International Economics

The major in International Economics prepares students to think critically about economic issues, with special emphasis on international and comparative matters. Greater economic integration and the process of “globalization” of economic and business affairs increasingly call for an international approach to economics education. The growing mobility of people and resources in a world of rapid technological progress in communications requires a greater knowledge and understanding of the differences among people and economic systems that will persist even in an increasingly integrated world. It is no longer possible to limit one’s knowledge to a local reality. An international and comparative approach today is fundamental. In the broader context of a post-Cold-War world, this means that there will be a greater recognition that different types of capitalist systems exist, with diverse organizations and differing performance. In this spirit, the International Economics major gives students a solid background in the fundamentals of economic analysis, while adopting a pluralistic approach to economics education that exposes students to a wide spectrum of theories and systems of thought comprising the different facets of the discipline. Special emphasis is given to economic policy issues and economic institutions. Students are made aware of the institutional differences that exist across countries, of their evolution and reforms, through an appreciation of the institutionally based nature of the market system. In this context, the discipline of economics is presented as a logical, and yet practical and creative field.

CORE REQUIREMENTS (42 Credits)

First Year Seminar
ENG 100 Writing in the Humanities
HIS 100 and HIS 101 Western Civilization, I and II
or
HIS 104 and HIS 105 Global History, I and II
FRE/GER/ITA 100 Introductory Language I
FRE/GER/ITA 101 Introductory Language II
FRE/GER/ITA/SPA 200 Intermediate Language I
FRE/GER/ITA/SPA 201 Intermediate Language II
FRE/GER/ITA/SPA 300 Advanced Language I
FRE/GER/ITA/SPA 301 Advanced Language II
Computer course
Science course
Literature course
Art History or Studio Art or Music course

ACADEMIC TRAVEL (6 Credits)

Participation in six Academic Travel Programs forms part of the graduation requirements for all students at Franklin College (students with advanced standing or transfer coursework entering with 12 – 18 credits must participate in five Academic Travel Programs and those entering with 19 credits or higher must participate in four with remaining credits substituted by electives).

MAJOR REQUIREMENTS (45 Credits)

Lower-division requirements: 21 Credits

Upper-division requirements: 24 Credits

GENERAL ELECTIVES (33 Credits)

Complete eleven courses from any academic discipline.