Core Courses for Economics Major
01:220:320 Intermediate Microeconomic Analysis (3)
Households and firms as maximizing agents; implications for demand and supply of goods and productive services in competitive and monopolistic markets; general equilibrium; welfare economics. Prerequisites: 01:220:102; 01:640:135 or 151. (Credit not given for both 01:220:320 and 203).
01:220:321 Intermediate Macroeconomic Analysis (3)
Modern and classical theories of income determination, stabilization, and economic growth; emphasis on unemployment and inflation. Prerequisites: 01:220:102, 103; 01:640:135 or 151. (Credit not given for both 01:220:321 and 204).
01:220:322 Econometrics (3)
Introduction to the application of statistical methods for the estimation, testing, and prediction of economic relationships. Emphasizes ordinary least squares regression and problems in its application. Extensive use of microcomputers. Special topics may include limited dependent variable models, simultaneous equation methods, and time-series methods. Prerequisites: 01:220:102, 103; 01:960:211 or 285 or equivalent; 01:640:135 or 151. (Credit not given for both this course and 01:220:326.)
- 01:220:320 Intermediate Microeconomic Analysis (3)
Electives that Only Count Towards the Economics Minor
01:220:212 Economic Data Analytics: Introduction to Data Management, Statistics and Regression Methods for Decision Making (3)
Introduction to data collection, visualization, analysis, and presentation; introduction to basic linear regression methods, hypothesis testing, and interpretation of estimates; use of Microsoft Excel and Regressit, an Excel ad-in, throughout. This course is equivalent to the 210-211 sequence. Prerequisite: 01:640:026 or placement into higher level mathematics. Not available for economics major credit. Course does satisfy the statistics pre-requisite for 01:220:322.
01:220:308 Introduction to Managerial Economics (3)
Application of contemporary economic theory to managerial decisions and to public policy affecting business. Prerequisites: 01:220:102, 103. This course may not be used for major credit. Students cannot get minor credit for both 01:220:308 and 14:540:343.
- 01:220:212 Economic Data Analytics: Introduction to Data Management, Statistics and Regression Methods for Decision Making (3)
01:220:102 Introduction to Microeconomics (3)
The market system and alternative mechanisms for determining prices and allocating resources. Economic analysis of monopoly, cartels, wage and price controls, pollution, and other contemporary problems. The role of government in promoting economic efficiency. Prerequisite: 01:640:111, or 115, or calculus placement. (Credit not given for both this course and 11:373:121).
01:220:103 Introduction to Macroeconomics (3)
Determinants of aggregate employment and national income; evaluation of government policies to alleviate inflation and unemployment. Money, banking, and monetary policy. International trade and finance, and the prospects for world economic development. Prerequisite: 01:640:111, or 115, or calculus placement. Credit not given for both this course and 11:373:122.
- 01:220:102 Introduction to Microeconomics (3)
Lower Level Electives
01:220:120 Inequality (4)
Economic and political explanations for the growth in U.S. income inequality since the 1970s; measurement of inequality; comparisons with other countries and with earlier eras in the U.S.; explanatory roles of discrimination, immigration, globalization, superstar and winner-take-all markets, party politics, and differences between rich and poor in voting power, political voice, and political participation; perspectives from other social and behavioral science disciplines. Lower level elective.
01:220:300 International Economics (3)
Real aspects of international trade, including comparative advantage, tariffs and quotas, economic integration, and the role of international trade in economic development. Monetary aspects of international trade, including international capital movements, the foreign exchange market, concept and measurement of balance of payments, alternative means of correcting disequilibrium in the balance of payments, and international monetary arrangements. Lower level elective.
01:220:301 Money, Banking and the Financial System (3)
Economic significance of money; structure, history, and present state of the American monetary system; credit, banking, and Federal Reserve; instruments of credit control; Federal Reserve and treasury policies; monetary reform, monetary theory and policy. Prerequisites: 01:220:102, 103.
01:220:303 Labor Institutions and Markets (3)
Private and public employee unions, industrial relations, and collective bargaining. Public regulation of labor markets including industrial safety and wage levels. Prerequisites: 01:220:102, 103.
