Applied Economics
Bachelor of Science Degree
The Bachelor of Science program in Applied Economics is a comprehensive course of study that prepares students for careers in business, financial institutions, national, state, and local government, public and private research organizations and nonprofit organizations. Consistent with the mission of the College, the program trains students to be real-life problem solvers so that upon graduation they are ready to be employed in entry and junior-level positions in business and industry, the public sector, and non-profit sector.
Graduates will have the skills and abilities to meet the diverse needs of regional, national, and international employers in both the private and public sectors, working in occupations such as entry-level economist, quantitative analyst, business analyst, financial analyst, regional planner, manager, and research analyst. The program exposes students to a broad spectrum of economic concepts and applications, providing them with a strong background from which to pursue graduate study in economics and the social sciences, business and finance, law, public administration, journalism, and education.
Students must complete 60 hours in the liberal arts (inclusive of the general education core). In their first two years of the program, students will complete their general education requirements including mathematics, the two introductory courses in economics, and begin to take courses in the economics core.
The program culminates with a capstone course sequence of Economics Research and Reporting followed by Applied Economic Analysis/Senior Project. In the first course, students receive extensive instruction in the methods and techniques of economic research and report writing, including data and statistical analysis, and the generation and presentation of reports for the general public. Students, in Applied Economic Analysis/Senior Project are asked to undertake, complete, and present the results of an applied research project.
Typical Employment Opportunities:
Market Research Analysts
Quantitative Analysts for National, State, Local Governments
Financial Analysts for Banks and Other Financial Institutions
Budget Analysts
Insurance Agent
Data Analysts
Applied Economics (BS) Program Outcomes:
- Graduates will be able to understand basic economics principles, important economic issues, and major economic institutions.
- Graduates will be able to comprehend economic concepts and analytical techniques and apply them to a wide variety of economic issues and problems of the U.S. and world economies.
- Graduates will be trained to read and understand economic literature.
- Graduates will have the opportunity to compile and analyze complex economics data to address real-life economics issues.
- Graduates will be trained to write economics reports and present economic analysis in comprehendible terms.
Admission to Farmingdale State College - State University of New York is based on the qualifications of the applicant without regard to age, sex, marital or military status, race, color, creed, religion, national origin, disability or sexual orientation.
Contact Information
Economics
Dr. Xu Zhang
Business Building, Room 204
934-420-5260
economics@farmingdale.edu
Monday-Friday 8:30am-5:00pm
Fall 2024
Subject to revision
| College Requirement | (1 credit) |
| FYE 101 First Year Experience* | 1 |
| Liberal Arts and Sciences | (36 credits) |
|---|---|
| EGL 101 Composition I: College Writing (GE) | 3 |
| EGL 102 Composition II: Writing About Literature | 3 |
| Communication- Oral (GE) | 3 |
| Humanities (GE) | 3 |
| The Arts (GE) | 3 |
| US History and Civic Engagement/World History and Global Awareness(GE) | 6 |
| World Languages (GE) | 3 |
| ECO 156 Principles of Economics - Macro (GE) | 3 |
| ECO 157 Principles of Economics - Micro (GE) | 3 |
| Natural Sciences and Scientific Reasoning (GE) | 3 |
| MTH 110 Statistics (GE) | 3 |
| Additional Required Courses | (10-11 credits) |
| MTH 129 Precalculus or MTH 117 Precalculus with Applications | 4 |
| Social Sciences Electives (ANT, POL, PSY, SOC) | 6 |
| Required: Economics | (33 credits) |
| ECO 250 Quantitative Analysis for Economics | 3 |
| ECO 260 Intermediate Microeconomics OR ECO 262 Managerial Economics | 3 |
| ECO 270 Intermediate Macroeconomics OR ECO 255 Money and Banking | 3 |
| ECO 380 Econometrics | 3 |
| ECO 490W Economic Research and Reporting | 3 |
| ECO 491 Applied Economic Analysis /Senior Project | 3 |
| Upper level Economics Electives (300 level and above) | 15 |
| Additional Electives | (41 credits) |
| Additional free electives | 41 |
| Total Credits: | 120-121 |
Curriculum Summary
*FYE 101 First Year Experience is required for all first time full time students
Degree Type: BS
Total Required Credits: 120-121
Please refer to the General Education, Applied Learning, and Writing Intensive requirement
sections of the College Catalog and consult with your advisor to ensure that graduation
requirements are satisfied.
As a part of the SUNY General Education Framework, all first-time full time Freshman
at Farmingdale State College (FSC) beginning Fall 2023, are required to develop knowledge
and skills in Diversity: Equity, Inclusion, and Social Justice (DEISJ). Students will
be able to fulfill this requirement at FSC by taking a specially designated DEISJ
course that has been developed by faculty and approved by the DEISJ Review Board.
DEISJ-approved courses may meet other General Education Knowledge and Skills areas
and/or core competencies and thus be dually designated. DEISJ-approved courses may
also earn other special designations such as those for Applied Learning or Writing
Intensive.
| 1. Students must take at least two 400 level Economics electives |
| 2. Students must receive an overall GPA of 2.0 or better in the major |