Apr 19, 2024  
Loyola Marymount University Bulletin 2014-2015 
    
Loyola Marymount University Bulletin 2014-2015 [ARCHIVED CATALOG]

Economics, B.S.


The Bachelor of Science degree is suitable for students who 1) wish to continue to graduate school in economics or business (especially finance), 2) are particularly interested in statistics or forecasting, or 3) are interested in any of the careers mentioned for the B.A. degree but who desire a more quantitative preparation. The B.S. degree has the same requirements as the B.A. degree, except for two upper division economics course requirements. Specifically, the B.S. degree additionally requires Mathematics for Economics (ECON 530 ) and Econometrics (ECON 532 ).

Students who intend to earn the B.S. degree must submit a Change of Program form to the Office of the Registrar.

Major Requirements:


Students may pursue either a Bachelor of Arts (B.A.) or Bachelor of Science (B.S.) degree. The specific requirements of these degrees are explained below.

Economics majors are required to take one social science course from outside the major. The course may be a lower or upper level course in Geography, Political Science, Sociology, Urban Studies, or any course that satisfies the Understanding Human Behavior requirement of the University Core.

Lower Division Requirements:


These requirements are the same as for the B.A. Economics degree. Students pursuing the B.S. Economics degree, however, are strongly advised to follow Plan A for the mathematics requirements and to take additional mathematics courses beyond this sequence in consultation with their economics advisor.

Upper Division Requirements (24 semester hours):


Eight upper division economics courses. A grade of at least C- must be obtained in every upper division course in the major, and the average grade in upper division economics courses must be at least C (2.0). In addition to ECON 310 , ECON 320 , and ECON 410 , students are required to take ECON 530  and ECON 532 . Three additional upper division economics courses are required, of which at least two (6 semester hours) must be at the 400 or 500 level. No more than 30 semester hours of upper division economics may count toward the degree requirement of 120 hours. Upper division economics courses must be taken in the LMU Economics Department, except by prior permission of the Chairperson.

Business and Economics Double Major Requirements


Students with majors in business may also pursue a major in economics by fulfilling the requirements of the B.A. or B.S. track described above. With prior permission of the Department, double majors in Business and Economics may select two upper division Business Administration courses as part of their economics electives.

Assessment Tests


All Economics majors are required to take two tests of learning, one at the end of their freshman year, and another at the end of their senior year. These tests do not determine any grade, but they are required for graduation.

Test of Introductory Economics


During the Spring semester, all Economics majors who have taken ECON 105 , ECON 110 , or ECON 120  during that academic year are required to take a test of learning of introductory economics.

Comprehensive Test of Economics


All Economics majors who will have completed 100 hours or more by the end of the Spring semester are required to enroll in ECON 490 . This is a zero semester hour course, required for graduation, which includes a comprehensive test of economics, a senior exit interview, and possible additional Department evaluation.

Economics Model Four-Year Plan


The normal course load is 15 semester hours (5 classes). By following the model below, a student will complete all lower division core requirements by the end of the sophomore year as well as most major prerequisites. Note that core areas are suggested to provide a distribution of various disciplines every semester. Please be flexible implementing these suggestions, given your own interests and course availability. In four years, this plan meets all common graduation requirements.

Freshman Year


Fall Semester


Total: 15 semester hours

Spring Semester


Total: 15/16 semester hours

Sophomore Year


Fall Semester


Total: 15/16 semester hours

Spring Semester


  • University Core 3 semester hours
  • University Core 3 semester hours
  • Elective 3 semester hours
  • Elective 3 semester hours
  •  

  • Elective 3 semester hours or
  • 4 semester hours
Total: 15/16 semester hours

Junior Year


Fall Semester


Total: 15 semester hours

Spring Semester


Total: 15 semester hours

Senior Year


Fall Semester


  • ECON Upper Division 3 semester hours
  •  

  • ECON Upper Division 3 semester hours or
  • 3 semester hours (B.S.)
  •  

  • University Core 3 semester hours
  • Upper Division Elective 3 semester hours
  • Upper Division Elective 3 semester hours
Total: 15 semester hours

Spring Semester


Total: 15 semester hours

Note:


Students may take no more than ten upper division courses in Economics.