Degree Requirements

Major in Economics, BA

  • ECO 112- Principles of Macroeconomics
  • ECO 113 – Principles of Microeconomics
  • ECO 312 – Intermediate Macroeconomics
  • ECO 313 – Intermediate Microeconomics
  • ECO 490 – Research Methods in Econometrics
  • Three upper division economics electives
  • MIS 379 – Quantitative Methods for Business and Economics and MIS 260 – Problem Solving for Business
    •  or MAT 163 – Introductory Statistics
  • MAT 114 – Precalculus
  •  or MAT 145 – Calculus I
  •  or MAT 146 – Calculus II

Graduation Skills

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 advisor about potential adjustments to their course requirements to fulfill each of these skills.

Major in Applied Economics, BA

  • 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 318 – Management Science
  • ECO 350 – Labor Economics
  • ECO 360 – International Economics
  • ECO 490 – Research Methods in Econometrics
  • ECO 399 – Internship Program
    •  or ECO 499 – Independent Study
  • MIS 379 – Quantitative Methods for Business and Economics and MIS 260 – Problem Solving for Business
    • or MAT 163 – Introductory Statistics
  • ENL 223 – Writing for Business and the Professions
  • PHI 120 – Ethics
    •  or PHI 125 – Ethics and Human Identity

Graduation Skills

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 advisor about potential adjustments to their course requirements to fulfill each of these skills.

Major in Computational Economics, BA

See Computer Science.

Combined Major in Economics and Business Administration, BA

Five Economics courses and supporting courses in other departments:

  • ECO 112 – Principles of Macroeconomics
  • ECO 113 – Principles of Microeconomics
  • ECO 312 – Intermediate Macroeconomics
  • ECO 313 – Intermediate Microeconomics
  • ACC 221 – Introduction to Financial Accounting
  • ACC 222 – Introduction to Managerial Accounting
  • BUS 242 – Principles of Management
  •  or BUS 200 – Exploring Business as a Vocation
  • MKT 252 – Principles of Marketing
  • FIN 331 – Financial Management
  •  or MIS 379 – Quantitative Methods for Business and Economics and MIS 260 – Problem Solving for Business
  • One upper division Economics course elective
  • One upper division Business elective

Graduation Skills

Graduation skills in Critical Thinking (CT), Speaking (S), and Writing (W) are embedded throughout the offered courses and are met by completing the major. The Quantitative Reasoning (QR) graduation skill can be met by completing two courses: (1) ECO 112 or 113 (QF) and (2) MIS 379 or ECO 318 or ECO 490 (QA). Consult your department chair or academic advisor if you wish to choose an alternative approach to meeting the QR graduation skill.

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

Major in Mathematical Economics, BS

  • ECO 112 – Principles of Macroeconomics
  • ECO 113 – Principles of Microeconomics
  • ECO 312 – Intermediate Macroeconomics
  • ECO 313 – Intermediate Microeconomics
  • ECO 416 – Mathematical Economics
  • ECO 490 – Research Methods in Econometrics
  • MAT 145 – Calculus I
  • MAT 146 – Calculus II
  • MAT 245 – Calculus III
  • MAT 246 – Linear Algebra
  • MAT 373 – Probability and Statistics I
  • MAT 374 – Probability and Statistics II
  • MAT 324 – Analysis
    •  or MAT 369 – Modeling and Differential Equations in the Biological and Natural Sciences
    •  or MAT 377 – Operations Research
  • Two upper division economics course electives

Recommended Courses:

  • CSC 160 – Introduction to Computer Science and Communication
  • CSC 170 – Introduction to Programming

Graduation Skills

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 advisor about potential adjustments to their course requirements to fulfill each of these skills.

Teacher Licensure Major

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 – Principles of Macroeconomics
  • ECO 113 – Principles of Microeconomics
  • ECO 312 – Intermediate Macroeconomics
  • ECO 313 – Intermediate Microeconomics
  • One additional upper division economics 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 faculty advisor as soon as possible in order to carefully plan their program of study.

For a complete list of courses and descriptions, see the Course Description Search.