Undergraduate - Clarion University

148 Clarion University of Pennsylvania
College of Business
Administration
Economics
Department of Economics, Rod D. Raehsler, Ph.D., chair
333 Still Hall
Telephone: 393-2627
E-mail address: econ@clarion.edu
Website: www.clarion.edu/econ
Professors: Balough, Sanders, Sohng, Stine, C. Yang; Associate
Professors: Raehsler, L. Smith; Assistant Professor: Woodburne
Economics studies how our society organizes natural
resources, labor, productive assets, and human ingenuity
to produce goods and services. It studies the decisions of
individuals, governments and business firms, as they attempt
to use their scarce resources in the most efficient way.
Clarion’s Bachelor of Science in Business
Administration (B.S.B.A.) in Economics provides a variety
of business skills. It combines economics courses with other
beginning and advanced business courses. The following
five program tracks have been designated: monetary
economics, quantitative economics, international
economics, urban and public affairs, and general economics.
Students select the track that is consistent with their interests
and personal goals. Students from this program have been
successful in graduate school, and in a range of careers
immediately after graduation. A number of positions are
open to economics graduates. A minor in Economics is also
offered, which complements most business majors.
The Economics Department at Clarion has an
exceptionally high Ph.D. coverage, and its low studentfaculty
ratio for majors promotes high-quality instruction
and personal attention. Economics is organized within the
College of Business Administration, whose elite AACSB
accreditation guarantees exceptional preparation in both
economics and related subjects. Internships tailored to
students’ specific requirements can be arranged with banks,
businesses, and other institutions. Located in Still Hall,
the department has excellent classroom and computer
facilities. Within individual courses, students are introduced
to simulation and calculation on computers using a variety
of software packages and databases, including a number
developed specifically for economics classes at Clarion
University.
Associated with the Economics Department are the
Political Economy Club and the Omega chapter of Omicron
Delta Epsilon, the international honor society in Economics.
In addition to the Business Economics major listed
below, the department offers students a major in economics
in the Bachelor of Arts program of the College of Arts and
Sciences.
BUSINESS ECONOMICS (B.S.B.A.) ................................. 24 credits
Required: ECON 311, six credits in 300- or 400-level
elective courses in economics or other business courses (may
include BSAD 241), fifteen credits in economics from one
of the following tracks:
MONETARY ECONOMICS TRACK ..................................... 15 credits
Required: ECON 361, 370, 371. Two additional economics
courses or one economics course and FIN 476.
QUANTITATIVE ECONOMICS TRACK................................ 15 credits
Required: ECON 323, 410, 470 and two additional
economics courses.
INTERNATIONAL ECONOMICS TRACK .............................. 15 credits
Required: Three of the following four: ECON 312, 361,
363, 461. Any two additional economics courses or any one
additional economics course and MGMT 426.
URBAN AND PUBLIC AFFAIRS TRACK .............................. 15 credits
Required: ECON 314, 342, 351. Two additional economics
courses or one additional economics course and PS 375.
GENERAL ECONOMICS TRACK ....................................... 15 credits
Required: Five courses in economics to be selected in
consultation with and approved by the student’s advisor.
ECONOMICS (MINOR) .................................................... 18 credits
The minor in economics is available to students with any
major from any college, including those in the College of
Business Administration.
Required: ECON 211, 212, 310, 311. Six additional credits
in 300- or 400-level economics courses selected in
consultation with the student’s minor advisor.
International Business
International Business is a multidisciplinary major
within the Bachelor of Science in Business Administration
(B.S.B.A.) degree that enhances the student’s knowledge
of the international environment within which United States
and multinational businesses operate.
The major not only adds courses in international
business and economics to the basic business administration
core, but also includes international cultural coursework,
language competency, and international experience
requirements.
Clarion’s International Business major provides a
curriculum that helps prepare students for careers in
business, industry, and government in paths such as
international securities analysis, economic development,
global marketing, multinational finance, management of
global enterprises, and many more. It also develops the skills
needed for effective interaction with foreign businesses and
government officials. Many of our faculty members travel
regularly internationally to teach or consult including
teaching in Russia and China and bring the benefit of their
expertise to the students in our program.
The international experience requirement for the major
can be met in one of several ways. Our international travel
and student exchange experiences regularlly send students
to approximately eight countries each year. Internship
opportunities exist for International Business students in
France, Ecuador, and Germany. The International Business
Program Coordinator works with every International
Business student on an individual basis to provide the type
of international experience that is best suited for that student,
including students with proficiencies in languages other than
the main languages offered at Clarion University.
A minor in International Business is also available to
complement any major.
INTERNATIONAL BUSINESS (B.S.B.A)............................ 24 credits
Required: ECON 361, MGMT 426, select six to nine credits
from the following: ACTG 461, FIN 480, MKTG 469, select
three to six credits (for a total of 18 credits in business