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Academic Programs / Liberal Arts
Economics
www.cla.temple.edu/economics/
Michael Bognanno, Chair
Ritter Annex 873
215-204-1680
bognanno@temple.edu
William Holmes, Faculty Advisor
Ritter Annex 804
215-204-8175
william.holmes@temple.edu
Belinda Wilson, Administrator
Ritter Annex 821
215-204-0472
bwilson@temple.edu
B.A. Major Requirements
Minor Requirements
Mathematical Economics
Certificate in Political Economy
Management Career Certificate
The major in economics exposes a student to the economist's way of thinking about social problems and behavior. The major helps a student understand the economic aspect of current events and public policy and is good preparation for careers in law and business. The student honorary fraternity is Omicron Delta Epsilon. Along with the more general student organization, The Economics Society, it provides opportunities for students to network with other students and with practicing economists in learning more about economics and finding internships and employment opportunities. There is also a Cooperative Education option. Through this program, students may earn income while gaining valuable work experience which can enhance their job market prospects upon graduation. By completing an academic research project under the guidance of a faculty member, Co-op students may earn credit for Economics 3581.
Summary of Degree Requirements
1. University Requirements:
- Math 0701 (4sh) and/or English 0701 (4sh), if required by placement testing.
- All Temple students must take a minimum of two writing-intensive courses as part of the major. See below for a list of the specific courses required for your major.
- Students must complete requirements of the General Education (GenEd) Program. See the General Education section of the Undergraduate Bulletin for more details.
2. College of Liberal Arts Requirements:
- Completion of a minimum of 123 credits, including: 90 credits in CLA/CST courses, 45 credits of which must be at the upper level (numbered 2000-4999). For Social Science majors, 6 upper level credits must be taken in the Humanities Departments (English, French, German, Greek and Roman Classics, Hebrew, Italian, Japanese (only available at our Japan campus), Philosophy, Religion, Russian, and Spanish), Art History, or any department in the College of Science and Technology.
- A minimum GPA of 2.0, cumulatively, in CLA/CST coursework, and in the major.
- Only courses in which a student receives a grade of at least C- can satisfy GenEd, major, minor, or CLA Foreign Language and Global Studies requirements.
3. Foreign Language/Global Studies Requirements:
1) All students must complete the second level of a foreign language;
2) All students must complete at least one course from the GenEd World Society category; and
3) All students must complete one of the following options:
- Third level of a foreign language;
- Demonstrated proficiency in a foreign language;
- A second General Education World Society course;
- Study Abroad at an approved program; or
- Take one Global Studies course from the list on the CLA College Graduation Requirements page.
4. Major Requirements (37 s.h.)
- Specifically Required courses:
- Economics 1101 or 1901; 1102 or 1902; 3501; 3502; 3598 (capstone); and Statistics 2103
- International:
- Select one from Economics: 3563 or 3564
- Writing Electives:
- Select one from Economics: 3596, 3597, or 3696
- Major Electives:
- Select three courses in Economics at the 3000 level or higher (that do not overlap with any of the above)
- Select one additional course-- either a 3000 level Economics course or an additional CLA course numbered at 2000-4999 related to Economics. Consult your faculty advisor for more information. This requirement may not overlap with any other requirement.
5. General electives vary according to a student's individual program of study. Consult your academic advisor for more information.
B.A. Major Requirements
Subject Course # Course Title Hours Attribute Economics 1101
or 1901 Macroeconomic Principles
or Honors Macroeconomic Principles* 3
Economics 1102
or 1902 Microeconomic Principles
or Honors Microeconomics Principles* 3
Statistics 2103 Business Statistics 4
Economics 3501 Intermediate Microeconomic Analysis 3
Economics 3502 Intermediate Macroeconomic Analysis 3
Select one of the following options: 3
Economics
Economics
3563
3564 International Trade
or
International Monetary Economics
One writing-intensive elective in Economics (select from list below): 3
Economics
Economics
Economics 3596
3597
3696 Energy, Ecology, & Economy
or
Health Economics
or
Behavioral Economics WI
WI
WI
Capstone Economics 3598 Economics Writing Seminar (Capstone) 3 WI
Electives Economics 3000+ Three electives in Economics at the 3000 level or above. 9
One additional elective 2000+ Course in Economics at the 3000+ level or course in the College of
Liberal Arts at the 2000+ level related to the student’s program in Economics.** 3
Total 37 * These courses are prerequisites for most of the Economics 2000-3900 courses. Check specific course descriptions for details.
** This course is to be chosen in consultation with an Economics faculty advisor.
Note: Students preparing for graduate study in economics or in an economics-related area are strongly encouraged to take
Economics 3504:
Mathematical Economics, Economics 3503:
Introduction to Econometrics, and courses in calculus and linear
algebra in the Mathematics department.
