Economic Analysis BAECON

Major: Economic Analysis
Degree Awarded: Bachelor of Arts in Economics (BAECON)
Calendar Type: Quarter
Minimum Required Credits: 180.0
Co-op Options: Three Co-op (Five years); One Co-op (Four years); No Co-op (Four years)
Classification of Instructional Programs (CIP) code: 45.0601
Standard Occupational Classification (SOC) code: 19-3011

About the Program

The Bachelor of Arts in Economics introduces students to modern economics within the context of a broad liberal arts curriculum. The degree is well suited for students interested in the relation of economics to the other social science disciplines and humanities, and it provides an even broader liberal arts education than the Bachelor of Science in Economics. The BA in Economics offers students the flexibility to combine their studies in economics with a major or minor in another field of study.

Additional Information

For more information please contact our Undergraduate Advising department at lebowadv@drexel.edu. 

Degree Requirements

General Education Requirements
CIVC 101Introduction to Civic Engagement1.0
COM 270Business Communication3.0
or COM 230 Techniques of Speaking
COOP 101Career Management and Professional Development *1.0
ENGL 101Composition and Rhetoric I: Inquiry and Exploratory Research3.0
or ENGL 111 English Composition I
ENGL 102Composition and Rhetoric II: Advanced Research and Evidence-Based Writing3.0
or ENGL 112 English Composition II
ENGL 103Composition and Rhetoric III: Themes and Genres3.0
or ENGL 113 English Composition III
UNIV B101The Drexel Experience1.0
UNIV B201Career Management1.0
Natural Science electives **3.0-4.0
Culture & Diversity electives ***3.0-4.0
Social & Behavioral Sciences electives †6.0-8.0
International Studies electives ††3.0-4.0
Humanities & Fine Arts electives ^6.0
Choose One Math Sequence: ^^8.0-10.0
Introduction to Analysis I
and Introduction to Analysis II
Algebra, Functions, and Trigonometry
and Calculus I
Calculus and Functions I
and Calculus and Functions II
Calculus I
and Calculus II
STAT 201Introduction to Business Statistics4.0
Required Economics Courses
ECON 201Principles of Microeconomics4.0
ECON 202Principles of Macroeconomics4.0
ECON 250Game Theory and Applications4.0
ECON 301Microeconomics4.0
ECON 321Macroeconomics4.0
ECON 322Economics Seminar4.0
ECON 326Economic Ideas4.0
Economics Electives
Select at least 32 credits from the following:32.0
Survey of Economic Policy
Mathematical Models in Economics
Economics of Small Business
Using Big Data to Solve Economic and Social Problems
Economics of Happiness
Managerial Economics
International Macroeconomics
Public Finance
Labor Economics
Industrial Organization
Economic Development
Mathematical Economics
Applied Econometrics
Resource and Environmental Economics
Money and Banking
Time Series Econometrics
Health Economics
Behavioral Economics
Topics in Behavioral Economics
Experiments and Causality in Economics
Special Topics in Economics
Special Topics in Economics
Special Topics in Economics
Multinational Corporations
International Trade
International Money and Finance
Regional Studies in Economic Policies and International Business
Seminar in International Business
Sport Economics
Free Electives71.0
Total Credits180.0-187.0
*

Students not participating in COOP will take an extra Free Elective credit in place of COOP 101.

**

Bioscience and Biotechnology (BIO), Chemistry (CHEM), Physics (PHYS), Geoscience (GEO), Environmental Science (ENVS), Environmental Studies and Sustainability (ENSS), Physics-Environmental Science (PHEV)

***

Students should contact the School of Economics for a list of courses that fulfill this requirement.

†

Sociology (SOC), Psychology (PSY), Anthropology (ANTH), Political Science (PSCI), Crimonology and Justice Studies (CJS), History (HIST), Science Technology and Society (SCTS)

††

Global Studies (GST), International Business (INTB)

^

Art History (ARTH), Communication (COM), Foreign Languages, English (ENGL), Music (MUSC), Philosophy (PHIL), Religious Studies (RELS), Theater (THTR), Africana Studies (AFAS), Middle Eastern and North African Studies (MENA), Jewish Studies (JWST), Women's and Gender Studies (WGST), Linguistics (LING), Writing (WRIT)

^^

For the MATH 121 & MATH 122 sequence, any other MATH course with a minimum of 4 credits can be used as a substitute for MATH 122. Some students who select the MATH 116 & MATH 117 sequence may need a one-credit concurrent practicum course depending on their calculus exam score and summer preparatory review participation.

