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  Academic Programs / Business & Management

Economics

Dr. William Stull, Chair
Dr. William Holmes, Advisor
Office: Ritter Annex 804
215-204-8175
william.holmes@temple.edu

www.temple.edu/cla/economics/


Economics is the study of how we allocate resources among alternative uses to satisfy our wants. Virtually all of the public and personal issues which confront us today have an important economic component. For this reason, the economic way of thinking plays a valuable role in helping us make sense of the complex world in which we live. In addition, the study of economics is excellent preparation for a wide range of careers. Economics majors with bachelor's degrees are well prepared to be managers in both the public and private sectors. Training in economics also provides a solid basis for professional study in law, business, public administration, and the health sciences.


The Temple Economics Society is the student professional organization for economics majors and is open to all students interested in economics. Economics majors may also become members of Omicron Delta Epsilon (ODE), the National Honor Society, if they meet the admissions requirements of the organization. For more information, please contact Dr. William Holmes at william.holmes@temple.edu or phone 215-204-8175.

Summary of Requirements

University Requirements

All students are required to complete a set of university requirements: General Education (GenEd) or Core.

  • New freshmen starting in the 2009-2010 academic year are required to complete the GenEd curriculum.
  • New transfer students starting in the 2009-2010 academic year are required to complete the Core curriculum.

College Requirements

In addition to completing the economics courses required of all students in the Fox School of Business and Management (for freshmen: 1101 and 1102; for transfer students: 1101, 1102, and one upper-division course other than 3581), majors in economics must fulfill the additional requirements listed below as well as meet College Graduation Requirements. Students must attain at least a 2.0 GPA in their major and 2.0 GPA overall in order to graduate. Use the major GPA calculator at www.sbm.temple.edu/advising to calculate the GPA in the major.

Major Requirements for Freshmen

Suggested Sequence for Freshmen

Major Requirements for Transfers

Suggested Sequence for Transfers

Requirements of Economics Major - for freshmen only 

Department Course # Course Name Hours RCI
Economics 3501 Intermediate Microeconomic Analysis 3  
Economics 3502 Intermediate Macroeconomic Analysis 3  
Economics 3598^ Economics Writing Seminar 3 WI
         
Select one:     3  
Economics 3563 International Trade    
Economics 3564 International Monetary Economics    
         
Select three Economics electives at the 3500+ level or higher: 9  
Economics 3500+ Excluding Economics 3581 (Co-op Experience in Economics)    
Subtotal     21  
         
^ This major capstone is taken in the final semester and all prerequisites must be met.
NOTE: All economics majors are waived from the college requirement of International Business Administration 3101.

Suggested Sequence of Economics Major - for freshmen only

Please note that this sequence is suggested only, ensuring prerequisites are met. Students' academic sequences may differ based on individual academic plans.

Semester I - Fall
Department Course # Course Name Hours RCI
Statistics 1001 Pre-Calculus for Business 3  
Economics 1101 Macroeconomic Principles 3  
HR MGMT 1101 Organization & Management 3  
English 0802, 0812 or 0902 Analytical Reading & Writing 4 GW
GenEd 08xx or 09xx GenEd Breadth Course 3  
Subtotal     16  
 
Semester II - Spring
Department Course # Course Name Hours RCI
Statistics 1102 Calculus for Business 3  
Economics 1102 Microeconomic Principles 3  
LAW S.B.M. 1101 Legal Environment of Business 3  
IH 0851 or 0951 Mosaic: Humanities Seminar I 3 GY
GenEd 08xx or 09xx GenEd Breadth Course 3-4  
Subtotal     15-16  
 
Semester III - Fall
Department Course # Course Name Hours RCI
Statistics 2103 Business Statistics {waives GenEd GQ requirement} 4  
Accounting 2101 Financial Accounting 3  
MIS 2101 Information Systems in Organizations 3  
IH 0852 or 0952 Mosaic: Humanities Seminar II 3 GZ
GenEd 08xx or 09xx GenEd Breadth Course 3  
Subtotal     16  
 
Semester IV - Spring
Department Course # Course Name Hours RCI
Accounting 2102 Managerial Accounting 3  
Marketing 2101 Marketing Management 3  
BUS ADM 2101 Professional Development Strategies 1  
BUS ADM 2196 Business Communications 3 WI
RSK MGT 2101 Introduction to Risk Management 3  
GenEd 08xx or 09xx GenEd Breadth Course 3  
Subtotal     16  
 
Semester V - Fall
Department Course # Course Name Hours RCI
Finance 3101 Financial Management 3  
MSOM 3101 Operations Management 3  
GenEd 08xx or 09xx GenEd Breadth Course 3  
Economics 3501
 or
3502
Intermediate Microeconomic Analysis
    or
Intermediate Macroeconomic Analysis
3  
GenEd 08xx or 09xx GenEd Breadth Course 3  
Subtotal     15  
 
Semester VI - Spring
Department Course # Course Name Hours RCI
BUS ADM 3102 Business Society & Ethics 3  
BUS ADM 3103 Integrative Business Applications 3  
GenEd 08xx or 09xx GenEd Breadth Course 3  
Economics 3501
 or
3502
Intermediate Microeconomic Analysis
    or
Intermediate Macroeconomic Analysis
3  
Economics 3563
 or
3564
International Trade
    or
International Monetary Economics
3  
Subtotal     15  
 
Semester VII - Fall
Department Course # Course Name Hours RCI
BUS ADM 4196 Global Business Policies 3 WI
Economics 3500+ 3500 level elective, excluding 3581 3  
Economics 3500+ 3500 level elective, excluding 3581 3  
Free Elective     3  
Free Elective     3  
Subtotal     15  
 
