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Minor in Economics










Minor in Economics at Fordham College



Many students in Fordham College and in the Gabelli School of Business choose to complement their major with a minor in economics.  The minor sharpens one's analytical skills and provides a clear and concise way of thinking that is helpful in addressing problems and issues throughout life.  The economics minor is an excellent complement to a degree in philosophy, history or political science for students considering law school.  The economics minor can provide a student with a competitive edge when applying to a graduate business school, indicating to such schools that the student is capable of rigorous analytical work in the demanding fields of micro and macro theory. Students interested in public sector or international affairs careers are well served by the economics minor, as they have been exposed to economic decision making and policy evaluation.  Finally, the economics minor is favorably viewed by many corporate job recruiters as an indicator of the student's analytical abilities and commitment to a challenging academic program.



Fordham College

If you are in Fordham College, the minor in economics consists of six courses:

  • Basic Macroeconomics
  • Basic Microeconomics
  • Statistics I or Macroeconomic Analysis or Microeconomics Theory
  • Three upper level electives (3000 level courses)
If Statistics I is selected for the core, then Macro Analysis and/or Micro Theory can be used as electives.

The Basic Macro and Basic Macro courses also satisfy Fordham College's social science core curriculum requirement.  Courses such as ECRG32240 World Povery, ECRG3210 Economics of Emerging Nations,  ECRG3235 Economics of Latin America,  ECRG 3242 Global Economic Issues
ECRP 3570 Labor Market and Diversity,andECRP 3580 Economics of Diversity can be double counted to satisfy both Fordham College's global or pluralism distributive requirements and the economics minor.

Students who are planning to complete an MBA in the future are advised to take Macroeconomic Analysis and Microeconomics Theory as two of their three upper level electives. A third course could be Math for Economists.




Gabelli School of Business


GSB students may minor in Fordham College.  Because of its strong analytical content, an economics minor will complement the business concentration and  enhance  job search upon graduation.

Because GSB students have already taken Basic Macroeconomics, Basic Microeconomics and Statistics I, they only need to complete three 3000-level economics courses for an economics minor. Note, however, that a course used towards the Business Administration concentration can not also be used to satisfy the economics minor.   For example, if one wishes to use an economics course such as Money and Banking towards the Finance concentration, it can not also be double counted towards the minor in Economics.   Course recommendations for different concentrations are as follows.


Finance concentration


Students should give serious thought to the following courses, especially if they are considering a career in Wall Street: Macroeconomic Analysis; Money & Banking; Financial Markets; International Finance; International Economics; Emerging Financial Markets; Issues in Financial markets; and Computer Applications in Economics.

Accounting


Complementary courses include Managerial Economics; Microeconomic Theory; Economics of Emerging Nations; Health Sector Analysis.


Marketing and Management Systems


Courses  to consider include Managerial Economics; Microeconomic Theory; Health Sector Economics; Economics of Emerging Nations; World Poverty; International Economics

Students who are planning to attend a graduate business school will find that Mathematics for Economists will provide them with the mathematical skills required by most graduate business programs. Macroeconomic Analysis and Microeconomic Theory are strongly recommended.

There is no  difference in course requirements  between an economic's minor from Fordham College and a secondary concentration in Business Economics from GSB.   One could argue that it is more interesting to potential employers that a student has received a minor from a liberal arts program, rather than a secondary concentration from the same school.



Questions?
 
Contact:
Prof. Mary Burke
Associate Chair
Dealy 508
mburke@fordham.edu

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