Mansfield University Senate - CANs

From:	Academic Affairs Committee	Date:	October 24, 2007
This is a bulletin from the Academic Affairs Committee concerning proposed curricular actions. Please forward any comments or concerns in the next 10 days to the AAC chair, Premalatha Junius, G04C Belknap Hall, ext. 4588.

Curricular Action Notice: Program Change Department: Business and Economics 1. Rationale for change: Since the Economics major will be eliminated many of the course offerings will be eliminated as well. This will make it impossible to complete the ECO minor as it now stands. This redesigned minor also explicitly recognizes the natural combination of Economics & Finance. 2. Old Degree and Program Title: Minor in Economics New Degree and Program Title: Minor in Economics & Finance List all changes: i) Replace ECO 3302 Intermediate Microeconomics with ECO 4485 Managerial Economics ii) Add FIN 3312 Financial Markets & Institutions as a required course. iii) Add a choice of ECO 3333 International Economics or FIN 3333 International Finance iv) Change the electives from 9 credits of ECO electives to 6 credits of 3xxx or higher ECO or FIN electives v) Increase total credits from 18 s.h. to 21 s.h. vi) Update course prefixes to be consistent with the new Business Program 3. Program Description for Catalog (if changed): The Department of Business & Economics offers a minor in Economics and Finance to all students who complete the requirements. The minor, while not a degree program, is designed to broaden and expand student understanding of Economics and Finance. These topics provide very marketable skills in any business or business-related program of study. 4. Program Objectives (if changed): Expand and deepen student understanding of economics and finance in a global economy. Requested Date to be Offered: Fall 2008 Old: Minor in Economics 18 s.h. ECO 1101 – Principles of Macroeconomics ECO 1102 – Principles of Microeconomics ECO 3301 – Intermediate Macroeconomic Theory or ECO 3302 – Intermediate Microeconomics Plus 9 credits electives from ECO New: Minor in Economics & Finance 21 s.h. ECO 1101 – Principles of Macroeconomics ECO 1102 – Principles of Microeconomics FIN 3312 – Financial Markets and Institutions ECO 3301 – Intermediate Macroeconomic Theory Or ECO 4485 – Managerial Economics ECO 3333 – International Economics Or FIN 3333 – International Finance Plus 6 credits of 3xxx or higher electives from ECO or FIN