Econ class

Economics

Economics is a broad discipline that includes examining issues of scarcity; decisions about production, distribution, and consumption; and behavioral responses to incentives in all areas of life. The study of economics touches many fields including finance, healthcare, education, the environment, sports, labor and household decisions, and public policy. The economics major provides you with a background for careers in business, government, economics, law, public administration, planning, as well as preparation for graduate study.

Curriculum

For students who entered Moravian University before fall 2022, please see your advisor for major curriculum requirements.

Economics Major

Moravian’s curriculum provides a basic foundation in economic analysis and an understanding of economic institutions. Students choose one of three tracks: Managerial, Public Policy or Quantitative Economics.

  • ACCT 157: Financial Accounting
  • ECON 152: Principles of Economics
    • Prerequisites: second semester freshman standing; ALEKS score of 40  -OR- MATH 108 with a C- or better
    • Minimum grade:  C- or better 
  • ECON 156: Economic and Business Statistics  -OR-  MATH 107: Elementary Statistics
    • Minimum grade:  C- or better 
  • FIN 231: Managerial Finance
    • Prerequisites: ACCT 157, ECON 152, ECON 156 -OR-  MATH 107
  • ECON 225: Intermediate Microeconomics
    • Prerequisites: ECON 152, ECON 156, -OR-  MATH 107 and MATH 108
  • BUS 155: Business and Society
    • Prerequisites: Freshman or sophomore standing
  • MATH 108: Functions and Derivatives
    • Prerequisites: ALEKS score of 40
    • Minimum grade:  C- or better 
  • BUS 252: Using Data in Business Decision Making
    • Prerequisites: MATH 108, BUS 155, ECON 156 -OR-  MATH 107

Managerial Economics Track

The managerial economics track prepares students for careers in management with a focus on production, consumption, and operations decision-making. Students studying in this track will learn about optimizing product pricing, quality, and design decisions under a variety of market structures. Students completing this track will be prepared for management and consulting careers.

The Managerial economics curriculum provides a basic foundation in economic analysis and an understanding of economic institutions.

  • ECON 220: Money, Banking and Financial Markets
    • Prerequisites: ECON 152
  • ECON 226: Intermediate Macroeconomics
    • Prerequisites: ECON 156 -OR-  MATH 107, ECON 220
  • ECON 256: Applied Econometrics
    • Prerequisites: ECON 156 -OR-  MATH 107
  • ACCT 213: Managerial Accounting
    • Prerequisites: ECON 156 -OR-  MATH 107, ACCT 157
  • ECON 236: International Economics OR ECON 228: Development Economics
    • Prerequisites: ECON 152
  • ECON 327: Labor Economics OR ECON 329: Industrial Organization
    • Prerequisites: ECON 225
  • ECON 330: Public Economics (WI)
    • Prerequisites: ECON 225
  • BUS 324: Operations Management
    • Prerequisites: ECON 156 and 2 of (ACCT 213, FIN 231, MKTG 251, BUS 253)

Fall Year 1

  • BUS 155
  • MATH 108/MATH 191

Spring Year 1

  • ECON 152
  • ACCT 157

Fall Year 2

  • ECON 156
  • ECON 220

Spring Year 2

  • FIN 231
  • ECON 226

Fall Year 3

  • ECON 225
  • ECON 228 or ECON 236

Spring Year 3

  • BUS 252
  • ACCT 213

Fall Year 4

  • ECON 327 or ECON 329
  • ECON 256

Spring Year 4

  • BUS 324
  • ECON 330

Public Policy Economics Track

The public policy economics track prepares students for policy analyst roles in governmental and nonprofit agencies.  Students studying in this track will learn the fundamental economic theories and apply them in a variety of policy arenas, including: health, sustainability, economic development, discrimination, and income inequality.  Students completing this track will be prepared for careers as policy analysts in a variety of contexts.

  • ECON 220: Money, Banking and Financial Markets
    • Prerequisites: ECON 152
  • ECON 226: Intermediate Macroeconomics
    • Prerequisites: ECON 156 -OR-  MATH 107, ECON 220
  • ECON 256: Applied Econometrics
    • Prerequisites: ECON 156 -OR-  MATH 107
  • ECON 236: International Economics OR ECON 228: Development Economics
    • Prerequisites: ECON 152
  • ECON 211: Health Economics (U1)
    • Prerequisites: ECON 152
  • ECON 240: Environmental Economics and Policy OR ECON 241: Natural Resource Economics and Policy
    • Prerequisites: ECON 152
  • ECON 327: Labor Economics OR ECON 329: Industrial Organization
    • Prerequisites: ECON 225
  • ECON 330: Public Economics (WI)
    • Prerequisites: ECON 225

Fall Year 1

  • BUS 155
  • MATH 108/MATH 191

Spring Year 1

  • ECON 152
  • ACCT 157

Fall Year 2

  • ECON 156/MATH 107
  • ECON 220

Spring Year 2

  • FIN 231
  • ECON 226

Fall Year 3

  • ECON 225
  • ECON 228 or ECON 236

Spring Year 3

  • BUS 252
  • ECON 211

Fall Year 4

  • ECON 256
  • ECON 327 or ECON 329

Spring Year 4

  • ECON 240 or ECON 241
  • ECON 330

Quantitative Economics Track

The quantitative economics track prepares students for graduate school and policy analysis roles, in addition to quantitative-based consulting careers.  Students studying in this track will explore the underlying mathematical models inherent in decision-making analyses across a variety of policy and business contexts.  Students completing this track will be prepared for data analyst careers and graduate school in economics or other data analytics fields.