Writing-Intensive Course Requirements

In order to graduate, all students must pass three writing-intensive courses after their freshman year. Two writing-intensive courses must be in a student's major. The third can be in any discipline. Students are advised to take one writing-intensive class each year, beginning with the sophomore year, and to avoid “clustering” these courses near the end of their matriculation. Transfer students need to meet with an academic advisor to review the number of writing-intensive courses required to graduate.

A "WI" next to a course in this catalog may indicate that this course can fulfill a writing-intensive requirement. For the most up-to-date list of writing-intensive courses being offered, students should check the Writing Intensive Course List at the University Writing Program. Students scheduling their courses can also conduct a search for courses with the attribute "WI" to bring up a list of all writing-intensive courses available that term.

Sample Plan of Study

4 year, no co-op

Plan of Study Grid
First Year
FallCredits
CIVC 101 Introduction to Civic Engagement 1.0
ECON 201 Principles of Microeconomics 4.0
ENGL 101
or ENGL 111
 Composition and Rhetoric I: Inquiry and Exploratory Research
or English Composition I
 3.0
UNIV B101 The Drexel Experience 1.0
Math Sequence Course * 4.0-5.0
 Credits13-14
Winter
ECON 202 Principles of Macroeconomics 4.0
ENGL 102
or ENGL 112
 Composition and Rhetoric II: Advanced Research and Evidence-Based Writing
or English Composition II
 3.0
ECON Elective (270 Recommended) 4.0
Math Sequence Course * 4.0-5.0
 Credits15-16
Spring
COM 270
or COM 230
 Business Communication
or Techniques of Speaking
 3.0
ENGL 103
or ENGL 113
 Composition and Rhetoric III: Themes and Genres
or English Composition III
 3.0
ECON Elective (203 Recommended) 4.0
Natural Sciences Elective 3.0-4.0
Social & Behavioral Sciences electives 3.0-4.0
 Credits16-18
Summer
VACATION  
 Credits0
Second Year
Fall
ECON 301 Microeconomics 4.0
STAT 201 Introduction to Business Statistics 4.0
Humanities & Fine Arts electives 3.0
Free Elective 4.0
 Credits15
Winter
ECON 321 Macroeconomics 4.0
Humanities & Fine Arts electives 3.0
Free Elective 5.0
 Credits12
Spring
ECON 250 Game Theory and Applications 4.0
Culture & Diversity electives 3.0-4.0
Free Elective 8.0
 Credits15-16
Summer
VACATION  
 Credits0
Third Year
Fall
ECON 326 Economic Ideas 4.0
ECON Elective 4.0
International Studies elective 3.0-4.0
Free Elective 4.0
 Credits15-16
Winter
ECON Elective 4.0
Social & Behavioral Sciences Elective 3.0-4.0
Free Elective 7.0
 Credits14-15
Spring
ECON Elective 4.0
Free Elective 12.0
 Credits16
Summer
VACATION  
 Credits0
Fourth Year
Fall
UNIV B201 Career Management 1.0
ECON Elective 4.0
Free Elective 12.0
 Credits17
Winter
ECON Elective 4.0
Free Electives 12.0
 Credits16
Spring
ECON 322 Economics Seminar 4.0
ECON Elective 4.0
Free Electives 8.0
 Credits16
 Total Credits180-187
*

Suggested MATH sequences are: MATH 101 & MATH 102; MATH 105 & MATH 121; MATH 116 & MATH 117; MATH 121 & one other MATH course numbered 122 or higher.

