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DEPARTMENT OF ECONOMICS
Chairperson: Kwadwo Bawuah, Box 9046, Room 120B, Harris Hall,
Phone: 524-5363
Professor: Kwadwo Bawuah
Associate Professor: Maxwell Eseonu, Ceslav Ciobanu
Assistant Professor: Richard Omotoye, Jae-Kwang Hwang, Young Dimkpah
Description and Mission of Department
Economics is the study of allocation of scarce resources, choices, and opportunity costs. Economic and financial principles underlie the operations and behavior of consumers, business firms, financial institutions, and governments in a domestic and global environment. Familiarity with these principles equips one to understand, predict, control, and react rationally to the changing economy. The Economics curriculum is designed to provide the practical and theoretical tools of analysis that permit one to solve real-world problems, as well as to understand broad economic and financial forces and institutions operating in the United States and the global arena. Majors follow a curriculum that develops a strong foundation in analytical, verbal, and written skills. These are of great use in themselves, but they also prepare students for a lifetime of learning after graduation. The program offers students job opportunities in business, finance, and government.
Objectives of the Department
To see that our students have a competitive advantage in the market, the Department has set the following objectives.
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to foster development of requisite conceptual and analytical skills to apply economic and financial knowledge to contemporary domestic and global business, financial institutions, government, and social and political issues,
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to provide both theoretical and practical knowledge of U.S. business and financial institutions and public policy as well as alternative global institutions,
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to apply computer knowledge and skills in solving business, economic and financial problems through the application of economic and financial models,
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to sensitize and increase students understanding and participation in research and community service, an
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to prepare students for career opportunities in business, finance, and government or for graduate study in business, economics, finance, government, law, and related fields.
The Department offers a Bachelor of Science and Art degrees in the framework of liberal arts. The Liberal Arts option permits students a more individualized course of study with courses from within and outside the School of Liberal Arts and Education in such areas as Criminal Justice, Finance, Marketing, and Political Science.
Majors in Liberal Arts option qualify for an attractive range of career opportunities in financial institutions, businesses, and governmental institutions. Recent graduates have taken diverse positions as budget analyst, bank analyst, mortgage analyst, insurance underwriter, personnel officer, project manager, sales, and teaching. Professional programs, such as law, public administration, and business management look favorably on these concentrations as providing an excellent foundation for advanced study.
Majors may minor in Finance, Criminal Justice, Marketing, Management, Political Science, Public Administration, and Sociology. Students must take 18 hours in their respective minor programs. Students must take 18 hours in their respective minor programs. The minor courses must be at 300 levels or higher.
The minor program in Economics is designed to give students from other programs in the University the opportunity to diversify and complement their educational experience through a minor in economics. The program is especially recommended for students majoring in Criminal Justice, Marketing, Management, Political Science, Public Administration, and Sociology. It consists of 18 credit hours spread between nine hours of core courses and the remaining nine hours in any of the 300 level or higher elective courses in economics.
The program consists of careful elaborate mix of from other Departments and economics courses. It is designed to provide students with the opportunity to develop the logical, analytical, and other foundation skills necessary for successful undertaking a law school program.
Other Departmental Information
The Department also offers a Master of Arts degree with the option of a minor Public Administration. See the Graduate Catalog for complete information on this program.
Administrative Systems Management
(formerly Business Education)
Description of Program/Mission
The mission of the Administrative Systems Management program is to prepare competent administrative managers who will enter positions in industry, government, and business as contributing members of an education workforce in the state and the nation. The program seeks to provide preparation for managing administrative and information processing activities of organizations. Several career paths are available to graduates of the program. A second major option provides preparation leading to certification as a secondary school business teacher.
The Administrative Systems Management Program provides courses to:
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prepare students for careers in administrative systems management and business teaching,
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provide opportunities for development of leadership ability,
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serve local and regional professional communities through provision of courses, workshops, and seminars designed (a) to strengthen existing knowledge and skills, (b) to provide for acquisition of additional and new competencies, and (c) to provide development and analysis tools for administrative systems problem solving.
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prepare students for graduate study in business education or other areas of business or education.
Business Teacher Certification
Administrative Systems Management (ASYM) students may pursue the business teaching endorsement option that leads to certification for teaching business subjects at the secondary school level. Students will complete generic and specialized (ASYM) areas of professional studies as well as field experience and student teaching. Students should consult with advisers for more details regarding course requirements.
Students seeking certification as business teachers must maintain the requisite grade-point average (2.5), take required examinations and receive satisfactory scores in order to be admitted into the Professional Education Program, and satisfy other state and university teacher education requirements. Careful consultation with ASYM advisors is suggested. Also see Special Academic Programs—Professional Teacher Education.
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