All Temple students must take a minimum of two writing-intensive courses. The specific writing-intensive courses required for this major are listed above and are identified by "WI" in the Attribute column.
Minor Requirements
(For Liberal Arts and all other colleges allowing a minor in Economics)
Subject Course # Course Title Hours Attribute Economics 1101
or 1901 Macroeconomic Principles
or Honors Macroeconomic Principles 3
Economics 1102
or 1902 Microeconomic Principles
or Honors Microeconomic Principles 3
Economics 3501
3502 Intermediate Microeconomic Analysis
or
Intermediate Macroeconomic Analysis 3
Economics 3000+ Three electives in Economics at the 3000-level or above. If both 3501 and 3502
are taken, one counts as one of these electives. 9
Total 18
Mathematical Economics
In cooperation with the Department of Mathematics, the Department of Economics offers a special concentration leading to a B.A. degree in Mathematical Economics. The program and its requirements are described in full in the Intercollegial Programs section of this Bulletin.
Certificate in Political Economy
William Lynn Holmes, Department of Economics
215-204-8175
wholmes@temple.edu
Richard Deeg, Department of Political Science
215-204-7123
rdeeg@temple.edu
This is a joint program offered by the Department of Economics and the Department of Political Science leading to certificate of specialization in political economy.
Purpose
The purpose of the Political Economy program is to provide undergraduate students with the opportunity to study more intensely the relationship between the political and economic spheres of society. The program is based on the belief that a focused examination of this relationship provides us with a better understanding of several social phenomena. Chief among these is a better understanding of public policy choices and the policy making process, as well as a better understanding of how government actions affect the process of economic change and vice versa.
For these reasons the Political Science and Economics departments offer an interdisciplinary certificate in Political Economy. The program is open to all matriculated undergraduate students. Applicants need not be declared majors in either economics or political science. The Political Economy program provides an excellent preparation for graduate study in the social sciences and for the study of law.
Program Requirements
The program consists of two components: required core courses at the lower-division level and elective courses at the upper-division level.
Core Courses:
All students must take the following core courses:
- Economics 1101 or 1901: Macroeconomic Principles (3 s.h.)
- Economics 1102 or 1902: Microeconomic Principles (3 s.h.)
- Political Science 1101 or 1911: The American Political System (3 s.h.)
and one of the following:
- Political Science 1201 or 1921: Foreign Governments and Politics (3 s.h.)
or
- Political Science 1301 or 1931: International Politics (3 s.h.)
Elective Courses:
All students must successfully complete (grade of C- or better) four courses from the following list. Two of the four courses must be in economics, and two courses must be in political science. Students should select courses that correspond to their own substantive interests and are encouraged to take cognate areas (e.g., if you choose international politics courses, also choose international economics courses). Students should plan their schedules well in advance, since many courses are not offered each semester.
Select two from the following list for a total of 6 credits:
- Economics 3531: History of Economic Theory
- Economics 3547: Economics of Development and Growth
- Economics 3511: The Economics and Management of Privatization
- Economics 3512: Public Finance
- Economics 3513: Economics of State and Local Governments
- Economics 3563: International Trade
- Economics 3564: International Monetary Economics
- Economics 3506 (or 3596*): Energy, Ecology, and Economy
- Economics 3507 (or 3597*): Health Economics
- Economics 3545: Economics of Labor Markets
- Economics 3546: Women in the Economy
- Economics 3535: Public Control of Business: Antitrust
- Economics 3536: Economics of American Industry
and select two from the following list for a total of 6 credits:
- Political Science 3131 (or 3196*): Urban Politics and Problems
- Political Science 3134: The Politics of Inequality
- Political Science 2102: American State and Local Politics
- Political Science 2103: U.S. Public Policy Making
- Political Science 3151: Public Policy Analysis
- Political Science 3152: U.S. Environmental Policy
- Political Science 3155: Business and Public Policy
- Political Science 2201: Comparative Politics: Developing Nations
- Political Science 3252: East Asia and the United States
- Political Science 3296: Politics of Modern Capitalism
- Political Science 2321: Politics of the Global Economy
- Political Science 2441: Democracy, Capitalism, and Socialism
A "*" denotes that the courses in parentheses are Writing Intensive courses.
Management Career Certificate
William Holmes, Advisor
215-204-8175
william.holmes@temple.edu
Erwin Blackstone, Advisor
215-204-5027
erwin.blackstone@temple.edu
This certificate program is designed for students who intend to seek employment in the business or nonprofit sectors of the economy. It is designed to provide students with skills that complement those acquired through a traditional liberal arts education and to make the students more appealing to potential employers.