4 year, one co-op

Plan of Study Grid
First Year
FallCredits
CIVC 101 Introduction to Civic Engagement 1.0
ECON 201 Principles of Microeconomics 4.0
ENGL 101
or ENGL 111
 Composition and Rhetoric I: Inquiry and Exploratory Research
or English Composition I
 3.0
UNIV B101 The Drexel Experience 1.0
Math Sequence * 4.0-5.0
 Credits13-14
Winter
ECON 202 Principles of Macroeconomics 4.0
ENGL 102
or ENGL 112
 Composition and Rhetoric II: Advanced Research and Evidence-Based Writing
or English Composition II
 3.0
ECON Elective (270 Recommended) 4.0
Math Sequence * 4.0-5.0
 Credits15-16
Spring
COM 270
or COM 230
 Business Communication
or Techniques of Speaking
 3.0
ENGL 103
or ENGL 113
 Composition and Rhetoric III: Themes and Genres
or English Composition III
 3.0
ECON Elective (203 Recommended) 4.0
Social & Behavioral Sciences elective 3.0-4.0
 Credits13-14
Summer
VACATION  
 Credits0
Second Year
Fall
ECON 301 Microeconomics 4.0
STAT 201 Introduction to Business Statistics 4.0
Social & Behavioral Sciences electives 3.0-4.0
Free Elective 4.0
 Credits15-16
Winter
ECON 321 Macroeconomics 4.0
Humanities & Fine Arts electives 6.0
Natural Sciences Elective 3.0-4.0
Free Elective 4.0
 Credits17-18
Spring
ECON 250 Game Theory and Applications 4.0
Culture & Diversity electives 3.0-4.0
ECON Elective 8.0
 Credits15-16
Summer
COOP 101 Career Management and Professional Development ** 1.0
ECON Elective 4.0
International studies elective 3.0-4.0
Free Elective 8.0
 Credits16-17
Third Year
Fall
ECON 326 Economic Ideas 4.0
ECON Elective 4.0
Free Electives 8.0
 Credits16
Winter
Free Electives 12.0
 Credits12
Spring
COOP EXPERIENCE  
 Credits0
Summer
COOP EXPERIENCE  
 Credits0
Fourth Year
Fall
UNIV B201 Career Management 1.0
ECON Elective 4.0
Free Electives 11.0
 Credits16
Winter
ECON Elective 4.0
Free Electives 12.0
 Credits16
Spring
ECON 322 Economics Seminar 4.0
Free Elective 12.0
 Credits16
 Total Credits180-187
*

Suggested MATH sequences are: MATH 101 & MATH 102; MATH 105 & MATH 121; MATH 116 & MATH 117; MATH 121 & one other MATH course numbered 122 or higher.

**

Co-op cycles may vary. Students are assigned a co-op cycle (fall/winter, spring/summer, summer-only) based on their co-op program (4-year, 5-year) and major. 

COOP 101 registration is determined by the co-op cycle assigned and may be scheduled in a different term. Select students may be eligible to take COOP 001 in place of COOP 101.

