The Robert Day School of Economics and Finance

Economics: Major Requirements


The major in economics requires ten courses distributed as follows:

1. Core Requirement (three courses)

  • Economics 50. Principles of Economic Analysis
  • Economics 101. Intermediate Microeconomics
  • Economics 102. Intermediate Macroeconomics

Notes: - Economics 101 and 102 require completion of basic calculus at the level of Mathematics 30. Calculus I, or higher;
- Students should complete Economics 101 or 102 prior to taking level II elective courses in the major.

2. Statistics Skill Requirement (one course)

  • Economics 125. Econometrics

With department approval, students may meet the statistics requirement by showing proficiency through another appropriate statistics course (or courses). The statistics requirement should be completed concurrently with the Core Requirement.

3. Electives Requirement (six courses) beyond the Core and Statistics Skill requirements.

Elective courses are arranged in two categories according to prerequisites:

  • Level I elective courses: these courses only require Economics 50 as a prerequisite;
  • Level II elective courses: these courses require Economics 101 and/or Economics 102, or a more advanced economics course as a prerequisite;

Majors must take at least 4 level II elective courses toward the major.

Notes: - Accounting courses (Economics 86 through 160, with the exception of 151 and 157) are level I elective courses for economics majors.