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The program and courses are designed to:
The program and major are designed to:
All students in this program will receive a thorough grounding in:
Why study economics at Benedictine?
When you choose to major in economics at Benedictine University, you will begin to be concerned with solutions to economic problems arising from the production and distribution of goods and services at the macroeconomics and microeconomics level. You will learn to compile, process and interpret economic and statistical data. You will also learn to interpret government policies and their influence on price and employment levels.
As an economics major, you will receive thorough exposure to economic principles and how to apply them to the national economy and the business world. In our program, you will receive the theoretical and practical economic training you need to successfully enter the business community, government service or graduate school.
You will have access to our library's inter-library loan system for your research needs.
What careers are available with an economics degree?
Most students pursuing a bachelor's degree in economics intend to continue with graduate studies in economics or business at some point in their careers. Business economists work in such fields/positions as:
How does the program work?
As an Economics major, you will acquire the broad base of knowledge represented by the University's Inquiry General Education courses by all students. The Inquiry General Education baccalaureate requirements comprise skill requirements, interdisciplinary seminars, and mode of inquiry electives in the following fields: theological/religious studies, philosophy, history, literature, artistic and creative, natural sciences, computational, mathematical and analytical, social sciences including political, global, and economic systems. These requirements will prepare you for a life of learning and responsible inquiry. You will bridge disciplines, widen your perspectives, discover connections, and integrate knowledge. You will acquire a thorough background in quantitative skills through courses in statistics, calculus and linear algebra or differential equations, plus other recommended math courses. You will learn principles of accounting, how firms operate and make economic decisions, how the economic system works at the aggregate and micro-economic levels, and specialized economic topics such as public finance, money and financial markets and international trade and finance.
Graduation Requirement | Min. Semester Credit Hours | 120 | |
General Education Requirements | Refer to major checklist for General Education Requirements. | |
Major Requirements | 28 | |
Major Electives | 15 | |
Total Major Requirements | 43 |
Business Core Courses (30 semester credit hours) |
||
---|---|---|
Course Number | Course Title | Semester Credit Hours |
ACCT 111 | Accounting I | 3 |
ACCT 112 | Accounting II | 3 |
ECON 101 | Macroeconomics | 3 |
ECON 102 | Microeconomics | 3 |
ECON 201 | Price Theory and Application | 3 |
MGT 150 MATH 150 |
Statistics I or Introduction to Statistics |
3 |
MATH 210 | Calculus for Physical Science I | 4 |
MGT 251 | Statistics II | 3 |
Major Electives (15 semester credit hours required. Select 5 courses from the courses listed below) |
||
---|---|---|
Course Number | Course Title | Semester Credit Hours |
ECON 305 | Comparitive Economic Systems | 3 |
ECON 310 | Money and Financial Markets | 3 |
ECON 320 | Area Studies | 3 |
ECON 331 | Labor and Industrial Relations | 3 |
ECON 340 | Public Finance | 3 |
ECON 351 | Global Development Issues | 3 |
ECON 360 | International Trade and Finance | 3 |
ECON 370 | Industrial Organization & Policy | 3 |
Major Electives (6 semester credit hours required. Select 2 courses from the list below) |
||
---|---|---|
Course Number | Course Title | Semester Credit Hours |
BALT 310 | Visual Tech. & Dashboarding | 3 |
BALT 320 | Data & Text Mining | 3 |
BALT 340 | Web Intelligence & Analytics | 3 |
BALT 350 | Business Process Management | 3 |
BALT 360 | Social Influence Networks | 3 |
INTB | Elective 300 Level | 3 |
MGT 237 | Business Communication | 3 |
MGT 301 | Entrepreneurship | 3 |
MGT 302 | International Management | 3 |
MGT 303 | Management Labor Relations | 3 |
MGT 305 | Intro to Sport Culture in America | 3 |
MGT 315 | Lean Six Sigma for Oper Excellence | 3 |
MGT 323 | Group Processes | 3 |
MGT 334 | Training & Development | 3 |
MGT 335 | Compensation & Performance Mgt | 3 |
MGT 347 | Project Management | 3 |
Department Cognates (9 semester credit hours) |
||
---|---|---|
Course Number | Course Title | Semester Credit Hours |
BALT 240 | Excel for Mere Mortals | 3 |
MATH 115 | Business Calculus | 3 |
MGT 252 | Business Ethics | 3 |
AAll majors must submit at least 45 semester credit hours in major courses (with a grade of “C” or better), of which 30 semester credit hours are at the 200 level or above, including 18 semester credit hours at the 300 level plus 9 semester credit hours in cognate courses.
Refer to the checklist and catalog for a complete list of University and College requirements.
Requirements - Major:
Economics majors must complete the University's Inquiry General Education requirements, and MATH-C210(4), 207(1) and are strongly encouraged to complete MATH-211(4), 212(4), and either MATH-260(4) or 300(3).
Economics majors must also complete, with a grade of "C" or better, ECON-C101(3), C102(3), 201(3), 202(3); ACCT-111(3), 112(3); MATH-150(3) or MGT-150(3), MGT-251(3); and five 300-level courses from ECON-310(3), C320(3), 331(3), 340(3), 360(3), 370(3).
CLEP, life experience, work experience, internships, advance placement and other external credit do not substitute for upper-level (300) courses.
Requirements - Minor:
Students seeking a minor in economics must complete with a grade of "C" or better 21 semester hours which must include ECON-C101(3), C102(3), 202(3), 310(3); MATH-150(3) or MGT-150(3) and at least two 300-level courses in economics.