Semester VIII - Spring
Department Course # Course Name Hours RCI
Economics 3598 Economics Writing Seminar 3 WI
Economics 3500+ 3500 level elective, excluding 3581 3  
Free Elective     3-4  
Free Elective     3  
Free Elective     3  
Subtotal     15-16  
         
Total credits for the B.B.A. in Economics (freshmen): 124  

Requirements of Economics Major - for transfer students only  

Department Course # Course Name Hours RCI
Economics 3501 Intermediate Microeconomic Analysis 3  
Economics 3502 Intermediate Macroeconomic Analysis 3  
         
Select one:     3  
Economics
Economics
Economics
3596
3597
3598
Energy, Ecology, & Economy
Health Economics
Economics Writing Seminar
  WI
WI
WI
         
Select two electives at the 3500+ level or above: 6  
Economics  3500+ Excluding Economics 3581 (Co-op Experience in Economics)    
         
Select one:     0-3  
Accounting
Economics*
3526
3544
Accounting Information Systems
Computer-Based Modeling
   
         
Select one International course: 0-3  
Economics
Economics
Finance
Finance
GSM
HR MGMT
Law S.B.M.
Marketing
3563**
3564**
3551
3552
3566
3565
3562
3553
International Trade
International Monetary Economics
International Financial Markets
International Financial Management
Global Strategic Management
International Human Resource Management
International Law
International Marketing
   
         
Economics*** 3500+ Any 3500+ level Economics courses, excluding Economics 3581.  3  
Business Electives**** 2500+ Select one to three from business departments 2500+ 3-9  
Subtotal       27  

*Accounting 3526 or Economics 3544 will fill the technology requirement for the Economics major. Economics 3544 will also fill one of the two electives in Economics.

**If Economics 3563 or 3564 is chosen to satisfy the International requirement, you will also have satisfied one of the 3500+ Economics elective requirements, and you will need to take an additional business elective.

***This course meets the Economics 3500+ requirement that is part of the Fox School of Business core.

****The number of business electives required depends on what courses are chosen to satisfy the technology and international areas.

Suggested Sequence of Economics Major - for transfer students only

Please note that this sequence is suggested only, ensuring prerequisites are met. Students' academic sequences may differ based on individual academic plans.

Semester I - Fall
Department Course # Course Name Hours RCI
CORE   TILT Tutorial 0  
English 0802, 0812 or 0902 Analytical Reading & Writing 4 CO/GW
Statistics 1001 Precalculus for Business 3 QA
LAW 0856 Law & American Society 3 AC/GU
C+IN SC 1055 Computers & Applications 4 SB
CORE   Core area 3 AR/IS/RS
Subtotal     17  
 
Semester II - Spring
IH 0851 or 0951 Mosaic: Humanities Seminar I 3 IA/GY
Statistics 1102 Calculus for Business 3 QB
Economics 1101 Macroeconomic Principles 3 IN
CORE   Core area 3 AR/IS/RS
CORE   Science & Technology A 4 SA
Subtotal     16  
 
Semester III - Fall
IH 0852 or 0952 Mosaic: Humanities Seminar II 3 IB/GZ
Economics 1102 Microeconomic Principles 3 IN
HR MGMT 1101 Organization & Management 3  
Statistics 2101 Statistical Methods & Concepts 3 QB
Accounting 2101 Financial Accounting 3  
Subtotal     15  
 
Semester IV - Spring
RSK MGT 2101 Introduction to Risk Management 3  
STOC 1111 Public Speaking 3  
Marketing 2101 Marketing Management 3  
Statistics 2102 Selected Statistical Applications 3  
Accounting 2102 Managerial Accounting 3  
Subtotal     15  
 
Semester V - Fall
Finance 3011 Introduction to Financial Markets 3  
BUS ADM 2101 Professional Development Strategies 1  
BUS ADM 3102 Business Society & Ethics 3  
CORE   Core area 3 AR/IS/RS
Economics 3501
 or
3502
Intermediate Microeconomic Analysis
    or
Intermediate Macroeconomic Analysis
3  
Business Elective   Business Elective 3  
Subtotal     16  
 
Semester VI - Spring
Finance 3101 Financial Management 3  
CORE   Core area 3 AR/IS/RS
Economics 3500+   3  
Economics 3501
 or
3502
Intermediate Microeconomic Analysis
    or
Intermediate Macroeconomic Analysis
3  
Select one of the following International courses: 3  
Economics
Economics
Finance
Finance
GSM
HR MGMT
Law S.B.M.
Marketing
3563**
3564**
3551
3552
3566
3565
3562
3553
International Trade
International Monetary Economics
International Financial Markets
International Financial Management
Global Strategic Management
International Human Resource Management
International Law
International Marketing
   
Subtotal     15  
 
Semester VII - Fall
MSOM 3101 Operations Management 3  
Free Elective     3  
Economics
 or
Accounting
3544
  or
3526
Computer-Based Modeling
    or
Accounting Information Systems
3  
Economics 3500+ Any 3500+ level Economics course, excluding 3581 3  
Economics 3500+ Any 3500+ level Economics course, excluding 3581 3  
Subtotal     15  
 
Semester VIII - Spring
BUS ADM 4196 Global Business Policies 3 WI
Economics 3596
 or
3597
  or
3598
Energy, Ecology and Economy
    or
Health Economics
    or
Economics Writing Seminar
3 WI
WI/Free elective   Choose a writing-intensive elective (xx96, xx97, xx98) if required 3 (WI)
Free elective     3  
Free elective     3  
Subtotal     15  
 
Total credits for the B.B.A. in Economics (transfer students): 123  

 


Minor

Students in any college who wish to understand basic business foundations and how the impact of economics affects public and personal issues may want to minor in Economics. Please see the requirements for this minor on the Business Minors & Certificates page.

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