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Degree Requirements for the Major in Economics: Students Matriculating in Fall 2010 or Thereafter

1. All economics majors must present a minimum of 12 courses with a grade point average of at least 2.0. When
students repeat courses or complete more than the minimally required number of courses, the departmental GPA
will be based on the set of courses that (i) satisfies all requirements for the degree and (ii) results in the highest
GPA for the student.

2. The 12 courses presented for the major in economics must include the following:

(a) 2 courses in mathematics and statistics:

  • MATH 101 Single Variable Calculus I or the combination of MATH 111 Fundamental Theorem of Calculus and  MATH 112 Calculus and Its Applications
  • STAT 280 Elementary Applied Statistics or (ECON 307/STAT 310 Probability and Statistics)

(b) 4 core courses in economics and econometrics:

  • ECON 201 Microeconomics I
  • ECON 301 Microeconomics II
  • ECON 303 Macroeconomics
  • ECON 309 Applied Econometrics or ECON 409 Econometrics

c) 6 electives selected from the following list (or an approved alternative). At least 3 of the chosen electives
must be at the 400 level.

           ECON 205 Introduction to Game Theory
           ECON 239 Business, Law, and Economics
           ECON 243 Corporate Finance
           ECON 284 Foundations of Public Sector Economics
           ECON 307 Probability and Statistics
           ECON 309 Applied Econometrics 
           ECON 348 Organizational Design
           ECON 355 Financial Markets 
           ECON 399 Independent Research
           
ECON 401 Mathematical Structure of Economic Theory
           
ECON 405 Game Theory and Economic Behavior
           
ECON 409 Econometrics
           
ECON 415 Labor Economics
           
ECON 420 International Economics
           
ECON 421 International Finance
           
ECON 435 Industrial Organization
           
ECON 436 Economics of Regulation
           
ECON 437 Energy Economics
           
ECON 439 Torts, Property, and Contracts
           
ECON 443 Financial Economics
           
ECON 445 Managerial Economics
           
ECON 447 Advanced Topics in Energy Economics
           
ECON 450 World Economic and Social Development
           
ECON 451 The Political Economy of Latin America
           ECON 452 Religion, Ethics, and Economics 
           ECON 455 Money and Financial Markets
           
ECON 460 International Development
           
ECON 461 Urban Economics
           
ECON 479 Economic Modeling and Public Policy
           
ECON 480 Environmental Economics
           
ECON 481 Health Economics
           
ECON 482 Social Welfare and Distributive Justice
           
ECON 483 Public Finance: Tax Policy
           
ECON 484 Public Goods and Public Expenditure Theory
           
ECON 485/486 Special Topics in Economics  

Transfer Credit
In some cases, transfer credit may be awarded for courses completed at other schools after the student has matriculated at Rice. Students may present a maximum of 3 such transfer courses in fulfilling item (2). (Additional transfer courses may count toward meeting university graduation requirements, but not toward fulfillment of requirements for the major.) Credits awarded to transfer students for courses taken prior to matriculation at Rice are not counted against the limit on transfer courses, but all students must complete more than half of their upper-level major work at Rice.  Transfer credit for ECON 201 will not be awarded for courses taken during high school. In order to receive transfer credit for ECON 201, students must earn a grade no lower than B- in an approved course at another university and also must pass a qualifying examination. Students wishing to take the ECON 201 qualifying examination should apply to the economics department office in Baker Hall 255. For additional information on transfer credits, consult “Procedures for Transfer Credit,” available on the economics department’s Web site at http://www.ruf.rice.edu/~econ/undergrad.html .