This is the preliminary (or launch) version of the 2021-2022 VCU Bulletin. This edition includes all programs and courses approved by the publication deadline; however we may receive notification of additional program approvals after the launch. The final edition and full PDF version will include these updates and will be available in August prior to the beginning of the fall semester.

Undergraduate work in economics is excellent preparation for careers in business, government and teaching, as well as for graduate work in economics and professional schools such as law, public administration and medicine. Specialization in economics prepares students for careers that emphasize analytical thinking, a broad understanding of the economy and business organizations and the proper choice of policies by governments and business enterprises. Because of their analytical, quantitative and decision-making skills, students who major in economics are sought after for a wide array of management and analyst positions.

Economics majors are strongly encouraged to take additional courses in statistics and mathematics, especially if they intend to pursue either careers as practicing economists or graduate study in economics or business. Recommended mathematics courses include one or more of the following courses:

Course Title Hours
ECON 403Introduction to Mathematical Economics3
MATH 201Calculus with Analytic Geometry II4

Recommended statistics courses include one or more of the following courses:

Course Title Hours
ECON 501Introduction to Econometrics3
SCMA 302Business Statistics II3
STAT 314Applications of Statistics4

Students should consult with their advisers to determine which of these courses fit their particular interests and backgrounds.

Mission

The mission of the B.S. in Economics is to provide undergraduate students with economic knowledge and skills which will enable them to compete successfully in changing regional, national and global economic environments.

Learning goals

The goal of the economics curriculum is to impart critical-thinking skills, communication skills and quantitative proficiency to its students.

Student learning outcomes

  • Students will solve key microeconomic problems.
  • Students will solve key macroeconomic problems.
  • Students will be able to interpret and analyze data and express economic relationships using graphs, equations and words.
  • Students will demonstrate strong oral and written communication skills.
  • Students will be able to employ economic models and data to analyze questions of economic significance.