Majoring in Economics

How To Declare an Economics Major

If you aren’t declared yet, you can run a “What-If ” DARS Report to assess what courses you still need for your major in Economics.  For directions on how to do this, view the following PowerPoint which will guide you through the process: How to Run a What If DARS for Economics

1. Meet the following requirements:

    • Complete at least two economics courses on the UW-Madison campus.
    • Complete 1 calculus course.
    • Earn a minimum GPA of 2.0 in all completed economics and calculus courses.

2. Complete the online declaration form and sign up for our virtual webinar: “Economics Unveiled: Your New Major”

    • Students are welcomed and encouraged to meet with an economics career advisor as well (Elizabeth Foste or Ilsa May) however, career advisors are not able to meet with you to declare your major
    • You will be emailed the link to the webinar the day before.

3. Attend the webinar!  Currently scheduled dates are below:

    • August 18th at 10:30AM
    • August 26th at 10:30 AM
    • August 30th at 10:30 AM
    • September 9th at 10:30 AM
    • September 20th at 10:30 AM
    • October 4th at 10:30 AM
    • October 25th at 10:30 AM
    • November 15th at 10:30 AM
    • December 3rd at 10:30 AM

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If I passed a course with SD, will it count towards my major declaration requirements?

Yes, in congruence with the UW-Madison Spring 2020 SD (Satisfactory-Disruption) and UD (Unsatisfactory-Disruption) special grading option: SD grade courses will count towards the Economics major declaration requirements, Economics major requirements, and will satisfy future Economics course prerequisites.

UD grades will not count towards any of these requirements.

Example: If a student is currently taking Economics 102 as their second on-campus course to declare, an SD grade will suffice to fulfill our major declaration requirements of ‘two completed courses on campus’

All students majoring in economics are required to take Economics 310, Statistics: Measurement in Economics, unless another course is approved by an economics academic advisor. Students planning to pursue graduate studies in economics or those with a strong math background are strongly encouraged to take courses in statistics and related topics beyond the requirements for the economics major. Related, recommended statistics courses include:

  • Statistics 302, Accelerated Introduction to Statistical Methods
  • Statistics 309, Introduction to Probability and Mathematical Statistics I
  • Statistics 310, Introduction to Probability and Mathematical Statistics II
  • Statistics (Math) 431, Introduction to the Theory of Probability
  • Math 632, Introduction to Stochastic Processes
  • Economics 410, Introductory Econometrics

If you plan to take any statistics courses other than what is required for the major, we encourage you to meet with an economics academic advisor to discuss the best course of study to fit your future plans.

Students in pre-business who are considering economics as an additional major are encouraged to meet with an economics academic advisor to determine whether the statistics course offerings from the economics department or business school best suit your needs.

Similarly, students considering a double major in economics and either statistics or math should consult academic advisors in both departments. Some courses can be counted toward the requirements for both majors, but some course sequences may limit future opportunities, so it is best to consult the advisors prior to enrolling in courses.