Economics (Major BA)

Name: Economics (Major BA)
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Economics majors are required to take one social science course from outside the major. The course may be a lower or upper level course in Geography, Political Science, Sociology, Urban Studies, or any course that satisfies the Understanding Human Behavior requirement of the University Core.

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Duration

4 Years

Course Details

Lower Division Requirements (8-12 semester hours)

ECON 1050 Introductory Economics 4 semester hours or
ECON 1100 Introductory Microeconomics 4 semester hours and
ECON 1200 Introductory Macroeconomics 4 semester hours
ECON 2300 Introductory Statistics 4 semester hours or
ECON 2350 Accelerated Introductory Statistics 4 semester hours

Note: A grade of at least B- (2.7) is required in each of these courses.

Mathematics requirements (0-7 semester hours):

MATH 112 Mathematical Analysis for Business II 3 semester hours or
MATH 131 Calculus I 4 semester hours

Upper Division Requirements (28 semester hours)

The average grade in upper division economics courses must be at least C (2.0). Three courses are required: ECON 3100, ECON 3200, and ECON 3300. A grade of at least C- (1.7) must be obtained in these three required courses. These courses should be taken before or during the junior year. Four additional upper division economics courses are required, of which at least two (8 semester hours) must be at the 4000 level. A grade of at least D (1.0) must be obtained in these additional four required and any other additional upper division economics courses. Upper division economics courses must be taken in the LMU Economics Department, except by prior permission of the Chairperson. BCLA students are allowed to take three upper division courses beyond the major requirements, so students pursuing a B.A. degree in Economics can take up to 48 semester hours of upper division ECON courses (12 courses total from the 3000-, 4000-, or 5000-level).

Curriculum Overview
For BCLA undergraduates who enrolled in Fall 2015 and later, students must successfully complete 124 semester hours to graduate, distributed across four areas:

Major Requirements
Core Requirements
Electives
Upper-Division Course Requirements (45 semester hours)

See the LMU Bulletin for details.

The below major/minor worksheets and four-year plans are great resources for planning ahead. Want to figure out whether you can add a minor and still graduate on time? These tools are great places to start. Review them and have a copy with you to advising appointments to have some professional help thinking through your plans.

After finishing the Economics major, students should be able to:

Explain how incentives determine choices and shape human behavior and outcomes in real‐world situations.
Describe the concepts and models that underlie microeconomics and macroeconomics.
Discuss the structure, development, and impact of economic institutions.
Evaluate ethical concerns about economic analyses and policy, such as efficiency, fairness, equity, and individual freedom.
Perform causal inference using data and statistical analysis, in particular econometrics, to analyze and understand real‐world problems.
Apply mathematical skills, including calculus, to understand economic problems.
Design, solve, and interpret models that describe, explain, and address economic problems.
Communicate economic ideas, theories, and evidence effectively in oral and written form.

Founded in 1911, LMU is a top-ranked national university rooted in the Catholic, Jesuit, and Marymount traditions. We are committed to fostering a diverse academic community rich in opportunity for intellectual engagement and real-world experience. We enroll an academically ambitious, multicultural, and socioeconomically diverse student body.

We recruit, retain and support a diverse faculty committed to excellence in teaching, research, scholarship and creativity. Our three campuses are rooted in the heart of Los Angeles, a global capital for arts and entertainment, innovation and technology, business and entrepreneurship.

Our Jesuit And Marymount Traditions

LMU is institutionally committed to Roman Catholicism and takes its fundamental inspiration from the combined heritage of the Jesuits, the Marymount Sisters, and the Sisters of St. Joseph of Orange. We invite persons of diverse in talents, interests, and cultural backgrounds to enrich our educational community and advance our mission of the encouragement of learning, education of the whole person, and the service of faith and promotion of justice.

Our Mission

Loyola Marymount University offers rigorous undergraduate, graduate, and professional programs to academically ambitious students committed to lives of meaning and purpose.

We benefit from our location in Los Angeles, a dynamic city that brings into sharp focus the issues of our time and provides an ideal context for study, research, creative work, and active engagement. By intention and philosophy, we invite persons diverse in talents, interests, and cultural backgrounds to enrich our educational community and advance our mission:

The encouragement of learning
The education of the whole person
The service of faith and the promotion of justice

The University is institutionally committed to Roman Catholicism and takes its fundamental inspiration from the combined heritage of the Jesuits, the Religious of the Sacred Heart of Mary, and the Sisters of St. Joseph of Orange. This Catholic identity and religious heritage distinguish LMU from other universities and provide touchstones for understanding our threefold mission.

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Los Angeles Branch

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Economics (Major BA)

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