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ECONOMICS.

B.S. Degree in Business Administration
(Economics Concentration)
Minor in Economics

Economics Concentration - Bachelor of Science in Business Administration (BS)

Zero in on the Economic concentration if you are good with math, attentive to details, can sift through data to draw effective business conclusions and can make predictions based on data. You will learn to research and gather data using software and spreadsheets, and develop key analytical skills that can be applied to a variety of industries, from corporations and government to healthcare and education. Courses offered in this concentration include Comparative Economic Systems, Money and Banking, Environmental Economics, and International Economics.


minor in economics

Catawba College offers two different minors in Economics.  One minor is for students pursuing one of the business degree programs offered in the Ketner School of Business, and the other Economics minor is for majors in non-business academic disciplines.


PROGRAM HIGHLIGHTS

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Economics majors in Catawba's Ketner School of Business have access to some of the best opportunities and resources available for scholarships, internships, study abroad, and undergraduate research

Catawba’s Economics degree program is accredited by the Accreditation Council of Business Schools and Programs (ACBSP) which means that the courses we teach, the way we teach them, and the resources we provide to students in Catawba’s Ketner School of Business adhere to business world best practices. It also means that our faculty are constantly assessing and improving their teaching styles and their curricula to stay in sync with the latest trends and cycles in business.


RELATED BACHELOR DEGREE PROGRAMS

Outcomes

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CAREERS FOR ECONOMICS MAJORS.

Our majors are employed as the following:

  • Advertising Manager
  • Human Resource Manager
  • CPA
  • Business Initiatives Consultant
  • Senior Auditor
  • Operations Officer
 
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GRADUATE SCHOOLS.

Graduate schools enrolling Catawba College Business majors:

    • UNC-Charlotte
    • N.C. State University
    • UNC-Chapel Hill

School of Business Facilities

Digital
Media 
Lab

Info Systems Lab
(KH 304)

CEED Lab
(Entrepreneurship and Experiential Development)

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PARTICIPATE.

Prepare for your foray into the business world by developing leadership skills through joining the Future Business Leaders of America - Phi Beta Lambda organization, the world’s largest collegiate business career student organization; the Business Honor Society; the American Marketing Association; the International Club; or Catawba’s own Student Managed Investment Fund.

Faculty

Dr. Eric R. Hake

Dr. Eric R. Hake is Professor of Economics and Interim Dean of the Ketner School of Business. He teaches Macroeconomics, Monetary Theory, and Economics History. He serves as secretary to The Association for Evolutionary Economics (AFEE), an international organization of economists and other social scientists devoted to analysis of economics as evolving, socially constructed and politically governed systems. AFEE publishes the Journal of Economic Issues (JEI).

Dr. James “Jamie” W. Slate

Dr. James “Jamie” W. Slate, Associate Professor of Economics, teaches Microeconomics, Business and Economics Statistics and Environmental Economics and has research interests in Firm Behavior and Business History.  When not teaching, he is a dedicated rocker who enjoys playing guitar and performing his original tunes at local venues in the Salisbury area.

Curriculum

Required Courses for Economics Concentration
Required Courses for Economics Concentration

ACC 1901, 1902 Principles of Accounting I,II

6

ECON 1901, 1902 Principles of Macroeconomics, Principles of Microeconomics

6

ECON 2101 Business and Economic Statistics                     
OR 
MGT 1902 Business Data Analytics

3

FIN 2535 Managerial Finance

3

IS 2501 Management Information Systems

3

MGT 2453 or 2454 Business Law I or II

3

MGT 2501 Principles of Management

3

MGT 2563 Operations Management

3

MGT 2566 Business Ethics

3

MGT 3990 Strategic Management

3

MGT 4401 Experiential Business Learning

3

MKT 2501 Principles of Marketing

3

ECONOMICS CONCENTRATION               
ECON 2401 Comparative Economic Systems               
ECON 2901 Money & Banking               
ECON 3401 Environmental Economics               
ECON 3901 International Economics 
Electives in Business at 2000 level or above

18

 

Total:

60

Required Courses for Minor
Required Courses for Minor

The minor in Economics is offered for majors in all disciplines. Approval should be obtained from both a major advisor and a Business School advisor.

