The Bachelor of Science in Economics is designed for students who wish to develop a stronger foundation in Economics. Flexibility to select from a variety of courses, both within and outside of the College of Business, allows students to customize their education to their personal interests and career goals. An Economics degree provides quantitative, analytical and computer programming skills for careers in all areas of business, including but not limited to healthcare, banking, business analysis and consulting. This degree also provides a strong foundation for future graduate studies in economics, business, law and public administration. Successful completion of this program leads to the Bachelor of Science degree with a major in Economics. Not eligible for a double degree with the BSBA in Business Economics.
Admission Requirements
Degree Requirements
- Students who change degree programs and select this major must adopt the most current catalog requirements.
- General Education Program and Common Program Prerequisite courses are usually completed in the first 60 hours.
- Students must earn a "B" or higher in QMB 3003 and QMB 3200 (or a "C" or higher in the equivalent calculus and statistics courses). In addition, only grades of "C" or higher transfer into the program and students must earn a minimum of "C" or higher in all courses applied to the major. This includes all courses under requirements Common Program Prerequisites (CPP), Core Requirements: Advanced Level, and Restricted Electives.
- Students enrolled in UCF’s Honors Undergraduate Thesis (HUT) program who complete ECO 4903H (3 units) and ECO 4970H (3 units), and then successfully defend their thesis can substitute ECO 4970H for one restricted elective course in the major.
- The College of Business does not permit Common Program Prerequisites, Primary Core, Secondary Core, Capstone, or any major/elective course to be taken on an elective S/U grading basis.
Degree Requirements
Core Requirements: Advanced Level
12 - 16 Total Credits
- Complete all of the following
- Complete the following:
- ECO3101 - Intermediate Microeconomics (3)
- ECO3203 - Intermediate Macroeconomics (3)
Select one of the following sequences of courses:- Complete 1 of the following
- Complete the following:
- QMB3003 - Quantitative Business Tools I (3)
- Complete the following:
- MAC2233 - Concepts of Calculus (3)
- STA2023 - Statistical Methods I (3)
- Complete the following:
- MAC2311C - Calculus with Analytic Geometry I (4)
- STA2023 - Statistical Methods I (3)
- Students must receive a "C" or better in MAC 2233 and STA 2023 or MAC 2311C and STA 2023 to be waived from QMB 3003. Students are strongly encouraged to take the MAC and STA courses instead of QMB in order to be better prepared for the major courses.
Select one of the following sequences of courses:- Complete 1 of the following
- Complete the following:
- QMB3200 - Quantitative Business Tools II (3)
- Or
- Complete the following:
- STA4163 - Statistical Methods II (3)
- Or
- Complete the following:
- STA4321 - Statistical Theory I (3)
Restricted Electives
27 Total Credits
- Complete all of the following
- Complete at least 9 of the following:
- ECO3223 - Money and Banking (3)
- ECO3410 - Mathematical Economics (3)
- ECO3703 - International Microeconomics (3)
- ECO4934 - Topics in Econometrics (3)
- ECP3004 - Seminar on Current Economic Topics (3)
- ECP3203 - Labor Economics (3)
- ECP4303 - Environmental and Natural Resource Economics (3)
- ECS4013 - Development Economics (3)
- ECP4530 - Health Economics (3)
- ECO4400 - Game Theory and Economics (3)
- ECO4443 - Introduction to Business Analytics (3)
- ECO4412 - Econometrics I (3)
- ECO4422 - Econometrics II (3)
- ECO4504 - Public Economics (3)
- ECO4713 - International Macroeconomics (3)
- ECO4751 - Law and Economics (3)
- ECP3006 - Economics of Sports (3)
- ECO4714 - Advanced Topics in International Economics (3)
- ECO3155 - Thinking Like an Economist (3)
- ECP4403 - Industrial Organization (3)
- For students interested in preparing for graduate school in Economics and other graduate programs the following courses are strongly recommended: ECO 3410 - Mathematical Economics ECO 4412 - Econometrics I ECO 4422 - Econometrics II ECP 4403 - Industrial Organization ECO 4934 - Topics in Econometrics ECO 4400 - Game Theory and Economics ECO 4443 - Introduction to Business Analytics
- For students interested in Finance: One course from the following list can count as a restricted elective towards the economics degree. FIN 3414 - Intermediate Corporate Finance FIN 4504 - Equity and Capital Markets FIN 4604 - International Financial Management FIN 4243 - Debt and Money Markets NOTE: To enroll in one of these courses you must have taken both FIN 3403 and ACG 3173 and earned a B or better in both courses.
Grand Total Credits: 39 - 43
Capstone Requirements
Electives
Foreign Language Requirements
Admissions
- Two years of one foreign language in high school, or one year of one foreign language in college (or equivalent proficiency exam) prior to graduation.
Graduation
Additional Requirements
Required Minors
Departmental Exit Requirements
- Students majoring in Economics must earn a grade of "C" or better in each ECO, ECP, and ECS course and in every course applied towards the major, as well as a 2.0 overall average in the major.
- Students are required to complete the comprehensive exit exam in Economics.
- Students should take the comprehensive exit exam in their final semester.
University Minimum Exit Requirements
- A 2.0 UCF GPA
- 42 semester hours of upper division credit completed
- 60 semester hours earned after CLEP awarded
- 30 of the last 39 hours of course work must be completed in residency at UCF.
- A maximum of 45 hours of extension, correspondence, CLEP, Credit by Exam, and Armed Forces credits permitted.
- Complete the General Education Program, the Gordon Rule, and nine hours of Summer credit.
Total Undergraduate Credit Hours Required: 120
Additional Information
Honors In Major
- Students enrolled in the Honors in the Major (HIM) program who complete ECO 4903H (3 units) and ECO 4970H (3 units), and then successfully defend their thesis can substitute ECO 4970H for one restricted elective course in the major.
Related Programs
- Economics, Business (B.S.B.A.)
Related Minors
- Business Analytics
- Computer Science Minor
- Legal Studies Minor
- Mathematics Minor
- Political Science Minor
- Psychology Minor
- Sociology Minor
- Statistics Minor
Advising Notes
Transfer Notes
- Lower division courses do not substitute for upper division courses.
- Courses transferred must be formally evaluated for equivalency credit. The student must provide a course syllabus and any other supporting information with his/her petition for this evaluation.
- Only grades of "C" or better transfer into the program and students must have a "C" or better in each common program prerequisites class.
Acceptable Substitutes for Transfer Courses
Program Academic Learning Compacts
- Program Academic Learning Compacts (student learning outcomes) for undergraduate programs are located at: https://oeas.ucf.edu/about/academiclearningcompacts/
Equipment Fees
- Part-Time Student: $20 per term
- Full-Time Student: $40 per term
