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Economics, B.S.

About the Program

The B.S. degree program in economics provides a solid foundation in the basic skills and analytical techniques that are necessary to understand changes in the broad economic environment and be able to formulate decisions as consumers, resource owners, and managerial personnel in business, government, and nonprofit organizations. Students choose a concentration in either applied economics or financial economics and complete additional required courses and specialized electives. Both concentrations prepare students for entry-level management positions in business, government, and nonprofit organizations, and provide excellent preparation for graduate work in business administration, economics, and law. Financial economics is the rigorous study of financial markets (bonds, derivatives, swaps, and equities) and their related institutions.

Transfer Students

Most courses taken at an accredited institution and relevant to the B.S. degree program will be accepted, but the majority of courses applied to the major must be courses completed at Buffalo State. In most cases, grades for transfer courses will be used in computing the required GPA for admission into the program.

About the Economics and Finance Department

B207 Classroom Building
1300 Elmwood Ave
Buffalo, NY 14222
Phone: (716) 878-4606
Fax: (716) 878-6907
http://economics.buffalostate.edu/

Admission Requirements

Transfer or uncommitted students must have a minimum GPA of 2.0 in previous college credits.

Program Requirements

Intellectual Foundations Requirements
33-39 credit hours 33-39

Economics Major Requirements (39-45 credit hours)
Required Courses (27 credit hours)
BUS 312 FINANCIAL ACCOUNTING 3
ECO 201 PRINCIPLES OF MACROECONOMICS 3
ECO 202 PRINCIPLES OF MICROECONOMICS 3
ECO 305 STATISTICS FOR ECONOMICS 3
ECO 307 INTERMEDIATE MICROECONOMICS 3
ECO 308 INTERMEDIATE MACROECONOMICS 3
ECO 424 ECONOMETRICS 3
ECO 490 SENIOR SEMINAR 3
MAT 126 APPLIED CALCULUS I 4
or MAT 161 CALCULUS I

Concentrations (12-18 credit hours)
Select one of the following concentrations: 1 12-18
Applied Economics Concentration
Financial Economics Concentration

All College Electives
36-48 credit hours 36-48

Total Credit Hours 120
It is strongly recommended that students who plan to pursue a Ph.D. in economics also complete, as a minimum, MAT 161, MAT 162, and MAT 202.

1 Students are required to select one of two concentrations. Only 3 credit hours of ECO 488, ECO 495, or ECO 499 may be included.

Applied Economics Concentration

ECO 320 MANAGERIAL ECONOMICS 3
or ECO 325 INDUSTRIAL ORGANIZATION
ECO 405 HISTORY OF ECONOMIC THOUGHT 3

Select at least 6 credit hours from the following: 6
ECO 300 LABOR ECONOMICS
ECO 301 ECONOMICS OF LABOR RELATIONS
ECO 302 WOMEN IN THE ECONOMY
ECO 304 MONEY AND BANKING
ECO 312 URBAN ECONOMICS
ECO 350 PUBLIC FINANCE
ECO 355 THE ECONOMICS OF ENERGY AND THE ENVIRONMENT
ECO 360 INTRODUCTION TO THE ECONOMIC ANALYSIS OF LAW
ECO 401 INTERNATIONAL ECONOMICS
ECO 403 COMPARATIVE ECONOMIC SYSTEMS
ECO 404 ECONOMIC DEVELOPMENT
ECO 411 REGIONAL ECONOMIC ANALYSIS
ECO 488 INTERNSHIP (3-12)
ECO 495 SPECIAL PROJECT (1-3)
ECO 499 INDEPENDENT STUDY (3-12)
FIN 400 INTERNATIONAL FINANCE

Total Credit Hours 12

Financial Economics Concentration

BUS 313 MANAGERIAL ACCOUNTING 3
ECO 304 MONEY AND BANKING 3
FIN 314 CORPORATION FINANCE 3

Select at least 9 credit hours from the following: 9
ECO 488 INTERNSHIP (3-12)
ECO 495 SPECIAL PROJECT (1-3)
ECO 499 INDEPENDENT STUDY (3-12)
FIN 345 ESTATE PLANNING
FIN 370 TECHNICAL ANALYSIS OF FINANCIAL MARKETS
FIN 400 INTERNATIONAL FINANCE
FIN 414 INVESTMENT MANAGEMENT
FIN 415 CASES IN CORPORATION FINANCE
FIN 416 ADVANCED CORPORATION FINANCE
FIN 417 DERIVATIVE SECURITIES
FIN 418 BOND MARKETS
FIN 419 MERGERS AND ACQUISITIONS

Total Credit Hours 18

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