Economics (B.S.)

Name: Economics (B.S.)
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by State University of New York (SUNY) At Old Westbury Claim Listing

The B.S. in Economics provides its students with the skills to assess contending economic theories and debates, as they apply to issues challenging both the business and government sectors. The program’s primary objective is to teach students how to use the economic concepts, models, and quantitati

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The major integrates economic theory with analysis of how economies adapt over time and across the globe and trains students in the use of the quantitative and analytical tools required to conduct research. Micro- and macroeconomics provide a foundation for most other areas of research in economics as diverse as recessions, currency exchange rates, famines, terrorism, environmental protection, discrimination, income and wealth distribution, and the allocation of household chores. Economics as a social science using statistical analysis and concerns with human behavior and public policy overlaps with other social science fields, including sociology and psychology. Students can design a course of study in such areas as domestic micro- and macroeconomic policy, and international, environmental, health, or labor economics.

Career Opportunities
Examples of sectors and jobs that draw on the skills developed in the economics major include:

General business: business analyst, marketing analyst, business forecaster, auditor
Government: researcher, analyst, speechwriter, forecaster
Financial services: broker, financial analyst, investment banker
Banking: credit analyst, loan officer, investment analyst
Education: college professor, researcher
Journalism: economic analyst, industry analyst
Other: business consultant, think tank analyst

Graduates will also be able to pursue additional degrees in economics, business, teaching, labor activism, law or in different areas of policy studies. These are all areas where proven proficiency in economics and quantitative analysis provides graduates an added advantage.

Curriculum
Required Courses for the Major

Courses Credits

Math Prerequisites: 12
MA 2080 Precalc/Bus. & Econ. or MA 2090 Precalculus
MA 2300 Calc/Business & Econ or MA 2310 Calc & Analytical Geometry
SY 2570 Statistics for Social Science or MA 2000 Applied Statistics

Core Economics Requirements:8

PE 2420 Principles of Microeconomics – GE Soc Sci
PE 2430 Principles of Macroeconomics

Upper Division Economics Core: 20

PE 3201 Statistics or MA3210 Intro to Probability & Statistics*
PE3425 Economic Analysis Micro
PE 3435 Economic Analysis Macro
PE 3410 Contemporary US Political Economy
PE 4470 History of Economic Thought

Upper Division Economics Electives: from 16
A. Choose One Course

PE4615 Public Finance & Public Policy
PE4590 Global Economy in the 20th Century

B. Three Upper Division Electives
See List of Electives Below

Major Capstone Course 4

PE4275 Applied Econometrics
Total for Economics Major 48
Other General Education Courses 28
Other Liberal Arts Requirements –GE Diversity 10
General Electives – to be used to meet campus requirement of at least 45 credits at 3000 level or above 22

List of Upper Division Electives
Choose Three Upper Division Courses (At least two 4000 level) for a total of 12 Credits

Course Title Credits

PE 3400 Global South 4
PE4580 Origins of the Capitalist Economy 4
PE3440 International Economics 4
PE4100 International Organizations in the Global Economy 4
PE4290 Environmental Economics 4
PE4409 Urban Economics 4
PE4430 Health Economics 4
PE4440 Food & Wine Economics 4
PE4455 Economic Development 4
PE4460 International Finance 4
PE4590 Global Economy in the 20th Century 4
PE4600 Depression Economics 4
PE4615 Public Finance & Public Policy 4
PE4650 Topics in U.S. Politics (Advanced Political Economy) 4
IR 3415 Labor Economics 4

SUNY Old Westbury is a selective public liberal arts college where students are challenged to take ownership of their futures through an environment that demands academic excellence, fosters intercultural understanding, and endeavors to stimulate a passion for learning and a commitment to building a more just and sustainable world.

Mission Statement

The State University of New York at Old Westbury is a dynamic and diverse public liberal arts university that fosters academic excellence through close interaction among students, faculty and staff. Old Westbury weaves the values of integrity, community engagement, and global citizenship into the fabric of its academic programs and campus life. In an environment that cultivates critical thinking, empathy, creativity and intercultural understanding, we endeavor to stimulate a passion for learning and a commitment to building a more just and sustainable world. Our University is a community of students, teachers, staff, and alumni bound together in mutual support, respect, and dedication to the Mission.

Vision Statement: 2018 – 2023

Old Westbury, SUNY's most diverse campus, is a regional academic leader that fosters personal growth and prepares students to embrace the social and environmental responsibilities of our 21st century global community.

Campus History

One of the youngest of the sixty-four campuses of the State University of New York, SUNY Old Westbury prides itself on the diversity and accomplishments of its faculty, staff, and student body, as well as its longstanding commitment to academic innovation, access, and social justice. From its experimental beginnings in 1968, the University has matured into a regional institution of higher education that works to prepare its graduates to serve the world through their character and leadership.

Early Beginnings

The State University of New York at Old Westbury was chartered in 1965 by SUNY’s Chancellor, Samuel B. Gould, who sought to add to the state system, a college that was innovative in curricula and academic policy. Its first president, Harris Wofford, envisioned the creation of a small experimental institution, centered on a common core of courses and individualized student projects, that would draw a diverse but talented group of students and faculty together.
President Wofford’s background in politics and in organizing the Peace Corps were the underpinning of a pedagogical orientation that led him to believe that a participatory framework, broad exposure to world classics, common seminars, a multi-cultural focus, and dedication to community service constituted the ideal educational background for an engaged citizenry.
The campus launched its operation in 1968 at Planting Fields, the former Coe estate located in Oyster Bay, Long Island. Recruiting a group of talented students, faculty, and staff planners for the new college, President Wofford hoped to develop a program that would serve as a transformative model for higher education in the United States. That vision encountered immediate difficulties, as disagreements quickly surfaced among the planners about the constituent elements of the core program.
September 1968. In an atmosphere that encouraged nearly unrestricted opportunities for experimentation and innovation, the first students opposed all academic requirements, insisting on equal voting rights with faculty on all policy matters. By the Spring semester, political divisions led to protests that disrupted the educational program and President Wofford decided to leave at the end of 1969 to become President at Bryn Mawr College.
This earliest portion of the institution's history has been featured in "Experiments," an online, multimedia presentation prepared by members of the Old Westbury faculty.
Following President Wofford’s departure, SUNY officials appointed a special commission to examine the campus' progress. The commission’s report convinced the SUNY Board of Trustees to take several specific actions; it should cease to admit new students, reorganize, and, in tandem, continue classes at the Planting Fields site under the direction of Dr. Council Taylor, a distinguished anthropologist and member of the faculty.

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New York Branch

P.O. Box 210 Old Westbury, NY 11568, New York

Economics (B.S.)

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