Economic Development (B.A.) with Public Policy Concentration

Program Overview

This major is for students who want to make a difference in the world through a discipline with an applied focus. Economic Development is a field within the discipline of economics that focuses on bringing economic growth and a higher quality of life at both the community level as well as the macro society level. Students with a major in Economic Development will have the analytical and quantitative tools and foundation necessary for careers in microfinance, impact investing, project management, program planning and budgeting, business development, or policy creation.

Program Learning Outcomes

Graduates from Messiah’s Economic Development program can:

  1. Demonstrate mastery of knowledge in:
    1. Market capitalism and how it compares to other economic systems
    2. The function of the market system, including variations on market structure, cost analysis, the derivation of the supply and the demand curve
    3. Macroeconomic stabilization policy
    4. Neoclassical vs. Keynesian approaches to economic policy
  2. Analyze and use economic data
  3. Use quantitative tools in business decision-making
  4. Recognize and appreciate the many areas in which economists serve, i.e. the financial sector, government policy-making, and research
  5. Apply foundational content related the Common Professional Component.
  6. Apply marketing concepts, strategies and tactics.
  7. Develop a comprehensive corporate financial analysis report.
  8. Articulate their awareness of their self-identity and vocational calling.
  9. Articulate the importance of Christian principles, ethics, personal and company values, and socially responsible business practices.

Business concentration graduates can also apply principles related to project management, marketing, and financing to prepare a complete and fundable business plan.

Public Policy concentration graduates can also Explain the impact of global interactions and identify the significance of different cultural and political structures.

Sustainability Studies concentration graduates can also Explain foundational content, practices and philosophical and ethical assumptions of Sustainability.

Major Requirements

Complete the following for your major:

BUSA 120Principles of Management

3

ECON 117Issues in Environmental Economics

3

ECON 120Principles of Macroeconomics

3

ECON 220Principles of Microeconomics

3

ECON 260/IDCC 260Cross Cultural: Perspectives on Development

3

ECON 301Intermediate Macroeconomics

3

ECON 302Intermediate Microeconomics

3

ECON 312Economic Development

3

ECON 371Mobilizing Financial Resources for Development

3

ECON 260/IDCC 260: requires additional fee

ECON 312: Fulfills Writing enriched course requirement for major.

Three credits from the following:

ECON 303Comparative Political Economy

3

IBI 331Comparative Economic Systems

3

Three credits from the following:

IBI 350International Trade & Finance

3

IBUS 375International Business and World Economy

3

Three credits from the following:

MATH 107Applied Mathematics for Management

3

MATH 108Intuitive Calculus with Applications

3

Zero to three credits from the following:

ECON 393Field Experience in Development: Developing Country or Urban Development

0 - 3

INTE 391Internship

1-3

INTE 391: Students opting for IBI or a second IDCC 260 course register for ECON 393 for 0 credits, otherwise students take INTE 391 for 1-3 credits.

Three credits from the following:

STAT 269Introductory Statistics

3

STAT 281Applied Statistics for Management

3

Public Policy Concentration (18 credits)

POLI 212International Politics

3

POLI 213Comparative Politics

3

POLI 323Public Policy

3

SOCI 212Cultural Anthropology

3

Three credits from the following:

POLI 222Politics in Latin America

3

POLI 346Russia after Communism

3

POLI 370Topics in International Relations

3

Three credits from the following:1

POLI 315United States Foreign Policy

3

SOCI 381Topics in Non-Western Cultures

3

QuEST Requirements

Experiential Learning requirement 0
QuEST requirements Credits
First Year Seminar3
Oral Communication3
Created and Called for Community (W)3
Mathematical Sciences (MATH 107 or MATH 108)met/major
Laboratory Science 3 or 4
Science, Technology & the World 3
Social Science (ECON 120)met/major
European History or United States History 3
Literature3
Philosophy and Religion3
Arts3
First Semester of Language3
Second Semester of Language3
Third Semester of Language or Cross Cultural (ECON 260)met/major
Non-Western Studies (SOCI 212)met/major
Bible3
Christian Beliefs3
Wellness course1
Ethics, World Views or Pluralism 3
QuEST requirements43-44
Major requirements (inclusive of concentration)57-60
Free electives23-19
Total credits 123