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Economics

Economics is a way of thinking, a method of inquiry used by both private sector decision-makers and policy-makers in business, government, and society at large. The student who elects economics as a major will develop the analytical ability to frame and solve complicated problems that arise in business and in government and in society at large.

An undergraduate major in economics can serve as the basis for a successful and challenging career or as the foundation for graduate or professional study. Graduates can look forward to opportunities in business, law, foreign service, government, or financial services. Students desiring more education will have the undergraduate background to undertake graduate study in economics, business or public policy. The economics major is also well regarded by law schools.

Economic Freedom Institute

Director: Anna Sachko Gandolfi

Sponsored by the Department of Economics, Finance and Management, the Economic Freedom Institute provides a forum for the study, analysis and discussion of the nature of economic freedom and its implications. The institute fosters the exchange and development of ideas concerning policies and programs of importance in regional, national and international arenas.

Economics Major Requirements

The economics major consists of 13 courses: 7 are required and 6 are elective. Required Courses

Economics Elective Courses

All electives must have the ECO code.

Economics Senior Seminar

The seminar, offered only during the fall semester, requires research and the use of economic analysis. Research findings and conclusions will be presented in a senior thesis and discussed in a seminar format. A grade of C- is the minimum standard for a successful senior evaluation.

Note: In general, students may not select both a major and a minor (or two majors) from the Department of Economics, Finance and Management, as the faculty of the Department wishes to ensure that our students possess real breadth in their studies. In some circumstances, an exception to this rule may be granted. A student wishing this exception, and who also plans a minor or major in another department, should petition the Chair of the Economics, Finance and Management Department. Please note that courses may not be double-counted by students who are allowed to do a major and minor (or two majors) within the Department. This double-counting can be avoided by taking additional electives.

Economics Honors

To achieve department honors, a student must obtain a 3.5 average or better in courses taken in the department, a grade of B+ or higher in the senior seminar, and a very strong academic record overall.

Economics Minor Requirements

A Minor requires the completion of ECO 1011 and ECO 1012 plus any three other economics courses. Internships do not count in fulfilling minor requirements. Students who are not economics majors but wish to enroll in economics courses should note that the introductory sequence is a prerequisite for almost all electives.

Note: a student who majors in economics, finance, or management must select a minor offered by another department at the college.

Economics Internship

Prerequisites: ECO 1011 and ECO 1012, ECO 3002 and at least one other economics course. No more than one internship will count in fulfillment of the major requirements.

Economics Independent Study

Prerequisites: ECO 1011 and ECO 1012 and an overall G.P.A. of 3.00.

Economic Policy Concentration for the Economics Major

Economics majors may choose to concentrate in economic policy taking 13 courses, 7 required and 6 elective.

Required courses:

Elective Courses:

The six electives must include at least four of the following:

In addition, students who choose the economic policy concentration will be required to write a research paper on some selected economic policy topic in the senior seminar in economics. This economic policy topic must be approved by the senior seminar instructor.

Economic Policy Minor Requirements

Economic policy minors are required to take ECO 1011 Principles of Macroeconomics and ECO 1012 Principles of Microeconomics and any three electives from the following list:

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