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Economics Major

This information is part of the .

Major Requirements

The major in economics consists of nine courses in economics and two mathematics prerequisites.

Prospective majors should aim to complete , , , statistics, and calculus by the end of sophomore year, especially if they plan to study abroad during their junior year, and they should aim to complete Ìýby the end of junior year.Ìý

The economics major meets the classification as a STEM discipline according to the United States Citizenship and Immigration Services (USCIS) so that international students are eligible for a 24-month Optional Practical Training (OPT) extension.

The major requirements consist of the following:

Required Courses

  • ECON 151Ìý-ÌýIntroduction to Economics (prerequisite to all advanced ECON courses at the 200-400 level)
  • ECON 251Ìý-ÌýIntermediate Microeconomics (must earn a grade of C or better)
  • ECON 252Ìý-ÌýIntermediate Macroeconomics (must earn a grade of C or better)
    ​Students are encouraged to take ECON 251Ìýbefore ECON 252
  • ECON 375Ìý-ÌýApplied Econometrics (must earn a grade of C or better)
    ECON 375 has two mathematics prerequisites, each of which can be satisfied in multiple ways: MATH 161Ìý-ÌýCalculus I , or MATH 162Ìý-ÌýCalculus II , or MATH 163Ìý-ÌýCalculus III ; or the equivalent AP credit.ÌýStudents with an equivalent international exam transfer credit (e.g., A-Levels, International Baccalaureate) or other transfer credit may be eligible for an exemption for MATH 161, per approval by the department chair.MATH 105 - Introduction to Statistics,ÌýCORE S143Ìý-ÌýStatistics in Real Life , MATH 240 - Computational Statistics with R, or MATH 316 - Probability.ÌýStudents who have taken an equivalent course (such as BIOL 320 - BiostatisticsÌýor PSYC 309 - Quantitative Methods in Behavioral Research) may petition the department chair for an exemption.ÌýStudents with an equivalent international exam transfer credit (e.g., A-Levels, International Baccalaureate) or other transfer credit may be eligible for an exemption for MATH 105, per approval by the department chair.Ìý

Electives

  • Four economics electives
    • At least two of these electives must be numbered above 300
    • SeniorsÌýare generally not eligible to register for 200-level electives

Senior Seminar

  • A senior-level seminar, at the 410 level or above, is required of all majors.
    • Ìýcannot be usedÌýsatisfy the seminar requirement except in unusual circumstances and with the permission of the department chair.

GPA Requirement

Satisfactory completion requires a minimum GPA of 2.00 in the economics courses counting towards the major.

Honors and High Honors

To be eligibleÌýto participate in the honors program, students need a minimum average GPA of 3.33 in the following three courses:Ìý,Ìý, andÌýÌý

To qualify for departmental honors, a student must enroll in the year-long honors seminarÌýÌýandÌýÌýin which each student writes an honors thesis. Students also present their projects to the seminar and act as discussants of other projects. Certification of honors and high honors will be based mainly on the quality of the honors paper. In addition, honors candidates must have, at graduation, a B+ average (A– for high honors) in the nine economics courses taken for major credit, and must receive a satisfactory grade inÌý.Ìý

Major Declaration

In order to declare the major, students must have first earned a grade of C or better in eitherÌýÌýor . Students who declare a major while enrolled in one of these courses may file "provisional" major declarations.

Economics Department

For more information about the department, including Faculty,Ìýtransfer credit, awards, etc.,Ìýplease visit theÌýÌýcatalogÌýpage.