Economics

The concentration in Economics is comprised of four courses beyond the foundation micro/macro sequence. Microeconomics (SME2031) is taken as part of the SME curriculum, and Macroeconomics (ECN 2000) may be taken any time before students enroll in the capstone “ASM” course. Students planning to concentrate in Economics, or include Economics as part of a double concentration, are strongly urged to take Macroeconomics in the sophomore or junior year in order to be eligible to take advanced economics electives.

Students concentrating in Economics will choose either ECN 3615 (Money, Banking and the Economy) or ECN 3655 (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.

Sponsored by: Economics

Faculty Contact: Jessica Simon

Required Courses

At least one (1) course should be taken from the following group:

• ECN 3615 Money, Banking and the Economy
• ECN 3655 Managerial Economics

Elective Courses

Choose a minimum of three (3) of the following:

*For students electing to take both ECN 3615 and ECN 3655, a minimum of two (2) must be selected.

• ECN 3620 Econometrics
• ECN 3625 Economic and Political Integration in the European Union
• ECN 3630 Industrial Organization and Public Policy
• ECN 3645 Business and Economic Policy in Developing Countries
• ECN 3650 Contemporary Economic Systems
• ECN 3660 International Trade Theory and Policy
• ECN 3662 Political Economy of Latin American Development and Underdevelopment
• ECN 3663 Economics of Education
• ECN 3665 International Finance
• ECN 3667 Strategic Game Theory
• ECN 3671 Economics of the Labor Market
• ECN 3675 Environmental Economics Policy and Analysis
• ECN 3677 Regional Economies: Prospects and Tensions in Latin America’s Southern Cone

Courses Suggested But Not Required

• EPS 3511 Financing Entrepreneurial Ventures
• FIN 3520 Security Valuation
• FIN 3560 Financial Markets and Instruments
• FIN 4530 Investments
• MKT 3550 Consumer Behavior
• MKT 4560 Global Marketing Management
• MOB 3560 Global Strategic Management
• MOB 4510 Strategic Decision Making
• QTM 3625 Financial Simulation
• QTM 2670 Cryptology/Coding/Theory
• SCN 2410 Environmental Technology
• SCN 2420 Biotechnology
• SCN 2430 Electronic Technology
• ACC 3510 Financial Planning & Cost Control

If you plan to study abroad: Please note that only two courses taken abroad may be used to satisfy a Babson Economics Concentration and must have a Babson equivalent course code as listed below or ECN 565%. These courses must be approved through the Glavin Office of International and Multicultural 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.