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Major / Minor Requirements

Carthage offers a major and minor in economics and a major in international political economy. 

Current students: You should follow the official College Catalog from the year you entered Carthage and work with your advisors and the department chair to ensure all requirements are met.

The Economics Major (44 credits)

What to expect:

Two introductory courses — Principles of Microeconomics and Principles of Macroeconomics — engage students in economic thinking and demonstrate how economic thinking can be applied to a variety of issues. Intermediate courses in theory and quantitative methods reinforce and refine economic principles. Breadth in the major is achieved through upper-level electives that emphasize contextual inquiry and active learning. Elective work will often include student internships in economics and foreign study tours offered by faculty.

As the capstone to their work in the major, students complete the Senior Seminar in Economics and a Senior Thesis. The seminar includes a survey of the history of economic thought. The thesis must be approved by a faculty advisor and presented to department faculty and students.

First or Second Year:

ECN 1010 Principles of Microeconomics (4 credits)
ECN 1020 Principles of Macroeconomics (4 credits)
ECN 1030 Issues in Economics (4 credits)

Second or Third Year:

ECN 2510 Intermediate Microeconomics (4 credits)
ECN 2520 Intermediate Macroeconomics (4 credits)
BUS/ECN 2340 Applied Statistics for Management and Economics (4 credits)
ECN 3310 History of Economic Thought (4 credits)
ECN 3340 Introduction to Econometrics (4 credits)

Third or Fourth Year:

Take three or four electives in economics from courses 2500 or above. Note: Students who have taken ECN 1010 and ECN 1020 may meet this diversity requirement by taking only three elective courses; students who have taken only ECN 1030 are required to take four elective courses.

Fourth Year:

ECN 4410 Senior Seminar in Economics (4 credits)
ECN 4990 Senior Thesis Completion (0 credits)

The Economics Minor (24 credits)

Introductory Courses:

ECN 1010 Principles of Microeconomics (4 credits)
ECN 1020 Principles of Macroeconomics (4 credits) 
ECN 1030 Issues in Economics (4 credits)

Intermediate Courses:

BUS/ECN 2340 Applied Statistics for Management and Economics (4 credits)
ECN 2510 Intermediate Microeconomics (4 credits)
ECN 2520 Intermediate Macroeconomics (4 credits)

Note: Students who have taken ECN 1010 and ECN 1020 may take only one of the intermediate level courses; students who have taken only ECN 1030 are required to take both intermediate level courses.


Students must take two field electives in economics from courses 2500 or above.

Honors in the Major

Please see department chair for details. Basic requirements are listed under All-College Programs in the catalog.

Current students, remember: You should follow the official College Catalog from the year you entered Carthage and work with your advisors and the department chair to ensure all requirements are met.

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