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Department of Economics
School of Business, Economics and Communication
Professors: M. Abdel Fadil, T. Abdel Malek, G. Amin, A. Beshai, A. El Mawaziny, W. Mikhail, M. Murphy, H.Thompson (Chair)
Assistant Professors: A. Ezz El Arab, H. El-Ramly, S. Green, A.Kamaly ,
N. Rizk, R. Seda, T.Selim
A society's scarce resources are allocated among various production activities and among various consumers. An economy is made up of business producing goods and services for sale, individuals working, receiving income, and spending that income on the goods and services, and government taxing businesses and individuals and providing services not available from the private sector. The methods in which this complex system is organized and coordinated through a series of interrelated markets is the subject of economics. The basic training in these methods is provided in concentration requirements covering economic theory, statistics, econometrics, finance, development, trade, and economic history.
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Bachelor of Arts
The content of the curriculum for the B.A. degree in Economics offers a comprehensive coverage of subjects. The program is designed to prepare students as i) citizens with future influence by virtue of a university degree; ii) future holders of jobs which require training in economics; and iii) future postgraduate students of economics. For the first group, the curriculum offers training in rational thought and the connections between theory and main features of policy. For the second group, the curriculum offers the standard tools of economic analysis and an appreciation of the interdependence of world economies. For the third group, the curriculum, by virtue of its content of research methods and statistics, and econometrics offers entry into M.A. and Ph.D. programs. A holder of the B.A. in Economics from AUC can participate in advanced training on equal basis with undergraduates from major American and British Universities.
A student who intends to major in Economics must complete the following:
- Earn a minimum B grade in ECON 201
- Earn a minimum B grade in ECON 202
- Earn a minimum B grade in ECON 216
- Must complete 24 credit hours with a minimum GPA of 3.0
Should the numbers of students satisfying these requirements exceed or fall short of available places, a subcommittee of the economics unit will screen students for admission.
A total of 120 credits is required for the bachelor's degree in economics:
Core Curriculum (40 credits)
Concentration Requirements (51 credits) |
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ECON |
201 |
Introduction to Economics I, 3 cr. |
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202 |
Introduction to Economics II, 3 cr. |
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216 |
Mathematics for Economists I, 3 cr. |
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218 |
Statistics for Economists, 3 cr. |
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301 |
Macroeconomic Theory, 3 cr. |
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302 |
Microeconomic Theory, 3 cr. |
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316 |
Mathematics for Economists II, 3 cr. |
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318 |
Introduction to Econometrics, 3 cr. |
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403 |
International Trade, 3 cr. |
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MATH |
112 |
Statistical Reasoning, 3 cr. |
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Plus at least two of the following: |
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ECON |
312 |
Economic Development, 3 cr. |
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405 |
History of Economic Thought, 3 cr. |
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414 |
Economics of Egypt, 3 cr. |
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Plus Five other courses in Economics.
Students who plan to pursue graduate studies in economics are strongly advised to take ECON 418 and ECON 425, since these are prerequisites for the master's program.
Collateral Requirements (9 credits) |
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ACCT |
201 |
Essentials of Accounting I, 3 cr. |
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FINC |
303 |
Business Finance I, 3 cr. |
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CSCI |
102 |
Introduction to Computers and their Applications, 3 cr. |
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Electives (20 credits) |
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Minor
The minor in this field of study provides students with an introduction to the fundamental historical, descriptive, and theoretical concepts of the field.
Requirements (15 credits): ECON 201, 202, and three other economics courses, with a minimum of two 300-level courses or above. Not included in the minor are ECON 216, 315, 316. With the approval of the instructor and the unit head, students may substitute other economics courses for credit towards the minor.
Economics Courses (ECON) |
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