Economics

Learn more about the Bachelor of Business Administration in Economics.

Dr. Michael Bognanno, Department Chair
Ritter Annex 877
bognanno@temple.edu

Dr. Moritz Ritter, Director of Undergraduate Studies and Advisor
Ritter Annex 809
215-204-5029
moritz.ritter@temple.edu

https://liberalarts.temple.edu/academics/departments-and-programs/economics

Economics is the study of how we allocate resources among alternative uses to satisfy our wants. Virtually all of the public and personal issues which confront us today have an important economic component. For this reason, the economic way of thinking plays a valuable role in helping us make sense of the complex world in which we live. In addition, the study of economics is excellent preparation for a wide range of careers. Economics majors with bachelor's degrees are well prepared to be managers in both the public and private sectors. Training in economics also provides a solid basis for professional study in law, business, public administration, and the health sciences.

The Temple Economics Society (TES) is the student professional organization for economics majors and is open to all students interested in economics. For more information, please see the TES web site or attend one of the weekly meetings (Fridays at noon in Alter Hall 238). 

Economics majors may also become members of Omicron Delta Epsilon (ODE), the National Honor Society, if they meet the admissions requirements of the organization. For more information, please see the ODE web site or contact Dr. Dimitrios Diamantaras at dimitrios.diamantaras@temple.edu.

Minor

Students in the Fox School who wish to understand basic business foundations and how the impact of economics affects public and personal issues may want to minor in Economics. Courses cannot be used to meet minor requirements if already used to meet the requirements for a major or a different minor. The requirements must be completed prior to graduation.

Summary of Requirements

University Requirements

All new students are required to complete the university's General Education (GenEd) curriculum.

Note that students not continuously enrolled who have not been approved for a Leave of Absence or study elsewhere must follow University requirements current at the time of re-enrollment.

College Requirements

Students must meet College Graduation Requirements for the Bachelor of Business Administration including the requirements of the major listed below. Economics students must attain at least a 2.0 GPA in their major and 2.0 GPA overall in order to graduate.

Major Requirements

Students must follow the Major Requirements and College Requirements current at the time of declaration. Students not continuously enrolled who have not been approved for a Leave of Absence or study elsewhere must follow University, College, and Major requirements current at the time of re-enrollment.

Requirements of Economics Major

Required Courses
ECON 3501Intermediate Microeconomic Analysis3
or ECON 3701 Intermediate Microeconomic Analysis with Calculus
ECON 3502Intermediate Macroeconomic Analysis3
or ECON 3702 Intermediate Macroeconomic Analysis with Calculus
ECON 3503Introduction to Econometrics3
or ECON 3703 Econometric Theory
ECON 3598Economics Writing Seminar 13
Electives
Select two of the following:6
Introduction to Econometrics (if not taken to meet major requirement above)
Mathematical Economics
Energy, Ecology, and Economy
Health Economics
The Economics and Management of Privatization
Public Finance
Economics of State and Local Governments
The Economics of Education and Human Capital
Game Theory and Strategic Behavior
Economic Theory of Networks
Urban Economics
History of Economic Theory
Economic History of the United States
Public Control of Business: Antitrust
Economics of American Industry
Comparative Economic Systems
Managerial Economics
The Economics of Sports
Law and Economics
Computer-Based Modeling
Economics of Labor Markets
Women in the Economy
Economics of Development and Growth
Behavioral Economics 2
International Trade (highly recommended)
International Monetary Economics (highly recommended)
Money and Banking
Owl Fund Seminar I
Special Topics
Independent Study
Owl Fund Seminar II
Independent Study
Economic Inequality
Econometric Theory (if not taken to meet major requirement above)
Honors Topics in Economics
Economics of Risk, Uncertainty, and Information
Monetary Theory and Policy 3
Total Credit Hours18

ECON 3408, ECON 3581, ECON 3696, ECON 3999, and ECON 4999 cannot be used to fulfill an Elective for the Economics major. These courses as well as other courses in Economics not included above can be taken as free electives for the degree.

Suggested Academic Plan

Bachelor of Business Administration in Economics

Requirements for New Students starting in the 2022-2023 Academic Year

Please note that this plan is suggested only, ensuring prerequisites are met.

 
Year 1
FallCredit Hours
STAT 1001Quantitative Methods for Business I3
ECON 1101Macroeconomic Principles3
HRM 1101Leadership and Organizational Management3
ENG 0802, 0812, or 0902Analytical Reading and Writing [GW]4
GenEd Breadth Course3
 Term Credit Hours16
Spring
STAT 1102Quantitative Methods for Business II4
ECON 1102Microeconomic Principles3
BA 1103Legal and Ethical Reasoning in Business3
IH 0851 or 0951Intellectual Heritage I: The Good Life [GY]3
GenEd Breadth Course3
 Term Credit Hours16
Year 2
Fall
ACCT 2103Financial and Managerial Accounting for Decision Making4
STAT 2103Statistical Business Analytics (waives GenEd Quantitative Literacy requirement)4
MIS 2101Digital Systems3
IH 0852 or 0952Intellectual Heritage II: The Common Good [GZ]3
GenEd Breadth Course3
 Term Credit Hours17
Spring
MKTG 2101Marketing Management3
BA 2101Professional Development Strategies1
BA 2196Business Communications [WI]3
Select one of the following:13
Turning Numbers into Knowledge: Visualizing Data 
Business Analytics: Modern Data Science Techniques 
RMI 2101Introduction to Risk Management3
GenEd Breadth Course3
 Term Credit Hours16
Year 3
Fall
FIN 3101Financial Management3
MSOM 3101Operations Management3
Select one of the following:3
Intermediate Microeconomic Analysis 
Intermediate Macroeconomic Analysis 
Business Elective23
GenEd Breadth Course3
 Term Credit Hours15
Spring
Select one of the following:3
Intermediate Macroeconomic Analysis 
Intermediate Microeconomic Analysis 
Business Elective23
GenEd Breadth Course3
GenEd Breadth Course3
Free Elective3
 Term Credit Hours15
Year 4
Fall
BA 4102Strategic Management3
ECON 3503 or 3703Introduction to Econometrics3
Select one ECON Elective from Requirements list3
Business Elective23
Free Elective3
 Term Credit Hours15
Spring
ECON 3598Economics Writing Seminar [WI]3
Select one ECON Elective from Requirements list3
Free Elective3
Free Elective3
Free Elective2
 Term Credit Hours14
 Total Credit Hours: 124