Majors in Economics & Management
A Major in Economics & Management requires a minimum of
eight units in economics & management, including:
Required courses:
-
E&M 101 - Introduction to Economics
-
E&M 102 - The Economy and Financial Markets
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E&M 211 - Financial Accounting
-
E&M 230 - Intermediate Microeconomics *
-
E&M 232 - Intermediate Macroeconomics *
-
and at least one course at the 300-level
* Please note that unless
approved by the department in advance, Economics 230 and 232 must be
taken at Albion College.
Required cognate areas:
-
Mathematics 125 or its equivalent as demonstrated by
proficiency or calculus.
-
One statistics course from Mathematics 210, 309, or Economics 235.
The eight units used to fulfill major requirements must
be taken for a numerical grade. It is recommended that all courses
taken in the department by majors be taken for a numerical grade except
those offered only on a credit/no credit basis. Normally, students
will enroll in Economics 101 in either the first or second semester and
Economics 211 in either the second or third semester. Economics
211 is not open to first semester freshmen. Economics 230 and 232
should be taken in the second year along with those courses fulfilling
the mathematics and statistics cognate requirements. It is
recommended that students planning a major in economics enroll in
Mathematics 125 or calculus during their first year.
In addition, it is recommended that individuals
interested in graduate study in business or management take Mathematics
141 and 143. Individuals contemplating graduate study in economics
should complete the mathematics/economics major.
Because of increased globalization of the U.S. economy,
all majors are encouraged to participate in approved off-campus study
programs. For a list of approved programs, consult with the
Off-Campus Programs Office.
Seniors may be required to participate in a senior
assessment exercise.
Mathematics/Economics Major:
The interdepartmental major in mathematics/economics is
intended for those students who wish to combine these two areas of study
but do not want to limit their course work in other liberal arts areas
by having to take all of the classes necessary for completion of the two
majors. Students interested in economics can learn the
mathematical approach to this discipline, while students interested in
mathematics will learn the importance of mathematics as a theoretical
and empirical tool for solving economic and business problems.
Students with this interdepartmental major will be well prepared to
enter a career in business consulting or to enroll in graduate programs
in economics, business, operations research or applied mathematics.
Required courses:
-
E&M 101 - Introduction to Economics -or- E&M 101H -
(Honors equivalent)
-
E&M 102 - The Economy and Financial Markets -or- E&M
102H - (Honors equivalent)
-
E&M 230H - Intermediate Microeconomics (Honors
equivalent)
-
E&M 232 - Intermediate Macroeconomics
-
E&M 379 - Econometrics
-
E&M 380 - Mathematical Economics
-
MATH 141 - Calculus of a Single Variable I
-
MATH 143 - Calculus of a Single Variable II
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MATH 236 - Linear Algebra
-
MATH 245 - Multivariate Calculus
-
MATH 309 - Mathematical Statistics
One course from the following:
Each department may waive one or more of its own courses for
students with advanced high school preparation. All courses for the
mathematics/economics major must be taken for a numerical grade.
Mathematics/economics majors are expected to attend all colloquia of the
Mathematics and Computer Science Department. This major is not intended to
lead to secondary teacher certification; however, a student may combine this
major with a certification major in mathematics. This major is not open to
those who have a major in mathematics or economics.
Minors in Economics and Management |
