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Undergraduate Programs

Bachelor of Arts Degree in Economics

Advisement:  Department of Economics and Statistics

The Bachelor of Arts degree with a major in Economics prepares students to qualify for positions in business and government.  Specific areas include finance, labor, transportation, international trade, banking, and regulatory agencies.  A major in economics also provides a foundation for teaching at the college or high school level, and for entrance into graduate school or law school.

Two options are offered:  the first emphasizes applied economics, and the second, social and behavioral sciences.

Text Box: Students pursuing either the major or minor are urged to complete lower division courses before taking upper division courses.

Requirements for the Major  (76–84 units)

A total of 76-84 units is required for the major, depending on the option selected.  All students complete a 20-unit common core of lower and upper division courses in economics and business plus one of the options to complete remaining degree requirements.

Text Box: Core Requirements (20 units)

Lower Division Required Courses  (12 units)

ECON 201, 202 Principles of Economics I, II  (4, 4)

ECON 209 Applied Business and Economic Statistics I  (4)

Upper Division Required Courses  (8 units)

ECON 303

Money, Banking, and the Economy  (4) 

BUS 305

Business Communications  (4) or

ENGL 306

Technical Writing  (4)

Option Requirements

Students select one of the following two options, comprising 56-64 units, to fulfill requirements for the major.

Option 1:  Applied Economics  (64 units)

This option provides students with applied, more specialized training in economics.  It is recommended for students interested in a career requiring applied business and economic skills.

Lower Division Required Courses (12 units)

ACCT 202

Survey of Accounting  (4)

CIS 100

Business Computer Systems  (4)

MATH 206

Calculus I: Differentiation (4) or

MATH 242

Mathematics for Business and Economics Majors (4)

(ACCT 200AB can be substituted for ACCT 202)

Upper Division Required Courses (24 units)

ECON 401

Mathematical Economics  (4) 

ECON 403

Macroeconomics (4) 

ECON 410

Microeconomics  (4)

ECON 414

Econometrics I  (4) 

ECON 415

Applied Economic and Business Forecasting  (4)

ECON 491

Data Analysis, Reporting and Presentation (4)

(ECON 491 is the capstone course for the program.  Students must take ECON 491 after they have achieved senior standing (completion of 135 units) and have completed all other required upper division option courses)

Elective Field Courses (28 units)

Select 16-20 units of courses from one of the following fields, plus 8-12 additional units of upper division Economics courses, with adviser approval.

Field 1: International Economics

ECON 426

International Political Economy (4)

ECON 460

Economics of Developing Countries (4)

ECON 461

Economics of International Trade (4)

ECON 462

International Monetary Economics (4)

ECON 490

Contemporary Issues in Economic Globalization (4)

Field 2: Public Policy

ECON 350

Economics of Poverty and Inequality in the U.S. (4)

ECON 405

Economics of Regulation and Deregulation  (4)

ECON 430

Labor Economics (4)

ECON 433

Public Finance (4)

ECON 440

Urban and Regional Economics (4)

ECON 472

Labor Relations and Collective Bargaining (4)

Field 3: Financial Economics

ECON 435

Market Indicators and Federal Reserve Policy (4)

ECON 462

International Monetary Economics (4)

FIN 303

Business Finance (4)

FIN 332

Investments (4)

FIN 437

Securities Analysis (4) or

FIN 440

Futures and Options (4)

Field 4: Open Field

A customized combination of 28 units of upper division courses in specific applied area (e.g., urban and regional studies) can be selected based on the student's special interests, with adviser approval.

Option 2:  Social and Behavioral Sciences  (56 units)

This option serves students with interdisciplinary interests in economics and other areas of social and behavioral sciences: anthropology, geography, history, political science, psychology, and sociology;  and American, Chicano, Latin American, Pan-African, and urban studies. 

Lower Division Required Courses (8 units)

ACCT 202

Survey of Accounting  (4)

MATH 242

Mathematics for Business and Economics Majors  (4)

Upper Division Required Courses (12 units)

ECON 309

Applied Business and Economic Statistics II (4)

Select two from the following:

ECON 310, 403, 410

Electives (36 units)

Electives on Economics Issues (16 units)

Select 16 units from the following:

ECON 350, 405, 426, 430, 433, 440, 472, 412 or 471

General Electives  (20 units)

Select 4 upper division units in economics; 8-16 units in other social or behavioral sciences; and 0-8 units in economics, other courses in the College of Business and Economics, or mathematics with adviser approval.

