Economics, General Concentration, BA

The Bachelor of Arts (BA) in Economics provides students with a versatile, powerful set of analytic tools for studying the social sciences. Students majoring in economics general concentration are required to take the following courses:

Requirements for the Major

EC 102 - Microeconomic Principles
EC 103 - Macroeconomic Principles
EC 220 - Business Statistics
EC 301 - Intermediate Macroeconomic Theory
EC 302 - Intermediate Microeconomic Theory
MA 151 - Applied Calculus or
MA 251 - Calculus I
Seven upper-level economics courses, four of which may be taken at the 300- or 400-level and three which must be taken at the 400-level. At the discretion of the department chair, certain courses offered by other departments may qualify toward the upper-level requirement.

Typical Program

An example of a typical program of courses for the concentration are as follows:

Freshman Year

Fall Term

Spring Term

EC 103 - Macroeconomic Principles *
HS 100 - Encountering the Past **
Language Core or
Elective
Natural Science Core
Elective

Sophomore Year

Fall Term

Spring Term

EC 301 - Intermediate Macroeconomic Theory */** or
EC 302 - Intermediate Microeconomic Theory
PL 201 - Foundations of Philosophy or
TH 201 - Theology Matters
EN 200-Level or HS 200-Level Course
Elective
Elective

Junior Year

Fall Term

Economics Elective*
PL 200-Level or TH 200-Level Course
Fine Arts Core
Elective
Elective

Spring Term

Economics Elective*
Economics Elective*
Elective
Elective
Elective

Senior Year

Fall Term

Ethics Core
Economics Elective*
Economics Elective*
Elective
Elective

Spring Term

Economics Elective*
Economics Elective*
Elective
Elective
Elective

Key:

* Required for major.
** Terms may be interchanged.

Notes:

EC 102 and EC 103 satisfy a social science core requirement.
Students who plan to spend all or part of junior year abroad must take EC 301 and/or EC 302 in the sophomore year. Students will not be allowed to take EC 301 or EC 302 abroad.
Applied Calculus (MA 151 ) or Calculus I (MA 251 ). Students who have taken calculus in high school or have a strong background are encouraged to take MA 251 . This provides students the option of taking additional mathematics courses and/or completing a mathematics minor
Candidates for the BA in Economics may substitute Introduction to Statistics (ST 210 ) for Business Statistics (EC 220 ). Note that both EC 220 and ST 210 count towards the third Math/Natural Science requirement in the Loyola Core.
Students must complete the diversity core requirement through a designated diversity core, major, or elective course (see Diversity Core Requirement under Curriculum and Policies).