Full-Time Faculty: George M. Palumbo, Chair; Donald I. Bosshardt, Nelson D. Civello (Executive Director, Golden Griffin Fund), Joseph G. Eisenhauer, Patricia A. Hutton, Larry Lichtenstein, Philip Pfaff, Ronald R. Reiber, Craig Rogers, Richard A. Shick, Richard A. Wall, F. Scott Wilson, Mark P. Zaporowski.
The Economics Department provides a foundation of 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, VIII (12 courses)1 | (36) | |
| 3. Major course requirements (12 courses) | ||
| Mathematics elective: one Area VII mathematics course (MAT 111 or MAT 115) plus MAT 112 as an elective, is recommended for anyone considering graduate school | (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 (5 courses) | (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 recommended) | 3 | |||
| AS | 3 | AS | 3 | |||
| Elective | 3 | AS | 3 | |||
| Elective | 3 | Elective | 3 | |||
| Total | 15 | 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 311, 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. Up to three mathematics courses beyond MAT 111 can be used as economics electives analysis should consider the courses identified in the special programs section of the catalog. 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: 2005 - 2007
The full list of economics courses, including descriptions, may be found in the Economics and Finance listing under the Richard J. Wehle School of Business.
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.Area II is automatically fulfilled because this program is in the Social Sciences.