B.A. in Economics

APU’s economics major teaches students to think critically and analytically, preparing them to address complex problems in a wide variety of settings.

Economists study how society creates and allocates value among its members, including the supply and demand decisions of individuals and firms, the market structure and competitive conditions of particular industries, and the effects of policy changes on business and social decisions. National economic growth, the structure of domestic and international economic systems, employment and wage conditions, and the availability of financial resources are also significant issues. Economics also examines how social and economic conditions are changing in the developing world, and how small- and large-scale efforts can improve the living conditions of people. At APU, students may choose from among a broad range of economics course offerings.

Career Opportunities

Economics teaches students to think critically and analytically and prepares them to address complex problems in a wide variety of settings. Graduates may work as business or policy analysts, or in such diverse fields as law, journalism, education, nongovernmental and mission organizations, and international affairs. Students interested in graduate study in economics will benefit from taking additional mathematics courses.

Economics Core

The core requirements of the economics major provide students with grounding in the primary areas of the discipline and an understanding of the basics of economic behavior. All students with an economics major must complete the common economics core in the table below.

Requirements

The economics major comprises 42 units. Students must attain a minimum C- grade in all courses required for the major, and an average GPA of 2.5 in all courses counted for the major (this includes the Economics Core).

Economics Core
ECON 250Principles of Macroeconomics 13
ECON 251Principles of Microeconomics3
ECON 350Intermediate Macroeconomics F3
ECON 351Intermediate Microeconomics S3
ECON 458Economics and Religion S3
MATH 130Introduction to Statistics 23
MATH 151Applied Calculus I3
Economics Electives
Select 7 of the following:21
Financial Markets and Institutions
Environmental Economics OF
Labor Economics EF
Economics of the Developing World ES
Urban and Regional Economics 3
Comparative Economics F
International Trade and Finance S
Econometrics S
Microfinance and Microenterprise OS
Industrial Organization and Regulation F
Theory and Practice of Public Administration
Public Administration Practicum 3, 4
Total Units42
F Offered in Fall only
S Offered in Spring only
F/S Offered in both Fall and Spring terms
EF Offered in Fall in even years
ES Offered in Spring in even years
OF Offered in Fall in odd years
OS Offered in Spring in odd years

Program Learning Outcomes

Students who successfully complete this program shall be able to:
  1. Competent Business Knowledge: Students will be able to demonstrate knowledge in multiple business disciplines, including management, finance, marketing, accounting and economics.
  2. Critical Thinking: Students will be able to identify and solve business problems using analytical and critical thinking skills.
  3. Christian Business Ethics: Students will be able to demonstrate the ability to evaluate business decisions based on a Christian perspective.
  4. Written Communication: Students will be able to convey ideas clearly through professional written communication.
  5. Oral Communication: Students will be able to express ideas effectively through professional oral presentations.
  6. Collaborative Teamwork: Students will be able to demonstrate the ability to function as an effective business team member.
  7. Comprehensive Global Awareness: Students will be able to identify cultural, economic and political aspects of business in a global environment.
  8. Discipline Knowledge: Students will be able to demonstrate knowledge of economics concepts.
  9. Discipline Problem Solving/Strategy: Students will be able a) solve core economics problems or b) analyze economics situations and provide strategy for effectiveness.