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
- Mathematics: M118 and either M119 or M211
- Statistics: E370
- Introductory economics: E201 and E202
- Intermediate economic theory: E321 and E322
- Economics electives: At least four additional economics courses (12 credit hours) at the 300 or 400 level, excluding E496 and Y398. At least three of the elective courses (9 credit hours) must be numbered above E322, and at least two of these three courses (6 credit hours) must be taken in residence on the Bloomington campus.
- A total of at least 27 credit hours of economics. Students must also complete all degree requirements of the College of Arts and Sciences.