Abstract
mended four courses in economics for undergraduate business students. These four courses were to include the two traditional principles of economics courses and two advanced economics courses. One of the advanced courses was to be in aggregative economics (macroeconomic theory, business cycles, and forecasting), the other in managerial economics. Pierson recommended five courses in economics. In addition to the two principles courses, he recommended two courses in macroeconomics (money and banking and the theory of income and employment) and one course in intermediate microeconomics (preferably managerial economics). The purpose of this note is to present the argument that the conclusions of the articles mentioned above may be too sweeping, particularly with respect to the quantity of economics coursework required. More specifically, the amount
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