Current students wishing to declare the Economics major (BA or BS) in the College of Arts & Sciences must meet both of the following requirements:
- have completed MTH 1321 Calculus I with a minimum grade of “C”, and
- have an overall GPA of 3.0 or higher.
Transfer students must wait to earn a Baylor GPA of 3.0 or higher before declaring the Economics major.
Requirements for a Major in Economics
|Twenty-seven semester hours including the following:|
|Core Economics Courses 1|
|ECO 2306||Principles of Microeconomics 2||3|
|ECO 2307||Principles of Macroeconomics 2||3|
|ECO 3306||Intermediate Microeconomic Analysis||3|
|ECO 3305||Money and Banking||3|
|or ECO 3307||Intermediate Macroeconomic Analysis|
|Economics Electives 3|
|Fifteen semester hours of 3000-4000 level ECO courses, nine of which must be at the 4000-level||15|
|Required Courses in Other Fields|
|MTH 1321||Calculus I 4||3|
|Select one course from the following:||3|
|Introductory Statistical Methods|
|Probability and Statistics|
|Business Data Analysis I|
Economics majors must earn a minimum grade of C in each of these courses. Students earning a C-minus or less in any of these courses may only retake the course once to meet the minimum grade requirement. Except for credit earned prior to initial matriculation at Baylor, students majoring in Economics must complete all core Economics courses (ECO 2306 Principles of Microeconomics, ECO 2307 Principles of Macroeconomics, ECO 3306 Intermediate Microeconomic Analysis, and ECO 3305 Money and Banking or ECO 3307 Intermediate Macroeconomic Analysis) at Baylor; post-matriculation transfer credit will not count toward the major even if the student was not an Economics major at the time the transfer credit was earned.
Qualified students may take ECO 1380 Introduction to Economic Analysis and Policy in lieu of ECO 2306 Principles of Microeconomics and ECO 2307 Principles of Macroeconomics, but doing so does not reduce the number of semester hours required for the major. Economics majors taking ECO 1380 Introduction to Economic Analysis and Policy must earn a minimum grade of C in the course.
ECO 3308 Engineering Economic Analysis and ECO 3355 Introduction to the Economics of Poverty and Discrimination do not count toward the Economics major
Economics majors must earn a minimum grade of C in MTH 1321 Calculus I. Students earning C-minus or less may only retake MTH 1321 Calculus I once to meet the minimum grade requirement.