B.A. in Economics

Students majoring in Economics are urged to avoid undue specialization. Courses in English, Political Science, advanced Mathematics, and other social sciences are often related and are particularly recommended. College is the last chance for most people to pursue a well-balanced educational program and students are encouraged to take advantage of subjects that interest them.

Acceptance Criteria

To be admitted into an economics major, students must have completed at least 30 university credits, have an overall average of 2.0 or more, have passed MTH 121, MTH 131 or MTH 141, and have taken at least two economics courses with at least a 2.0 average in those two courses.

To apply to become an Economics major, students should bring a major appication (found in the forms section) and current DARS report directly to the Economics Department's office, 415 Fronczak Hall. Any student considering a major in Economics should also consult, at his/her earliest convenience, the Economics undergraduate advisor, 411 Fronczak Hall, to obtain up-to-date information about the major’s requirements, which change from time to time.

There are two programs for majors in Economics.  The first is the normal B.A. program for most majors who seek a liberal arts education.  The second is intended for majors who are considering graduate work in Economics.  Both programs prepare students to use Economics in government and business, and to think analytically about economic problems.

Graduation Requirements

To earn a B.A. in Economics, students must achieve at least a 2.0 GPA in their economics program.  They also must have earned a total of 120 university credits with at least a 2.0 GPA overall, and have fulfilled all University requirements.  Students are encouraged to use their DARS reports frequently to monitor their progress on these.

Transfer students should be aware that both their overall and UB GPAs must be at least 2.0.

Standard B.A. in Economics Program - 33 Credits

 

  Standard B.A. in Economics Program Credits

Prerequisites

(Required to take

300/400 level electives)

Any Combination of  one course from group (a) and one course from group (b):

(a) MTH 121, MTH 131, or MTH 141

(b) MTH 122 or MTH 142


 
Required Courses ECO 405 Microeconomic Theory 3
ECO 407 Macroeconomic Theory 3
ECO 480 Econometrics I 4
Economics Upper-Level Electives Four (4) additional Economics courses at the 300 level or above. These cannot include ECO 495 Undergraduate Supervised Teaching and ECO 496 Internship in Economics.

A maximum of three (3) credits may be from ECO 499 Independent Study or ECO 498 Undergraduate Research. ECO 406 is required to graduate with Honors in Economics and can be used as an upper level elecitve course.

12
Other Economics Electives Economics courses at any level (ECO 495 and ECO 496 can be used toward these credits) 11
Permitted Substitution for Required Courses Required Course: ECO 480
Acceptable substitutes:
MTH 411 & STA 302 or
GEO 410 & 411 or
EAS 305
3-4
Total B.A. Credits 33 120

 

B.A. in Economics for Economic Majors Contemplating Graduate Work in Economics

Graduate programs in Economics are becoming increasingly mathematical.  This program is intended for students who decide early enough in their undergraduate career that they wish to pursue graduate work for a Ph.D. in Economics.  It should make entrance into, and success in, such programs somewhat easier.  The Economics-Mathematics joint major provides a similar background.  Students interested in graduate school preparation should consult the Director of Undergraduate Studies for further advice.  A minimum of 3.0 GPA in Economics is required in order to take "H" (i.e. Honors) sections of courses.

 

Prerequisites

(Required to take

300/400 level electives)

MTH 141 College Calculus 1
MTH 142 College Calculus 2
 
Required Courses ECO 405H Microeconomic Theory 3
ECO 406H Topics in Microeconomics* 3
ECO 407H Honors Macroeconomic Theory 3
MTH 411 Probability Theory 4
MTH 412 Introduction for Statistical Inference 4
* This course is also required to graduate with Honors in Economics
Economics Upper-Level Electives Four (4) additional Economics courses at the 300 level or above. These cannot include ECO 495 Undergraduate Supervised Teaching and ECO 496 Internship in Economics.

A maximum of three (3) credits may be from ECO 499 Independent Study or ECO 498 Undergraduate Research.

12
Other Economics Electives Economics courses at any level 6
Total B.A. Credits   35
Other Mathematics Electives It is strongly recommended that students considering graduate work in Economics take additional mathematics courses, particularly MTH 241 College Calculus 3 and MTH 309 Introduction to Linear Algebra.