An economics major, leading to a Bachelor of Arts (B.A.) degree in economics, consists of 32 credit hours of economics courses. Transfer students wishing to major in economics must take at least 16 of their 32 credit hours at Wayne State. Required courses that must be taken by an economics major include:
To receive the B.A. degree in economics, the student must have an overall GPA of 2.0 in economics courses.
Students must also pass MAT 1500 or 1800 prior to the junior year or demonstrate eligibility for MAT 2010 in the Mathematics Placement Examination. Grade point requirements and prerequisites for these courses are given below.
For course descriptions click here.
Other economics courses taken by an economics major are electives. Students must choose at least three courses from two or more of the following fields listed below. If a student wishes to take a 6000 level course, the consent of the Director of Undergraduate Studies is required.
ECO 5993 - Writing Intensive Requirement
An economics major is also required to complete a paper for zero credit in conjunction with a 5000 level economics course. The student must register for this course during the same semester that the 5000 level economics course is taken. Permission from the instructor is required. Must receive "S" (Satisfactory).
Economics majors with strong academic records and an interest in research are urged to apply to the Undergraduate Director for admission to the Honors Program in Economics.
Those who successfully complete these requirements and finish their undergraduate course work with an overall G.P.A. of 3.3 or above will graduate with the degree designation, "With Honors in Economics."
A minor in economics requires completion of MAT 1500 or 1800 or demonstrated eligibility for MAT 2010 in the Mathematics Placement Examination plus twenty credits of economics courses including ECO 2010 and ECO 2020. The additional twelve credits must be earned in ECO courses at the 5000-level or above. MAT 1500, 1800; ECO 2010, 2020 and (if included in the minor) ECO 5000, 5050, and 5100 must be passed with a grade of "C" or better. The twenty credits must have a cumulative grade point average of 2.0 or better. Transfer students wishing to minor in economics must take at least 12 of the 20 credit hours at Wayne State. These courses must include Principles of Economics (ECO 2010 and 2020), and three elective courses at the 5000 level or above. The minor complements fields in the behavioral sciences, as well as computer science, engineering, and pre-law disciplines.
The College of Liberal Arts and Sciences and the Department of Economics have established an accelerated combined undergraduate and graduate program (AGRADE) whereby qualified seniors may enroll simultaneously in some undergraduate and graduate programs of the College. A maximum of fifteen credit hours may be applied towards both undergraduate and graduate degrees in economics. Those who elect the AGRADE program may expect to complete the Bachelors and Masters degrees in five years of full-time study. For further information, go to the following web page.
To be eligible for membership in this honor society, candidates must have an overall University G.P.A. of 3.0 and have completed at least 12 credit hours in Economics with an G.P.A. of 3.0. Students must pay a nominal lifetime membership fee and will receive a scroll (suitable for framing), a membership card, and a one-year subscription (two issues) to the American Economist. The primary purpose of Omicron Delta Epsilon is to recognize scholastic achievement in economics. For further information about Omicron Delta Epsilon, contact the Academic Advisor in the Department of Economics and/or see their website.
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