Assumption College

Academics - Assumption College: Economics - Degree Requirements

 
Economics
 
Degree Requirements

Students who major in economics take 11 economics courses (33 credits).


Students who major in economics with a business concentration take 15 courses (45 credits).


Students who major in economics with an international concentration take 11 courses (33 credits).


Students considering going on to study economics at a graduate school are encouraged to complete a minor in Mathematics. Please consult with the economics faculty for suggestions on which mathematics electives would be most appropriate.


Major

Within Economics, there are three possible majors. Each prepares the student with a slightly different economic perspective. Those who may one day wish to pursue a graduate degree or employment in Economics or Business should consider either Economics or Economics with a Business Concentration. Economics with International Concentration gives the student a more specific focus on global issues.


All Economics majors take six economics core courses:

  • ECO 110 Principles of Microeconomics
  • ECO 111 Principles of Macroeconomics
  • ECO 115 Statistics
  • ECO 310 Microeconomic Theory
  • ECO 311 Macroeconomic Theory
  • ECO 499 Research Seminar

Economics

All Economics majors must take the six (6) economics core classes as well as five (5) economics electives for a total of 11 courses.


Major in Economics with Business Concentration

Students who major in Economics with a Business Concentration must take the six economics core classes as well as:

  • ECO 325 Corporate Finance
  • ECO 353 International Trade
  • ECO 329 Monetary and Financial Institutions OR ECO 354 International Finance
  • ECO 260 Government and the American Economy OR ECO 331 Industrial Organization
  • ECO 499 Senior Research Seminar
  • ACC 125 Principles of Accounting I
  • ACC 126 Principles of Accounting II
  • MGT 100 Management and Organizational Behavior OR MKT 101 Principles of Marketing
  • CSC 113 Introduction to Computer Science
  • MAT 117 Calculus I

Note: Students majoring in Economics with Business Concentration may find it difficult to minor in Finance due to course sequencing. Math beyond MAT 117 is strongly encouraged.


Major in Economics with International Concentration

Students who major in Economics with a International Concentration must take the six Economics Core classes as well as five of the following for a total of 11 courses.

  • ECO 120 Intro to Global Studies
  • ECO 252 Economic Development
  • ECO 264 Comparative Economic Systems
  • ECO 353 International Trade
  • ECO 354 International Finance
  • GEO 108 World Population OR GEO 251 (Economic Geography) OR any Regional Geography course.

Note: A minor in Foreign Languages, Geography, Business, or Political Science is a useful complement to this major. Math beyond MAT 117 is encouraged.


Minors


Economics following minors are an excellent complement to majors such as Marketing, Management, International Business, Global Studies, History, Political Science, and Sociology. A student may also create a special minor with the approval of the Department Chairperson.


Minor in Economics

To minor in economics, students take 7 courses (21 credits).

  • ECO 110 Principles of Microeconomics
  • ECO 111 Principles of Macroeconomics
  • ECO 115 Statistics
  • ECO 310 Microeconomic Theory OR 311 Macroeconomic Theory
  • Three economics electives at the 200 level or above selected in consultation with an Economics Department Advisor

Minor in Law and Economics

Required courses for minor in Law and Economics

  • ECO 110 Principles of Microeconomics*
  • ECO 111 Principles of Macroeconomics*
  • ECO 230 Law and Economics
  • ECO 260 Government and the American Economy ORIndustrial Organization
  • PHI 320 Business Ethics

Additional requirement for Law and Economics minor (Students choose 1)

  • POL 316 Constitutional Law
  • POL 318 Civil Liberties
  • POL 321 Public Policy
  • GEO 251 Economic Geography
  • GEO 252 Land Use Geography and Planning Law

*For purposes of double counting against a Major, ECO 110-111 are considered one course.

 

 

Type Spotlight

 

Leslie Lupien

Pomfret, CT

Leslie balances basketball, majoring in Biology, and minoring in Sociology