Students interested in studying economics should be able to think analytically, be creative in solving problems and have a strong interest in overall business strategy and/or public policy.

Prerequisite Policy

The catalog and registration system provide information on the preparation necessary in order to enroll in a specific course. All 300-level courses in the College of Arts and Sciences have either a specific prerequisite course or have the expectation that the student will have junior standing (61 earned hours), or the permission of the instructor, in order to enroll.

The Department of Economics offers a bachelor of arts (BA) degree and a minor in economics through both the College of Arts and Sciences and the Culverhouse College of Commerce and Business Administration. Following is the standard track that Arts and Sciences students may follow for a major in economics. Students in any college may pursue the minor in economics.

Standard Track

Students who wish to pursue a more challenging program can opt for the quantitative track, which requires EC 413 Economic Forecasting & Analysis and EC 471 Econometrics, along with the mathematical statistics minor. This program is shown here.

Required CoursesMore Information

Hours
EC 110Principles of Microeconomics3
EC 111Principles of Macroeconomics3
EC 308Intermediate Microeconomics3
EC 309Intermediate Macroeconomics3
18 hours of Economics Electives 118
ST 260Statistical Data Analysis3
MATH 121 or Calculus & Applications3
MATH 125 Calculus I
Total Hours36
1

12 hours must be at 300 level or higher. Students in the quantitative track must meet the requirements for the Mathematical Statistics minor and take EC 413 Economic Forecasting & Analysis and EC 471 Econometrics.

Quantitative Track

Required CoursesMore Information

Hours
EC 110Principles of Microeconomics3
EC 111Principles of Macroeconomics3
EC 308Intermediate Microeconomics3
EC 309Intermediate Macroeconomics3
EC 413Economic Forecasting & Analysis3
EC 471Econometrics3
12 hours of Economic Electives 112
Total Hours30
1

12 hours must be at 300 level or higher. Students in the quantitative track must meet the requirements for the Mathematical Statistics minor and take EC 413 Economic Forecasting & Analysis and EC 471 Econometrics.

Mathematical Statistics Minor

Required CoursesMore Information

Hours
MATH 125 or Calculus I4
MATH 145 Honors Calculus I
MATH 126 or Calculus II4
MATH 146 Honors Calculus II
MATH 227 or Calculus III4
MATH 247 Honors Calculus III
MATH 237Introduction to Linear Algebra3
MATH 355Theory Of Probability3
MATH 451Math Stats W/Applictn I3
Total Hours21

The opportunities for students who complete a bachelor's degree in economics range from positions in banking and financial services to real estate, insurance, enterprise risk management, consulting and the public sector. The economics major also provides excellent preparation for admission to law school, MBA programs, schools of public policy, doctoral programs in economics, finance and other areas of business.

Types of Jobs Accepted

consulting firms, litigation consultant, stock broker, financial advisor, data miner, Teach for America, economist for public utilities commission

Jobs of Experienced Alumni

attorney, professor of economics, credit risk manager, data miner, various management positions, public policy analyst

Learn more about opportunities in this field at the Career Center