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. are advised to take Unified Calculus (640:121 and 122), Linear Algebra (640:250), and Mathematical Economics (220:391).

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)

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

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Students seeking the distinction of graduating with “Honors in Economics” and the experience of intense investigation of a particular topic in economics may do so in the honors program. Eligibility for such a project is judged by the student’s qualifications and availability of an appropriate supervising professor with a student with the GPA=3.5 above. The supervisor works individually with the student over a two-term sequence, 50:220:495-496, during the student’s last three terms before graduation. Total credits earned are determined by the department according to the nature of the project; a grade is not given until completion of the two-term sequence and department approval of an honors thesis embodying the project. Interested students should contact their academic advisors.

Requirements and Restrictions for Independent Study Projects

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Enrollment in 50:220:491 Independent Study Projects in Economics requires prior approval by the department and the participating faculty member. All independent study projects require at least the same rigors of training, instruction, research, and grading as do other upper-division economics courses. To enroll in 50:220:491, students must have completed nearly all of the course requirements for the major in economics and have achieved a grade-point average in economics of at least 3.0. A student is limited to enrollment in only one independent study project within the economics department each term and a maximum of two during the degree program with a student with the GPA=3.5 above.

Economics Major Required Form Information (click here)


Economics Minor 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)
  • 50:220:203 Intermediate Economic Theory: Micro- economics (3) or
  • 50:220:212 Sports Economics (3) or
  • 50:220:308 Managerial Economics (3) or
  • 50:220:313 Economics of Labor (3)
  • 50:220:204 Intermediate Economic Theory: Macro- economics (3) or
  • 50:220:301 Money and Banking (3) or
  • 50:220:325 Financial Market and Institutions (3) or
  • 50:220:329 Economics of International finance (3) or
  • 50:220:363 Economics of Investment & Capital Markets (3)
  • Three economics electives

Economics Minor Required Form Information (click here)