Economics (BS)

Program Educational Goals

Gain and demonstrate an understanding of foundational economic principles.
Enhance critical thinking skills by using economic concepts and models to explain economic behavior and outcomes, to evaluate policy impact, and to propose solution strategies.
Develop quantitative reasoning by using advanced econometrics and mathematical optimization techniques to construct and solve models, assess solutions, interpret data, and critique empirical research.
Communicate effectively about economic ideas, issues, and analyses.
Understand and evaluate economic events and economic policy.

Four Year Plan

Please refer to the Four-Year Plan for departmental recommended path toward graduation.

University Requirements:

ENGL 110 - First-Year Writing (C- minimum)
First Year Seminar (FYS) (0-4 credits)
Discovery Learning Experience (DLE) (three credits)
Multicultural Requirement (three credits)
University Breadth Requirements (C- minimum):
- Creative Arts and Humanities (three credits)
- History and Cultural Change (three credits)
- Social and Behavioral Sciences (three credits)
- Mathematics, Natural Sciences, and Technology (three credits)
Capstone Experience

Economics Major Requirements:

Applicability of transfer coursework to Lerner majors: Coursework at the ECON 100-level or higher may be transferred from AACSB-accredited institutions or institutions offering a BA or BS degree in economics only unless credit is earned through an approved articulation agreement or approved study abroad program.

All other coursework at the 300-level or higher may be transferred from AACSB-accredited institutions only unless credit is earned through an approved articulation agreement or approved study abroad program. Courses at the 100- and 200-level (except for ECON101 and ECON103) may be transferred from any institution following UD’s standard transfer credit policy.

Only one transfer course may apply toward the ECON electives requirement. The department does not grant transfer equivalency for 400-level ECON courses.

Intermediate core theory courses (ECON300, ECON301, ECON303, ECON304, and ECON306) must be completed at the University of Delaware.

Major Breadth Requirements:

Courses used to fulfill the University Breadth Requirement above may also be used to fulfill the Major Breadth Requirements. Courses used to satisfy Major Breadth Requirements may also be used to satisfy major requirements. Minimum grade C- required for all courses used to satisfy the Major Breadth Requirements.

Nine credits representing at least two subject areas, including cross-lists, of Creative Arts and Humanities
Nine credits representing at least two subject areas, including cross-lists, of History and Cultural Change (ECON 315 and ECON 316 may apply)
Three credits of Social and Behavioral Sciences (cannot be satisfied by an ECON course, including cross-lists)
Four credits of Mathematics, Natural Sciences and Technology (at least one course must have an associated laboratory). Cannot be satisfied by courses satisfying the Mathematics & Statistics requirement. Acceptable courses for satisfying the laboratory requirement include:

ARTC 210 - Science of Color Phenomena Credit(s): 4
BISC 104 - Principles of Biology with Laboratory Credit(s): 4
BISC 113 - General Biology Laboratory Credit(s): 1
BISC 115 - Human Heredity and Development Laboratory Credit(s): 1
BISC 116 - Elementary Human Physiology Laboratory Credit(s): 1
BISC 117 - Elementary Evolutionary Ecology Laboratory Credit(s): 1
BISC 207 - Introductory Biology I Credit(s): 3
BISC 208 - Introductory Biology II Credit(s): 3
BISC 217 - Introductory Biology I Laboratory Credit(s): 1
BISC 218 - Introductory Biology II Laboratory Credit(s): 1
CHEM 131 - General Chemistry Laboratory Credit(s): 1
CHEM 132 - General Chemistry Laboratory Credit(s): 1
CHEM 133 - General Chemistry Laboratory Credit(s): 1
CHEM 134 - General Chemistry Laboratory Credit(s): 1
ENWC 215 - Insects and Society Laboratory Credit(s): 1
GEOG 111 - Physical Geography Laboratory Credit(s): 1
GEOG 152 - Climate and Life Credit(s): 4
GEOG 221 - Meteorology Lab Credit(s): 1
GEOL 107 - Geology of Dynamic Earth Credit(s): 4
GEOL 110 - Earth’s Evolving Systems Credit(s): 4
GEOL 113 - Earth Science Credit(s): 4
GEOL 115 - Geological Hazards Laboratory Credit(s): 1
KAAP 309 - Human Anatomy and Physiology I Credit(s): 4
KAAP 310 - Human Anatomy & Physiology II Credit(s): 4
PHYS 133 - Introduction to Astronomy Credit(s): 4
PHYS 203 - Fundamentals of Physics with Biomedical Applications I Credit(s): 4
PHYS 204 - Fundamentals of Physics with Biomedical Applications II Credit(s): 4
PHYS 221 - Introductory Physics Laboratory I Credit(s): 1
PHYS 222 - Introductory Physics Laboratory II Credit(s): 1
PHYS 227 - Fundamentals of Physics Laboratory I Credit(s): 1
PHYS 228 - Fundamentials of Physics Laboratory II Credit(s): 1
SCEN 101 - Physical Science Credit(s): 4
SCEN 102 - Physical Science Credit(s): 4
SCEN 105 - Science on the Scene Credit(s): 4
SCEN 107 - Snack Science Credit(s): 4
SCEN 109 - Art of Botany Credit(s): 4
SCEN 111 - Revolutionary Science Credit(s): 4
SCEN 115 - Origami Science Fablab/Makerspace Credit(s): 4
SCEN 117 - Citizen Science Credit(s): 4
SCEN 119 - Transforming Solar Energy Credit(s): 4

