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Economics

Economics (B.A.)

Economics is a social science that seeks to understand human behavior by analyzing how changes in incentives affect the choices individuals and groups of individuals make. The basic challenge of economic decision-making involves satisfying unlimited human wants with limited resources. Exploring this central economic concept becomes even more complex when a specific society’s values, objectives, and institutions are considered. Marymount’s B.A. in economics uses this economic framework to understand a broad range of diverse issues including business operations, environmental policy issues, poverty, law, financial institutions, and international trade, among others.

Marymount’s location in the metropolitan Washington, DC area provides the perfect setting for real-time analysis and experience via site visits, internship opportunities, and guest speakers from think tanks and government agencies. Small class sizes allow extensive individual interaction with professors.

A degree in economics prepares students for careers in government, consulting, and business. Indeed, average starting salaries for undergraduate economics majors are routinely among the highest among all undergraduate programs. Studying economics also provides an excellent foundation for graduate studies in law, public policy, international studies, or business.

Students majoring in economics will be encouraged by advisors to choose their elective courses with specific postgraduate goals in mind. The economics degree provides ample elective credits for students to explore additional academic interests in fields like business, politics, mathematics, history, English, sociology, philosophy, and psychology.

Upon successful completion of this program, students will be able to

  • understand economic analysis and use its concepts to provide insight into a wide range of human concerns;
  • communicate economic information and concepts effectively in both written and oral forms of communication; and
  • work effectively as an entry-level research or policy analyst and develop opportunities and techniques for lifelong professional development.

Internship Prerequisites: A minimum of 90 credits in the program with a minimum cumulative GPA of 2.0 and a minimum cumulative GPA of 2.0 in all 300- and 400-level economics courses are required in order to register for the internship (ECO 490). Students should also have completed a minimum of 9 credits in 300- and 400-level economics courses. Students should consult their academic advisor and the School of Business Administration internship director in the Center for Career Services for more information.

Residency Requirement: Students must complete a minimum of 18 credits from the 300/400-level major degree requirements at Marymount.

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Degree Requirements — Economics (B.A.)

Liberal Arts Core and University Requirements

See University Requirements and the Liberal Arts Core for details.

Major Requirements

To fulfill the requirements of the major, all students in this program will take the following coursework in a sequence determined in collaboration with a faculty advisor. Some courses also satisfy Liberal Arts Core and/or University requirements.

ECO 210 Principles of Microeconomics

ECO 211 Principles of Macroeconomics

ECO 330 Managerial Economics

ECO 431 Contemporary Issues in Economics

ECO 485 International Economics

ECO 490 Internship (3-6 credits)

MA 132 Statistical Analysis

An additional 12-15 credits of economics courses (for a total of 33 economics credits) are required.

Sample Degree Plan — Economics (B.A.)

Please note that this is a sample plan; all students must consult with an advisor in making course selections.

Year One — Fall

EN 101 Composition I (WR core course)*

Natural Science (NS) core course*

TRS 100 Theological Inquiry (TRS-1 core course)*

DSC 101 DISCOVER First-Year Seminar*

One (1) elective (MGT 123 recommended)

Year One — Spring

ECO 211 Principles of Macroeconomics (SS-1 core course) § *

One (1) Introductory Social Science (SS-1) core course in politics, psychology, or sociology*

EN 102 Composition II (WR core course)*

Introductory History (HI-1) core course*

One (1) elective (MA 151 Mathematical Methods for Business, MA 171 Calculus with Precalculus A, or MA 181 Calculus recommended)

Year Two — Fall

ECO 210 Principles of Microeconomics (SS-1 core course) § *

MA 132 Statistical Analysis (MT core course) § *

Introductory Literature (LT-1) core course*

Two (2) electives

Year Two — Spring

ECO 330 Managerial Economics §

PH 200 Introduction to Philosophy (PH-1 core course)*

Theological Ethics (TRS-E) core course*

One (1) Introductory Social Science (SS-1) core course in politics, psychology or sociology or a second Natural Science (NS) core course §§ *

One (1) elective

Year Three — Fall

ECO 431 Contemporary Issues in Economics (SS-2 core course, WI course) § *

One (1) 300/400-level economics course §

Fine Arts (FNA), Advanced History (HI-2), or Advanced Literature (LT-2) core course*

Two (2) electives

Year Three — Spring

ECO 485 International Economics §

One (1) 300/400-level economics course §

PH 301 Social and Political Philosophy or PH 305 Business Ethics (PH-2 core course) §§§ *

Two (2) electives

Year Four — Fall

Two (2) 300/400-level economics courses §

Fine Arts (FNA), Advanced History (HI-2), or Advanced Literature (LT-2) core course*

Two (2) electives

Year Four — Spring

ECO 490 Internship § #

Zero or one (1) economics course §#

Three (3) electives

§ Requirement for the major

§§ Students must take an Introductory Social Science (SS-1) core course in another field (politics, psychology, or sociology) different from their earlier non-economics SS-1 elective or else take a second Natural Science (NS) core course.

