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Apr 19, 2024
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Goucher College 2017-2018 Undergraduate Catalogue PLEASE NOTE: This is an archived catalog. Programs are subject to change each academic year.
Economics Major
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 Return to: Majors, Minors, Concentrations, and Certifications
Total number of credits required: 36
Writing Proficiency Requirement
Students may take EC 497 to fulfill the writing proficiency requirement in the major.
Qualifications Required to Graduate with Department Honors
Departmental honors are decided by a vote of the faculty just prior to Commencement each year. The following guidelines are used to consider candidates:
- Students must achieve a grade point average of at least a 3.67 in all courses that count toward the major at the 200-level and above, including any statistics course substituted for EC 206 .
- Students must have demonstrated to the department faculty superior grasp of economic theory and its applications.
- Once requirements for the major have been met, students may elect to take additional courses without penalizing eligibility for honors.
Repeating Failed Courses
It is the department’s policy that students majoring or minoring in economics must receive at least a C- in every course taken toward the completion of the major/minor. Any student who fails to receive a grade of C- in more than two courses will not be permitted to continue in the major or minor. No course may be retaken more than once. For purposes of this policy, withdrawals beyond the seventh week will be considered as having taken the course.
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A major in economics requires the following courses:
The Economics major is intended for students:
- who seek the analytical skills and specific knowledge of economic processes necessary to be a responsible citizen;
- who desire economic understanding as a background for careers in business, labor, politics, law, finance, administration, or public service;
- who hope to continue specialized studies in economics or business at the graduate level; and
- who are preparing to teach social studies in the secondary schools. (For certification requirements, see the description under the Education program.)
Additional Information:
Students interested in majoring or minoring in Economics should start by enrolling in EC 111 - Essentials of Economics I.
Students who have received a 4 or 5 on the Advanced Placement (AP) exams for Microeconomics and/or Macroeconomics, will receive academic credit for the following requirements for the Economics major or minor:
- EC 111 with a 4 or 5 in either AP Microeconomics or AP Macroeconomics
- EC 111 and EC 211 with a 4 or 5 in both AP Microeconomics and AP Macroeconomics
- EC 206 /acceptable statistics course with a 4 or 5 on the AP Statistics Exam
The same type of substitution will be available for students who have taken either a Principles of Microeconomics or Principles of Macroeconomics course at another institution.
- EC 111 with at least a C- in either Principles of Microeconomics or Macroeconomics
- EC 111 and EC 211 with at least a C- in both Principles of Microeconomics and Macroeconomics
Ordinarily majors must take EC 206 or an equivalent statistics course by the end of the junior year. Students may not take EC 206 if credit has already been received for another statistics course. Those planning to major in economics are encouraged to complete EC 311 as soon as possible, because it provides the essential analytical skills used in most applied economics.
Recommended courses for students planning graduate studies in economics are:
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Return to: Majors, Minors, Concentrations, and Certifications
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