The faculty of economics is a community of teacher-scholars engaged in theoretical, empirical and historical approaches to the study of the global economy and the varieties of capitalism extant in the world today. The faculty aims to create a collaborative teaching, learning and research environment emphasizing global awareness, environmental sensitivity and the synergies between theory and practice. Students majoring in economics are expected to acquire competencies in theory and empirical analyses, to adopt either a global or comparative concentration in their course work or to design their own major in consultation with two faculty members in economics. Individually designed majors will be required to take all core course requirements. Majors are required to participate in our lecture series and spend either a semester/year or summer studying abroad or in an internship in a major international city such as Washington, D.C. (International students are exempt from the study abroad/internship requirement. Other exemptions may be granted for compelling reasons.) Students are also encouraged to work with a faculty member in economics on at least one research project.
Requirements for the Major
The economics major requires a minimum of 36 credits in economics. Students may take a maximum of 60 credits.
All majors must take the following core economics courses:
ECON 205 Principles of Macroeconomics
ECON 206 Principles of Microeconomics
ECON 305 Macroeconomic Analysis
ECON 306 Microeconomic Analysis
ECON 310 Environmental Economics
ECON 452 History of Economic Thought
ECON 470 Senior Seminar
and
MATH 112 Applied Statistics
MATH 120 Pre-calculus Mathematics
Majors specializing in Global Economy are required to take all the courses required of all majors listed above, plus:
ECON 324 International Trade
ECON 460 International Finance
ECON 480 Econometrics
and 6 credits from the following:
ECMG 314 Multinational Enterprises: Theory and Practice
ECMG 478 International Financial Management
ECON 318 Comparative Market Economies
ECON 319 Transitional Economies
ECHN 330 East Asia
ECON 317 Economics of Development
ECPS 414 Environmental Policy
Majors specializing in Comparative Market Economies are required to take all of the courses required of all majors listed above, plus:
ECON 318 Comparative Market Economies
ECON 319 Transitional Economies
ECPS 414 Environmental Policy
and 6 credits from the following:
ECHN 330 East Asia
ECON 317 Economics of Development
ECMG 314 Multinational Enterprises: Theory and Praxis
ECMG 478 International Financial Management
Students planning to pursue a Ph.D. in economics should take ECON 430 (Econometrics), as well as MATH 201 (Calculus I), MATH 202 (Calculus II), MATH 203 (Calculus III), MATH 304 (Differential Equations), MATH 339 (Linear Algebra), MATH 351 (Probability) and MATH 453 (Real Analysis).