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    Economics Major

    Bert W. Wasserman Department of Economics and Finance

    All levels of government, as well as international organizations, nonprofit organizations, industrial corporations, and financial institutions, such as banks and brokerage houses, hire economists to do economic analyses and planning. Economists perform economic analyses of various markets, execute pricing studies, determine the effects that government policies have on their businesses, and analyze the implications of international economic events.

    A BA degree with a major in economics deals with concepts, techniques, and cases in economics that acquaint the student with the general economic problems of modern society. This degree provides students with an excellent general background for a wide range of challenging business careers.

    There are several prerequisites for the major. The major itself includes three required economics courses (9 credits) and five electives (15 credits) chosen from the Department of Economics and Finance, the Marxe School of Public and International Affairs, and several departments within the Weissman School of Arts and Sciences.

    Students are expected to complete the major requirements in place at the time they are officially accepted into their programs. Please review the College Bulletin for the relevant academic year.

    Requirements for the Major

    (Not Credited to the Major) 

    Business Courses      (15 credits)

    BUS 1000

    Introduction to Business

    3 credits

    or

    BUS 2000 (formerly BUS 1011)

    Business Fundamentals: The Contemporary Business Landscape

    3 credits

    CIS 2200

    Introduction to Information Systems and Technologies

    3 credits

    ECO 1001

    Micro-Economics

    3 credits

    ECO 1002

    Macro-Economics

    3 credits

    STA 2000

    Business Statistics I *

    3 credits

     

    Mathematics      (3-4 credits) **

    MTH 2001

    Pre-Calculus

    3 credits

    or

    MTH 2002

    Precalculus with Corequisite Support (or MTH 2002T)

    3 credits
    or

    MTH 2003

    Precalculus and Elements of Calculus 1A

    3 credits

    or

    MTH 2009

    Precalculus (or MTH 2009T)

    3 credits

    or

    A more advanced calculus course

    3-4  credits

    NOTES:

    *  PSY 2100 (previously STA 2100) is not applicable to the major.

    ** Students with credit for MTH 2000 or MTH 2100 must complete a calculus course – either MTH 2600 or MTH 2610. 

    The three required courses build on the foundations of the introductory micro- and macro-economics courses,  ECO 1001 and ECO 1002. Economics majors should plan on taking all three of the required courses, especially ECO 4000, as early in their major program as possible.

    ECO 3100

    Intermediate Micro-Economics

    3 credits

    ECO 3200

    Intermediate Macro-Economics

    3 credits

    ECO 4000

    Statistical Analysis for Economics and Finance

    3 credits

    PLEASE NOTE:

    • Six (6) of the major’s elective credits must be 4000-level ECO courses
    • At least one of the 4000-level ECO courses must be a 3-credit communication-intensive (CIC) capstone course.
    • With the exception of ECO 4000, ECO 4091 (1 credit), ECO 4092 (2 credits), ECO 4093 (3 credits), ECO 4094 (1.5 credits), and ECO 4150, all 4000-economics level courses are CIC.  ECO 4093 (the 3-credit special topics course) may be communication-intensive, depending on the course material. Students are required to check CUNYfirst section descriptions to determine any given topic’s CIC status.
    The elective courses for BA in Economics should be chosen from the list below:

    Any 3000 or 4000 level ECO course

    1-3 credits each

    BLS 3015

    Black Economic Development: 1860 to the Present

    3 credits

    BLS 3016

    Urban Economic Structure (LTS 3016)

    3 credits

    HIS 3410

    History of American Business Enterprise

    3 credits

    PAF 3102

    Economic Analysis of Public Policy

    3 credits

    PAF 3103

    Economics of the Public Sector

    3 credits

    PHI 3050

    Ethics, Economics, and the Business System

    3 credits

    POL 3103

    Political Economy

    3 credits

    POL 3315

    Government and the American Economy

    3 credits

    Requirements for the Major – Effective Fall 2027

    Successful completion of all program prerequisites is required for admission to the major and enrollment into 3000-level and above economics (ECO) courses. Students who are in the process of completing their program prerequisites may enroll in major elective courses offered by the Weissman School of Arts and Sciences and the Marxe School of International and Public Affairs.

