2020-21 Catalogs
BS in Economics
The undergraduate program in economics provides practical preparation for a variety of careers as well as for graduate study in economics, business administration, public policy, and law. Economics is a social science and as such is best studied in the context of broader exposure to the liberal arts and sciences.
Economics is a marketable liberal arts degree. Liberal arts majors (social sciences and humanities) develop excellent writing and research skills, and increase a student's knowledge of the world. These majors also help students build a stronger and more informed sense of identity and values. Economics at USM also provides students with critical thinking and analytical (including statistical) skills.
The BS curriculum is recommended for students interested in a liberal arts economics education with greater stress on business and quantitative skills.
Program Requirements
BS in Economics (38 credits)
Major Requirements (16 credits)
ECO 101 Introduction to Macroeconomics
ECO 102 Introduction to Microeconomics
ECO 301 Intermediate Macroeconomics
ECO 302 Intermediate Microeconomics
ECO 304 Research Methods in Economics
ECO 400 Capstone (1 credit) to be taken in conjunction with an approved ECO 300-level elective
Other Requirements (7 credits)
ACC 110 Financial Accounting Information for Decision Making
MAT 210 Business Statistics
Major Electives (15 credits)
You must take at least five major elective courses; a minimum of three must be from the following ECO courses:
ECO 220 U.S. Economic and Labor History
ECO 305 Econometrics
ECO 310 Money and Banking
ECO 312 U.S. Economic Policy
ECO 315 Economic Development
ECO 316 Case Studies in International Development
ECO 319 Macroeconomics: Debt and Finance
ECO 321 Understanding Contemporary Capitalism
ECO 323 U.S. Labor and Employment Relations
ECO 326 Environmental Economics
ECO 327 Natural Resource Economics
ECO 333 Economics and Happiness
ECO 335 The Political Economy of Food
ECO 340 History of Economic Thought
ECO 350 Comparative Economic Systems
ECO 370 International Economics
ECO 399 Special Topics in Economics
ECO 450 Readings in Economics
ECO 490 Independent Readings and Research in Economics
You may select up to two (of the five required courses) from the following list:
BUS 275 Applied Business Analysis
BUS 335 International Business
BUS 340 Managing Organizational Behavior
BUS 361 International Marketing
BUS 365 Consumer Behavior
BUS 370 Management Science
BUS 385 Entrepreneurship and Venture Formation
FIN 320 Basic Financial Management
FIN 326 Financial Modeling
FIN 327 Investment Management
FIN 330 International Financial Management