Degree Requirements

Major in Economics
Economics Core:

• ECO 112 Principles of Macroeconomics
• ECO 113 Principles of Microeconomics
• ECO 312 Intermediate Macroeconomics
• ECO 313 Intermediate Microeconomics
• ECO 490 Research Methods in Econometrics
• and three other upper division economics courses

Supporting Classes

Statistics Class:
BUS 379 Quantitative Methods for Business and Economics or MAT 163 Introductory Statistics

Mathematics Class:
MAT 114 Precalculus or MAT 145, 146 Calculus I & II

Graduation skills in Critical Thinking (CT), Quantitative Reasoning (QR), Speaking (S), and Writing (W) are embedded throughout the offered courses and are met by completing the major.

Transfer students must consult an adviser about potential adjustments to their course requirements to fulfill each of these skills.

Major in Applied Economics

• ECO 112 Principles of Macroeconomics
• ECO 113 Principles of Microeconomics
• ECO 312 Intermediate Macroeconomics or ECO 315 Money and Banking
• ECO 313 Intermediate Microeconomics
• ECO 490 Research Methods in Econometrics
• ECO 360 International Economics
• ECO 318 Management Science or ECO 415 Managerial Economics
• ECO 350 Labor Economics
• ECO 399 Internship Program or ECO 499 Independent Study
• BUS 379 Quantitative Methods for Business and Economics or MAT 163
• ENL 223 Writing for Business and the Professions
• PHI 120 Ethics or PHI 125 Ethics and Human Identity

Graduation skills in Critical Thinking (CT), Quantitative Reasoning (QR), Speaking (S), and Writing (W) are embedded throughout the offered courses and are met by completing the major.

Transfer students must consult an adviser about potential adjustments to their course requirements to fulfill each of these skills.

Major in Computational Economics
See Computer Science

Combined Major in Economics and Business Administration 

Five economics courses:

• ECO 112 Principles of Macroeconomics
• ECO 113 Principles of Microeconomics
• ECO 312 Intermediate Macroeconomics
• ECO 313 Intermediate Microeconomics
• and one other upper division economics course

Six accounting/business administration/MIS courses:

• ACC 221 Principles of Accounting I
• ACC 222 Principles of Accounting II
• BUS 242 Principles of Management
• MKT 252 Principles of Marketing
• FIN 331 Financial Management or BUS 379 Quantitative Methods for Business and Economics
• and one other upper division business course.

Graduation skills in Critical Thinking (CT), Speaking (S), and Writing (W) are embedded throughout the offered courses and are met by completing the major. Consult your department chair or academic adviser for requirements for meeting the Quantitative Reasoning (QR) graduation skill.

Transfer students must consult an adviser about potential adjustments to their course requirements to fulfill each of these skills.

Major in Mathematical Economics, B.S.

Eight economics courses:

• Eco 112 Principles of Macroeconomics
• Eco 113 Principles of Microeconomics
• Eco 312 Intermediate Macroeconomics
• Eco 313 Intermediate Microeconomics
• Eco 490 Research Methods in Economics
• 2 Upper Division Economics Courses

Seven mathematics courses:

• MAT 145 Calculus I
• MAT 146 Calculus II
• MAT 3737 and 374 Probability and Statistics I & II
• MAT 245 Calculus III
• MAT 246 Linear Algebra
• MAT 324 Analysis
  or MAT 369 Modeling and Differential Equations in the Biological and Physical Sciences
  or MAT 377 Operations Research

Recommended Courses: CSC 160 Introduction to Computer Science and Communication and CSC 170 Introduction to Programming

Graduation skills in Critical Thinking (CT), Speaking (S), and Writing (W) are embedded throughout the offered courses and are met by completing the major. Consult your department chair or academic adviser for requirements for meeting the Quantitative Reasoning (QR) graduation skill.

Transfer students must consult an adviser about potential adjustments to their course requirements to fulfill each of these skills.

Teacher Licensure Major
This major is only for those pursuing teaching licensure. The State of Minnesota has specific licensing requirements for teachers that may differ slightly in emphasis from the Augsburg major requirements. The state requirements may also be subject to change after publication of this catalog. Students, therefore, should consult with the Augsburg Department of Education to identify current Minnesota teacher licensure requirements.

Teaching Major in Political Science and Economics
See Political Science

Departmental Honors
GPA of 3.50 in the major and 3.00 overall; a senior thesis and comprehensive oral examination in the major field of concentration.

Minor in Economics
ECO 112, 113, 312, 313, and one additional economics upper division course. Other configurations may be permitted by consulting with the department chair.

Note: Students who plan to major in the department are strongly encouraged to select a department adviser as soon as possible in order to carefully plan their program of study.