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Nov 21, 2024
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2024-2025 Undergraduate Catalog
Economics, B.S.
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 Return to: Programs of Study
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Program Description
Economics majors choose from a B.A., B.S. or B.B.A. degree. The B.A. and B.S. degrees are traditional liberal arts degrees that lead to a variety of career and graduate school options; the B.B.A. is designed to prepare students for careers in business.
The minimum requirement for a B.S. degree in economics is 36 credit hours of economics including 21 credit hours of core courses and 15 credit hours of electives. It is also necessary for the student to complete the quantitative and scientific literacy requirements for a B.S. degree as well as complete the General Education program.
Admission and Retention Requirements
College of Business Progression Standards
Any student admitted to JMU can declare any major offered by the College of Business . However, students must make satisfactory progress in order to be formally admitted into the College of Business . Requirements to continue pursuing a B.B.A. degree, often referred to as progression standards or formal admission, can be found on the College of Business catalog page.
Degree and Major Requirements
| Degree and Major Requirements |
Credit Hours |
| General Education 1 |
41 |
| Quantitative requirement 2 |
3 |
| Scientific Literacy requirement 2 |
3-4 |
Major requirements (listed below) and electives
Total
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72-73
120
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Footnotes
1 The General Education program contains a set of requirements each student must fulfill. Some credits may be fulfilled by courses required within the major.
2 In addition to course work taken to fulfill General Education requirements.
Major Requirements
Required Economics, B.S. Courses
Footnotes
1 Students need a grade of “C” or better in ECON 200 , ECON 201 , and ECON 284 as a prerequisite for advanced economics courses.
2 Students may substitute COB 291 for ECON 284 .
3 Students need to complete ECON 331 , ECON 332 , and ECON 385 with a grade of “C” or better to graduate with an Economics degree.
4 Students must complete ECON 385 with a grade of “B-” or better in order to choose ECON 483 or ECON 485 as an elective option.
Major Requirements Total: 36 Credit Hours
Additional Required Courses
Economics Concentrations
The B.B.A. degree in economics includes 18 credit hours of core courses. The B.A. and B.S. degrees in economics include 21 credit hours of core courses.
Concentration in Environmental and Natural Resource Economics
Students who elect a major in Economics with a concentration in Environmental and Natural Resource Economics are required to meet degree requirements and complete the following Economics courses (which can also be used to satisfy degree requirements) as well as the classes specified in either Option A or Option B. Economics Required Core Courses: 18-21 Credit Hours
Environmental and Natural Resource Economics Concentration Courses: 7 Credit Hours
Electives: 9 Credit Hours
- One 200- or 300-level economics elective 3.00 Credit Hours
- Two 400-level economics elective 6.00 Credit Hours
Total: 34-37 Credit Hours
Option A or Option B
In addition, students must choose Option A or Option B. Option A: 12 Credit Hours
For students with an interest in environmental sustainability as it applies to forests, fisheries and wildlife. Choose one of the following: 4 Credit Hours
Serves as the prerequisite to BIO 250 /BIO 250L . Total: 46-49 Credit Hours
Option B: 9-11 Credit Hours
For students interested in global climate change and environmental sustainability (including traditional approaches to pollution prevention and control). Choose one of the following: 3-4 Credit Hours
Choose two of the following: 6-7 Credit Hours
Total: 43-48 Credit Hours
Concentration in Financial Economics Required Courses
Students who elect a major in Economics with a concentration in Financial Economics are required to meet Economics degree requirements and complete the following courses (which can also be used to satisfy degree requirements). Economics Required Core Courses: 18-21 Credit Hours
Financial Economics Concentration Courses: 18 Credit Hours
Elective: 3 Credit Hours
- Economics elective (400 level, not including ECON 490 , ECON 499A ) 3.00 Credit Hours
Total: 36-39 Credit Hours
Concentration in International and Development Economics
Students who elect a major in Economics with a concentration in International Economics are required to meet degree requirements and complete the courses listed below (which can also be used to satisfy degree requirements). In addition, students completing this course of study must have a genuine international experience (such as an internship or semester abroad) and must complete a foreign language through the civilization course, including all of the prerequisites for that course. Economics Required Core Courses: 18-21 Credit Hours
International and Development Economics Concentration Courses: 12 Credit Hours
Two 400-level economics electives: 6 Credit Hours
Total: 36-39 Credit Hours
Additional Information
In addition, students completing this course of study must have a genuine international experience (such as an internship or semester abroad) and must complete a foreign language through the civilization course, including all of the prerequisites for that course. Concentration in Political Economy
Students who elect a major in Economics with a concentration in political economy are required to meet degree requirements and complete four of the following courses (which can also be used to satisfy degree requirements). Economics Required Core Courses: 18-21 Credit Hours
Political Economics Concentration Courses
Choose four of the following: 12 Credit Hours
Two 400-level economics electives: 0-6 Credit Hours
ECON 405 , ECON 426 and/or ECON 455 also fulfill this 400-level elective requirement if taken to satisfy the 12 credit hour concentration requirement. Total: 30-39 Credit Hours
Concentration in Quantitative Economics
Students who elect a major in Economics with a concentration in Quantitative Economics are required to meet degree requirements and complete three of the following courses (which can also be used to satisfy degree requirements). Economics Required Core Courses: 18-21 Credit Hours
Choose three of the following four options: 9 Credit Hours
One 300- or 400-level economics elective: 3 Credit Hours
Total: 30-33 Credit Hours
Concentration in Socioeconomics
Students who elect a major in Economics with a concentration in Socioeconomics are required to meet Economics degree requirements and complete the following courses (which can also be used to satisfy degree requirements). Economics Required Core Courses: 18-21 Credit Hours
Choose four of the following: 12 Credit Hours
Two 400-level economics electives: 6 Credit Hours
Total: 36-39 Credit Hours
Recommended Schedule for Majors
First Two Years
During the first two years, students should complete:
Choose one of the following:
Additional Information
Students are encouraged to take ECON 331 and/or ECON 332 in their sophomore year (provided that the course prerequisites have been met).
Third and Fourth Years
B.S. economics majors should complete ECON 331 , ECON 332 , and preferably ECON 385 by the end of their junior year. While most majors will complete the 400-level requirements in economics during their senior year, students may take a 400-level course during their junior year if the prerequisite for the course has been met. ECON 488 should be taken during the senior year.
Program Total: 120 Credit Hours
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