01:220:305 American Economic History (3)
Long-term trends in economic growth and institutions from the colonial period to World War II. Development of transportation and industry. Effects of technological change and immigration. Economics of slavery. Monetary history and government regulation. Prerequisites: 01:220:102, 103.
01:220:307 Economics of Globalization: A Historical Perspective (3)
Examination of the evolution of globalization from the 1800s to the present; assessment of the benefits of financial and trade integration relative to the costs associated with integration such as the consequences of financial crises. Prerequisite: 01:220:300 or 335 or 336.
01:220:311 Methods of Cost-Benefit Analysis (3)
Introduction to theoretical and applied welfare economics. Theories of social welfare; the normative basis for and practical techniques of cost-benefit analysis. Selected applications. Prerequisites: 01:220:102,103 (01:220:311 taken in 2016 or earlier counts as an upper level elective)
01:220:312 Sports Economics (3)
To illustrate how economic analysis can be applied to questions about the operation of college and professional sports, and to train students in using the tools of economic and empirical analysis and in critical thinking and analytical reasoning about economic aspects of sports.Econ. 102 is a prerequisite for this course.
01:220:327 History of Economic Thought (3)
Historical examination of the major concepts of economic theory. Covers all major traditions within economic thought, with special emphasis on the school of classical political economy. Prerequisites: 01:220:102, 103.
01:220:331 Economics of Crime (3)
Economic analysis of crime and the criminal justice system, criminal behavior, law enforcement, crime prevention, sentencing, capital punishment, organized crime, and the war on drugs. Prerequisites: 01:220:102, 103.
01:220:334 Energy Economics (3)
Economic analysis of energy problems. Critical examination of government energy policies. Prerequisites: 01:220:102, 103.
01:220:362 Comparative Economic Systems (3)
Comparative analysis of differing economic systems with emphasis on plan/market comparisons and the nature of transitions in formerly planned economies. Prerequisites: 01:220:102, 103.
01:220:389 Public Policies toward Business (3)
Analysis of major policies affecting competition. Topics include antitrust, traditional public-utility regulation, and newer regulatory alternatives. Prerequisites: 01:220:102, 103.
01:220:390 Choice and Strategy in Politics (3)
Rational-choice approaches to understanding political behavior and institutions. Spatial models of direct and representative democracy; strategic behavior of political actors; ideal voting systems; selected applications in U.S. and other political systems. Cross listed with 01:790:390 in Political Science.
01:220:395 Law and Economics (3)
Economic rationale and consequences of legal rules. Contracts, compensation, property rights, liability rules, crime, safety, monopoly, discrimination, health care, pollution, public interest law. Prerequisites: 01:220:102, 103.
01:220:396 Corporations, Bankruptcies, and Takeovers (3)
Origin and nature of corporations, corporate bankruptcy including liquidation and reorganization, mergers and acquisitions, takeover disputes. Prerequisites: 01:220:102, 103. Credit not given for both this course and 01:220:309.
01:220:397 Internship in Economics (1)
Supervised internship in economics-related position. Approval of the director of undergraduate studies and semester paper required. Prerequisites: 01:220:102, 103. Each student is limited to one internship in economics. Students are responsible for finding internships. Majors only. Graded Pass/No Credit.
01:220:398,399 Independent Study in Economics (3,3)
Independent research supervised by a faculty member. Prerequisites: 01:220:102, 103. By permission of instructor and department. Maximum of two independent study courses in economics allowed.
14:540:343 Engineering Economics (3)
Economic decisions involving engineering alternatives; annual cost, present worth, rate of return, and benefit-to-cost; before and after tax replacement economy; organizational financing; break-even charts; unit and minimum-cost public sector studies.Open only to junior and senior engineering students.
33:010:272 Introduction to Financial Accounting (3)
Introduction to basic accounting concepts, business and reporting, and accounting; emphasis on measuring and recording transactions and interpreting financial statements.Not open to first-year students. This course is offered through the Rutgers Business School.
