Duke Economics faculty strongly recommend that students interested in an economics major pursue the B.S. degree because it is quantitatively oriented and gives the best preparation for students contemplating a career in business and financial services or furthering their education with an MBA or other graduate study.
This degree program classifies as STEM (CIP Code 45.0603: Econometrics and Quantitative Economics), and students with this major can apply for a 24-month STEM extension of F-1 Optional Practical Training (OPT).
Requirements: 14-15 Courses
Completion of a higher-level math course (MATH 212 or higher) demonstrates proficiency in lower-level math courses; therefore, lower-level requirements may be waived for students who have successfully completed higher-level math courses.
- MATH 111L Laboratory Calculus I OR MATH 105L Laboratory Calculus and Functions I AND MATH 106L Laboratory Calculus Functions II
- MATH 122 Introductory Calculus II OR MATH 112L Laboratory Calculus II OR MATH 122L Introductory Calculus II with Applications
- MATH 202 Multivariable Calculus for Economics OR MATH 212 Multivariable Calculus OR MATH 219 Intermediate Calculus OR MATH 222 Advanced Multivariable Calculus OR any higher-level math course with MATH 212 as prerequisite.
See FAQs for New Econometrics Sequence for requirement based on year of matriculation
Core Economics Courses
- ECON 101D1 Economics Principles
- Econometrics (see FAQs for more information about this new sequence)
- ECON 104D2 Statistical Foundations of Econometrics and Data Science
- ECON 204D Econometrics Data Science (must be taken before senior year)
- ECON 201D Intermediate Microeconomics I
- ECON 205D3 Intermediate Microeconomics II
- ECON 210D Intermediate Macroeconomics
Upper-Level Economics Electives
- One course at ECON 300-level
- One course ECON 400-level
- Three courses at ECON 300-level or higher (ECON 500-549 may only be counted toward the major with approval from the director of undergraduate studies)
Students interested in a particular area of economics may want to explore elective course groupings in the following general areas:
- A maximum of two economics transfer credits will be accepted toward the major. This applied to courses taken in the United States and to study abroad courses. One exception if the London School of Economics full-year (fall and spring) program, from which a maximum of four courses may be counted toward the major.
- Effective for courses taken after the Spring 2018 semester, we will no longer accept transfer credits for the following courses: ECON 204, ECON 205, ECON 208, and ECON 210. Courses that are part of “Duke In …” programs count as Duke courses and not transfer courses (please note that a few “Duke In …” programs are hybrids in which some courses count as Duke courses but students may also take transfer courses at the foreign institution). Also, inter-institutional courses are not considered transfer courses, nor are pre-matriculation credits. If you have questions about whether a course taken away from Duke would be considered a transfer course, please consult the director of undergraduate studies or associate director of undergraduate studies before taking the course.
- DukeHub enforces prerequisites for many Economics courses.
- 1 Students with credit for both AP Macro and AP Micro (4 or higher) may receive credit for ECON 101. To receive credit for ECON 101 using an international standardized exam, please visit the Trinity College policy for qualifying scores.
- 2 Stat 432/MAT 343 may be substituted for Econ 104.
- 3 Prerequisites are enforced for ECON 205D. They include ECON 201, and either MATH 202 or MATH 212 or MATH 222.