Departments & Programs

Economics

Major in Economics

Purpose

The core of the economics major focuses on providing an understanding of how microeconomic theory, macroeconomic theory, statistics, and mathematical modeling can be used to analyze and guide the decisions of business firms, consumers, and public-policy makers in a variety of market settings. Elective courses add breadth and depth to students' understanding of the basic tools of economic analysis by focusing on their application within specific subfields.

Required Courses
  1. Mathematics: M118 and either M119 or M211
  2. Statistics: E370
  3. Introductory economics: E201 and E202
  4. Intermediate economic theory: E321 and E322
  5. At least three additional economics courses numbered above E322. At least two of these courses must be taken in residence on the Bloomington campus. E370, E496, and Y398 cannot be used to meet this requirement.
  6. A total of at least 27 credit hours of economics. E496, Y398, and E175 cannot be included in this total.