Economics (ECON) and Quantitative Economics

Economics is the study of how people and organizations make decisions, how they interact with each other, and how institutions and policies can be designed to improve people’s lives. The Quantitative Economics major includes quantitative research experiences and higher-level mathematics.

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Typical First Year Schedule [without ECON 121 transfer credit]

Fall
  • FYS 120 or WRIT 120 or Conversation Program
  • ECON 121 or in interim
  • MATH 119 (offered Fall only) or MATH 120*
  • World Language

For students without credit for ECON 121 Principles of Economics:

Interim
  • MATH 120 or ECON 121 (or in the fall)
Spring
  • FYS 120 or WRIT 120 or Conversation Program
  • MATH 120 or Level II Economic Analysis (ECON 200-249) or ECON 260 pending completion of MATH 120
  • OLE Core/Elective
  • World Language

Typical First Year Schedule [with ECON 121 transfer credit]

Fall
  • FYS 120 or WRIT 120 or Conversation Program
  • MATH 119 (offered Fall only)/120*
  • OLE Core/Elective or Level II Economic Analysis (ECON 200-249) or ECON 260 if credit is awarded for MATH 119/120
  • World Language

For students with credit for ECON 121 Principles of Economics through AP/IB/CA/PSEO etc.:

Interim
  • MATH 120 or OLE Core/Elective
Spring
  • FYS 120 or WRIT 120 or Conversation Program
  • MATH 120 or a Level II Economic Analysis (ECON 200-249) course or ECON 260 or 261 pending completion of MATH 120
  • OLE Core/Elective
  • World Language
Additional Information

*MATH 119/120 can be taken during Fall, Interim, or Spring. AP/IB/CA/PSEO can substitute. Math placement above MATH 120 alone is not sufficient for the economics major.  The completion of MATH 119/120 is a prerequisite for ECON 260, 261, and 262.

CREDIT FOR PREVIOUS COURSEWORK
  • Credit for Economics 111 is given to students who (1) receive a score of 4 or above on EITHER the AP Macroeconomics or the AP Microeconomics Examination or (2) receive a score of 5 on the IB Higher Level (HL) Examination in Economics.
  • Credit for Economics 121 is given to students who (1) receive scores of 4 and above on BOTH the AP Macroeconomics and the AP Microeconomics Examinations, (2) earn a 6 or a 7 on the IB Higher Level (HL) Examination in Economics, or (3) earn an A (a*) on the Cambridge A Level Exam in Economics.
  • Credit toward the economics major for transfer courses or other programs is done in consultation with the Registrar and the Economics Department Chair.
Placement
  • The Department recommends that students who qualify for Econ 111 via AP/IB/CA credit be placed in Economics 121.
  • The Department recommends that students who qualify for Econ 121 via AP/IB/CA credit be placed in a level II economic analysis course (any of ECON 200-249).
Informational Events

Nothing listed at this time.

CONTACT INFORMATION

Chair, Department of Economics – Ashley Hodgson (hodgsona@stolaf.edu)