Economics

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Economics students study a substantial core of economic theory and mathematical and statistical methods. The required core courses may be combined with electives in a general economics major program especially suitable for students who plan to enter law school or other specialized programs emphasizing areas such as applied economics, environmental economics, public policy, political economy, international economics, third world issues and economic development, and quantitative methods.

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 economics courses:

    * 1 Introduction to Microeconomics
    * 2 Introduction to Macroeconomics
    * 11A and 11B* Math Methods for Economists
    * 100A or (100M) Intermediate Microeconomics
    * 100B or (100N) Intermediate Macroeconomics
    * 113 Introduction to Econometrics
    * Applied Math & Statistics 5* Statistics
    * Five (5) (FOUR if fall 2013 & after) additional upper-division courses (including 3 from this list**)
      (not including 104, 191, 192, 193, 197 and 198).
    * The comprehensive examination is also required for graduation.

*Math 11A, 11B and 22 (or 23A) or Math 19A, 19B and 22 (or 23A) are equivalents to Economics 11A and 11B. If you have taken Math 11A/B and 22 (or 23A) or Math 19A/B and 22 (or 23A) you do not need to take Econ 11A and 11B. Econ 11A/11B and Applied Math & Statistics AMS 11A/11B are the same course.

**Students must include at least 3 from the following list:

    * 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 104, 191, 192, 193, 193F, 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 five (FOUR if fall 2013 & after) upper-division major requirements.

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: Successful completion of Economics 11A and 11B, also offered as Applied Mathematics and Statistics 11A and 11B, (or equivalent) is required of all economics majors and is prerequisite to Economics 100A (or 100M), 100B (or 100N), and 113. Therefore, students are advised to take Economics 11A and 11B or their equivalent as early as possible in their undergraduate career. Mathematics 11A-B and 22 (or 23A by petition only through the math department), or 19A-B and 22 or 23A, are acceptable equivalents to Economics 11A and 11B. Students may also complete the mathematics requirement by taking Mathematics 11A or Mathematics 19A, and then Economics 11B or 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.

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, 23A and 23B.

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

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.