Campuses:
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.
Duluth Campus
Economics B.A.Economics & Health Care Management
Labovitz School of Business and Economics
Economics is the study of social, business, and individual decision-making and the goals, incentives, institutions, and constraints affecting those decisions. The BA Economics curriculum combines the classical liberal arts and modern quantitative approaches and is designed for students pursuing a second major or minor in traditional liberal arts disciplines or in mathematics and statistics.
The BA prepares students for careers in business and government, the study of law, and graduate work in economics, management, public policy, and related fields. Business careers that require the analytical training of an economist include banking, management, insurance, marketing research, and securities trading. Economists who work for government agencies assess economic conditions in the United States and abroad and predict the economic impact of specific changes in legislation or public policy. Government careers include those in foreign and intelligence service, regulatory agencies, and international trade.
Majors are encouraged to select a discipline that complements their chosen career path or builds on their analytical training. Students have considerable flexibility in designing their major to ensure it meets personal and professional interests and needs. Students should consult their department advisor to define the focus and coverage of their program and select courses in other disciplines. Students interested in graduate study should plan on taking both ECON 3030 and ECON 4213. The department faculty welcomes and encourages student interaction with other students and the faculty through activities such as UROP projects, Omicron Delta Epsilon (honorary society for economics), Economics Club, and other activities and events.
Honors Requirements: The department honors program recognizes majors who demonstrate outstanding academic performance. Department honors are noted in the commencement bulletin and by the following notation on the student's transcript: Graduated with Distinction in Economics.
To be eligible, degree candidates must earn a 3.20 GPA overall. In addition, candidates must earn a 3.20 GPA in economics courses and satisfactorily complete a research project under the guidance of a faculty member or complete an approved internship.
Program Delivery
This program is available:
Admission Requirements
For information about University of Minnesota admission requirements, visit the
Office of Admissions
website.
Required prerequisites
Introductory Course (1 cr)
Not required for transfer students with 30 or more credits, or for students who change college into LSBE.
UST 1000 - Learning in Community
(1.0-2.0 cr)
General Requirements
Program Requirements
1. A second field of study (either a minor or another major).
2. At least 20 of the last 30 credits immediately before graduation must be taken at UMD.
3. Completion of the upper division economics core and an overall GPA of 2.80 for an internship and/or independent study.
Lower Division (17 cr)
BLAW 2001 - The Legal Environment
[LE CAT8, HUMANITIES]
(3.0 cr)
ECON 1022 - Principles of Economics: Macro
[LE CAT, SOC SCI]
(3.0 cr)
ECON 1023 - Principles of Economics: Micro
[LE CAT, SOC SCI]
(3.0 cr)
Math
MATH 1160 - Finite Mathematics and Introduction to Calculus
[LE CAT, LOGIC & QR]
(5.0 cr)
or
MATH 1296 - Calculus I
[LE CAT, LOGIC & QR]
(5.0 cr)
Statistics
ECON 2030 - Applied Statistics for Business and Economics
[LOGIC & QR]
(3.0 cr)
or
PSY 3020 - Statistical Methods
(4.0 cr)
or
SOC 3155 - Quantitative Research Methods and Analysis
(4.0 cr)
or
STAT 1411 - Introduction to Statistics
[LE CAT, LOGIC & QR]
(3.0 cr)
or
STAT 3611 - Introduction to Probability and Statistics
(4.0 cr)
Electives (15 cr)
By approval, one 3xxx or above course outside of ECON may be applied. No more than 6 credits of any combination of internship, independent study, or courses outside ECON can be used for upper division electives.
Take 5 or more course(s) totaling 15 or more credit(s) from the following:
Take no more than 3 course(s) from the following:
·
ECON 3xxx
·
Take 2 or more course(s) totaling 6 or more credit(s) from the following:
·
ECON 4xxx
Advanced Writing Requirement (3 cr)
BCOM 3141 - Business Communications
(3.0 cr)
or
WRIT 31xx
|
|
Credits: | 1.0 -2.0 [max 2.0] |
Course Equivalencies: | EHS 1000/UST 1000/ ES 1000 |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall & Spring |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F only |
Typically offered: | Every Fall, Spring & Summer |
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 |
Credits: | 5.0 [max 5.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 5.0 [max 5.0] |
Course Equivalencies: | Math1290/1296/1596 |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 3.0 [max 3.0] |
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] |
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 |
Credits: | 4.0 [max 4.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall, Spring & Summer |
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 |
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 |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Periodic Fall & Spring |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Periodic Fall & Spring |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall, Spring & Summer |