Economics (Major / Minor)

Declaration in or before Summer 2009

Economics Department (College of Liberal Arts)

Economics is the formal study of how we allocate limited resources among alternative uses to satisfy the needs of the individual and society. Virtually all of the public and personal issues confronting us today have important economic components. The economic method of analysis plays an important role in simplifying and making sense of the complex world in which we live. The major in economics is an excellent preparation for a career in business and a solid basis for graduate and professional study in law, business, and public administration.

Economics Major Requirements

The degree of Bachelor of Arts in College of Liberal Arts may be conferred upon the satisfactory completion of a minimum of 123 semester hours of credit with a minimum cumulative GPA of 2.00 overall, in college and the major. A minimum of 123 credit hours will be earned in the following four requirement categories.

To earn the major in economics, students must complete seven required courses.

  • Economics 1101 (formerly C051), Macroeconomic Principles
  • Economics 1102 (formerly C052), Microeconomic Principles
  • Economics 3501 (formerly 0201), Intermediate Microeconomic Analysis
  • Economics 3502 (formerly 0202), Intermediate Macroeconomic Analysis
  • Economics 3598 (formerly W302), Economics Writing Seminar
  • Statistics 2101 (formerly C021), Statistical Methods and Concepts
  • Statistics 2102 (formerly 0022), Selected Statistical Topics

Students must also complete four other courses in economics, at the 3000 level or above (if Finance 3011, formerly 0101, is taken in or before Fall 2009, it will satisfy one of these requirements) and two additional courses in economics at 3000 level or courses in the College of Liberal Arts at 2000 level related to the student's program in economics in consultation with an advisor.

Economics Minor Requirements

To minor in economics, students must complete six courses.

  • Economics 1101 (formerly C051), Macroeconomic Principles
  • Economics 1102 (formerly C052), Microeconomic Principles
  • Either Economics 3501 (formerly 0201), Intermediate Microeconomic Analysis, or Economics 3502 (formerly 0202), Intermediate Macroeconomic Analysis
  • Three other economics courses, at the 3000 level or above. If both 3501 and 3502 are taken, one counts as one of these electives.