Economics
This is an archived copy of the 2018-19 catalog. To access the most recent version of the catalog, please visit http://bulletin.ndsu.edu.
Major Requirements
Major: Economics (Standard Option)
Degree Type: B.A. or B.S.
Minimum Degree Credits to Graduate: 120
University Degree Requirements
- Satisfactory completion of all requirements of the curriculum in which one is enrolled.
- Earn a minimum total of 120 credits in approved coursework. Some academic programs exceed this minimum.
- Satisfactory completion of the general education requirements as specific by the university.
- A minimum institutional GPA of 2.00 based on work taken at NDSU.
- At least 36 credits presented for graduation must be in courses number 300 or higher.
- Transfer Students: Must earn a minimum of 60 credits from a baccalaureate-degree granting or professional institituion.
- Of these 60, at least 36 must be NDSU residence credits as defined in #7.
- Within the 36 resident credits, a minimum of 15 must be in courses numbered 300 or higher and 15 credits in the major field of study.
- At least 36 credits must be NDSU resident credits. Residence credits include credits registered and paid for at NDSU.
For complete information, please refer to the Degree and Graduation Requirements section of this Bulletin.
University General Education Requirements
| Code | Title | Credits |
|---|---|---|
| Communication (C) | 12 | |
| College Composition I | ||
| College Composition II | ||
| Fundamentals of Public Speaking | ||
Upper Division Writing † | ||
| Quantitative Reasoning (R) † | 3 | |
| Science and Technology (S) † | 10 | |
| Humanities and Fine Arts (A) † | 6 | |
| Social and Behavioral Sciences (B) † | 6 | |
| Wellness (W) † | 2 | |
| Cultural Diversity (D) *† | ||
| Global Perspectives (G) *† | ||
| Total Credits | 39 | |
| * | May be satisfied by completing courses in another General Education category. |
| † | General education courses may be used to satisfy requirements for both general education and the major, minor, and program emphases, where applicable. Students should carefully review major requirements to determine if specific courses can also satisfy these general education categories. |
- A list of university approved general education courses and administrative policies are available here.
Major Requirements
| Code | Title | Credits |
|---|---|---|
| Required Courses for Economics | ||
| ECON 201 | Principles of Microeconomics (May satisfy general education category B) | 3 |
| ECON 202 | Principles of Macroeconomics (May satisfy general education category B) | 3 |
| ECON 341 | Intermediate Microeconomics | 3 |
| ECON 343 | Intermediate Macroeconomics | 3 |
| Economics Electives: Select 15 credits from the following; 3 credits must be an approved capstone: | 15 | |
| Econometrics 2 | ||
| Game Theory and Strategy (Approved as capstone) | ||
| History of Economic Thought | ||
| Economic Development (Approved as capstone) | ||
| Labor Economics | ||
| Public Economics (Approved as capstone) | ||
| International Trade | ||
| Monetary Theory and Policy | ||
| Industrial Organization (Approved as capstone) | ||
| Natural Resource Economics | ||
| Environmental Economics | ||
Select no more than 3 credits from the following as part of the 15 economics electives: | ||
| Quantitative Methods & Decision Making | ||
| Agricultural Price Analysis | ||
| Applied Risk Analysis | ||
| Principles of Real Estate | ||
| Agribusiness Industrial Strategy | ||
| Agribusiness Finance | ||
| Money and Banking | ||
| Investment Analysis and Management | ||
| Options, Futures, and Other Derivatives | ||
| Management of Financial Institutions | ||
| International Finance | ||
| Advanced Bank Management | ||
| Corporate Finance | ||
| Managerial Economics | ||
| Other Requirements | ||
| ECON 189 | Skills for Academic Success | 1 |
| MIS 116 | Business Use of Computers | 3 |
| MATH 144 | Mathematics for Business (or any higher math) | 4 |
| STAT 330 | Introductory Statistics (May satisfy general education category R) | 3 |
| STAT 331 | Regression Analysis 2 | 2 or 3 |
| or ECON 410 | Econometrics | |
| Additional Requirements | ||
| Humanities & Fine Arts: May be selected from the currrent general education list or any course with a prefix of: ART, CLAS, ENGL, FREN, GERM, HIST, HUM, MUSC, PHIL, SPAN, or THEA. | 3 | |
| Social & Behavioral Sciences: Three (3) credits must be selected from the current general education list while the remaining three (3) credits may be any course with a prefix of: ANTH, CJ, GEOG, POLS, PSYC, or SOC. | 6 | |
| Total Credits | 49-50 | |
| 1 | AGRI189 is only required for first-time, first-year students--A first-time, first-year student is defined as a student who has not yet completed a college course as a college student. Students that are not first-time, first-year students that either transfer into the university or change their major are not required to take AGRI 189. |
| 2 | STAT 331 is waived if ECON 410 is taken. |
Degree Requirements and Notes
- Students must earn, at least, a 2.00 cumulative GPA that is based on the courses that satisfy major requirements.
- Bachelor of Science (BS) Degree - A minor program of study is required.
- Bachelor of Arts (BA) Degree - An additional 3 credits of 300-400 level humanities, social sciences or study abroad is required along with the successful completion of a second year language proficiency.
Link to view program description and 4-year Plan of Study
Major: Economics- Quantitative Option
Degree Type: B.S.
