Goucher College 2022-2023 Undergraduate Catalogue 
    
    Sep 25, 2022  
Goucher College 2022-2023 Undergraduate Catalogue

Economics Major


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Total number of credits required: 36

Economics is a universal subject for universally curious students who:

  • Want to a framework to critically analyze contemporary economic problems and to formulate policy solutions to address those problems.
  • Want to acquire quantitative skills that are desired by employers and graduate programs, particularly in economics, finance, public policy, and law.

 

A major in economics requires the following courses:


Next Steps for Potential Majors and Minors


Students interested in majoring or minoring in Economics should start by enrolling in EC 111 - Essentials of Economics I (4 Cr.) .

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 in the Economics major or minor:

  • EC 111  with a 4 or 5 in either AP Microeconomics and AP Macroeconomics
  • EC 111  and EC 211  with a 4 or 5 in both AP Microeconomics and AP Macroeconomics
  • EC 206  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

 

Students who have received a score of 5, 6, or 7 on the International Baccalaureate (IB) Economics Higher Level (HL) exam will receive credit for both EC 111 and EC 211

 

Given that EC 206  is a prerequisite for EC 320 , students should take EC 206  no later than the end of their junior year. Students may not take EC 206  if credit has already been received for another statistics course.

Qualifications Required to Graduate with Honors in the Economics Major


Honors in the economics major is conferred upon students who achieve a grade point average of at least 3.67 in all courses that count toward the major.

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