Sponsored by:
Faculty Contact: Neal Harris
*Faculty contacts serve as "advisors" to those students who have an interest in the given concentration. You should feel free to contact these faculty with questions.
The concentration in Economics is comprised of four courses beyond the foundation Micro/Macro sequence. Microeconomics (ECN2312) is taken as part of the MCE curriculum, and Macroeconomics (ECN2300)may be taken any time before students enroll in the capstone “ASM” course. If a student is planning a concentration in Economics, or plans a double concentration that includes Economics, he or she is strongly urged to take Macroeconomics in the sophomore or junior year in order to be eligible to take advanced economics courses.
Students concentrating in Economics will choose either ECN3615 (Money, Banking and the Economy) or ECN3655 (Managerial Economics) as the foundation for the concentration, and then select three more economics electives based on personal or career interests. Within the concentration, students may focus on one of several sub-concentrations including macro-financial, international and development.
If you plan to study abroad: Please note that only two courses taken abroad may be used to satisfy a Babson Economics Concentration. These courses must have been approved by the Office of International Programs in advance. All other economics courses must be taken at Babson.
If you are planning to use a course taken abroad to satisfy the requirement that would normally be fulfilled by taking the Babson course, ECN 3615 (Money, Banking and The Economy), please be aware that some study-abroad courses do not include an international trade and foreign exchange component. If you register for such a course, you will be required to take either ECN 3665 (International Finance), or ECN 3610 (Intermediate Macroeconomics) in order for your study-abroad course to be accepted toward an Economics Concentration.
Required Courses:
Choose 1:
ECN3615- Money, Banking and the Economy
ECN3655- Managerial Economics
Economics Electives (from which students must select a minimum of 3):
For students electing to take both ECN3615 and ECN3655, a minimum of two must be selected from the following:
ECN3610- Intermediate Macroeconomics
ECN3620- Econometrics
ECN3625- Business Environment of the New Europe
ECN3630- Industrial Organization and Public Policy
ECN3631- Scams and Frauds in Business
ECN3635- Technological Entrepreneurship and the Market Economy
ECN3636- Understanding the 08-09 Financial and Economic Crises from the Inside Out and Outside In
ECN3642- Arctic Economics: Environment and Seasonality (course will only be offered in Spring 2010)
ECN3645- Business and Economic Policy in Developing Countries
ECN3650- Contemporary Economic Systems
ECN3660- International Trade Theory and Policy
ECN3662- Political Economy of Latin America
ECN3665- International Finance
ECN3666- The Economics of Competitive Strategy
ECN 3667- Strategic Game Theory
ECN 3670 - Role of Government in Market Economy
ECN 3675 - Environmental Economics Policy and Analysis
ECN 3676 - Competitiveness Challenges of New Europe
Non-economics electives (suggested as possible additional coursework, but not required) include, but are not limited to, the following course listings.
Appropriate links to the economics concentration are also shown below. | Course # | Course Name | Link with Economics |
| EPS3511 | Financing Entrepreneurial Ventures | Money and banking/macroeconomics |
| EPS3575 | Intro to Social Enterprise Management | Institutional economics |
| FIN3520 | Security Valuation | Money and banking/macroeconomics |
| FIN3560 | Financial Markets and Instruments | Money and banking/macroeconomics |
| FIN4530 | Investments | Money and banking/macroeconomics |
| MKT3550 | Consumer Behavior | All microeconomics courses/demand theory |
| MKT4560 | Global Marketing Management | Competitive strategy/game theory |
| MOB3560 | International Business Enterprise | Competitive strategy/game theory |
| MOB4510 | Strategic Decision Making | Competitive strategy/game theory |
| QTM3625 | Financial Modeling | Economic model building |
| QTM2670 | Cryptology/Coding/Theory | Competitive strategy/game theory |
| SCN2601 | Technology In America's Future | Technology, entrepreneurship and the market process |
| SCN2410 | Environmental Technology | Technology, entrepreneurship and the market process |
| SCN2420 | Biotechnology | Technology, entrepreneurship and the market process |
| SCN2430 | Electronic Technology | Technology, entrepreneurship and the market process |
| ACC3510 | Financial Planning & Cost Control | Managerial economics and industrial organization |
| ACC4510 | Management Plan & Control | Managerial economics and industrial organization |
| LAW3690 | European Union Vs United States | All international economics courses |
| LVA2429 | Post Colonial Lit & Film | Political economy of Latin America |
| HSS2403 | Latin American History | Political economy of Latin America |