2016-2017 Academic Bulletin 
    
    Sep 20, 2020  
2016-2017 Academic Bulletin [ARCHIVED CATALOG]

Economics Major


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Economics Learning Outcomes

Students who successfully complete an Economics major are able to:

  • Explain the basic elements of economic models.
  • Identify important economic actors, organizations, and institutions and describe their role and impact.
  • Understand and interpret statistical measures and techniques.
  • Use the spoken and written word, graphs, and mathematics to present economic phenomena and arguments.
  • Evaluate multiple economic arguments and multiple sources of evidence.
  • Propose and model economic hypotheses.
  • Collect relevant data for use in qualitative and quantitative research methods.
  • Evaluate economic arguments and policy proposals using empirical methods.

The Economics Major

Economics majors are required to have a GPA of at least 2.0 in departmental courses at graduation. Only Economics courses taken at Allegheny on a letter grade basis are included in the GPA calculation. For repeated courses, only the most recent grade is included. All courses required for the major must be taken on a letter grade basis except one of the introductory courses (ECON 100  or ECON 101 ). Students may present a total of 12 semester hours of transfer credit toward the major; exceptions must be approved by the department chair.

Requirements:


Two Intermediate Theory Courses:


Should be completed by the end of the junior year:

Two Courses in Economic Statistics:


Should be completed by the end of the junior year:

Two 200-level Elective Courses:


Note: ECON 286  cannot be used to satisfy the 200-level elective requirement.

Two 400-level Elective Courses:


ECON 385  or ECON 386  can substitute for one of the 400-level courses.

Seminar:


(ECON 570-ECON 589). Typically taken in the first semester of the senior year.

The Senior Project:


ECON 620 . Typically taken in the second semester of the senior year.

Note:


The 200-level elective courses generally have only introductory micro and/or macroeconomics as a prerequisite, whereas the 400- and 500-level courses generally require ECON 200  and ECON 201 . Courses numbered ECON 210-ECON 289 are intended to be primarily informational, institutional, historical, or philosophical in nature, while the 400-level courses are more theoretical, empirical or quantitative in emphasis.

Students considering a major in Economics are advised that ECON 200 , ECON 201 , and ECON 202  are calculus-based and have MATH 157  or MATH 160  as prerequisites.

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