Economics, B.S.

Current students wishing to declare the Economics major (BA or BS) in the College of Arts & Sciences must meet both of the following requirements:

  1. have completed MTH 1321 Calculus I with a minimum grade of “C”, and
  2. 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

Required Courses
Twenty-seven semester hours including the following:
Core Economics Courses 1
ECO 2306Principles of Microeconomics 23
ECO 2307Principles of Macroeconomics 23
ECO 3306Intermediate Microeconomic Analysis3
ECO 3305Money and Banking3
or ECO 3307 Intermediate Macroeconomic Analysis
ECO 4347Econometrics3
Twelve semester hours of 3000-4000 ECO courses, six of which must be at the 4000-level12
Subtotal27
Required Courses in Other Fields
MTH 1321Calculus I 43
STA 2381Introductory Statistical Methods3
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 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
The Dynamic Earth
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
Total Hours53
1

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.

2

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.

3

ECO 3308 Engineering Economic Analysis and ECO 3355 Introduction to the Economics of Poverty and Discrimination do not count toward the Economics major.

4

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.

Note: Students interested in the B.B.A. degree should see the Hankamer School of Business section of this catalog. Prospective teachers of economics should refer to the School of Education section of this catalog.