Rutgers, The State University of New Jersey
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Undergraduate Education in Newark
School of Arts and Sciences-Newark
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Newark College of Arts and Sciences
University College–Newark
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Course Notation Information
Academic Foundations 003
Africana Studies 014
American Studies 050
Ancient and Medieval Civilizations 060
Anthropology 070
Arabic 074
Art, Design, and Art History 080, 081, 082, 083, 085
Arts & Sciences 090
Asian Studies 098
Biological Sciences 120
Chemistry 160
Chinese 165
Clinical Laboratory Sciences 191
Computer Science 198
Creative Writing 200
Data Science 219
Economics 220
Learning Goals
Major Requirements
Minor Requirements
Ecology, Evolution, and Natural Resources 216
English 350, 352
English: Composition and Writing 355
Environmental Sciences 375
Film Studies 380
French 420
Geoscience/Geology 460
Global Politics 487
Health and Society 502
Health Information Management 504
History 510, 512
Honors 525
Honors Living-Learning Community 526
International Affairs 551
Italian 560
Japanese 565
Journalism 086
Latin 580
Latin American Studies 590
Latina/o Studies 597
Legal Studies 603
Linguistics 615
Mathematics 640
Medical Imaging Sciences 658
Middle Eastern and Islamic Studies 686
Music 087
Neuroscience 112
Peace and Conflict Studies 735
Philosophy 730
Physics 750
Political Science 790
Portuguese and Lusophone World Studies 812
Psychiatric Rehabilitation and Psychology 819
Psychology 830
Social Work 910
Sociology 920
Spanish 940
Theater 088
Translation and Interpreting Studies 942
Urban Education 300
Video Production 089
Women's and Gender Studies 988
Writing 989
Youth Development & Juvenile Justice 985
Administration and Faculty
Opportunities with New Jersey Institute of Technology
Rutgers Business School: Undergraduate-Newark
School of Criminal Justice
School of Public Affairs and Administration
Academic Foundations Center
Honors College
Honors Living-Learning Community
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Divisions of the University
Camden Newark New Brunswick/Piscataway
  Newark Undergraduate Catalog 2022-2024 School of Arts and Sciences-Newark Academic Programs and Courses Economics 220 Learning Goals  

Learning Goals

Economics is the social science that studies decision making given limited resources. The undergraduate major is designed to instruct students in the basic tools of economic theory and statistical methods, and to teach students how to use these tools to think critically about both current and historical economic issues. 

Economics majors are expected to:

1.  demonstrate an understanding of the role of markets in allocating resources and the efficiency and equity effects of government policies;

2.  demonstrate an understanding of the economy as a whole, including the determination of output, prices, and employment as well as the impact of monetary and fiscal policies;

3.  demonstrate an ability to locate, read, interpret, and evaluate existing economic data and related statistical information; and

4.  demonstrate a beginning ability to apply the tools of economic theory, statistics, and econometrics to study current and historical economic problems.

The first two learning goals are accomplished by the successful completion of the required economic theory sequence:

Econ 101  Introduction to Economics-Micro
Econ 102  Introduction to Economics-Macro
Econ 301  Intermediate Microeconomic Theory
Econ 302  Intermediate Macroeconomic Theory

The third learning goal is accomplished by the successful completion of the required statistical methods sequence:

Econ 203  Statistics
Econ 303  Introduction to Econometrics

The fourth learning goal is accomplished by the successful completion of six elective courses in which economic theory and statistical methods are used to study a wide variety of current and historical economic issues; it is also accomplished by the successful completion of:

Econ 406  Seminar in Economics

In addition, the economics major strengthens the following collegewide competencies:

  • proficiency in mathematics and basic computer literacy
  • problem solving and critical thinking
  • effective written and oral communication skills
For additional information, contact RU-info at 848-445-info (4636) or
Comments and corrections to: One Stop Student Services Center.

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