Economics (ECON) and Quantitative Economics (QUAN)

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
  • WRIT 111 or REL 121 or Conversation Program
  • ECON 121 or in interim
  • MATH 119 or MATH 120* – AP/IB/CA/PSEO can substitute. Math placement above MATH 120 alone is not sufficient for the economics major.
  • Foreign Language

For students without credit for ECON 121 Principles of Economics:

Interim
  • ECON 121, or in the fall
Spring
  • WRIT 111 or REL 121 or Conversation Program
  • Level II Economic Analysis (ECON 200-249) or ECON 260 pending completion of MATH 120/119
  • GE/Elective
  • Foreign Language

Typical First Year Schedule [with ECON 121 transfer credit]

Fall
  • WRIT 111 or REL 121 or Conversation Program
  • Level II Economic Analysis (ECON 200-249) or ECON 260 if credit is awarded for MATH 120/119
  • MATH 119 or MATH 120* – AP/IB/CA/PSEO can substitute. Math placement above MATH 120 alone is not sufficient for the economics major.
  • Foreign Language

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

Interim
  • GE/Elective
Spring
  • WRIT 111 or REL 121 or Conversation Program
  • ECON 260 or 261 pending completion of MATH 120/119 or a Level II Economic Analysis (ECON 200-249) course
  • GE/Elective
  • Foreign Language
Additional Information

*The completion of MATH 119 or MATH 120 is a prerequisite for ECON 260, 261, and 262.

CREDIT FOR PREVIOUS COURSEWORK/PLACEMENT
  • 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)

Academic Catalog
2020-21 courses will be updated in August 2020