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Substituting Economics Graduate Courses for Undergraduate Courses

Undergraduate majors satisfying the course prerequisites may, subject to the approval of the instructor and of the departmental undergraduate committee chair, substitute certain graduate courses for undergraduate courses. Only highly motivated students with excellent aptitudes for economics and a strong background in mathematics should consider making such substitutions. Typically, but not necessarily, such students will be majors in mathematical economic analysis. Permitted substitutions are as follows:
ECON 501 for ECON 370 (if student has completed ECON 211 at Rice)
ECON 502 for ECON 375
ECON 504 for ECON 382
ECON 510 for ECON 400
• Furthermore,  ECON 505 and  ECON 508 also may be taken by undergraduates and may be used toward satisfying MTEC requirements. Specifically, ECON 505 could be  used as one of the courses in the applied economics category or in the advanced analysis category, while ECON 508 could be used only in the advanced analysis category.

Note that this set of substitutable graduate courses includes six of the seven courses required during the first year of the PhD program at Rice. Accordingly, such advanced course work would be excellent preparation for graduate study in economics or in some related field such as finance. Taking such graduate courses also should open more opportunities for the student who will be seeking employment immediately after graduation.