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Dec 30, 2024
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Course Catalog 2024-2025
Economics Major
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The major consists of a minimum of 12 full courses (or the equivalent).
Note: Students must earn minimum grades of C- or P for all courses that apply toward the major.
 View the catalog page for the economics department.
A major in economics provides the first stage for those interested in graduate work in economics, public policy, or business. It also offers a good background for careers in law, business, finance, journalism, government, and international affairs, teaching, industrial relations, and public service.
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Summary of Requirements: Economics Major
Note(s) on Requirements
- Due to the high level of overlap between the requirements, students who major in economics (with or without a mathematical economics concentration) may not also major in financial economics.
- For students majoring in economics (with or without a mathematical economics concentration) as well as minoring in finance,
- ECON 241 must count to the finance minor and cannot count to the economics major; and
- ECON 341 and ECON 342 may count to either the economics major or the finance minor, but may not be counted toward both.
Summary of Requirements: Economics Major with a Mathematical Economics Concentration
Note(s) on Requirements
- Due to the high level of overlap between the requirements, students who major in economics (with or without a mathematical economics concentration) may not also major in financial economics.
- For students majoring in economics (with or without a mathematical economics concentration) as well as minoring in finance,
- ECON 241 must count to the finance minor and cannot count to the economics major; and
- ECON 341 and ECON 342 may count to either the economics major or the finance minor, but may not be counted toward both.
Transfer of Credit Toward the Major
The awarding of transfer credit is at the discretion of the department chair. Students majoring in economics must take at least two of the economics core courses at Oberlin. Students should obtain preliminary approval of transfer credit in economics from the department chair prior to taking economics courses elsewhere if they want them to count toward the major. Course of Study
Students majoring in economics either complete the standard program, or choose to complete the major with a mathematics concentration. Course Sequence Suggestions
It is recommended that potential majors take ECON 101 in their first year, although it is possible to complete the major requirements even if ECON 101 is taken as late as the second semester of the sophomore year. We strongly recommend that potential majors take an applied economics course (courses numbered ECON 201-250), a calculus course, and a statistics course by the end of their sophomore year. We also recommend completing the economics core courses requirement by the end of the sophomore year. The remaining core courses should be completed no later than the end of the junior year. Prerequisites to Note
- ECON 101 is a prerequisite for all further study in the department.
- The content of Calculus I is a prerequisite for almost all economics courses numbered 250 or higher, including ECON 253 . This may be satisfied through:
- ECON 253 and STAT 113 are prerequisites for ECON 255 .
Preparation for Post-Graduate Pursuits
Students planning graduate work in economics, public policy, or business are strongly encouraged to take as much work in mathematics as can reasonably fit into their schedules. A one-year sequence in calculus (MATH 133 and MATH 134 ) as well as ECON 255 should be considered minimal preparation for graduate study in business or public policy. Students who plan to enter business directly after graduation also will find these courses desirable. Students considering graduate programs in economics are strongly encouraged to complete the mathematical economics concentration. Honors in Economics
The department puts special emphasis on the Honors Program in Economics and ordinarily invites up to a quarter of its senior majors to participate. Invitations are extended toward the end of the junior year on the basis of general academic standing and work in the department up to that time. Interested students should consult with a member of the department. Students wishing to qualify for admission to the honors program must take ECON 251 , ECON 253 , and ECON 255 before the senior year. Detailed Major Requirements
Economics Major Course Lists
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