Decision Sciences

For information about this major, see the "Department of Management" section of this chapter.

Department of Economics

6th floor, Robinson College of Business Building
404/651-2626

James R. Alm, Chair

Course prefix: Econ

The Department of Economics is part of the Andrew Young School of Policy Studies. For economics faculty listing, see the Department of Economics heading in the "Andrew Young School of Policy Studies" chapter of this catalog.

Economics examines the material prosperity of countries and their citizens in an interdependent world of limited resources and technological change. In doing so, it studies how decisions are made by private businesses, governments, and households in producing, consuming, and distributing goods. In general, economics is concerned with how society can obtain the greatest output from its limited resources. Economics is also concerned with monetary arrangements and their impact upon purchasing power and economic performance.

Economic principles yield basic insights into the workings of the market system and the national and international environment within which business operates. These principles provide analysis that is fundamental to understanding the organization and decisions of the government, business, and financial sectors. Economics also develops criteria for assessing the performance of the market systems and of governments regarding their efficiency and their impact upon the well being of consumers and workers.

Recent graduates with majors in economics have accepted positions as financial analysts for a real-estate financing firm and a major bank and as general manager for a recording studio, as well as having been accepted to prominent graduate programs in law and economics.

Required Major Courses: Econ 3900, 3910, and five other 4000-level economics courses approved by a B.B.A. faculty adviser. Econ 3900 and 3910 provide theoretical background for 4000-level courses and should be taken as soon as possible.

Advisement for Major Courses: Economics majors must contact a B.B.A. faculty adviser in the department to discuss their selection of major courses and to file a program plan. A copy of this plan will be sent to the RCB Office of Academic Assistance to use in preparing evaluations of credit and graduation audits.

Business: Econ 4300, 4470, 4500, 4700, 4800, 4810, 4950, 4960.
Local, State, or Federal Government: Econ 4210, 4220, 4300, 4350, 4400, 4470, 4500, 4950.
Foreign Service or International Business: Econ 4500, 4600, 4700, 4800, 4810.
Pre-Law: Econ 4470, 4680, 4800, 4810, 4960.
Graduate Studies in Economics: Econ 4320, 4930, 4950.
Graduate Studies in Business: Econ 4470, 4500, 4700, 4810, 4930, 4950, 4960.
Graduate Studies in Human Resource Management: Econ 4470, 4950, 4960.
Graduate Studies in the Social Sciences: Econ 4080, 4350, 4390, 4600, 4680.

The Undergraduate Economics Club offers opportunities for students interested in economics, regardless of major, to explore economic issues and careers and to socialize with other students and faculty in an informal atmosphere. Recent activities include speakers from the government and business communities, faculty/student mixers, visits by corporate recruiters, short training courses in computers and methodology, paid participation in economic surveys and analyses, and even skydiving. Students meeting the eligibility criteria may also join the Omicron Delta Epsilon honor society, which is associated with the Undergraduate Economics Club. For information, contact the Department of Economics, 404/651-2626.



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