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Course Descriptions

Economics courses serve majors and non-majors.  All courses are open to any student from any college at Drake who has taken the prerequisites.  To see which courses will be offered each semester, please view our PLANNED COURSE OFFERINGS.

Courses recommended for first-year students and sophomores

Our introductory courses reflect our belief that knowledge of basic economics is essential for responsible global citizenship. Most students in these introductory courses are nonmajors. Introductory courses have no college-level prerequisites, but students are expected to have mastered tenth-grade mathematics.

First-year business students normally take ECON 002 in the fall and ECON 010 (if required) in the spring. Non-business students may thus find it easier to register for ECON 002 in the spring and ECON 010 in the fall.

ECON Course Prerequisites
002 Principles of Microeconomics None
010 Principles of Macroeconomics None

Courses recommended for sophomores and juniors

Our elective courses apply economic analysis to various subjects, problems, and public-policy questions. Students can pick courses to suit their interests. Roughly half the students in these courses are majors and half are not. Economics majors take four courses from this list. Quantitative Economics majors take two courses from this list.

ECON Course Prerequisites
105 Money and Banking ECON 010; MATH 020 or higher
108 Environmental and Natural Resource Economics ECON 002; MATH 020 or higher
109 Public Economics ECON 002
115 Labor Economics ECON 002 or ECON 010
120 Regulation and Antitrust Policy ECON 002; MATH 028 or higher
130 International Economics ECON 002, 010; MATH 020 or higher
131 China's Economy ECON 010; MATH 020 or higher
135 Developing Economies ECON 002, 010; MATH 020 or higher
198 Selected Topics Varies

Courses recommended for juniors and seniors

Our most advanced courses build proficiency in economic theory and data analysis. Most students in these courses are majors but nonmajors are welcome. All four courses are required for the Economics major and the Quantitative Economics major. ECON 190 is a capstone in which students read recent research and complete their own research project.

ECON Course Prerequisites
170 Introduction to Econometrics ECON 002, 010; MATH 028 or higher; STAT 072* or ACTS 135
173 Intermediate Microeconomic Analysis ECON 002; MATH 028 or higher
174 Intermediate Macroeconomic Analysis ECON 002, 010; MATH 028 or higher
190 Seminar in Economics ECON 170 or STAT 170

* Note: STAT 071 and IS 044 are prerequisites for STAT 072.

For course descriptions, please see Drake Undergraduate Catalog.  For instructors and time schedules, please see Class Schedule.  For term calendars and final exam schedule, please see Office of the Registrar.


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