Lebanese American University

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B.S. in Economics

The Bachelor of Science in Economics aims to give students a good foundation in theoretical and applied economics. Students are prepared to work, immediately after graduation, in business, in gov-ernment and finance, or to pursue graduate studies in: economics, business, law, public administration, international relations, and re-lated fields. The Program consists of up to 40 credit hours in Eco-nomics courses, plus 15, or 18, credit hours in a chosen track.

The Mathematics track allows students to deepen their knowledge of mathematics, in preparation for graduate work in economics, or any other quantitatively oriented field such as mathematical finance.

The Political Science track imparts deeper knowledge of political sci-ence, and international affairs, preparing students for careers in gov-ernment, and international organizations, or for graduate work in: international political economy, law, public policy, and international affairs.

The Finance track allows students to immediately take career posi-tions in business, and to pursue graduate work in: finance, interna-tional finance, and banking.

The Management track prepares students for careers in manage-ment positions, and human resource development, and, prepares them for graduate work in: personnel and organizational economics, management information technologies, and MBA.

Major Learning Outcomes

Graduates in the Bachelor of Science in Economics will be able to do the following:

  1. To apply theoretical, and quantitative, reasoning to address economic and social issues.
  2. To solve economic problems, and assess the merits of eco-nomic policies, using the appropriate methodology, and com-municate their decisions effectively.
  3. To possess an understanding of their ethical, and social, responsibilities in a multi-cultural marketplace.
  4. To have an understanding of the impact of economic policies on the global business operations.

Plan of Study

Economics — All tracks: 37 - 40 credits.

Number Course Cr
ECO201Microeconomics3
ECO202Macroeconomics3
ECO305Intermediate Microeconomics3
ECO306Intermediate Macroeconomics3
ECO311Economic Development3
ECO321Monetary Theory and Policy3
ECO330Introductory Econometrics3
ECO331Econometrics Lab3
ECO401International Economics3
ECO402Advanced Topics in Economics3
ECO410Mathematical Methods for Economics 3
ECO422Public Finance and Fiscal Policy3
ECO499Senior Study — Economics3
STA201Business Statistics*3

*Not a requirement for Track III (Mathematics)

Track I (Finance): 18 credits.

Number Course Cr
ACC201Accounting I3
ACC202Accounting II3
FIN301Managerial Finance3
FIN302Financial Institutions and Markets3
FIN311Banking Operations3
FIN411Security Analysis & Portfolio Management3

Track II (Management): 18 credits.

Number Course Cr
ACC201Accounting I3
ACC202Accounting II 3
MGT201Introduction to Management3
MGT301Organizational behavior3
plus
MIS211Management Information Systems I3
MGT441Human Resource Development3
or
MIS211Management Information Systems I3
MIS212Management Information Systems II3

Track III (Mathematics): 15 credits.

Number Course Cr
MTH201Calculus III3
MTH301Linear Algebra3
MTH304Differential Equations3

And any two of the following courses:

Number Course Cr
MTH206Calculus IV3
MTH207Discrete Structures 3
MTH303Numerical Methods 3
MTH306Non-Linear Dynamics & Chaos3
MTH309Graph Theory3
MTH498Topics in Mathematics 3

Track IV (Political Science/International Affairs): 15 credits.

Number Course Cr
POL201Introduction to Political Science 3
POL312Politics of Developing Areas 3
Plus any three upper-level courses in Political Science/International Affairs.

2008/8/5
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