Please note, the degree requirements outlined on this page only apply to UMD students who were declared as an ECON major for Fall 2015 or earlier. The ECON major must have been officially declared by September 14, 2015.

Major Requirements

Required ECON Foundation Courses

  • ECON200 Principles of Microeconomics
  • ECON201 Principles of Macroeconomics
  • ECON300 Methods and Tools for Economic Analysis
  • ECON325 Intermediate Macroeconomic Theory
  • ECON326 Intermediate Microeconomic Theory

Mathematics Requirement

  • MATH120/220 Elementary Calculus or MATH140 Calculus 1

Statistics Requirement

  • ECON321 Economic Statistics or STAT400 Applied Probability and Statistics 1

Economic History and Development

  • Pick one from: ECON311, ECON312, ECON314, ECON315, ECON317, ECON412, or ECON416

Quantitative and Analytic Methods Requirement

  • Pick one from: ECON402, ECON414, ECON422, ECON424, ECON425, or ECON426

Upper Level Requirements

  • Three 400-level ECON courses

Supporting Courses

  • 15 credits of Supporting Courses
    • Courses must be 300 or 400-level with the exception of MATH courses beyond Calculus I (MATH274 may not be used to satisfy this requirement).
    • Courses may be additional ECON courses beyond those already required or they may be from any other department.
    • They do not have to be from the same department.
    • ECON386 is the only internship course applicable to this requirement.
    • ECON387, internship, professional writing, and non-traditional courses may not be used to satisfy this requirement.

A checklist of degree requirements in a pdf format can be downloaded below:

Please keep the following information in mind:

  • The ECON courses are sequential in nature and all prerequisites are strictly enforced. Students should refer to their major cards and the schedule of classes for detailed prerequisite information.
  • All major requirements must be completed with a grade of C- or better.
  • Students must also achieve a combined grade point average of a 2.0 in all major requirements The courses utilized to fulfill major requirements may not be used to "double-count" within other major requirements.

Every student must also complete their General Education or CORE requirements, as well as, electives to reach the required minimum of 120 cumulative credits for graduation. For detailed information about GenEd requirements click here.

Academic Benchmarks

In accordance with the University's policies, the Department of Economics expects students to make timely progress towards graduation. Under normal circumstances, a full-time student is expected to complete his/her degree requirements in four years. The student should successfully complete a specific number of courses each academic year. To help measure progress during the early stages of a student's studies in economics, students will have to complete courses designated as benchmarks within a specified number of semesters in order to continue in their major.

Benchmark 1 - All students must successfully complete ECON200, ECON201, MATH120/220 or MATH140, and ECON300 within two semesters of entering Economics. In addition to the ECON requirements, students must also complete the Academic Writing requirement and one additional CORE Distributive Studies course or one additional Gen Ed course (depending on degree requirements).

Benchmark 2 - All students must complete ECON326 and ECON321 (or STAT400) within one semester of completing Benchmark 1.

These benchmark deadlines may not be appropriate for all incoming students (depending upon credit earned prior to entering the major and math placement). All students complete an individualized benchmark contract with an ECON advisor, either at orientation or in the process of declaring the major. If you have any questions as to when your benchmarks must be completed, please refer to your signed benchmark contract or meet with an ECON advisor.

 

Important Note: If you officially declared ECON as your major prior to September 14, 2015 but wish to switch your curriculum to the new requirements, click here.