Major in Economics

by Colorado State University Claim Listing

The economics major requires 33 credits (11 courses), plus the completion of a second major or a minor. We encourage you to choose a secondary program that will complement your interests in economics and future goals. A degree in economics requires an understanding of some mathematics and statistics

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Course Details

The economics major requires 33 credits (11 courses), plus the completion of a second major or a minor. We encourage you to choose a secondary program that will complement your interests in economics and future goals. A degree in economics requires an understanding of some mathematics and statistics.

Explore Your Interests with a Track
You can select from six tracks, which are electives grouped around an area of study. While a track isn’t required and won’t appear on your transcript, it is helpful for developing an area of specialty within your economics degree.

Environmental Economics

Picture Your Future: Environmental economics is often taken up by those who want to help manage and protect our natural world. You might see yourself:

  • Working for a government agency, like the EPA or U.S. Department of Agriculture.
  • Consulting for a global organization, like the United Nations.
  • Advocating for climate change and environmental policy.

What It Is: Apply principles of economics to the study of how environmental and natural resources are managed. Economics can help us understand why environmental degradation occurs and how we can protect our environment. Particular attention is paid to climate change economics and policy options (e.g., carbon pricing) that can be implemented to slow the rate of global warming.

Central Topics:

  • Sustainable development
  • Climate change
  • Water scarcity
  • Land and agriculture
  • Minerals and energy
  • Fish and oceans
  • Forests, wildlife, and biodiversity
  • Water and air pollution

Courses:

  • ECON 240 Issues in Environmental Economics
  • ECON 340 Introduction to Economics of Natural Resources
  • ECON 381 Environmental and Climate Change Economics

Complementary Minors:

  • Natural Resource Management
  • Human Dimensions of Natural Resources
  • Global Environmental Sustainability

International / Development Economics
Picture Your Future: International/Development economics is often taken up by those who want to make the world a better place. With these courses, you might see yourself:

  • Working for an international nonprofit or consulting firm.
  • Working for a multilateral institution such as the World Bank, IMF, or United Nations.
  • Joining the Peace Corps.
  • Working for a multinational business.
  • Going to graduate school.

What It Is: The International/Development track is designed around global economic issues including how countries sustain improvements in peoples’ lives. Explore causes of poverty and inequality, determinants of growth, development and structural change, the role of the colonial legacy, and contemporary trends of globalization in determining the global division of labor, trade relations and financial flows between rich and poor countries, gender inequality, and the impacts of climate change and environmental problems.

Central Topics:

  • Economic growth
  • Development
  • Technological change
  • Poverty and inequality in the Global South
  • International trade, capital flows, and development policy
  • Climate change and environmental problems

Courses:

  • ECON 440 Economics of International Trade and Policy
  • ECON 442 Economics of International Finance and Policy
  • ECON 460 Economic Development

Complementary Minors:

  • International Studies
  • Languages, Literatures, and Cultures (LLC)
  • Political Science
  • Sociology
  • International Business

Political Economy
Picture Your Future: Many scholars are drawn to political economy to prepare for careers and futures with social and economic impact. You might see yourself:

  • Working for a political campaign.
  • Designing or informing public policy.
  • Pursuing a graduate program in economics, politics, law, or business.

What It Is: Political economy is the study of economic power and justice, connecting both politics and economics. Delve into the history of economic institutions and thought, and evaluate contrasting economic theories. These courses will challenge you to consider a variety of economic perspectives and to think critically about context and culture in economics.

Central Topics:

  • Power and inequality
  • Economic history
  • Gender and work
  • Economic theory
  • International economy

Courses: Every economics major and minor is required to take a course in political economy. The track gives you the opportunity go above the requirement and take four political economy courses.

  • ECON 332 International Political Economy
  • ECON 372 History of Economic Institutions and Thought
  • ECON 376 Marxist Economic Thought
  • ECON 379 Economic History of the United States
  • ECON 474 Recent Economic Thought

Complementary Minors:

  • Political Science
  • International Studies
  • History
  • Women and Gender Studies
  • Ethnic Studies
  • Communications Studies
  • Philosophy

Public Policy Economics
Picture Your Future: With an interest in and understanding of public policy issues, you might see yourself:

  • Working in government.
  • Pursuing a master’s in Public Policy or Public Administration.
  • Going to law school.
  • Working for a nonpartisan organization like the Bell Policy Center.

What It Is: Choose from a broad selection of courses that relate to government decision-making with an economic focus. Topics include health, immigration, education, tax policy, and the welfare state, and research can often be used to advise policymakers at various levels of government. Courses and research often overlap with other applied fields making this track a natural complement to many other areas of study.

Central Topics:

  • Health economics
  • Immigration
  • Education
  • Tax policy
  • The welfare state

Courses: In the public policy track, you would choose three of these courses (totaling 9 credits).

  • ECON 315 Money and Banking
  • ECON 320 Economics of Public Finance
  • ECON 325 Health Economics
  • ECON 327 Law and Economics
  • ECON 404 Macroeconomic Policy
  • ECON 463 Regional Economics

Complementary Minors:

  • Political Science
  • Communication Studies
  • Spanish (Language, Literature, and Cultures)
  • Business Administration
  • Legal Studies

Quantitative Economics

  • Picture Your Future: The quantitative track is strongly recommended if you might want to pursue a master’s or Ph.D. in economics. Graduate training in economics is highly mathematical and empirical with a core element focused on advanced econometrics. This track is also a great choice if you simply want to strengthen your quantitative skills for a variety of jobs.

What It Is: The quantitative track is designed to strengthen your mathematical and statistical skills. You will learn how to construct and test economic models with real-world applications.

Central Topics:

  • Econometric models
  • Forecasting
  • Working with data in Excel
  • Statistics software (e.g., Gretl and STATA)

Courses: This track gives students an opportunity to go above the ECON 335 requirement to take three more quantitative courses (totaling 9 credits). *Graduate level courses recommended only for advanced students.

  • ECON 235 Working with Data
  • ECON 435 Intermediate Econometrics
  • ECON 501 Quantitative Methods for Economists
  • ECON 535 Applied Econometrics

Complementary Minors:

  • Mathematics
  • Statistics
  • Computer Science
  • Data Science

Economics of Race, Class, & Gender

Picture Your Future: A track of race, class, and gender is often taken up by those who have an interest in social justice work. You might see yourself:

  • Working for a women’s or civil rights organization.
  • Consulting for a global organization, such as UN Women.
  • Working for a policy research firm.
  • Going to graduate school.

What It Is: The race, class, and gender track involves a study of economics with a focus on gender disparity, racial and ethnic disparities, poverty, and policy. Take an interdisciplinary approach to examining ways in which gender, race, and ethnicity, as culturally defined concepts, affect the economy, as well as how the economy affects people differently. Investigate disparities in socioeconomic indicators such as education, labor market outcomes, housing, and wealth.

Central Topics:

  • Social constructions of race and gender
  • Feminist economics
  • Stratification and discrimination
  • Economies of care

Courses:

  • ECON 211 Gender in the Economy
  • ECON 212 Racial Inequality and Discrimination
  • ECON 310 Poverty and the Welfare State
  • ECON 317 Population Economics
  • ECON 410 Labor Economics

Complementary Minors:

  • Women and Gender Studies
  • Ethnic Studies
  • Sociology
  • Anthropology
  • Political Science
  • Communication Studies

Minor in Economics

  • The minor in economics is a 21-credit program that provides training in economic analysis and examination of pressing social issues, making it a natural complement to many programs of study within the liberal arts, natural sciences, business, and engineering.
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