Bachelor of Science in Economics

Professor Charlie Harrington
Charlie Harrington, M.A. - Professor of Economics; M.B.A. Northeastern University. Lead instructor for Principles of Economics, Intermediate Macroeconomics, Intermediate Microeconomics, Monetary Theory and Policy, International Economics, Econometrics and Business Statistics.

The study of economics will help you develop an analytical approach to thinking and problem solving, which is required for success in business. Beginning with a foundation in general business, humanities, and the sciences, Huizenga School economics majors delve into world shaping issues that affect business, government, financial markets, and global economies. Graduates of the economics major will learn how complex market systems function in the world economy, and will be prepared to pursue graduate work in the areas of economics, finance, business or law. For those not interested in immediately attending graduate school, the program qualifies you for jobs in banking, finance, insurance, real estate, and government, among others. After graduating from the economics major, you can expect to begin your career with an average starting salary comparable to entry-level accounting professionals.

Quick Facts

   Program Features:
  • 120 credit hours
  • Program starts in August (Transfer students may start in January)
  •    Program Formats:
  • Day-Main Campus
  • 8 and 16 week terms are available (All ACT and ECN courses are 16 weeks)
  • A portion of the program may be completed online
  • For an outline of this program, please see the B.S. in Economics Curriculum Guide.

    Curriculum Guide  arrowtop

    This curriculum requirement is for new students starting after January 01, 2008. If you began your program prior to January, 2008 please contact the Academic Advising Office and set up an appointment with your advisor.

    Curriculum - Bachelor of Science in Economics
    Total credits: 120
    General Education Requirements: 39 Credits
    • Composition - COMP 1500 plus 3 additional credits above COMP 1000
    • Mathematics - MATH 1040 (or higher), MATH 3020, and MATH 2080
    • Humanities - WRIT 3150 plus 3 additional credits from ARTS, FILM, HIST, HUMN, LITR, PHIL, SPAN, or WRIT
    • Social and Behavioral Sciences - ECN 2020, ECN 2025, PSYC 1020
    • Natural and Physical Sciences - 3 credits from BIOL, CHEM, ENVS, MBIO, or PHYS
    • Speech - 3 credits (SPCH)
    • General Education Elective - 3 credits from one of these areas:
      ARTS, BIOL, CHEM, COMM, ENVS, FILM, GEOG, GEST, GLBS, HIST, HONR, HUMN, LITR, MBIO, PHIL, PHYS, POLS, PSYC, SOCL, SPAN, or THEA
    Business Core: 36 credits
    ACT 2200 Financial Accounting   3 credits
    ACT 2300 Managerial Accounting   3 credits
    FIN 3010 Corporation Finance   3 credits
    INB 3550 International Business   3 credits
    ISM 3660 Management Information Systems   3 credits
    MGT 2050 Principles of Management   3 credits
    MGT 2150 Business Law I   3 credits
    MGT 4100 Business Ethics   3 credits
    MGT 4170 Organizational Behavior   3 credits
    MGT 4880 Business Strategy and Policy   3 credits
    MKT 3050 Marketing Principles and Application   3 credits
    OPS 3880 Operations Management   3 credits
    Economics Core: 24 credits
    ECN 3010Intermediate Microeconomics3 credits
    ECN 3210Monetary Theory and Policy3 credits
    ECN 4210Econometrics3 credits
    ECN 4300International Economics3 credits
    ECN XXXXEconomics Elective3 credits
    ECN XXXXEconomics Elective3 credits
    ECN XXXXEconomics Elective3 credits
    Economics Electives can inlcude:
    • Environmental Economics
    • Health Care Economics
    • Development Economics
    • Labor Economics
    • Latin American/Caribbean Economics
    • Financial Economics
    • Public Finance

    The electives courses will be offered according to demand and interest. Not all courses will be offered each year.
    For a description of these courses, including prerequisite requirements, see the Course Descriptions.

    Open Electives: 21 credits
    MATH 1000Essential Mathematics3 credits
    MATH 1030Intermediate Algebra3 credits
    MATH 1200Precalculus Algebra3 credits
    * must be included as electives

    Course Descriptions  arrowtop

    Bachelor of Science in Economics

    Full-Time professionals are available to discuss course content in greater detail with you. Simply contact your Admissions Manager at 800.672.7223 Ext. 25168 or use the Contact Us link.

    Business Core Courses

    ACT 2200     Financial Accounting  (3 cr.)

