School of Business

B.S. in Economics

The Bachelor of Science in Economics provides students with the foundations of theoretical and applied economics. Students are prepared to work immediately after graduation in business, government and finance, or to pursue graduate studies in economics, business, law, public administration, international relations, and related fields.

To graduate, a student must complete at least 92 credits as follows: 12 credit hours from the Business core requirements, 10 credit hours in Quantitative requirements, 12 credit hours in Economics requirements, 18 credit hours from the Economics elective courses, in addition to 34 credit hours in LAC courses (inclusive of Eco201 and Eco202), and 10 credit hours as free electives.

Career opportunities in Economics:

Plan of study

Business Requirements (12 credits)

ACC203 Financial Accounting 3
ECO340 Economics of Organizations and Management1 3
FIN301 Managerial Finance 3
MKT201 Introduction to Marketing 3

Quantitative Requirements (10 credits)

QBA201 Managerial Statistics 3
ECO304 Mathematical Methods for Economics 3
ECO332 Introductory Econometrics 4

Economics Requirements (12 credits)

ECO201 Micro Economics 3
ECO202 Macro Economics 3
ECO305 Intermediate Microeconomics 3
ECO306 Intermediate Macroeconomics 3

Economics Electives (18 credits)

3 credits from:

ECO344 Economics, Ethics and Philosophy 3
ECO346 Foundations of Political Economy3

And 3 credits from:

ECO311 Economic Development3
ECO333 Comparative Economic Systems 3

And 12 credits from the following courses:

ECO422 Public Finance 3
ECO320 Environmental, Resource and Energy Economics 3
ECO420 Monetary Theory and Policy 3
ECO335 International Economics 3
ECO402 Special Topics in Economics 3
ECO342 Labor and Human Resource Economics 3

Liberal Arts Core Requirements (13 credits)

ARA2—/3— Arabic Language/Literature 3
CSC201 Computer Applications 1
ENG202 Sophomore Rhetoric 3
ENG203 Fundamentals of Oral Communication 3
HLT201 Basic Health 1
PED2— Physical Education 1
ETH201 Moral Reasoning 1

Liberal Arts (LA) Electives (21 credits)

Sciences and Quantitative Reasoning (min 3-max 9)

6 credit hours completed by passing Eco201 and Eco202

Philosophy, Religion, History (3)

3

Literature (3)

3

Arts (3)

3

Free Electives (12 credits)1,2,3

1 Students planning to do graduate work in economics are advised to take at least MTH 201, MTH 301, MTH 304.
2 Students wanting to increase their knowledge in related business fields are advised to choose from the following courses FIN302, FIN 411, FIN 421, MGT441, MGT301, IBS311, HOM321 and FEB301.
3 Students are encouraged also to use this option to do a minor in a related field of study. Options available now at LAU: minor in Business, Mathematics, Political Science, Legal Studies, Actuarial Studies, and Computer Science.


Official Lebanese American University website. Copyright 1997-2013 LAU, Lebanon.
Tel: Beirut: +961 1 786456. Byblos: +961 9 547254. New York Office: (212) 870-2592 | Feedback