Requirements for the Management Career Certificate
Subject Course # Course Title Hours Attribute Economics 1001
1102/1902 Introduction to the Economy
or
Microeconomic Principles/Honors Microeconomic Principles 3
Accounting 2101 Financial Accounting 3
Human Resource Management 1101 Leadership & Organizational Management 3
Psychology
Marketing 2402
2101 Industrial & Organizational Psychology*
or
Marketing Management * 3
Statistics One course selected in consultation with the certificate advisor. 3
Approved Elective** - Select one: 3-4
Accounting 2102 Managerial Accounting
Economics 1101 Macroeconomic Principles
Economics 3536 Economics of American Industry
Economics 3541 The Economics of Sports
Marketing 2101 Marketing Management*
Human Resource Management 2501 Introduction to Human Resource Management
Computer & Information Sciences 1055 Computers & Applications
Geography & Urban Studies 2031 Economic Geography
Political Science 2321 Politics of the Global Economy
Political Science 3155 Business & Public Policy
Psychology 2402 Industrial & Organizational Psychology*
Sociology 3596 Sociology of Organizations WI
Total 18-19 * Students may not double count either Marketing 2101 or Psychology 2402 within this certificate program.
** An alternative elective or an internship or practicum may be approved to substitute for the elective.
Please see the certificate advisor prior to registration for written approval.
Suggested Semester-by-Semester Plan for the Economics Major
Freshman Year – 1st Semester
Subject Course # Course Title Hours Attribute English 0802, 0812 or 0902 Analytical Reading & Writing 4 GW
GenEd 08xx or 09xx Quantitative Literacy 4 GQ
Foreign Language 1001 Foreign Language (first level) 4
GenEd 08xx or 09xx Human Behavior 3 GB
Subtotal 15
Freshman Year – 2nd Semester
Subject Course # Course Title Hours Attribute IH 0851 or 0951 Mosaic: Humanities Seminar I 3 GY
Foreign Language 1002 Foreign Language (second level) 4
GenEd 08xx or 09xx Science & Technology I 3 GS
GenEd 08xx or 09xx U.S. Society 3 GU
Economics 1101 or 1901 Macroeconomic Principles 3
Subtotal 16
Sophomore Year – 1st Semester
Subject Course # Course Title Hours Attribute Foreign Language/
GenEd 0800+ Foreign Language (third level)
or
a GenEd World Society course
or
Internationally Focused Course From Approved List
3
GG
IH 0852 or 0952 Mosaic: Humanities Seminar II 3 GZ
GenEd 08xx or 09xx Science & Technology II 3 GS
GenEd 08xx or 09xx Diversity and Race 3 GD
Economics 1102 or 1902 Microeconomic Principles 3
Any 0800+ One Elective in Any School or College 2
Subtotal 17
Sophomore Year – 2nd Semester
Subject Course # Course Title Hours Attribute GenEd 08xx or 09xx Arts 3-4 GA
GenEd 08xx or 09xx World Society 3 GG
Economics 3501 Intermediate Microeconomic Analysis 3
CLA/CST 2000+ One 2000+ CLA/CST Course 3
CLA/CST 2000+ One 2000+ CLA/CST Course 3
Subtotal 15-16
Junior Year – 1st Semester
Subject Course # Course Title Hours Attribute CLA/CST 2000+ One 2000+ Humanities/CST Course 3
Economics 3502 Intermediate Macroeconomic Analysis 3
Statistics 2103 Business Statistics
4
Economics/
CLA 2000+ One 3000+ Economics Course
or
One 2000+ Approved CLA Elective 3
CLA/CST 0800+ Any CLA/CST Elective 3
Subtotal 16
Junior Year – 2nd Semester
Subject Course # Course Title Hours Attribute CLA/CST 2000+ One 2000+ Humanities/CST Course 3
Economics 3000+ One 3000+ Economics Elective 3
CLA/CST 2000+ One 2000+ CLA/CST Course
3
Economics 3563
or
3564 International Trade
or
International Monetary Economics 3
CLA/CST 0800+ Any CLA/CST Elective 3
Subtotal 15
Senior Year – 1st Semester
Subject Course # Course Title Hours Attribute Economics 3000+ One 3000+ Economics Elective 3
Economics 3596
or
3597
or
3696 Energy, Ecology, and Economy
or
Health Economics
or
Behavioral Economics 3 WI
WI
WI
CLA/CST 0800+ Any CLA/CST Elective 3
CLA/CST 0800+ Any CLA/CST Elective 3
CLA/CST 0800+ Any CLA/CST Elective 3
Subtotal 15
Senior Year – 2nd Semester
Subject Course # Course Title Hours Attribute Economics 3000+ One 3000+ Economics Elective 3
Economics 3598 Economics Writing Seminar (Capstone) 3 WI
CLA/CST 0800+ Any CLA/CST Elective 3
CLA/CST 0800+ Any CLA/CST Elective 3
Any 0800+ One Elective in Any School or College 3
Subtotal 15
Degree Total 123
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