Students majoring in economics need to successfully complete (a) four required economics courses, (b) two math courses, (c) five elective courses in economics, and (d) a capstone experience. A course is successfully completed if a grade of C- or higher is earned.

Required Economics Courses

  • Principles of Economics (ECON 119)
  • Intermediate Microeconomics (ECON 361)
  • Intermediate Macroeconomics (ECON 371)
  • Introduction to Econometrics (ECON 381)

Required Mathematics Courses

  • Applied Multivariable Calculus II (MATH 137) or Applied Multivariable Calculus I (MATH 135)
  • Introduction to Statistical Modeling (MATH 155)

Elective Economics Courses

The Economics Department offers two types of elective courses. Economics electives (Group E) are those traditionally offered as part of an undergraduate economics curriculum. Business electives (Group B) include courses in accounting, applied finance and banking, entrepreneurship and management.

Group E Electives

200-Level (These serve as prerequisites for Intermediate Microeconomics, ECON 361)

  • Introduction to International Economics (ECON 221)
  • Comparative Economic Systems (ECON 225)
  • Adam Smith and Karl Marx (ECON 227)
  • World Economic History (ECON 229)
  • Environmental Economics and Policy (ECON 231)
  • Economics of Gender (ECON 242)
  • Economics of Not‐for‐Profit (ECON 252)
  • Economics of International Migration (ECON 265)
  • Money and Banking (ECON 294)


  • China, Russia, and Central Europe In Transition (ECON 325)
  • Economics of Global Food Problems (ECON 333)
  • Economics of Poverty in the U.S. (ECON 342)
  • Capital Markets (ECON 356)
  • China’s Modern Economy (ECON 394)
  • Game Theory (ECON 394)

400-Level that count for capstone credit (significant independent research component)

  • Quantitative Macroeconomic Analysis (ECON 420)
  • International Economic Development (ECON 426)
  • Public Finance and Public Policy (ECON 431)
  • Labor Economics (ECON 442)
  • Honors Seminar (ECON 444)
  • Advanced Econometrics (ECON 481)
  • Empirical Finance (ECON 485)
  • Behavioral and Experimental Economics (ECON 490)

400-Level that do not count for capstone credit

  • Industrial Organization (ECON 405)
  • Finance (ECON 457)

 Group B Electives

  • Financial Accounting (ECON 113)
  • Organizational Leadership (ECON 116)
  • Business Negotiation (ECON 194)
  • Introduction to Entrepreneurship (ECON 208)
  • Introduction to Investment Banking (ECON 256)
  • Managerial Accounting (ECON 353)
  • Introduction to Securities Analysis (ECON 358)

Courses that do not count for the economics major

  • Introduction to the American Economy (ECON 115)
  • Business Communication (ECON 210)

Note: It is recommended that students take MATH 137 to complete the calculus requirement. New “topics” courses are offered on a trial basis and numbered 194, 294, 394 or 494. You may receive major/minor credit for courses taken at other colleges and universities (e.g., business courses at the University of St. Thomas or courses taken while studying abroad). Please provide the department chair with course information (a link to the course or a copy of the syllabus) so a determination can be made about whether it will be accepted for credit and at what level.

Revised June 2016