Major in Economics

The following are the requirements for the Major in Economics:

Prerequisite Courses (2)

  • Math 141 – Differential Calculus and Economic Modeling  (or Math 161 with the Moodle multivariate calculus module)
  • Math 186 (Applied Statistics)

Required Courses (10):

  • Econ 101 – Principles of Economics
  • Econ 251 – Intermediate Microeconomics
  • Econ 252 – Intermediate Macroeconomics
  • Econ 253 – Econometrics
  • Five Econ electives (at least three at the 300-level or higher)
  • Capstone: a 400-level seminar, Econ 496 (Honors Thesis), or other approved work

Notes:

  • The 200-level courses below 250 only require Econ 101. They are meant to be of interest to many different audiences on campus.
  • The prerequisites for Econ 251 and 252 are Econ 101 and Math 141 (or Math 161)
  • The prerequisites for Econ 253 are Math 186 (or Math 335/336) and either Econ 251 or Econ 252.
  • Econ 251 and Econ 252 are not a sequence. They can be taken in any order.
  • Internships are not counted towards the elective requirement.
  • One semester of thesis can count toward the electives.
  • Students who are interested in pursuing a graduate degree in economics should be aware of the importance of taking advanced mathematics courses, completing and going beyond the calculus sequence that begins with Math 161, not with Math 141. They should meet with the Economics Department Head for further information.

Possible Timeline for the major*

First year:

Math 141 or Math 161
Math 186
Econ 101
Econ 200-level (optional)

Sophomore year:

Econ 251 (Fall or Spring)
Econ 252 (Fall or Spring)
Econ 253 (Spring)

Junior year:

Econ Electives

Senior year:

Econ Electives
Capstone

* There is flexibility in this schedule. Please feel free to reach out to the department head if you have any questions.

Minor in Economics

The following are the requirements for the Minor in Economics:

Prerequisite Course (1)

  • Math 141 – Differential Calculus and Economic Modeling  (or Math 161 with the Moodle multivariate calculus module)

Required Courses (6):

  • Econ 101 – Principles of Economics
  • Econ 251 – Intermediate Microeconomics OR Econ 252 – Intermediate Macroeconomics
  • Four Econ electives

Certificate in Financial Policy and Analysis

Upon completion of the requirements listed below, the College will issue a certificate recognizing the completion of the program. It will also be noted on the student’s transcript. Students do not need to major in Economics in order to earn a Certificate in Financial Policy and Analysis.

Prerequisite Courses (4)

  • Math 141 (Differential Calculus and Economic Modeling) or Math 161 (Calculus I)
  • Math 186 (Applied Statistics) or Math 335/336 (Probability and Mathematical Statistics) or Psych 120 (Quantitative Methods in Psychology
  • Econ 101 Principles of Economics
  • Econ 251 Intermediate Microeconomics

Note: These four courses can be used to fulfill some of the Common Course of Study requirements.

Required Core Courses (2)

  • Econ 259 (Financial Accounting and Reporting)
  • Econ 319 (Financial Theory and Analysis)

Elective Courses (3)

Category A (one required)

  • CS 104 (Introduction to Game Programming)
  • CS 105 (Digital Media Computing)
  • CS 106 (Personal Robotics)
  • CM 151 (Introduction to Computational Science)
  • MATH 272 (Linear Algebra with Applications)
  • PSTD 300 (Industry, Strategy and Policy)***
  • ECON 358 (Corporate Governance and Business Ethics)***

*** Effective with the Class of 2022, PSTD 300 (ECON300) and ECON 358 will no longer be acceptable for a Category A elective.

Category B (two required)

  • ECON 320 (Corporate Finance)
  • ECON 321 (Investments)
  • ECON 323 (Money, Financial Intermediation, and the Economy)
  • ECON 324 (Options and Futures)
  • ECON342 (Public Finance)
  • MATH 347 (Financial Mathematics)

Major in Mathematics and Economics

This interdisciplinary major gives mathematically talented students with career plans in economics a wide range of mathematical skills and significant experience with the fundamental ideas of economics. It also distinguishes them from the thousands of students around the country who major in economics. A distinctive feature of the program is the senior capstone experience, in which students integrate their study of mathematics and economics.

Requirements (Classes of 2021 and 2022):

  • Mathematics 161, 162, 263, 272 or 300, 282, 306, 335, 336
  • Economics 101, 251, 252, 253, and two electives numbered 300 or higher
  • A capstone experience in the form of a one-semester course, taken during the senior year, designed to integrate the ideas and techniques students have encountered in their work in mathematics and economics. (The capstone experience may consist of Economics 324, Economics 366, Mathematics 301, Mathematics 347 or appropriate independent study or honors work. Students interested in graduate study in economics may substitute Mathematics 356 for the capstone course.)
  • Any one from Computer Science 104, Computer Science 105, Computer Science 106 or Computational Methods 151 is recommended as an elective for students in this major.
  • Administration of the joint major in mathematics and economics and
    advising of students in the program is done by the Department of
    Mathematics.

Requirements (Class of 2023 and beyond):

  • Mathematics 161 or 165, 162, 263, 272 or 300, 282, 306, 335, 336
  • Economics 101, 251, 252, 253, 327 or 366, and one elective numbered 300 or higher
  • A capstone experience in the form of a one-semester course, taken during the senior year, designed to integrate the ideas and techniques students have encountered in their work in mathematics and economics. (The capstone experience may consist of Economics 324, Mathematics 301, Mathematics 347, or an additional upper level econometrics course (Economics 327 or Economics 366).
  • Any one from Computer Science 104, Computer Science 105, Computer Science 106 or Computational Methods 151 is recommended as an elective for students in this major.
  • Administration of the joint major in mathematics and economics and
    advising of students in the program is done by the Department of
    Mathematics.