May 25, 2022  
2017-2018 Undergraduate Catalog 
2017-2018 Undergraduate Catalog [ARCHIVED CATALOG]

Economics Minor

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College of Business and Technology

Department of Economics and Finance

Economics and Finance Program Information

P.O. Box 70686
Phone: (423) 439-4202
227 Sam Wilson Hall
Web address:

The mission of the Department of Economics and Finance is to provide students with the educational experience necessary to succeed in a competitive global environment. We offer both business and non-business degree programs. Students can earn a traditional Bachelor of Business Administration degree in either economics or finance or a Bachelor of Arts degree in Economics. Both programs focus on developing the problem solving skills that will help enable the student to critically analyze the complex and rapidly evolving issues of business and society. The Department also offers minor programs of study in both economics and finance for those students who would like to broaden their educational experience. We also offer a general business minor that is especially valuable for non-business students who may have future aspirations to earn the Master of Business Administration degree.

The Economics Business Administration Program offers two main concentrations - each providing a different emphasis. Business Economics has a microeconomic focus built on the study of markets and the behavior of business firms. The Financial Economics concentration provides an integrated focus on macroeconomics and the financial system and includes courses in finance. A graduate of these concentrations will be well-prepared for employment at all levels of business, the financial services industry, government, and the not-for-profit sector. A third concentration in General Business  is also available for those students who desire a more broad-based education in business.

Students who are interested in Finance can earn a Finance Business Administration degree with concentrations in Banking , Corporate Finance and Investments  or Real Estate . Each of these concentrations offers the student a program of study that leads to a traditional career path in his or her chosen field. We are also one of 25 finance programs designated by the Tennessee Valley Authority to be a part of the TVA Investment Challenge. The Challenge gives our students the opportunity to manage an active stock portfolio in competition with the other participating colleges.  As of January 2017, the student-managed portfolio was valued at more than $670,000 and has outperformed the S&P 500 in eight of the last 12 years including 2016 where students generated an 18% return. The students in the Finance Program have been very successful in actively managing a real-money portfolio provided by the Tennessee Valley Authority, while students in the banking concentration have the additional opportunity to participate in a course with an experiential focus by interacting with bankers to discuss their daily decision-making challenges. All finance students have the opportunity to work with a team of students and present a case study analysis of current challenges in finance.

East Tennessee State University, through its participation in the CFA Institute University Recognition Program, has five scholarships available annually to sit for the Level 1 CFA exam offered every June and December. The College of Business and Technology Economics and Finance program incorporates at least 70% of the CFA Program Candidate Body of Knowledge and emphasizes the Institute’s code of ethics and standards of practice.

These scholarships cover both the exam and the study materials.

Further information can be found at

For students who prefer not to study in a traditional business program, the department offers a non-business Bachelor of Arts (B.A.) degree in economics . Students who aspire to an international career will particularly benefit from our concentration in international commerce . This program combines traditional economics coursework with courses in business, geo-politics, and foreign language to prepare students for a host of career possibilities in government and multinational corporations. As a complement, the department has also established close ties with cooperating universities in Europe and encourages students to participate in the university’s foreign study exchange programs.

Economics Minor Requirements: 18 Credit Hours

A minor is a secondary area of study outside of the major program of study with a structured curriculum composed of at least 18 semester credit hours of which at least 9 hours must be at the 3000-level or above.

Economics electives: 9 Credit Hours

Electives to be chosen from the following courses:

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