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ECONOMICS DEGREE PROGRAM

    Two degrees in economics are offered:  the Bachelor of Science and the Bachelor of Arts.  Both degrees are designed to offer the student flexibility in fashioning the major.  Students are taught to think critically about typical issues faced in business and social policy and how to analyze their implications.  Emphasis is placed on exposing the student to decision-making tools used in a variety of career paths.  In addition to preparing students to enter the business world, a major in economics is a traditional pre-law degree since students with an economics degree enter law school with well-refined analytical tools and an ability to think critically.  All economics majors are required to take at least 36 hours of economics courses.
       There are three curricular tracks offered for the Bachelor of Science in Economics, each of which has a different emphasis. The first track, Business Economics Concentration, focuses on economics while requiring students to take supporting courses in accounting, finance, computing, and statistical methods. It is designed to prepare students for analytical positions in a variety of businesses.
    The second track, the Public Policy Concentration, allows students to study Economics while focusing on public policy and social issues.  Economics is combined with Political Science and Sociology to provide a Liberal Arts orientation.
    The third track, the Bachelor of Science degree without a specific concentration, provides the most flexibility in both course work and career choices.
    There is one curricular track offered for the Bachelor of Arts degree with a concentration in International Economics. This concentration provides a wide-ranging international experience. As part of this program, the student is required to take international economics courses, the International Studies Minor, and a foreign language as a requirement of the BA degree. In addition, Longwood's Office of International Studies offers many study-abroad experiences that complement this major. 

ECONOMICS MAJOR, B.S. DEGREE 

A.      General Education Core Requirements 33 credits
     See General Education Requirements   

B.        Additional Degree Requirements 10 or 11 credits

MATH 164   Precalculus/3 credits
or  MATH 267 Applications of Calculus/4 credits  
Social Science/3 credits  
Science/4 credits

C.       Major Core Requirements  28 credits  

ECON 217 Principles of Economics (Micro Emphasis)/3 credits  
ECON 218 Principles of Economics (Macro Emphasis)/3 credits  
ECON 309 Managerial Economics/3 credits  
ECON 317 Intermediate Microeconomics/3 credits  
ECON 318  Intermediate Macroeconomics/3 credits  
ECON 414 Econometrics and Forecasting/3 credits  
ECON 461 Senior Seminar/3 credits  
ECON 492 Internship:  Economics /1 credit  
(Additional credits of ECON 492 may be taken as general electives, but may not be used as ECON electives.  The total credits in ECON 492 cannot exceed 6 hours.)
MANG 275 Business Statistics/3 credits
CIMS 170 Computer Application/3 credits  

D.       Economics Concentration Requirements

In addition to completing the major core requirements, each candidate for the B.S. in Economics degree shall satisfy the additional specific requirements of one of the following concentrations.

Business Economics – 27 credits
ECON 319 International Economics/3 credits
Electives/15 credits (at the 300 or 400 level)  
ACCT 240 Principles of Accounting I/3 credits  
ACCT 242 Principles of Accounting II/3 credits  
FINA 350 Principles of Finance/3 credits 
Public Policy – 33 credits
ECON 302 Law for Economists/3 credits  
ECON 313 Public Economics/3 credits  
ECON 314 Environmental and Resource Economics/3 credits  
ECON 319   International Economics/3 credits  
Electives 9 credits (at the 300 or 400 level)
COMM 101 Fundamentals of Public Speech/3 credits  
POSC 370 Public Administration/3 credits  

Select One of the following: 

POSC 255 Introduction to Comparative Politics/ 3 credits
POSC 343 American Foreign Policy/3 credits  
POSC 441 International Relations/3 credits  

Select One of the following 

SOCL 301 Issues in Criminal Justice/3 credits  
SOCL 350 Power and Priviledge: Social Stratification/3 credits  
SOCL 360 Urban Sociology/3 credits  
SOCL 375   Criminology/3 credits  
SOCL 376 Sociology of Law/3 credits  

 No concentration – 15 credits
 Electives/15 credits (at the 300 or 400 level)    

E.          Electives:

      Business Economics concentration: 21 or 22 credits.  No more than 24 credits can be taken in Business (ACCT, MANG, MARK, FINA, CIMS). There is no limit to how many of these credits can be taken as ECON.
Public Policy Concentration:  15 or 16.
No Concentration:  33 or 34 credits.  No more than 15 credits can be taken in Business (ACCT, MANG, MARK, FINA, CIMS). There is no limit to how many of these credits can be taken as ECON.
 

F.          Total Credits Required for a B.S. in Economics - 120  

ECONOMICS MAJOR, B.A. DEGREE
International Economics Concentration 

A.      General Education Core Requirements 33 credits
    See General Education Requirements  

B.       Additional Degree Requirements 9 credits
    See Additional Degree Requirements  

C. Major Requirements 64 or 65 credits

ECON 217

Principles of Economics (Micro Emphasis)/3 credits 

ECON 218

Principles of Economics (Macro Emphasis)/3 credits 

ECON 309

Managerial Economics/3 credits 

ECON 310

Comparative Economic Systems/3 credits 

ECON 317

Intermediate Microeconomics/3 credits 

ECON 318

Intermediate Macroeconomics/3 credits 

ECON 319

International Economics/3 credits 

ECON 414

Econometrics and Forecasting/3 credits 

ECON 461

Senior Seminar/3 credits 

ECON 492

Internship:  Economics/1 credit

(Additional credits of ECON 492 may be taken as general electives, but may not be used as ECON electives.  The total credits in ECON 492 cannot exceed 6 hours.) 
Electives/9 credits (at the 300 or 400 level)

CIMS 170

Computer Applications/3 credits

MANG 275

Business Statistics/3 credits 

MATH 164

Precalculus/3 credits  

or MATH 267

Applications of Calculus/4 credits

International Studies Minor/18 credits

D.     General Electives 13 or 14 credits 

E. Total Credits Required for B.A. in Economics with Concentration in International  Economics - 120

MINOR IN ECONOMICS
The School of Business and Economics offers a minor in Economics. Students must complete the following requirements:  

Economics - 21 credits
ECON 217      Principles of Economics (Micro Emphasis)/3 credits
ECON 218      Principles of Economics (Macro Emphasis)/3 credits
ECON 317      Intermediate Microeconomics/3 credits
or ECON 318      Intermediate Macroeconomics/3 credits
Economics electives/12 credits (at the 300 or 400 level)  (ECON 492 may not be used as an Economics elective)

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