General Remarks The objective of the major is to stimulate students intellectually; to immerse them in worlds of learning; and to graduate them as citizens with strong written and oral communications skills, the capacity to research, criticize and reflect, and the ability to work independently and collaboratively. Upon successful completion of the Economics program of studies the students will be able to:
• Demonstrate abstraction capacities to balance the simplification models against the relevance in problem solving
• To demonstrate ability to work from assumptions and to make logical arguments
• Identify and recognize relationships between different economic variables and to present them in aggregate model
• Show an understanding of the global issues
• Integrate the knowledge’s acquired in other sciences like mathematics, statistics finance, computing, management, econometrics etc. to create a better perspective for the economic forecasting
• Pursue post-graduate studies in advance directions of Applied Economics. 

List of Courses

 

General Education – 34 credits
All students must complete the SUNY/ESC general education requirements.

Course

Credits

Prerequisite

1

Composition I

3

TOEFL > 530

2

Composition II

3

Composition I

3

College Algebra

3

4

Trigonometry 

1

5

Environment and Economics

3

Composition I

6

1 Social Science course

3

Composition I

7

US History II

3

Composition I

8

World History I or II

3

Composition I

9

Other World Civilizations

3

Composition I

10

History of Economic Theories and Systems

3

Microeconomics, Macroeconomics

11

1 Art course

3

Composition I

12

Computer Applications

3

UNYT Concentration Prerequisites – 55 credits

Course

Credits

Prerequisite

1

Statistics I

3

College Algebra

2

Statistics II

3

Statistics I

3

Calculus I

4

College Algebra & Trigonometry

4

Calculus II

4

Calculus I

5

Linear Algebra

3

College Algebra

6

Ordinary Differential Equations and Numerical Methods

4

Calculus II

7

Probability Theory

3

Calculus II

8

Introduction to Microeconomics

3

Microeconomics

9

Introduction to Macroeconomics

3

Comp I, College Algebra

10

Economics of EU

3

Comp I, College Algebra

11

Social and Economic Development

3

Introduction to Macroeconomics

12

Financial Accounting

3

Comp I, College Algebra

13

Managerial Accounting

3

Financial Accounting

14

Corporate Finance

4

Composition II, Managerial Accounting

15

Money & Banking

3

Introduction to Macroeconomics

16

Advanced Research & Writing

3

Composition II

17

Introduction to Speech Communication

3

Composition I

Foreign Language(s) and Electives – 7 credits
Electives may be taken at UNYT and /or ECS. Recommended:

Economic Geography
Principles of Management
Cost Accounting

Empire State College Concentration Courses – 32 credits

Course

Credits

1

Intermediate Microeconomics (pre: Introduction to Macroeconomics, senior status)

4

2

Intermediate Macroeconomics (pre: Introduction to Macroeconomics, senior status)

4

3

Industrial Economics (pre: Introduction to Macroeconomics, senior status)

4

4

Public Economics (pre: Introduction to Macroeconomics, senior status)

4

5

International Economics (pre: Introduction to Macroeconomics)

4

6

Econometrics (pre: Statistics II)

4

7

Applied Economics: Modelling and Forecasting (pre: Econometrics)

4

1 ESC elective OR Internship OR Senior Project (pre: upper senior status) based on availability:

Risk Management (pre: Corporate Finance and upper senior status)

 4

Investing (pre: Corporate Finance, Money & Bankingand upper senior status)

 4

Investment Banking (pre: Corporate Finance, Money & Banking and upper senior status)

 4

Project Management (pre:Principles of Management and senior status)

4

TOTAL 128 CREDITS