Economics: Program Requirements


Admission to the Economics major: Social Science and Business Economics Option

You must apply for admission to the Economics major before you complete 18 credits toward the major. You must be admitted to the economics major to register for some upper-level courses and to graduate with an economics major. Once you are accepted as an economics major, you can receive specialized, one-on-one advising from school faculty or staff.

Minimum requirements: We encourage you to apply as soon as you have completed at least 10 credits toward the major. If you are a transfer student: Apply before you complete 18 credits in the economics major OR during your first semester at UW-Stevens Point. Exceptions: If you wish to request consideration of exceptional circumstances, do so in writing to the SBE Admissions Committee.

Academic Standards for Economics

To graduate with a major or minor in economics, successfully complete all required courses in the major or minor and achieve a cumulative grade point average of 2.25 or higher for the Social Science Option or Minor and 2.50 or higher for the Business Economics Option in all your major/minor courses. Academic Standards for the School of Business & Economics for more information on GPA requirements and for the School of Business & Economics repeat policy.

Economics Major: Social Science Option (Bachelor of Science)

In the economics major, you complete courses in core economic content and methodology, as well as courses in basic mathematical techniques and advanced economic statistics. Upon completing the economics major, you will be prepared to work in economics and the business world.

Successfully complete a minimum of 42-44 credits with a cumulative GPA of 2.25 or higher in categories 1 through 4 below. Completing the requirements below will satisfy the Communication in the Major and Capstone Experience requirements.

  1. Foundation: Complete 15-17 credits BEFORE taking “core” courses.
    1. Theoretical and institutional, 9 credits: ECON 110, 111; ACCT 210.
    2. Quantitative, 6-8 credits: MATH 355 or other approved statistics course and MATH 109, 111 or 120.
  2. Core: Complete 12 credits: ECON 310, 350, 360, 361
  3. Electives: Complete 12 credits.
    1. Communication in the Major electives, 3 credits: Choose from ECON 362, 420.
    2. General electives, 9 credits: Choose from economics courses NOT including 100. Note that BUS 352 and 353 both count as economics electives.
  4. Capstone Experience: 3 credits: ECON 450 (also satisfies 3 credits of the Communication in the Major requirement). If you plan to pursue graduate work in economics, we advise you to take MATH 120 and 121 in place of 109.

Economics Major: Business Economics Option

In the economics major, you complete courses in core economic content and methodology, as well as courses in basic mathematical techniques and advanced economic statistics. Upon completing the economics major, you will be prepared to work in economics and the business world.

Successfully complete a minimum of 69-71 credits with a cumulative GPA of 2.50 or higher in categories 1 through 3 below. Completing the requirements below will satisfy the Communication in the major and capstone experience requirements.

  1. Core: Complete 48-50 credits. In general, try to complete the core classes in approximately this sequence. The courses near the beginning of the list serve as prerequisites for courses near the end of the list.
    1. One calculus course: MATH 109, 111 or 120  (3-4 credits).
    2. ECON 110 and 111 (6 credits).
    3. ACCT 210 and 211 (6 credits).
    4. MATH 355 or other approved statistics course (3-4 credits).
    5. BUS 240 (3 credits).
    6. Communication in the Major: BUS 300 and 301 (6 credits).
    7. BUS 325 (3 credits).
    8. BUS 330 (3 credits).
    9. BUS 350 (3 credits).
    10. BUS 360 (3 credits).
    11. BUS 370 (3 credits).
    12. Global business and economy elective(3 credits). Take one of BUS 327, 339, 342, 357; an international experience selected from BUS 493, 496, or other approved international experience; ECON 362, 365; ACCT 310. Classes you take as part of the electives below may satisfy this requirement.
    13. Capstone class. BUS 480 (3 credits). You may take only one of the other core classes at the same time as a capstone class.
  2. Complete 12 credits: ECON 310, 350, 360, 361.
  3. 3 Electives: Complete 9 credits in additional economics courses, NOT including ECON 100. Note that BUS 352 & 353 both count as economic electives.

If you plan to pursue graduate work in economics, we advise you to take MATH 120 and 121 in place of 109.

Teacher Certification: See information about the professional education program and the secondary education curriculum for teacher certification in the Education section of this catalog.

Economics Minor

Successfully complete 21-22 credits with a cumulative GPA of 2.25 or higher in categories 1 through 3 below:

1.  Foundation: 9-10 credits: ECON 110, 111, MATH 355 or other approved statistics course.

2. Electives: 12 credits of additional economics courses, NOT including ECON 100. Both BUS 352 and BUS 353 count as economics electives.

3. Economics minor for teacher certification: Complete at least 24 credits in economics. Take 6 courses in addition to those in the Foundation above. We also recommend you take HIST 176 and 177 as electives and in partial fulfillment of the general education requirements.