Economics (BS)
Economics students can develop their understanding of economic issues in a variety of areas including: econometrics, game theory, health economics, industrial organization, international economics, labor economics, money and financial institutions, public finance, resource and environmental economics.
A degree in economics provides rigorous analytical training with a broad understanding of the workings of the global economic system. Its flexibility allows students to tailor their education to specific interests and career goals. The undergraduate programs in economics prepare a student for careers in business and government as well as for many graduate and professional degree programs.
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.
Contact
Poole College of Management
4172 Nelson Hall
Raleigh, NC 27695
919.515.5565
Website
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.
| Code | Title | Hours |
|---|---|---|
| Requirements | ||
| EC 201 | Principles of Microeconomics | 3 |
| or EC 205 | Fundamentals of Economics | |
| or ARE 201 | Introduction to Agricultural & Resource Economics | |
| EC 301 | Intermediate Microeconomics | 3 |
| EC 302 | Intermediate Macroeconomics | 3 |
| EC 351 | Econometrics I | 3 |
| EC 451 | Econometrics II | 3 |
| EC 490 | Research Seminar in Economics | 3 |
| Business Analytics | ||
| BUS 340 | Information Systems Management | 3 |
| BUS 351 | Introduction to Business Analytics | 3 |
| Economics Electives | ||
| 400/500 Level Econ Electives | 6 | |
| 300/400/500 Level EC Electives | 6 | |
| Humanities and Social Sciences | ||
| Acad Writing and Research 1 | 4 | |
| GEP Social Sciences | 3 | |
| Select one of the following: | 3 | |
| Communication for Engineering and Technology | ||
| Communication for Business and Management | ||
| Communication for Science and Research | ||
| GEP Humanities | 6 | |
| GEP Elective | 3 | |
| Mathematical and Natural Sciences | ||
| Natural Sciences Sequence | 8 | |
| BUS/ST 350 | Economics and Business Statistics | 3 |
| or ST 312 | Introduction to Statistics II | |
| or ST 370 | Probability and Statistics for Engineers | |
| or ST 372 | Introduction to Statistical Inference and Regression | |
| GEP Natural Sciences | 7 | |
| MA 131 | Calculus for Life and Management Sciences A 3 | 3 |
| or MA 141 | Calculus I | |
| MA 231 | Calculus for Life and Management Sciences B | 3 |
| or MA 241 | Calculus II | |
| MA 114 | Introduction to Finite Mathematics with Applications | 3 |
| or MA 242 | Calculus III | |
| ST 307 | Introduction to Statistical Programming- SAS | 1 |
| or ST 308 | Introduction to Statistical Programming - R | |
| Interdisciplinary Perspectives | ||
| GEP Interdisciplinary Perspectives | 5 | |
| Physical Education | ||
| GEP Health and Exercise Studies | 2 | |
| Corequisites | ||
| GEP Global Knowledge (verify requirement) | ||
| GEP Foundations of American Democracy (verify requirement) | ||
| World Language Proficiency (verify requirement) | ||
| Advised Electives | ||
| Advised Electives 2,5 | 15 | |
| Free Electives | ||
| Free Electives (12 Hr S/U Lmt) 2,4 | 15 | |
| Total Hours | 120 | |
- 1
C- or better
- 2
Students should consult their academic advisors to determine which courses fill this requirement.
- 3
The calculus requirement may be met by either of two sequences: MA 131 and MA 231 or MA 141 and 241. Students who choose the second sequence are strongly encouraged to take MA 242, which may substitute for MA 114.
- 4
Some courses will not count as free electives, such as WL 101, or 105 (in the language in which proficiency requirement is met), or MA 101, 103, 105. (12 hours of free electives may be taken for credit only.)
- 5
Advised Electives: (15 credits) 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 WL 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 catalog for instructions.