33:010:275 Introduction to Managerial Accounting (3)
Introduction to basic concepts of management accounting with emphasis on decision making and controlling operations through the use of budgets and forecasting models, cost and activity analyses, and various financial and nonfinancial performance measures.Prerequisites: 33:010:272. Course is offered through the Rutgers Business School.
- 01:220:120 Inequality (4)
Upper Level Electives
01:220:402 Labor Economics (3)
The firm's labor demand, the household's labor supply, and wage determination in competitive and noncompetitive markets. Economics of unions. Human capital, occupational choice, wage structure, and unemployment. Prerequisites: 01:220:320 and 322. (Credit not given for both this course and 01:220:302)
01:220:403 Special Topics in Labor Markets (3)
Analysis of topics such as hours of work, fertility and population, mobility, job search, and unemployment. Investment in human capital, wage and retirement policies, and occupational training. Prerequisites: 01:220:320 and 322. (Credit not given for both this course and 01:220:304)
01:220:410 Advanced Macroeconomic Theory (3)
Use of models of household and firm behavior and equilibrium analysis to study macroeconomic issues. Competing theories of aggregate fluctuations, including real business cycle theory and the New Keynesian model. Effects of fiscal and monetary policy on rhe economy in both the short and long run. Recommend for students interested in pursuing graduate study in economics. Prerequisites: 01:220:320, 321 and 322; 01:640:136 or 152. Credit not given for both this course and 16:220:586.
01:220:411 Global Financial Crises (3)
Financial crises from an historical perspective; survey of the history of banking, currency and debt crises across the world for the past century and a half; in-depth discussion of the 2008 crisis in the US, and the Euro-zone crisis of 2010-2013; Seminar. Prequisites: 01:220:320, 01:200:321, and 01:220:322.
01:220:412 Monetary Theory and Policy (3)
Role of money and the monetary system in determining income, employment, and price level; techniques of monetary policy; relation of monetary and fiscal policy; international policies. Prerequisites: 01:220:321 and 322.
01:220:413 Financial Economics (3)
Analysis of financial decision making; capital budgeting; capital structure; economic forecasting. Prerequisites: 01:220:320 and 322. (Credit not given for both this course and 01:220:393)
01:220:414 Economics of Capital Markets (3)
Capital markets uncertainty; asset valuation; return on assets; determinants of relative yields. Theories of stock and bond market activity. Innovations in financial instruments. Prerequisites: 01:220:321, 322, and either 393 or 413. (Credit not given for both this course and 01:220:394)
01:220:415 Portfolio Theory (3)
Selection of a financial portfolio under conditions of uncertainty. Treatment of risk. Case histories of investment fund performance. Prerequisite: 01:220:393 or 413.
01:220:420 Computational Methods for Research in Economics (3)
Computational tools and custom-designed data collection methods for economic research; self-contained primer in building computational tools; use of computational tools in adapting tightly specified and general theoretical models to more complex and realistic settings; Primer in research design with emphasis on efficient collection of data to test theory. Prerequisites: 01:220:320, 321 and 322; 01:640:136 or 152.
01:220:421 Economic Forecasting and Big Data (3)
Application of forecasting to private- and public-sector decisions. Emphasis on time-series models with microeconomic and macroeconomic applications and computer exercises. Prerequisites: 01:220:320, 321, and 322.
01:220:422 Advanced Econometrics for Microeconomic Data (3)
Topics in cross-sectional and panel econometrics, with a basic introduction to time series econometrics. Fixed effects, panel data, instrumental variables,simultaneous equation methods, limited dependent variable models, and duration models. Prerequisites: 01:220:320, 321, and 322, and 01:640:136 or 152. Open to students doing honors research, and others by special permission. (Credit not given for both this course and 01:220:401.)
01:220:423 Advanced Time Series and Financial Econometrics (3)
Application of multivariate time series methods to economics and finance. Upper level elective. Prerequisites: 01:220:320, 321, and 322, and 01:640:136 or 152. Open to students doing honors research, and others by special permission. (Credit not given for both this course and 01:220:400.)
