Catalog Table of Contents

 
Economics


Full-Time Faculty: George M. Palumbo, Chair, Donald I. Bosshardt, Joseph G. Eisenhauer, Daniel C. Falkowski, Patricia A. Hutton, Larry Lichtenstein, Philip Pfaff, Ronald R. Reiber, Craig Rogers, Richard A. Wall, F. Scott Wilson, Mark P. Zaporowski.

The Economics Department provides foundation courses designed to help all Canisius students understand the national and global economy. The major provides preparation for entry-level and advanced positions in a variety of career choices through its broad based study of economic activity. Potential career choices include sales, marketing, production, finance, and banking.

Opportunities also exist at various levels of government such as municipalities, local development authorities, the Federal Reserve, the Department of Labor, and the Department of Commerce. All these employers value the critical thinking and analysis skills fostered in an Economics curriculum. The Economics program has also proven to be an excellent preparation for graduate schools. Some students choose to continue the study of Economics in Ph.D. and masters programs. Other students use the strong analytical foundations of their Economics training to pursue advanced degrees in business, health, public administration, or law.

Economics (B.A.) Curriculum:

1. ENG 101, ENG 102, PHI 101, RST 101 (4 courses) (12)    
2. Area Studies: Two courses from each of these areas: I, III, IV, V, VI, VIII1 (12 courses) (36)    
3. Major course requirements        
Mathematics elective: one Area VII mathematics course (MAT 111 or MAT 115, plus MAT 112 or MAT 116 as an elective, is recommended for anyone considering graduate school
(12 courses) (3-4)    
ECO 1012 Principles of Macroeconomics (3)    
ECO 1022 Principles of Microeconomics (3)    
ECO 205 Intermediate Microeconomic Analysis (3)    
ECO 206 Intermediate Macroeconomic Analysis (3)    
ECO 255 Business Statistics I (3)    
ECO 256 Business Statistics II (3)    
  Economics electives: five courses at the 300 or 400 level (15)    
4. Electives: Accounting and additional mathematics are strongly recommended for graduate school and the business world. (12 courses) (36)    
Total (40 courses) (120-121)    

Recommended Schedule:

Fall   Spring  
Freshman Year      
ENG 101 3 ENG 102 3
ECO 101 3 ECO 102 3
AS 3 Mathematics elective 3 or 4
Elective 3 AS 3
Elective 3 Elective 3
Total 15 Total 15 or 16
Sophomore Year      
RST 101 3 PHI 101 3
ECO 205 3 ECO 206 3
ECO 255 3 ECO 256 3
AS 3 AS 3
Elective 3 Elective 3
Total 15 Total 15
Junior Year      
ECO elective 3 ECO elective 3
AS 3 AS (PHI 300  
AS 3 recommended) 3
Elective 3 AS 3
Elective 3 AS 3
Total 15 Elective 3
    Total 15
Senior Year      
ECO elective 3 ECO elective 3
ECO elective 3 AS 3
AS 3 AS 3
Elective 3 Elective 3
Elective 3 Elective 3
Total 15 Total 15
    Total 120-121

Other Programs

Economics majors may also obtain a concentration in Finance by using Economics electives to take three to five of the following courses: FIN 301, FIN 312, FIN 313, FIN 314, FIN 330, FIN 410, FIN 411, FIN 455, FIN 460. This specialization is appropriate for students who wish to make a career in banking or finance. These students should also use free electives to acquire some training in accounting.

The Economics-Mathematics dual major is strongly recommended for the student who plans a career in the academic world in either finance or economics. Dual majors are also available with History, Urban Studies, International Relations, and other areas. Students interested in dual majors should consult with the chairs of both departments or programs.

Economics Minor:

ECO 101 Principles of Macroeconomics (3)
ECO 102 Principles of Microeconomics (3)
ECO 255 Business Statistics I (3)
Economics elective: four courses at the 200, 300, or 400 level (12)
Total   (21)

COURSES: 2001-2003

The full list of Economics courses, including descriptions, may be found here.


1 Area II is automatically fulfilled because this program is in the Social Sciences. Area VIII is fulfilled
by the Mathematics requirement.

2 Honors section recommended.


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