The programs offered by the Department of Economics are designed to (1) provide a general understanding of the functioning of the economic system and the role of institutions, groups, and regions within that system; and (2) prepare the student for employment in industry, the professions, and government, or to pursue graduate work toward such advanced degrees as the M.A., M.B.A., M.S., or Ph.D. in related fields.
Note: Students planning to pursue a Ph.D. in Economics are advised to take more math courses besides taking Mathematical Economics (220:391); Calculus II (640:122) , Calculus III (640:221), Linear Algebra (640:250), Mathematical Reasoning with Proofs (640:300) and Elementary Differential Equations (640:314).
Economics Major Requirements (45 credits)
45 credits: Six core courses (102/103/203/204/222/322) + Nine electives
All courses toward Economics major degree should be at least C and above C.
First Year
- 50:220:102 Microeconomic Principles (3)
- 50:220:103 Macroeconomic Principles (3)
Take calculus class (50:640:118 or 50:640:121); one of the prerequisites for Econometrics
Sophomore and Junior Years
- 50:220:203 Intermediate Economic Theory: Microeconomics (3)
- 50:220:204 Intermediate Economic Theory: Macroeconomics (3)
- 50:220:222 Foundations of Econometrics (3)
- Some of nine economics elective
Junior and Senior Years
- 50:220:322 Econometrics (3)
- Some of nine economics electives
Departmental Honors Program
Requirements and Restrictions for Independent Study Projects
Economics Major Required Form Information (click here)
Economics Minor Requirements (21 credits)
All courses toward Economics minor degree should be at least C or above.
- 50:220:102 Microeconomic Principles (3)
- 50:220:103 Macroeconomic Principles (3)
(Choose one from the following group) - 50:220:203 Intermediate Economic Theory: Microeconomics (3) or
- 50:220:308 Managerial Economics (3) or
- 50:220:313 Economics of Labor (3) or
- 50:220:318 Cost-Benefit/Effective Analysis (3) or
- 50:220:321 Applied Game Theory (3)
(Choose one from the following group) - 50:220:204 Intermediate Economic Theory: Macroeconomics (3) or
- 50:220:320 Inflation, Unemployment and Public Policy (3) or
- 50:220:325 Financial Market and Institutions (3) or
- 50:220:329 Economics of International Finace (3) or
- 50:220:392 Business Cycles and Forecasting (3)
- Three economics electives (9 credits)
Economics Minor Required Form Information (click here)