Economics - Secondary Major
The secondary major in Economics is available to students who, because of their majors, cannot also declare an additional Major in Economics, such as students in the University Scholars program and other students whose degree plans are not in the College of Arts & Sciences or the Hankamer School of Business. Students must meet the following requirements before declaring a secondary major in Economics:
- 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 a secondary major in Economics.
Requirements for a Secondary Major in Economics
Code | Title | Hours |
---|---|---|
Required Courses | ||
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 3307 | Intermediate Macroeconomic Analysis | 3 |
ECO 3347 | Introduction to Econometrics and Data Analysis | 3 |
or ECO 4347 | Advanced Econometrics | |
Economics Electives 3 | ||
Twelve semester hours of 3000-4000 level ECO courses, nine of which must be at the 4000-level | 12 | |
Subtotal | 27 | |
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 | ||
Total Hours | 33 |
- 1
Secondary majors in Economics 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 earning a secondary major in Economics must complete all core Economics courses at Baylor; post-matriculation transfer credit will not count toward the secondary major even if the student was not an Economics secondary 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 secondary major. Students earning a secondary major in Economics who take 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 secondary major in Economics.
- 4
Secondary majors in Economics 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.