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.
|