Economics Degree Requirements
Carthage offers a major and minor in economics. To earn a Bachelor of Arts in Economics from Carthage, students must complete the Carthage Core, Distribution Requirements, and the economics major requirements listed below.
Required Courses
Introductory Courses (4-8 credits):
- ECN 1010 Principles of Microeconomics (4 credits)
- ECN 1020 Principles of Macroeconomics (4 credits)
OR
- ECN 1030 Issues in Economics (4 credits)
Core Courses (20 credits):
- ECN 2510 Intermediate Microeconomics (4 credits)
- ECN 2520 Intermediate Macroeconomics (4 credits)
- ECN 3310 History of Economic Thought (4 credits)
- ECN 3340 Introduction to Econometrics (4 credits)
- ECN 4410 Senior Seminar in Economics (4 credits)
- ECN 4990 Senior Thesis Completion (0 credits)
Statistics Course (4 credits) – choose one:
- BUS/ECN 2340 Applied Statistics for Management and Economics (4 credits)
- MTH 1050 Elementary Statistics (4 credits)
- MTH 1055 Statistics for Social Justice (4 credits)
Choose Three or Four*
Choose 12 or 16 credits of electives in economics from courses 2500 or above.
* Students who have taken ECN 1010 and 1020 may meet this requirement by taking three elective courses; students who have taken only ECN 1030 are required to take four elective courses.
Economics majors are not required to, but may, obtain a concentration in any of the three areas of discipline by taking at least two of their required economics electives within the concentrations listed below and taking at least two complimentary, non-economics, courses within the concentration. Concentrations will be noted by the registrar and will be included in student transcripts.
The Public Policy Analysis concentration is designed for students who are interested in studying how public policy affects the economy, the intersection of government and business behavior, and how economic structures lead to disparate outcomes within society.
Elective Courses (Choose Two):
- ECN 3050 Environmental Economics (4 credits)
- ECN 3240 Economics of Government and Public Policy (4 credits)
- ECN 3250 Economics of Poverty and Income Inequality (4 credits)
- ECN 3260 Labor Economics (4 credits)
- ECN 3300 Law and Economics (4 credits)
Complementary Courses (Choose Two):
- ENV 1000 Introduction to Environmental Science (4 credits)
- HIS 2900 20th Century U.S. History (4 credits)
- POL 1040 Introduction to Public Policy (4 credits)
- POL 1500 American Government: National, State, and Local (4 credits)
- POL 1910 Law and Society (4 credits)
- POL 3260 Environmental Politics (4 credits)
- POL 3930 Environmental Law (4 credits)
- SOC 1010 Social Problems (4 credits)
- SOC 2530 Race and Racisms (4 credits)
- SOC 3025 Social Problems in the City (4 credits)
- SOC 3120 Crimes of the Powerful (4 credits)
- SWK 3100 Social Welfare Policy Analysis (4 credits)
The International Economics concentration is designed for students interested in studying the global economy, how goods and services flow across national boundaries, and the structure of economies in other areas of the world.
Elective Courses (Choose Two):
- ECN 3100 Political Economy of East Asia (4 credits)
- ECN 3290 International Finance (4 credits)
- ECN 200T 21st Century Political Economy (4 credits)
Complementary Courses (Choose Two):
- FRN 3080 French-Speaking World: Social, Political, and Economic Issues (4 credits)
- FRN 200T Exploring Francophone Societies (4 credits)
- HIS 1120 Issues in European History II (4 credits)
- HIS 1200 Issues in Asian History (4 credits)
- HIS 1410 Issues in South America: Dictatorship and Democracy (4 credits)
- HIS 2150 Modern Britain (4 credits)
- HIS 2250 20th Century Europe (4 credits)
- HIS 3050 History of Mexico (4 credits)
- HIS 3400 Modern China (4 credits)
- HIS 3410 Modern India (4 credits)
- HIS 3450 Modern Japan (4 credits)
- POL 1030 Introduction to Comparative Politics (4 credits)
- POL 1050 Introduction to International Relations (4 credits)
- POL 3330 Middle East Politics (4 credits)
- POL 3360 Latin American Politics (4 credits)
- POL/SOC 3450 Global Poverty (4 credits)
- POL 3600 International Security (4 credits)
- POL/SOC 3030 Women of Africa (4 credits)
- SPN 3080 Spanish-Speaking World: Social, Political, and Economic (4 credits)
The Financial Economics concentration is designed for students with an interest in finance but choose not to major in economics and finance. Students will study how the global financial system works, the role of central banking, and how firms and individuals make financial choices.
Elective Courses (Choose Two)
- ECN 3200 Money and Banking (4 credits)
- ECN 3290 International Finance (4 credits)
Complementary Courses (Choose Two)
- ACC 2010 Financial Accounting (4 credits)
- FIN 3110 Intermediate Financial Modeling with MS Excel (4 credits)
- FIN 3210 Corporate Finance (4 credits)
- GNR 675T Personal Finance (4 credits)
Required Courses
Introductory Courses (4-8 credits):
- ECN 1010 Principles of Microeconomics (4 credits)
- ECN 1020 Principles of Macroeconomics (4 credits)
OR
- ECN 1030 Issues in Economics (4 credits)
Intermediate Theory Courses* (4-8 credits):
- ECN 2510 Intermediate Microeconomics
- ECN 2520 Intermediate Macroeconomics
*Students who have taken ECN 1010 and 1020 may choose one of the intermediate-level courses; students who have taken only ECN 1030 are required to take both.
Statistics Course (4 credits) – choose one:
- BUS/ECN 2340 Applied Statistics for Management and Economics (4 credits)
- MTH 1050 Elementary Statistics (4 credits)
- MTH 1055 Statistics for Social Justice (4 credits)
Electives
Students must take two electives in economics from courses 2500 or above.
Please see department chair for details. Basic requirements are listed under All-College Programs in the catalog.
Current students: You should follow the official College Catalog from the year you entered Carthage and work with your advisors and the Economics Department chair to ensure all requirements are met.