The Department of Business at
Elizabethtown College offers a major as well as a minor in
economics. First, I will outline the classes that are
needed for each. Second, I will briefly outline some of the
opportunities available to you if you should decide to
study economics.
First, a major in economics at Elizabethtown College
requires Priniciples of Microeconomics (EC 101), Principles
of Macroeconomics (EC 102), Intermediate Microeconomics (EC
301), Intermediate Macroeconomics (EC 302), Introduction to
Mathematical Economics (EC 309), three elective courses in
economics, Introduction to Computer Applications (CS
120) OR
Computer Science I (CS 121),
Concepts of Calculus (MS 117) OR Calculus I (MS 121), Probability and
Statistics (MS 251), and Statistical Methods in Research
(MS 252).
For a minor in economics, EC 101, 102, 301, 302, and one
additional economics course are required.
As you can see, the requirements for the major and minor
are rigorous. Having said that, a training in economic
theory provides not only a solid foundation for better
understanding the economy but also a high degree of
preparation for the study of law, medicine, history,
political science, sociology, and anthropology. While
knowledge of economics can obviously help you understand
economic policies enacted by central banking authorities,
and politicians, the consequences of fiscal deficits, and
the operation of the banking system, such knowledge can
also be useful for anyone who plans to participate in the
creation of public policy or for those pursuing an advanced
degree. Put simply, the classes listed for the major and
minor in economics will enhance your analytical and
communication skills. These are skills that will obviously
serve you well in any career.