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Bachelor's Degree Programs

Major in Economics

Economics is the study of how people and societies determine how much to work both in the marketplace and at home, how much to spend, save, and invest. A major in economics supports the liberal arts tradition of promoting students' growth in critical thinking and developing an understanding of the world around them. Economics provides insight into how markets can function in coordinating the activities of many diverse buyers and sellers. It also indicates conditions which make it difficult for markets to function well without either governmental or nonprofit sector intervention.

The Bachelor of Arts degree with a major in Economics (ECON) requires satisfactory completion of the following:

  • completion of general education and distribution requirements as indicated in the School of Liberal Arts section of the IUPUI bulletin that was current when the student declared a major in Economics,
  • completion of a total of 32-33 credit hours, with a minimum grade of C in each course,
  • choice of the General Track (33 credits total) or the Quantitative Track (32-34 credits total),
  • 15 credits in Economics, including ECON-E 406, must be taken at IUPUI (effective Fall 2015).

Major Requirements:

  • ECON-E 201: Introduction to Microeconomics (3 cr.)
  • ECON-E 202: Introduction to Macroeconomics (3 cr.) (Prerequisite for this course is E 201.)
  • ECON-E 270: Introduction to Statistical Theory in Economics (3 cr.)
  • ECON-E 321: Intermediate Microeconomic Theory (3 cr.) (Prerequisite for this course is E 201.)
  • ECON-E 322: Intermediate Macroeconomic Theory (3 cr.) (Prerequisite for this course is E 202.)
  • ECON-E: 406 Senior Seminar (3 cr.) (Prerequisites for this course are E 321 and E 322.)

With the exception of ECON-E 406, these classes should be completed by the end of the junior year.

Choose either the General Track or the Quantitative Track to complete a Major in Economics:

General Track – (33 credit hours); The general track requires an additional five courses, consisting of the following:

  • MATH-M 118 Finite Math
  • MATH-M 119 Brief Survey of Calculus

Economics electives (9 credit hours) from the following:

  • ECON-E 303: Introduction to International Economics
  • ECON-E 304: Introduction to Labor Economics
  • ECON-E 305: Money and Banking
  • ECON-E 307: Current Economic Issues
  • ECON-E 308: Public Finance
  • ECON-E 337: Economic Development
  • ECON-E 375: Mathematical Economics
  • ECON-E 408:Undergraduate Readings in Economics – Arranged
  • ECON-E 410: Economic History
  • ECON-E 420: History of Economic
  • ECON-E 470: Introduction to Econometrics

Quantitative Track – (32 credit hours); The quantitative track requires an additional four courses (or more, depending on the student’s readiness for the math sequence) consisting of the following:

  • MATH 16500: Analytic Geometry and Calculus I
  • MATH 16600: Analytic Geometry and Calculus II
  • ECON-E 470: Introduction to Econometrics

Economics electives (3 credit hours) from the electives list above (excluding ECON-E 470).