Campuses:
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Twin Cities Campus
Economics B.S.Economics
College of Liberal Arts
Economics emphasizes critical thinking and the understanding of basic economic principles. The BS is for students interested in graduate study in economics or in a career where quantitative economic analysis plays a significant role. The strong quantitative component in this degree emphasizes multivariate calculus, linear algebra, and econometrics.
Students choose from courses in comparative economic systems, economic theory, econometrics, economic development, game theory, industrial organization, cost-benefit analysis, environmental, financial, international, mathematical, monetary, public, and labor economics.
For more information, visit www.econ.umn.edu.
Program Delivery
This program is available:
Admission Requirements
Students must complete
4 courses
before admission to the program.
For information about University of Minnesota admission requirements, visit the
Office of Admissions
website.
Required prerequisites
Preparatory Coursework
Take the following 4 courses for a total of 16 credits.
ECON 1101 - Principles of Microeconomics
[SOCS, GP]
(4.0 cr)
ECON 1102 - Principles of Macroeconomics
(4.0 cr)
MATH 1271 - Calculus I
[MATH]
(4.0 cr)
or
MATH 1571H - Honors Calculus I
[MATH]
(4.0 cr)
MATH 1272 - Calculus II
(4.0 cr)
or
MATH 1572H - Honors Calculus II
(4.0 cr)
General Requirements
All students in baccalaureate degree programs are required to complete general University and college requirements including writing and liberal education courses. For more information about University-wide requirements, see the
liberal education requirements.
Required courses for the major, minor or certificate in which a student receives a D grade (with or without plus or minus) do not count toward the major, minor or certificate (including transfer courses).
Program Requirements
All major coursework must be taken A-F. Up to 3 credits of independent study (ECON 3991) may count toward the major. Supporting work in computer science, mathematics, and statistics is recommended. Only one country/area study course (ECON 4317, 4311) or DUS-approved study abroad course may count toward the electives requirement. All study-abroad or transfer courses must be approved by the Director of Undergraduate Studies in the Department of Economics. Students must complete at least 12 credits of upper-division coursework (ECON 3xxx-5xxx) in residence at the University of Minnesota-Twin Cities campus. Students must take at least one writing intensive course in the major, or take ECON 4100W concurrently with ECON 4831, or an honors course. Students may receive no more than one undergraduate degree from the Department of Economics: a BA or a BS or a minor.
All incoming CLA freshmen must complete the First Year Experience course sequence.
Major Requirements
Take 7 of the following courses for a total of 28 credits.
ECON 3101 - Intermediate Microeconomics
(4.0 cr)
ECON 3102 - Intermediate Macroeconomics
(4.0 cr)
ECON 4261 - Introduction to Econometrics
(4.0 cr)
MATH 2243 - Linear Algebra and Differential Equations
(4.0 cr)
or
MATH 2574H - Honors Calculus IV
(4.0 cr)
MATH 2263 - Multivariable Calculus
(4.0 cr)
or
MATH 2573H - Honors Calculus III
(4.0 cr)
Theory of Statistics I & II
Take one of the following course pairs for a total of 8 credits:
Electives
With prior approval of the director of undergraduate studies, students may use ACCT 5101 as an elective course.
Take exactly 4 course(s) totaling 12 - 16 credit(s) from the following:
·
ECON 4311 - Economy of Latin America
(3.0 cr)
·
ECON 4317 - The Chinese Economy
(3.0 cr)
·
ECON 4331W - Economic Development
[WI]
(3.0 cr)
·
ECON 4337 {Inactive}
(3.0 cr)
·
ECON 4432W - International Finance
[WI]
(3.0 cr)
·
ECON 4531 - Labor Economics
(3.0 cr)
·
ECON 4621 {Inactive}
(3.0 cr)
·
ECON 4631 - Industrial Organization and Antitrust Policy
(3.0 cr)
·
ECON 4821 - Public Economics
(3.0 cr)
·
ECON 4831 - Cost-Benefit Analysis
(3.0 cr)
·
ECON 4431W - International Trade
[GP, WI]
(3.0 cr)
or
ECON 4431V {Inactive}
[GP, WI]
(4.0 cr)
·
ECON 4721 - Money and Banking
(3.0 cr)
or
ECON 4721H {Inactive}
(3.0 cr)
·
ECON 4731 {Inactive}
(3.0 cr)
or
ECON 4738 {Inactive}
(4.0 cr)
·
ECON 4751 - Financial Economics
(3.0 cr)
or
ECON 4751H {Inactive}
(4.0 cr)
·
ECON 4960 {Inactive}
(4.0 cr)
or
ECON 4960H {Inactive}
(4.0 cr)
Advanced Courses
With prior approval of the director of undergraduate studies, students may use one of the following courses as an advanced course: MATH 4065, MATH 5615H, or MATH 4603. PUBH 6832 is a masters' level course. Economics majors with a 3.6 or higher GPA should contact the director of undergraduate studies about the possibility of signing up for this course. The Micro/Macro Analysis and Theory courses (ECON 416x) are quarter-long courses meant to be taken in pairs.
