Economics is the social science that studies decision making given
limited resources. The economics major is designed to instruct students in
economic theory, methods and analysis. The courses prepare students for
a variety of fields where economics is relevant and important, including
business, law, and government. The program gives students a solid
grounding in both critical thinking and knowledge of the field in general.
The courses provide an understanding of markets and economic systems, and
how to perform research and data analysis. The major also prepares
students for graduate work in economics, business or related fields.
The major consists of a 24-credit core curriculum (including either
21&62:640:119 Basic Calculus or 21&62:640:135 Calculus I), and an additional
18 elective credits in Economics, for a total of 42 credits. Transfer Students:
At least one-half of these credits must be completed at Rutgers-Newark.
All courses must be completed with a grade of C or better.
The 18 elective credits (usually 300 and 400 level Economics
courses) may include three of the following four courses in the
School of Business--29:390:315 Investments, 29:390:329 Finance,
29:390:330 Corporate Finance, and 29:390:386 Futures and Options.
Seniors with at least a B average and with permission from the
department chairperson may enroll in appropriate graduate courses.
Students who are planning to do graduate work in Economics are
encouraged to take Calculus I instead of Basic Calculus, and may want
to consider additional courses in Mathematics.
PREREQUISITES
Introduction to Economics (220:101,102) is a prerequisite for all
other economics courses. Mathematics 640:113 or its equivalent, or
tested proficiency in College Algebra, is a prerequisite for all 220
courses, except Introduction to Economics (220:101,102).
CORE COURSES
220:101 Introduction to Economics-Micro 3 crs.
220:102 Introduction to Economics-Macro 3
220:231 Statistical Methods 3
220:322 Introduction to Econometrics 3
220:323 Intermediate Economic Theory-Micro 3
220:324 Intermediate Economic Theory-Macro 3
220:406 Seminar in Applied Economics 3
640:119 Basic Calculus or 640:135 Calculus I 3
_________
Total 24 crs.
ELECTIVE COURSES (3 credits each)
220:303 Economics of Industrial Relations
220:304 Economics of Labor
220:305 Development of the American Economy
220:312 Women in the American Economy
220:315 Managerial Economics
220:316 Economics of Health
220:327 History of Economic Thought
220:335 International Economic Relations
220:337 Public Finance
220:339 Economic Development
220:353 Urban and Regional Economics
220:356 Business Cycles
220:361 Industrial Organization
220:365 Money and Banking
220:367 Monetary Economics
220:402 Advanced Econometrics
220:407 Labor Seminar
220:409 Introduction to Mathematical Economics
220:414 Analysis of Current Economic Conditions
220:439 Financial Economics
220:499 Individual Study in Economics
29:390:315 Investments
29:390:329 Finance
29:390:330 Corporate Finance
29:390:386 Futures and Options
MINOR REQUIREMENTS
The economics minor requires 21 credits in economics courses
to be completed with a grade of C or better. The 21 credits must
include:
220:101 Introduction to Economics-Micro 3 crs.
220:102 Introduction to Economics-Macro 3
220:323 Intermediate Economic Theory-Micro 3
220:324 Intermediate Economic Theory-Macro 3
Note: School of Business courses may not be used for the economics
minor.
THE DOUBLE MAJOR
Many finance, accounting, marketing, or management majors also
major in economics. Be sure to check out the specific requirements
for each of these majors, as they tend to change over time. Several
economics classes can often be used to satisfy these majors.
Masters
Program in Economics | 5-Year
BA/MA Program in Economics | Interdisciplinary Minor in Urban Studies
Last modified:
August 9, 2004
