Economics (BS)
Admission Requirements
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”
- 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.
Note: Students interested in the BBA degree should review Economics (BBA) requirements from the Hankamer School of Business. Prospective teachers of economics should refer to the School of Education section of this catalog.
Requirements for a Major in Economics (BS)
| Code | Title | Hours |
|---|---|---|
| Minimum Total Hours Requirement | (124) | |
| Minimum GPA - 2.0 ("C") Overall | ||
| Minimum Hours in Residence | (60) | |
| Minimum Advanced Hours (for UG: 3000- or 4000-level courses) | (36) | |
| General Education Requirements | ||
| Arts and Sciences Core | 47-54 | |
| Major Requirements | ||
| Core Economics Courses 2 | ||
| ECO 2306 | Principles of Microeconomics 3, 4 | 3 |
| ECO 2307 | Principles of Macroeconomics 3 | 3 |
| ECO 3306 | Intermediate Microeconomic Analysis | 3 |
| ECO 3307 | Intermediate Macroeconomic Analysis | 3 |
| ECO 4347 | Advanced Econometrics | 3 |
| Economics Electives 5 | ||
| Select 9 hrs. of 4000-level ECO courses | 9 | |
| Select 3 additional hrs. of 3000- or 4000-level ECO courses | 3 | |
| Required Courses in Other Fields | ||
| MTH 1321 | Calculus I 6 | 3 |
| STA 2381 | Introductory Statistical Methods | 3 |
| or STA 3381 | Probability and Statistics | |
| Eight semester hours of science courses (with no more than 4 hours from GEO) with appropriate labs selected from the following: | 8 | |
| Modern Concepts of Bioscience and Modern Concepts of Bioscience Laboratory | ||
| Modern Concepts of Bioscience, continued and Modern Concepts of Bioscience Laboratory | ||
| Basic Principles of Modern Chemistry I and General Chemistry Laboratory I | ||
| Basic Principles of Modern Chemistry II and General Chemistry Laboratory II | ||
| Exploring Environmental Issues and An Introduction to Environmental Analysis (Lab) | ||
| The Dynamic Earth and Dynamic Earth Laboratory | ||
| The Earth Through Time and The Earth Through Time, Laboratory | ||
| Evolution and Extinction and The Earth Through Time, Laboratory | ||
| Earthquakes and Other Natural Disasters | ||
| World Oceans | ||
| Environmental Geology | ||
| Earth Science | ||
| Introduction to Neuroscience and Introduction to Neuroscience Laboratory | ||
| General Physics I | ||
| General Physics II | ||
| Twelve additional semester hours of science and mathematics, selected from one or more of the following: BIO, CHE, GEO, PHY, PSY, NSC, ENV, MTH, STA, and/or CSI (excluding MTH and STA courses taken to satisfy the requirement above). All courses must count toward the major in the respective departments. | 12 | |
| Note: Additional elective hrs. to reach 124 hrs. minimum may be required. | ||
| Total Hours | 124 | |
- 1
Core requirements and hours may vary based on individual student factors, including course selection, language proficiency, transfer status, specialized programs (e.g., BIC). Students should consult with their advisor and degree audit for additional information.
- 2
Economics majors must earn a minimum grade of C in each of these courses. Students earning a C- or below 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 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.
- 3
Qualified students may take ECO 1380 Introduction to Economic Analysis and Policy in lieu of ECO 2306 and ECO 2307, but doing so does not reduce the number of semester hours required for the major. Economics majors taking ECO 1380 must earn a minimum grade of C in the course.
- 4
Students who complete ECO 1305 Issues in Economics for Non-Business Majors before declaring a major in Economics may utilize ECO 1305 in lieu of ECO 2306. Economics majors using ECO 1305 must earn a minimum grade of C in the course, and the course cannot be transferred to Baylor post-matriculation.
- 5
ECO 3308 Engineering Economic Analysis does not count toward the Economics major.
- 6
Economics majors must earn a minimum grade of C in MTH 1321 Calculus I. Students earning C- or below may only retake MTH 1321 once to meet the minimum grade requirement.