Economics Major, B.S.

Department of Economics

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107 Gardner Hall, CB# 3305

(919) 966-2383

Donna Gilleskie, Chair

donna_gilleskie@unc.edu

Geetha Vaidyanathan, Director of Undergraduate Studies

econ_undergradprogram@unc.edu

Kevin Allen, Undergraduate Student Advisor

ECON_UndergradAdvisor@unc.edu

The B.S. degree in economics provides an overview of methods for studying activity and outcomes in market settings and beyond, considers the impact of public policy and business activity through the lens of economic models, and covers techniques in quantitative and data analysis that are the foundation of modern economic analysis. Relative to the B.A. degree in economics, the B.S. degree puts a greater emphasis on quantitative methods and student-conducted economic research​, and it includes additional training beyond the B.A. degree. The degree is interdisciplinary, with required courses from mathematics, statistics and computer science.

This major provides the opportunity to achieve one or more of the following objectives:

  • General education for intelligent citizenship with special emphasis on economic principles and the quantitative methods that economists use in applied analysis.
  • Preparation for private employment, including finance, marketing, consulting, and data analytics.
  • Preparation for government employment, with emphasis on methods to analyze the impacts of public policy.
  • Preparation for graduate programs in economics, business administration, data analytics, international studies, law, health and hospital administration, city planning, public policy, and other fields.
  • Creation of double majors and interdisciplinary majors with other STEM disciplines.

Department Programs

Major

Minor

Graduate Programs

Student Learning Outcomes

Upon completion of the economics program, students should be able to:

  • Define common economic concepts
  • Apply these concepts to understand and analyze observed economic phenomena
  • Demonstrate the ability to use empirical and econometric methods in economic analysis
  • Evaluate the impact of economic phenomena on welfare and standard of living

Requirements

In addition to the program requirements, students must

  • attain a final cumulative GPA of at least 2.0
  • complete a minimum of 45 academic credit hours earned from UNC–Chapel Hill courses
  • take at least half of their major course requirements (courses and credit hours) at UNC–Chapel Hill
  • earn a minimum of 18 hours of C or better in the major core requirements (some majors require 21 hours).

For more information, please consult the degree requirements section of the catalog.

Gateway Requirement
ECON 101Introduction to Economics H4
Core Requirements
ECON 400Introduction to Statistics and Econometrics H3
ECON 410Intermediate Theory: Price and Distribution H4
ECON 420Intermediate Theory: Money, Income, and Employment H3
ECON 470Econometrics H3
Five ECON courses at the 400-level, including two at the 500-level15
Additional Requirements
MATH 231Calculus of Functions of One Variable I H4
MATH 232Calculus of Functions of One Variable II H4
MATH 233Calculus of Functions of Several Variables H4
STOR 155Introduction to Data Models and Inference3
Select two of the following: 6
Introduction to Programming H
Introduction to Scientific Programming
Linear Algebra for Applications
Discrete Mathematics H
Introduction to Optimization
Introduction to Probability
Total Hours53
H

Honors version available. An honors course fulfills the same requirements as the nonhonors version of that course. Enrollment and GPA restrictions may apply.

 

Sample Plan of Study

Sample plans can be used as a guide to identify the courses required to complete the major and other requirements needed for degree completion within the expected eight semesters. The actual degree plan may differ depending on the course of study selected (second major, minor, etc.). Students should meet with their academic advisor to create a degree plan that is specific and unique to their interests. The sample plans represented in this catalog are intended for first-year students entering UNC–Chapel Hill in the fall term. Some courses may not be offered every term.

Plan of Study Grid
First Year
Fall SemesterHours
ECON 101 Introduction to Economics H 4
MATH 231 Calculus of Functions of One Variable I H 4
Hours 8
Spring Semester
STOR 155 Introduction to Data Models and Inference 3
MATH 232 Calculus of Functions of One Variable II H 4
Hours 7
Sophomore Year
Fall Semester
ECON 410 Intermediate Theory: Price and Distribution H 4
MATH 233 Calculus of Functions of Several Variables H 4
Hours 8
Spring Semester
ECON 400 Introduction to Statistics and Econometrics H 3
ECON 420 Intermediate Theory: Money, Income, and Employment H 3
Hours 6
Junior Year
Fall Semester
ECON 470 Econometrics H 3
ECON ---Economics elective course 1 3
Hours 6
Spring Semester
ECON ---Economics elective course 1 3
Non-ECON elective course 3
Hours 6
Senior Year
Fall Semester
ECON ---Economics electives course 1 3
Non-ECON elective course 3
Hours 6
Spring Semester
ECON ---Economics elective course 1 3
ECON ---Economics elective course 1 3
Hours 6
Total Hours 53
H

Honors version available. An honors course fulfills the same requirements as the nonhonors version of that course. Enrollment and GPA restrictions may apply.

See the program page here for special opportunities.