B.A. in Economics
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.
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.
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.
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).
|ECON 250||Principles of Macroeconomics 1||3|
|ECON 251||Principles of Microeconomics||3|
|ECON 350||Intermediate Macroeconomics F||3|
|ECON 351||Intermediate Microeconomics S||3|
|ECON 458||Economics and Religion S||3|
|MATH 130||Introduction to Statistics 2||3|
|MATH 151||Applied Calculus I||3|
|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|
|Microfinance and Microenterprise OS|
|Industrial Organization and Regulation F|
|Theory and Practice of Public Administration|
|Public Administration Practicum 3, 4|
Meets the General Education Social Sciences requirement.
Meets the General Education Quantitative Literacy requirement.
Meets the General Education Civic Knowledge and Engagement requirement.
PADM 399 counts for 3 units of major elective credit and 3 units of nonmajor elective credit.
|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 OutcomesStudents who successfully complete this program shall be able to:
- Competent Business Knowledge: Students will be able to demonstrate knowledge in multiple business disciplines, including management, finance, marketing, accounting and economics.
- Critical Thinking: Students will be able to identify and solve business problems using analytical and critical thinking skills.
- Christian Business Ethics: Students will be able to demonstrate the ability to evaluate business decisions based on a Christian perspective.
- Written Communication: Students will be able to convey ideas clearly through professional written communication.
- Oral Communication: Students will be able to express ideas effectively through professional oral presentations.
- Collaborative Teamwork: Students will be able to demonstrate the ability to function as an effective business team member.
- Comprehensive Global Awareness: Students will be able to identify cultural, economic and political aspects of business in a global environment.
- Discipline Knowledge: Students will be able to demonstrate knowledge of economics concepts.
- Discipline Problem Solving/Strategy: Students will be able a) solve core economics problems or b) analyze economics situations and provide strategy for effectiveness.