Economics, B.S.

An Economics degree provides students with a wide range of transferable skills to study choices and decisions made by individuals, businesses, and nations. It is a flexible choice for students seeking a rigorous, well-respected, and versatile major without specializing in a narrowly defined area too early. Popular career choices for economics students include: banking, finance, insurance, management, consulting, and government. An education in Economics also provides an excellent preparation for graduate studies in law, medicine, business, public administration, environmental studies, and economics.

This degree provides in-depth knowledge of business methods by offering students a range of business-related courses. It is offered with a great flexibility, as it does not require a set of business core courses. Students seeking the Bachelor of Science degree in Economics must complete a minimum of 120 credits including the following requirements:

Special offerings for each semester may be found in the Schedule of Classes.

Requirements for the major in Economics, B.S.

General Education requirements

In order to graduate on-schedule without taking additional courses, it is highly recommended that students meet with an Undergraduate Academic Adviser concerning the selection of all of their general education courses.

Each candidate for an Oakland University baccalaureate will need to satisfactorily complete approved courses in each of the following areas: Foundations, Explorations, and Integration. For details, refer to the General Education Requirements section of the catalog.

Required Cognate Courses

ACC 2000 - Financial Accounting (4)
ACC 2100 - Managerial and Cost Accounting I (4)
CSI 1200 - Introduction to Computing and Programming using Excel (4) or MIS 1000 - Business Problem Solving with Information Technology (3)
FIN 3220 - Managerial Finance I (3)
MTH 1221 - Linear Programming Elementary Functions (4) or MTH 1441 - Precalculus (4)*
MTH 1222 - Calculus for the Social Sciences (4) or MTH 1554 - Calculus I (4)*
QMM 2400 - Statistical Methods for Business I (3) or (STA 2220 or STA 2226 ) and QMM 2410 - Statistical Methods for Business II (3)
WRT 3082 - Business Writing (4)

* If a student places into and completes MTH 1222 or MTH 1554 with the required minimum grade, MTH 1221 or MTH 1441 or MTH 1331 are not required.

* If a student receives transfer credit for MTH 1222 or MTH 1554, MTH 1221 or MTH 1441 0r MTH 1331 are not required.

Economics required courses

ECN 2010 - Principles of Microeconomics (4) and ECN 2000 - Principles of Macroeconomics (4) or ECN 2020 - Principles of Global Macroeconomics (4)
ECN 3020 - Intermediate Macroeconomics (3)
ECN 3030 - Managerial Economics (3)
ECN 3040 - Consumer and Welfare Economics (3)
ECN 4050 - Econometrics (3)
ECN 4180 - Seminar in Economic Policy (3)

Complete ACHIEVE courses (0 credits)

SBC 1990 - ACHIEVE I (0)
SBC 2990 - ACHIEVE II (0)
ECN 3990 - ACHIEVE III - Business Economics (0)

Complete four Economics elective courses (ECN) at the 3000 level or above

ECN 4010 cannot count as an elective.
QMM 4520 can be substituted for an economics elective. No more than three credits in ECN 3800, ECN 4900, or ECN 4996 may be counted as economic electives.

Additional requirements

Students earning an additional major are permitted to do so in all areas except general management. No more than four credits of independent study (4996) courses may be used to meet the major elective requirement. Courses numbered 3800 and 4900 may be repeated for up to eight credits provided the topics are different.