    Business Courses (9 credits)

    These courses have the following as prerequisites:
    completion of precalculus, calculus, or a 3000-level or above course in mathematics; or placement of calculus (MTH 2207, MTH 2600, or MTH 2610)

    ECO 1001

    Micro-Economics

    3 credits

    ECO 1002

    Macro-Economics

    3 credits

    STA 2000

    Business Statistics I *

    3 credits

    * PSY 2100 (previously STA 2100), BIO 2100, and ENV 2100 are not applicable to the major.

     

    Mathematics Courses (4-9 credits)

    One calculus course is required. Students begin the math sequence based on their placement.

    College Algebra – if required per initial math placement:

    MTH 1023

    Intermediate and College Algebra

    2 credits

    or

    MTH 1030

    College Algebra

    2 credits

    AND

    Precalculus – if required per placement:

    MTH 2001

    Pre-Calculus

    3 credits

    or

    MTH 2002

    Precalculus with Corequisite Support (or MTH 2002T) 3 credits

    or

    MTH 2003

    Precalculus and Elements of Calculus IA

    3 credits

    or

    MTH 2009

    Precalculus (or MTH 2009T)

    3 credits

    AND

    Calculus

    MTH 2600

    Calculus I with Trigonometry Refresher

    4 credits

    or

    MTH 2610

    Calculus I

    4 credits

    The three required courses build on the foundations of the introductory micro- and macro-economics courses, ECO 1001 and ECO 1002. Economics majors should plan on taking all three of the required courses, especially ECO 4000 or ECO 4001, as early in their major program as possible.

    ECO 3100

    Intermediate Micro-Economics

    3 credits

    ECO 3200

    Intermediate Macro-Economics

    3 credits

    ECO 4000

    Statistical Analysis for Economics and Finance

    3 credits

    or

    ECO 4001

    Econometrics for Data Science

    (prerequisites: CIS 2300 or ECO 3630)

    3 credits

    At least Six (6) of the major’s elective credits must be 4000-level ECO courses.  

    The elective courses for BA in Economics should be chosen from the list below:

    ECO 3140

    Game Theory

    3 credits

    ECO 3220

    Money, Banking, and Monetary Policy

    3 credits

    ECO 3250

    International Economics and Finance

    3 credits

    ECO 3501

    Economics of Labor

    3 credits

    ECO 3630

    Data Science for Economics and Finance

    3 credits

    ECO 4007

    Market Design

    3 credits

    ECO 4010

    Applied Micro-Econometrics

    3 credits

    ECO 4051

    Financial Econometrics

    3 credits

    ECO 4093

    Special Topics in Economics

    3 credits

    ECO 4100

    Advanced Micro-Economics

    3 credits

    ECO 4120

    Behavioral Economics

    3 credits

    ECO 4150

    The Economics of International Trade

    3 credits

    ECO 4200

    Advanced Macro-Economics

    3 credits

    ECO 4201

    Monetary Economics

    3 credits

    BLS 3015

    Black Economic Development: 1860 to the Present

    3 credits

    HIS 3074

    From Silver to Cocaine: An Economic History of Latin America

    3 credits

    HIS 3410

    History of American Business Enterprise

    3 credits

    PAF 3102

    Economic Analysis of Public Policy

    3 credits

    PAF 3103

    Economics of the Public Sector

    3 credits

    PHI 3050

    Ethics, Economics, and the Business System

    3 credits

    POL 3103

    Political Economy

    3 credits

    POL 3315

    Government and the American Economy

    3 credits

    Upon completion of the BA in Economics major, students will be able:

    1. To apply economic analysis to evaluate problems they encounter in their daily lives.
    2. To apply economic analysis to evaluate government policies.
    3. To use empirical evidence to make an economic argument.
    4. To collect, analyze, and interpret economic data.
    5. To identify and solve problems.
    6. To develop deeper understanding of economic problems and their potential solutions based on specialized knowledge in specific areas of economics.
    7. To present economic arguments verbally or in written form.

    Contact

    • Students with questions about their eligibility to pursue the BA in Economics, or who have questions about their BA degree requirements should contact the Weissman Associate Dean’s Office.
    • Students wishing to discuss major elective course selection should contact the BA-Economics faculty advisor in the Department of Economics and Finance, Professor Larry Huckins.

    Weissman School of Arts and Sciences
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