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Academic Requirements

 

Major Requirements

The Department of Economics requires all students in Economics, College of Science (ECAS) and Economics, College of Buinsess (ECON) to complete the following courses.

  • Principles of Economics (ECON 2005-2006)

  • Microeconomic Theory (ECON 3104)

  • Macroeconomic Theory (ECON 3204)

  • Applied Data Analysis (ECON 3254) or Econometrics (ECON 4304)

  • STAT 3005 (ECAS) or BIT 2405-2406 (ECON)

  • 15 hours of ECON Electives at the 3000 and 4000 level

 

College Requirements

The College of Business also requires students in Economics, College of Business (ECON) to complete the Business Core Courses which include

  • ACIS 1504, 2115, 2216

  • BIT 2405-2406

  • PSYC OR SOC 1004

  • FIN 3055, 3104

  • MKTG 3104

  • MGT 3304, 4394

 

Free Electives

The major academic difference between the two programs is the number of free electives the two programs allow students and what students can do with these. The Economics, College of Business (ECON) major allows students about 26 hours of free electives. Due to this few number of free electives it is difficult for a student in ECON to Double Major especially in a major outside of the College of Business. This limits the advantages to earning a double major.

 

The Economics, College of Science (ECAS) major allows students about 50 hours of free electives. Due to the number of free electives students in ECAS are strongly encouraged to Double Major in majors in the College of Science and any of the other colleges, especially those majors in the colleges of Liberal Arts and Human Sciences and Engineering. Students that decide not to double major are encouraged to declare multiple minors to provide focus to their degree. The number of free electives in the ECAS program allow students lots of choices in determining their courses.

 

Math Sequences

Students need to have a strong background in Math to be a success in Economics. Students are required to complete at least one of the following sequences before the department will allow the student to take Microeconomic Theory (ECON 3104).

  • MATH 1205, 1206, and 1114 or 1225, 1226, and 2114. These Calculus and Linear Algebra sequences are preferred for students majoring in both Economics, College of Science (ECAS) and Economics, College of Business (ECON). Each course must be completed with at least a C-.

  • MATH 1015, 1016, and 2015 or 1014, 1025, and 1026. These Elementary and Intermediate Calculus with Matrices sequences are allowed for students majorin in Economics, College of Science (ECAS) but not Economics, College of Business (ECON). Each course must be completed with at least a B-.

  • MATH 1525 and 1526. This Elementary Calculus with Matrices sequence is the lowest difficulty of Math allowed for students majoring in Economics, College of Science (ECAS) and Economics, College of Business (ECON). Each course must be completed with at least a B-.

 

All requirements for Economics, College of Science (ECAS) and Economics, College of Business (ECON) can be seen on the major Checksheet.

 

Economics, College of Science Checksheet

 

Economics, College of Business Checksheet

 

 

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