The economics major helps students develop an understanding of how individuals, organizations and societies make decisions to achieve their goals. In our introductory courses, students learn the fundamental principles of economics that can help them understand and analyze a wide range of social and policy issues. Our intermediate theory courses take a deeper dive, developing the analytical tools used in understanding individual choice, how markets function, and the determinants of key economic measures such as GDP, employment, and inflation. In addition to theory, our students also learn methods to describe and analyze economic data, allowing them to conduct their own empirical research. As part of the College of Liberal Arts, course work helps students look at economic issues through a variety of lenses, including history, culture, and institutions, allowing them to gain a richer understanding of specific aspects of economic behavior and public policy.
The major requires:
- Introductory and Intermediate Microeconomics
- Introductory and Intermediate Macroeconomics
- Econometrics
- Political Economy
- Senior Capstone Seminar
- Economics electives
- Prerequisite courses in math and statistics, as specified
- Completion of a minor or second major of the student's choice
Learning Objectives
Students will:
- Understand and apply key microeconomic concepts, such as consumer choice, competition and strategic behavior, market failures and the role of government intervention, the value of information, and efficiency and equity.
- Understand and apply key macroeconomic concepts, such as the determinants of unemployment, inflation, and economic growth, the causes of income inequality, and the role of government and the Federal Reserve in managing the economy.
- Understand and analyze a broad array of economic issues found in the news and understand how the economic aspects of society work. Students may choose from electives in developmental/international economics, environmental economics, health economics, race, class, gender, public policy, and more.
Accelerated Program
The major in Economics includes an accelerated program option for students to graduate on a faster schedule. Accelerated Programs typically include 15-16 credits each fall and spring semester for three years, plus 6-9 credits over two to three summer sessions. Students who enter CSU with prior credit (AP, IB, transfer, etc.) may use applicable courses to further accelerate their graduation. Visit the Office of the Provost website for additional information about Accelerated Programs.
Potential Career Paths
Economics provides students with a broad academic background and critical thinking skills suitable to many fields: education, research, business, government, nonprofit, environmental conversation, international relations, and more. Economics is also a good major for those interested in attending law school.
Career choices include, but are not limited to:
- Financial analyst
- Economic forecaster
- Public policy analyst
- Regional/urban planner
- Foreign service officer
- Natural resource analyst
- Nonprofit analyst
- Program administrator
- Sales analyst
Change of Major
To change your major to Economics, you can either call the College of Liberal Arts Academic Advising Center at 970-491-3117 or send an email to cla_advising@colostate.edu. More information is available on https://advising.libarts.colostate.edu.
Effective Fall 2022
Economics majors must achieve a minimum grade of 1.670 (C-) in each of the economics courses counted toward the major.
Freshman | |||
---|---|---|---|
AUCC | Credits | ||
CO 150 | College Composition (GT-CO2) | 1A | 3 |
ECON 202 | Principles of Microeconomics (GT-SS1) | 3C | 3 |
Select one course from the following: | 3-4 | ||
Calculus in Management Sciences (GT-MA1) | 1B | ||
Calculus for Biological Scientists I (GT-MA1) | 1B | ||
Calculus for Physical Scientists I (GT-MA1) | 1B | ||
Arts and Humanities | 3B | 6 | |
Historical Perspectives | 3D | 3 | |
Electives | 11-12 | ||
Total Credits | 30 | ||
Sophomore | |||
ECON 204 | Principles of Macroeconomics (GT-SS1) | 3C | 3 |
Select one course from the following: | 3 | ||
General Statistics (GT-MA1) | 1B | ||
Statistics With Business Applications (GT-MA1) | 1B | ||
Introduction to Applied Statistical Methods | |||
Introduction to Biostatistics | |||
Intro to Theory and Practice of Statistics | |||
Biological and Physical Sciences | 3A | 7 | |
Diversity, Equity, and Inclusion | 1C | 3 | |
Minor/second major/interdisciplinary minor1 | 6 | ||
Electives | 8 | ||
Total Credits | 30 | ||
Junior | |||
ECON 304 | Intermediate Macroeconomics | 3 | |
ECON 306 | Intermediate Microeconomics | 4A,4B | 3 |
ECON 335/AREC 335 | Introduction to Econometrics | 3 | |
Select one course from the following: | 3 | ||
International Political Economy | |||
History of Economic Institutions and Thought | |||
Marxist Economic Thought | |||
Economic History of the United States | |||
Recent Economic Thought | |||
ECON XXX2 | 6 | ||
Minor/second major/interdisciplinary minor1 | 6 | ||
Advanced Writing | 2 | 3 | |
Electives | 3 | ||
Total Credits | 30 | ||
Senior | |||
ECON 492 | Seminar | 4A,4B,4C | 3 |
ECON 3XX or ECON 4XX3 | 3 | ||
ECON 4XX3 | 3 | ||
Minor/second major/interdisciplinary studies minor1 | 9-15 | ||
Electives4 | 6-12 | ||
Total Credits | 30 | ||
Program Total Credits: | 120 |
- 1
Students must complete a minor, second major, or interdisciplinary minor.
