Economics and Management Department
Economics
For Course Offerings and Program Requirements see The Hiram College Catalog.
1. Which courses are for first year students who wish to explore new areas of interest, but have no clear intent to major in this area?
Economics 201: Principles of Microeconomics
2. What is the desirable course work a prospective major/minor should complete by the end of their first year and the end of their second year?
Majors:A prospective Economics major should try to complete the Economics 201 and 202 sequence, Management 218 and Math 198 and 108 by the end of the second year. An additional elective course or two in Economics would be desirable.
Minors:Someone could conceivably complete an Economics minor starting in the junior year; however a planned approach would be to take Econ. 201 and Econ 202 in the 1st or 2nd year and pace the remaining three courses.
3. What is the minimum a prospective major/minor must do by the end of their first and second year?
Majors:At the minimum a prospective major should complete Economics 201 and 202 and Management 218 by the end of their second year.
Minors:A prospective minor should take at least Economics 201 and preferably one elective course by the end of their second year.
4. How important is it for a student with some interest in majoring in your area to make contact with a member of your department?
Contact with a faculty member is very important for course selection and an opportunity to discuss the economics major and the several focuses available in the major as well as career, graduate school, and professional school opportunities.
5. What are the major pitfalls a student should avoid during their first year and how can an advisor help the student to avoid them?
All students with strong analytical skills and three to four years of good high school mathematics are encouraged to enroll in Economics 201 as an introduction to the discipline. A student with less analytical ability and less high school math should consider strengthening their mathematics skills, graphical skills before enrolling in Economics 201. They would be encouraged to enroll in any of several elective courses we offer without prerequisites.
Management
For Course Offerings and Program Requirements see The Hiram College Catalog.
1. Which courses are for first year students who wish to explore new areas of interest, but have no clear intent to major in this area?
Mgmt 218: Organizational Behavior
Mgmt 255: Principles of Marketing
Mgmt 225: Financial Accounting
Econ 201: Principles of Microeconomics
2. What is the desirable course work a prospective major/minor should complete by the end of their first year and the end of their second year?
1st Year 2nd year
Majors Mgmt 218: Organizational Behavior Econ 201: Economic Issues
Math 197: PreCalculus Mgmt 225: Financial Acct
Mgmt 255: Marketing
Minors Mgmt 218: Organizational Behavior Mgmt 225: Financial Acct.
Or Mgmt 255: Marketing
3. What is the minimum a prospective major/minor must do by the end of their first and second year?
1st Year 2nd year
Majors: May begin in second year Mgmt 218: Organizational Behavior
Mgmt 225: Financial Acct.
Mgmt 255: Marketing
Math 197: PreCalculus
Minor: a prospective minor could begin the minor in the junior year
4. How important is it for a student with some interest in majoring in your area to make contact with a member of your department?
Personal contact with a faculty member in the department is extremely important for course selection and career mentoring. Most students should begin to think about internships early, and a faculty member in the department can help with this.
5. What are the major pitfalls a student should avoid during their first year and how can an advisor help the student to avoid them?
Not enrolling in a management course early just to see it it’s actually what interests him/her. Students often come to college and plan to major in management because they have been told that they will be able to get a job. Students need to determine for themselves if management is a viable major for them and also to see other majors as equally viable.
Taking only management courses. Concentrating coursework in management creates a narrow view of management that is contradictory to the goals of the major.
Major- International Focus-The department offers an international focus which must be combined with either an Economics or a Management major.
1. Which courses are for first year students who wish to explore new areas of interest, but have no clear intent to major in this area?
Economics 201: Principles of Microeconomics, or Management 218: Organizational Behavior
2. What is the desirable course work a prospective major/minor should complete by the end of their first year and the end of their second year?
Majors: A language up to the 103 level in their first year and Economics 201, Management 218, Management 225: Financial Accounting, and Management 340: International Management by the end of their second year.
Minors: Students are encouraged to consider an International Studies minor to complement the major.
3. What is the minimum a prospective major/minor must do by the end of their first and second year?
Majors: A language up to the 103 level, Economics 201 and Management 218.
4. How important is it for a student with some interest in majoring in your area to make contact with a member of your department?
Contact with a faculty member is very important to explain the requirements for the focus and to assist in course selection (particularly electives). Copies of the requirements for the focus are always available on the bulletin board between Hinsdale 112 and Hinsdale 111. Students are encouraged to take advantage of the Study Abroad opportunities available.
5. What are the major pitfalls a student should avoid during their first year and how can an advisor help the student to avoid them?
Students should do coursework in a foreign language the first year.