PREREQUISITES

1. Two UVA Economics Classes

You must complete at least two graded economics courses at UVA.

2. Economics GPA

You must earn a GPA of 2.3 or higher on all Economics courses taken at UVA. 

This GPA calculation includes all 2000+ level Economics courses taken at UVA with the following exceptions:

• Your grades earned in courses taken outside the UVA Economics Department, such as transfer courses or direct credit courses offered through study abroad programs, are not included in the economics GPA.
• If you earn Economics elective credit for a course in another school or department at UVA, that grade is not included in your UVA Economics GPA.
• HIUS 2061 is cross-listed as ECON 2060. This course is the same whether taught under the History or Economics numbers.  Therefore, any grade you earn in this class is included in the Economics GPA.
• If you fail a class and retake it, both grades enter are included in your Economics GPA. If you take a class and pass it, grades earned on subsequent retake(s) are not included in your Economics GPA.

3. Three Prerequisite Courses

• You must earn a C+ (or higher) on each of the three courses listed below.  You can retake the class one time to try to earn a C+. If you do not earn a C+ in two attempts, you are not eligible to declare the Economics major.
• You cannot use transfer credit for these three classes after you matriculate to UVA. To use transfer credit for these three courses, you must have completed the classes (with a C+ or higher) before you matriculated to UVA.

A. Calculus I

Note: Calculus I is also a prerequisite for Intermediate Microeconomics (ECON 3010) and so you must complete Calculus I before you take ECON 3010.

• Most use MATH 1210 to satisfy this requirement, but you can also satisfy this requirement with: MATH 1190, MATH 1310, or APMA 1110.
• If you fail twice to obtain a grade of at least C+ in Calculus I (whether in the same or different courses), you are ineligible to declare the Economics major. 
• Students considering a Financial Economics concentration or graduate work in economics should take MATH 1310 (or APMA 1110) instead of MATH 1210.
• If you fail to earn a C+ in Calculus I and then opt to take Calculus II instead of repeating Calculus I, you are exhausting your second chance for this prerequisite. If you earn a grade below C+ in Calculus II you are then ineligible to declare the Economics major.
• If you matriculate to UVA with AP or transfer credit for the Calculus I courses listed above or Calculus II (MATH 1220, MATH 1320, or APMA 1110) or Calculus III (MATH 2310, MATH 2315, or APMA 2120), you have satisfied this prerequisite.

B. Intermediate Microeconomics

Most use ECON 3010 to satisfy this requirement but you can also use ECON 3110 (Mathematical Microeconomics).  Note that you cannot earn credit for both ECON 3010 and ECON 3110, and these are considered the same course for the purposes of this requirement.

C. Statistics

Most use STAT 2120 at UVA to satisfy this prerequisite.  However, you can also use STAT 3120, APMA 3110, or APMA 3120.

MINOR REQUIREMENTS

No course taken credit/no credit may be used to satisfy minor requirements.

Required Courses

• Complete all the prerequisite courses for declaring a minor; ECON 2010, 2020, 3010 (or 3110), Calculus, and Statistics.

Elective Courses

The student must complete an additional 3 Economics elective courses at the 2000 level or above, each of which must be at least a 3 hour course.

• Of the economics elective courses used to satisfy this requirement, no more than one can be numbered below 2999.

• At least two of the three Economics elective courses must be completed at the University.

• ECON 3720, ECON 4720, and ECON 3020 can count as electives in the minor.

• Students entering the University with transfer credit for ECON 3010 (or 3020) on their transcript, but who do not have credit for ECON 2010 (or 2020), are exempt from ECON 2010 or 2020, respectively. However, they will be required to complete one additional ECON elective; in other words a total of 4 ECON electives must be completed for the minor.

GPA

Students must have a cumulative economics GPA of at least 2.0 to graduate with the minor. See the prerequisites for details on computing the economics GPA.

DECLARING THE MINOR

College rules require that the minor be declared no later than the add deadline of the semester in which you intend to graduate. 

• Review your transcript to make sure you have completed all the prerequisites.

• Complete the major/minor declaration form via docusign here.

• The minor must stand on its own. Students may not share minor courses with other major or minor courses.

MINOR PLANNER

Printer friendly version