Home 2015-2016 Undergraduate College Catalog Undergraduate Programs of Study(Majors, Minors & Requirements) Accounting/Economics/Finance/ Business Management/Marketing Economics

Economics

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Accounting/Economics/Finance/ Business Management/Marketing

Introduction

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. As an Economics major you will develop the analytical ability to frame and solve complicated problems that arise in business, in government, and in society.

Degree

Bachelor of Arts

Students can also choose concentrate in Economic Policy or minor in Economics or Economic Policy.

Optional Minors

Students can minor in Economics

Career Ideas

Research Assistant, Economic Analyst, Consultant to Businesses and/or Governments, Banker, Government Economist, Market Research Analyst, Econometrician, Financial Analyst

Program Administrators

William Perkins, Department Chair, (914) 323-5149, William.Perkins@mville.edu

Faculty and Staff

DEPARTMENT CHAIR

William Perkins

FULL-TIME FACULTY
Nimish Adhia

Tina Bardsley

Efraim Berkovich

David Borker

James Bryan

Robert Derrell

Kyoko Mona

William Perkins

Heather Perreta

FACULTY EMERITAE

Anna Sachko Gandolfi

Cecilia Winters

ADJUNCT FACULTY

Alan Anderson

Edwin Bowman

Rob Candee

Michael Coelho

Alex Gialanella

Paul Jakubek

Rosalie Liebowitz

Danielle Martin

Ken Mias

Sultan Niazi

Erik Paulson

Michael Scimeca

John Wenninger

STAFF

Carolyn Greaige
Administrative Assistant

Overview

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 12 courses: 7 are required and 5 are elective. Required Courses

ECO 1011	Principles of Macroeconomics
ECO 1012	Principles of Microeconomics
ECO 2060	Economic & Business Statistics
ECO 3001	Intermediate Macroeconomic Theory
ECO 3002	Intermediate Microeconomic Theory
ECO 3008	Applied Econometrics
ECO 3997	Senior Seminar

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: Students can choose a department related double major. Those who choose this option are not permitted to minor in a department related subject. Students with one department related major are allowed one department related minor. Other students are permitted at most two, department related minors. Please note that courses may not be double counted by students who choose a major or 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.

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 12 courses, 7 required and 5 elective.

Required courses:

ECO 1011	Principles of Macroeconomics
ECO 1012	Principles of Microeconomics
ECO 2060	Economic & Business Statistics
ECO 3001	Intermediate Macroeconomics
ECO 3002	Intermediate Microeconomics
ECO 3008	Applied Econometrics
ECO 3997	Senior Seminar in Economics

Elective Courses:

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

ECO 2009	Public Finance and Public Policy
ECO 2015	Money and Banking
ECO 2017	Economics and Finance of Health Care Policy
ECO 2022	Government and Industry
ECO 3016	International Trade
ECO 3075	Seminar in Contemporary Economic Issues

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:

ECO 2009	Public Finance and Public Policy
ECO 2017	Economics and Finance of Health Care Policy
ECO 2022	Government and Industry
ECO 3016	International Trade
ECO 2015	Money and Banking
ECO 3075	Seminar in Contemporary Economic Issues