Major in Economics

The major in Economics requires 36-37 units in Economics, completed with a grade equivalent of 2.00 or higher. (See the Suggested Course Four-Year Plan for Economics Majors.)

Transfer students must take a minimum of 15 units in economics at Towson University to qualify for an Economics major.

Required Courses (21-22 Units)
ECON 201MICROECONOMIC PRINCIPLES3
or ECON 203 HONORS MICROECONOMIC PRINCIPLES
ECON 202MACROECONOMIC PRINCIPLES3
or ECON 204 HONORS MACROECONOMIC PRINCIPLES
ECON 205STATISTICS FOR BUSINESS AND ECONOMICS I3
ECON 306STATISTICS FOR BUSINESS AND ECONOMICS II3
ECON 309INTERMEDIATE PRICE THEORY3
ECON 310MACROECONOMIC THEORY3
MATH 211CALCULUS FOR APPLICATIONS3-4
or MATH 273 CALCULUS I
Electives (15 Units)
Two 400-level ECON courses (excluding ECON 495 and ECON 497)6
Three upper-level ECON electives9
Only one ECON 497 will count toward the major.
The department allows any one of the following courses outside the department to count toward the major in satisfying electives:
ADVANCED CORPORATE FINANCE
MATHEMATICAL MODELS
Students interested in quantitative careers or graduate school in economics are advised to fulfill the Electives requirement of the major as follows:
Select three of the following:
INTRODUCTION TO ECONOMETRICS
INTRODUCTION TO GAME THEORY
COMPUTATIONAL ECONOMICS
INTRODUCTION TO MATHEMATICAL ECONOMICS
Select two additional upper-level ECON electives.
Total Units36-37

SUGGESTED FOUR-YEAR PLAN

Students should consult with their advisers to make the most appropriate elective choices. Based on course availability and student needs and preferences, the selected sequences may vary from those presented below.

Freshman
Term 1UnitsTerm 2Units
ENGL 102 (Core 2)3TSEM 102 (Core 1)3
MATH 111 (or higher) (Core 3)3MATH 211 or 2733-4
Core 53Core 43
Core 103Core 123
ECON 201 or 203 (Core 6)3ECON 202 or 2043
 15 15-16
Sophomore
Term 1UnitsTerm 2Units
ECON 2053Core 93
Core 113Core 74
Core 133Core 143
Core 83-4ECON 3063
Elective3Elective3
 15-16 16
Junior
Term 1UnitsTerm 2Units
ECON 3093ECON 3103
Elective3ECON Elective3
Elective3ECON Elective3
Elective3Elective3
Elective3Elective3
 15 15
Senior
Term 1UnitsTerm 2Units
ECON Elective3ECON 400-level Elective3
ECON Elective3Elective3
Elective3Elective3
Elective3Elective3
Free Elective3Elective1-3
 15 13-15
Total Units 119-123

1. Knowledge of economic theories and concepts
2. Knowledge of real world economic institutions and actors
3. Skill in framing questions and gathering appropriate resources
4. Skill in problem solving and analysis
5. Skill in communication