Degrees/Majors

The Department of Economics offers the B.A. and the B.S. degrees in Economics.Students who complete 6 credits of foreign language are eligible for the Bachelor of Arts degree. Those who opt to replace those six credits with 6 credits of departmentally-approved substitutions are candidates for the Bachelor of Science degree. The Department also offers a Masters degree (M.A.) in Economics. To learn more about the M.A. program, please visit the Graduate Catalog.

In addition, the Department also offers a Minor in Economics. This is very well suited to the needs of the students majoring in Business, Engineering, Computer Science, Journalism, Sociology, Social Work, Political Science as well as   just about any other subjects.  Indeed, the courses we teach in other majors on campus can be easily connected to Economics. If you are done with Macroecon (ECON211) or Microecon (ECON212), you need only FOUR more courses, just an extra semester to complete the requirements. Of the four needed, two are somewhat higher levels of what you will already have seen in the other two in your Micro/Macro classes. This leaves only two to be chosen from as electives. While this entails  an extra semester,  a minor in Econ will improve your job  prospects  substantially. Remember that  most issues we  deal with in life are  related to some form of "ECONOMICS".

If you want to explore further, please feel free to meet and speak with the  Chair or any other faculty in the Department to discuss the option and the opportunities.

Students  declaring the Economics major after the Fall 2010 semester will have to satisfy the following requirements:

  • ACCT 201-202: Principles of Accounting I and II
  • Two Finance electives
  • MATH 114: Introduction to Mathematical Analysis II
  • MATH 201: Calculus for Non-Science Majors
  • ECON 211-212: Principles of Economics I and II
  • ECON 311-312: Principles and Methods of Statistics I and II
  • ECON 317: Intermediate Microeconomics
  • ECON 318: Intermediate Macroeconomics
  • ECON 413: Mathematical Economics
  • ECON 414: Econometrics
  • ECON 493: Business and Economic Research
  • Three ECON electives; 2 sequential semesters of the same foreign language or 6 credits of approved substitutions.

The minor in Economics is open to all Morgan students, regardless of their majors. The minor in Economics offers knowledge and skills to enhance employment opportunities for students from Business and Management as well as a wide variety of majors across the University. Within the minor, students can concentrate on the quantitative and policy dimensions of Economics as well as  in economic, political, and social aspects of the field. The minor complements a wide range of majors offered at Morgan.

Students that choose to minor in Economics must complete the following course requirements with a grade of "C" or better.   Students are required to successfully complete 18 credit hours including ECON 211/212. The minor also allows you to choose courses that are more oriented to policy or quantitative aspects of economics. Although MATH113 is NOT a prerequisite for minor, students would find the course helpful in dealing with the materials in relation to ECON 317 and ECON 318, and possibly other 300-400 level economics courses.

Course Description Credits:

  • ECON 211 Principles of Economics I (Macroeconomics)* 
  • ECON 212 Principles of Economics II (Microeconomics)*
  • ECON 317 Intermediate Microeconomics
  • ECON 318 Intermediate Macroeconomics
  • ECON XXX Approved 300 or 400 level Econ Electives**
  • ECON XXX Approved 300 or 400 level Econ Electives**

* If a student declares Economics as minor, they may not use ECON 211 and/or ECON 212 as part of the graduation as needed for the Social and Behavioral Sciences within the General Ed requirement.

**A student may choose any 300- or 400 level ECON courses to satisfy the elective requirement except ECON 311 (Principles and Methods of Probability and Statistics), and ECON 312 (Applied Methods in Probability and Statistics). In consultation and approval of the Department Chairperson, a student may gain approval to use a course from another department to satisfy this portion of the requirement. However, in no event may a student use a course offered by his/ her major department for credit toward the minor in Economics.

The area in which the student wants to specialize can vary ; accordingly, the electives can be tailored to suit a particular choice. Areas of specialization that can be supported include, but not limited to, the following: Public Policy and Economics, International Economics, Development Economics, Money and Banking, Quantitative Economics, Urban and Regional Economics,  Health Economics and other areas from Economics as may be offered in the future.