In order to ensure a firm foundation for the advanced study of economics, students wishing to major in international economics need to have a minimum grade point average of 2.5 in the Core SFS economics sequence and receive no grade lower than a C in any of those courses.
During the sophomore year, students with room in their schedules should consider taking Intermediate Microeconomics (ECON-101), Intermediate Macroeconomics (ECON-102), and Economic Statistics (ECON-121), especially if junior year abroad is planned.
Students considering graduate study in economics are encouraged to take the sequence of math courses alongside their major coursework. Recommended courses include:
- Calculus II (MATH-036)
- Multivariable Calculus (MATH-137)
- Linear Algebra (MATH-150)
- Intro to Proofs/Problem-Solving (MATH-200)
Most Ph.D. Economics programs require these courses as minimal math preparation.
Effective for the classes of 2022 and beyond:
Co-requisites* – ECON-243 (International Trade), ECON-244 (International Finance)
*It is important to note that ECON-242 WILL NOT count toward the co-requisites for the IECO major. Should you opt to complete ECON-242 and then at a later date decide to major in IECO, you will be required to complete one higher-level economics course to fulfill the stated co-requisites for each major.
Effective for the classes of 2019, 2020, and 2021:
At most two of the following accounting and finance courses may be taken for the IECO Major:
- ACCT 001 (Subfield B)
- GBUS-400 (Subfield B)
- FINC-150 (Supporting)
Please note that extra applied courses, extra subfield courses, and courses from different subfield that has not been selected can count as supporting. For example, if a student selects a Subfield C course and is pursuing Subfield B, the Subfield C course could count as a required Supporting Course.
MATH-035 Calculus I is a prerequisite for the major. It is recommended that students satisfy the Calculus requirement before the beginning of the sophomore year. In addition to completion of MATH-035, students may fulfill this requirement with one of the following:
- Score of 4 or higher in AP Calculus AB or BC
- Score of 4 or higher on BC test’s AB subgrade
- Passing the Mathematics Department Calculus I waiver examination*
Please Note: The Mathematics Department waiver examination is an option suitable for students who studied Calculus in high school but did not have the opportunity to take the AP exam. It is administered once per year during New Student Orientation (late Aug./early Sept.). Important to note is that this in-person exam is different from the department’s online placement exam.