Campuses:
Twin Cities campus
This is archival data. This system was retired as of August 21, 2023 and the information on this page has not been updated since then. For current information, visit catalogs.umn.edu.
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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 exactly 4 course(s) totaling exactly 16 credit(s) from the following:
Principles of Micro and Macroeconomics
·
ECON 1101 - Principles of Microeconomics
[SOCS, GP]
(4.0 cr)
ECON 1102 - Principles of Macroeconomics
(4.0 cr)
·
Calculus I
·
MATH 1271 - Calculus I
[MATH]
(4.0 cr)
or
MATH 1571H - Honors Calculus I
[MATH]
(4.0 cr)
or
MATH 1371 - CSE Calculus I
[MATH]
(4.0 cr)
·
Calculus II
·
MATH 1272 - Calculus II
(4.0 cr)
or
MATH 1572H - Honors Calculus II
(4.0 cr)
or
MATH 1372 - CSE 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
Supporting work in computer science, mathematics, and statistics is recommended.
All study-abroad or transfer courses must be approved by the Director of Undergraduate Studies in the Department of Economics.
At least 12 upper-division credits in the major must be taken at the University of Minnesota - Twin Cities campus.
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.
Core Courses
Take exactly 7 course(s) totaling exactly 28 credit(s) from the following:
·
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)
or
MATH 2373 - CSE Linear Algebra and Differential Equations
(4.0 cr)
·
MATH 2263 - Multivariable Calculus
(4.0 cr)
or
MATH 2573H - Honors Calculus III
(4.0 cr)
or
MATH 2374 - CSE Multivariable Calculus and Vector Analysis
(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, one of the following courses may count towards the Electives requirement: MATH 4603, MATH 5615H.
Take exactly 4 course(s) totaling 12 - 16 credit(s) from the following:
·
ECON 3970 - Topics in Economics
(3.0 cr)
·
ECON 4113 {Inactive}
(4.0 cr)
·
ECON 4331W - Economic Development
[WI]
(3.0 cr)
·
ECON 4337 {Inactive}
(3.0 cr)
·
ECON 4431W - International Trade
[GP, WI]
(3.0 cr)
·
ECON 4432W - International Finance
[WI]
(3.0 cr)
·
ECON 4531 - Labor Economics
(3.0 cr)
·
ECON 4631 - Industrial Organization and Antitrust Policy
(3.0 cr)
·
ECON 4721 - Money and Banking
(3.0 cr)
·
ECON 4821 - Public Economics
(3.0 cr)
·
ECON 4831 - Cost-Benefit Analysis
(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)
or
ECON 4758 - Advanced Financial Economics
(4.0 cr)
·
ECON 4960 {Inactive}
(4.0 cr)
or
ECON 4968 {Inactive}
(4.0 cr)
·
Area Study Courses
Only one country/area study course or DUS-approved study abroad course may count toward the electives requirement.
Take no more than 1 course(s) from the following:
·
ECON 3960 {Inactive}
(3.0 cr)
·
ECON 4311 - Economy of Latin America
(3.0 cr)
·
ECON 4317 - The Chinese Economy
(3.0 cr)
·
Independent Study
Take at most 3 credit(s) from the following:
·
ECON 3991 - Independent Study
(1.0-3.0 cr)
Advanced Courses
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 4108 - Advanced Game Theory and Applications
(4.0 cr)
·
ECON 4438W - Advanced International Trade
[GP, WI]
(4.0 cr)
·
ECON 4538 - Advanced Labor Economics
(4.0 cr)
·
ECON 4738 {Inactive}
(4.0 cr)
·
ECON 4748 {Inactive}
(4.0 cr)
·
ECON 4751H {Inactive}
(4.0 cr)
·
ECON 4758 - Advanced Financial Economics
(4.0 cr)
·
ECON 4828 {Inactive}
(4.0 cr)
·
ECON 4968 {Inactive}
(4.0 cr)
·
PUBH 6832 is a Masters' level course. Economics majors with a 3.6 or higher GPA should contact Dr. Simran Sahi about the possibility of signing up for this course.
·
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 4431W - International Trade
[GP, WI]
(3.0 cr)
·
ECON 4432W - International Finance
[WI]
(3.0 cr)
·
ECON 4438W - Advanced International Trade
[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)
or
ECON 4xx8 - Advanced Course
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