The Economics Department

Economics Degree Requirements

Economics is a Liberal Arts major and follows the Liberal Arts degree plan for a Bachelor of Arts degree. We do not offer a BS in Economics at UT-Austin.

Degree Plan, Sample Four Year Plan, Interactive Degree Audit, Additional Policies, Minor, Electives

Economics Degree Plan

You will need to select the appropriate Undergraduate Catalog year range to view your degree plan. Catalogs specify degree requirements, policies, and procedures that govern your graduation. In general, catalog assignment is based on your first semester enrolled at The University of Texas at Austin or at another Texas public college or university. You are eligible for any "active" catalog that corresponds with any semester/year of your enrollment at UT. Keep in mind that catalogs expire after 6 years and are then no longer "active". Speak with your academic advisor to discuss catalog options.

16-18 Economics Degree Plan (expires Aug. 2024)

14-16 Economics Degree Plan (expires Aug. 2022)

12-14 Economics Degree Plan (expires Aug. 2020)

10-12 Economics Degree Plan (expires Aug. 2018)

Further Information for the College of Liberal Arts Requirements:


Economics Sample Four Year Plan

You will need to select the plan that matches your catalog. The four year plan is a semester-by-semester chart listing the courses a student might take in order to fulfill the degree requirements for the economics major and stay on track to graduate in four years. This is only a sample, you should consult with your academic advisor to determine the course of study best suited to your academic goals and interests.

16-18 Sample Four Year Plan

14-16 Sample Four Year Plan

12-14 Sample Four Year Plan

10-12 Sample Four Year Plan

 

Interactive Degree Audit

An interactive degree audit (IDA) allows you to see how your completed coursework is counting toward the economics degree requirements and shows you what requirements you still need to satisfy. A degree audit is generated for each currently enrolled economics major every semester prior to registration. Prospective students can generate their own audits under the economics degree plan (you do not have to be enrolled but you do need to create an e-id). To create a degree audit or view an existing one, go to the IDA website.

When viewing an existing degree audit, be sure to click "rerun audit" if there have been any changes to your schedule or record since the original audit was created.

 

Additional Policies

Grade Requirements

Economics majors must complete the following courses with a minimum grade of C minus to meet prerequisites and to satisfy major requirements:  ECO 304K, ECO 304L, ECO 420K, ECO 320L, ECO 329, and ECO 341K. A minimum GPA of 2.0 in all economics classes (combined) counting toward the major is required to graduate. Please note, starting in spring 2017 ECO 420K will have the added prerequisite of ECO 329 with a grade of at least C (not C minus).

Residency in the Major

The following Economics courses must be taken in-residence (at UT Austin): ECO 420K Microeconomic Theory, ECO 320L Macroeconomic Theory, ECO 329 Economic Statistics, and ECO 341K Econometrics. A minimum of 18 hours of economics classes counting toward the major must be taken in-residence.

Calculus Requirement

Approved calculus sequences are M408C and M408D, M408K and M408L, and M408N and M408S. Each course MUST be completed with a grade of at least a C minus. Business Calculus (M403K and M403L and their equivalents) CANNOT be substituted for either sequence.

Minor

Economics majors MUST complete a minor. You can have only one official minor per major.

  • For Economics majors in the 2014-2016, 2012-2014, and 2010-2012 catalogs the minor requirement is 12 hours of coursework in the same subject (at least 6 of those hours being upper division). Some popular minors are: business administration (see the Special Programs section for options), government, math, a foreign language, communications, and the list goes on. Courses required for other areas of the degree plan (except the major) can ALSO count toward the minor If you are a double-major or dual-degree-seeker, your other major can satisfy the minor for the economics degree. Coursework from certificate programs can usually satisfy a minor. Minors are not listed on the diploma or transcript.
  • For Economics majors in the 2016-2018 catalog the minor requirement is 15-21 hours of coursework. Students must apply for a minor from an approved list of minors (coming soon) with specific course requirements. A certificate can replace a minor. A second major might replace a minor (talk to an advisor about this). Minors are not listed on the diploma but they ARE on the transcript.

If you are a major in another discipline interested in minoring in economics check your degree plan or confer with the advisor in your major for eligibility to complete a minor (requirements for a minor are dictated by the major).

  • For students in the 2014-2016, 2012-2014, and 2010-2012 catalogs, a minor usually requires 12 hours of coursework (6-9 hours of which must be upper division). Typically students will take ECO 304K Intro to Microeconomics, ECO 304L Intro to Macroeconomics, and two upper division economics topic classes that do not require ECO 420K as a prerequisite (ECO 323T, ECO 327, ECO 330T, ECO 355). Students who have completed calculus may take ECO 329 and ECO 420K. Some economics courses are restricted to economics majors. If you are pursuing a minor in economics you can register in restricted economics classes by contacting the advising office-- your minor MUST be declared and you must meet the prerequisites. You will not have access to waitlists.
  • For students in the 2016-2018 catalog, must apply for the Economics minor (application coming soon). The requirements to complete the minor are ECO 304K, ECO 304L, ECO 420K, and two additional upper division Economics courses. Be aware that ECO 420K requires the following prerequisites: ECO 304K and ECO 304L, M408K and M408L (or equivalents) all with grades of at least C minus, and ECO 329 with a grade of at least C. Accepted substitutes for ECO 329 are: SDS 321, M358K or M378K, BME 335, EE351, ME 335, PGE 337.

Electives

The economics major requires roughly 15 hours of electives (at least 8 of which must be upper division) BUT the specific number of elective hours you will need depends on your catalog and other factors. You should consult with your academic advisor. Electives can be selected from almost any subject offered at UT. They are an opportunity to explore interests outside the major and minor. If you are a double-major or dual-degree-seeker, the coursework in your other major may satisfy elective hours for the economics degree.

For more information about the Economics major and degree requirements, please see an academic advisor.