 5 year, 3 co-op

Plan of Study Grid
First Year
FallCredits
CIVC 101 Introduction to Civic Engagement 1.0
ECON 201 Principles of Microeconomics 4.0
ENGL 101
or ENGL 111
 Composition and Rhetoric I: Inquiry and Exploratory Research
or English Composition I
 3.0
UNIV B101 The Drexel Experience 1.0
Math Sequence * 4.0-5.0
 Credits13-14
Winter
ECON 202 Principles of Macroeconomics 4.0
ENGL 102
or ENGL 112
 Composition and Rhetoric II: Advanced Research and Evidence-Based Writing
or English Composition II
 3.0
ECON Elective (270 Recommended) 4.0
Math Sequence * 4.0-5.0
 Credits15-16
Spring
COM 270
or COM 230
 Business Communication
or Techniques of Speaking
 3.0
COOP 101 Career Management and Professional Development ** 1.0
ENGL 103
or ENGL 113
 Composition and Rhetoric III: Themes and Genres
or English Composition III
 3.0
ECON Elective (203 Recommended) 4.0
Social & Behavioral Sciences Elective 3.0-4.0
 Credits14-15
Summer
VACATION  
 Credits0
Second Year
Fall
ECON 301 Microeconomics 4.0
STAT 201 Introduction to Business Statistics 4.0
Social & Behavioral Sciences Elective 3.0-4.0
Free Elective 4.0
 Credits15-16
Winter
ECON 321 Macroeconomics 4.0
Humanities & Fine Arts electives 6.0
Natural Sciences Elective 3.0-4.0
Free Elective 4.0
 Credits17-18
Spring
COOP EXPERIENCE  
 Credits0
Summer
COOP EXPERIENCE  
 Credits0
Third Year
Fall
ECON 250 Game Theory and Applications 4.0
Culture & Diversity electives 3.0-4.0
ECON Elective 8.0
 Credits15-16
Winter
ECON Elective 4.0
International studies elective 3.0-4.0
Free Elective 8.0
 Credits15-16
Spring
COOP EXPERIENCE  
 Credits0
Summer
COOP EXPERIENCE  
 Credits0
Fourth Year
Fall
ECON 326 Economic Ideas 4.0
ECON Elective 4.0
Free Elective 8.0
 Credits16
Winter
Free Elective 12.0
 Credits12
Spring
COOP EXPERIENCE  
 Credits0
Summer
COOP EXPERIENCE  
 Credits0
Fifth Year
Fall
UNIV B201 Career Management 1.0
ECON Elective 4.0
Free Elective 11.0
 Credits16
Winter
ECON Elective 4.0
Free Elective 12.0
 Credits16
Spring
ECON 322 Economics Seminar 4.0
Free Elective 12.0
 Credits16
 Total Credits180-187
*

Suggested MATH sequences are: MATH 101 & MATH 102; MATH 105 & MATH 121; MATH 116 & MATH 117; MATH 121 & one other MATH course numbered 122 or higher.

**

Co-op cycles may vary. Students are assigned a co-op cycle (fall/winter, spring/summer, summer-only) based on their co-op program (4-year, 5-year) and major. 

COOP 101 registration is determined by the co-op cycle assigned and may be scheduled in a different term. Select students may be eligible to take COOP 001 in place of COOP 101.

Co-op/Career Opportunities

The study of economics prepares students for a variety of fields: research economists in banks, government and universities; law; economic development for local government, banks and firms; business management and consulting; government and international agencies, such as the CIA, World Bank, IMF and USAID; and business and economic journalism.

Career Paths and Degree Combinations

Economics provides an excellent foundation for many career options and can also be combined with many other majors and minors in preparing students for great careers.

For example:

Banking and Finance

  • Economics and Finance
  • Economics and Business
  • Economics and Mathematics
  • Business Economics Concentration
  • Economics and Physics

Academia

  • Economics and Anthropology
  • Economics and Psychology
  • Economics and Mathematics
  • Economics and Public Health
  • Economics and Philosophy

Economics Research in Industry

  • Economics and Mathematics
  • Mathematical Economics Concentration
  • Economics and Marketing
  • Economics and Finance

High Tech and IT Industries

  • Economics and Data Science
  • Economics and Information Systems 
  • Economics and Chemistry
  • Economics and Biology

Economics Research in Governments and International Organizations

  • Economics and Environmental Studies
  • Economics and Political Science
  • Economics and International Studies

Law School and Other Graduate School Options

  • Economics and Legal Studies
  • Economics and Philosophy
  • Economics and Political Science
  • Economics and International Studies

Opportunities

Recently, economics students have obtained positions at the following institutions:

  • Federal Reserve Bank, Board of Governors
  • Citibank
  • Vanguard Corporation
  • Deloitte Consulting
  • Black Rock Inc.
  • Tyco Electronics

Visit the Drexel Steinbright Career Development Center page for more detailed information on co-op and post-graduate opportunities.

Program Level Outcomes

  • Student will understand how to build their career.
  • Student will be able to express ideas clearly in writing.
  • Upon graduation, students will understand the foundational ideas and methods of modern economics.
  • Students will be able to evaluate economic issues in light of alternative economic theories.

