May 19, 2024  
2023-2024 University Catalog 
    
2023-2024 University Catalog

Economics Honors, 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 Daniels School and a Bachelor of Arts (BA) degree through the College of Liberal Arts. We also offer an Economics Honors Program and minors in Economics and Business Economics.

Pre-Economics  

Economics Honors (BS) Major Change (CODO) Requirements   

Degree Requirements


120 Credits Required

Department/Program Major Courses (52-60 credits)


Major Specialty Area - Choose one (24-30 credits)


A. Economic Policy (24 credits)


Training for students for a career 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)


Training for students for a career 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)


Training for students for a career focused on 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)


Training for students interested in a further pursuit of graduate training in economics (particularly a Ph.D. degree). It focuses on electives relevant to the mathematical tools necessary for rigorous analysis of economic models.

E. Behavioral Economics (24 Credits)


Training for 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.

Management Cultural Competency Selectives (6 credits)


  • Cultural Competency I - Credit Hours: 3.00
  • Cultural Competency II - Credit Hours: 3.00

Cultural Competency Selectives for the Daniels School of Business  

Other Departmental/Program Course Requirements (21-32 credits)


Electives (47-48 credits)


  • Electives - Credit Hours: 42.00-43.00 

 

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 Business, no more than three different MAI courses, or their equivalents, may be taken two times for a grade.
  • Previous enrollments in MA 16100, 16200, 16500, 16600 do not count against the retake policy for the MAI.
  • Students are responsible for consulting their advisor about re-take options available to them.

GPA Requirements


  • Graduation Index: 3.5 Minimum.
  • Major Index: 3.5 Minimum.
  • Upper Division Requirements: A student must complete all EAI courses with a 2.75 or above EAI GPA AND a 2.50 cumulative GPA.

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 Daniels School 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.
  • MA 16020 is not sufficient preparation for minors offered by the College of Science and the College of Engineering. Consider taking MA 16200 or MA 16600 instead. Students who have not completed MA 16100 but have a C- or better in both MA 16010 & MA 16020 may take MA 16200.
  • Once you have completed ECON 25100 & 25200 you should quickly complete the three core economics courses (ECON 34000, ECON 35200, and ECON 36000). After completing these courses, consider applying for an undergraduate teaching assistantship. Working as an undergraduate TA sometimes leads to research assistant 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.

Additional Information


  • Information on summer courses is available at www.purdue.edu/thinksummer.
  • Students interested in Master’s or Ph.D. programs in economics, accounting, finance, political science, and other related fields should take additional mathematics and statistics courses. Consider completing a minor in either or both. These courses are highly recommended: MA 30100, MA 34100, MA 44000, MA 36600, STAT 41600/51600, and STAT 42000/52000. 
  • If you maintain a high GPA into your junior year, consider applying for prestigious scholarships including: Fulbright Fellowship, Jacob K. Javits Fellowship, National Science Foundation Fellowship, Marshall Scholarship, Rhodes Scholarship, Harry S. Truman Scholarship, Beinecke Scholarship, British Chevening Scholarship, Ford Foundation Fellowship, and Gates Cambridge Scholarship.

Sample 4-Year Plan


13-20 Credits


16 Credits


Fall 2nd Year


  • 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

13-16 Credits


Spring 2nd Year


15 Credits


Fall 3rd Year


  • 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
  • Cultural Competency II - Credit Hours: 3.00

14-17 Credits


Spring 3rd Year


  • Cultural Competency I - Credit Hours: 3.00
  • Major Specialty Selective - Credit Hours: 3.00
  • Major Specialty Selective - Credit Hours: 3.00
  • Elective - Credit Hours: 3.00
  • Elective - Credit Hours: 3.00 

15 Credits


Fall 4th Year


  • Major Specialty Selective - Credit Hours: 2.00-3.00
  • Elective - Credit Hours: 3.00
  • Elective - Credit Hours: 3.00
  • Elective - Credit Hours: 3.00
  • Elective - Credit Hours: 3.00

14-15 Credits


Spring 4th Year


12-13 Credits


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.