    Provides an introduction to financial accounting and its decision-making elements. Areas covered are the conceptual frameworks of accounting, financial statements and their components, and advance manufacturing environments. Prerequisite: MATH 1030 or higher.

    ACT 2300     Managerial Accounting  (3 cr.)

    Integrates the accounting process with the planning, coordinating, and control functions of the business organization. Topics include strategic planning, tactical and operational decision making, budgeting, responsibility accounting, and performance measurement. Prerequiste: ACT 2200 or equivalent.

    FIN 3010     Corporation Finance  (3 cr.)

    Applies financial management to organizations. Topics include ratio analysis, leverage, cash budgeting, and capital structure. Prerequisite: ACT 2200, ECN 2020 and MATH 3020

    INB 3550     International Business  (3 cr.)

    Surveys the legal and cultural environment of international business; the international financial system; management of international operations; personnel and labor relations; international marketing; international economics, trade, and finance; multinational enterprise; and international accounting. Prerequisite: ECN 2025.

    ISM 3660     Management Information Systems  (3 cr.)

    Discusses the use of computers in business, as well as database management and information system fundamentals.

    MGT 2050     Principles of Management  (3 cr.)

    Provides an overview of management history and theory, schools of management thought, the functions and processes of management, and the environment within which the modern manager operates.

    MGT 2150     Business Law I  (3 cr.)

    Sets forth, explains, illustrates, and applies fundamental principles of business law to modern day business problems. Important subject matters covered are introduction to the legal system, constitutional law as applied to business, contract law and sales law, agency and employment law, types of business organizations, and torts and products liability law. Credit cannot be obtained for both this course and LEGS 3400.

    MGT 4100     Business Ethics  (3 cr.)

    Examines the nature of morality and theories of normative ethics. Identifies a variety of ethical issues and moral challenges involving consumers, the environment, the professions, and the role of the corporation in our society. Prerequisite: Senior standing.

    MGT 4170     Organizational Behavior  (3 cr.)

    The class material will include both theory and practical application of Organizational Behavior in organizations. OB is the study of how individuals and groups impact the behavior within an organization. It is a field of systematic study that focuses on improving productivity, quality, and assisting practitioners to develop methods to empower people as well as to design and implement to change programs. We live in a world characterized by rapid change, globalization, and diversity. OB offers insights in these areas while providing guidance for managers in creating an ethically healthy work climate. Prerequisite: MGT 2050.

    MGT 4880     Business Strategy and Policy  (3 cr.)

    An integrative senior-year course in which the disciplines of management, finance, behavioral sciences, and marketing focus on the solution of business problems. Case studies will be employed in this course. Prerequisite: Senior-level standing, FIN 3010 and MKT 3050 or SPT 3550 and SPT 3650.

    MKT 3050     Marketing Principles and Application  (3 cr.)

    A focus on the marketing concept, and examination of a marketing oriented firm. Topics include consumer behavior, market analysis and the marketing mix. Students will produce a marketing plan.

    OPS 3880     Operations Management  (3 cr.)

    A problem-oriented course in production and operations management. Topics include inventory control, production control, quality control, services management, and facilities management and control. Prerequisite: MATH 3020.


    Economics Major Courses

    ECN 3010     Intermediate Macroeconomics  (3 cr.)

    This course expands upon the tools of economic analysis covered in Principles of Macroeconomics. An overview of current macroeconomics events is followed by an in-depth study of the methodologies used to predict economic activity. Prerequisites: ECN 2025.

    ECN 3210     Monetary Theory & Policy  (3 cr.)

    Examines the structure and function of the American banking system, the Federal Reserve System, and the function of monetary policy in the regulation of the national economy. Prerequisite: ECN 2025.

    ECN 4210     Econometrics  (3 cr.)

    ECN 4210 - Econometrics (3 Credits): The purpose of this course is to introduce students to the theory and application of econometric methods to test economic relationships. It will familiarize students with the various sources of economic data and with the difficulties encountered in empirical testing of economic models. It covers the basic tools of estimation and inference in the context of the single-equation linear regression model, and deals primarily with least squares methods of estimation. The course emphasizes the intutitive understanding and practical application of these basic tools of regression analysis, as distinct from their formal development. Prerequisites: ENC 3010 and MATH 3020.

    ECN 4300     International Economics  (3 cr.)

    Reviews theories and practices of trade, comparative advantage, trade barriers, balance of payments, economic development, and regional economic integration. Prerequisites: ECN 2025 and MATH 1030.