Economics Major

Program Requirements

  • Total Units Required: 37-39
  • Grade Requirement: All courses in the major (including MATH and SDS courses) must be completed with the letter grade option, and a grade of at least C- must be earned in each. 

Required Courses

ECON 1501Introduction to Microeconomics3
ECON 1502Introduction to Macroeconomics3
ECON 4001Intermediate Microeconomic Theory3
ECON 4002Intermediate Macroeconomic Theory3
ECON 3150 Introduction to Econometrics or ECON 4150 Introduction to Econometrics with Writing3
ECON 4830 Mathematical Economics or MATH 2130 Calculus III1
MATH 1510 Calculus I or MATH 1515 Calculus I with Foundations3
MATH 1520Calculus II3
One of the following:
SDS 2020
Elementary Probability & Statistics
SDS 3020
Elementary to Intermediate Statistics and Data Analyasis
SDS 3030
Statistics for Data Science I
ESE 3260
Probability and Statistics for Engineering
DAT 1200 Managerial Statistics I and DAT 1201 Managerial Statistics II

Elective Courses

Four upper-level (3-unit) economics electives (12 units), at least two of which must have an ECON 4001 or ECON 4002 prerequisite.

Additional Information

  • No credit is awarded in the economics major from the AP Microeconomics or the AP Macroeconomics exam(s).
  • AP credit for MATH 1510, MATH 1520, and/or SDS 2020 is accepted in the economics major.

Study Abroad 

  • Majors selecting an approved study abroad program (for one semester) may receive transfer credit for ECON 3150. Note: many study abroad programs in Europe do not offer the equivalent of ECON 3150 in the spring semester. A grade of C (or higher) is required in study abroad coursework. Preapproval from the department's study abroad advisor is required.
  • Majors selecting an approved study abroad program (for one semester) may also receive transfer credit for two economics electives, which count in the major as 3000-level electives (regardless of the abroad course prerequisite). A grade of C (or higher) is required in study abroad coursework. Preapproval from the department's study abroad advisor is required.
  • Majors selecting an approved study abroad program for a full year of study will be handled on a case-by-case basis in terms of meeting degree requirements. All majors must complete at least 4, 4000-level courses from the Department of Economics.

Transfer Credit

  • Majors may receive a maximum of 3 units of transfer credit from other colleges/universities to replace ECON 1501, ECON 1502, or a 3000-level economics elective. A minimum grade of C- must be earned. This policy is distinct from studying in an approved study abroad/study away program, but, in total, no more than 9 units of transfer credit will be accepted for a major matriculating as a freshman.
  • Transfer credit for MATH or for SDS courses is approved by the respective departments and is accepted by the Department of Economics for major credit.
  • For further details on policies and procedures, please refer to the Undergraduate Guide and the Department's website, or schedule a meeting with the department's Academic Coordinator.

Contact Info

Contact:Dorothy Petersen, Academic Coordinator
Phone:314-935-5644
Email:dottie@wustl.edu
Website:http://economics.wustl.edu