§§§ Students can elect to take another Advanced Philosophy (PH-2) core course instead.

* Fulfills Liberal Arts Core/University Requirements. See University Requirements and the Liberal Arts Core and Course Descriptions for further information.

# Internship may be taken for 6 credits or 3 credits plus one (1) economics course. ECO 490 fulfills the university Experiential Learning (EXP) requirement.

Note: Students must take at least two (2) Writing-Intensive (WI) courses in addition to ECO 431.

Economics (Minor)

Residency Requirement: Students must complete at least 12 credits of the following at Marymount.

Minor Requirements

ECO 210 Principles of Microeconomics

ECO 211 Principles of Macroeconomics

Four (4) additional economics electives approved by an economics faculty advisor

Catalog Contents

General Information

Admission

Financial Information

Academic Support Services

Academic Information and Policies

University Requirements and the Liberal Arts Core

Academic Opportunities

Undergraduate Programs

Course Descriptions

Accounting Courses

Applied Arts Courses

Astronomy Courses

Biology Courses

Business Law Courses

Center for Career Services

Chemistry Courses

Communication and Media Design Courses

Criminal Justice Courses

Economics Courses

Education Courses

English Courses

EN 090 Introduction to College Reading

EN 100 Introduction to College Writing

EN 101 Composition I

EN 102 Composition II

EN 150 Introduction to American Sign Language

EN 200 Elements of Literary Study

EN 201 World Literature: The Ancient World

EN 202 World Literature: The Middle Ages

EN 203 World Literature: Renaissance through Enlightenment

EN 204 World Literature: Romanticism through Post-Modernism

EN 205 American Literature I

EN 206 American Literature II

EN 207 Theater History

EN 211 Principles of Language

EN 212 Topics in Acting

EN 220 The Movie or the Book? Narrative Adaptation in the Cinema

EN 225 Literary Superheroes

EN 227 Short Fiction

EN 230 American Multicultural Literature

EN 240 Introduction to Visual and Cultural Studies

EN 250 Introduction to Shakespeare and Elizabethan Literature in London

EN 270 Approaches to Creative Writing

EN 280 Perspectives on Language Acquisition

EN 290 Literary Theory and Practice

EN 301 The Writing Process: Theory and Practice

EN 303 Literary Nonfiction

EN 305 Topics in Creative Writing

EN 308 Style and Revision

EN 321 Modern Drama

EN 322 19th-Century British Poets

EN 323 Modern Poetry

EN 330 Chaucer and the Courtly Love Tradition

EN 340 Major Women Writers

EN 350 The American Dream

EN 351 Literature of Childhood and Adolescence

EN 355 Shakespeare

EN 357 Topics in Literature Before 1800

EN 385 Approaches to Teaching Secondary English

EN 400 Internship

EN 421 Project

EN 424 Senior Seminar

EN 426 Studies in the Novel

EN 428 Studies in Contemporary Literature

EN 429 Topics in Performance

EN 433 Research

EN 490 Major Author(s)

Finance Courses

Fine Arts Courses

First-Year Seminar Courses

French Courses

Geography Courses

Geology Courses

German Courses

Global Scholars Courses

Health And Human Performance Courses

Health Care Management Courses

Health Information Management Courses

History Courses

Honors Courses

Human Resource Management Courses

Humanities Courses

Information Technology Courses

Interdisciplinary Studies Courses

Interior Design Courses

Legal Administration Courses

Liberal Studies Courses

Literature Courses

Management Courses

Management Science Courses

Marketing Courses

Mathematics Courses

Multidisciplinary Studies Courses

Nursing Courses

Philosophy Courses

Physical Science Courses

Physics Courses

Politics Courses

Psychology Courses

Sociology Courses

Spanish Courses

Theology and Religious Studies Courses

University Leadership

Notices to Students

Index