Major and Minor Requirements
Understanding the American and global economies has become a necessity in many areas of life. This major offers a comprehensive array of courses to provide that knowledge, and to expose students to different analytical approaches and research methods used in economics, and their applications to real world problems. The senior economics internship and research course unites critical thinking with the application of economic analysis and data management in a career-oriented research project. The economics major provides a rigorous and practical liberal arts background for a wide range of academic, professional, public policy, and business careers.
Requirements: Economics Core 5 units
\EC 101 Macroeconomics
EC 301 Intermediate Macroeconomics or EC 302 Intermediate Microeconomics
EC 415 Applied Econometrics
MA 108 Statistics for Business and Economics
Senior Learning Community
EC 400 Senior Reflective Tutorial
EC 420 Methodology and Research in Economics
Electives in Economics: 4 units in Economics from the following
EC 200 History of Economic Ideas
EC 301 or EC 302 Intermediate Macroeconomics or Microeconomics
EC 304 International Finance
EC 305 International Trade
EC 306 Economics of the Environment
EC 311 Comparative Economic Systems
EC 312 Economics of Genocide
EC 313 Labor Economics and Industrial Relations
EC 411 Industrial Organization and Public Policy: Big Business U.S.A.
EC 412 Economic Development
EC 414 Economics of Discrimination
EC 291 Special Topics in Economics
EC 297 Internship in Economics (one unit)
EC 397 Internship in Economics (two units)
Cognate requirements: 1 unit
MA 124 Applied Calculus
A minimum of 5 units in Economics, including Economics 101, 102, and one or both of Economics 301, 302. Students may also count Finance 312 and Government 350 towards the Economics minor.
Capstone Course: EC 420 Open to Minors
EC 420 Methodology and Research in Economics. This course will explore both the practical and theoretical ways of approaching research in economics. It will help students think about their research projects as well as include practice in the application of statistical and econometric techniques. Students will be required to complete five short empirical projects in addition to the methodology course work. The reading and reflecting exercises are designed to explore and critique the several approaches to methodology in contemporary economics. Students will learn to formulate a hypothesis, do research, manage data and to test hypotheses. Economic literacy both in written, verbal and mathematical forms will be emphasized. Prerequisites: Economics 101, 102, and either 301 or 302; Mathematics 108. To be taken in conjunction with Economics 400 (unless an economics minor)
The Senior RFT: EC 400
EC 400 Reflective Tutorial. This course will be offered in the spring concurrently with the capstone course in economic methodology. It is in this senior tutorial that students will develop and refine skills in applied economics, such as data collection, manipulation, mining and data organization that are required for a major research paper. The reflective aspect of the research process will be emphasized. There are two tracks students may choose to follow. They can complete a practicum in the field of economics or design and develop an empirical research project independently. In both, students will use a high level of empirical data analysis with at least two regression programs as well as keep a research diary. The RFT will provide a forum for students meet collectively to share, reflect on and discuss their research or practicum with each other. They will be required to orally present at several stages of the senior thesis to economists from Wagner College and at seminars in the Greater New York area.
EC 297 Economics Internship (One unit) a faculty supervised, part-time practical work experience in the fields of economics or finance. Students will submit a written log of their experience, and complete a substantial project or paper related to their work. The internship requires 110 hours minimum. Prerequisites: EC 101 and EC102 and at least 4 other units in Economics. Permission of the chair of the department is required. Offered fall and spring semesters and in the summer session.
EC 397 Economics Internship (Two units) a faculty supervised, part-time practical work experience in the fields of economics or finance. Students will submit a written log of their experience, and complete a substantial project or paper related to their work. The internship requires 220 hours minimum Prerequisites: EC 101 and EC102 and at least 4 other units in Economics. Permission of the chair of the department is required. Offered fall and spring semesters and in the summer session.
Students double majoring, for whom Economics is the secondary major, are required to take only EC 420 Methodology & Research in Economics for the Senior LC