Electives (12 units in total):

• Two (3-unit) economics electives 4000-level.
• Two (3-unit) economics electives at the 3000- or 4000-level.

 (Pre-Workday: Four (3-unit) economics electives at the 300- or 400-level.  At least two electives must have Econ 4011 and/or Econ 4021 as a prerequisite.) 

• All courses for major or minor credit – including MATH and SDS courses – must be completed with the letter grade option, and a grade of at least C- must be earned in each.
• For transfer credit in the major or minor, a grade of C (or higher) is required in study abroad coursework. Pre-approval for study abroad/away transfer credit coursework is required.
• No credit is awarded in the economics major or minor from the AP Microeconomics, the AP Macroeconomics, the British A-level, or the International Baccalaureate (IB) exams.
• AP credit for MATH 1510, MATH 1520, and/or SDS 2020 is accepted in the economics major and minors.
• It is possible to earn the Financial Economics Specialization in conjunction with this major.
• It is possible to graduate with Latin Honors or with “English” honors.  Refer to the department website or consult with the Academic Coordinator in the Economics Dept. (dottie@wustl.edu) for further information
• Substitutions for mathematics courses and study abroad approval for mathematics courses will be determined by the Math department.
• Substitutions for statistics courses and study abroad approval for statistics courses will be determined by the Statistics & Data Science department.
• Substitutions for economics courses and study abroad approval for economics courses will be determined by the Academic Coordinator in the Econ department.
• Majors in an approved study abroad/study away program may receive transfer credit for ECON 3150 (introductory econometrics) and two electives at the 3000-level.
• Minors in an approved study abroad/study away program may receive transfer credit for one economics elective at the 3000-level.
• For further details on policies and procedures, please refer to the Bulletin, the department’s website and “Undergraduate Guide,” or schedule a meeting with the department’s Academic Coordinator.

Required:

Electives:

Majors must complete 6 (3-unit) electives, with 3 in Economics and 3 in Computer Science.

In Economics:

• Econ 4002 (Intermediate Macroeconomics) or any 3-unit economics elective at the 4000-level.
• Economics electives of particular relevance include (but are not limited to): Econ 4151 (Applied Econometrics); Econ 4160 (Applied Microeconometrics); Econ 4315 (Market Design); Econ 4335 (Industrial Organization); Econ 4420 (Computational Macroeconomics); Econ 4710 (Game Theory) 

*Students planning to complete CSE 5107 should try to complete CSE 4107 as the prerequisite course.

• Students in Arts&Sciences, Olin or Sam Fox may declare a second major in Econ+CSE . McKelvey students may declare a B.S. in CSE+Econ or a second major in Econ+CSE.
• All courses for major credit – including MATH and SDS courses – must be completed with the letter grade option, and a grade of at least C- must be earned in each.
• No credit is awarded in the economics major or minor from the AP Microeconomics, the AP Macroeconomics, the British A-level, or the International Baccalaureate (IB) exams.
  • Students who by-pass the introductory course(s) in economics will need to complete additional elective coursework in Computer Science or in Economics. (In Economics, elective coursework can be at the 3000- or 4000-level.)
• AP (or ‘by proficiency’) credit for CSE 1301, MATH 1510 and/or MATH 1520 is accepted in the major.
• It is possible to earn the Financial Economics Specialization in conjunction with this major.
• It is possible to graduate with Latin Honors. Students whose primary major is not in Arts & Sciences should consult their college’s website. Students earning a B.A. in Arts & Sciences may earn Latin Honors by completing 9 units (3 courses) of additional coursework, over-and-above the major requirements:
  • Econ 4151, Econ 4160, or SDS 4010 (formerly SDS 493/Math 493C), or a pre-approved Statistics/Data Science course.
  • One economics course from:  Econ 4315 (407); Econ 4151; Econ 4160; Econ 4335 (452); Econ 4710 (467); Econ 4420 (484); Econ 8010 (503). (Econ 4151 or Econ 4160 may not be used for both this and the preceding requirement.)
  • One computer science course from the list above.
• For transfer credit in the major, a grade of C (or higher) is required in study abroad coursework. Substitutions for economics courses and study abroad (or away) approval will be determined by the Academic Coordinator in the Econ department. Substitutions for computer science courses and study abroad (or away) approval will be determined by the McKelvey School of Engineering.
  • Majors may receive abroad transfer credit for Econ 3150 (413) and/or any economics elective; majors must complete 2 of the 3 economics electives in residence.
    • Majors will consult with the study abroad advisor in Engineering regarding transfer credit policies for computer science, and up to two computer science electives can transfer from study abroad.

Required:

Electives:

Majors must complete 7 electives, with 3 in each discipline and one from either department or from the pre-approved elective list below.

Economics Electives:

• One of the three electives can be any 3-unit economics elective at the 4000-level, including from an approved study abroad program.  The other two economics electives must come from the following list:

• With instructor permission, students may use any of the following for economics elective credit: Econ 8010, Econ 8011, Econ 8020, Econ 8021, Econ 8110, Econ 8710.

