University Catalog 2023-2024

Economics (BA)

To see more about what you will learn in this program, visit the Learning Outcomes website!

The Bachelor of Arts in Economics (B.A.) is a broad and flexible program of study. The major course work for the B.A. in Economics includes courses in economic theory, mathematics and statistics as well as courses in advanced, applied economics. The program provides for substantial flexibility, so students may tailor their studies to their particular interests and long-term goals.

Both economics degrees require that students complete 120 credits towards the degree. All Economics majors are subject to the university and college's residency requirements. Additionally, students in the Economics majors (B.A. or B.S.) must earn at least 1/2 of their required economics (EC) credits while enrolled in the curriculum, and students must complete at least one-half of the required economics credit hours (EC courses) at NC State University.

Economics Department
Poole College of Management
4172 Nelson Hall
Raleigh, NC 27695
919.515.5565
Website

Denis Pelletier
Department Head and Professor
Department of Economics

Plan Requirements

Overall GPA for all courses attempted at NC State must be 2.0 or higher; and
Overall GPA for all EC and ECG courses attempted at NC State must be 2.0 or higher

Major Requirements
M 100Personal and Professional Identity Development1
MIE 201Introduction to Business Processes3
ACC 210Concepts of Financial Reporting3
EC 201Principles of Microeconomics3
or EC 205 Fundamentals of Economics
or ARE 201 Introduction to Agricultural & Resource Economics
EC 301Intermediate Microeconomics3
EC 302Intermediate Macroeconomics3
EC 351Econometrics I3
EC 490Research Seminar in Economics3
Business Analytics
BUS 340Information Systems Management3
BUS 351Predictive Analytics for Business3
Economics Electives
400/500 Level Econ Electives6
300/400/500 Level EC Electives6
Humanities and Social Sciences
Acad Writing and Research 14
Select one of the following:3
Public Speaking
Interpersonal Communication
Argumentation and Advocacy
GEP Social Sciences3
Select one of the following:3
Communication for Engineering and Technology
Communication for Business and Management
Communication for Science and Research
GEP Humanities6
GEP US Diversity, Equity, and Inclusion3
Mathematical and Natural Sciences
GEP Natural Sciences7
Select one of the following: 13
MA 131 or MA 141 are encouraged for students who qualify and aspire to take additional calculus. For students completing the MA 141/241/242 sequence, one credit hour of MA 141 will count as free elective credit, MA 241 will count as free elective credit and MA 242 will substitute for MA 114.
Elements of Calculus
Calculus for Life and Management Sciences A
Calculus I
MA 114Introduction to Finite Mathematics with Applications3
or MA 242 Calculus III
BUS/ST 350Economics and Business Statistics3
or ST 312 Introduction to Statistics II
or ST 370 Probability and Statistics for Engineers
or ST 372 Introduction to Statistical Inference and Regression
ST 307Introduction to Statistical Programming- SAS1
or ST 308 Introduction to Statistical Programming - R
Interdisciplinary Perspectives
GEP Interdisciplinary Perspectives2
Physical Education
GEP Health and Exercise Studies2
Corequisites
GEP Global Knowledge (verify requirement)
Advised Electives
Advised Electives 2,415
Free Electives
Free Electives (12 Hr S/U Lmt) 2,322
Total Hours120
1

C- or better

2

Students should consult their academic advisors to determine which courses fill this requirement.

3

Free Electives: (22 credits) Some courses will not count as free electives, such as FL 101 or 105 (in the language in which proficiency requirement is met), or MA 101, 101, 103, 105. (12 hours of free electives may be taken for credit only.)

4

Students are urged to discuss these courses with their adviser and to consider using these electives to pursue a minor. Chosen from any university course offerings except FL 101 or 105 (in the language in which proficiency requirement is met), or MA 101, 103, 105 or HES courses. Certain courses may not be taken in combination with other courses of similar content - see course catalog for instructions.

400/500 Level Econ Electives

ECG 5053
ECG 5063
ECG 5123
ECG 515Environmental and Resource Policy3
ECG 528Options and Derivatives Pricing3
ECG 530Topics in Labor Economics3
ECG 537Health Economics3
ECG 540Economic Development3
ECG 548International Economics3
ECG 561Applied Econometrics I3
ECG 562Applied Econometrics II3
ECG 563Applied Microeconometrics3
ECG 5803
ECG 590Special Economics Topics1-6
FIM 528Options and Derivatives Pricing3
MA 528Options and Derivatives Pricing3
MBA 528Options and Derivatives Pricing3
ST 561Applied Econometrics I3
Econ Electives II A
EC 404Money, Financial Markets, and the Economy3
EC 410Public Finance3
EC 413Industrial Organization3
EC 431Labor Economics3
EC 4373
EC 449International Finance3
EC 451Econometrics II3
EC 468Game Theory3
EC 474Economics of Financial Institutions and Markets3
EC 4803
EC 490Research Seminar in Economics3
EC 495Special Topics in Economics1-6
EC 498Independent Study in Economics1-6

