John B. Goddard School of Business and Economics 347 Department of Economics Department Chair: Doris Geide-Stevenson Location: Wattis Business Building, Room 226 Telephone: Department Secretary, Elaine Thomas 801-626- 6066 Professors: Dan Fuller, Therese Cavlovic Grijalva, Doris Geide-Stevenson, John Mbaku, Clifford No well; Associate Professor: Mary Wrenn (on leave); Assistant Professors: Nazneen Ahmad, Brandon Koford, John Stone; Visiting Professor: Gregory Parkhurst The Department of Economics offers two different degree programs. The career field selected will determine the educational goals a student must set and will be an important element in deciding which of the many avenues towards a bachelor's degree available in economics is best suited for you. Economics provides general analysis of decision making where resource constraints are present. Within the area of business, the fields of economics and finance are perhaps the most rigorous in terms of the use and application of mathematical and statistical reasoning. Students with a bachelor's degree in Business Economics are generally prepared to take entry level jobs in any area of business, but are particularly prepared for jobs that call for data analysis, pricing, purchasing, and report writing. Business economists are often employed in private business firms in the financial, retailing, and industrial sectors. A complete career guide is available from the department chairperson. A degree in Business Economics is also regarded by graduate business schools as excellent preparation for advanced work toward an MBA, as well as advanced degrees in other business related disciplines such as human resource management, public administration, finance, and international business. Students seeking an advanced degree in economics, law, other social and behavioral sciences, urban and regional planning, actuarial science, etc., should also investigate the General Economics Major. Center for Economic Education The Department has established a Center for Economic Education. Its basic function is to help educators in secondary and elementary schools improve their understanding and knowledge of economics. This will assist them in providing their students with the fundamental economic tools needed to evaluate complex national and international events that are a part of their daily existence. Economics, Business (BS) • Program Prerequisites: Most business and economics courses with numbers above 3000 require formal admission to the John B. Goddard School of Business & Economics and completion of ACTG 2010, ECON 2010, ECON 2020,1ST 2010, and QUAN 2600. These five courses are referred to collectively as "Business Foundations." (Refer to the John B. Goddard School of Business & Economics Requirements.) • Minor: None required. • Grade Requirements: Candidates for the bachelor of science degree must complete all prerequisite and required business and economics courses with a grade of "C-" or higher. In addition, the cumulative Business Foundations GPA, the overall business and economics GPA, and the overall university GPA must be 2.5 or higher. • Credit Hour Requirements: A total of 120 credit hours is required for graduation; 60-61 of these are John B. Goddard School of Business & Economics required courses and 24 are required within the major. Advisement Advisement is strongly encouraged for all GSBE majors and minors. See more information on available advising resources here. Admission Requirements Acceptance to the John B. Goddard School of Business & Economics is required for all business majors, minors, emphases and certificates. To be admitted, students must register for BSAD 2899 or ECON 2899 (for non-business Economics majors only). Students may obtain information regarding admissions from the GSBE Advising Center, WB 211, (801) 626-6534 and/or the Department of Economics, WB 226, (801) 626-6066. General Education Refer to Degree and General Education Requirements for the University Bachelor of Science requirements. ECON 1740 is recommended to fulfill the Senate Bill Requirement in American Institutions. MATH 1050 is a prerequisite for ECON 2010, QUAN 2400, and QUAN2600. Students seeking a major in Economics should plan to take the necessary mathematics courses as early as possible in their program of study. Major Course Requirements for BS Degree John B. Goddard School of Business & Economics Requirements • Liberal Support Curriculum (13 or 14) • Business Foundations (13) • BSAD 2899 Business Foundations and Admission Assessment (o) • Business Cross-Functional Core (19) • Business Functional Core (15) Business Courses Required (12 credit hours) • ECON 2899 - Economics Foundations and Admission Assessment Credits: (o) • ECON 4010 - Intermediate Microeconomic Theory Credits: (3) • ECON 4020 - Intermediate Macroeconomic Theory Credits: (3) • ECON 4980 - Research Methods Credits: (3) • 1ST 3110 - Information Technology for Business Credits: (3) Elective Courses (12 credit hours) Sel ec tfro m thefo llo wing • ECON 3090 - History of Economic Thought Credits: (3) • ECON 3110 - International Trade Credits: (3) Weber State University 2013-2014 Catalog