Williams School of Commerce, Economics, and Politics

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Economics

Degree Requirements

Economics majors begin their exploration of economics by completing a pair of courses on principles of economics (Economics 101, 102), a pair of courses on statistics and econometrics (Interdepartmental 202, Economics 203), and a one-credit course on using information technology (Interdepartmental 201). Also, competency in differential calculus at the level of Math 101 is required to facilitate understanding of economic analysis and one introductory course in politics is required to assure that students understand the realm in which economic policies are formulated and implemented. One additional course in either politics or math is required.

Economics majors then move on to complete a series of required courses that develop in them a deep understanding of economic decisions and strategies (Intermediate Microeconomics, Economics 210) and the determinants of aggregate economic growth, inflation, and employment (Intermediate Macroeconomics, Economics 211). Students must also complete four upper-level elective courses.

During the fall term of their senior year students must enroll in a research seminar (Field-Specific Research Seminar in Economics, Economics 398), which serves as a prerequisite for Capstone Seminar in Economics (Economics 399), which students must take during the winter term of their senior year. This course will feature research seminars presented by scholars from universities, think tanks, and government agencies. For this course students conduct research under the watchful eye of a faculty mentor, write up their findings, and present their research to their peers.

Requirements for the major are summarized as follows:

GATEWAY AND FOUNDATION COURSES

  • Economics 101 (Principles of Microeconomics)
  • Economics 102 (Principles of Macroeconomics)
  • Interdepartmental 202 (Applied Statistics)
  • Economics 203 (Econometrics)
  • Interdepartmental 201 (Information Technology Literacy)
  • Politics, 100-level, one course
  • Math 101(Caluculus I)
  • One additional course in Politics or Math

UPPER-LEVEL CORE COURSES

  • Economics 210 (Intermediate Microeconomics)
  • Economics 211 (Intermediate Macroeconomics)
  • Economics 398 (Field-Specific Research Seminar in Economics)
  • Economics 399 (Capstone Economics Seminar)

UPPER-LEVEL ELECTIVES

Economics majors are required to take 12 credits (four courses) from among elective courses numbered above 211. Upper-Level elective courses offered by the Economics Department are listed below:

  • Economics 215: Money and Banking
  • Economics 220: Mathematical Economics
  • Economics 221: Experimental Economics
  • Economics 224: American Economic History
  • Economics 225: Industrial Revolutions
  • Economics 226: Socio-Economic Themes in Literature and Film
  • Economics 230: Labor Economics
  • Economics 231: Economics of Race and Ethnicity
  • Economics 235: Economics of Social Issues
  • Economics 236: Economics of Education
  • Economics 237: Health Economics
  • Economics 238: Poverty and Inequality in the U.S.
  • Economics 239: Economics of Crime and Punishment
  • Economics 243: Industrial Organization
  • Economics 244: Economics of the Auto Industry
  • Economics 248: Economic Analysis of Law
  • Economics 250: Public Finance
  • Economics 255: Environmental and Natural Resource Economics
  • Economics 270: International Trade
  • Economics 271: International Finance
  • Economics 272: Japan's Modern Economy
  • Economics 274: China's Modern Economy
  • Economics 275: Comparative Labor Markets
  • Economics 280: Development Economics
  • Economics 301: Strategy and Equilibrium
  • Economics 303: Topics in Econometrics
  • Economics 316: Central Banking
  • Economics 317: The European Monetary Union
  • Economics 356: Economics of the Environment in Developing Countries
  • Economics 382: Health Economics in Developing
  • Economics 288/289: Supervised Study Abroad
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