Major

Economic Majors have diverse interests. To provide guidance, we have grouped courses into Focus Areas: Behavioral & Experimental, Finance, International & Development, Government Policy Analysis, Quantitative Methods, Business Strategy and Regulation. Students can focus on a specific area or take a range of courses to meet the following requirements for a Bachelor of Arts in Economics (80 units).

Core Economics Courses (30 units)

The Department encourages students to complete the core courses before undertaking the upper division courses, and if possible by the end of the sophomore year.

  1. Econ 1 (5 units). This is the only Econ core course that may be double-counted.
     
  2. Econ 102A (5 units): it is recommended that students satisfy this basic statistics requirement before proceeding with the rest of the program. Prerequisite: Math 20 or equivalent. Please note: results from the Math Department placement diagnostic exam cannot serve as a substitute for completion of the math prerequisite.
     
  3. Econ 50 (5 units): basic price theory. Prerequisite: Econ 1 and Math 51 (or CME 100 or CME100A). 
     
  4. Econ 51 (5 units): intermediate micro. Prerequisites: Econ 50.
     
  5. Econ 52 (5 units): intermediate macro. Prerequisites: Econ 50.
     
  6. Econ 102B (5 units): econometrics. Prerequisites: Economics 102A.

The material in Econ 102B is used in a number of field courses. Students are advised to take Econ 102B early in their program.

Field Courses (must be taken at Stanford in California) (25 units)
Econ 102C Advanced Topics in Econometrics
Econ 102D Econometric Methods for Public Policy Analysis and Business Decision-Making
Econ 111 Money and Banking
Econ 112 Financial Markets and Institutions: Recent Developments
Econ 118 Development Economics
Econ 125 Economic Development, Microfinance, and Social Networks
Econ 126 Economics of Health and Medical Care
Econ 135* Finance for Non-MBAs
Econ 136  Market Design 
Econ 137 Decision Modeling & Information
Econ 140* Financial Economics-5 units 
Econ 144 Family and Society
Econ 146 Economics of Education
Econ 147 The Economics of Labor Markets
Econ 149 The Modern Firm in Theory and Practice
Econ 155 Environmental Economics and Policy
Econ 157 Imperfect Competition
Econ 158 Regulatory Economics
Econ 160 (or 180)** Game Theory and Economic Applications (Honors Game Theory)
Econ 165 International Finance
Econ 166 International Trade
Econ 178 Behavioral Economics
Econ 179 Experimental Economics
Econ 198/199D Junior Honors Seminar / Honors Thesis Research

* Students may not count units from both Econ 140 and Econ 135 towards their major as the courses are too similar in content.

**Students may count toward the econ field course requirement either Econ 160 or 180. The second may count as an elective.

Electives (20 units)

Choose from any Econ courses taken for a letter grade.  Up to 10 units of this requirement may be fulfilled by upper division math, statistics and computer science courses. Approved courses: MATH 113, 114, 115, 118, 120, 136, 151, 161, 171, 172, 175 and STATS 200, 202, 206, 207, 208, 209, 209A, 217, 218, 219, 221, 222, 237, 240, 315B and CS 161, 221, 224M, 227B, 228, 229, ACCT 152 and GSBGEN 336.

  • A maximum of 10 units of transfer credit or Econ 139D: Directed Reading or approved BOSP/SIW courses may be taken as electives.
  • Suitable transfer credit must be approved in writing by the Director of Undergraduate Studies.
  • Students may only count Econ 135 or 140 toward major requirements because they are very similar.
  • Students may only count Econ 143 or 148 toward major requirements because they are very similar.
  • Students may count only Econ 160 or 180 toward field requirements, the other may be counted toward elective requirements.
  • Advanced undergraduate majors with strong quantitative preparation may enroll in graduate (200-level) courses with the permission of the Director of Undergraduate Studies and the course instructor.
  • The department does not give credit for internships. Thus Econ 139D: Directed Reading, cannot be used to obtain credit for internships.

 

Writing in the Major Course (WIM must be taken at Stanford in California) (5 units)

Econ 101 (5 units). This course fulfills the Writing in the Major requirement. Any WIM course for Economics may be taken only after completing Econ 51, 52, 102B and at least two field courses.

Econ Common Syllabus

The Economics Common Syllabus explains econ course management policies.

Other Requirements
  • At least 55 of the 80 units required for the major must be taken at Stanford in California.
     
  • No courses receiving Department of Economics credit under the preceding requirements may be taken CR/NC.
  • Math 51 (or CME 100 or CME100A) is a prerequisite for an Economics degree.
  • Students scoring a 5 on both the advanced placement (AP) microeconomics and macroeconomics tests or a score of 7 on International Baccalaureate (IB) higher level economics test may petition the Director of Undergraduate Studies to have the ECON 1 course requirement waived.  Students do not receive units credit for placing out of ECON 1.
     
  • A grade point average (GPA) of C= (2.0) or better must be received for all units applied toward the Major.
     
  • To use transfer credit in partial satisfaction of the requirements, the student must obtain written consent from the department's Director of Undergraduate Study, who will establish the amount of credit to be granted toward the department requirements.
     
  • The maximum time limit for satisfactory completion of a course is one year from the date a grade of incomplete ("I") is given. Instructors may require that a course is completed anytime up to the one-year time limit. Students are responsible for seeing that all grades of incomplete are cleared within the time limit. The university's rule is that a grade of incomplete that is not cleared within the time limit becomes a grade of NP.
     
  • Students must complete their declaration of the major no later than the last day of the quarter, one quarter before anticipated degree conferral.
Information Book for Econ Majors

You are encouraged to read the Information Book for Econ Majors for detailed information about the program.