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ECONOMICS

David L. McKenna Hall
206-281-2970

Douglas A. Downing, Contact Person
206-281-2890

FACULTY:  µþ°ù³Ü³¦±ð B²¹°ì±ð°ù, ¶Ù±ð²Ô¾±²õ±ð D²¹²Ô¾±±ð±ô²õ, ´³´Ç²Ô D±ð³¾¾±²Ô²µ, ¶Ù´Ç³Ü²µ D´Ç·É²Ô¾±²Ô²µ, ´¡±ô E°ù¾±²õ³¾²¹²Ô, ³Õ¾±³¦°ì¾± E±¹±ð±ô²¹²Ô»å, ¸é²¹²Ô»å²â F°ù²¹²Ô³ú, ¶Ù²¹²Ô H±ð²õ²õ, ³Ò²¹°ù²â K²¹°ù²Ô²õ, µþ¾±±ô±ô K²¹³Ü±è±è¾±±ô²¹, ±á±ð°ù²ú K¾±±ð°ù³Ü±ô´Ú´Ú, ¸é²â²¹²Ô L²¹µþ°ù¾±±ð, ³Ò°ù²¹²Ô³Ù L±ð²¹°ù²Ô±ð»å, ¶Ù´Ç²Ô L±ð±ð, ³Ò±ð°ù¾± M²¹²õ´Ç²Ô, ´³´Ç²¹²Ô²Ô²¹ P´Ç³ú²Ô²¹²Ô²õ°ì²¹, ´³¾±³¾ R²¹²Ô»å, °­¾±³¾ S²¹·É±ð°ù²õ, ¸é±ð²µ¾±²Ô²¹ S³¦³ó±ô±ð±ð, ¸é²¹¾±²Ô±ð°ù S±ð¾±³Ù³ú, ³Ò±ð°ù³ó²¹°ù»å S³Ù±ð¾±²Ô°ì±ð, ¸é´Ç²õ²õ S³Ù±ð·É²¹°ù³Ù, Jeff Van Duzer, °­±ð²Ô³¾²¹²Ô W´Ç²Ô²µ

Economics Faculty: John Deming, Doug Downing

For a complete overview of degree requirements, visit the main page of School of Business and Economics in this Undergraduate Catalog.

Economics is the study of the allocation of scarce resources among competing uses. Many vital issues that affect human welfare are studied in the Economics major at SPU, with emphasis on a Christian perspective on society’s decisions about how to organize the production and distribution of goods and services.

The Economics major presents the study of economics as one of the social sciences. All students will complete classes within the Economics general core. The program is structured to provide the widest latitude for the student to select elective courses that will develop the student’s economic interests, and students may choose a concentration option within the economics major.

Requirements for the Major in Economics
70 credits
Students desiring to major in Economics must following this application process. To be awarded a degree with a major in Economics, students must meet the major requirements in effect at the time of admittance to the major was made and have a minimum of 35 credit hours in the major at SPU.

For students who will seek employment immediately after graduation, an internship (ECN 4940) is recommended.

Concentration Options

Students wishing to pursue a disciplinary concentration must take at least 15 upper-division elective credits from courses in that discipline. Concentration options include:

• Development Economics
• Economic Policy
• Financial Economics
• International Economics

Graduate School Track

Students who plan to attend graduate school in Economics are encouraged to complete MAT 1236 Calculus III (requires prerequisites). Students completing this course may count it toward 5 credits of electives in the Economics major, and they may waive the requirement for GEO 1110, POL 1110, or POL 1120.

Additional Requirements

In addition to the curricular requirements for the major, students must also attend the New Majors Orientation, and fulfill both a writing and a computer competency requirement before graduation.

New Majors Orientation

Newly admitted students will be welcomed to the SBE community at an orientation evening held in early spring. The orientation will include information on the SBE mission and practical tips on succeeding in SBE majors. All newly admitted majors are required to attend this event.

Writing Competency Requirement
All SBE majors (i.e., Accounting, Business Administration, and Economics) must meet the writing competency requirement outlined below:

• SBE majors who fulfill the University writing competency requirement based on pre-college indicators, or who have earned a C (2.0) or better in a college-level composition course are not required to take ENG 2201 Intermediate College Writing, and have satisfied the SBE writing competency requirement.
• SBE majors who are required to take ENG 2201 Intermediate College Writing, must earn a grade of B (3.0) or better in ENG 2201 in order to satisfy the SBE writing competency requirement.
• SBE majors with a grade of B- (2.7) or below in ENG 2201 must complete BUS 2601 Business Writing Tutorial and earn a grade of B (3.0) or better.
• Transfer students who have not previously taken a college composition course must take the English Placement exam, and they must meet the same requirements outlined above.

Computer Competency Requirement
Demonstration of computer competency is required of all students graduating with an SBE major.  This is documented by passing CSC 1123, or by passing a competency exam covering the equivalent.

Requirements for the Minor in Economics
As a compliment to majors such as Political Science, or for those preparing for law school, the minor in Economics can be a valuable addition to the degree. These requirements also satisfy the requirements for a teaching endorsement in Economics.

The requirements for the minor in Economics include a 20-credit core of ECN 2101, ECN 2102, BUS 4899, and either ECN 3101 or ECN 3102, followed by 10 elective credits in ECN or other approved coursework. Formal application to the minor is required.

Students desiring to minor in Economics must apply to the minor and have a minimum cumulative GPA of at least 2.7 in a minimum of 45 quarter credits of coursework.

Need to know when a course is being offered? Check the 2012-13 Time Schedule.

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