Economics Major (M)
Students study economic theory, micro and macro economics, comparative economic systems, international economics, and quantitative analytical methods. Graduates will utilize knowledge of production, conservation, and allocation of resources in conditions of scarcity to make informed decisions.
Data-driven decision making is critical for the economic success of the modern business. Through Concordia's courses, students learn how to use the tools of economic data analytics as a decision science.
Program Learning Outcomes
By fulfilling all of the course requirements for the Bachelor's of Science in Economics, students will be able to:
1. Understand and correctly use the basic terms and concepts of the economics profession, as applied in actual economic analysis.
2. Identify, describe, and analyze different market environments (i.e. free market, oligopoly, etc.).
3. Utilize graphs and quantitative analysis to describe market environments and the behavior of market participants.
4. Understand the basic factors that contributed to the origin of competing schools of macroeconomic thought and demonstrate basic knowledge concerning the competing and complementary presuppositions of the competing schools as well as the efficacy of their predictive capacities.
5. Evaluate and assess information from a variety of sources that indicate the status of particular macroeconomics.
6. Evaluate and assess the wisdom or folly of particular policy choices by macroeconomic policymakers and understand the mechanisms by which these choices intentionally or inadvertently impact particular macroeconomies.
Curriculum
| Code | Title | Hours |
|---|---|---|
| Core Requirements 1 | 45 | |
| Major Requirements | 54 | |
| Electives | 21 | |
Minor: Optional | ||
| Total Hours | 120 | |
- 1
For transfer students, please see the Advanced Transfer Core.
Major Requirements
| Code | Title | Hours |
|---|---|---|
| Required Core Courses | ||
| Business Statistics (counted in University Core) | ||
| Macroeconomics (counted in University Core) | ||
| Public Speaking (or COMM 201) | ||
or COMM 201 | Interpersonal Communication | |
| Core Business Requirements | ||
| ACCT 203 | Financial Accounting | 3 |
| ACCT 223 | Managerial Accounting | 3 |
| BUS 162 | Quantitative Business Essentials | 3 |
| BUS 210 | Business Law I | 3 |
| BUS 355 | Management Information Systems | 3 |
| BUS 399 | Business Internship | 3 |
| BUS 453 | Business Policy and Ethics (Business School Capstone) | 3 |
| ECON 231 | Microeconomics | 3 |
| FIN 300 | Principles of Finance | 3 |
| MGMT 130 | Management & Leadership | 3 |
| or MBA 544 | People-Focused Management | |
| MKTG 131 | Sales and Marketing | 3 |
| Required Major Courses | ||
| ECON 307 | History of Economic Thought | 3 |
| ECON 332 | An Econometric Survey | 3 |
| ECON 370 | International Economics | 3 |
| FIN 320 | Money and Banking | 3 |
| ECON 315 | Macroeconomic Crises in History | 3 |
| ECON 322 | Intermediate Macro Economics | 3 |
| ECON 331 | Intermediate Micro Economics | 3 |
| Total Hours | 54 | |