The Bachelor of Arts degree in Economics entails the academic study of finance with a strong foundation in the theory and application of economic principles. Within the context of a liberal arts education, the program provides a deeper knowledge of history, institutions and world economy, and prepares you to think critically about moral and ethical issues that occur in the realm of financial economics.
The program curriculum focuses on:
the role of the market's pricing system in the functioning of the economy,
fiscal and monetary policies,
basic economic models and theories, and
application of basic moral and ethical principles in the analysis of economic systems and issues.
The program consists of 30 credit hours in Economics with the remaining BA credit hours in other academic disciplines, in addition to the UDM Core Curriculum requirement. A number of the requirements and elective Economics courses in the program are approved for Teacher's Certification by the State Board of Education.
The credit hours to complete the B.A. in Economics may not be counted toward the completion of the B.A. in Financial Economics.
UDM's Economics courses maintain long-standing approval by the AACSB International: The Association to Advance Collegiate Schools of Business—the premiere accrediting agency for BA, MA, MBA, and doctoral programs in business.
The Economics major degree prepares you for a career in industry, financial and non-profit institutions, or in various levels of government. The degree also will focus on careers in the rapidly emerging international sector of the economy. A good number of economics majors also continue their studies in the legal profession.
To provide greater convenience and flexibility, courses will be available in different delivery options:
traditional day and evening in-classroom format
online courses in both seven-week and fourteen-week formats
one-week, intensive courses using in-classroom format
In order to be admitted to the undergraduate Economics program, you must meet entrance requirements of University of Detroit Mercy. Transfer students must have a minimum undergraduate GPA of 2.0.
To obtain an undergraduate degree, you must successfully complete the University's Core Curriculum (18 courses outside of a student's major that are designed to ensure a well-rounded education) and all designated major program courses.
A minimum of 126 total credit hours is required for graduation. A minimum 2.0 GPA must be maintained, although students should be aware that admission to graduate programs usually requires a minimum 3.0 GPA for undergraduate course work.
Students will complete the following courses for a total of 33 credits in addition to the UDM Core Curriculum.
Five courses required from the following:
UDM's Economics faculty have significant academic experience as well as practical experience in the world of finance, economics and business. Specific areas of expertise include international and resource economics, financial institutions and public policy, and economic theory.