Major and Minor Requirements

Major Requirements

These requirements are subject to change.  A student graduates under the requirements of the Undergraduate Bulletin of the year in which they enter.  However, when a student declares a major or minor, the requirements for the major or minor that are in effect at the time of declaration will apply.

Here is the link to see the Bulletins:

The Bachelor of Arts in Economics consists of 30 hours in economics,  including ECN 150, 205 or 210, 206, 207 or 211, and 209 . A minimum grade of C is required in ECN 150.  A minimum grade of C- is required in ECN 205 or 210, 207 or 211 and 209. In addition, students must achieve an overall 2.0 average in economics courses. The student also must make a minimum grade of C- in MTH 111 and  STA 109 (previously MST 109) (or similar course, including ANT 380; BIO 380; BEM 201; HES 262; MST 358; or SOC 271). Students must receive a grade of C or higher in ECN 150 to enroll in ECN 205 or 210, ECN 207 or 211 and ECN 209.

The MTH and STA requirements do not count towards the 30 hours.

Economics majors are encouraged to take complementary courses in mathematics, the humanities, or other social sciences to sharpen their analytical skills and to acquire a broader understanding of important issues. The faculty adviser will assist each student in determining the particular combination of courses that satisfies his or her needs.

Bachelor of Science in Mathematical Economics. The Department of Economics and the Department of Mathematics and Statistics jointly offer a major leading to a Bachelor of Science degree in Mathematical Economics. This interdisciplinary program offers the student an opportunity to apply mathematical methods to the development of economic theory, models, and quantitative analysis. The major has the following course requirements: MST 112, 113, 121, 254; ECN 150, 210, 211, 215, 218; one of MST 354, ECN 216 and ECN 217; one of ECN 222, 223, 252, 274 and 275; and two additional (3h) courses chosen with the approval of the program advisers.  Students selecting the joint major must receive permission from both the Department of Economics and the Department of Mathematics and Statistics. Prior to declaring the major, students must have a minimum grade of B- or AP credit in ECN 150 and MST 112. Graduation requirements  include a grade of at least a C- in MST 113, MST 121, ECN 210 and ECN 211.

At least half of the major must be completed at Wake Forest University.

Minor Requirements

The minor in economics consists of eighteen hours, including ECN 150, ECN 205 or 210, and ECN 207 or 211. The mathematics and minimum grade requirements for the minor are the same as for the major.

There is no limit to the credit hours that can be transferred into WFU for the minor in economics.

Other Credits

The department policy on Advanced Placement credit is that you must have taken both the micro and macro economics tests and made a total score of at least eight. This will earn credit for ECN 150.

Students who score 6 or 7 on the International Baccalaureate in Economics will be given credit for ECN 150.

Transfer students who have taken a two-semester sequence of Micro and Macro Principles at a four-year college will be given credit for ECN 150, plus 3 other general credits in Economics (not applicable towards the Major).

In order to receive credit for courses taken elsewhere while enrolled at Wake, a student must have prior approval from the department’s chairperson. Normally, the student should provide a description of the other college’s courses.

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