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Focus on Business, Government Policy, Finance and More

Economics Major

Division of Professional Studies

When you major in economics at Bridgewater, you have the option to choose from tracks in business, government policy and graduate school preparation. You can also choose the financial economics emphasis, to add greater depth in finance.

Consists of 42 credit hours (14 three-credit courses), comprised of 27 credits from the following nine required courses:

Basic descriptive statistics probability hypothesis testing correlation and regression. Statistical computer software is used to analyze data. Prerequisites MATH 118 MATH 110 MATH 115 or satisfactory performance on placement test

Unit(s): 3

Introduces scarcity opportunity cost and supply and demand analysis with special emphasis on aggregate economic growth unemployment inflation and fiscal and monetary policies. Prerequisite PDP 150 or PDP 350 General Education 2014 Social Sciences

Unit(s): 3

Analysis of individual choice and market behavior with special emphasis on price and output relationships and the economics of the firm. Prerequisite PDP 150 or PDP 350 General Education 2014 Social Sciences

Unit(s): 3

Focuses on the financial system determinants of interest rates structure and regulation of the banking system the Federal Reserve System and monetary policy and its impact on aggregate economic activity and inflation. Prerequisites ECON 200

Unit(s): 3

Discussion of the role of government and market forces in promoting economic efficiency focusing on antitrust policy economic regulation and socio-economic engineering. Prerequisite ECON 200 or 210

Unit(s): 3

Analyzes economic growth business cycles and the impact of economic institutions and policies on aggregate economic performance and living standards. Prerequisites ECON 200

Unit(s): 3

Theoretical and applied development of consumer choice firm behavior price and income determination market behavior and government policy. Prerequisite ECON 210

Unit(s): 3

Theory of international economic interrelationships including trade finance and monetary policies and institutions. Prerequisite ECON 200 or 210 General education 2014 global dynamics

Unit(s): 3

Capstone course for majors in Economics. Investigates selected economic issues policies and problems and introduces regression methods used to test economic hypotheses. Students conduct quantitative research collect data formulate and test hypotheses and present their results. Prerequisites ECON 400 and 410 and senior standing or permission of instructor

Unit(s): 3

Plus 15 additional credits in ECON courses numbered 300 or above, or 9 additional credits in ECON course numbered 300 or above and one of the following tracks:

Business Track

Consists of 6 credit hours (2 three-credit courses), selected from:

Accounting for sole proprietorships and corporations accounting records processing accounting information and financial statement content. 2016 Summer Session II offered as an online course

Unit(s): 3

Accounting for partnerships time-value of money applications cash flows budgeting cost determination responsibility accounting and decision-driven financial information. Prerequisite BUS 201 2016 Summer Session II offered as an online course

Unit(s): 3

General overview of the principles of planning organizing leading and controlling human and other resources for the achievement of an organizations goals. Examines the impact and role of communication motivation group dynamics and organization culture conflict and change as the context for current management practices. Uses written and oral reports to develop student writing and speaking skills. Prerequisites BUS 120 ENG 110 or permission of the instructor 2016 Summer Session II offered as an online course

Unit(s): 3

Government Policy Track

Consists of 6 credit hours (2 three-credit courses), selected from:

Introduction to American politics covering the development of American democracy relations between the states and the federal government elections the role of the media the three branches of national government and current public policy. Corequisite PDP 150 or PDP 350 General Education social sciences

Unit(s): 3

Introduces students to the world as a site of political activity. Examines institutions and processes on a global scale. Topics include sovereignty power globalization war multilateral institutions the environment trade development poverty and a variety of current events. Prerequisite PDP 150 or PDP 350 General Education Global Dynamics

Unit(s): 3

Explores the nature of international law and its similarities and differences with domestic law. Examines the institutions rules and organizations that provide the context for global interactions in an increasingly globalizing world. Case studies include issues such as human rights the International Criminal Court the World Trade Organization and the World Bank and International Monetary Fund. Prerequisites PDP 150 or PDP 350 and ENG 110 Writing Intensive Course Alternate years offered 2015-2016

Unit(s): 3

Graduate School Preparation Track

Consists of 6 credit hours (2 three-credit courses):

Study of differential calculus of a single variable. Applications of the derivative are made to curve sketching max-min problems and linear approximation and IHopitals Rule. Also included are applications of the Intermediate Value Theorem and Mean Value Theorem. Credit may not be received for both MATH 130 and 131. Prerequisites MATH 120 or satisfactory performance on placement test

Unit(s): 3

Study of integral calculus of a single variable. Included are techniques of integration and numerical methods of integration. Applications of the integral are made to computing area volume arc length and selected topics. Prerequisite MATH 131

Unit(s): 3

Students who choose this option should consider taking additional courses beyond MATH 132 as well.

Economics Area of Emphasis

Financial Economics Emphasis

Consists of 18 credit hours. Majors in economics can acquire additional depth in finance by pursuing the emphasis in financial economics. 6 credits from the emphasis may be applied to the requirements for the economics major. The capstone course is shown in italics.

Accounting for sole proprietorships and corporations accounting records processing accounting information and financial statement content. 2016 Summer Session II offered as an online course

Unit(s): 3

Accounting for partnerships time-value of money applications cash flows budgeting cost determination responsibility accounting and decision-driven financial information. Prerequisite BUS 201 2016 Summer Session II offered as an online course

Unit(s): 3

Theory and practice of managerial finance including financial statement analysis financial planning and control working capital management and capital budgeting. Prerequisites BUS 202 ECON 200 and 210 MATH 140

Unit(s): 3

A two-course examination of financial accounting issues. BUS 371 focuses on accounting theory FASBs conceptual framework GAAP & IFRS presentations for financial statements. Prerequisites for BUS 371 BUS 202

Unit(s): 3

Introduction to security selection and portfolio management in global financial markets including the theoretical and practical aspects of asset allocation and stock and bond valuation. Prerequisite BUS 202 or permission of the instructor Alternate years offered 2016-2017

Unit(s): 3

Capstone course for the finance emphasis focusing on strategic issues such as capital budgeting the cost of capital capital structure dividend policy and debt and equity financing. Case studies are used to develop analytical skills and enhance student understanding of the practical application of financial theory. Prerequisites BUS 320 or concurrent enrollment is
A two-course examination of financial accounting issues. BUS 371 focuses on accounting theory FASBs conceptual framework GAAP & IFRS presentations for financial statements. Prerequisites for BUS 371 BUS 202

Unit(s): 3
Alternate years offered 2015-2016

Unit(s): 3

Students choosing to double major in economics and business administration may not earn both the financial economics emphasis in economics and the finance emphasis in business administration.

Careers and Graduate Schools

What can you do with your economics degree?

Like the department’s recent graduates, you might enter graduate schools such as:

  • College of William and Mary
  • Eastern Mennonite University
  • James Madison University
  • Radford University
  • University of Richmond
  • Virginia Commonwealth University
  • Virginia Tech

Or pursue a career as a:

  • Bank Advisor
  • Economist
  • Editor
  • Financial Analyst
  • Research Analyst
  • Professor

Learn more about career paths, employment and advancement in the field of economics from the American Economic Association.

Visit the Department Homepage

Questions? Contact us!

Holly A. Caldwell, Department Chair
540-828-5774
hcaldwell@bridgewater.edu