Bachelor of Science Degree in Business Administration with Option in Business Economics

Advisement: Department of Economics and Statistics

Requirements for the Major (100 units)

The BSBA with the option in Business Economics requires the completion of the BSBA Core (72 units) and the Option Requirements (28 units)

Core Requirements (72 units)

Lower Division Required Courses (28 units)

ACCT 200AB

Principles of Accounting I, II  (4,4)

CIS 100

Business Computer Systems (4)

ECON 201, 202

Principles of Economics I, II (4,4)

ECON 209

Applied Business and Economics Statistics I (4)

FIN 205

Legal and Regulatory Environment of Business I (4)

Upper Division Required Courses (44 units)

ACCT 300

Managerial Accounting (4)

BUS 305

Business Communications (4)

CIS 301

Management Information Systems (4)

ECON 309

Applied Business and Economic Statistics II (4)

FIN 303

Business Finance (4)

MGMT 306

Production and Operations Management (4)

MGMT 307

Management and Organizational Behavior (4)

MGMT 308

Business Responsibilities in Society (4)

MGMT 497

Capstone: Global Strategic Management  (4)

MKT 304

Principles of Marketing (4)

Select one from the following:

ECON 303

Money, Banking, and the Economy (4)

ECON 310

Managerial Economics (4)

Option Requirements  (28 units)

This option teaches students  major technical skills and knowledge needed by consulting companies, business corporations, and government agencies for business and economic analyses in a rapidly changing economy.

Required Course (16 units)

ECON 415

Applied Economic and Business Forecasting (4)

ECON 458

Economics of E-Commerce and the Internet (4)

*ECON 491

Data Analysis, Reporting and Presentation (4)

*(ECON 491  is the professional skills course for Economics majors.

Select one course from the following (which ever was not used in the BSBA core):

ECON 303

Money, Banking, and the Economy (4) or

ECON 310

Managerial Economics (4)

Electives  (12 units)

Select 4 units of upper division ECON courses and 8 units of other upper division economics or business courses in the College of Business and Economics, with advisor approval.

Minor in Economics

A minor in Economics is available for students majoring in other fields. A total of 20 units in Economics is required, of which 12 units are in upper division courses and taken in residence at Cal State L.A..  At least 4 upper division units cannot be used for a student's major.

Requirements for the Minor (20 units)

Lower Division Required Courses  (8 units) 

ECON 201

Principles of Economics I (4)

ECON 202

Principles of Economics II  (4)

Electives  (12 units)

Select upper division ECON courses in consultation with major and minor program advisers.  At least 4 units cannot be applied toward a student's major, and the elective requirement cannot be satisfied using ECON 499.  A list of ECON courses that students can take as electives for the minor is available from the Department of Economics and Statistics.

 

Certificate in International Economic Relations

The certificate program in International Economic Relations at California State University, Los Angeles will benefit students to better understand the economic and political factors that influence the global economy.  The certificate will help students pursuing careers in federal or state agencies dealing with international affairs, corporations involved in international business and finance, and in international organizations, foundations, and nongovernment agencies.

At least 28 units are required to be selected with consent of adviser.  Sixteen units in the core and at least 12 units of electives.

Prerequisites: Students in a degree program in the College of Business and Economics OR in a degree program in political science OR with consent of adviser.

Required Core Courses (16 units)

ECON/POLS 426

International Political Economy (4)

ECON 461

Economics of International Trade (4)

ECON 462

International Monetary Economics (4)

POLS 425

U.S. Foreign Policy (4)  or

POLS 427

International Relations (4)

Elective Courses (12 units)

Select from the following:

CHIN 380 or FREN 380 or JAPN 380 or SPAN 380

 

Business/Commercial Chinese, French, Japanese, or Spanish (4)

ECON 460

Economics of Developing Countries (4)

ECON 480

Comparative Economic Systems (4)

FIN 431

Multinational Financial Management (4)

GEOG 341

World Resources (4)

GEOG 455

Political Geography (4)

LAS 424

The U.S. and Latin America (4)

LAS/PAS  360

Dynamics of Social Change in the Third World  (4)

MGMT 462

Comparative Management (4)

MKT 456

International Marketing Management (4)

PAS 416

Pan Africanism and World Politics (4)

POLS 457

Comparative Politics (4)

POLS 450 or 451 or 452 or 453 or 456

 

Politics of Selected Regions (4)

Certificate in Labor Relations

The certificate program in Labor Relations is designed to strengthen the skills of students interested in labor relations careers and to improve access to career opportunities for administrators, mediators, arbitrators, and government and labor officials.

Refer to the Undergraduate Studies: General Information chapter of this catalog for general regulations governing all certificate programs.

Select at least 28 units with consent of an adviser.

Prerequisites:

·     Senior standing in a BS/BA degree program in the College of Business and Economics or

·     Senior standing in a BA degree program in the College of Natural and Social Sciences or

·     Classified graduate standing in master's degree program in the College of Business and Economics

·     and/ or the College of Natural and Social Sciences or

·     Senior standing in BA degree program in Communication Studies or

·     Consent of adviser

Required Core Courses: (16 units)

ECON 430

Labor Economics (4)

ECON 473

Labor Legislation (4) or

HIST 487

History of U. S. Work and Working People (4)

ECON 472

Labor Relations (4)

MGMT 473

Personnel Management (4)

Elective Courses (12 units)

Select from the following:

ECON 403

Macroeconomics (4)

MGMT 474

Compensation Management (4)

MGMT 477

Managing the Staffing Function (4)

POLS 463

Public Personnel Administration (4)

COMM 430

Dynamics of Organizational Communication (4)

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