Mathematics Electives:

• For Mathematics, the electives can come from the following list:

Pre-approved Electives (choose at most 1):

• At WashU, all courses for major credit must be completed with the letter grade option, and a grade of at least C- must be earned in each. For study-abroad transfer credit in the major, a grade of C (or higher) is required.
• It is recommended that students completing Math 2801-2802 should by-pass Math 3010 and Math 3300. However, they must complete one upper-level Mathematics elective from the list above (with the exception of Math 3180) in lieu of Math 3010/3300.
• It is possible to earn the Financial Economics Specialization in conjunction with this major.
• It is possible to graduate with Latin Honors or with “English” honors.  Refer to the Bulletin or consult with either Prof. Blake Thornton (mathematics; bthornton@wustl.edu) or the Economics Academic Coordinator (dottie@wustl.edu) for further information
• Substitutions for mathematics courses and study abroad approval for mathematics courses will be determined by the Math department. Substitutions for economics courses and study abroad approval for economics courses will be determined by the Academic Coordinator in the Econ department. Substitutions for CSE 1301 (including from study abroad transfer credit) are subject to approval by the McKelvey School of Engineering.
  • Majors selecting an approved study abroad program (for one semester) may receive transfer credit for ECON 3150.
  • Majors selecting an approved study abroad program (for one semester) may also receive transfer credit for up to two economics electives. (Majors completing two economics electives abroad are required to complete four economics electives in the major.)
  • See the Bulletin for further information.
• AP (or ‘by proficiency’) credit for CSE 1301 is accepted in the major.
• AP credit (or ‘by proficiency’ or ‘back credit’) for ECON 1501, ECON 1502, MATH 1510, and/or MATH 1520 is accepted in the major. Consult with the Department of Mathematics and the Department of Economics for International Baccalaureate and British A-level policies.
• Students may seek pre-approval for one elective not on the lists above. Contact Prof. Blake Thornton (mathematics; bthornton@wustl.edu) or the Economics Academic Coordinator (dottie@wustl.edu)
• †At most two of these electives may be completed when a student completes four, L24 Math electives. At most one of these electives may be completed when a student completes three, L24 Math electives.
• ‡ SDS 4010 is elective credit in the major if SDS 3020 (or SDS 3030) is completed to satisfy the core requirements.

• The prerequisite courses for Econ 4001 are Econ 1501 and Math 1520. In addition, Econ 4830 or Math 2130 must be taken prior to, or concurrently with, enrollment in Econ 4001. The prerequisite courses for Econ 4002 are Econ 1502 and Econ 4001.
• Minors in an approved study abroad/study away program may receive transfer credit for one economics elective at the 3000-level.
• For further details on policies and procedures, please refer to the "Undergraduate Guide," the department's website, or schedule a meeting with the department's Academic Coordinator.

• The prerequisite courses for Econ 4001 are Econ 1501 and Math 1520. In addition, Econ 4830 or Math 2130 must be taken prior to, or concurrently with, enrollment in Econ 4001.
• Minors in an approved study abroad/study away program may receive transfer credit for one economics elective at the 3000-level.
• For further details on policies and procedures, please refer to the "Undergraduate Guide," the department's website, or schedule a meeting with the department's Academic Coordinator.

• Econ 3210 Money & Banking (Econ 335)
• Econ 3220 Financial Markets & Analysis (Econ 3311)
• Econ 4210 Topics in Financial Econ: Asset
• Pricing)
• Econ 4211 Topics in Financial Econ: Investments
• Econ 4230 The Economics of Financial Intermediation (Econ 437)
• Econ 4240 Money & Monetary Policy (Econ 448)
• Fin 3150 Capital Markets & Financial Management (FIN 340) - approved if the student is not a Finance major/minor
• Math 4560 Topics in Financial Mathematics (Math 456) - for students selecting the Math+Econ major, only
• An approved course from a study abroad/away program (approved by the Academic Coordinator in the Dept. of Economics)

(pre-Workday course numbers in parentheses)

Economics Major, Financial Economics Specialization:

Refer to the requirements of the Economics major, outlined above. Students with a BA or second major in "Economics Major, Financial Economics Specialization" must do the following, in addition to the major requirements:

• Complete one additional economics elective at the 3000- or 4000-level. (In other words, a total of 5 economics electives are completed, rather than the 4 required for the major alone.)
• A minimum of 3 of the 5 economics electives must be drawn from the approved list of "Financial Economics Electives,” above.

Economics and Computer Science Major, Financial Economics Specialization:

Refer to the requirements of the Economics and Computer Science major, outlined above. Students pursuing the "Economics and Computer Science Major, Financial Economics Specialization" (in either ArtSci or in McKelvey) must do the following, in addition to the major requirements:

1. Complete 1 additional economics elective. (In other words, a total of 4 economics electives are completed, rather than the 3 required for the major alone.)
2. Additionally, both of the following must be satisfied:

• At least 3 of the 4 economics electives must be drawn from the pre-approved list of Economics electives in the major.
• At least 2 of the 4 economics electives must be drawn from the approved list of "Financial Economics Electives” above.

Mathematics and Economics Major, Financial Economics Specialization:

Students completing this major must do the following:  

1. Complete the "Required Courses" courses for the Math+Econ major, as described above.
2. Complete 4 Economics electives, where both of the following must be satisfied:
   1. at least 2 (of the 4) electives must be drawn from the list of "Financial Economics Electives" (above); and
   2. at least 3 (of the 4) electives must be drawn from the approved list of Economics electives in the Math+Econ major.
3. Complete 3 Mathematics electives drawn from the approved list of Mathematics electives in the Math+Econ major.
4. Complete Math 4560 (Topics in Financial Mathematics).

Here is the next step:

Declare one of the following majors (B.A. or Second) in Workday:

• Economics Major, Financial Economics Specialization
• Economics and Computer Science Major, Financial Economics Specialization*
• Mathematics and Economics Major, Financial Economics Specialization

*Only available as a second major to McKelvey students.

An additional helpful step is to notify the Economics department of your intent to earn the Financial Economics Specialization by completing the form on the Department’s website at least one semester prior to graduation.

Link to the form:  https://economics.wustl.edu/certificate-financial-economics