Jul 07, 2020  
2019-2020 Academic Catalog 
    
2019-2020 Academic Catalog

Economics and Management


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Faculty

John B. Bedient, Chair and associate professor.
B.A.,  Alma College; M.B.A.,  Indiana University; C.P.A.. Appointed 1985.

Vicki L. Baker, professor.
B.A., Indiana University of Pennsylvania; M.B.A., Clarion University; M.S., Ph.D., Pennsylvania State University. Appointed 2007.

John M. Carlson, associate professor.
B.S., Ball State University; C.P.A., C.M.A.; M.B.A.; Ph.D., University of Cincinnati. Appointed 2012.

Jon A. Hooks, professor.
B.S.,  Cameron University; M.A.,  University of Texas, Dallas; M.A., Ph.D., Michigan State University; C.F.A. Appointed 1989.

Daniel H. Jaqua, assistant professor.
B.S., B.A., Rice University; Ph.D.,  University of Michigan. Appointed 2015.

Zhen Li, professor, holder of E. Maynard Aris endowed chair.
B.A., Peking University; M.A.; Ph.D., Princeton University. Appointed 2004.

Gregory M. Saltzman, professor.
S.B.,  S.M.,  Massachusetts Institute of Technology; M.A., Ph.D., University of Wisconsin. Appointed 1986.

Introduction

The Economics and Management Department provides students with an understanding of economic and management principles that will be useful throughout their careers. We address both the immediate application of problem-solving techniques and the conceptual basis for those techniques. The department offers an 8-unit major in economics and management, a 9.5-10 unit major in accounting (corporate track or C.P.A. track), a 10-unit major in business, a 10-unit major in economics and management with emphasis (emphases in economics, general business, human resources, or international business and international economics), a 10-unit major in finance and an 8-unit major in marketing management.  We offer five minors: accounting, economics. finance, and management and marketing management. The department also supports the interdepartmental majors in mathematics/economics, public policy, and social studies.

Economics and Management Department Website

Career Opportunities

Graduates in economics and management have professional opportunities in many aspects of business, including accounting, banking, finance, human resources, international business, marketing and sales, and retailing. The program also provides a strong background for graduate study in law, business, economics, public policy studies and related areas. Albion offers all the courses needed to meet the 150-hour requirement for becoming a certified public accountant.

Special Features

The department spans the worlds of theory and practice. We teach students how to analyze problems faced by businesses, government, or nonprofit organizations; make decisions; and lead. The department maintains a close relationship with the business world, which aids in the placement of graduates.

Departmental Policy on Advanced Placement Credit

Students who earn a 5 on the Advanced Placement (AP) exam in microeconomics will receive one unit of credit for E&M 101 . Students who earn a 4 will receive one unit of credit for E&M 191. E&M 191 will not meet the E&M 101  requirement for the E&M major but will count toward the 32 units for graduation.

Students who earn a 5 on the Advanced Placement (AP) exam in macroeconomics will receive one unit of credit for E&M 102 . Students who earn a 4 will receive one unit of credit for E&M 192. E&M 192 will not meet the E&M 102  requirement for the E&M major but will count toward the 32 units for graduation.

Student Learning Outcomes

Programs

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