Birmingham-Southern College Catalog 2017-2018
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ACADEMIC PROGRAMS
CAC 320
CAC 410
MA 240
MA 305 or PH 305
MA 317
MA 454
MFS 220
MFS 221
MU 154
PL 241
PL 253
PY 370
The following courses have additional pre-requisites not included in the major: AC 444,
MA 305, MA 317, MA 454, PH 305, and PY 370.
Minor Requirements
The following courses are required (5 units)
CAC 170
CAC 180
CAC 430
one additional unit in CAC at the 200 level
one additional unit in CAC at the 300 level
Courses required to fulfill minor or major requirements in other disciplines can be used to
fulfill CAC major requirements.
Economics
Bachelor of Science
Javier E. Portillo, Guangjun Qu, Kathleen Greer Rossmann
Economics is the study of how societies use and allocate scarce resources and create
systems for producing, distributing and consuming the goods and services that the
members want. The structure and dynamics of these systems are the focus of economics
and analysis is conducted at multiple levels from the behavior of individuals through the
operation of the global system. Economists employ theoretical and empirical tools to
understand decisions made by consumers, producers, workers, employers, investors,
governments, and countries. Microeconomics focuses on individual decisions, such as
how much time to devote to work, leisure, and school, and how much money to spend,
save, and invest. Macroeconomics deals with aggregate outcomes, such as effectiveness
of fiscal and monetary policies, growth and development strategies, and the distribution
of income across countries.
Students majoring in economics will acquire an understanding of the basic tools of