B.B.A. in Economics
Economics majors are encouraged to enroll in Honors sections of ECON 2410 and ECON 2420. A major in Economics leading to the B.B.A. degree requires that the student complete the College of Business requirements, ECON 3210, ECON 3510, ECON 3520, and ECON 4440. In addition, the student must complete at least 15 additional upper-division hours in economics. This program incorporates a minor in Business Administration and requires 50 percent of the required major hours in residence at MTSU.
Concentrations
ECON 3210 The Financial System and the Economy. Three credits. Prerequisites: ECON 2410; junior standing. Basic introduction to the functions of financial institutions and markets in the conduct of domestic and international economic transactions. Within financial market context, focus on special role that money plays as an asset and a determinant of the price level, the cause of inflation and inflation's effects on interest rates and borrowing costs, and the influence of Federal Reserve actions (monetary policy) on money and interest rates.
ECON 3510 Intermediate Macroeconomic Theory. Three credits. Prerequisites: ECON 2410; junior standing. Analysis of national income, employment, and price levels. Monetary and fiscal policies; international economic relations.
ECON 3520 Intermediate Microeconomic Theory. Three credits. Prerequisites: ECON 2410 and 2420. The course serves as a second semester of microeconomic theory, following ECON 2420, Principles of Economics, Microeconomics. The intermediate topics examined include consumer choice, the labor supply model, the life cycle model, choice under uncertainty, production and supply, the cost of production, perfect competition, monopoly, monopolistic competition, oligopoly, game theory, and the human capital model.
ECON 4440 International Economics. Three credits. Prerequisites: ECON 2410, 2420; junior standing. Differences between domestic trade and international trade, foundations of international trade, economic effects of free trade and restricted trade; mechanisms of international payments and structure of balance of payments; history and contemporary issues of trade policies and world monetary systems.