ECONOMICS
Economics in Society (B.A.)
Economics (Minor)
Economics in Society (B.A.)
This major is designed as an interdisciplinary program of studies, combining the primary study of economics with related study in sociology and politics. Students pursuing this major will investigate the basic economic problem of satisfying human wants with limited resources within the broader context of society’s values, objectives, and institutions. Students will be encouraged by advisors to choose their elective courses with specific postgraduate goals in mind. Through careful selection of electives, students pursuing a B.A. in Economics in Society can prepare for careers in business, in international relations, or in social or public policy fields. The Economics in Society major can also provide sound preparation for students considering law school or graduate studies in economics, public policy, or business.
Students in Economics in Society are also encouraged to consider a minor in Mathematics.
At the completion of this program, the student will be able to use his or her professional knowledge, a variety of research skills (bibliographic, quantitative, and computerized information), and communication skills to
- analyze how markets establish equilibria and identify ethical issues related to market outcomes;
- explain economic decision-making processes used by consumers and businesses to satisfy human wants with limited resources;
describe the political and social environment within which the economic policy is designed and implemented and assess the economic costs and trade-offs of these policy options;
- use relevant economic concepts to provide insight into a wide range of human concerns; and
- work effectively as an entry-level research or policy economist and/or analyst, and continue lifelong professional development.
Internship Prerequisites: A minimum of 90 credits with a cumulative GPA of 2.0 or better and a cumulative GPA of 2.0 or better in all Economics, Politics, and Sociology courses are required in order to register for the internship (ECO 490). Students should also complete a minimum of 9 credits in 300+-level ECO courses.
Residency Requirement: Students must complete a minimum of 18 credits from the 300/400-level major degree requirements at Marymount.
Suggested Degree Plan
Year One
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Fall
- Mathematics elective*
EN 101 Composition I*
PSY 100 Introduction to the Social Sciences*
Health elective*
Science elective*
SEM 101 Freshman Seminar
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Spring
- ECO 210 Principles of Microeconomics§
EN 102 Composition II*
MA 132 Statistical Analysis
Humanities elective*
Elective
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Year Two
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Fall
- ECO 211 Principles of Macroeconomics§
Politics/Sociology course§ **
Two (2) Humanities electives*
Elective*
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Spring
- Politics/Sociology course§ **
Economics course§ ***
Humanities elective*
Two (2) electives
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Year Three
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Fall
- COM 300 Report Writing*
Economics course§ ***
Politics/Sociology course§ **
PH 305 Business Ethics*
Elective*
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Spring
- Economics course§ ***
Politics/Sociology course§ **
Three (3) electives
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Year Four
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Fall
- Economics course§ ***
Politics/Sociology course§ **
Humanities elective*
Two (2) electives
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Spring
- ECO 490 Internship§
Economics course§ ***
Two (2) electives
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§ Requirement for the major
* See Liberal Arts Core requirements for details. Recommended Humanities courses include RST 210 Introduction to Religion or RST 211 Religions of the World, TH 350 Social Morality: The Catholic Perspective, PH 301 Ethics and Public Policy, PH 309 Ethical Theory, HI 295 Introduction to Public History
**Politics and Sociology course requirements: POL 205 American Policy Process, POL 210 Western Political Concepts I or POL 211 Western Political Concepts II, SOC 303 Development of Social Thought, SOC 350 Social Justice: Ethical Dilemmas in Social Context, one (1) additional 300/400-level Sociology or Politics course. These courses fulfill the Liberal Arts Core requirements for Social Sciences.
***Economics course requirements: ECO 332 Money and Banking or ECO 485 International Economics, ECO 305 Business and Economics of Sports or ECO 330 Managerial Economics, ECO 431 Contemporary Issues in Economics, two (2) additional 300/400-level Economics courses. These courses fulfill the Liberal Arts Core requirements for Social Sciences.
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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
- Five (5) Economics elective courses approved by an Economics faculty advisor