"Economics has as its purpose firstly to acquire knowledge for its own sake, and secondly to throw light on practical issues. But though we are bound, before entering on any study, to consider carefully what are its uses, we should not plan out our work with direct reference to them."
"The theory of economics is a method rather than a doctrine, an apparatus of the mind, a technique of thinking which helps its possessor to draw correct conclusions”
"Rates of growth of real per capita GDP are diverse, even over sustained periods. ... Is there some action a government of India can take that would lead the Indian economy to grow like Indonesia's? If so, what exactly?
The consequences for human welfare involved in questions like this are simply staggering: Once one starts to think about them, it is hard to think about anything else."
A Catholic University should "train truly Christian leaders in the different spheres of human activity, and in society, especially in politics, economics, science, art and philosophical reflection."
"Rates of growth of real per capita GDP are diverse, even over sustained periods. ... Is there some action a government of India can take that would lead the Indian economy to grow like Indonesia's? If so, what exactly? The consequences for human welfare involved in questions like this are simply staggering: Once one starts to think about them, it is hard to think about anything else."
Robert Lucas, 1995 Nobel Prize Recipient
CURRICULUM
The Economics program offers a major and a minor.
The Minor in Economics
A minor in economics can be combined with other majors in the University and provides an excellent foundation for careful and ethical thinking about social and business problems. The Minor in Economics consists in six courses. The required courses are ECON 201, ECON 202, and ECON 315. For the three electives, students can choose any other three economics courses.
Required Major Courses
- ECON 201 Principles of Macroeconomics
- ECON 202 Principles of Microeconomics
- ECON 230 Statistics for the Social Sciences
- ECON 301 Intermediate Macroeconomics
- ECON 302 Intermediate Microeconomics
- ECON 315 Catholic Social Teaching
- ECON 490 Senior Seminar: Applied Economic Theory
Elective Major Courses (three required)
- ECON 310 History of Economic Thought
- ECON 316 Market, State, and Institutions
- ECON 332 Strategic Thinking and Game Theory
- ECON 403 Introduction to Econometrics
- ECON 415 Special Topics in Economics
- ECON 420 Economics and Ethics of Development
- ECON 421 International Macroeconomics
- ECON 430 Labor Economics and the Economics of Poverty
- ECON 433 Industrial Organization and Public Policy
For a complete Four Year plan please see the Academic Catalogue