2019-2020 BSC Catalog

ACADEMIC PROGRAMS
71
Minor Requirements
The following courses are required (6 units):
five units from the following:
CHN 101
CHN 102
CHN 201
CHN 202
CHN 270
CHN 290
one unit from the following:
CHN 300
CHN 310
More than half of the courses counting toward the minor must be taken at Birmingham-
Southern College. Students may enroll in a 200-level course by passing the equivalent
placement test and with the consent of the professor.
Economics
Bachelor of Science
Guangjun Qu, Kathleen Greer Rossmann
Economics is the study of how societies use and allocate scarce resources and create
systems for producing, distributing and consuming the goods and services that the
members want. The structure and dynamics of these systems are the focus of economics
and analysis is conducted at multiple levels from the behavior of individuals through the
operation of the global system. Economists employ theoretical and empirical tools to
understand decisions made by consumers, producers, workers, employers, investors,
governments, and countries. Microeconomics focuses on individual decisions, such as
how much time to devote to work, leisure, and school, and how much money to spend,
save, and invest. Macroeconomics deals with aggregate outcomes, such as effectiveness
of fiscal and monetary policies, growth and development strategies, and the distribution
of income across countries.
Students majoring in economics will acquire an understanding of the basic tools of
the discipline: theoretical models and quantitative methods. Students will develop the
capacity to use these tools to assess the effects of policies, and to critically evaluate
research practice and conclusions. An economics major provides a firm foundation for a
career in public policy analysis, banking, finance, market analysis, business
management, or teaching, and for graduate study in economics, business, public policy,
and law.
Upon completion of the economics major, students will be able to
• demonstrate logical analysis using empirical economic theories
• engage in observation and inference from data and apply statistical methods
Birmingham-Southern College Catalog 2019-2020