Minimum Degree Credits to Graduate: 120
University Degree Requirements
- Satisfactory completion of all requirements of the curriculum in which one is enrolled.
- Earn a minimum total of 120 credits in approved coursework. Some academic programs exceed this minimum.
- Satisfactory completion of the general education requirements as specific by the university.
- A minimum institutional GPA of 2.00 based on work taken at NDSU.
- At least 36 credits presented for graduation must be in courses number 300 or higher.
- Transfer Students: Must earn a minimum of 60 credits from a baccalaureate-degree granting or professional institituion.
- Of these 60, at least 36 must be NDSU residence credits as defined in #7.
- Within the 36 resident credits, a minimum of 15 must be in courses numbered 300 or higher and 15 credits in the major field of study.
- At least 36 credits must be NDSU resident credits. Residence credits include credits registered and paid for at NDSU.
For complete information, please refer to the Degree and Graduation Requirements section of this Bulletin.
University General Education Requirements
| Code | Title | Credits |
|---|---|---|
| Communication (C) | 12 | |
| College Composition I | ||
| College Composition II | ||
| Fundamentals of Public Speaking | ||
Upper Division Writing † | ||
| Quantitative Reasoning (R) † | 3 | |
| Science and Technology (S) † | 10 | |
| Humanities and Fine Arts (A) † | 6 | |
| Social and Behavioral Sciences (B) † | 6 | |
| Wellness (W) † | 2 | |
| Cultural Diversity (D) *† | ||
| Global Perspectives (G) *† | ||
| Total Credits | 39 | |
| * | May be satisfied by completing courses in another General Education category. |
| † | General education courses may be used to satisfy requirements for both general education and the major, minor, and program emphases, where applicable. Students should carefully review major requirements to determine if specific courses can also satisfy these general education categories. |
- A list of university approved general education courses and administrative policies are available here.
Major Requirements
The declaration of a MATHEMATICS or STATISTICS minor is required.
| Code | Title | Credits |
|---|---|---|
| Required Core Courses for Economics Quantitative Option | ||
| ECON 201 | Principles of Microeconomics (May satisfy general education category B) | 3 |
| ECON 202 | Principles of Macroeconomics (May satisfy general education category B) | 3 |
| ECON 341 | Intermediate Microeconomics | 3 |
| ECON 343 | Intermediate Macroeconomics | 3 |
| ECON 410 | Econometrics | 3 |
| Economics Electives: Select 6 credits from the following; at least 3 credits must be an approved capstone. | 6 | |
| Game Theory and Strategy (Approved as capstone) | ||
| History of Economic Thought | ||
| Economic Development (Approved as capstone) | ||
| Labor Economics | ||
| Public Economics (Approved as capstone) | ||
| International Trade | ||
| Monetary Theory and Policy | ||
| Industrial Organization (Approved as capstone) | ||
| Natural Resource Economics | ||
| Environmental Economics | ||
| Additional Electives: | ||
| ECON 189 | Skills for Academic Success | 1 |
| MIS 116 | Business Use of Computers | 3 |
| MATH 165 | Calculus I (May satisfy general education category R) | 4 |
| MATH 166 | Calculus II | 4 |
| MATH 259 | Multivariate Calculus | 3-4 |
| or MATH 265 | Calculus III | |
| MATH 266 | Introduction to Differential Equations | 3 |
| or STAT 368 | Statistics | |
| STAT 367 | Probability | 3 |
| or STAT 467 | Probability and Mathematical Statistics I | |
| Additional Requirements | ||
| Humanities & Fine Arts: May be selected from the currrent general education list or any course with a prefix of: ART, CLAS, ENGL, FREN, GERM, HIST, HUM, MUSC, PHIL, SPAN, or THEA. | 3 | |
| Social & Behavioral Sciences: Three (3) credits must be selected from the current general education list while the remaining three (3) credits may be any course with a prefix of: ANTH, CJ, GEOG, POLS, PSYC, or SOC. | 6 | |
| Total Credits | 51-52 | |
| 1 | AGRI189 is only required for first-time, first-year students--A first-time, first-year student is defined as a student who has not yet completed a college course as a college student. Students that are not first-time, first-year students that either transfer into the university or change their major are not required to take AGRI 189. |
Degree Requirements and Notes
- Students must earn, at least, a 2.00 cumulative GPA that is based on the courses that satisfy major requirements.
- The Economics Quantitative option is available as a Bachelor of Science degree only.
Minor Requirements
Economics Minor
Minor Requirements
Required Credits: 18-19
| Code | Title | Credits |
|---|---|---|
| Required Courses | ||
| ECON 201 | Principles of Microeconomics | 3 |
| ECON 202 | Principles of Macroeconomics | 3 |
| ECON 341 | Intermediate Microeconomics | 3-4 |
| or BUSN 487 | Managerial Economics | |
| ECON 343 | Intermediate Macroeconomics | 3 |
| Elective Courses | ||
| ECON 300-400 | Elective | 3 |
| ECON 400 | Elective | 3 |
| Total Credits | 18-19 | |
Minor Requirements and Notes
- A minimum of 8 credits must be taken at NDSU.
- Students must earn a minimum 2.00 GPA for the minor requirements.