The requirements for a major in economics are:
- Math 2200, or a pre-approved substitute statistics, such as Math 3200, QBA 120 & 121, or ESE 326. Math 2200 is a prerequisite for Econ 413, a required course for the major.
- Math 132 (Calculus II). Math 132 is a prerequisite for Econ 4011.
- Econ 493 (Mathematical Economics, a 1-credit, 5-week course), to be taken concurrently with Econ 4011. (Majors may instead complete Math 233 – Calculus III, again, prior to, or concurrently with, Econ 4011.)
- Econ 1011, Introduction to Microeconomics and Econ 1021, Introduction to Macroeconomics. These introductory courses can be taken in any order (or concurrently), typically during a student’s freshman or sophomore year.
- Seven upper-level economics courses which must include:
a) Econ 4011, Intermediate Microeconomic Theory, and Econ 4021, Intermediate Macro-economic Theory. (Econ 4011 is a prerequisite to Econ 4021.) These two courses are the foundation of any economic study. They introduce the student to the basic theoretical framework of economics.
b) Four 300- and 400-level elective classes. At least two of these classes must have Econ 4011 and/or Econ 4021 as a prerequisite.
c) Econ 413, Introduction to Econometrics.
All courses must be taken for a letter grade, and a C- or better must be received in each course in order to obtain credit toward the major.
The Undergraduate Guide contains much more detail about the major requirements, including: a discussion of AP credit; the policy regarding transfer credit for courses taken outside of the Economics department; suggestions for incorporating study abroad into the major requirements; and suggestions for the timing of classes to meet particular objectives, such as participation in the Latin Honors program or admission to a graduate program in Economics (or Finance). Majors are strongly encouraged to familiarize themselves with the Undergraduate Guide and to consult often with their major advisor. Those interested in learning more about the major should peruse the links to the left and are welcomed and encouraged to schedule an appointment with the Academic Coordinator. (WUSTL key login; password = petersen)