The Bachelor of Arts in Economics requires you to complete a minimum of 120 credits. You must successfully complete:
- 36 credits required for the major
- 18 prescribed core course credits
- 18 supporting course credits
- 24 bachelor of arts credits
- 45 General Education credits
- 15 elective credits
If you are a transfer student, the number of credits you must take will vary according to the courses that transfer into the economics program. Once you are admitted to the program, your assigned academic adviser can help you select the remaining required courses.
The required courses cover a wide range of economics topics, including:
- macroeconomic and microeconomic theory
- growth and development
- international economics
- labor economics
Course List - Bachelor of Arts in Economics
A student enrolled in this major must receive a grade of C or better in all courses required for the major.
Requirements for the major: 36 credits
|Introductory Microeconomic Analysis and Policy||ECON 102||Methods of economic analysis and their use; price determination; theory of the firm; distribution.||3 credits|
|Introductory Macroeconomic Analysis and Policy||ECON 104||National income measurement; aggregate economic models; money and income; policy problems.||3 credits|
|Statistical Foundations for Econometrics||ECON 106||Basic statistical concepts used in economics. Topics include probability distributions, expectations, estimation, hypothesis testing, correlation, and simple regression. Students who have completed ECON 306 may not schedule this course.||3 credits|
|Intermediate Microeconomic Analysis||ECON 302||Allocation of resources and distribution of income within various market structures, with emphasis on analytical tools.
Prerequisite: ECON 102
|Intermediate Macroeconomic Analysis||ECON 304||Analysis of forces that determine the level of aggregate economic activity.
Prerequisite: ECON 104
|Introduction to Econometrics||ECON 306||The implementation of statistical techniques to analyze data and address economic questions. Econometric results are produced and assessed.
Prerequisite: ECON 106
|Labor Economics||ECON 315||Economic analysis of employment, earnings, and the labor market; labor relations; related government policies.
Prerequisite: ECON 102
|International Economics||ECON 333||Why nations trade, barriers to trade, balance of payments adjustment and exchange rate determination, eurocurrency markets, and trade-related institutions.
Prerequisite: ECON 102, ECON 104 or ECON 014
|Money and Banking||ECON 351||Money, credit, commercial and central banking, financial intermediaries, treasury operations, monetary theory and policy, and foreign exchange. (Students who have already taken ECON 451 may not schedule this course.)
Prerequisite: ECON 102 or ECON 104
|Decision Making and Strategy in Economics||ECON 402||Development and application of the tools for decision making under uncertainty and for game theoretic analysis of economic problems.
Prerequisite: ECON 302 and ECON 106 or SCM 200 or STAT 200
Economics of Public Expenditures
|ECON 425||Analytic and policy aspects of public expenditure decisions; applications from areas of contemporary public interest.
Prerequisite: ECON 302 or ECON 323
|Environmental Economics||ECON 428||
Environmental pollution, the market economy, and optimal resource allocation; alternative control procedures; levels of environmental protection and public policy.
ECON 302 or ECON 323
|Advanced International Trade Theory and Policy||ECON 433||Causes/consequences of trade; effects of tariffs and quotas; strategic trade policy; political economy of trade restrictions and other topics.
Prerequisite: ECON 302 or ECON 333
|International Finance and Open Economy Macroeconomics||ECON 434||Trade balance movements, exchange rate determination; monetary and fiscal policies in open economies; international policy coordination; the world monetary system.
Prerequisite: ECON 304 or ECON 333
|Growth and Development||ECON 471||Problems of capital formation, institutional considerations, theories of economic growth.
Prerequisite: ECON 302 or ECON 304 or ECON 372
For Supporting Courses, select 18 credits in economics 300- or 400-level with department approval, including at least 9 credits at the 400 level.
Additional 400-level courses are being developed. Please check with your adviser about their availability.
(If foreign language proficiency is demonstrated by examination, these 0–12 credits may be completed from the electives)
|Humanities, Social and Behavioral Sciences, Arts, Natural Sciences, Quantification||9 credits|
|Other Cultures||3 credits|
For the Bachelor of Arts Degree requirements, 3 of the 24 credits may be from the requirements for the major, General Education, or electives.
|Arts – GA||6 credits|
|Humanities – GH||6 credits|
|Health and Physical Activity – GHA||3 credits|
|Natural Sciences – GN||9 credits|
|Social and Behavioral Sciences – GS||6 credits|
|Writing and Speaking – GWS||9 credits|
|Quantification – GQ||6 credits|
See course start and end periods and semesters offered on the Penn State World Campus student resources website.