Economics and Business

Majoring & Minoring

Department Goals

Economics:

  1. Students obtain an understanding of economic theory.
  2. Students develop their skills of analysis.

Financial Economics:

  1. Develop a foundation in the interdisciplinary context related to economics and finance.
  2. Think analytically about social issues in a financial setting.
  3. Understand the economic models used in finance as well as the econometrics skills to apply the models to financial markets.

Business:

  1. Develop disciplinary literacy by understanding business theory and concepts.
  2. Develop business domain research and writing skills.
  3. Understand business as a set of interdependent sub-disciplines within society.
  4. Apply disciplinary theory and concepts to business situations.

Students elect to work toward a Bachelor of Arts degree with a major in Economics, Financial Economics, or Business.

 
Paired Major: Economics and Business

Paired majors and major-minor combinations in Economics and Business are also available. In those cases, double counting of Economics 31-104 and Economics 31-474/Business 30-474 is allowed.  Financial Economics cannot be paired with either Economics or Business.

Paired Major: Business and Art History

It is also possible to do a paired major in Business and Art History by counting one upper-level elective course in Business, Economics, or Accounting as one of the two upper-level elective courses required in the Art History major, and counting an upper-level elective course in Art History as one of the five upper-level elective courses required for the Business major.

Note on course numbering:   100 level courses are introductory.  200 - 800 level courses are upper-level and require introductory or other courses as prerequisites.  900 level courses are capstone, tutorials, honors, internships, and independent study.

Major in Economics: Nine courses
  • ECO31-104 Principles of Economics
  • ECO31-224 Intermediate Microeconomic Theory
  • ECO31-234 Intermediate Macroeconomic Theory
  • ECO31-314 Econometrics
  • ECO31-964 Capstone in Economics (to be taken in the spring of the senior year)
  • At least four additional upper-level Economics courses or courses that contribute to Economics (3-4 credits each)

All courses above Economics 31-104 require sophomore standing.

An internship (Economics 31-944) is strongly recommended. 

Required supporting courses in the Economics major: Two courses

  • MAT52-114 Introduction to Statistics
  • MAT52-154 Calculus I1 or MAT52-164 Applied Multivariable Calculus I
Minor in Economics: Six courses
  • ECO31-104 Principles of Economics
  • ECO31-224 Intermediate Microeconomic Theory or ECO31-234 Intermediate Macroeconomic Theory
  • Three additional upper-level Economics courses or courses that contribute to Economics (3-4 credits each)
  • MAT52-154 Calculus I1 or MAT52-164 Applied Multivariable Calculus I1

Note 1: Students not ready for Calculus I should first take MAT52-124 Elementary Function Theory.

Note on course numbering: 100 level courses are introductory. 200 - 800 level courses are upper-level and require introductory or other courses as prerequisites.  900 level courses are capstone, tutorials, honors, internships, and independent study.

Major in Financial Economics: Ten courses
  • ACC36-114 Fundamentals of Accounting
  • ECO31-104 Principles of Economics
  • ECO31-224 Intermediate Microeconomic Theory
    • ECO31-314 Econometrics
  • BUS30-474 or ECO30-474 Finance
  • BUS30-574 or ECO30-574 Investments
    • BUS30-594 Financial Statement Analysis
    • ECO31-964 Capstone in Economics
    • At least two additional upper-level courses from the following:
      • ECO31-214 Money, Banking and Financial Markets
      • ECO31-234 Intermediate Macroeconomic Theory
      • ECO31-494 Financial Economics
      • BUS30-912 Financial Analyst Program (must be repeated to count as an upper-level course)
      • BUS30-944 or ECO31-944 Academic Internship
      • Any upper level course in Accounting (200 level or above)
      • Related courses with approval of the department chair

Required supporting courses in the Financial Economics major: Two courses

  • MAT52-114 Introduction to Statistics
  • MAT52-154 Calculus I1 or MAT52-164 Applied Multivariable Calculus I

Note 1: Students not ready for Calculus I should first take MAT52-124 Elementary Function Theory.

Note on course numbering:   100 level courses are introductory.  200 - 800 level courses are upper-level and require introductory or other courses as prerequisites.  900 level courses are capstone, tutorials, honors, internships, and independent study.

Major in Business: Ten courses
  • ACC36-114 Fundamentals of Accounting
  • ECO31-104 Principle of Economics
  • BUS30-214 Foundations of Business
  • BUS30-474 Finance
  • BUS30-964 Capstone in Business
  • Five additional upper-level Accounting, Business or Economics courses or courses that contribute to Business or Economics (3-4 credits each)

An internship (Business 30-944) is strongly recommended.

Required supporting courses in the Business major: Two courses

  • MAT52-114 Introduction to Statistics
  • Take one of the following:
    • MAT52-154 Calculus I
    • MAT52-164 Applied Multivariable Calculus I
    • BUS30-154 Quantitative Methods in Business
Minor in Business: Six courses
  • ACC36-114 Fundamentals of Accounting
  • ECO31-104 Principles of Economics
  • BUS30-214 Foundations of Business
  • MAT52-114 Introduction to Statistics
  • Take one of the following:
    • MAT52-154 Calculus I
    • MAT52-164 Applied Multivariable Calculus I
    • BUS30-154 Quantitative Methods in Business
  • One additional upper-level courses (4 credits) in Accounting, Business, or Economics or courses that contribute to Business or Economics.

Note 1: Students not ready for Calculus I should first take MAT52-124 Elementary Function Theory.

Note 2: Students who intend to go to graduate school should discuss additional course recommendations with faculty in the department.

Note 3: A minimum grade of C- must be earned in any course if it is to count as a prerequisite for a subsequent Accounting, Business, or Economics course.

Note on course numbering: 100 level courses are introductory.  200 - 800 level courses are upper-level and require introductory or other courses as prerequisites.  900 level courses are capstone, tutorials, honors, internships, and independent study.