Bachelors (BA) in Economics

Economics is the study of how individuals and societies strive to meet their material wants and needs. As a social science, it is fundamentally concerned with improving human welfare. To understand the economy, economists draw upon a number of other academic disciplines including philosophy, mathematics, history, and other social sciences. This is done to understand individual and household decision making, the behavior of firms and industries, and the role of government. Economists are active in addressing many of humanity’s most pressing challenges, from escaping poverty to environmental degradation. In keeping with the University's mission, the faculty examine economic topics from a Christian perspective, emphasizing themes such as service, stewardship, and justice. 

The economics major offers a 42 – 45 semester- hour course of study. During their studies  students must complete an internship or original research project. Students that graduate with an economics degree are prepared for careers as economists in the business, non-profit, government, or education sectors. The course of study also prepares students for graduate studies in business administration, economics, law, public policy, and public administration. Like other majors in the College of Business and Economics, it requires completion of general core classes, and specialized selected courses. Students are required to obtain a minimum grade of C- in all courses taken for the major.

Degree Outcomes

Graduates with a BA in economics will:

  • Develop an understanding of the many ways humans have resolved economic challenges and opportunities, both across time and space
  • Apply economic theory to decision making from the level of the individual to the nation and world
  • Demonstrate strong analytical skills in order to gather, evaluate, and analyze economic data
  • Demonstrate effective writing and presentation skills with respect to economic topics
  • Examine economic issues and controversies from a Christian perspective.
     

Major Requirements

Economics Core (24 hours)
BUSN 240 Statistics for Business and Economics 3
BUSN 290 Business Ethics 3
ECON 201 Principles of Microeconomics 3
ECON 202 Principles of Macroeconomics 3
ECON 301 Intermediate Microeconomics 3
ECON 302 Intermediate Macroeconomics 3
ECON 410 Introduction to Applied Econometrics 3
ECON 490 Economics Senior Seminar 3
Electives (18 hours)
Students must choose 15 semester hour from the following courses:
ECON 340 Public Economics 3
ECON 370 International Economic Development 3
ECON 463 International Trade and Finance 3
ECON 440 Urban and Regional Economics 3
ECON 485 Selected Topics 3
FINC 340 Financial Markets and Institutions 3

Students must choose 3 semester hours from the following courses:
BUSN 120 Personal Finance 3
MATH 201 Calculus I 4
MATH 202 Calculus II 4
MATH 301 Calculus III 3
MATH 311 Differential Equations with Linear Algebra 4
MATH 411 Advanced Linear Algebra 3
PHIL 332 Virtue Philosophy 3
PHIL 373 Social Theory 3
PSCI 240 State and Local Government 3
PSCI 300 American Political Theory 3
SOCI 363 Social Inequality 3

Students must complete 3 hours in one of the following:
ECON 465 Economic Research 1-3
ECON 475 Field Experience 1-3