The economics department offers 3 degrees.
- The Bachelor of Science degree in economics is designed for the student interested in going to graduate school in economics or a closely related field. It requires the minimum amount of preparation in economics and mathematics required to be successful in graduate study. Students interested in pursuing a Ph.D. in economics are strongly urged to double major in economics and mathematics.
- The B.A. or B.G.S. major in economics is designed for the majority of students who will go on to professional graduate schools or into the work force.
First- and Second-Year Preparation
Economics Prerequisite or Co-Requisite Knowledge
Majors must complete courses as specified in each of the following two areas. These hours do not contribute to the minimum number of hours required for the major.
|College Algebra or Pre-Calculus (18)|
|MATH 101||College Algebra||3|
|or MATH 104||Precalculus Mathematics|
|Calculus I (4)|
|MATH 125||Calculus I||4|
|(Students may Complete MATH 115 and MATH 116 prior to completing MATH 126)|
|Calculus II (4)|
|MATH 126||Calculus II||4|
|(Open for only 2 hours credit to students with credit in MATH 116.)|
|Calculus III (4)|
|MATH 127||Calculus III||4|
|MATH 223||Vector Calculus||3|
|Elementary Linear Algebra (2)|
|MATH 290||Elementary Linear Algebra||2|
|or MATH 291||Elementary Linear Algebra, Honors|
|MATH 526||Applied Mathematical Statistics I||3|
|or DSCI 202||Statistics|
Economics General Education Requirements
In addition to degree and major requirements, all students must complete the KU Core.
Requirements for the B.S. Degree
|Economics Core Knowledge and Skills (18)|
|Majors must complete a course in each of the five following areas:|
|Principles of Microeconomics. Satisfied by:|
|ECON 142||Principles of Microeconomics||3|
|or ECON 143||Principles of Microeconomics, Honors|
|Principles of Macroeconomics. Satisfied by:|
|ECON 144||Principles of Macroeconomics||3|
|or ECON 145||Principles of Macroeconomics, Honors|
|Microeconomics. Satisfied by:|
|or ECON 521||Microeconomics Honors|
|Macroeconomics. Satisfied by:|
|or ECON 523||Macroeconomics Honors|
|Survey of Microeconomics. Satisfied by:|
|ECON 700||Survey of Microeconomics 1||3|
|Introduction to Econometrics. Satisfied by:|
|ECON 715||Elementary Econometrics 1||3|
|Economics Required Electives (18)|
|Majors must complete 6 courses (18 hours) in economics outside of the core courses at the 500-level or above.||18|
Major Hours & Major GPA
While completing all required courses, majors must also meet each of the following hour and grade-point average minimum standards:
Satisfied by 36 hours of major courses.
Major Hours in Residence
Satisfied by a minimum of 15 hours of KU resident credit in the major. (At least 3 of the required elective courses must be taken from the KU Department of Economics.)
Major Junior/Senior Hours
Satisfied by a minimum of 24 hours from junior/senior courses (300+) in the major. (At least 9 hours of the required elective courses must be taken from the KU Department of Economics.)
Major Junior/Senior Graduation GPA
Satisfied by a minimum of a 2.0 KU GPA in junior/senior courses (300+) in the major. GPA calculations include all junior/senior courses in the field of study including F’s and repeated courses. See the Semester/Cumulative GPA Calculator.
Below is a sample 4-year plan for students pursuing the BS in Economics. To view the list of courses approved to fulfill KU Core Goals, please visit the KU Core website.
|ENGL 101 (Goal 2.1 Written Communication, First Course, 2 Crs Required, Economics General Ed. Req.)||3||ENGL 102 (Goal 2.1 Written Communication, Second Course, 2 Crs Required, Economics General Ed. Req.)||3|
|MATH 104 (Goal 1.2 Quantitative Literacy, Major Pre-Requisite)||5||Goal 2.2 Communication||3|
|Goal 3 Humanities (Economics General Education Requirement)1||3||Social Science (SI or SC: Economics General Education Requirement)3||3|
|Goal 3 Natural Science (Economics General Education Requirement)2||3||MATH 125 or 145 (Goal 1.2, Major Pre-Requisite)||4|
|ECON 142 or 143 (Goal 3 Social Science, Social Science SF, Major Requirement)3||3|
|HUM 204 or 114 (Goal 1.1 Critical Thinking or Goal 4.2 Global Awareness, Economics General Ed. Req.)||3||Goal 4.1 US Diversity||3|
|ENGL 203, 205, 209, 210, or 211 (Economics General Education Requirement)||3||HUM 205 or 115 (Goal 1.1 Critical Thinking or Goal 4.2 Global Awareness, Economics General Ed. Req.)||3|
|Humanities (Economics General Education Requirement)1||3||MATH 127 or 147 (Major Pre-requisite)||4|
|MATH 126 or 146 (Major Pre-Requisite)||4||MATH 290 (Major Pre-requisite)||2|
|ECON 144 or 145 (Goal 3 Social Science, SF: Economics General Education Requirement, Major Requirement)3||3||ECON 520 or 521 (Major Requirement)||3|
|Natural Science & Mathematics (Economics General Education Requirement)2||3||Goal 5 Social Responsibility and Ethics||3|
|MATH 526 or DSCI 202 (Major Pre-requisite)||3||Natural Science & Mathematics (Economics General Education Requirement)2||3|
|ECON 522 or 523 (Major Requirement)||3||Humanities (Economics General Education Requirement)1||3|
|Elective #300+ (Total Hours)||3||ECON Elective 500+4||3|
|Elective (Total Hours)||2||ECON Elective 500+4||3|
|ECON Elective 500+ (Major Requirement)4||3||ECON 496 or 497 (or other Goal 6 Integration & Creativity)||3|
|ECON Elective 500+ (Major Requirement)4||3||Social Science 300+ (Economics General Ed. Req.)3||3|
|ECON 700 (Major Requirement)5||3||ECON Elective 500+ (Major Reqiurement)4||3|
|ECON 715 (Major Requirement)5||3||ECON Elective 500+ (Major Reqiurement)4||3|
|Elective 300+ (Total Hours)||3||Elective (#300+ if needed, Total Hours)||3|
|Total Hours: 120|
Satisfied by completing 3 courses in each of the following categories: historical studies (requirement code HT), literature and the arts (requirement code HL), and philosophy and religion (requirement code HR).
Satisfied by completing 1 course in 3 of the 4 requirement codes: biological sciences (requirement code NB), earth sciences (requirement code NE), mathematical sciences (requirement code NM), and physical sciences (requirement code NP).
Satisfied by completing 3 courses in each of the following categories: individual behavior (requirement code SI), culture and society (requirement code SC), or public affairs (requirement code SF).
The department requires 6 electives for the BS degree; at least 4 courses must be 600+.
All students in the College of Liberal Arts and Sciences are required to complete 120 total hours of which 45 hours must be at the Jr/Sr (300+) level.
The same course cannot be used to fulfill more than one KU Core Goal. However, overlap of a KU Core course with a major or degree-specific requirement is allowed. Overlapping is recommended to allow more opportunities to explore other majors and/or minors.
Graduation with honors in economics is limited to undergraduate majors who have fulfilled these requirements:
- Completed all economics major requirements and achieved a grade-point average of 3.5 or above in all economics courses and an overall average of 3.25 or above at the time of graduation.
- Completed ECON 497 Senior Research Honors.
- Submitted and defended a research paper before at least 3 faculty members of the Department of Economics.
Honors candidates should consult the department honors coordinator before enrolling the first semester of the senior year and file a declaration of intent form with the coordinator at that time.