School of Economics Faculty

Marco Airaudo, PhD (University of Pennsylvania Philadelphia). Associate Professor. Computational economics, international economics, macroeconomics and monetary economics.
Patricia Awerbuch, MBA (Drexel University). Assistant Clinical Professor. Performance of on-campus students in an online classroom designed for distance learners; business professors.
Richard Barnett, PhD (University of Minnesota). Clinical Professor. Economic theory, macroeconomics.
Sebastien Bradley, PhD (University of Michigan). Assistant Professor. Public finance, international economics.
Mian Dai, PhD (Northwestern University). Assistant Professor. Managerial economics and strategy.
Pia DiGirolamo, PhD (Purdue University). Assistant Clinical Professor. Macroeconomics, international finance.
Matthew Freedman, PhD (University of Maryland). Associate Professor. Labor economics, public economics.
Shawkat M. Hammoudeh, PhD (University of Kansas). Professor. Applied econometrics, financial economics, international economics, and natural resource economics.
Teresa D. Harrison, PhD (University of Texas Austin) Associate Dean, Academic Affairs. Associate Professor. <em>School of Economics</em> Econometrics, public finance, industrial organization, empirical microeconomics including health and nonprofit organizations.
Paul E. Jensen, PhD (Penn State University) Associate Dean, College of Business. Associate Professor. International trade. Primary research interest is international trade, particularly in empirical studies of international trade patterns.
Bang Nam Jeon, PhD (Indiana University) Department of Economics and International Business. Professor. Financial economics, world financial market linkages, foreign direct investment flows in the Asia-Pacific economies, the Korean economy: currency crisis, FDI, and macroeconomic issues, regional economic integration and newly industrializing economies: the
Stephen Joyce, MA (Temple University). Assistant Clinical Professor. Education and human capital.
Andre Kurmann, PhD (University of Virginia). Associate Professor. Computational economics, financial economics, labor economics, macroeconomics and monetary economics.
Christopher A. Laincz, PhD (Duke University). Associate Professor. Economic development, technological change, and growth, industrial organization, macroeconomics and monetary economics.
Philip Luck, PhD (University of Califorinia, Davis). Assistant Professor. International economics, international trade.
Vibhas Madan, PhD (Michigan State University). Professor. International trade theory, applied microeconomics.
Roger A. McCain, PhD (Louisiana State University). Professor. Computational economics, game theory.
Bruce D. McCullough, PhD (University of Texas Austin). Professor. Applied Econometrics, Data Mining, Econometric Techniques, Reliability of Statistical and Econometric Software.
Irina Murtazashvili, PhD (Michigan State University). Assistant Professor. Applied econometrics.
Maria Olivero, PhD (Duke University). Associate Professor. Macroeconomics, international finance.
Eydis Olsen, MA (American University). Clinical Associate Professor. Macroeconomics, political economy.
Tristan Potter, PhD (Boston College). Assistant Professor. Macroeconomics, labor.
Konstantinos Serfes, PhD (University of Illinois at Champaign-Urbana). Professor. Industrial organization; microeconomics.
Ricardo Serrano-Padial, PhD (University of California at San Diego). Assistant Professor. Microeconomics theory, information economics with applications in finance, macroeconomics and industrial organization.
Mark Stehr, PhD (University of California at Berkeley) Assistant Director School of Economics. Associate Professor. Health economics, health behaviors, public finance, public policy.
Constantinos Syropoulos, PhD (Yale University) Trustee Professor of International Economics. Professor. International trade, political economy, applied microeconomics.
Matthew Weinberg, PhD (Princeton University). Associate Professor. Antitrust and regulation, applied econometrics, industrial organization.
Yoto Yotov, PhD (Boston College). Associate Professor. International trade, applied microeconomics, political economy.

Emeritus Faculty

Edward C. Koziara, PhD (University of Wisconsin). Professor Emeritus. Applied micro and macro economics.
Bijou Yang Lester, PhD (University of Pennsylvania). Professor Emeritus. Behavioral characteristics of shopping on-line, economic issues of electronic commerce, contingent employment and part-time work, the economy and suicide.
Andrew G. Verzilli, PhD (Boston College). Professor Emeritus. Teaching effectiveness in economics; economics and financial history.
Chiou-shuang Yan, PhD (Purdue University). Professor Emeritus. International economics, input-output analysis.