Economics - Minor

Prerequisites for Declaring the Minor

1. Complete at least two graded economic courses at the University of Virginia.

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2. Economics GPA​

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3. Grades received in courses taken outside the University’s Economics Department, such as transfer courses or direct credit courses offered through study abroad programs, are not included in the economics GPA.

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4. If a student is granted economics elective credit for a course taken in another school or department at the University of Virginia, the grade received in that course is not included in the student’s economics GPA.

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5. HIUS 2061

   American Economic History

   As published: “is cross-listed as ECON 2060, and HIEU 2051 is cross-listed as ECON 2050 until Spring 2015. ECON 2060 is (and ECON 2050 was) the same whether taught under the History or Economics numbers. A grade in HIUS 2061 (or HIEU 2051 taken before Spring 2015), therefore, would be included in the economics GPA.”
   3
6. If a student fails a course and then retakes it, both grades – the failing grade and the grade received on the retake – enter into the computation of the economics GPA. If a student has taken and passed a course, grades received on any subsequent retake(s) are not included in the student’s economics GPA.

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7. ECON 2010

   Principles of Economics: Microeconomics
   3
8. ECON 3010

   Intermediate Microeconomics
   4
9. Students who fail to obtain a C+ on their first attempt at completing ECON 3010 (or ECON 3110) are permitted to retake ECON 3010 (or ECON 3110) once. Those who fail to get a good grade of at least C+ in two attempts are not eligble to declare the economics minor. a. Students who have transfer credit for ECON 3010 at the time that they matriculate at the UNiversity are exempt from this prerequisite. b. ECON 2010 and ECON 2020 are the only courses for the minor that may be taken outside the Unviersity after matriculation. 4. Macroeconomics Students must complete the following course with a passing grade:

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10. ECON 2020

    Principles of Economics: Macroeconomics
    3
11. 5. Calculus Complete Calculus I and obtain a minimum grade of C+ in at least one of the calculus courses.

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12. The following courses are accepted Calculus I courses:

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13. APMA 1090

    Single Variable Calculus I
    3
14. MATH 1210

    A survey of Calculus I
    3
15. MATH 1190

    A Survey of Calculus I with Algebra
    4
16. MATH 1310

    Calculus I
    4
17. Students who matriculate at the University with AP or transfer credit for Calculus I are considered to have met the minimum grade requirement.

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18. Transfer credit cannot be used to satisfy the grade requirement after one has begun taking classes at the University.

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19. STAT 2120

    Introduction to Statistical Analysis
    4
20. STAT 3120

    Introduction to Mathematical Statistics
    3
21. APMA 3110

    Applied Statistics and Probability
    3
22. APMA 3120

    Statistics
    3
23. Students who fail to obtain a C+ on their first attempt are permitted to try to meet the prerequisite a second time. Students who twice fail to obtain of at least a C+ in the statistics course listed above, whether in the same or different courses, are ineligible to declare the economics minor.

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24. Students who matriculate at the University with AP or transfer credit for one of these courses are exempt from this prerequisite. Transfer credit cannot be used to satisfy this requirement after one has begun taking classes at the University.

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Minor Requirements

1. Of the economics elective courses used to satisfy this requirement, no more than one can be numbered below 2999.

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2. At least two of the three Economics elective courses must be completed at the University.

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3. ECON 3720

   Introduction to Econometrics

   As published: “ECON 4720, and ECON 3020 can count as electives in the minor.”
   4
4. Students entering the University with transfer credit for ECON 3010 (or 3020) on their transcript, but who do not have credit for ECON 2010 (or 2020), are exempt from ECON 2010 or 2020, respectively.

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5. However, they will be required to complete one additional economics elective; in other words, a total of 4 ECON electives must be completed for the minor.

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Declaring the Minor

1. Review your transcript to make sure you have completed all prerequisites.

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2. Request a guide from the Undergraduate Program Coordinator in the Economics Department on how to complete the online declaration form. The coordinator is also available by email and appointment to answer questions.

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3. Complete and submit the DocuSign major/minor declaration form (available on the Forms Directory of the College of Arts & Sciences website) per the instructions in the guide.

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4. Check your Student Information System (SIS) account 5 days after submitting the form to confirm the minor has been entered. If the minor has not been entered, contact the Undergraduate Program Coordinator in the Economics Department.

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Contact Information