Undergraduate Economics Major

 

Think like an economist to rethink what’s possible.

At Eller, you’ll be surrounded by groundbreaking experimental economics research that’s revered worldwide.

As an undergraduate interested in economics, what matters even more is our dedicated faculty, the real-life experiences available to you and the analytic skills you’ll gain. No matter if you go into government, education or business, the impact of your economics education will last a lifetime.

I use research examples to guide my undergraduate students through the processes of thinking like an economist.

Jessamyn Schaller, Assistant Professor of Economics 

Economics Major Overview

Economists study how scarce resources can be efficiently allocated to produce the maximum number of goods and services. Economists conduct research, collect and analyze data, monitor economic trends and develop forecasts. They apply economic theory to endeavors such as banking, finance, manufacturing, education, law, international trade, labor, insurance, agriculture, health, criminal justice, energy, natural resources and telecommunications.

The field of economics provides a framework for analyzing and solving problems that arise from scarcity. Public issues—inflation, unemployment, budget deficits and environmental pollution, for example—as well as individual and business decision-making, are examples of the economist's work.

The Economics (BA) major offers a lot of flexibility for students to explore other topics in addition to their major coursework.  This major requires four semesters of foreign language and a minor. The minor allows students to combine a specific area of interest with the broader study of Economics. Students have ample freedom to customize the Economics BA major, and obtaining a double degree is also possible. To begin upper division Economics classes students will apply for Advanced Standing.

The Eller College also offers a Business Economics (BSBA) major. Both majors will prepare you for careers including but not limited to consulting, banking, research, analytics, insurance, criminal justice, labor, energy, and health, as well as graduate school, including law school and further study in Economics (Masters or PhD). To be admitted to the Business Economics (BSBA) major, students go through the BSBA Professional Admission process. 

Economics Advising

Every Eller Economics student has an assigned advisor to help with the academic and career questions that come up as you study here. Get to know yours. 

Meet Elise Romero, the Economics Advisor

Department of Economics

The Eller Economics Department is a world-recognized pioneer in experimental and behavioral economics. And thanks to award-winning faculty, it’s a great place for undergraduates to learn about a field that matters more than ever.

Explore the Department of Economics


Economics Sample Coursework Plan

How your Eller Economics experience can play out:

This is only a sample plan and requirements are subject to change and may vary based on catalog year, placement tests, AP/CLEP credit, transfer work, summer school, etc. The official degree requirements are found in the University General Catalog and all University of Arizona students should refer to their Academic Advisement Report through UAccess for their specific requirements for graduation.

All students enter as Pre-Economics students, and must go through a selective Advanced Standing process to gain entry to the upper-division Economics courses.  The following plan is designed on the assumption that a student places into College Algebra with SAT/ACT scores or through the ALEKS Math Placement Exam; students who test lower than College Algebra should refer to the Pre-Economics Five-Semester Plan and work with their academic advisor to learn how they can adjust their schedule to meet their educational goals. 

Freshman Year

1st Semester
Course

Units

ENGL 101* First Year Composition  
MIS 111* Computers and Internetworked Society 
MIS 112* Computers and Internetworked Society Lab  
MATH 112 College Algebra Concepts and Applications 
Tier I General Education and/or Second Language  
    
Attend Eller Career Expo and UA Fall Career Days

3
3
1
3
3-7

Total

13-17    

2nd Semester
Course

Units

ENGL 102* First Year Composition  
Math 113 or MATH 116* Calculus Concepts for Business Majors (Grade of C or better required for students to be eligible to apply for Economics Major)
Tier I General Education  
Tier I General Education 
Second Language 
   
Attend Career Showcase and UA Spring Career Days 

3
3

3
3
4

Total

16

Summer

Use summer to catch up on math if behind in sequencing based on placement results prior to freshman year.

Sophomore Year

1st Semester
Course

Units

BNAD 276* Statistical Inference in Management 
ECON 200* Basic Economic Issues  
Tier I General Education  
Second Language
Minor Course
    
Attend Eller Career Expo and UA Fall Career Days

3
3
3
4
3

Total

16

2nd Semester
Course

Units

BCOM 212* Fundamentals of Communication  
Second Language 
Tier I General Education  
Tier 1 General Education
Minor Course
   
Attend Career Showcase and UA Spring Career Days. Apply for Advanced Standing.

3
4
3
3
3

Total

16

Summer
We highly recommend that students participate in a study abroad and career-related experience.

In order to take the following upper-division courses, students must be admitted to the major through a competitive and selective Advanced Standing process.

Junior Year

1st Semester
Course Units

ECON 361 Intermediate Microeconomics 
Economics Elective
Tier II General Education
Tier II General Education
Minor Course

Attend Eller Career Expo and UA Fall Career Days.





Total

15

2nd Semester
Course Units
ECON 332 Intermediate Macroeconomics  
Economics Elective
Tier II General Education
Minor Course
Elective
   
Attend Career Showcase and UA Spring Career Days.





 
Total 15
Summer
Use summer to gain career-related experience through internships, study abroad, or volunteering.

Senior Year

1st Semester
Course Units

Economics Elective (400 Level)
Economics Elective 
Minor Course
Elective
Elective

Attend Eller Career Expo and UA Fall Career Days.





Total

15

2nd Semester
Course Units
Economics Elective (400 Level)
Economics Elective (400 Level)
Economics Elective
Minor Course
   
Attend Career Showcase and UA Spring Career Days.




 
Total 12
Summer
Enjoy your summer and continue the job search if necessary!

Students can meet the Second Language requirement by demonstrating fourth semester proficiency through examination or taking any of a variety of second semester language courses. Additionally, one course in the student's degree program must focus on Gender, Race, Ethnicity, Non-Western Area Studies. Some General Education classes are designed to fulfill this requirement. Each student needs to meet a minimum of 120 total credits. Please consult with your Advisement Report and your Academic Advisor.

* Eller Pre-Economics Foundation Courses: Required to apply for Advanced Standing into the upper-division phase of the BA Economics program. Advanced Standing is required in order to take all 300 & 400-level Economics Courses.

Repeat Policy: Students are allowed to take major courses twice.  If a student fails an ECON major requirement (ex: ECON 200, ECON 332, ECON 361, etc) twice, the student will be required to change their major. Upon review at the end of a term, students who have not passed the course for a second time will be moved to No Major Selected. 


Economics Elective Course Options

There are more than 20 Economics elective courses available:

View All Undergraduate Economics Courses Including Electives


Economics Major Career Resources

Economics Careers

Your Economics degree can lead a wide range of careers—in government, education or business. Graduates go on to careers in consulting, banking, research and analytics, for example, while others continue to graduate school.

View Economics Career Possibilities

Meet the Accounting Career Coach

Eller students have a world of options in front of them—which is why a dedicated career coach is so valuable. Get counseling, professional development, and insight on internship and job opportunities awaiting you. 

Meet David Calabrese, the Economics Career Coach