01:220:424 Machine Learning for Economics (3)
Advanced regression and classification methods applied to economic research questions; consideration of linear, graphical, kernel and neural network methods; emphasis on Bayesian methods for research design; consideration of broader social and distributional implications of the use of these methods. Upper level elective. Prerequisites: 01:220:320, 321, and 322, and 01:640:136 or 152.
01:220:432 Environmental Economics (3)
Economic basis of problems of air and water pollution and general environmental quality. Issues relating to externalities and public goods. Economic solutions to problems of environmental quality. Prerequisites: 01:220:320 and 322. (Credit not given for both this course and 01:220:332 or 11:373:363).
01:220:433 Health Economics (3)
Medical care costs; production of health; demand for health care and insurance; health services personnel; physician and hospital behavior; cost containment; review and evaluation of public programs. Prerequisites: 01:220:320 and 322. (Credit not given for both this course and 01:220:433 (formerly 417) or 10:832:332.)
01:220:435 International Trade (3)
Theories analyzing the gains from and causes of the international exchange of goods and services. The impact of commercial policy and other government policies on these gains and resource allocation. Prerequisites: 01:220:320, 322. Major credit may be earned for only two of the three options: (i) 01:220:300, (ii) 01:220:335 or 435), (iii) 01:220:336 or 436. (Credit not given for both this course and 01:220:335)
01:220:436 International Finance and Macroeconomics (3)
Theory of the balance of payments and balance-of-payments adjustment. International financial system, foreign exchange market, determinants of the trade balance and capital accounts, and the impact of government financial policies in the open economy. Prerequisites: 01:220:320, 321, and 322. Major credit may be earned for only two of the three options: (i) 01:220:300, (ii) 01:220:335 or 435), (iii) 01:220:336 or 436.(Credit not given for both this course and 01:220:336)
01:220:437 Economics of the European Union (3)
Intraregional macroeconomic analysis of the European Union, elimination of all trade barriers, integration of capital and labor markets, coordination of monetary and fiscal policies, the Euro currency. Prerequisites: 01:220:320, 321, and 322. (Credit not given for both this course and 01:220:337)
01:220:438 Education Economics (3)
Economic theory applied to educational policy issues. The nature of education and its relation to personal and societal development from economic perspectives. Upper-level elective. Prerequisites: 01:220:320 and 322.
01:220:439 Economic Development (3)
Theories and experience of qualitative and quantitative changes involved in the process of raising living standards in less-developed countries. Prerequisites: 01:220:320, 321, and 322. (Credit not given for both this course and 01:220:339)
01:220:440 Economics of Income Inequality and Discrimination (3)
Income distribution in the United States and elsewhere; the roles of occupation, education, and discrimination. Government policies concerning inequality, discrimination, and poverty. Prerequisites: 01:220:320 and 322. (Credit not given for both this course and 01:220:340)
01:220:441 Industrial Organization (3)
Theories of firm and market behavior. Evidence on relationships between structure, conduct, and performance. Includes pricing, profitability, innovation, and advertising. Prerequisites: 01:220:320 and 322. (Credit not given for both this course and 01:220:341)
01:220:442 Economics of Innovation and Intellectual Property (3)
Incentives to innovate, economic models of innovation, intellectual property protection including patents and copyrights, and government programs to stimulate innovation. Prerequisites: 01:220:320 and 322. (Credit not given for both this course and 01:220:342)
01:220:443 European Economic History (3)
Emergence of the modern economy in Europe from the 16th to the 20th century. Price revolution and mercantilism. Industrial revolution in England and the continent, and the formation of international markets. The Great Depression and renewed prosperity. Prerequisites: 01:220:320, 321 and 322. (Credit not given for both this course and 01:220:343)
01:220:444 Financial and Monetary History of the United States (3)
Development of financial institutions and money and capital markets. Central banking and the Federal Reserve system. Gold standard and floating exchange rates. Financial panics and economic crises. Prerequisites: 01:220:320, 321, and 322. (Credit not given for both this course and 01:220:344)
01:220:445 Advanced Topics in International Economics (3)
Topics may include strategic trade; trade and economic growth; the political economy of trade policy; exchange rate determination; international coordination of macroeconomic policy; empirical issues in international economics; and foreign direct investment. Prerequisites: 01:220:320, 321, and 322. (Credit not given for both this course and 01:220:433).
