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Economics
Calvin's economics graduates are equipped to further God's kingdom in the fields of business, finance, law, government, health policy, higher education and more. Economists help us understand the patterns and principles that determine the trajectory of our current economy.
Overview
Calvin's economics program is consciously founded on Christian values and competes with the best undergraduate programs in the country. It offers courses in a variety of topics related to economics, including money and banking, public finance, environment and natural resources, emerging international economies, human resources, healthcare, urban growth, government and world poverty.
Students majoring in many areas, such as political science, business, mathematics, pre-law, international development or public health often find a second major or minor in economics extremely beneficial in reaching their full potential.
The Calvin economics department is one of the largest and most distinguished Christian economics departments in the country. All full-time faculty have PhDs in their fields from top graduate programs and work with students on today's pressing issues related to health care, development, education, sustainable business practices, banking and public policy.
Careers in Economics
- Investment Analyst
- Real Estate Broker
- Savings and Loan Associate
- Marketing Researcher
- Healthcare Analyst
See job placement rates for Calvin grads.
Student involvement
Participate in the Econ Club; Join Calvin business forum or Global Business Brigades; Intern at a local non-profit organization through the Cormenius Scholars Program; Assist a professor in summer research through the McGregor Undergraduate Research Fellowship.
Course Requirements 2012-13
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Current students please download your course catalog for complete degree requirements.
Economics major
Prerequisite for admission to the economics majors or minors is a minimum grade of C (2.0) in Economics 221.
(35-37 semester hours)
- ECON-221 Principles of Microeconomics
- ECON-222 Principles of Macroeconomics
- ECON-325 Managerial Economics/Intermediate Microeconomics
- ECON-326 Business Cycles and Forecasting/Intermediate Macroeconomics
- ECON-343 Research Methods
- One from:
- ECON-395 Economics Seminar
- Two additional from:
- ECON-330 Urban Growth and Development
- ECON-331 Money and Financial Markets
- ECON-334 Competition and Market Performance
- ECON-335 Human Resource Economics
- ECON-337 World Poverty and Economic Development
- ECON-338 International Trade and Finance
- ECON-339 Government Finance and Public Policy
- ECON-343 Research Methods
- ECON-345 Advanced Topics in Microeconomics
- ECON-346 Advanced Topics in Macroeconomics
- Two electives from economics or business courses
Cognates
(9 semester hours)
- One pair:
- One from:
- IS-171 Computing with Spreadsheets
Economics minor
(19-20 semester hours)
- ECON-221 Principles of Microeconomics
- ECON-222 Principles of Macroeconomics
- One from:
- Three from (including at least one 300-level course):
- ECON-232 Environmental and Natural Resource Economics
- ECON-237 Regional Economies of the World
- ECON-241 Health Economics and Health Policy
- ECON-325 Managerial Economics/Intermediate Microeconomics
- ECON-326 Business Cycles and Forecasting/Intermediate Macroeconomics
- ECON-330 Urban Growth and Development
- ECON-331 Money and Financial Markets
- ECON-334 Competition and Market Performance
- ECON-335 Human Resource Economics
- ECON-337 World Poverty and Economic Development
- ECON-338 International Trade and Finance
- ECON-339 Government Finance and Public Policy
- ECON-343 Research Methods
- ECON-345 Advanced Topics in Microeconomics
- ECON-346 Advanced Topics in Macroeconomics
- Students are encouraged to organize the additional four courses for the economics minor, after taking ECON-221 and ECON-222, according to their area of academic interest as follows:
Concentrations
Finance
- ECON-326 Business Cycles and Forecasting/Intermediate Macroeconomics
- Three from:
Human Resources
- ECON-325 Managerial Economics/Intermediate Microeconomics
- Three from:
International and Global Study
- One from:
- Three from:
Marketing
- ECON-325 Managerial Economics/Intermediate Microeconomics
- Three from:
MBA Preparation
- ECON-325 Managerial Economics/Intermediate Microeconomics
- ECON-326 Business Cycles and Forecasting/Intermediate Macroeconomics
- ECON-343 Research Methods
- One from:
- ECON-241 Health Economics and Health Policy
- ECON-325 Managerial Economics/Intermediate Microeconomics
- ECON-326 Business Cycles and Forecasting/Intermediate Macroeconomics
- ECON-330 330 Urban Growth and Development
- ECON-331 Money and Financial Markets
- ECON-334 Competition and Market Performance
- ECON-335 Human Resource Economics
- ECON-337 World Poverty and Economic Development
- ECON-338 International Trade and Finance
- ECON-339 Government Finance and Public Policy
- ECON-343 Research Methods
- ECON-345 Advanced Topics in Microeconomics
- ECON-346 Advanced Topics in Macroeconomics
Operations Management
- ECON-325 Managerial Economics/Intermediate Microeconomics
- ECON-343 Research Methods
- Two from:
- ECON-232 Environmental and Natural Resource Economics
- ECON-326 Business Cycles and Forecasting/Intermediate Macroeconomics
- ECON-330 Urban Growth and Development
- ECON-334 Competition and Market Performance
- ECON-339 Government Finance and Public Policy
- ECON-345 Advanced Topics in Microeconomics
- ECON-346 Advanced Topics in Macroeconomics
Public Administration and Policy
- ECON-325 Managerial Economics/Intermediate Microeconomics
- ECON-326 Business Cycles and Forecasting/Intermediate Macroeconomics
- Three from:
Quantitative Analysis
- ECON-325 Managerial Economics/Intermediate Microeconomics
- ECON-326 Business Cycles and Forecasting/Intermediate Macroeconomics
- ECON-343 Research Methods
- One from:
Small Business
- One from:
- Three from:
Scholarships
Dollar amounts reflect awards given for the 2012-13 academic year.
- Edward W. Berends Memorial Scholarship
-
- award amount: $2,400; $4,800
- junior or senior
- GPA of 3.0+
- financial need considered; demonstrate leadership potential
- apply through the Calvin Portal
- Business as Mission Scholarship
-
- award amount: $3,500
- junior or senior
- GPA 2.5+
- financial need required; planning to go on the off-campus 3rd world development program
- application available from the international development studies departmentin the spring term
- Business/International Development Scholarship
-
- award amount: N/A
- junior or senior
- GPA 2.5+
- financial need required; participate in an off-campus semester program in a developing country
- application available from the international development studies departmentin the spring term
- DeVos Business Scholarship
-
- award amount: $1,650
- first-year
- HS GPA 3.3+
- financial need required; first-generation college student
- automatic consideration
- Laurie Ellen Mervenne Scholarship for Women in Economics
-
- award amount: $5,500
- female, junior or senior
- GPA of 3.0+
- financial need required; preference to those who "dream big and think out of the box"
- apply through the Calvin Portal
- Myrna Suparta - Bernard Huang Scholarship
-
- award amount: $5,000
- junior or senior
- financial need required; be an international student
- apply through the Calvin Portal
- John and Marian Vanden Berg Family Scholarship
-
- award amount: $2,100
- any class level
- GPA 2.5+
- financial need required; participation and leadership out of the classroom
- apply through the Calvin Portal
- Lyle and Barbara (Duimstra) Voskuil Family Scholarship
-
- award amount: $2,600
- junior or senior
- GPA of 3.0+
- financial need required; preference to those interested in international and global relationships
- apply through the political science department or the economics department
- Vrieland Family Business and Music Scholarship
-
- award amount: $2,400
- any class level
- HS or Calvin GPA 3.0+
- financial need not required; involved in some aspect of music
- automatic consideration
Faculty
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