Take 2 or more course(s) totaling 8 or more credit(s) from the following:
·
ECON 4431V {Inactive}
[GP, WI]
(4.0 cr)
·
ECON 4721H {Inactive}
(3.0 cr)
·
ECON 4738 {Inactive}
(4.0 cr)
·
ECON 4751H {Inactive}
(4.0 cr)
·
ECON 4828 {Inactive}
(4.0 cr)
·
ECON 4968 {Inactive}
(4.0 cr)
·
ECON 4108 - Advanced Game Theory and Applications
(4.0 cr)
·
ECON 4113 {Inactive}
(4.0 cr)
·
ECON 4748 {Inactive}
(4.0 cr)
·
ECON 5890 {Inactive}
(3.0 cr)
or
PUBH 6832 - Economics of the Health Care System
(3.0 cr)
Upper Division Writing Intensive within the Major
Students are required to take one upper division writing intensive course within the major. If that requirement has not been satisfied within the core major requirements, students must choose one course from the following list. Some of these courses may also fulfill other major requirements.
Take 0 - 1 course(s) from the following:
·
ECON 4331W - Economic Development
[WI]
(3.0 cr)
·
ECON 4432W - International Finance
[WI]
(3.0 cr)
·
ECON 4431W - International Trade
[GP, WI]
(3.0 cr)
or
ECON 4431V {Inactive}
[GP, WI]
(4.0 cr)
·
Students interested in taking ECON 4100W must register concurrently for ECON 4831 or another Advanced ECON course, and receive permission from the director of undergraduate studies.
·
ECON 4100W {Inactive}
[WI]
(1.0 cr)
with
ECON 4831 - Cost-Benefit Analysis
(3.0 cr)
|
|
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Econ 1101/1165 ApEc 1101/1101H |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | ApEc 1102/Econ 1102/1105/1112 |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Math 1271/Math 1381/Math 1571/ |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Math 1271/Math 1381/Math 1571/ |
Grading Basis: | A-F only |
Typically offered: | Every Fall |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Math 1272/Math 1282/Math 1372/ |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Math 1272/Math 1282/Math 1372/ |
Grading Basis: | A-F only |
Typically offered: | Every Fall & Spring |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Econ 3101/Econ 3012/ApEc 3001 |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Econ 3102/3024/ApEc 3006 |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 4.0 [max 4.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Math 2243/Math 2373/Math 2574H |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Math 2243/Math 2373/Math 2574H |
Grading Basis: | A-F only |
Typically offered: | Every Spring |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Math 2263/Math 2374/Math 2573H |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Math 2263/Math 2374/Math 2573H |
Grading Basis: | A-F only |
Typically offered: | Every Fall |
Credits: | 4.0 [max 4.0] |
Typically offered: | Every Fall & Spring |
Credits: | 4.0 [max 4.0] |
Typically offered: | Every Fall & Spring |
Credits: | 4.0 [max 4.0] |
Typically offered: | Every Fall |
Credits: | 4.0 [max 4.0] |
Typically offered: | Every Fall & Spring |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall & Spring |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 3.0 [max 3.0] |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Spring |
Credits: | 3.0 [max 3.0] |
Course Equivalencies: | Econ 4531/Econ 4538 |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall & Spring |
Credits: | 3.0 [max 3.0] |
Course Equivalencies: | Econ 3601/Econ 4631/Econ 4631H |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 3.0 [max 3.0] |
Course Equivalencies: | Econ 3801/Econ 4828/Econ 4821 |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall & Spring |
Credits: | 3.0 [max 3.0] |
Course Equivalencies: | Econ 4611H/Econ 4831 |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 3.0 [max 3.0] |
Course Equivalencies: | Econ 4431W/Econ 4431V/Econ 443 |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 3.0 [max 3.0] |
Course Equivalencies: | Econ 3701/Econ 4721/Econ 4721H |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 3.0 [max 3.0] |
Course Equivalencies: | Econ 4751/Econ 4751H/Econ 4758 |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Econ 4108/Econ 4109/Econ 4109H |
Grading Basis: | A-F only |
Typically offered: | Every Fall |
Credits: | 2.0 [max 2.0] |
Course Equivalencies: | Econ 4161/Econ 8001 |
Grading Basis: | A-F only |
Typically offered: | Every Fall |
Credits: | 2.0 [max 2.0] |
Course Equivalencies: | Econ 4162/Econ 8002 |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall |
Credits: | 2.0 [max 2.0] |
Course Equivalencies: | Econ 4163/Econ 8003 |
Grading Basis: | A-F only |
Typically offered: | Every Spring |
Credits: | 2.0 [max 2.0] |
Course Equivalencies: | Econ 4164/Econ 8004 |
Grading Basis: | A-F only |
Typically offered: | Every Spring |
Credits: | 2.0 [max 2.0] |
Typically offered: | Every Fall |
Credits: | 2.0 [max 2.0] |
Typically offered: | Every Fall |
Credits: | 2.0 [max 2.0] |
Typically offered: | Every Spring |
Credits: | 2.0 [max 2.0] |
Typically offered: | Every Spring |
Credits: | 3.0 [max 3.0] |
Typically offered: | Every Fall |
Credits: | 3.0 [max 3.0] |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Spring |
Credits: | 3.0 [max 3.0] |
Course Equivalencies: | Econ 4431W/Econ 4431V/Econ 443 |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 3.0 [max 3.0] |
Course Equivalencies: | Econ 4611H/Econ 4831 |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall, Spring & Summer |