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Economics

Economics

Program Description

Learn why businesses, individuals and governments make the decisions they do about taxes, competition, investment, interest rates, international trade and more. With an Economics degree from AUM you’ll be trained in practical skills that are much in demand and that will give you an extraordinary degree of career flexibility and versatility. Choose from careers in banking, government, consulting, financial planning, management, finance, insurance, law, higher education and many other industries.

You’ll concentrate your studies in one of three areas:

  • General Economics
  • International Economics and Commerce
  • Political Economy

Points of Pride

  • Each year, the Economics Department gives out at least $13,000 in scholarships.
  • The Economics Department hosts an annual Economic Forum at which distinguished business correspondents, economists, and businesspeople speak on contemporary financial topics.
  • The Economics Club is one of the most active clubs on campus and has regular meetings with speakers that address student’s current and future concerns, such as credit ratings, retirement planning, student loan debt, internships, and employment opportunities.
  • Economics Club members have met with the president of the Chicago Federal Reserve, the vice president of the Atlanta Federal Reserve, Senator Richard Shelby in Washington, D.C., and world-renowned neurosurgeon and former presidential candidate Dr. Ben Carson.
  • In 2016, Economics Club members traveled to Europe where they visited the European Central Bank and Frankfurt Stock Exchange, toured the Bank of England, met with an economist from the London School of Economics Center for Systemic Risk, and received training and certification at the London Stock Exchange. The club also is active in local community projects.

Put Your Degree to Work

Note: While salaries vary depending on several factors including your level of experience, education and training, and geography and industry, here is a sampling of the future job growth and salaries in this area.

A degree in Economics leads to a wide array of jobs in government and business. Job growth in all the life, physical, and social science occupations is projected to be 7 percent from 2014 to 2014, about average for all occupations. The most recent median annual wage for the life, physical and social science occupations was $61,450 — higher than the median annual wage for all occupations.


U.S Bureau of Labor Statistics sample

Jobs

Median Pay

Job Growth through 2024

Economist

$95,710 per year

6% (1,200 more jobs)

Market research analyst

$61,290 per year

19% (92,300 more jobs)

Financial manager

$115,320 per year

7% (37,700 more jobs)

For More Information

Department of Economics
Auburn University at Montgomery
Clement Hall 320G
334-244-3986
atucke24@aum.edu

Soaring Warhawks

  • Fernando Sedano, Ph.D., is an economist at Morgan Stanley.
  • Arben Skivjani is an economic forecaster at the Center for Business and Economic Research at the University of Alabama.
  • Danielle Kelly is a project manager at Airbus Group.
  • Electra Henry is CEO of Theraquatics.com.
  • Michael Johnson is an attorney at Rabaleis Unland LLP.
  • Onisha Murray is an acquisition program manager at Gunter Air Force Base.
  • Erin Gillie is a student support adviser at 2U, an educational technology company.
  • Fellycia Kirana is an account manager at Regions Bank in Atlanta, GA.
  • Tomas Ptacek is an investment advisor at UK Trade & Investment in Prague, the Czech Republic.

Program Overview

The course listings below are a representation of what this academic program requires. For a full review of this program in detail, please see our official online catalog AND consult with an academic advisor. This listing does not include the core curriculum courses required for all majors and may not include some program-specific information, such as admissions, retention and termination standards.

Course sampling specific to the Economics major includes:


Course #

Course Name

Course Description

ECON 3700

Economic Analysis and Methods

This course introduces students to topics in linear algebra and multivariable differential calculus suitable for economic applications. Students will also be introduced to basic econometric theory and applications to economics issues. Topics to be covered are linear algebra, differential calculus.

ECON 4100

Intermediate Macroeconomics

Studies aggregate forces in an economy that seeks the goals of full production, full employment, price stability and growth. Topics include economic growth, the business cycle, issues in monetary and fiscal policy, balance of payments and exchange rate analysis. Prerequisite ECON 2020.

ECON 4110

Intermediate Microeconomics

The study of how prices, output and size of plant are determined within varying economic market organizations. Prerequisite ECON 2010.

ECON 4800

Senior Seminar in Economics

Economic analytical methods are applied to important economic issues confronting society. Students will employ theory and methods learned in previous Economics classes. The course will assess students’ ability to employ economic reasoning in discussions, written exercises and reports, and in-class presentations. Writing Intensive Course.

Traditional Economics option: 3000/4000 Economics Electives (9 semester hours)

Electives — 3000/4000 level electives from COB, PP&J, Arts & Science or MATH 1610 and higher (30 semester hours)

 

Course sampling specific to International Economics and Commerce includes:

Course #

Course Name

Course Description

ECON 4050

International Institutions and Contemporary Trade Policy

 

ECON 4700

International Economics

 

Economics Electives – ECON 3050, ECON 3520, ECON 4200 (3 semester hours)

Foreign Language – (8 semester hours)

Electives — 3000/4000 level electives from COB, PP&J, Arts & Science or MATH 1610 and higher (21 semester hours)

 

Course sampling specific to Political Economy includes:

Course #

Course Name

Course Description

ECON 3500

Labor Economics

A theoretical and institutional examination of the labor market, including wage theories, unionism, the economics of collective bargaining and problems of insecurity. Prerequisite ECON 2020.

ECON 4650

Public Finance

A study of principles of taxation, government expenditures and fiscal policy in the American economy. Prerequisite ECON 2010.

POLS 4280

International Political Economy

Explores the relationship between politics and economics in the modern international political economy, and the theories developed to explain the content and evolution of the international economic system. Focus is on trade, monetary, financial, and production relations.

POLS Electives – 3000/4000 level (6 semester hours)

Electives — 3000/4000 level electives from COB, PP&J, Arts & Science or MATH 1610 and higher (30 semester hours)