400/500 Level Econ Electives
| Code | Title | Hours |
|---|---|---|
| ECG 505 | 3 | |
| ECG 506 | 3 | |
| ECG 512 | 3 | |
| ECG 515 | Environmental and Resource Policy | 3 |
| ECG 528 | Options and Derivatives Pricing | 3 |
| ECG 530 | Topics in Labor Economics | 3 |
| ECG 537 | Health Economics | 3 |
| ECG 540 | Economic Development | 3 |
| ECG 548 | International Economics | 3 |
| ECG 561 | Applied Econometrics I | 3 |
| ECG 562 | Applied Econometrics II | 3 |
| ECG 563 | Applied Microeconometrics | 3 |
| ECG 580 | 3 | |
| ECG 590 | Special Economics Topics | 1-6 |
| FIM 528 | Options and Derivatives Pricing | 3 |
| MA 528 | Options and Derivatives Pricing | 3 |
| MBA 528 | Options and Derivatives Pricing | 3 |
| ST 561 | Applied Econometrics I | 3 |
| Econ Electives II A | ||
| EC 404 | Money, Financial Markets, and the Economy | 3 |
| EC 410 | Public Finance | 3 |
| EC 413 | Industrial Organization | 3 |
| EC 431 | Labor Economics | 3 |
| EC 437 | Health Economics | 3 |
| EC 449 | International Finance | 3 |
| EC 451 | Econometrics II | 3 |
| EC 468 | Game Theory | 3 |
| EC 474 | Economics of Financial Institutions and Markets | 3 |
| EC 480 | 3 | |
| EC 490 | Research Seminar in Economics | 3 |
| EC 495 | Special Topics in Economics | 1-6 |
| EC 498 | Independent Study in Economics | 1-6 |
300/400/500 Level EC Electives
| Code | Title | Hours |
|---|---|---|
| Econ Electives I | ||
| ARE 336 | Introduction to Resource and Environmental Economics | 3 |
| EC 336 | Introduction to Resource and Environmental Economics | 3 |
| Econ Electives I A | ||
| ARE 336 | Introduction to Resource and Environmental Economics | 3 |
| EC 305 | A Closer Look at Capitalism | 3 |
| EC 336 | Introduction to Resource and Environmental Economics | 3 |
| EC 348 | Introduction to International Economics | 3 |
| EC 351 | Econometrics I | 3 |
| Econ Electives II | ||
| ECG 505 | 3 | |
| ECG 506 | 3 | |
| ECG 512 | 3 | |
| ECG 515 | Environmental and Resource Policy | 3 |
| ECG 528 | Options and Derivatives Pricing | 3 |
| ECG 530 | Topics in Labor Economics | 3 |
| ECG 537 | Health Economics | 3 |
| ECG 540 | Economic Development | 3 |
| ECG 548 | International Economics | 3 |
| ECG 561 | Applied Econometrics I | 3 |
| ECG 562 | Applied Econometrics II | 3 |
| ECG 563 | Applied Microeconometrics | 3 |
| ECG 580 | 3 | |
| ECG 590 | Special Economics Topics | 1-6 |
| FIM 528 | Options and Derivatives Pricing | 3 |
| MA 528 | Options and Derivatives Pricing | 3 |
| MBA 528 | Options and Derivatives Pricing | 3 |
| ST 561 | Applied Econometrics I | 3 |
| Econ Electives II A | ||
| EC 404 | Money, Financial Markets, and the Economy | 3 |
| EC 410 | Public Finance | 3 |
| EC 413 | Industrial Organization | 3 |
| EC 431 | Labor Economics | 3 |
| EC 437 | Health Economics | 3 |
| EC 449 | International Finance | 3 |
| EC 451 | Econometrics II | 3 |
| EC 468 | Game Theory | 3 |
| EC 474 | Economics of Financial Institutions and Markets | 3 |
| EC 480 | 3 | |
| EC 490 | Research Seminar in Economics | 3 |
| EC 495 | Special Topics in Economics | 1-6 |
| EC 498 | Independent Study in Economics | 1-6 |
Acad Writing and Research
| Code | Title | Hours |
|---|---|---|
| Acad Writing Research | ||
| ENG 101 | Academic Writing and Research | 4 |
| WLEN 101 | Academic Writing and Research | 4 |
| Transfer Sequence | ||
| ENG 202 | Disciplinary Perspectives in Writing | 3 |
| ENG 1GEP | 3 | |
Natural Science Sequence
| Code | Title | Hours |
|---|---|---|
| Chemistry Sequence | ||
| CH 101 | Chemistry - A Molecular Science | 3 |
| CH 102 | General Chemistry Laboratory | 1 |
| CH 201 | Chemistry - A Quantitative Science | 3 |
| CH 202 | Quantitative Chemistry Laboratory | 1 |
| Geology Sequence | ||
| MEA 101 | Geology I: Physical | 3 |
| MEA 110 | Geology I Laboratory | 1 |
| MEA 202 | Geology II: Historical | 3 |
| MEA 211 | Geology II Laboratory | 1 |
| Physics I Sequence | ||
| PY 201 | University Physics I | 4 |
| PY 202 | University Physics II | 4 |
| Physics II Sequence | ||
| PY 205 | Physics for Engineers and Scientists I | 4 |
| PY 206 | Physics for Engineers and Scientists I Laboratory | 1 |
| PY 208 | Physics for Engineers and Scientists II | 4 |
| PY 209 | Physics for Engineers and Scientists II Laboratory | 1 |
| Physics III Sequence | ||
| PY 211 | College Physics I | 4 |
| PY 212 | College Physics II | 4 |
| Zoology Sequence | ||
| Biology Sequence | ||
| BIO 181 | Introductory Biology: Ecology, Evolution, and Biodiversity | 4 |
| BIO 183 | Introductory Biology: Cellular and Molecular Biology | 4 |
Semester Sequence
This is a sample.
