Academics

Majoring or Minoring in Economics

Why Study Economics?

Students who study economics receive an education in an important area of the social sciences, dealing with such major social concerns as economic growth and development, unemployment, inflation, poverty, urban decay and finance. A study of these and other problems, together with a solid theoretical and statistical base, provides an essential element in the broad understanding of society. Courses in economics also have a vocational benefit. They prepare students for graduate work in economics, finance and business, as well as professional schools such as laws, journalism and social work. In the past our students have done very well in gaining acceptance to such graduate and professional programs. Education in economics, particularly, helps students prepare for careers in teaching, government and business. It is noteworthy that in recent years economists have been more successful than graduates of virtually all other academic disciplines in achieving employment related to their educational backgrounds.

To major in economics, undergraduates are required to take 10 economics courses plus calculus. Six courses are required: Economics 101 (Introductory Economics I) or Economics 103 (The Global Economy), Economics 102 (Introductory Economics II) or Economics 104 (The Market Society), Economics 205 (Price Theory) or Economics 225 (Price Theory, Mathematics Emphasis), Economics 206 (Macro-Economic Analysis) or Economics 226 (Macroeconomic Analysis, Mathematics Emphasis), Economics 249 (Statistics as applied to Economics), and Economics 382 (Econometrics). A course in calculus (Math 131 or equivalent) is a required prerequisite for Economics 205 and 249. Four electives round out the major; courses are offered in labor economics, corporate finance, international economics, public finance, urban economics, economic history, environmental economics, consumer economics and the history of economic thought. For a complete list of subject areas, visit the courses by subject page.

Economics majors can count virtually all business courses toward the Economics major.

Click here for more information on Economics Major Requirements.

To declare your Economics Major, use this form.

A minor in economics requires taking six courses. Minors must take Economics 101 and 102, and two of the following three courses, Economics 205 or 225, 206 or 226 and 249. Two electives in economics or business complete the minor.

Click here for more information on Economics Minor Requirements.

Declare your Economics Minor using this form.

All of the full-time faculty serve as advisors for prospective majors. The office of the Department of Economics is now located in Powdermaker Hall Room 300A.

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