Economics is the allocation of resources among competing uses. You will study many vital issues that affect human flourishing in the Economics major at SPU, while emphasizing on a Christian perspective on society’s decisions about how to organize the production and distribution of goods and services. The Economics major at SPU emphasizes critical thinking, original research, and the stewardship of scarce resources to enhance human flourishing.
Find out more about this program’s mission, vision, and learning outcomes.
You will study many vital issues that affect human flourishing in the Economics major at SPU. This major emphasizes development and financial economics, with a focus on decision making, resource stewardship, and policy for allocation and distribution of resources and production. Economics is vital to understanding the firm as a system, and also the broader interaction of firms and households with the macro economy and political institutions.
- A minimum 66 credits are required for this major, including 39 upper-division credits.
- You may choose a general track, or you may choose one of three concentration options by completing 15 elective credits within that particular discipline.
- You must meet the major requirements in effect at the time of your admittance to the major
- You must have a minimum of 35 credit hours in the major at SPU.
Additional competencies and requirements
Spreadsheet Competency requirement
Demonstration of spreadsheet competency is required of all students graduating with a Business, Accounting, or Economics degree. You can document this by passing BUS 1700 or by passing the MOS 77-420 exam. For questions regarding the Spreadsheets Competency Requirement, contact Dr. Richard Sleight at sl8@ngskmc-eis.net.
New Majors Dessert attendance
Newly admitted students of Business; Accounting; Economics; Global Development; and Politics, Philosophy, and Economics are required to attend an orientation event typically held in February each year. Admission to the major is conditional upon attendance.
Apply to the major
You are required to make formal application and be admitted to the Economics major prior to enrollment in most Upper Division courses. Admission is selective and based upon your prior academic performance. You must complete the major requirements in effect at the time you are admitted to the major.
To meet the minimum requirements for application to the major, you must:
- Have attained at least sophomore standing (45 or more college credits).
- Complete at least 15 credits in BUS, ACCT, and ECN at SPU (10 credits for transfer juniors and seniors).
- Have either a 2.70 cumulative GPA and 2.70 major GPA at SPU, or, a 3.0 major GPA. Attainment of the minimum GPA standards does not guarantee admission as the total number of students admitted is limited by capacity.
- Submit an online Major or Minor application December 20-January 20. SBGE does not accept major applications outside this window.
The Economics minor allows you to complement your chosen major with some general economics coursework. A minor in Economics can be of particular value to Political Science majors, or if you are preparing for law school. These requirements also satisfy the requirements for a teaching endorsement in Economics.
- A minimum of 30 credits are required for this minor, including 15 Upper Division credits.
- Acceptance is based upon a minimum Cumulative 2.90 GPA, completion of 5 credits in the minor with a 2.90 GPA, a minimum of 45 quarter credits of coursework complete (sophomore standing), and formal admittance to your primary major.
- SPU requires you to earn at least 15 credits of this minor at SPU, 10 credits of which must be Upper Division credits.
- You are required to make a formal application to this minor, which you may do at any time during the year.
- You must complete the minor requirements in effect at the time you are admitted to the minor.
- This minor is not available to students majoring in Accounting, Business Administration, Economics, Politics, Philosophy, and Economics or other Business minors.
- For questions regarding minors at SBGE, contact Dr. Richard Sleight (sl8@ngskmc-eis.net).