01:220:449 Economics of Transition (3)
Economic analysis of the policies and performance of the transition economies of the former Soviet Union and Eastern Europe. Prerequisites: 01:220:320, 321, and 322. (Credit not given for both this course and 01:220:349)
01:220:460 Public Economics (3)
Rationale for the public sector; public expenditure theory; economics of political process; expenditure structure and growth; incidence and incentives of specific taxes; fiscal incidence; stabilization. Prerequisites: 01:220:320 and 322. (Credit not given for both this course and 01:220:360)
01:220:463 Economics of Taxation (3)
Structure of U.S. tax system. Effects on the allocation of resources and economic growth; distribution of the burden of taxation across income groups. Prerequisites: 01:220:320 and 322. (Credit not given for both this course and 01:220:363)
01:220:464 Personal Economics and Public Policy (3)
Examination of how public policy affects and is affected by individuals’ economic decisions and actions. Prerequisites: 01:220:320 and 322. (Credit not given for both this course and 01:220:364)
01:220:469 State and Local Public Finance (3)
Evolution of federalism; analysis of expenditure and revenue decisions and intergovernmental grants; discussion of stabilizing and distributional aspects of state-local finances; and specific state-local fiscal problems. Prerequisites: 01:220:320 and 322. (Credit not given for both this course and 01:220:369)
01:220:470 Economic Growth (3)
Theories, experience, and measurement of quantitative changes in output, employment, price levels, and other economic aggregates in modern developed countries. Prerequisites: 01:220:320, 321, and 322.(Credit not given for both this course and 01:220:370)
01:220:471 Economics of Regulation (3)
Applied topics in rate-of-return regulation. Emphasis on underlying financial, accounting, and pricing issues in selected utilities industries. Prerequisites: 01:220:320 and 322.
01:220:475 Women, Men, and the Economy (3)
Description and analysis of women's economic status. Theories of discrimination against women in the labor market, including neoclassical, institutional, and Marxian. Women's work in the home analyzed from three perspectives: household utility maximization, patriarchy, and a sex-gender system. Application of theories to case studies. Prerequisites: 01:220:320 and 322. (Credit not given for both this course and 01:220:375)
01:220:477 Economics of Population (3)
Theoretical and empirical study of the interrelations between population change and economic change in developed as well as less-developed countries. Prerequisites: 01:220:320, 321, and 322. (Credit not given for both this course and 01:220:377)
01:220:480 Behavioral and Experimental Economics (3)
Critical examination of the behavioral critique of economic theory; Methodological questions about the nature of knowledge and discovery in economics, and the role of observation and econometric methods, including analysis of data from controlled experiments, in evaluating existing theory. Prerequisites: 01:220:320, 01:220:322, 01:640:136 or 01:640: 152. Credit not given for both this course and 01:220:404.
01:220:481 Economics of Uncertainty (3)
Measurement of risk, attitudes toward risk, decision making under uncertainty, Bayesian decision theory, applications to asset markets. Prerequisites: 01:220:320; 01:960:211 or 285; 01:640:136 or 152.Credit not given for both this course and 01:220:405.
01:220:482 Game Theory and Economics (3)
Expected utility theory, zero and nonzero sum games, cooperative and noncooperative games, bargaining models, supergames, oligopoly, core market games, strategy-proof systems. Prerequisites: 01:220:320; 01:960:211 or 285; 01:640:136 or 152. Credit not given for both this course and any of the following: 01:220:406, or 01:640:355.