Second Writing Requirement:

A Second Writing Requirement approved by the College of Arts and Sciences. This course must be taken after completion of 60 credit hours, completed with a minimum grade of C-, and the section enrolled must be designated as satisfying the requirement in the academic term completed. Courses used to satisfy the second writing requirement may also be used to satisfy major requirements.

Core:

Minimum grade C-.

ECON 101 - Introduction to Microeconomics Credit(s): 3
ECON 103 - Introduction to Macroeconomics Credit(s): 3
ECON 301 - Intermediate Microeconomic Theory with Calculus Credit(s): 3
ECON 304 - Intermediate Macroeconomic Theory with Calculus Credit(s): 3
ECON 306 - Data Analysis for Economics and Business Credit(s): 3
ECON 422 - Econometric Methods for Causal Analysis Credit(s): 3

Economics Electives:

Six additional Economics courses (18 credits) at or above the 300-level, at least three of which are at or above the 400-level. Cross-listed courses may apply.
- Credit will be allowed for only ONE of the following courses: ECON 251 , ECON 255 , ECON 300 or ECON 301 .
- Credit will be allowed for only ONE of the following courses: ECON 303 or ECON 304 .
- Credit will not be allowed for both courses of any of the following sets of corresponding courses: ECON 332 and ECON 433 ; ECON 343 and ECON 444 ; ECON 360 and ECON 463 ; ECON 381 and ECON 483 ; ECON 415 and ECON 422 .

Mathematics & Statistics:

Minimum grade C-.

One of the following:

MATH 221 - Calculus I Credit(s): 3
MATH 232 - Integrated Calculus IB Credit(s): 3
MATH 241 - Analytic Geometry and Calculus A Credit(s): 4

Additional MATH course:

At least three credits chosen from MATH 210 , MATH 219 , MATH 222, MATH 230 , MATH 242 , MATH 243 , MATH 245 , or a 300-level or higher Mathematics course (except MATH 308 , MATH 379 , MATH 380 , and MATH 382 )

Statistics:

STAT 200 - Basic Statistical Practice Credit(s): 3

Related Coursework:

Minimum grade C- required for all courses used to satisfy the Related Coursework requirement. Cross-listed courses may apply.
Nine credits chosen from any 300-level or higher courses in ACCT, ANTH, APEC (except APEC 343 , APEC 399 , and APEC 408), BUAD, CISC (except CISC 355 , CISC 356 , and CISC 357 ), ENEP, ENTR, FINC, GEOG, HIST, PHIL, POSC, PSYC, SOCI, STAT, and UAPP (except UAPP 390 ). Also acceptable are ACCT 207 , ACCT 208 , any 200-level or above MISY courses, MATH 210 , MATH 219 ,MATH 221 , MATH 222, MATH 230 , MATH 232 , MATH 241 , MATH 242 , MATH 243 , MATH 245 , or a 300-level or higher Mathematics course (except MATH 308 , MATH 379 , MATH 380 , and MATH 382 ). Courses used to satisfy the Mathematics & Statistics requirements may not be used to fulfill the Related Coursework requirement.

Electives:

After required courses are completed, sufficient credits must be taken to meet the minimum credits required for the degree. No more than two credits can be from HBNS 120