|
|
2023-2024 University Catalog [ARCHIVED CATALOG]
Economics, BS
|
|
|
About the Program
Welcome to Purdue University’s Department of Economics. The Department, located in the Daniels School of Business, has a long tradition of excellence in research and teaching. Economics faculty members are leaders in their respective fields. The Economics Department offers both undergraduate and graduate degree programs. For undergraduates students, the Department offers two Baccalaureate degrees, a Bachelor of Science (BS) degree in Economics through the Management School and a Bachelor of Arts (BA) degree through the College of Liberal Arts.
The BS degree is designed for students who expect to use economic analysis and data-heavy quantitative methods in their careers. The BA degree is designed for students who expect to use economic reasoning in the context of a broader liberal arts education in their careers. The Daniels School also offers minors in Economics and in Business Economics, programs available to any undergraduate student on campus.
At Purdue, you will learn core micro and macro economic theory and then can choose from a menu of economics courses that cover diverse topics including: international trade, social interactions, tax policy, the banking system, public goods, the structure of industry, labor unions, antitrust policy, education, trust and bargaining, government regulation, discrimination, public finance, economic development, decision making under uncertainty, unemployment, and many others.
Why study economics? The most common answer we hear from students is that they enjoy taking econ courses. Fortunately, studying economics is not just enjoyable, it provides analytical and quantitative training that is in high demand by employers.
Pre-Economics
Economics (BS) Major Change (CODO) Requirements
Degree Requirements
120 Credits RequiredDepartment/Program Major Courses (49-57 credits)
Required Major Courses (19 credits)
Major Specialty Area (24-30 credits)
A. Economic Policy (24 credits)
Focus in policy analysis, with example job outcomes such as an analyst at a government agency (e.g., Federal Reserve) or a policy think tank, or a lawyer in policy-related fields. It focuses on electives relevant to the economic analysis of public policy.
B. Business Economics (24 credits)
Focus in the corporate world, with example job outcomes such as management positions (e.g., financial manager) or analyst at a consulting firm. Also prepares for MBA study. It focuses on electives relevant to the economic analysis of business decisions and markets.
C. Quantitative Economics & Data Analytics (24 credits)
Focus in data analytics, with example job outcomes such as data analyst at a government agency (e.g., Bureau of Labor Statistics) or market research analyst. It focuses on electives relevant to econometrics and data analysis for economics.
D. Mathematical Economics (29-30 credits)
Focus in a further pursuit of graduate training in economics (particularly a Ph.D. degree). It focuses on electives relevant to the mathematical tools for rigorous analysis of economic models.
E. Behavioral Economics (24 Credits)
Trains students to apply insights from economics and psychology to understand and predict human behavior. Prepares students for a career in government (e.g., Consumer Financial Protection Bureau), nonprofit, and industry organizations that seek to improve the effectiveness of policy and organizations.
Other Departmental Requirements (20-32 credits)
Electives (31-51 credits)
- Electives - Credit Hours: 31.00-51.00
EAI Requirements
Economics Admission Index (EAI) courses consist of:
- SCLA 10200 Transformative Texts, Critical Thinking and Communication II: Modern World or COM 11400 Fundamentals of Speech Communication or COM 21700 Science Writing & Presentation or EDPS 31500 Collaborative Leadership: Interpersonal Skills
- ECON 25100 Microeconomics
- ECON 25200 Macroeconomics
- SCLA 10100 Transformative Texts, Critical Thinking and Communication I: Antiquity to Modernity or ENGL 10600 First-year Composition or ENGL 10800 Accelerated First-year Composition or HONR 19903 Interdisciplinary Approaches to Writing
- MA 16010 Applied Calculus I or MA 16100 Plane Analytic Geometry and Calculus I or MA 16500 Analytic Geometry and Calculus I
Grade Requirements
- Upper Division Requirements: A student must have a C- or higher in all EAI AND any ECON courses.
- University Policy states students may only attempt a course 3 times and grades of W or WF are included in this limit. Per the School of Management, no more than three different MAI courses, or their equivalents, may be taken two times for a grade.
- Students are responsible for consulting their advisor about re-take options available to them.
- Previous enrollments in MA 16100, 16200, 16500, 16600 do not count against the retake policy for the MAI.
Course Requirements and Notes
-
MGMT, OBHR and ECON courses numbered 30000 or higher can only be taken after being admitted to Upper Division, with the exception of OBHR 33300. Students may take this course during their Sophomore Year.
