Economics (B.S.)

Program Overview

This major fosters an appreciation of the importance of personal economic life as well as an understanding of the U.S. economic system and the global context within which it operates. The B.S. in Economics is intended for the student who wants to major in economics but also receive a broad background in business. The B.A. in Economics is designed for the student who wants to focus on economics, but do so within a liberal arts curriculum. Both majors offer broad preparation for any career choice while also providing a solid foundation for graduate studies in economics, law or business.

Program Learning Outcomes

Graduates from Messiah’s Economics 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. Apply foundational content related the Common Professional Component.
  5. Apply marketing concepts, strategies and tactics.
  6. Develop a comprehensive corporate financial analysis report.
  7. Articulate their awareness of their self-identity and vocational calling.
  8. Articulate the importance of Christian principles, ethics, personal and company values, and socially responsible business practices.

Major Requirements

Complete the following for your major:

ACCT 141Financial Accounting

3

ACCT 242Managerial Accounting

3

BUSA 102Opportunities in Business

1

BUSA 120Principles of Management

3

BUSA 356Decision Making Tools in Management

3

BUSA 381Business Law

3

BUSA 459Strategic Management

3

CIS 190Strategic Use of Information Technology

3

ECON 120Principles of Macroeconomics

3

ECON 220Principles of Microeconomics

3

ECON 301Intermediate Macroeconomics

3

ECON 302Intermediate Microeconomics

3

ECON 303Comparative Political Economy

3

FINA 305Financial Management

3

MRKT 130Marketing Principles

3

 

MATH 108Intuitive Calculus with Applications

3

OR

MATH 111Calculus I

4

 

STAT 281Applied Statistics for Management

3

ECON 303: Fulfills the writing-enriched requirement for the major.

Four of the following (12 credits total):

ECON 117Issues in Environmental Economics

3

 

ECON 307Money and Financial Markets

3

OR

FINA 307Money and Financial Markets

3

 

ECON 312Economic Development

3

ECON 315The Economics of Wages and Employment

3

IBUS 375International Business and World Economy

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 108 or MATH 111 )met/major
Laboratory Science3 or 4
Science, Technology & the World 3
Social Science (ECON 120)met/major
European History or United States History3
Literature3
Philosophy and Religion3
Arts3
First Semester of Language3
Second Semester of Language3
Third Semester of Language or Cross Cultural3
Non-Western Studies 2-3
Bible3
Christian Beliefs3
Wellness course1
Ethics, World Views or Pluralism3
QuEST requirements48-50
Major requirements61-62
Free electives14-11
Total credits 123