Bachelor of Arts in Economics

The Bachelor of Arts degree in Economics entails the academic study of economic analysis with a strong foundation in the theory and application of economic principles. Within the context of a liberal arts education, the program provides a deeper knowledge of history, institutions and world economy, and prepares the student to think analytically and critically about moral and ethical issues that occur in the realm of economics.  The degree allows a wide range of theoretical and applied aspects which prepares for a career in research or for further study towards a graduate or professional degree. 

In addition to the UDM Core Curriculum requirement, the program consists of 33 credit hours in Economics with the remaining BA credit hours in other academic disciplines. A number of the requirements and elective Economics courses in the program are approved for Teacher's Certification by the State Board of Education.

The credit hours earned for the completion of the B.A. in Economics may not be counted toward the completion of the B.A. in Financial Economics, or for the minors in economics or financial economics. 

Learning Outcomes and Goals

Graduates of the program will:

1. Understand the tools, concepts, and models of contemporary economics

2. Be able to demonstrate the ability to relate and apply economic analysis to current economic issues and problems

3. Be familiar with relevant economic data sources and their usefulness in providing support for economic analysis

4. Be able to evaluate economic policy proposals, including differentiating between the normative and the positive aspects of those proposals

Career Options

The Economics major degree prepares the student for a career in industry, financial and non-profit institutions, or in various levels of government. The degree also helps students prepare for careers in the rapidly emerging international sector of the economy. A good number of economics majors also continue their studies in the legal profession. 

Course Delivery

To provide greater convenience and flexibility, courses will be available in diverse delivery options:

  • traditional day and evening in-classroom format
  • online courses

Admissions Requirements

Applicants must meet entrance requirements of the University of Detroit Mercy. Transfer students must have a minimum undergraduate GPA of 2.0 to be considered for possible admission.

Degree Requirements

To obtain an undergraduate degree, a degree candidate must successfully complete the University's Core Curriculum (18 courses outside of a student's major that are designed to ensure a well-rounded education) and all designated major program courses.

A minimum of 126 total credit hours is required for the B.A. degree. A minimum of 2.0 GPA must be maintained, although students should be aware that admission to graduate programs usually requires a minimum of 3.0 GPA for undergraduate course work.

Curriculum

Students majoring in Economics are required to complete the following courses for a total of 33 credits in addition to the UDM Core Curriculum.

For students entering Fall 2012 or later:

  • ECN 2950
    Microeconomic Principles 3 cr.
  • ECN 2960
    Macroeconomic Principles 3 cr. 
  • ECN 3050
    Money and the Financial System 3 cr.
  • ECN 3150
    Intermediate Microeconomics 3 cr.
  • ECN 3160
    Intermediate Macroeconomics 3 cr.

Electives  (18 credits)

Six additional economics courses are required to fulfill the major. The courses can be any 3000/4000 level economics courses including STA 2250 Statistics.

For students entering prior to Fall 2012: 

  • ECN 2950
    Microeconomic Principles 3 cr.
  • ECN 2960
    Macroeconomic Principles 3 cr. 
  • ECN 3050
    Money and the Financial System 3 cr.
  • ECN 3150
    Intermediate Microeconomics 3 cr.
  • ECN 3160
    Intermediate Macroeconomics 3cr.
  • STA 2250
    Statistics 3 cr.

Electives (15 credits)

Five additional economics courses are required to fulfill the major. The courses can be any 3000/4000 level economics courses.