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Major Requirements
Two majors and a minor
Drake offers a major in Economics, a major in Quantitative Economics, and a minor in Economics. Both majors are available to students in the College of Arts and Sciences and the Zimpleman College of Business. The minor is available to students in any college.
Which program is right for me?
BA or BSBA?
Drake Students can complete a major in Economics through the College of Arts and Sciences, receiving a Bachelor of Arts degree, or the Zimpleman College of Business, receiving a Bachelor of Science in Business Administration degree. The content of the Economics major is the same, so students should choose a college according to their other interests and career goals.
Students interested in a career in law or government should enroll in the College of Arts and Sciences, where many departments offer courses in public policy. Popular minors or second majors include Politics, International Relations, and Environmental Sustainability.
Students interested in a career in business (including business law) should enroll in the Zimpleman College of Business, where the Core Curriculum will equip them with essential business skills. Popular minors or second majors include Finance, International Business, and Business Law.
Economics or Quantitative Economics?
Students interested in a career as a professional economist--or who simply enjoy math--should consider the major in Quantitative Economics, co-sponsored by the Department of Mathematics and Computer Science. For a career in Economics, you need a masters degree or a PhD in economics, but to be admitted to a graduate program you need extra coursework in math and statistics.
The Quantitative Economics major requires only two Economics elective courses, but it includes all the math and statistics that graduate schools require. It can be completed through either the College of Arts and Sciences or the Zimpleman College of Business. Popular minors or second majors include Actuarial Science, Mathematics, and Data Analytics.
| ECONOMICS | QUANTITATIVE ECONOMICS | MINOR IN ECONOMICS | |
|---|---|---|---|
| Required ECON courses | ECON 2, 10, 170, 173, 174 | ECON 2, 10, 170*, 173, 174 | ECON 2, 10, and (173 or 174) |
| Elective ECON courses | Four 100-level | Two 100-level | Three 100-level |
| Required MATH courses | MATH 28 or 50 | MATH 50, 70, 80, 100 and two from (101, 110, 120, 125, 127, 176, 184) | MATH 28 or 50 |
| Required statistics courses | STAT 71 & 72** | ACTS 131 & 135 | None |
| Capstone | ECON 190 | ECON 190 or MATH 191 | None |
* Students in the Quantitative Economics major may substitute STAT 170 for ECON 170.
** Note that IS 44 is a prerequisite for STAT 72.
Zimpleman News
April 10, 2024