-
Courses taken on approved Krannert study abroad programs may be used to satisfy degree requirements. Students participating in a Purdue approved study abroad program are registered as full-time Purdue students during their semester abroad. Schedule an appointment with your advisor to discuss study abroad opportunities.
Transfer Credit Policy
- The number of general electives will vary for each student and can include AP credit, transfer credit, and/or Credit by Exam.
- Transfer credit for upper level MGMT, OBHR and ECON (Purdue Transfer Credit Courses) will only be considered if taken at a 4 year AACSB accredited school.
University Requirements
University Core Requirements
For a complete listing of University Core Course Selectives, visit the Provost’s Website.- Human Cultures: Behavioral/Social Science (BSS)
- Human Cultures: Humanities (HUM)
- Information Literacy (IL)
- Oral Communication (OC)
- Quantitative Reasoning (QR)
- Science #1 (SCI)
- Science #2 (SCI)
- Science, Technology, and Society (STS)
- Written Communication (WC)
Civics Literacy Proficiency Requirement
The Civics Literacy Proficiency activities are designed to develop civic knowledge of Purdue students in an effort to graduate a more informed citizenry. For more information visit the Civics Literacy Proficiency website.Students will complete the Proficiency by passing a test of civic knowledge, and completing one of three paths: - Attending six approved civics-related events and completing an assessment for each; or
- Completing 12 podcasts created by the Purdue Center for C-SPAN Scholarship and Engagement that use C-SPAN material and completing an assessment for each; or
- Earning a passing grade for one of these approved courses (or transferring in approved AP or departmental credit in lieu of taking a course).
Upper Level Requirement
- Resident study at Purdue University for at least two semesters and the enrollment in and completion of at least 32 semester hours of coursework required and approved for the completion of the degree. These courses are expected to be at least junior-level (30000+) courses.
- Students should be able to fulfill most, if not all, of these credits within their major requirements; there should be a clear pathway for students to complete any credits not completed within their major.
Fall 2nd Year
- ECON 34000 - Intermediate Microeconomic Theory ♦
- Major Specialty Selective - Credit Hours: 3.00
- Major Specialty Selective - Credit Hours: 3.00
- Human Cultures: Humanities Selective - Credit Hours: 3.00-4.00
- Science, Technology, & Society Selective - Credit Hours: 1.00-3.00
Fall 3rd Year
- Cultural Competency II - Credit Hours: 3.00
- Major Specialty Selective - Credit Hours: 3.00
- Major Specialty Selective - Credit Hours: 3.00
- Science #2 Selective - Credit Hours: 2.00-5.00
- Elective - Credit Hours: 3.00
Spring 3rd Year
- Cultural Competency I - Credit Hours: 3.00
- Major Specialty Selective - Credit Hours: 3.00
- Major Specialty Selective - Credit Hours: 2.00-3.00
- Elective - Credit Hours: 3.00
- Elective - Credit Hours: 3.00
Fall 4th Year
- Elective - Credit Hours: 3.00
- Elective - Credit Hours: 3.00
- Elective - Credit Hours: 3.00
- Elective - Credit Hours: 3.00
- Elective - Credit Hours: 2.00-3.00
Spring 4th Year
- Elective - Credit Hours: 3.00
- Elective - Credit Hours: 3.00
- Elective - Credit Hours: 3.00
- Elective - Credit Hours: 3.00
- Elective - Credit Hours: 0.00-3.00
Pre-Requisite Information
For pre-requisite information, click here.
World Language Courses
World Language proficiency requirements vary by program. The following list is inclusive of all world languages PWL offers for credit; for acceptable languages and proficiency levels, see your advisor. (ASL-American Sign Language; ARAB-Arabic; CHNS-Chinese; FR-French; GER-German; GREK-Greek(Ancient); HEBR-Hebrew(Biblical); HEBR-Hebrew(Modern); ITAL-Italian; JPNS-Japenese; KOR-Korean; LATN-Latin; PTGS=Portuguese; RUSS-Russian; SPAN-Spanish) Critical Course
The ♦ course is considered critical.
In alignment with the Degree Map Guidance for Indiana’s Public Colleges and Universities, published by the Commission for Higher Education (pursuant to HEA 1348-2013), a Critical Course is identified as “one that a student must be able to pass to persist and succeed in a particular major. Students who want to be nurses, for example, should know that they are expected to be proficient in courses like biology in order to be successful. These would be identified by the institutions for each degree program”.
Disclaimer
The student is ultimately responsible for knowing and completing all degree requirements.
Consultation with an advisor may result in an altered plan customized for an individual student.
The myPurduePlan powered by DegreeWorks is the knowledge source for specific requirements and completion.
|
|
|
