Economics (B.A.)

Majoring in Economics will help students develop analytical and critical thinking skills using quantitative tools—expertise that offers a natural path into business, law, research or government careers. With this major, students will cover the two fundamental areas of economics: macroeconomics—the study of the entire economy– and microeconomics—the study of decisions made by individuals, households and businesses. These two complementary areas of the discipline will help students understand how choices made by individuals, firms, and governments aggregate at an economy-wide level, with possible unpredicted effects. Possible real-life questions economics helps you address are:

  1. How can data help us understand the U.S. and world economy?
  2. What causes recessions, inflation, and unemployment? How can fiscal and monetary policies respond?
  3. Why and what do countries trade?
  4. How can we use forecasting techniques to predict the market conditions and to make informed decisions?
  5. Why do economic inequalities prevail?

Economics majors pursue career in:

  • Financial sector and banking
  • Consulting
  • Private and Public sectors
  • Non-profit organizations
  • Graduate studies or law school

Admission Criteria:
● Overall GPA – 2.25, if transferring from any major at Montclair State University
● Overall GPA – 2.0 for all others

120 credits of coursework is required for the baccalaureate degree with a minimum 2.0 overall GPA, and a minimum 2.0 major GPA.

Program Requirements Overview

General Education Requirements30
World Languages and Cultures Requirements3-9
Major Requirements51
Free Electives 136-30
Total Credits120

Graduate Swing Courses will count toward Free Electives for students in combined degree programs.

Major Requirements

Required Courses
ECON 101Applied Macroeconomics3
ECON 102Applied Microeconomics3
ECON 203Fundamental Mathematics for Economics3
ECON 207Intermediate Microeconomic Analysis3
or ECON 206 Managerial Economics
ECON 208Intermediate Macroeconomic Analysis3
ECON 317Quantitative Methods for Economics3
ECON 370International Economics3
ECON 390Applied Econometrics3
ECON 412Business Forecasting and Analytics3
ECON 438Advanced Seminar in Economics3
Select five courses from the list below.15
Collateral Courses
INFO 173Spreadsheet Modeling for Business Decisions3
INFO 240Statistical Methods in Business3
Career Learning
BUGN 310Campus to Career Transition I0
BUGN 320Campus To Career Transition II0
Total Credits51

Major Electives

ECON 201Data Analysis Tools in Economics and Business3
ECON 215The Economics of Social Problems3
ECON 224Financial Economics3
ECON 240Economics of Time and Mind3
ECON 250Special Topics in Economics3,6
ECON 301Money and Banking3
ECON 303Economic Growth and Development3
ECON 308Public Finance3
ECON 310Urban and Regional Economics3
ECON 311Labor Economics3
ECON 314Development of Economic Thought3
ECON 324Capital Markets and Financial Institutions3
ECON 398Economics Independent Study1-3
ECON 403Comparative Economic Systems3
ECON 405Economic Development of Sub-Saharan Africa3
ECON 407Economics of Industrial Organization3
ECON 408Strategic Thinking and Game Theory3
ECON 414Economics of Natural Resources and Global Warming3
ECON 422Globalization and World Development3
ECON 430International Macroeconomic Policy3
MATH 369Mathematical Modeling3

General Education Requirements

Click here for a list of courses that fulfill General Education categories.

A. New Student Seminar
Complete a 1 credit New Student Seminar course.1
C. Communication
1. Writing 3
2. Literature3
3. Communication3
D. Fine and Performing Arts
Complete a 3 credit Fine and Performing Arts course.3
F. Humanities
1. Great Works and Their Influences3
2. Philosophical and Religious Perspectives 3
G. Computer Science
Spreadsheet Modeling for Business Decisions (Fulfilled in the major.)
H. Mathematics
Statistical Methods in Business (Fulfilled in the major.)
I. Natural Science Laboratory
Complete a 4 credit Natural Science Laboratory course.4
J. Physical Education
Complete a 1 credit Physical Education course.1
K. Social Science
1. American and European History 3
2. Global Cultural Perspectives3
3. Social Science Perspectives
Applied Macroeconomics (Fulfilled in the major.)
L. Interdisciplinary Studies
Applied Microeconomics (Fulfilled in the major.)
Total Credits30

World Languages and Cultures Requirements

Click here for a list of courses that fulfill World Languages and Cultures categories.

World Languages
Based on language placement exam, complete one or two sequential courses in the same language. Requirement is automatically fulfilled by language major courses.3-6
World Cultures
Requirement may be fulfilled by course selected in General Education - Social Science: Global Cultural Perspectives. Requirement may also be fulfilled by major coursework. See list of courses.0-3
Total Credits3-9

Recommended Roadmap to Degree Completion

This recommended four-year plan is provided as an outline for students to follow in order to complete their degree requirements within four years.  This plan is a recommendation and students should only use it in consultation with their academic advisor.

First Year
GENERAL EDUCATION: (A) New Student Seminar1GENERAL EDUCATION: (C2) Literature3
GENERAL EDUCATION: (C1) Writing3GENERAL EDUCATION: (K1) Social Science – American and European History3
GENERAL EDUCATION: (C3) Communication3World Language I3
MATH 100 (Or Free Elective if MATH 100 is not needed.)3INFO 173 (Fulfills General Education G category.)3
ECON 101 (Fulfills General Education K3 category.)3ECON 2033
ECON 102 (Fulfills General Education L category.)3 
 16 15
Second Year
GENERAL EDUCATION: (F1) Humanities – Great Works and Their Influences3World Language II3
GENERAL EDUCATION: (F2) Humanities – Philosophical and Religious Perspectives3ECON 3173
INFO 240 (Fulfills General Education H category.)3ECON 3903
ECON 207 or 2063Economics Major Elective3
ECON 2083Free Elective3
 15 15
Third Year
ECON 3703GENERAL EDUCATION: (K2) Social Science – Global Cultural Perspectives3
ECON 4123ECON 4383
Economics Major Elective3Economics Major Elective3
BUGN 3100BUGN 3200
Free Elective3Free Elective3
Free Elective3Free Elective3
 15 15
Fourth Year
GENERAL EDUCATION: (I) Natural Science Laboratory4GENERAL EDUCATION: (D) Fine and Performing Arts3
GENERAL EDUCATION: (J) Physical Education1Economics Major Elective3
Economics Major Elective3Free Elective3
Free Elective3Free Elective3
Free Elective3Free Elective3
 14 15
Total Credits 120