University of Guelph 1997-98 Undergraduate Calendar

X--Degree Programs

Management Economics in Industry and Finance

Department of Economics, College of Social Science

The Management Economics in Industry and Finance major is designed to offer students an appreciation of business problems in the areas of industrial organization and finance using the analytical orientation of the discipline of Economics and the tools of Business Management, Marketing and Accounting. This major combines the applied thrust of business courses with the analytical rigor of Economics.

The major provides a suitable education for a career in the business world or in the public service. It also constitutes a useful preparation for more advanced studies, including graduate studies in Economics, Business Administration, Law, and Public Policy. The major is administered by the Department of Economics and students are urged to consult the departmental advisor. A planning guide is available in the department. Students should note that most courses carry prerequisites and that 36-110 and 36-120 are normally prerequisites for all other courses in Economics.

Students who fail any Economics course twice or who do not achieve a 65% average in Economics courses taken during the first 4 semesters in this major are likely to encounter difficulties in the more advanced courses. They are strongly advised to consult the departmental advisor in Economics to discuss the options available.

For the Management Economics in Industry and Finance major, 19 courses are specified, 12 are restricted electives and 9 are electives. A possible program sequence is outlined below.


Semester 1

36-120 Introductory Microeconomics
One of:
63-100 Introductory Calculus I
63-108 Elements of Calculus I
63-120 Calculus I
One Social Science course other than Economics.
Two electives.

Semester 2

02-222 Financial Accounting
36-110 Introductory Macroeconomics
One of:
26-202 Information Management
27-100 Introduction to Computer Applications
27-120 Introduction to Computing
27-150 Introduction to Programming
Two electives.

Semester 3

02-223 Management Accounting
36-231 Intermediate Microeconomics
36-272 Business History *
36-274 Economic Statistics
One elective.

*This may be replaced by any Economic History course including (with appropriate prerequisites) a 400 level course. In that case this credit will count towards meeting the requirements of three 400 level Economics courses - see items marked ** in semester 6-8.

Semester 4

02-331 Operations Management
02-332 Financial Management
36-241 Intermediate Macroeconomics
36-277 Introductory Mathematical Economics
One elective.

Semester 5

36-360 Macroeconomics in an Open Economy
36-371 Advanced Microeconomics
36-374 Introduction to Econometrics
One course from List A
One elective.

Semester 6

02-437 Marketing Management
36-351 Money, Credit and the Financial System
36-356 Theory of Finance
One course from List A.
**One 400 level Economics course.
One elective.

Semester 7

26-304 Business and Consumer Law
36-351 Money, Credit and the Financial System
36-356 Theory of Finance
54-439 Individuals and Groups in Organizations
One course from List A.
**One 400 level Economics course.

Semester 8

02-425 Business Policy
36-478 Advanced Industrial Organization
36-480 Theory of Strategic Management
One course from List A.
**One 400 level Economics Course.
One elective.

**36-471 and 36-481 are recommended for students wishing to pursue graduate studies.

One only of 36-490, 36-491 may count as one of the required minimum number of 400 level economics courses in the B. Comm. program.

List A - Restricted Electives

02-333 Intermediate Accounting
36-320 Economics of Industrial Relations
36-350 Urban Economics
36-352 Labour Economics
36-353 Industrial Organization
36-358 Economics of Regulation
36-361 Public Finance
36-362 International Trade
36-366 Economics of Equity Markets

1998-99 Undergraduate Calendar
X--Degree Programs
Bachelor of Commerce-- B.Comm

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Last revised: November 4, 1997.