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            Economics is a social science that studies the problems caused by 
            scarcity and how individuals, institutions, and societies may deal 
            with these problems. Economics shares common interests with business-oriented 
            disciplines such as finance and business administration. Economists 
            frequently require quantitative skills, such as calculus and statistics, 
            to derive economic principles that are useful in forming policies 
            designed to solve economic problems. 
              The major in economics requires course work in three areas. For 
              further information, see the Economics Bulletin available in the 
              office of undergraduate studies of the Department of Economics which 
              administers this major. 
            Major in Sciences and Letters Curriculum
            E-mail:econug@uiuc.edu 
             
             Degree title: Bachelor of Arts in Liberal Arts and Sciences 
             Minimum required major and supporting course work normally equates 
              to 55-56 hours including a minimum of 24 hours of economics courses 
              excluding ECON 202, 203, 199, 398, and 399. 
             General education: The LAS General Education requirements are 
              set up so students automatically complete the Campus 
              General Education requirements. 
             Minimum hours required for graduation: 120 hours 
             Departmental distinction: A student must have a grade point average 
              of at least 3.25 overall and at least 3.5 in economics; complete 
              a research project (e.g., complete ECON 399); and be recommended 
              by the faculty research adviser. 
             
               
                | Hours | 
                Requirements | 
               
               
                |  12 | 
                 Economics and Statistics: | 
               
               
                |   | 
                 
                   ECON 102Microeconomic Principles
                   
                 | 
               
               
                |   | 
                 
                   ECON 103Macroeconomic Principles
                   
                 | 
               
               
                |   | 
                 
                   ECON 202Economic Statistics I 
                   
                 | 
               
               
                |   | 
                 
                   ECON 203Economic Statistics II, or equivalent
                   
                 | 
               
               
                |  18 | 
                 Additional economics1 
                  including: | 
               
               
                |   | 
                 
                   ECON 302Inter Microeconomic Theory
                   
                 | 
               
               
                |   | 
                 
                   ECON 303Inter Macroeconomic Theory
                   
                 | 
               
               
                |  7-8 | 
                 Mathematics, choose one 
                  group of courses: | 
               
               
                |   | 
                 
                   MATH 125Elementary Linear Algebra, and 
                   
                 | 
               
               
                |   | 
                 
                   MATH 234Calculus for Business I
                   
                 | 
               
               
                |   | 
                 or  | 
               
               
                |   | 
                 
                   MATH 220Calculus I, and
                   
                 | 
               
               
                |   | 
                 
                   MATH 230Calculus II; or equivalent (see Economics 
                      Bulletin) 
                   
                 | 
               
               
                |   | 
                 
                   Additional mathematics courses are recommended
                   
                 | 
               
               
                |  18 | 
                 Supporting course work. 
                  18 hours of courses outside economics but related to the students 
                  major interest in economics (see Economics Bulletin for 
                  details and examples). | 
               
             
           1.  Excluding ECON 199 and 
            399.   
             Twelve hours of 300- or 400-level courses in the major must be 
              taken on this campus. 
             All foreign language requirements must be satisfied. 
            A Major Plan of Study Form must be completed and submitted to the 
              LAS Student Affairs Office before the end of the fifth semester 
              (60-75 hours). Please see your adviser. 
            
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