Major Requirements

The economics major is designed to instruct students in basic economic theory and analysis, and to prepare students for a variety of fields where economics is relevant and important, including business, law, and government. The program gives students a solid grounding in both critical thinking and knowledge of the field in general. Courses provide an understanding of markets and economic systems, and how to perform research and data analysis. The major also prepares students for graduate work in economics, business, or related fields.

The major consists of a 24-credit core curriculum (including either 21:640:119 Basic Calculus or 21:640:135 Calculus I), and an additional 18 elective credits in economics, for a total of 42 credits. At least one-half of these credits must be completed at Rutgers University-Newark. All courses must be completed with a grade of C or better.

The 18 elective credits in economics may also include any three of the following four courses from the Rutgers Business School: Undergraduate-Newark and New Brunswick:

    29:390:315  Investments (3)

    29:390:329  Finance (3)

    29:390:330  Corporate Finance (3)

    29:390:386  Futures and Options (3)

Seniors with at least a B average and with permission from the department chair may enroll in appropriate graduate courses.

Students who are planning to pursue graduate work in economics are encouraged to take Calculus I instead of Basic Calculus, and should consider taking additional courses in mathematics.

Core Courses

    21:220:101  Introduction to Economics, Micro (3)

    21:220:102  Introduction to Economics, Macro (3)

    21:220:231  Statistical Methods (3)

    21:220:322  Introduction to Econometrics (3)

    21:220:323  Intermediate Microeconomic Theory (3)

    21:220:324  Intermediate Macroeconomic Theory (3)

    21:220:406  Seminar in Applied Economics (3)

    21:640:119  Basic Calculus (3) or 21&62:640:135  Calculus I (4)