For Business Administration Majors:

ECON 1901, 1902 Principles of Macroeconomics, Principles of Microeconomics

6

Four Electives chosen from: 
• ECON 2101 Business and Economic Statistics 
• ECON 2401 Comparative Economic Systems 
• ECON 2901 Money & Banking 
• ECON 3101 Intermediate Macroeconomics 
• ECON 3201 Intermediate Microeconomics 
• ECON 3401 Environmental Economics 
• ECON 3901 International Economics 
• ECON 4301 Independent Study in Economics

12

 

Total:

18


For Non-Business Majors:

ECON 1901, 1902 Principles of Macroeconomics, Principles of Microeconomics

6

Four Electives chosen from: 
• ECON 2101 Business and Economic Statistics 
• ECON 2401 Comparative Economic Systems 
• ECON 2901 Money & Banking 
• ECON 3101 Intermediate Macroeconomics 
• ECON 3201 Intermediate Microeconomics 
• ECON 3401 Environmental Economics 
• ECON 3901 International Economics 
• ECON 4301 Independent Study in Economics

12

 

Total:

18

Course Descriptions
Course Descriptions

1901 PRINCIPLES OF MACROECONOMICS  (3 hours)
A study in the foundations of economic analysis, national income accounting, economic growth, and the public sector, with emphasis on macroeconomics.

1902 PRINCIPLES OF MICROECONOMICS (3 hours)
A study of markets, the price systems and allocation of resources, distribution of income, international economy, and perspectives on economic change, with emphasis on microeconomics.

2000 TOPICS IN ECONOMICS (3 hours)
An investigaion of a selected topic of major importance in the field of economics.

2101 BUSINESS AND ECONOMIC STATISTICS (3 hours)
A study of statistical techniques in business and economics, including collection and presentation of business and economic data, measures of control tendencies, dispersion, index numbers, probability, sampling distributions and test of hypotheses. Prerequisite: completion of the Mathematics General Education Requirement (MATH 1132 is highly recommended).

2105 ECONOMIC DEVELOPMENT (3 hours)
A survey of third world regions and countries, their economic growth and development. (Offered only in Evening and Graduate Studies) Prerequisite: ECON 1903E.

2401 COMPARATIVE ECONOMICS SYSTEMS (3 hours)
A study of contemporary economic systems, including capitalism, socialism, and mixed economies. Theoretical foundations of capitalism and socialism are considered, as are actual institutions found in contemporary economies.

2901 MONEY & BANKING (3 hours)
A survey of the monetary and banking systems of the United States, to include problems of money and prices, organization and functioning of commercial banking and the Federal Reserve System, monetary standards, monetary policy, and credit control. Prerequisite: ECON 1901 & 1902.

3101 INTERMEDIATE MACROECONOMIC THEORY (3 hours)
A study of the theories of determination, fluctuation, and distribution of national income, with emphasis on employment, money supply, interest rates, price level, and public policy. Prerequisite: ECON 1901 & 1902.

3201 INTERMEDIATE MICROECONOMIC THEORY (3 hours)
Astudy of the theory of firms, to include choice and demand, production and supply, perfect and imperfect competition, and pricing the factors of production. Prerequisites: ECON 1901 & 1902.

3401 ENVIRONMENTAL ECONOMICS (3 hours)
An examination of decision-making approaches to environmental resources with emphasis placed on the welfare analysis technique utilized in economics. The topic is presented in light of the economic theories of public goods, market failures, externalities, and economic value. Cost-benefit analysis is incorporated into the study as are alternative methods for valuing environmental resources and human welfare. Prerequisite: ECON 1902.

3901 INTERNATIONAL ECONOMICS (3 hours)
A comprehensive analysis of the forces determining international trade, finance, and commercial policy. Prerequisite: ECON 1901 & 1902.

4101 SEMINAR IN ECONOMICS (1-3 hours)
A course designed to afford the student with a minor or a concentration in Economics an opportunity to study an area that is not fully covered in a standard economics course. This is a seminar-style course that requires independent reading, presentations, and open class discussion. Prerequisites: ECON 1901 & 1902 and permissions of Instructor.

4301 INDEPENDENT STUDY IN ECONOMICS (1-3 hours)
A self-directed study following a contractual plan initiated by the student and accepted by the staff. Prerequisites: ECON 1901 & 1902.