Economics Major, B.A.

The faculty of economics is a community of teacher-scholars engaged in theoretical, empirical and historical approaches to the study of the global economy and the varieties of capitalism extant in the world today. The faculty aims to create a collaborative teaching, learning and research environment emphasizing global awareness, environmental sensitivity and the synergies between theory and practice. Students majoring in economics are expected to acquire competencies in theory and empirical analyses, to adopt either an international or political concentration in their course work or to design their own major in consultation with two faculty members in economics. Individually designed majors are required to complete all core economics course requirements. Majors are required to participate in our lecture series and are strongly encouraged to spend either a semester, year or summer studying abroad. Majors are also encouraged to work with a faculty member in economics on at least one research project. A 3-credit internship in a major international city such as Washington, D.C., is recommended.

Requirements for the Major

The economics major requires a minimum of 36-39 credits in economics at the 200 level or above.

All majors must take the following core economics courses:

ECON 205Principles of Macroeconomics

3.0

ECON 206Principles of Microeconomics

3.0

ECON 305Macroeconomic Analysis

3.0

ECON 306Microeconomic Analysis

3.0

ECON 452History of Economic Thought

3.0

ECON 470Seminar

3.0

All majors must also take:

ECMG 212Statistics for Economics & Management

3.0

MATH 201Calculus I

4.0

An internship (ECON 399—3 credits) is recommended. All majors are strongly encouraged to participate in a study abroad semester, year or summer.

Specializations

All Economics majors specialize in either International Economics, Political Economy or design their own major with at least two faculty members in economics.

International Economics

Majors specializing in International Economics are required to take all of the courses required of all majors listed above plus:

ECON 324International Trade

3.0

ECON 460International Finance & Open Economy Macroeconomics

3.0

ECON 480Econometrics

3.0

and 9 credits from the following:
ECON 304International Political Economy

3.0

ECMG 303Principles of Finance & Investment

3.0

ECON 310Environmental Economics

3.0

ECON 316Game Theory

3.0

ECON 317Economics of Development

3.0

ECON 320The Economics of Gender

3.0

ECON 326Industrial Organization

3.0

ECON 328Labor Economics

3.0

ECON 410Public Economics

3.0

ECPS 414/ECPS 514Environmental Policy

3.0

ECMG 478/ECMG 578International Financial Management

3.0

PSCI 303Public Policy Analysis

3.0

Political Economy

Majors specializing in Political Economy are required to take all of the courses required of all majors listed above plus:

ECON 326Industrial Organization

3.0

ECON 410Public Economics

3.0

and 9 credits from the following:
ECON 304International Political Economy

3.0

ECON 310Environmental Economics

3.0

ECON 316Game Theory

3.0

ECON 317Economics of Development

3.0

ECON 320The Economics of Gender

3.0

ECON 324International Trade

3.0

ECON 328Labor Economics

3.0

ECPS 414/ECPS 514Environmental Policy

3.0

ECON 460International Finance & Open Economy Macroeconomics

3.0

ECON 480Econometrics

3.0

PSCI 303Public Policy Analysis

3.0

Students planning to pursue a doctorate in economics should also take:

ECON 480Econometrics

3.0

MATH 202Calculus II

4.0

MATH 253Multivariable Calculus

4.0

MATH 304Differential Equations

3.0

MATH 339Linear Algebra

3.0

MATH 351Probability and Statistics

3.0

MATH 453Introduction to Real Analysis

3.0