Program Requirements
Requirements for a Major in Economics
| ECON 105C | P3 Principles of Microeconomics | (3) |
| ECON 106C | P3 Principles of Macroeconomics | (3) |
| ECON 201C | Intermediate Microeconomics | (3) |
| ECON 202 | Intermediate Macroeconomics | (3) |
| ECON 221 | SQ Statistics I | (3) |
| ECON 314 | Introduction to Econometrics | (3) |
| ECON 317C | History of Economic Thought | (3) |
| ECON 416 | Seminar in Economics | (3) |
| ECON Electives* | (12) | |
| Total | (36) | |
*Electives are chosen from the Economics course offerings to match a student’s interests and career goals. The range of electives includes courses such as Economics of Sport, International Economic Policy, and Law and Economics. Students can also choose to do an internship as an elective, and a well-chosen program can give excellent experience and useful contacts in their chosen career fields.
A careful choice of minor will further allow majors to follow their interests and develop a marketable set of skills. For example, minors in Finance, International Studies, Sociology, and Management will help equip students for a range of different career paths. Students should work closely with departmental advisors to determine which Economics electives and minors will best achieve their goals.
For students majoring in Economics, all courses designated as economic courses (ECON) are included in the determination of one’s grade point average within the major.
Program Goals and Student Learning Outcomes
Goal #1 Acquire a comprehensive understanding of the basic economic tools and principles used by practitioners in the economics profession
- Describe the historical and cultural contexts in which specific theories were developed.
- Compare and contrast basic theoretical orientations.
Goal #2 Obtain the expertise to effectively apply quantitative tools to empirically analyze microeconomic and macroeconomic issues
- Be able to demonstrate how to use empirical evidence to evaluate an economic argument.
- Conduct appropriate statistical analysis of data, and explain the statistical problems involved.
- Obtain and/or collect relevant data using specific qualitative and/or quantitative research.
Goal #3 Communicate effectively in written, spoken and graphical form within and across disciplines
- Formulate a well-organized written argument that states assumptions and hypotheses, which are supported by evidence.
- Complete independent research paper with scholarly sources and uses at least one fundamental economic concept.
- Present an economic argument orally.
Goal #4 Be able to address contemporary problems and issues by using an accepted paradigm or framework of analysis used by the economics profession
- Apply economic analysis to evaluate everyday problems.
- Apply economic analysis to evaluate specific policy proposals
Goal #5 Be receptive to and comprehend alternative approaches to answering economic questions when formulating their own opinions
- Compare two or more arguments that have different conclusions to a specific problem.
- Understand the role of assumptions in arguments.