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  

D.     General Electives 13 or 14 credits 

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)