Economics Majors

B.A. Degree

The B.A. degree in Economics is designed primarily for students who want a liberal arts education with an emphasis on economics but with great depth. It requires 36 academic units.

Required Courses (BA)

Academic Units

ECO Core (1311, 1312, 3301, 3302)

12

MATH 1309 or MATH 1337

3

STAT 2331 or STAT 4340

3

ECO Advanced Courses*

18

Total: 36

*Advanced economics courses are defined as ECO 3355 and any economics course at the 4000/5000 level. 

Restrictions to look out for:

  • At most two of the following courses can be used toward the advanced economics requirement: ECO 4390, 4395-97, 4398 and 4399.

  • Cox majors may take FINA 3320 and 4326 which substitute for ECO 4368 and 4378 respectively.

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B.S. Degree

The B.S. degree in Economics offers more specialized training in economics and provides a firm basis for graduate studies in economics, business, or law. It requires 45 academic units.

Required Courses (BS) Academic Units
ECO Core (1311, 1312, 3301, 3302) 12
MATH 1337 and MATH 1338 or MATH 1340 6
STAT 2331 or STAT 4340 3
ECO 5350 Introductory Econometrics 3
ECO Advanced Courses* 21
Total: 45

*Advanced economics courses are defined as ECO 3355 and any economics course at the 4000/5000 level.

Restrictions to look out for:

  • At most two of the following courses can be used toward the advanced economics requirement: ECO 4390, 4395-97, 4398 and 4399.
  • The advanced economics classes must include a minimum of six academic units at the 5000 or above level.
  • ECO 5350 Introductory Economics is required for the major. 
  • At least one of the approved economics fields must be satisfied by the advanced economics courses selected.
  • Cox majors may take FINA 3320 and 4326 which substitute for ECO 4368 and 4378 respectively.

Additional information: 

Two semesters of calculus are required for the B.S. degree in Economics: MATH 1337 (Calculus I) and MATH 1338 (Calculus II). MATH 1337 is recommended; students who have completed MATH 1309 and wish to proceed to 1338 should consult with the Math Department. MATH 1340 Consolidated Calculus is a course designed specifically for students that have taken calculus in high school, but either did not pass the AP calculus exam with a high enough score to get credit for Calculus I or do not feel that they are ready to jump right into Calculus II.  This course reviews Calculus I at a faster than normal pace and then covers Calculus II at the normal pace.  It meets three hours per week with an instructor and also has one 80 minute problem session each week.  Credit for this course is equivalent to receiving credit for Math 1338 Calculus II.  Students passing this course with a C- or better that do not have credit for Calculus I or Business Calculus will also receive three credit hours for Math 1337.

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Economics with Finance Applications, B.S.

The Economics with Finance Applications degree combines specialized training in economics with a concentration in areas significant to financial markets. It is particularly suited to those seeking careers in the financial sector. It requires 54 academic units. 

Required Courses (BSFA) Academic Units
ECO Core (1311, 1312, 3301, 3302) 12
MATH 1309 or MATH 1337 3
STAT 2331 or STAT 4340 3
ACCT 2301 3
ACCT 2302 3
CS 1340 or CS 1341 3
ECO Advanced Courses** 18
ECO 3335 3
ECO 4368 3
ECO 4378 3
Total: 54

**Advanced economics courses are defined as any economics course at the 4000/5000 level. Please be aware that ECO 3355/4368/4378 are major required courses, and they will not count towards the 18 advanced economics units. 

*ACCT 2302 is highly recommended for students entering SMU prior to Fall 2018. ACCT 2302 is required for students entering SMU Fall 2018 or later. 

Restrictions to look out for:

  • At most two of the following courses can be used toward the advanced economics requirement: ECO 4390, 4395-97, 4398 and 4399.
  • The advanced economics classes must include a minimum of six academic units at the 5000 or above level.
  • At least one of the approved economics fields must be satisfied by the advanced economics courses selected.
  • Cox majors may take FINA 3320 and 4326 (which substitute for ECO 4368 and 4378 respectively) to satisfy six academic units of financial economics.

Additional information:

The class choices for the math requirement are MATH 1309 (Introduction to Calculus for Business and Social Science) or MATH 1337 (Calculus I). The required accounting classes for students entering SMU in Fall 2018 or later are ACCT 2301 (Intro to Financial Accounting) and ACCT 2302 (Intro to Managerial Accounting). For the three-hour statistics requirement, STAT 2331 (Introduction to Statistical Methods) or 4340 (Statistical Methods for Engineers and Applied Scientists) is required. B.S.F.A. majors who are also Cox majors may substitute ITOM 2305 for the statistics requirement. The class choices for the computer science requirement are CS 1340 (Introduction to Computing Concepts) or 1341 (Principles of Computer Science I), Cox majors may use ITOM 3306 or ITOM 2308 to fulfill this requirement.

The nine hours of finance applications classes are ECO 3355, ECO 4368, and ECO 4378. FINA 3320 (Financial Management) can substitute for ECO 4368, and FINA 4326 (Investment Analysis and Portfolio Management) can substitute for ECO 4378. Please note that openings in FINA classes are highly restricted; only Cox majors are able to enroll in FINA classes.   

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Economics with Management Information Applications Concentration, B.S.

The Economics with Management Information Applications Concentration degree combines specialized training in economics, econometrics and management information in areas important to the study of big data. It requires 60 academic units. 

Required Courses (BSMIA) Academic Units
ECO Core (1311, 1312, 3301, 3302) 12
MATH 1337 and MATH 1338 6
MATH 3304** 3
EMIS 1360, 2360, 3360andEMIS 3340/STAT 4340 12
CS 1341 and CS 1342*** 6
ECO 5350andone of the following: ECO 5375, 5380, 6352 or 6380 6
ECO Advanced Courses* 15
Total: 60

*Advanced economics courses are defined as ECO 3355 and any economics course at the 4000/5000 level.

** MATH 3304 Intro to Linear Algebra was formally known as MATH 3353 prior to Fall 2017.

***ITOM 3306 may substitute for CS 1341.

Restrictions to look out for:

  • At most two of the following courses can be used toward the advanced economics requirement: ECO 4390, 4395-97, 4398 and 4399.
  • Cox majors may take FINA 3320 and 4326 which substitute for ECO 4368 and 4378 respectively

Additional information:

In order to take any upper level EMIS courses, students must complete the subset requirements of the EMIS Department, which include DISC 1312/2305, DISC 1313/2306, MATH 1337, MATH 1338, EMIS 1360, CS 1341 and CS 1342, a 3.00 average subset GPA and a grade of C or better in each subset course.

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