Economics Major

The BS in Economics will provide each student with knowledge of current economic thought and will develop students’ understanding of the role played by economic institutions in society. Having completed a thorough program integrating economic theory and practice, students will be prepared to effectively participate in society as informed citizens to promote social well-being. Students will be prepared to succeed in a wide array of positions in business, government, and nonprofit organizations and will be able to successfully pursue graduate work in economics and related fields, predominately at the Masters level. Qualified majors will have an opportunity for honors and advanced coursework, intensive faculty interactions, national and regional competitions and activities, and economic research.

Graduates with a BS in Economics will be able to:

  • demonstrate the ability to present orally and in writing a coherent, logical economic argument grounded in economic theory.
  • Read and assess articles on economic topics.
  • Articulate orally and in writing the core economic principles, concepts and theories that form the foundation for economic analysis and economic research.
  • Investigate economic issues by synthesizing, building, and using theories/models to predict the behavior of economic agents.
  • Evaluate economic issues and real world problems through data analysis and the application of appropriate statistical techniques, quantitative and/or qualitative methods.

Omicron Delta Epsilon, the international honor society in economics, is available to outstanding students.

Requirements for a Major in Economics

33 credits with EC designation

EC-110Introduction to Microeconomics3
EC-120Introduction to Macroeconomics3
EC-150Statistics (or another acceptable statistics course)3
EC-200Intermediate Macroeconomics3
EC-201Intermediate Microeconomics3
Select one of the following:3
Introduction to Mathematical Economics
Introduction to Econometrics (or a course in which calculus is a primary topic)
The remaining 15 (or more) credits may be chosen from economics electives in accordance with special interests and career objectives15
Total Credits33

Students are encouraged to take an internship if their program permits.

Students pursuing a major in Economics and a minor in Business Administration may use one of the following EC courses to count both within the 12 credits of elective courses for the BA minor and within the 15 credits of electives for the EC major.

EC-205Money, Banking, and Monetary Policy3
EC-301Economic Development3
EC-307International Finance3
EC-308International Trade3

Once LASC requirements are satisfied, students may select general requirements.

BA courses that will count towards the major or minor in Economics:
Students pursuing a major or minor in Economics may elect to use ONE of the following BA courses to count towards their electives in the EC major/minor that may also count within the electives of the BA minor. (Note: There are 15 credits of electives in the EC major, 12 credits of electives in the EC minor, and 12 credits of electives in the BA minor.)

BA-316Financial Management3
BA-404Corporate Finance3
BA-415Investment Analysis3

EC courses that will count towards the major in Business Administration and a minor in Economics:

Students pursuing a major in Business Administration and a minor in Economics may use TWO of the following EC courses to count in both within the 12 credits of elective courses for the BA major AND within the 12 credits of electives for the EC Minor:

EC-205Money, Banking, and Monetary Policy3
EC-301Economic Development3
EC-307International Finance3
EC-308International Trade3


EC courses that will count towards the major in Business Administration:

Students pursuing a major in Business Administration may use TWO of the following EC courses to count within the 12 credits of electives for the General Business concentration.

EC-205Money, Banking, and Monetary Policy3
EC-301Economic Development3
EC-307International Finance3
EC-308International Trade3


EC courses that will count towards meeting the requirements of the International Business concentration.

A maximum of two of the EC courses listed below may beused.

EC-301Economic Development3
EC-307International Finance3
EC-308International Trade3


EC courses that will count towards meeting the requirements of the Finance Concentration:

EC-205Money, Banking, and Monetary Policy3
EC-307International Finance3


BA courses and EC courses that will count towards meeting the requirements of a double major in Business Administration and in Economics:
Students pursuing a double major in Business Administration and Economics may use:

  • TWO of the following EC courses to count within the 12 credits of elective (concentration) courses for the BA major, and
  • ONE of the following BA courses to count within the 15 credits of elective courses for the EC major.
EC-205Money, Banking, and Monetary Policy3
EC-301Economic Development3
EC-307International Finance3
EC-308International Trade3
BA-316Financial Management3
BA-404Corporate Finance3
BA-415Investment Analysis3
BA-416Financial Markets and Institutions3

Students are required to meet with their department advisor to review their upcoming semester academic choices. A minimum of 120 credits is required for graduation.

Sample Timeline for Completion of Degree: Economics (for All Students Entering in Fall 2012 or Later)

Plan of Study Grid
Year One
Semester OneCredits
LASC First-Year Seminar3
EN-101 English Composition I 3
EC-120 Introduction to Macroeconomics 3
EC-150 Statistics 3
LASC LASC Elective (TLC)3
 Credits15
Semester Two
EN-102 English Composition II 3
LASC LASC Elective (CON)3
EC-110 Introduction to Microeconomics 3
LASC LASC Elective (QR)3
LASC LASC Elective (USW)3
 Credits15
Year Two
Semester Three
SELECT Economics Elective (#1)3
LASC LASC Elective (CA)3
LASC LASC Elective (NSP)4
SELECT General Elective3
LASC LASC Elective (HBS)3
 Credits16
Semester Four
EC-202
Introduction to Mathematical Economics
or Introduction to Econometrics
3
SELECT Economics Elective (#2)3
LASC LASC Elective (NSP)3-4
LASC LASC Elective (GP)3
LASC LASC Elective (QR)3
 Credits15-16
Year Three
Semester Five
EC-201 Intermediate Microeconomics 3
SELECT Economics Elective (#3)3
SELECT General Elective3
SELECT General Elective3
LASC LASC Elective (ICW)3
 Credits15
Semester Six
EC-200 Intermediate Macroeconomics 3
SELECT Economics Elective (#4)3
LASC 1 LASC Elective (DAC)3
SELECT General Elective3
SELECT General Elective3
 Credits15
Year Four
Semester Seven
LASC/EC Capstone course or Elective #53
LASC 1 LASC Elective (WAC)3
SELECT General Elective3
SELECT General Elective3
SELECT General Elective3
 Credits15
Semester Eight
SELECT EC Capstone course or Elective #53
LASC 1 LASC Elective (QLAC)3
SELECT General Elective3
SELECT General Elective3
SELECT General Elective3
 Credits15
 Total Credits121-122
1

Students need 1 DAC, 1 WAC and 1 QLAC

Students are required to meet with their department advisor to review their upcoming semester academic choices. A minimum of 120 credits is required for graduation.