Economics Major, Bachelor of Arts (B.A.)

For students who entered fall 2015 and beyond.

Freshman Year

Sophomore Year

Junior Year

Senior Year

Total Minimum Credits = 120.

¹Economics majors are required to complete specific Calculus math courses. This math requirement can be satisfied through the following options:

• MATH.1210 Management Precalculus AND MATH.1220 Management Calculus
• MATH.1280 Calculus IA AND MATH.1290 Calculus IB
• MATH.1220 Management Calculus OR any higher level Calculus course

Economics majors who satisfy this math requirement are exempted from meeting the World Language requirement.

²Required for entering freshmen in the College of Fine Arts, Humanities and Social Sciences.

^3/4Core Curriculum Essential Learning Outcomes in the major are met as follows:

• Diversity and Cultural Awareness (DCA) is met by taking ECON.3020 or any other DCA course.
• Information Literacy (IL) is met by taking ECON.2120
• Social Responsibility and Ethics (SRE) is met by taking ECON.3450 or any other SRE course.
• Written and Oral Communication (emphasizing Writing in the Discipline) (WOC) is met by taking ECON.2120
• Critical Thinking and Problem Solving (CTPS) is met by taking ECON.3040
• Applied and Integrative Learning (AIL) is met by taking ECON.3030
• Quantitative Literacy (QL) is met by taking ECON.2010 or ECON.3030.

A major in Economics consists of 36-54 Economics credits with at least 18 credits at the 3000 level or higher. Students transferring to the college and wishing to major in Economics must make individual arrangements with the department chairperson regarding satisfaction of major course requirements.

For students who entered prior to fall 2018:
Students majoring in Economics must maintain at least a 2.000 grade point average (GPA) overall and at least a 2.000 GPA in their Economics courses.

For students who entered fall 2018 and beyond:
Students majoring in Economics must maintain at least a 2.200 grade point average (GPA) overall and at least a 2.000 GPA in their Economics courses.

• Major Requirements

No more than two Breadth of Knowledge courses can be taken with the same prefix. The Core Curriculum courses may be taken in any sequence. Refer to the Core Curriculum policy for further details. You should meet with your faculty advisor to determine how you will meet the Core Curriculum requirements.

Current UMass Lowell students should use their Advisement Report in SIS. If you need assistance, please contact your advisor.

Restriction on off-campus study:

Be advised that any course taken at another institution must be formally approved prior to enrollment.

See the catalog policy for details.

1. Evaluate the role of demand and supply in a market economy in allocating resources and shaping income distribution.
2. Assess the determinants of aggregate output, unemployment, inflation, and evaluate the impact and uses of monetary and fiscal policy as related to aggregate economic activity.
3. Assess the role that different market systems play in achieving allocative and productive efficiency.
4. Identify the sources and consequences of market failures and the appropriate scope of government regulations to address them.
5. Assess the role of government economic policies from the perspective of efficiency and distributional equity.
6. Interpret economic data, draw appropriate inferences from economic studies, and critically evaluate claims based on empirical evidence.
7. Apply economic theory to the framing and analysis of both individual and societal economic problems using graphs, algebra, and statistical methods.