2025-2026 Undergraduate Academic Catalogue 
    
    Jun 28, 2025  
2025-2026 Undergraduate Academic Catalogue

Economics - Business and Management


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Faculty

Office: Sellinger Hall, Room 318
Telephone: 410‑617‑2357
Website: www.loyola.edu/sellinger

Chair: Kerria M. Tan, Professor

Professors: John D. Burger; Frederick W. Derrick (emeritus); Fabio Mendez; John C. Larson (emeritus); Andrew Samuel; Jeremy Schwartz; Charles E. Scott (emeritus); Norman H. Sedgley; Kerria M. Tan; Stephen J. K. Walters (emeritus)
Associate Professors: Arleigh T. Bell, Jr. (emeritus); Francis G. Hilton, (emeritus); Nune Hovhannisyan; John M. Jordan (emeritus); Nancy A. Williams (emerita)
Assistant Professors: Kadidiatou Doucoure; John P. Dougherty
Executive in Residence: Sean P. Keehan
Teaching Professor: Lynne C. Elkes
Assistant Teaching Professors: Billur Cohen; Thomas Lyons
Affiliate Faculty: Emmanuel Asguet; Taylor Davis; Matthew Fischer; Georgi Gabrielyan

Economics is a social science that studies choices made by consumers, owners of physical resources, workers, entrepreneurs, corporations, nonprofit institutions, voters, politicians, and bureaucrats. The economic way of thinking is a powerful tool that illuminates real-world problems and processes. It provides consumers and those in business, government, and nonprofits with ways to wisely use scarce resources.

The department has an active student-run club, the Adam Smith Society, which sponsors speakers and social activities for students, faculty, and alumni. Outstanding students are eligible for selection to Omicron Delta Epsilon, the international economics honor society as well as the department's student summer research fellowship which provides opportunities to engage in research with faculty mentors. 

The department offers two majors: A Bachelor of Arts (B.A.) in Economics through Loyola College and a Bachelor of Business Administration in Business Economics (B.B.A. - Business Economics) through the Sellinger School. A quantitative economics concentration is available to both B.A. and B.B.A. majors

Learning Aims

  • Students will demonstrate knowledge of the major concepts, analytical and mathematical tools, and empirical findings in microeconomic and macroeconomic theory.
  • Students will understand and apply basic research methods in economics, including data analysis and be able to effectively communicate and report that analysis.
  • Students will demonstrate the ability to apply analytical and mathematical tools and research methods to a range of economic and social problems and issues.

Programs

    MajorMinor

    Courses

      Economics/Business Economics

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