The B.S. Major is designed specifically for students interested in graduate study of Economics or a career in which quantitative economic analysis plays a significant role. The major’s strong quantitative component stresses multivariate calculus, linear algebra, and econometrics -- essential in Economics graduate training. Please note that students do not have to be in the Honors Degree Program in order to enroll in the Honors section of a class.

Check the Major Program Form for details.

Required Preparatory Coursework

Economics 1101 or equivalent
Economics 1102 or equivalent
Math 1271 or equivalent
Math 1272 or equivalent

We strongly suggest you have a minimum GPA of 2.5 in these four preparatory courses.
The minimum requirement is a C- in each course.

Major Requirements

1.	Econ 3101		Econ 3102
2.	Stat 4101		Stat 4102    (We suggest Stat 5101 Stat 5102) (Stat 3011-3022 cannot be used to satisfy this requirement.)
3.	Math 2243		Math 2263
4.	Econ 4261 (Econometrics)
5.	Four of the following upper division courses (no non-major courses) (12 credits total):
		Econ 3960		Econ 4021		Econ 4109H		Econ 4113		Econ 4171
		Econ 4960		Econ 4311		Econ 4313		Econ 4315		Econ 4331W
		Econ 4337		Econ 4421W		Econ 4431W*		Econ 4432W		Econ 4531
		Econ 4611H		Econ 4623		Econ 4621H		Econ 4631*		Econ 4721*
		Econ 4731*		Econ 4741*		Econ 4751*		Econ 4821		Econ 4831

* also offered as a four credit honors level course open to all students.

One course of the four above may be selected from:

	Acct 5100		ApEc 4821
	Math 4065		Math 4606		Math 5615
	or selected 5xxx ApEcon courses.

This must be cleared by the DUGS before taking the class.

6. Two courses from the following (8 credits):

	Econ 4109H		Econ 4431V		Econ 4611H		Econ 4621H		Econ 4631H
	Econ 4721H		Econ 4731H		Econ 4741H		Econ 4751H		Econ 4113
			Econ 4161**		Econ 4165**

No overlapping of these courses with those in Section 5.

** These courses are the first of two separate sequences of courses (4161-4162-4163-4164 and 4165-4166-4167-4168) which require much more time and effort than other courses. All of the courses in these sequences are acceptable to fulfill this requirement. They meet concurrently with 8xxx level courses taken by Ph.D. students. You must consult the instructor before registering for any of these courses.

Any other courses must be approved by the DUGS before taking the class.

Notes:

• All courses in the Major Requirements section must be taken on an A-F grade basis.
• Three credits of Independent Study (3991) may be applied toward the major if you fulfill the conditions in the handbook.
• A grade of C- or better is required in all courses counting towards the major. This policy is strictly enforced. You are expected to have a 2.0 GPA in all major courses in order to graduate.
• Supporting work in computer science, mathematics and statistics is recommended.
• Only one country/area study will count towards the major requirements. (Econ 3960 or 4311 or 4313 or 4315)
• Residency requirement - Transfer students must complete at least 17 credits of 4xxx and 5xxx level Economics courses at UMTC.
• Students must take at least one Writing Intensive course in Economics, or take Econ 4100W (1 credit) concurrently with Econ 4831 or an Honors course.
• All Study-Abroad or transfer courses must be approved by the Director of Undergraduate Studies.