Managerial Economics, B.A.

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The Managerial Economics major focuses on the tools and techniques of financial and quantitative analysis essential to the modern manager. In addition to the standard intermediate economic theory courses, students must complete courses in managerial economics, financial analysis, accounting, computer science, mathematics, and an internship with a local organization.

Requirements for the Major in Managerial Economics:

ECO 101 - Introduction to Economics
ECO 241 - Microeconomic Analysis
ECO 242 - Macroeconomic Theory and Policy
ECO 243 - Introduction to Econometrics
ECO 334 - Introduction to Financial Analysis
ECO 390 - Economics Internships
ECO 445 - Managerial Economics
ECO 498 - Economics Senior Thesis 1
ECO 499 - Economics Senior Thesis 2
and two other courses in economics
ECO 364 - Business Analytics
or
CSC 103 - Taming Big Data: Introduction to Computer Science
(or other versions of Introduction to Computer Science with advisor’s consent)
ACC 100 - Survey of Accounting
or
ACC 604 - Financial and Managerial Accounting for Decision Making (offered through Clarkson)
MTH 101 - Calculus with Precalculus 2
or
MTH 110 - Calculus 1: Differential Calculus
or
MTH 113 - Accelerated Single-Variable Calculus

Additional Requirements

Majors should consider taking additional courses in computer science, especially CSC 151 . Majors are also encouraged to participate in a term abroad. Majors should normally complete the core sequence of ECO 241 , ECO 242 , and ECO 243 by the beginning of the junior year. Majors who have reached the junior year may not enroll in courses numbered below 240, except ECO 123 . Majors must have a minimum grade of C in each of the courses in the core sequence of ECO 241 , ECO 242 , and ECO 243 by the beginning of the senior year before taking ECO 498 -ECO 499 . Students receiving a grade lower than C in any of the core sequence of ECO 241 , ECO 242 , and ECO 243 may repeat the core course only once.

Requirements for Honors in Economics:

Departmental honors require that a student enroll in and successfully complete the Honors Program. The eligibility requirements for the honors program in economics are, in additional to the college-wide requirements, (1) a minimum grade average of 3.3 in Economics 241, 242, and 243, (2) nomination for honors at the end of the first term of thesis work by the advisor and first-term oral examiner, (3) presentation in the honors poster session in the second term of thesis work, (4) a minimum grade of “A minus” on the senior thesis; and (5) a presentation in the Steinmetz Symposium in the Spring term.

Course Selection Guidelines

Course Sequence: Students intending to major in economics should take ECO 101 in the first year, and complete MTH 101 or MTH 110 in the first year if possible, early in the sophomore year if not. They should also take one or more 200-level electives in the first or second year, since these courses are not open to junior and senior majors. In the sophomore year they should take the core ECO 241 ,ECO 242 ,ECO 243 sequence; the sequence need not be taken in numerical order but ECO 243 should normally not be taken first. Majors should complete several 300-level elective courses as juniors prior to enrolling in senior thesis, including where possible courses in the area of economics in which the thesis will be written; interdepartmental majors should complete at least one such course in the junior year, and preferably more.

Placement: The economics department gives credit for ECO 101 to students receiving a score of 5, 6, or 7 on the Higher Level International Baccalaureate exam, a grade of A or B on the economics A-levels, and a score of 4 or 5 on both the AP Microeconomics and Macroeconomics exam, but does not give credit for ECO 101 to students who have taken only one of the two AP exams, regardless of the score received.

Prerequisites: ECO 101 is a prerequisite for all courses in the department, unless otherwise indicated.