Major Requirements

Listed below are the requirements for the Economics major. In addition to the requirements for the major, students must also satisfy all of the university general education requirements and the College of Letters & Science breadth and other degree requirements. Degree requirements will vary depending on when you took your first college class. You are strongly advised to consult both the economics advisor and your L&S Advisor to ensure you stay on track towards a degree. Read more about the degree requirements on the L&S Degree Requirements web pages.

Economics Major Requirements

To major in economics, students must earn grades of at least C in ECON 103 and ECON 104, attain at least a 2.0 GPA on all credits in the major attempted at UWM, and attain at least a 2.0 GPA on all major credits attempted when any transfer work is included along with the UWM work. The major in economics requires a minimum of 30 credits plus a research requirement including the following:

Required 1
ECON 103Principles of Microeconomics3
ECON 104Principles of Macroeconomics3
ECON 210Economic Statistics 23
ECON 301Intermediate Microeconomics3
ECON 302Intermediate Macroeconomics3
Electives 1
Select at least one course at the 400 level or above (excluding ECON 415)3
Select 12 additional credits in ECON, 3 of which must be in an approved research requirement course (see below).12
Total Credits30

Research Requirement

All majors in economics must complete an independent research experience by selecting, from the list below, a 400- or 500-level course in which they will write and present a research paper. The contents of the paper and the presentation of the results will be arranged with the faculty member teaching the course.

Eligible courses include:

ECON 404
Economic Applications of Game Theory
ECON 411
Economic Forecasting Methods
ECON 413
Statistics for Economists
ECON 426
Public Economics
ECON 432
Industrial Organization
ECON 447
Labor Economics
ECON 448
Economics of Human Resources
ECON 454
International Trade
ECON 455
International Finance
ECON 506
Mathematical Economics I
ECON 513
Introduction to Econometrics
ECON 525
The Economics of Water
ECON 699
Independent Work

Optional Concentrations

The Department offers three optional concentrations within the major. While completing the major requirements outlined above, students may elect to complete one of the following sets of requirements:

International Economic Relations

Choose three of the following courses:
ECON 351
Introduction to International Economic Relations
ECON 353
Economic Development
ECON 454
International Trade
ECON 455
International Finance

Quantitative Methods

Choose three of the following courses:
ECON 310
Research Methods for Economics
ECON 411
Economic Forecasting Methods
ECON 413
Statistics for Economists
ECON 513
Introduction to Econometrics

Graduate Preparation

Choose two courses each from the quantitative methods module and the economic theory module as follows:
ECON 413
Statistics for Economists
ECON 506
Mathematical Economics I
ECON 513
Introduction to Econometrics
ECON 606
Mathematical Economics II

Additional Economics Modules

For courses that meet the requirements of the following modules:

  • General Economics;
  • Economic Theory;
  • The Economics of Public Policy;
  • Strategy, Law, and the Economy; and
  • Labor Economics

Please see below.

General Economics
ECON 100
Introductory Economics
ECON 103
Principles of Microeconomics
ECON 104
Principles of Macroeconomics
ECON 110
Economics of Personal Finance
ECON 193
First-Year Seminar:
ECON 199
Independent Study
ECON 210
Economic Statistics
ECON 248
Economics of Discrimination
ECON 258
Selected Topics in Economics:
ECON 289
Internship in Economics, Lower Division
ECON 297
Study Abroad:
ECON 299
Ad Hoc:
ECON 381
Honors Seminar:
ECON 458
Selected Topics in Economics:
ECON 489
Internship in Economics, Upper Division
ECON 497
Study Abroad:
ECON 499
Ad Hoc:
ECON 697
Organizational Administration Capstone
ECON 699
Independent Work
Economic Theory
ECON 301
Intermediate Microeconomics
ECON 302
Intermediate Macroeconomics
ECON 404
Economic Applications of Game Theory
ECON 506
Mathematical Economics I
ECON 606
Mathematical Economics II
The Economics of Public Policy
ECON 325
Money and Banking
ECON 328
Environmental Economics
ECON 426
Public Economics
ECON 450
Health Economics
ECON 525
The Economics of Water
Strategy, Law, and the Economy
ECON 231
Analysis of American Industries
ECON 333
Economics and Law
ECON 335
Economics of Antitrust Laws
ECON 432
Industrial Organization
Labor Economics
ECON 415
Economics of Employment and Labor Relations
ECON 447
Labor Economics
ECON 448
Economics of Human Resources