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Economics Majors

Principles of Economics (Economics 5) or Principles of Economics with Environmental Applications (Economics 8)equivalent.

Mathematics Courses
Mathematics 32 or any higher-level mathematics course approved by the department. Students can waive all or part of this requirement by showing adequate prior preparation as determined by the Departments of Economics or Mathematics (for example, through Advanced Placement tests).

Majors graduating in the classes of 2018, 2019, and 2020 only may substitute Mathematics 30 and one other course with appropriate math content for Mathematics 32, provided the second course is approved by the Department. Students who make this substitution (which is generally not advised) must still take the four core and five elective courses described below. Students pursuing this option should also recognize that, for purposes of determining the number of courses that can overlap between the economics concentration and the second concentration, the Economics concentration requires ten courses.

Core Courses
Intermediate Microeconomic Theory (Economics 11),
Intermediate Macroeconomic Theory (Economics 12 or 18),
Statistics (Economics 13 or 201, or Mathematics 162, or Engineering Science 56, or Electrical Engineering 104), and
Basic Econometrics (Economics 15, or 107, or 202)

All 100-level economics electives have one or more of these courses as prerequisites. The mathematically-oriented student is advised to take Economics 16, 18, and 107 instead of Economics 12, and 15. Courses in other Tufts departments are normally not accepted as substitutes for Economics 13.

Elective Courses
Majors must successfully complete five upper-level economics courses numbered Economics 20 or above. At least three of these five courses must be courses numbered at the 100 level or above. See the Bulletin for details.

Beginning with the class of 2019, all majors are required to take at least one upper level seminar class. Upper level seminars are courses that focus on a specialized topic in the field of economics. Because of this specialized focus, all seminars have at least one of the core courses (Economics 11, Economics 16, Economics 12/18, Economics 13, Economics 15/107) as a prerequisite. In addition, seminars are small classes that place an emphasis on class interactions, the writing of papers, and the reading of journal articles. Seminar courses provide alternative ways to have "hands-on" research experience that satisfy the seminar requirement. This experience could be offered by a required research paper. However, courses that ask students to complete a series of short policy briefs, a critical literature review, or a group project that requires substantive research and writing all count as seminars. Courses that satisfy the seminar requirement are listed with an ampersand (&) in the Department's Course Offerings.