II	3	3
GE NSCI		NSCI ELECT		Natural Science Electives	3	3
GE HUMN		HUMN ELECT		Humanities Electives (HIST 110-111 recom.)	3	3
GE ELECT		ELECT 3		Free Elective	3
					18	18
				THIRD YEAR
MAJOR		ECO/IB 351		Environment of International Business	3
MAJOR		ECO ELECT		Economics Electives	3	6
COGNATE		FIN 351		Intro. to Finance		3
COGNATE		ELECT 4		Cognate Electives	3	3
GE PHIL-TR/S		PHIL-T/RS ELECT		Philosophy or T/RS Elective	3
GE ELECT		ELECT		Free Elective	3	3
					15	15
				FOURTH YEAR
MAJOR		ECO 460		Monetary and Financial Economics	3
MAJOR		ECO ELECT - ECO 490		Eco. Elective - Seminar	3	3
COGNATE		ELECT 4		Cognate Electives	3	3
GE HUMN		HUMN ELECT		Humanities Electives	3	3
GE ELECT		ELECT		Free Electives	3	6
GE PHED		PHED ELECT		Physical Education	1	1
					16	16
					Total: 130 Credits
1 Two math options are available to Business majors: Option I* (six credits): MATH 107 (Quantitative Methods II); MATH 108 (Quantitative Methods III) Option II* (eight credits): MATH 114 (Analysis I); MATH 221 (Analysis II) Both options cover the topics of calculus. Option I takes an applied approach; Option II a theoretical approach. *Students are tested for math placement during summer orientation. On the basis of these tests and their high school background it will be recommended that some students take Option II, especially if they expect to pursue graduate studies. The majority of students will be placed in Option I, and may also be required to take MATH 106 (Quantitative Methods I) as a prerequisite to taking MATH 107.
2 If EDUC 113 is required in the first semester, it is taken in place of a humanities elective and is counted as a GE free elective. One GE free elective in the fourth year must then be taken as a humanities elective. 3 If a third math course is required, it replaces this GE elective. 4 Economics majors may apply up to six cognate credits toward a Math minor. Students taking the sequence open to Math majors are strongly urged to complete the calculus sequence by taking MATH 222, particularly if they plan on pursuing graduate studies. Economics majors in the College of Arts and Sciences will apply their elective cognate credits to the following areas (exceptions require the permission of the CAS Dean): Political Science, Psychology, Public Administration, Sociology. Nine credits must be in the same field.