300/400/500 Level EC Electives

Econ Electives I
ARE 336Introduction to Resource and Environmental Economics3
EC 336Introduction to Resource and Environmental Economics3
Econ Electives I A
ARE 336Introduction to Resource and Environmental Economics3
EC 305A Closer Look at Capitalism3
EC 336Introduction to Resource and Environmental Economics3
EC 348Introduction to International Economics3
EC 351Econometrics I3
Econ Electives II
ECG 5053
ECG 5063
ECG 5123
ECG 515Environmental and Resource Policy3
ECG 528Options and Derivatives Pricing3
ECG 530Topics in Labor Economics3
ECG 537Health Economics3
ECG 540Economic Development3
ECG 548International Economics3
ECG 561Applied Econometrics I3
ECG 562Applied Econometrics II3
ECG 563Applied Microeconometrics3
ECG 5803
ECG 590Special Economics Topics1-6
FIM 528Options and Derivatives Pricing3
MA 528Options and Derivatives Pricing3
MBA 528Options and Derivatives Pricing3
ST 561Applied Econometrics I3
Econ Electives II A
EC 404Money, Financial Markets, and the Economy3
EC 410Public Finance3
EC 413Industrial Organization3
EC 431Labor Economics3
EC 4373
EC 449International Finance3
EC 451Econometrics II3
EC 468Game Theory3
EC 474Economics of Financial Institutions and Markets3
EC 4803
EC 490Research Seminar in Economics3
EC 495Special Topics in Economics1-6
EC 498Independent Study in Economics1-6

Acad Writing and Research

Acad Writing Research
ENG 101Academic Writing and Research4
FLE 101Academic Writing and Research4
Transfer Sequence
ENG 202Disciplinary Perspectives in Writing3
ENG 1GEP3

Semester Sequence

This is a sample.

Plan of Study Grid
First Year
Fall SemesterHours
M 100 Personal and Professional Identity Development 1 1
ENG 101 Academic Writing and Research (or GEP Natural Sciences with Lab) 2,3 4
MA 121
Elements of Calculus
or Calculus for Life and Management Sciences A
or Calculus I
3
MIE 201 Introduction to Business Processes 3
GEP Health and Exercise Studies 1
Free Elective 3
 Hours15
Spring Semester
MA 114
Introduction to Finite Mathematics with Applications
or Calculus III
3
GEP Humanities 3
ENG 101 Academic Writing and Research (or GEP Natural Sciences with lab) 1 4
EC 201
Principles of Microeconomics 1
or Fundamentals of Economics
or Introduction to Agricultural & Resource Economics
3
ACC 210 Concepts of Financial Reporting 3
 Hours16
Second Year
Fall Semester
EC 301 Intermediate Microeconomics 3
COM 110
Public Speaking
or Interpersonal Communication
or Argumentation and Advocacy
3
ST 350 Economics and Business Statistics 3
BUS 340 Information Systems Management 3
GEP Interdisciplinary Perspectives 2
GEP Health and Exercise Studies 1
 Hours15
Spring Semester
EC 302 Intermediate Macroeconomics 3
EC 351 Econometrics I 3
BUS 351 Predictive Analytics for Business 3
GEP Humanities 3
GEP US Diversity, Equity, and Inclusion 3
ST 307
Introduction to Statistical Programming- SAS
or Introduction to Statistical Programming - R
1
 Hours16
Third Year
Fall Semester
Economics Elective 6
ENG 331
Communication for Engineering and Technology
or Communication for Business and Management
or Communication for Science and Research
3
Free Electives 6
 Hours15
Spring Semester
Economics Elective 3
GEP Social Sciences 17 3
Select two Advised Electives 6
Free Electives 3
 Hours15
Fourth Year
Fall Semester
Economics Elective 3
Select two Advised Electives 6
Free Elective 6
 Hours15
Spring Semester
EC 490 Research Seminar in Economics 3
Advised Elective 3
Free Electives 4
GEP Natural Sciences 3
 Hours13
 Total Hours120
1

Must be completed with "C-" or better.

GPA Graduation Requirements

  • Overall GPA for all courses attempted at NC State must be 2.0 or higher; and
  • Overall GPA for all EC and ECG courses attempted at NC State must be 2.0 or higher

Career Opportunities

An undergraduate degree in economics has long served as the foundation for advanced professional degrees in law and business, graduate study in economics, as well as jobs in business, industry and government.