01:220:483 Markets, Games and Information (3)
Private and asymmetric information, moral hazard with optimal contracts, adverse selection with applications to signaling and screening, and incentive mechanisms such as auctions and tournaments. Prerequisites: 01:220:320; 01:960:211 or 285; 01:640:136 or 152.(Credit not given for both this course and 01:220:407)
01:220:484 Market Discipline (3)
Theories and evidence of agency problems and firm performance at for-profit, not-for-profit, and mutual organizations; internal discipline of managerial performance derived from ownership structure, boards of directors, incentive compensation, and debt financing; external discipline derived from regulation and markets for products, capital, labor, and donors. Prerequisites: 01:220:320 and 322. (Credit not given for both this course and 01:220:408)
01:220:485 Advanced Microeconomic Theory (3)
Consumer and producer theory, general equilibrium analysis, and game theory; Emphasis on rigorous mathematical approach to economics; Recommended for students interested in graduate level study in economics. Prerequisites: 01:220:320, 321 and 322; 01:640:136 or 152. Credit not given for both this course and 16:220:585.
01:220:486 Operations Research I (3)
Application of quantitative methods to production management including decision theory, game theory, deterministic inventory theory, queuing, and linear programming. Prerequisites: 01:220:320 and 322. (Credit not given for both this course, 01:220:386 or 33:623:386)
01:220:487 Operations Research II (3)
Development and use of advanced techniques of production management, including advanced topics in linear programming, PERT, nonlinear programming, dynamic programming, stochastic inventory theory, and Markov analysis and simulation. Prerequisites: 01:220:320 and 322; 01:640:136 or 152. (Credit not given for both this course and 01:220:410)
01:220:488 Networks and Complexity in Economics (3)
Analysis of network connections among economic agents; game- and information-theoretic considerations; complexity and the need for alternatives to traditional optimization methods for understanding complex environments; applications to neighborhood segregation, diffusion of information, contagion in financial markets; introduction to neuro-economics. Upper level elective. Prerequisites: 01:220:320, 321 and 322; 01:640:136 or 152.
01:220:489 Advanced Topics in Economic Theory (3)
Economic dynamics; variational methods with applications; economics under uncertainty; imperfect information and market structure; social choice, design of incentive-compatible systems; general equilibrium. Prerequisites: 01:220:320, 321, and 322. (Credit not given for both this course and 01:220:430)
01:220:490,491 Advanced Independent Study and Research (3,3)
Specialized research supervised by a faculty member. Prerequisites: 01:220:320, 321, and 322. Open to juniors and seniors by permission of instructor and department. Maximum of two independent study courses in economics allowed.
01:220:493 Honors Research Seminar I (3)
Workshop in which students, in conjunction with faculty advisers, formulate and develop individual research projects and present and discuss their research findings. Prerequisites: 01:220:320, 321, and 322. Pre- or corequisite: 01:220:401. Open to sophomores, juniors, and seniors by permission of department.
01:220:494 Honors Research Seminar II (3)
Workshop in which students, in conjunction with faculty advisers, complete individual research projects begun in 01:220:493 or in a research-oriented economics elective course and present and discuss their research findings. Prerequisites: 01:220:320, 321, 322. Pre- or corequisite: 01:220:401. Open to sophomores, juniors, and seniors by permission of department.
01:220:495,496 Seminar in Economics (3,3)
Readings, analysis, and discussion of topics announced in advance each semester. Open to juniors and seniors by permission of department.
- 01:220:402 Labor Economics (3)
General Undergraduate Info
General Undergraduate Info
Economics Department Honors Research Program
The Honors Research Program provides an opportunity for undergraduate students to get first-hand experience doing scholarly research. Students spend their final year of study engaged in independent research projects under the supervision of members of the faculty. In previous years, students have engaged in a wide range of topics from the impact of regulations on banks' balance sheets to the links between crime and alcohol to the relationship between personality traits and the repayment of microfinance loans in Africa.
Students enrolled in the Program submit written theses and present their work to the Economics Department Honors and Awards Committee in April.
Students who would like to earn Economics Departmental Honors designations must complete the Honors Research Program.
The Economics Department Honors Research Program satisfies the "Capstone" requirement for the SAS Honors Program.
To apply for the Honors Research Program, students must:
- Be a declared Economics Major.