| First Year | ||
|---|---|---|
| Fall Semester | Hours | |
| ENG 101 | Academic Writing and Research 1 | 4 |
| GEP Humanities | 3 | |
| MA 131 or MA 141 | Calculus for Life and Management Sciences A or Calculus I | 3 |
| GEP Natural Sciences (Sequence) | 4 | |
| GEP Health and Exercise Studies | 1 | |
| Hours | 15 | |
| Spring Semester | ||
| EC 205 | Fundamentals of Economics | 3 |
| GEP Natural Sciences (Sequence) | 4 | |
| GEP Humanities | 3 | |
| MA 231 or MA 241 | Calculus for Life and Management Sciences B or Calculus II | 3 |
| GEP Health and Exercise Studies | 1 | |
| Hours | 14 | |
| Second Year | ||
| Fall Semester | ||
| EC 301 | Intermediate Microeconomics | 3 |
| BUS 340 | Information Systems Management | 3 |
| MA 114 or MA 242 | Introduction to Finite Mathematics with Applications or Calculus III | 3 |
| GEP Natural Sciences | 4 | |
| GEP Interdisciplinary Perspectives | 3 | |
| Hours | 16 | |
| Spring Semester | ||
| ST/BUS 350 | Economics and Business Statistics | 3 |
| EC 302 | Intermediate Macroeconomics | 3 |
| BUS 351 | Introduction to Business Analytics | 3 |
| GEP Elective | 3 | |
| Free Electives | 4 | |
| Hours | 16 | |
| Third Year | ||
| Fall Semester | ||
| EC 351 | Econometrics I | 3 |
| Select one of the following: | 3 | |
| Communication for Engineering and Technology | ||
| Communication for Business and Management | ||
| Communication for Science and Research | ||
| Economics Elective | 6 | |
| GEP Interdisciplinary Perspectives | 2 | |
| ST 307 or ST 308 | Introduction to Statistical Programming- SAS or Introduction to Statistical Programming - R | 1 |
| Hours | 15 | |
| Spring Semester | ||
| EC 451 | Econometrics II | 3 |
| Economics Electives | 6 | |
| Free Electives | 6 | |
| Hours | 15 | |
| Fourth Year | ||
| Fall Semester | ||
| Economics Electives | 3 | |
| Select two Advised Electives | 6 | |
| GEP Social Sciences | 3 | |
| GEP Natural Sciences | 3 | |
| Hours | 15 | |
| Spring Semester | ||
| EC 490 | Research Seminar in Economics | 3 |
| Select two Advised Electives | 6 | |
| Free Electives | 5 | |
| Hours | 14 | |
| Total Hours | 120 | |
- 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.
Career Titles
- Actuary
- Administrative Service Manager
- Business Professor
- Community Outreach Manager
- Compensation Administrator
- Compensation Specialist
- Customer Service Supervisor
- Economics Professor
- Economist
- Employment Administrator
- Environmental Economists
- Environmental Research Analyst
- Equal Opportunity Representative
- Event / Convention Planner
- Financial Analyst
- Financial Examiner
- Financial Planner
- Fundraising Manager
- Government Budget Analyst
- Government Service Executives
- Insurance Claim Examiner
- Intelligence Specialist (Government)
- Internal Auditor
- Investment Fund Managers
- Management Analyst
- Market Research Analyst
- Marketing Managers
- Occupational Analyst
- Operations Research Analyst
- Personnel Administrator
- Product Planner
- Public Relations Manager
- Public Relations Specialist
- Retail Buyer
- Retail Sales Department Supervisor
- Social and Community Service Managers
- Sociologist
- Survey Researchers
- Tax Assessor
- Transportation Planners
- Urban and Regional Planner
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