Economics

College of Business & Public Administration
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Program Requirements

Economics Major

Zimpleman students can complete a major in Economics through the Zimpleman College of Business and receive a Bachelor of Science in Business Administration (BSBA) degree. The core curriculum of this degree will equip students with the essential business skills needed for a career in business (including business law). Popular minors or second majors include Finance, International Business, and Business Law.

Click here to view the economics curriculum guide.

Economics or Quantitative Economics?

Economics is the study of how people and organizations make decisions, how they interact, and how institutions and policies can be designed to improve people's lives. Quantitative economics is focused on predicting future outcomes and requires higher-level mathematics.

The Zimpleman College of Business offers a BSBA in Economics, and the College of Arts and Sciences offers a Bachelor of Arts (BA) in Quantitative Economics. Although the content of these economics majors is essentially the same, economics requires four elective courses in economics, and quantitative economics includes more of the grad school math requirements.

Popular minors or second majors for Quantitative Economics students include actuarial science, mathematics, and data analytics.

  ECONOMICS QUANTITATIVE ECONOMICS MINOR IN ECONOMICS
Required ECON courses ECON 2, 10, 170, 173, 174 ECON 2, 10, 170*, 173, 174 ECON 2, 10, and (173 or 174)
Elective ECON courses Four 100-level Two 100-level Three 100-level
Required MATH courses MATH 28 or 50 MATH 50, 70, 80, 100, and two from (101, 110, 120, 125, 127, 176, 184) MATH 28 or 50
Required statistics courses STAT 71 & 72** ACTS 131 & 135 None
Capstone ECON 190 ECON 190 or MATH 191 None

* Students in the Quantitative Economics major may substitute STAT 170 for ECON 170.
** Note that IS 44 is a prerequisite for STAT 72.


Economics Minor

Economics studies the big picture in business and society:

  • Why are some countries rich and others poor?
  • Why do some countries grow rapidly and others not at all?
  • How do markets work?
  • Why do recessions happen?
  • What determines workers' pay and firms' profits?
  • And how does government policy affect all this?

The Zimpleman College of Business Economics minor gives students economic insights that they can apply to business, government, or law careers.

This minor is available to all Drake students. Click here to view the economics curriculum guide.

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