# Economics

Economics students study a substantial core of economic theory and mathematical and statistical methods that aid in addressing these questions. The required core can be combined with electives that emphasize specialized areas such as international economics, finance, public policy, applied microeconomics, law and economics, economic development, quantitative methods, macroeconomics, game theory and behavioral economics. A focus on core theory as well as mathematical and quantitative tools provides a foundation for graduate studies in economics. Selecting a range of electives to sample the broad domain of economics offers an excellent background for students who plan to enter careers in the private sector, in public service, the non-profit sector or to attend law school or other professional schools.

The economics curriculum begins at the introductory level; no specific high school preparation is required. All students who major in economics are required to take the following courses:

* 1, Introduction to Microeconomics

* 2, Introduction to Macroeconomics

* 11A and 11B*, Math Methods for Economists (or equivalent)

* 100A (or 100M), Intermediate Microeconomics

* 100B (or 100N), Intermediate Macroeconomics

* 113, Introduction to Econometrics

* Applied Math & Statistics 5, Statistics (or equivalent)

* Four additional upper-division economics courses, at least three of which must be selected from the following:

* 105, Topics in Macroeconomics

* 114/L, Advanced Quantitative Methods

* 120, Economic Development

* 121, Economic Growth

* 125, Economic History of the U.S.

* 126, Why Economies Succeed or Fail

* 128, Poverty and Public Policy

* 130, Money and Banking

# 131, International Financial Markets

# 133, Security Markets and Financial Institutions

# 135, Corporate Finance

* 140, International Trade

* 141, International Finance

* 142, Advanced Topics in International Finance

* 143, Policy Issues in the International Economy

* 148, Latin American Economies

* 149, The Economies of East and Southeast Asia

* 150, Public Finance

* 156, Health Care and Medical Economics

* 159, The Economics of Organizations

* 160A, Industrial Organization

* 160B, Government and Industry

* 165, Economics as an Experimental Science

* 166A, Game Theory and Applications I

* 166B, Game Theory and Applications II

* 169, Economic Analysis of the Law

* 170, Environmental Economics

* 171, Natural Resource Economics

* 175, Energy Economics

* 180, Labor

* 183, Women in the Economy

* 190, Senior Proseminar

* 195, Senior Thesis

* 199, Tutorial

# Students can count **one** of these three courses toward the minimum of three economics electives.

Courses 191, 192, 193, 193F, 194B, 194F, 197, 198, and 198F may not be used to meet major requirements. Either course 195 or 199 may be used to fill one of the four upper-division major requirements. Other electives are listed under the Business Management Economics program description.

*Additional Requirements: Disciplinary Communication (DC)*

All undergraduate majors must satisfy the campus’ Disciplinary Communication (DC) requirement. The DC requirement in economics is satisfied by completing Economics 104, Is There Truth in Numbers: The Role of Statistics in Economics; or Economics 197, Economic Rhetoric.

**Mathematics and Statistics Content Requirement****Mathematics Conten**t: Successful completion of one of the calculus sequences below is required for all Economics majors, and must be taken before enrollment in Economics 100A (or 100M), 100B (or 100N), and 113. Students are advised to complete the mathematics courses as early as possible in their academic career. Students may complete the mathematics requirement for the majors in one of the following ways:

*Economics/Applied Mathematics and Statistics 11A and 11B

*Mathematics 11A, 11B *and* 22 (or 23A by petition via the Mathematics Department

*Mathematics 19A, 19B *and* 23A or 22

*Students may also complete the mathematics requirement by taking Mathematics 11A or 19A, and then Economics/Applied Mathematics and Statistics 11B.

Students planning to pursue graduate work in economics or business should seriously consider more intensive mathematical training; consult an adviser for guidance.**Statistics Content**: One course from the following:

*Statistics: Applied Mathematics and Statistics 5, Statistics or

*Applied Mathematics and Statistics 7, Statistical Methods for Biological, Environmental and Health Sciences, or

*Computer Engineering 7, Statistical Reasoning in the Age of the Internet

Transfer students interested in the combined Economics/Mathematics major are encouraged to complete as many lower-division (mathematics and statistics) courses as they can prior to transferring. The courses need to be equivalent to Math 19A, 19B, 22 or 23A, and 23B.

**Comprehensive Requirement**

The comprehensive requirement for the economics major and the combined economics/mathematics major is satisfied by passing the following intermediate core courses with grades of C or better here at UCSC: Economics 100A (or 100M), and 100B (or 100N), and 113. Students may elect to complete a senior thesis with consent of an instructor in addition to completing the intermediate core courses.