​​​​​​​​​​​​​​Program Description

How can individuals stretch their income for maximum purchasing power? How can business efficiently use materials and labor in order to stay competitive in a global marketplace? How will government decisions affect the nation’s economy? In CMU’s economics program, you’ll tackle these questions and gain a better understanding of supply and demand, consumption of goods and services, and inflation and recession.

Put Your Degree to Work

Career opportunities include:

  • Economist
  • Economics teacher
  • Economic analyst
  • Market and survey researcher
  • Financial manager
  • Financial analyst
  • Management analyst
  • Purchasing manager

​U.S. Bureau of Labor Statistics sample data

JobMedian PayJob Growth through ​2022​
Economist$91,860 per year14% (2,300 more jobs)
Market research analyst$60,300 per year32% (131,500 more jobs)
Financial manager$109,740 per year9% (47,100 more jobs)

For More Information

Visit the economics website or contact:

Business Student Services Center
Grawn Hall 113
Email: cba@cmich.edu
Phone: 989-774-3124

Program Overview

The course listings below are a representation of what this academic program requires. For a full review of this program in detail please see our official online academic bulletin AND consult with an academic advisor. This listing does not include the General Education courses required for all majors and may not include some program specific information, such as admissions, retention, and termination standards.

(Click on the course name or number for a complete course description.)

Economics Major

Total: 37 semester hours Note: MTH 130 is a prerequisite for STA 382QR.
Required Economic Courses
(15 hours)
ECO 201
Principles of Macroeconomics
3
ECO 202
Principles of Microeconomics
3
ECO 306
Money and Banking
3
ECO 365
Intermediate Microeconomic Theory
3
ECO 370
Intermediate Macroeconomic Theory
3
Required Mathematics Courses
(4 hours)
Select one of the following:
MTH 132
Calculus I
4
MTH 217
Business Calculus
4
Required Statistics Courses
(3 hours)
Select one of the following:
ECO 285
Statistical Methods in Economics
3
STA 282QR
Introduction to Statistics
3
STA 382QR
Elementary Statistical Analysis
3
Electives
(15 hours)
Select 15 hours of ECO courses; 6 hours of ECO courses must be numbered 300 or above, and a maximum of 3 hours of ECO courses at the 100 level.