Nine courses in addition to the prerequisites, with a GPA for these nine courses of no less than 2.0. The nine courses must include the following:
- ECON 20, ECON 21, and ECON 22
- A culminating experience class and its prerequisites. This implies choosing a 3-course sequence from among the following:
- ECON 62, with prerequisites ECON 32 and ECON 29
- ECON 64, with prerequisites ECON 24 and either ECON 27 or ECON 39
- ECON 65, with prerequisites ECON 25 and ECON 35
- ECON 66, with prerequisites ECON 26 and ECON 36
- ECON 67, with prerequisites ECON 27 and either ECON 24 or ECON 28 or ECON 37
- ECON 68, with prerequisites ECON 28 and ECON 38
- ECON 69, with prerequisites ECON 29 and ECON 39
- Honors via the 80-81-82 sequence (see below)
- Three additional ECON major courses, at least two of which must be numbered between 23 and 69
NOTES: The courses numbered 62-69 are identical to corresponding course numbers 42-49 in the period before Winter 2020 and satisfy the same requirements.
The first requirement ensures that majors are proficient in each of the three core areas of economics: microeconomics, macroeconomics and econometrics.
Economics 20, “Econometrics,” studies the statistical analysis of economic data and provides an overview of how to carry out and interpret empirical research, preparing students for the culminating experience in the major. Economics 21, “Microeconomics,” covers many of the same topics as Economics 1 at a more advanced level through the use of calculus. Economics 22, “Macroeconomics,” helps to develop an advanced understanding of the aggregate economy.
The second requirement ensures that majors are proficient in at least one field of concentration and have completed a culminating experience in that field. These fields, represented by the sequences above, can generally be thought of as:
- Macroeconomics (the “2s”)
- Development Economics (the “4s”)
- Industrial Organization (the “5s”)
- Money and Finance (the “6s”)
- Labor (the “7s”)
- Public (the “8s”)
- International (“the 9s”)
- Advanced Theory (“the 80s”)
The culminating experience is a senior seminar in which students read and discuss the important literature in the field and produce a major paper of their own, which is typically empirical.