Economics, BA

Offered in: Chicago

Economics affects almost everything that happens. At Roosevelt, Economics students explore the economy and how it works with a focus on issues of equality and equity as well as the more traditional emphasis on efficiency. The Bachelor of Arts in Economics goes beyond the conventional economics that is taught at most universities in the United States and presents students with economic analysis from heterodox perspectives. Roosevelt is one of the few universities in the United States where students can study institutionalist, Post-Keynesian, and Marxist theories, as well as Neoclassical and Keynesian economics.

Course offerings regularly include courses addressing the market economy, the business cycle, financial crises, economic policy, theories of justice, political economy, international trade and development, the economics of women, contemporary labor problems, money and banking, the history of economics, and econometrics.

Economics graduates typically pursue careers in public service, business, law, teaching, and research.

The Economics major at Roosevelt University prepares students to analyze how the economy works in fresh and innovative ways. Students receive a broadshy;based view of contemporary economics with special emphasis on heterdox approaches to theory and policy. Students are challenged to be critical of existing institutions and seek new solutions to problems of economic justice, prosperity, poverty, and inequality. The department’s unique focus is evidenced by the fact that it houses the Social Justice Studies degree.

Requirements

Majors must complete a minimum of 11 courses (33 hours) in Economics with grades of C- or higher, with an overall GPA of 2.0 or higher. At least 12 credit hours in Economics must be completed at Roosevelt University, 6 of which must be at the 300 level. MATH 110 QUANTITATIVE LITERACY or higher is a prerequisite for ECON 234 ELEMENTARY STATISTICS.

Core
ECON 101PRINCIPLES OF ECONOMICS I3
ECON 102PRINCIPLES OF ECONOMICS II3
ECON 210MONEY AND BANKING3
or ECON 338 FINANCIAL CRISES & MARKETS
ECON 234ELEMENTARY STATISTICS3
ECON 321INCOME & EMPLOYMENT THEORY3
ECON 323PRICE THEORY3
Electives
Select five economics electives, at least three of which must be at the 300 level.15
General Education, University Writing Requirement, and Electives
Courses to total 12087
Total Credit Hours120

In addition to the five electives in Economics, majors are encouraged to select elective courses from such related fields as history, mathematics, philosophy, political science, psychology, sociology, and business administration.  Majors intending to pursue graduate studies in Economics are urged to take ECON 346 INTRODUCTION TO ECONOMETRICS and obtain adequate preparation in mathematics and statistics.  Many courses are taught on a rotating basis.  Students should consult an economics advisor and develop a long-range plan of study.

Internships

Economist internships at local government offices, social service agencies, non-profit organizations, and for-profit businesses are available, for credit, to assist students in career choice and development.  Chicago is a dynamic city and major world center of finance, business, government, social activism, and philanthropy.  Our internship program provides students with opportunities in all these areas.

Graduation with Distinction

Students desiring to graduate With Distinction in Economics must complete a minimum of 36 credit hours in economics with a grade point average of at least 3.75.  The credit hours must include the six core courses and six additional courses approved by an Economics advisor.

General Education Requirements

Academic Communities of Practice
ACP 101FIRST YEAR SEMINAR 13
ACP 110PRIMARY TEXTS3
ACP 250GROUNDS FOR CHANGE3
English Composition 2
ENG 101COMPOSITION I: CRITICAL READING & WRITING3
ENG 102COMPOSITION II: INTRODUCTION TO ACADEMIC RESEARCH3
Humanities
Select 9 credits from the following subject areas: African-American Studies, Art History, English (excluding ENG 101 and ENG 102), History, Languages, Music, Philosophy, Theatre, Speech and Women's and Gender Studies9
Mathematics
MATH 110QUANTITATIVE LITERACY (or above) 33
Non-Western requirement
Non-Western course (can be used for Humanities or Social Sciences general education requirements)3
RU mission-related course 2
LIBS 201WRITING SOCIAL JUSTICE3
Science
One biological science and one physical science required (at least one must be a four-hour lab (not applicable for science majors)7-8
Social Sciences
Select 9 credits from the following subject areas: African-American Studies, Anthropology, Economics, History, Journalism, Philosophy, Political Science, Psychology, Sociology and Women's and Gender Studies9
Total Credit Hours49-50
1

Required for students who enter RU with fewer than 12 credit hours

2

Minimum grade of C- required

3

Math, Computer Science & Technology, and Science majors have different requirements--see advisor

These quantitative requirements also apply to degrees in the College of Arts and Sciences:

  • Students may apply no more than 60 credit hours of 100-level courses toward the degree.
  • Students must apply no fewer than 60 credit hours of 200- and 300-level courses toward the degree.
  • Students must have at least 18 credit hours (of the 60 credit hours above) at the 300 level.
  • Students may transfer in no more than 66 credit hours from community colleges.
  • Students must take their final 30 hours at Roosevelt University. Note that some majors have additional requirements for RU hours.
  • Students must have a grade point average of 2.0 or higher to graduate. Note that some majors have additional GPA requirements.
  • Students must have a minimum of 90 hours in Arts and Sciences.
  • Students may apply no more than 51 hours in the major (BA) or 57 hours in the major (BS)