The mission of the economics program is to give students a broad background and knowledge of domestic and international economic systems that are essential for people in today’s competitive global economy. Graduates can apply economic theory to problems relating to market structures, resource markets, employment, and fiscal and monetary policies. Economics courses may be taken to satisfy the social science core requirement of the College of Arts and Sciences. Most 300-level courses require only ECON 201 as a prerequisite. Students considering an Economics major or minor should note that ECON 302 has a prerequisite of ECON 202 with a grade of B- or better and ECON 403 has a prerequisite of ECON 201 with a grade of B- or better.
Two economics majors are offered. The B.S. major in economics includes extensive coursework in mathematics as well as economics in preparation for graduate study in economics and careers requiring strong quantitative skills. The B.A. major in economics is offered for students who want an extensive background in economics in preparation for careers in business or government as well as for those pursuing advanced study in law or business. A minor in economics is also offered for students with other majors who need less extensive knowledge of economics.
Economics courses are taught by faculty of the School of Business Administration, but students pursuing the B.A. and B.S. majors are enrolled in the College of Arts and Sciences and must fulfill its degree requirements. Students must earn at least 104 credits from departments in the College of Arts and Sciences (including economics).
All majors must register for a comprehensive examination (ECON 499) in their fourth year. Students expecting to go into a business field are encouraged to take courses in accounting and may want to consider the general business minor or the minor in analytical finance offered by the School of Business Administration.