- 2
- 3
- 4
Select enough elective credits to bring the program total to a minimum of 120 credits, of which at least 42 must be upper-division (300- to 400-level).
Economics majors must achieve a minimum grade of 1.670 (C-) in each of the economics courses counted toward the major.
Freshman | |||||
---|---|---|---|---|---|
Semester 1 | Critical | Recommended | AUCC | Credits | |
CO 150 | College Composition (GT-CO2) | X | 1A | 3 | |
Arts and Humanities | 3B | 3 | |||
Historical Perspectives | 3D | 3 | |||
Electives | 6 | ||||
Total Credits | 15 | ||||
Semester 2 | Critical | Recommended | AUCC | Credits | |
ECON 202 | Principles of Microeconomics (GT-SS1) | X | 3C | 3 | |
Select one course from the following: | 3-4 | ||||
Calculus in Management Sciences (GT-MA1) | X | 1B | |||
Calculus for Biological Scientists I (GT-MA1) | X | 1B | |||
Calculus for Physical Scientists I (GT-MA1) | X | 1B | |||
Arts and Humanities | 3B | 3 | |||
Electives | 5-6 | ||||
Total Credits | 15 | ||||
Sophomore | |||||
Semester 3 | Critical | Recommended | AUCC | Credits | |
ECON 204 | Principles of Macroeconomics (GT-SS1) | X | 3C | 3 | |
Biological and Physical Sciences | 3A | 3 | |||
Diversity, Equity, and Inclusion | 1C | 3 | |||
Minor/second major/interdisciplinary minor course | 3 | ||||
Elective | 3 | ||||
Total Credits | 15 | ||||
Semester 4 | Critical | Recommended | AUCC | Credits | |
Select one course from the following: | 3 | ||||
General Statistics (GT-MA1) | X | 1B | |||
Statistics With Business Applications (GT-MA1) | X | 1B | |||
Introduction to Applied Statistical Methods | X | ||||
Introduction to Biostatistics | X | ||||
Intro to Theory and Practice of Statistics | X | ||||
Biological and Physical Sciences | 3A | 4 | |||
Minor/second major/interdisciplinary minor course | 3 | ||||
Electives | 5 | ||||
Total Credits | 15 | ||||
Junior | |||||
Semester 5 | Critical | Recommended | AUCC | Credits | |
ECON 304 | Intermediate Macroeconomics | X | 3 | ||
ECON 335/AREC 335 | Introduction to Econometrics | X | 3 | ||
Advanced Writing | 2 | 3 | |||
Economics XXX | 3 | ||||
Minor/second major/interdisciplinary minor course | 3 | ||||
Total Credits | 15 | ||||
Semester 6 | Critical | Recommended | AUCC | Credits | |
ECON 306 | Intermediate Microeconomics | X | 4A,4B | 3 | |
Select one course from the following: | 3 | ||||
International Political Economy | |||||
History of Economic Institutions and Thought | |||||
Marxist Economic Thought | |||||
Economic History of the United States | |||||
Recent Economic Thought | |||||
Economics XXX | 3 | ||||
Minor/second major/interdisciplinary minor course | 3 | ||||
Electives | 3 | ||||
Total Credits | 15 | ||||
Senior | |||||
Semester 7 | Critical | Recommended | AUCC | Credits | |
Minor/second major/interdisciplinary minor courses | 6 | ||||
ECON 3XX or 4XX | 3 | ||||
Electives | 6 | ||||
Total Credits | 15 | ||||
Semester 8 | Critical | Recommended | AUCC | Credits | |
ECON 492 | Seminar | X | 4A,4B,4C | 3 | |
Minor/second major/interdisciplinary minor course | X | 3-9 | |||
ECON 4XX | X | 3 | |||
Electives | X | 0-6 | |||
The benchmark courses for the 8th semester are the remaining courses in the entire program of study. | X | ||||
Total Credits | 15 | ||||
Program Total Credits: | 120 |