Economics and Management

The goal of the economics and management major is to provide students with thorough knowledge of basic principles, methods of inquiry and awareness of contemporary issues in economics and business.
Catalog Requirements Notice

The requirements listed on these pages may change by the year as programs and courses are added or altered. Archived Academic Catalogs for previous years can be viewed in pdf form here. These documents contains the specific academic requirements pertaining to those who entered the College before the 2015-16 year.

Individual and business decision-making is presented in a domestic and global context aimed at developing students' intellectual curiosity, and analytical and critical capabilities. The curriculum includes core theory courses, cognates emphasizing quantitative skills, and electives in specific fields of the discipline with the conviction that a basic knowledge of economic and business decision-making is essential for numerous purposes.

Economics and Management Major

Professor M. Uddin, Chair

The major is multidisciplinary by nature, serving the needs of other majors including international studies, environmental science, and mathematical and physical sciences.

The total number of courses required for the major is 15 (44-53 semester hours). At least seven of these courses (21 semester hours) must be at the 300-level or above.

REQUIRED COURSES

All of the following (18 sem. hrs.)

ECON 101 Principles of Macroeconomics (3 sem. hrs.)
ECON 102 Principles of Microeconomics (3 sem. hrs.)
ECON 314 Econometrics (4 sem. hrs.)
ECON 402 Senior Seminar in Economics and Management (4 sem. hrs.)
MATH 111 Calculus I: Introduction to Calculus (or exemption or higher-level course in calculus) (4 sem. hrs.)

One of the following (3 sem. hrs.)

MATH 151 Elementary Statistics (3 sem. hrs.)
MATH 251 Mathematical Statistics (3 sem. hrs.)

Concentrations
The student will choose a concentration in economics or in management.

Economics

All of the following (12 sem. hrs.)

ECON 209 Introduction to Political Economy (3 sem. hrs.)
ECON 303 Intermediate Microeconomic Theory (3 sem. hrs.)
ECON 306 Intermediate Macroeconomic Theory (3 sem. hrs.)
ECON 340 History of Economic Analysis (3 sem. hrs.)

One of the following (3 sem. hrs.)

BUS 201 Principles of Management (3 sem. hrs.)
ECON 295 Technology and the Labor Process (3 sem. hrs.)

Four of the following, at least two of which must be at the 300-level, and at least two of which must be in economics or management (8-18 sem. hrs.)

BUS 201 Principles of Management (if not taken for the core) (3 sem. hrs.)
BUS 202 Principles of Marketing (3 sem. hrs.)
BUS 230 Introduction to Human Resource Management (3 sem. hrs.)
BUS 253 Investment Management & Strategies (3 sem. hrs.)
BUS 305 Legal Environment of Business (3 sem. hrs.)
ECON 220 Environmental Economics (3 sem. hrs.)
ECON 233 Economics of Health and Medical Care (3 sem. hrs.)
ECON 255 The Political Economy of Globalization (3 sem. hrs.)
ECON 286 Money, Banking, and Capital Markets (3 sem. hrs.)
ECON 290 Internship in Economics and Business (2-4 sem. hrs.)
ECON 295 Technology and the Labor Process (if not taken for the core) (3 sem. hrs.)
ECON 302 Managerial Economics (3 sem. hrs.)
ECON 304 Public Finance (3 sem. hrs.)
ECON 325 Ecological Economics and Political Ecology (3 sem. hrs.)
ECON 326 Energy and the Economy (3 sem. hrs.)
ECON 330 The World Economy: Trade and Finance (3 sem. hrs.)
ECON 350 Economics of Developing Countries (3 sem. hrs.)
ECON 385 Topics in Contemporary Economic Problems (for a total of 3 sem. hrs.)
ECON 390 Advanced Internship in Economics and Business (2-4 sem. hrs.)
ECON 399 Independent Study in Economics and Business (1-3 sem. hrs.)
HIST 215 The Growth of Industrial Society, 1750-Present (3 sem. hrs.)
HIST 228 The Making of Modernity, 1815-1914 (3 sem. hrs.)
MATH 305 Operations Research (3 sem. hrs.)
PHIL 114 Logic and Critical Thinking (3 sem. hrs.)
PHIL 310 Ethics, Law, and Social Policy (3 sem. hrs.)
PHYS 111L Fundamentals of Physics I (4 sem. hrs.)
SOC 277 Social Inequality: Class and Ethnicity (3 sem. hrs.)

Management

The following (12 sem. hrs.)

BUS 201 Principles of Management (3 sem. hrs.)
ECON 302 Managerial Economics (3 sem. hrs.)
ECON 303 Intermediate Microeconomic Theory (3 sem. hrs.)
ECON 306 Intermediate Macroeconomic Theory (3 sem. hrs.)

Both of the following (6 sem. hrs.)

BUS 213 Principles of Accounting I (3 sem. hrs.)
BUS 214 Principles of Accounting II (3 sem. hrs.)

