Academics

Scheduling Courses for Economics Majors

The purpose of this webpage is to give our students more insight into the Economics program at Lake Forest College and to foster a greater ability for students to mold their courses according to their interests and future goals. It is not intended that everyone will follow the schedule below; in fact, most students will not. Rather, the schedule allows students to see how courses fit together and build on each other. It also allows students to see how courses need to be rearranged in order to accomodate another major or a study abroad program.

Following the schedules are electives the department encourages students to consider taking based on their career goals. Also, although internships do not satisfy any requirements for the major, the department offers a variety of internship opportunities which can provide valuable job experience.

Your official course selections will be made in consultation with your advisor. It would be helpful if you printed an advising form (in pdf) and brought it with you when you see your advisor. The advising form allows you to track your GEC requirements as well as your department requirements. The form can also be downloaded as an Excel file.

Suggested Schedule:
This schedule is suggested for students who arrive at Lake Forest College knowing that they wish to pursue an Economics Major. Whenever possible, we suggest students take one course in economics each semester. Unless indicated, the order of courses within a year does not matter.

First Year		ECON 110 Principles of Economics MATH 110 Calculus ECON 180 Quantitative Methods for Economics and Business
Second Year		ECON 210 Microeconomic Theory ECON 220 Macroeconomic Theory
Third Year		ECON Elective One (200 or 300 level) ECON Elective Two (300 level)
Fourth Year		ECON Elective Three (300 level) ECON Senior Seminar (400 level) or Senior Thesis

Suggested Schedule for Late Starters:
This schedule is suggested for students who decide entering their third year that they wish to pusue an Economics Major.

		Fall Semester		Spring Semester
Third Year		ECON 110 Principles of Economics MATH 110 Calculus ECON 180 Quantitative Methods		ECON 210 Microeconomic Theory ECON 220 Macroeconomic Theory
Fourth Year		ECON Elective One (200 level) ECON Elective Two (300 level)		ECON Elective Three (300 level) ECON Senior Seminar (400 level)

Classes of Particular Importance to Future Careers or Areas of Study:
When choosing electives, it is most important that students choose classes that interest them. One should not try to take all of the electives in any particular area. Rather, students who have an interest in pursuing one of the following paths may wish to take one or two electives from the list.

Graduate School in Economics

Economics Electives
ECON 310 Industrial Organization
ECON 330 Econometrics
ECON 430 International Trade Theory & Policy
ECON 440 Advanced Macroeconomics
ECON 480 Social Security, Pension, & Retirement

Other Courses
MATH 111 Calculus II
MATH 210 Multivariable Calculus
MATH 214 Differential Equations
MATH 230 Abstract & Discrete Math
MATH 231 Linear Algebra
MATH 311 Real Analysis
MATH 314 Numerical Analysis
MATH 350 Mathematical Probability
MATH 351 Mathematical Statistics

MBA School

Economics Electives
ECON 313 Money and Banking
ECON 322 Emerging Market Analysis
ECON 365 Multinational Finance & Emerging Markets
ECON 370 Managerial Economics
ECON 415 Corporate Finance
ECON 431 International Finance

Other Courses
BUSN 230 Financial Accounting
BUSN 237 Introduction to Finance
BUSN 330 Intermediate Accounting
BUSN 331 Managerial Accounting
BUSN 380 Investment Analysis
BUSN 385 Options and Futures
BUSN 420 Risk Management
COMM 235 Rhetoric and Speech
MATH 111 Calculus II
MATH 230 Abstract & Disc. Math

Law School

Economics Electives
ECON 260 Law and Economics
ECON 310 Industrial Organization
ECON 340 Environmental & Natural Resources
ECON 350 Public Finance
ECON 420 Labor in American Economy
ECON 480 Social Security, Pensions, & Retirement

Other Courses
BUSN 255 Business & Government
POLS 221 The Presidency
POLS 222 Congress
POLS 240 American Foriegn Policy
POLS 260 Law and the Political System
POLS 357 Justice and the Law
POLS 360 American Constitutional Law
POLS 365 Civil Liberties

Graduate School in Public Policy

Economics Electives
ECON 240 Urban Economics
ECON 245 Child Labor in Latin America
ECON 340 Environmental & Natural Resources
ECON 350 Public Finance
ECON 355 Health Economics
ECON 420 Labor in the American Economy
ECON 480 Social Security, Pensions, & Retirement

Other Courses
POLS 223 Urban and Suburban Politics
POLS 321 U.S. Energy and Environmental Policy
POLS 322 Urban Public Policy

Career in Business

Economics Electives
ECON 313 Money and Banking
ECON 322 Emerging Market Analysis
ECON 350 Public Finance
ECON 365 Multinational Finance & Emerging Markets
ECON 370 Managerial Economics
ECON 415 Corporate Finance
ECON 420 Labor in the American Economy
ECON 431 International Finance
ECON 490 Internships

Other Courses
BUSN 230 Financial Accounting
BUSN 237 Introduction to Finance
BUSN 330 Intermediate Accounting
BUSN 331 Managerial Accounting
BUSN 380 Investment Analysis
BUSN 385 Options and Futures
BUSN 420 Risk Management
COMM 235 Rhetoric and Speech
PHIL 203 Business and Professional Ethics