  • ECON 220: Money, Banking and Financial Markets
    • Prerequisites: ECON 152
  • ECON 226: Intermediate Macroeconomics
    • Prerequisites: ECON 156 -OR-  MATH 107, ECON 220
  • ECON 256: Applied Econometrics
    • Prerequisites: ECON 156 -OR-  MATH 107
  • MATH 170:  Analytical Geometry and Calculus I
    • Prerequisites: Placement by the department
  • MATH 171: Analytical Geometry and Calculus II
    • Prerequisites:  MATH 170 with grade of “C” or better
  • MATH 220: Linear Algebra OR MATH 230:  Mathematical Methods in Operations Management
    • Prerequisites:  MATH 171
  • ECON 327: Industrial Organization
    • Prerequisites: ECON 156, ECON 225
  • ECON 330: Public Economics (WI)
    • Prerequisites: ECON 225

Fall Year 1

  • MATH 108/MATH 191
  • MATH 170

Spring Year 1

  • BUS 155
  • ECON 152
  • MATH 171

Fall Year 2

  • ACCT 157
  • ECON 156/MATH 107

Spring Year 2

  • BUS 252
  • ECON 225

Fall Year 3

  • ECON 256
  • ECON 220

Spring Year 3

  • ECON 226
  • MATH 220 or MATH 230

Fall Year 4

  • ECON 327
  • FIN 231

Spring Year 4

  • ECON 330

The Minor in Economics

For students with a major outside of the School of Business and Economics, the Economics minor consists of the following five (5) courses: ECON 152, ECON 156, ECON 225 OR ECON 226, and two (2) ECON elective courses at the 200-level or higher.

For students with a major within the School of Business and Economics, the Economics minor consists of five (5) Economics courses.

Note: Students in the School of Business and Economics may not double count any courses between the major and the minor.

Program Highlights

Students

4+1 Program

The 4+1 program provides our undergraduate students the opportunity to earn two degrees in one stop. Couple your undergraduate degree with any one of our four business master’s degrees. How? You’ll begin taking graduate-level courses in your senior year to help you transition into a full, final year of graduate studies.

Intern

Internships

An internship is an opportunity to apply theory to practice. It’s a chance to gain perspective on what you learned in the classroom, self reflect, and 'try it out' before graduation. Moravian students have interned at all of the Big 4 accounting firms as well as other national and regional organizations including Independence Blue Cross and Disney World. Moravian students have also interned at amazing Lehigh Valley-based companies including Air Products, B Braun Medical, Boys and Girls Club of Bethlehem, Crayola, and many more. Moravian University is well connected in the community and ongoing business partnerships continue to expand internship opportunities.

SOAR student

Research

Students in all areas of study are encouraged to participate in research and explore their passions at Moravian. Opportunities consist of the Honors Program, InFocus, and Student Opportunities for Academic Research (SOAR).

Student travel

Study Abroad

Sophomore year is the perfect time for a study abroad opportunity, or, as we like to call it, a “Global Greyhound Trip.” The Elevate experience includes a faculty-led trip to one of our featured destinations—the Czech Republic or Costa Rica—at no extra cost to students!

Career Opportunities

The economics major provides an excellent background for careers in business and government. Students can become analysts, consultants, entrepreneurs, economic researchers, managers, and marketers. They are also well-equipped to pursue advanced degrees in business and law. For more information, visit aeaweb.org/resources/students/careers.

Internship & Employer Highlights

  • Air Products
  • Amazon
  • Baker Tilly
  • B Braun Medical
  • Concannon Miller
  • Deloitte
  • Disney World
  • EY
  • Federal Reserve Bank of Philadelphia
  • Independence Blue Cross
  • KPMG
  • Moravian University
  • PPL
  • St. Luke’s University Health Network
  • Olympus

Learn more about Internship Opportunities:

Visit the Center for Career and Civic Engagement

Clubs and Organizations

Amrhein Investment Club

The Amrhein Investment Club provides students with a hands-on learning experience in the field of investments by actively managing a part of the University endowment. Members of the club manage four portfolios with an aggregate value of over $4.0 million. They meet weekly to discuss current holdings and to present ideas for future purchases or sales of stocks and bonds. The club competes in national competitions and also sponsors trips to the New York Stock Exchange and other financial venues.

Omicron Delta Epsilon: The Economics Honors Society

Omicron Delta Epsilon is one of the world’s largest academic honor societies. To be eligible to  join, Moravian students must meet the following criteria: 

  • Junior or senior standing
  • Three courses in economics: ECON 152, ECON 225 or 226, and one more 200- or 300- level economics course, excluding internship courses
  • Grade point average in economics of 3.0 or more
  • Grade point average overall of 3.0 or more

Contact

Eva Marikova Leeds
Professor of Economics
School of Business and Economics 
610-861-1446 | leedse@moravian.edu

Office of Admission
610-861-1320
admission@moravian.edu

 

The School of Business and Economics is a member of the Accreditation Council for Business Schools and Programs (ACBSP).