The economics major is designed for students seeking a broad education applicable to occupations in business, law, and government. School requirements must be met and must include 17 courses as specified below.
- Economics 20A-B. Basic Micro and Macroeconomics.
- Economics 15A-B. Probability and Statistics.
- Mathematics 2A-B. Calculus and Mathematics for Economists.
- Economics 100A-B-C. Intermediate Micro and Macroeconomics.†
- Economics 122A. Applied Econometrics.
- Six additional Economics courses, one of which may be lower-division.
†Economics 100A-B-C and 105A-B-C may not both be taken for credit and are not considered interchangeable. For students who are interested in the major of Quantitative Economics but are not officially a declared major, you are advised to begin with Economics 105A.
Program Learning Outcomes
- Understand comparative advantage.
- Use supply and demand curves to analyze the impact of taxes etc. on consumer surplus and market efficiency.
- Interpret estimates from linear regression models and use these models to test hypothesis and make forecasts.
- Be able to use standard software to carry out regression analyses with real data.
- Understand how to evaluate macroeconomic conditions such as unemployment, inflation, and growth.
- Understand how monetary policy and fiscal policy can be used to influence short-run macroeconomic conditions.