Three of the following, at least one of which must be at the 300-level, and at least one of which must be in economics or management (5-11 sem. hrs.)

BUS 202 Principles of Marketing (3 sem. hrs.)
BUS 220 International Business (3 sem. hrs.)
BUS 230 Introduction to Human Resource Management (3 sem. hrs.)
BUS 253 Investment Management & Strategies (3 sem. hrs.)
BUS 303 Entrepreneurship & Small Business Management (3 sem. hrs.)
BUS 305 Legal Environment of Business (3 sem. hrs.)
BUS 310 Corporate Finance (3 sem. hrs.)
BUS 385 Topics in Contemporary Business Issues (for a total of 3 sem. hrs.)
ECON 233 Economics of Health and Medical Care (3 sem. hrs.)
ECON 255 The Political Economy of Globalization (3 sem. hrs.)
ECON 286 Money, Banking, and Capital Markets (3 sem. hrs.)
ECON 290 Internship in Economics and Business (2-4 sem. hrs.)
ECON 295 Technology and the Labor Process (3 sem. hrs.)
ECON 304 Public Finance (3 sem. hrs.)
ECON 330 The World Economy: Trade and Finance (3 sem. hrs.)
ECON 390 Advanced Internship in Economics and Business (2-4 sem. hrs.)
ECON 399 Independent Study in Economics and Business (1-3 sem. hrs.)
MATH 300 Probability Theory (3 sem. hrs.)
MATH 305 Operations Research (3 sem. hrs.)
PHIL 310 Ethics, Law, and Social Policy (3 sem. hrs.)

Economics Minor

Professor K. Klitgaard, Coordinator

Students majoring in economics and management may not minor in economics. The total number of courses required for the minor is 8 (24 semester hours).

REQUIRED COURSES

All of the following (18 sem. hrs.)

ECON 101 Principles of Macroeconomics (3 sem. hrs.)
ECON 102 Principles of Microeconomics (3 sem. hrs.)
ECON 295 Technology and the Labor Process (3 sem. hrs.)
or BUS 201 Principles of Management (3 sem. hrs.)
ECON 303 Intermediate Microeconomic Theory (3 sem. hrs.)
ECON 306 Intermediate Macroeconomic Theory (3 sem. hrs.)
MATH 151 Elementary Statistics (3 sem. hrs.)
or MATH 251 Mathematical Statistics (3 sem. hrs.)

Two additional economics or management courses, at least one of which must be at the 300-level (6 sem. hrs.)

Either ECON 290 Internship in Economics and Business or ECON 390 Advanced Internship in Economics and Business, but not both, can be counted toward the minor.

Management Minor

Professor M. Uddin, Coordinator

Students majoring in economics and management may not minor in management. The total number of courses required for the minor is 8 (22-27 semester hours).

REQUIRED COURSES

All of the following (15 sem. hrs.)

ECON 101 Principles of Macroeconomics (3 sem. hrs.)
ECON 102 Principles of Microeconomics (3 sem. hrs.)
ECON 295 Technology and the Labor Process (3 sem. hrs.)
or BUS 201 Principles of Management (3 sem. hrs.)
ECON 302 Managerial Economics (3 sem. hrs.)
MATH 151 Elementary Statistics (3 sem. hrs.)
or MATH 251 Mathematical Statistics (3 sem. hrs.)

Students will choose three additional courses from the following list. At least two of these courses must be at the 300-level. (7-12 sem. hrs.)

BUS 202 Principles of Marketing (3 sem. hrs.)
BUS 213 Principles of Accounting I (3 sem. hrs.)
BUS 214 Principles of Accounting II (3 sem. hrs.)
BUS 220 International Business (3 sem. hrs.)
BUS 230 Introduction to Human Resource Management (3 sem. hrs.)
BUS 253 Investment Management & Strategies (3 sem. hrs.)
BUS 303 Entrepreneurship & Small Business Management (3 sem. hrs.)
BUS 305 Legal Environment of Business (3 sem. hrs.)
BUS 310 Corporate Finance (3 sem. hrs.)
BUS 385 Topics in Contemporary Business Issues (for a total of 3 sem. hrs.)
ECON 286 Money, Banking, and Capital Markets (3 sem. hrs.)
ECON 290 Internship in Economics and Business (2-4 sem. hrs.)
ECON 303 Intermediate Microeconomics (3 sem. hrs.)
ECON 306 Intermediate Macroeconomic Theory (3 sem. hrs.)
ECON 314 Econometrics (4 sem. hrs.)
ECON 330 The World Economy: Trade and Finance (3 sem. hrs.)
ECON 390 Advanced Internship in Economics and Business (2-4 sem. hrs.)
MATH 305 Operations Research (3 sem. hrs.)

Either ECON 290 Internship in Economics and Business or ECON 390 Advanced Internship in Economics and Business, but not both, can be counted toward the minor.

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