Economics

H-E-B School of Business and Administration

Overview
Economics provides the guiding principles for most business disciplines, and so students of Business Economics prepare themselves to follow a wide variety of career paths.  Economic analysts are employed by departments of marketing, accounting, finance, human resources, and others.

To fulfill the requirements for the concentration in Business Economics, students must complete the following:

A. 12 semester hours of required Economics courses:

ECON 3320	Econometrics
ECON 3340	Public Finance
ECON 4310	International Economics
ECON 4350	Latin American Economics

B. 9 semester hours from the following courses in applied Economics:

ACCT 3311	Intermediate Accounting I
BFIN 3325	Money and Capital Markets
BMKT 3361	International Marketing
BMGT 4355	Organizational Behavior and Leadership

Financial Economics

Financial economists help firms evaluate investment opportunities and raise funds for operational requirements or expansion.  They track and price risks inherent in the firms’ activities.  Financial economists work in banks as personal financial advisors and wealth managers.  A financial economist with a Ph.D., or with an MBA and significant experience, may serve as a teacher and researcher in academic institutions.

To fulfill the requirements for the Financial Economics concentration, students must complete the following:

• 12 semester hours of required Economics courses:

ECON 3320	Econometrics
ECON 3340	Public Finance
ECON 4310	International Economics
ECON 4350	Latin American Economics

 

B. 9 semester hours from the following finance courses:

BFIN 3310	Principles of Financial Planning
BFIN 3322	Intermediate Financial Management
BFIN 3324	Investment Planning
BFIN 3325	Money and Capital Markets

Suggested four year degree plan:

Financial Econ. - Four Year Degree Plan

International Economics

Students of International Economics prepare to work in companies that conduct business in other countries, serving as analysts of international markets, currency exchange, tariffs, and other international issues.  International economists pursue careers in government, international management, finance and consultation, and journalism. 
To fulfill the requirements for a career in International Economics, students must complete the following:

A. 12 semester hours of required economics courses:

ECON 3320	Econometrics
ECON 3340	Public Finance
ECON 4310	International Economics
ECON 4350	Latin American Economics

 

B. 9 semester hours from the following courses:

ACCT 3345	International Accounting
BFIN 3355	International Banking and Finance
BMKT 3361	International Marketing
BLAW 4320	International Business Law
BINT 4390	International Policies and Relations

C. Semester Abroad Option.  As an alternative to (B), students may fulfill the requirements for a career in International Economics by studying one semester at the University of Monterrey (UDEM) in Monterrey, Mexico.  UIW students will take the following two courses and an additional two courses from one of the specializations listed below.  

ECON 1160	Micro Economy I
ECON 1530	Analysis of Macroeconomic Models

• Specialization in International Economics

ECON 1050	Economic Problems in Mexico
ECON 1340	International Business Atmospheres
ECON 1550	International Finance
ECON 2330	International Trade
ECON 2920	Commercial Opportunities with America

• Specialization in Econometrics
  

ECON 2440	Business Forecasts
ECON 2890	Econometrics for Financial Markets
ECON 3070	Econometrics Applied to the Company

• Specialization in Global Business Economics
  

ECON 1180	Pricing Techniques and Strategies
ECON 2440	Business Forecasts
ECON 2860	Administrative Economics
ECON 3050	Economic Environment of Companies

• Specialization in Global Financial Economics
  

ECON 1250	Money and Banking
ECON 1550	International Finance
ECON 2660	Exchange Finance

• Specialization in Development Economics
  

ECON 1050	Economic Problems in Mexico
ECON 1150	Sustainable Development Economy
ECON 2720	Economic Development

Suggested four year degree plan:

International Econ - 4 Year Degree Plan Opt. A

International Econ - 4 Year Degree Plan Opt. B

Political Economy

The Political Economy concentration aims to develop theoretical and empirical understanding of the connections between economics and politics.  Students majoring in Political Science gain an appreciation of the role of economic forces in politics.  Economics majors learn how politics influence economic behavior in the real world.  Students choosing a concentration in Political Economy will be especially well prepared for graduate study in Economics, Political Science or business, and for both academic and non-academic careers in policy analysis, business administration, law, government relations, and other fields. The degree in Political Economy is housed in the Department of Political Science.

Requirements for a concentration in Political Economy:

A. 9 semester hours of required hours in economics:

ECON 2301	Principles of Macroeconomics
ECON 2302	Principles of Microeconomics
ECON 3320	Econometrics

B. 6 elective hours in economics from the following courses:

ECON 3340	Public Finance
ECON 4310	International Economics
ECON 4350	Latin American Economics

C. 6 semester hours required in political science:

POLS 1315	American Politics
POLS 2320	International Relations

D. 6 elective hours in political science from the following courses:

POLS 2375	International Organizations
POLS 4317	Public Policy
POLS 4321	United States Foreign Policy
POLS 4322	National Security Policy
POLS 4323	Politics of Coffee and Sugar
POLS 4355	Politics of Developing Areas
POLS 4363	Political Globalization
POLS 4387	Selected Topics in Comparative Politics/Int. Relations

Requirements for a Minor in Economics:

ECON 2301	Principles of Macroeconomics
ECON 2302	Principles of Microeconomics
ECON 3320	Econometrics
ECON 3340	Public Finance
ECON 4310	International Economics
ECON 4350	Latin American Economics

Suggested four year degree plan:

Political Economic - Four Year Degree Plan

For more information, please contact:

Dr. Michael Forrest
University of the Incarnate Word
4301 Broadway, CPO 17
San Antonio, Texas 78209
(210) 930-8016
mforrest@uiwtx.edu

Business programs in the H-E-B School of Business and Administration are accredited by The Accreditation Council for Business Schools and Programs.

The University of the Incarnate Word is accredited by the Southern Association of Colleges and Schools Commission on Colleges, 1866 Southern Lane, Decatur, Georgia 30033-4097, telephone 404-679-4500, Web site: www.sacscoc.org.