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Economics is a social science that develops models for organizing facts and thinking effectively and critically, preparing students to be interested, alert, and competent observers of current events.  A degree in economics empowers a student to make well-reasoned decisions about personal matters, business problems, and public policy.

Concentration Requirements

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Business Economics and Public Policy Concentration (24 Cr. Hrs.)

Probably more than any other factor, it is the relevance of economics that initially attracts students. Few, if any, disciplines are equal to economics in preparing one to be an interested, interesting, and competent observer of current events. This is because economics is a social science that develops models for organizing facts and thinking effectively. This empowers its students to make well-reasoned decisions in analyzing personal decisions and business problems and in drawing informed conclusions about public policy–based on a comprehensive analysis of the costs and benefits of alternatives. Because economics is so often connected to governmental policy, students also learn about the legal and political institutions that affect consumers, workers, and businesses. “But what kind of job can I get?” Most graduates use economics as a stepping stone to other occupations. Economic training is wide reaching, and thus, career alternatives are relatively well paid and unusually varied, including business, finance, banking, journalism, and government service. If one is unsure of what major to choose or what career to pursue, economics offers the ability to keep one’s options for the future more flexible. Moreover, the study of economics is an excellent preparation for graduate school in law, business, and public administration, given that it develops one’s ability to think analytically. Law students list economics and accounting as the  undergraduate courses they value most and wish they had taken more often. Those who majored in economics as undergraduates have the highest LSAT scores (Journal of Economic Education, Spring 2006, pp. 263–281). In a word, economics offers a course of study that is interesting and provocative, beneficial in terms of career options, and useful in understanding the world.

Required Courses

Dept. Course Number Title Credit Hours Minimum Grade Co-Reqs or Pre-Reqs
ECON-E 321 Intermediate Microeconomic Theory 3 C- ECON-E 200
ECON-E 322 Intermediate Macroeconomic Theory 3 C- ECON-E 200
Plus any 4 additional courses from these:
ECON-E 323 Urban Economics 3 C- ECON-E 200
ECON-E 333 International Economics 3 C- ECON-E 200
ECON-E 338 Business and Economics Applications of GIS 3 C- ECON-E 200, ECON-E 280
ECON-E 340 Labor Economics 3 C- ECON-E 200
ECON-E 350 Money and Banking 3 C- ECON-E 200
ECON-E 470 Econometrics 3 C- ECON-E 200, ECON-E 281

Required Electives

Any two (six cr. hrs.) 300/400-level Business courses outside Economics. Cannot be satisfied by internship, professional practice or BUS-M 300.

Careers

Training in Economics is broader than most fields, thus career paths are unusually varied. Career fields include business, finance, banking, journalism, teaching, politics, and government.

For more detailed and extensive information regarding careers involving this major, please refer to the Career Development Center.

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