- Completed 01:220:320 Intermediate Microeconomics and 01:220:321 Intermediate Macroeconomics
- Have earned a B+ or higher in 01:220:322 Econometrics
- Have an overall GPA of 3.5 or higher
- Have an Economics GPA of 3.7 or higher
Honors Research Coursework
Students who are admitted into Honors Research must enroll in the following courses:
- One Advanced Econometrics class, either
01:220:423 formerly 01:220:400: Advanced Time Series & Financial Econometrics or
01:220:422 formerly 01:220:401: Advanced Cross-Sectional and Panel Econometrics
- 01:220:493 Honors Research I (Fall semester)
- 01:220:494 Honors Research II (Spring semester)
All of these courses are special permission only. Special permission numbers will be given to students who apply to and are accepted into the program.
Alternative approach: Course-based launch
Some students may choose to pursue a course-based launch to their Honors Research project. The course-based launch substitutes a research-oriented elective course for 01:220:493 Honors Research I. Research-oriented courses assign scholarly papers and econometric analysis of data. Students develop research projects through their work in the elective course and then expand these projects during the spring semester to write their honors theses.
Students pursuing the course-based launch must take one Advanced Econometrics course and 01:220:494 Honors Research II.
In order to be accepted you must have completed the prerequisites before you apply, have a tenure-track faculty member who agrees to be your advisor, and a research proposal that is feasible to complete in your senior year. Admission will be at the discretion of the department based on those criteria.
To identify tenure-track faculty members see here: https://economics.rutgers.edu/people/faculty anyone listed as "Assistant Professor of Economics" "Associate Professor of Economics" "Professor of Economics" or "Distinguished Professor of Economics"
< document Honors Research Application (13 KB) >
Application materials should be submitted by July 1. Special Permission numbers for 01:220:493 will be given out in August to those students who are accepted into the Honors Research Program.
Recent Graduates Working in Research at the Board of Governors and at Reserve Banks
Andy Fiedler - Board of Governors of the Federal Reserve System
Marc Rodriguez - Board of Governors of the Federal Reserve System
Ethan Motter - Federal Reserve Bank of Philadelphia
Blake Gwinn - Federal Reserve Bank of New York
Tal Elmatad - Federal Reserve Bank of Boston
Noam Brown - Board of Governors of the Federal Reserve System (economics minor)
David Yun - Federal Reserve Bank of New York
Mingyu Chen - Federal Reserve Bank of St. Louis
Change in Prerequisite Requirements in Economics for Majors and Minors
To All Economics Majors and Minors: This message is to alert you to a change in requirements concerning grades in prerequisite courses for core and elective courses in economics. The new rule is that a grade of C or better is required in each prerequisite course in order for it to satisfy the prerequisite requirement. Students will no longer be able to add courses to their schedule that require prerequisites of "C" or higher if they have a grade of "D" in any of the pre-requisites for the course. Students will need to repeat "D" grades and earn a minimum grade of "C" in each prerequisite prior to taking these courses.
Here are a few examples:
minimum grades of "C" in 220:102, 103 and Calculus I are necessary to enroll in Intermediate Macroeconomics 220:321
minimum grades of "C" in 220:102, 103, Calculus I and Stats are necessary to enroll in Econometrics 220:322
minimum grades of "C" in 220:320 and 322 are necessary to enroll in courses such as Labor Economics 220:302, Financial Economics 220:393, etc.
Policy on Outside Courses
A maximum of three approved classes taken outside RU-New Brunswick Economics Department can be counted towards the major. It is advisable to have any outside course preapproved. See our policies on online and short courses.
Policy on Courses from RU-Newark and RU-Camden
Students will no longer be able to use RU_ Newark and RU_Camden courses in Intermediate Microeconomics, Intermediate Macroeconomics, and Econometrics towards the SAS Economics major. Please note that this policy is not retroactive: students who have taken these courses in the Spring of 2011 or earlier semesters will be allowed to use them to fulfill SAS Economics major requirements. Intro to Micro and Macro classes taken at RU_ Newark or RU_ Camden need to be preapproved. See our policy on Online Courses and Short Courses.
Policy on Online Courses
We do not accept courses as prerequisite equivalent when grades are not substantially based on proctored or identity-secure administration of a cumulative final exam (i.e. 50% or more of the final grade).
Policy on Short Courses (Winter Session)
Courses that meet for less than 4 weeks will not be accepted for transfer towards the Economics Major.